Equipment Breakdown News

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Equipment Failure Sends Raw Sewage Into Michigan’s Flint River

Feb 23 2022 // Officials have issued a health advisory for the Flint area after equipment failed at a municipal pumping station, sending an unknown amount of raw sewage into the Flint River. Genesee County Health Department officials...

Report Shows Fire at Texas Facility Caused by Equipment Failure

Dec 9 2019 // A fire at a Houston, Texas-area petrochemical storage facility that burned for days in March was accidental and caused by equipment failure at a storage tank, according to a report released Friday by local and federal...

Mutual Boiler Re Adds Risk Improvement Coverage to Equipment Breakdown Policies

Sep 30 2016 // Mutual Boiler Re, a provider of equipment breakdown reinsurance and related services to insurance companies in North America, is now offering risk improvement insurance coverage to its clients and their commercial...

HSB BI&I of Canada Offers Equipment Breakdown Cover for Microelectronics

Apr 29 2016 // The Boiler Inspection and Insurance Company of Canada (HSB BI&I), part of Munich Re, announced the introduction of TechAdvantage™, its new standard equipment breakdown policy. The company said it is the first...

One-Size Doesn’t Fit All in Today’s Evolving Homeowners Market

Apr 20 2016 // The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners...

QBE Enhances Equipment Breakdown Coverage to Address New Technologies

Apr 20 2016 // QBE North America, an operating division of QBE Insurance Group, has enhanced its equipment breakdown coverage with equipment breakdown and technology insurance to cover losses resulting from microelectronic...

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