Energy News

Berkshire Hathaway Specialty Insurance Names Head of Singapore Energy Business

Berkshire Hathaway Specialty Insurance (BHSI) today announced another key addition to its leadership team in Asia, naming Min Ong as Asia regional head of energy, based in Singapore. Malin Fredriksson, Asia regional head of first party lines, said, Ong has …

LIU Adds Underwriters to Risk Engineering Team

Liberty International Underwriters has added five risk engineers to its U.S. and Latin America risk engineering team to focus on energy-related opportunities and civil construction projects in response to the resurgence in America’s energy industry and continued energy growth anticipated …

Fraser and Dimitry Join Alliant Insurance Services in Houston

Specialty insurance brokerage firm, Alliant Insurance Services, has added two veteran producers to its energy and marine group in Houston, Texas. Executive Vice President Cran Fraser and Vice President Ted Dimitry will be responsible for business development and the delivery …

Houston-Based Broker, J.H. Blades, Acquires Energy Rival Burke-Daniels

J.H. Blades & Co. Inc., an energy-focused managing general agent based in Houston, announced it has purchased wholesale broker Burke-Daniels Co. Inc., which also specializes in the oil and gas energy sector. Terms of the deal were not disclosed. With …

ACE Promotes Langdon to Global Head of Upstream Energy

ACE Group announced that James Langdon, Lloyd’s market manager for energy within ACE Global Markets, has been promoted to the new role of global head of upstream energy as the company continues to build its presence across the world’s energy …

Kaufman Financial Acquires Canadian MGA Avec Insurance Managers

Burns & Wilcox Canada, a subsidiary of Kaufman Financial Group, announced it has acquired Avec Insurance Managers, a Toronto-based managing general agent with expertise in marine, inland marine and other specialty commercial lines. Avec will become part of Burns & …

BHSI Lowers Casualty Minimum Premiums, Adds Deductible Options

Berkshire Hathaway Specialty Insurance (BHSI) is broadening its casualty appetite in the U.S., lowering its minimum policy premium for eligible products liability, general casualty, energy and trucking risks, while introducing deductible options for primary general liability and product liability policies. …

Louisiana Needs More Electricity For Industrial Boom: Utility

The state’s largest utility needs to come up with more power before the end of 2016, and then find even more by the end of 2019 to meet the demands of Louisiana’s ongoing industrial boom. That likely means building power …

Cooper Gay Creates Latin American Energy Practice

Cooper Gay Miami, the Latin American headquarters of global reinsurance, wholesale and specialty broker Cooper Gay Swett & Crawford (CGSC), announced the creation of a Latin American energy practice. The practice will target regional business with a particular focus on …

XL Group, Munich Re, New Energy Risk Provide Insurance for Fuel Cell Project

XL Group’s Complex Accounts unit, Munich Re’s Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver a performance insurance policy for a portfolio of fuel cell servers installed across the U.S. The insurance cover …