excess coverage News

Southwest Wins Appeal in Cyber Excess Coverage Dispute With Liberty

The 5th U.S. Circuit Court of Appeals ruled last week that Southwest Airlines can continue to seek reimbursement under its Liberty Mutual cyber risk policy for costs incurred during a 2016 massive computer failure. An appeals court panel disagreed with …

Everest Insurance Expands Umbrella, Excess Casualty Offering

Everest Insurance has expanded its umbrella and excess casualty offering with their new Peak Protect policy form. Peak Protect is an enhanced commercial umbrella policy form. Everest has also included Crisis Event Protection coverage on the new form, with an …

XL Group Introduces New Excess Executive Liability Form

XL Group has developed a new excess “follow form” insurance policy to provide the option of buying an additional layer of professional liability insurance protection. According to Kelly Lyles, chief executive of XL Group’s Global Professional team, potential defense costs …

Ironshore Personal Lines Unit to Offer Excess Flood Coverage

Ironshore’s Personal Lines unit is expanding flood insurance coverage for high net worth homeowner clients. The excess flood insurance is an endorsement available on homeowners policies underwritten by Ironshore through its network of program administrators. The coverage provides an excess …

Aon Launches Excess Liability Facility for Railroad Business

Aon Risk Solutions, the global risk management business of Aon plc, has launched Aon Rail Excess Liability facility. The insurance facility was created in response to emerging risks arising out of requirements in the Rail Safety Improvement Act of 2008 …

Gridiron Insurance Releases E-Portal Product

Gridiron Insurance Underwriters, Inc., a program manager that specializes in writing program business on a regional and national basis through select retail and wholesale producers, has debuted its new Easy Excess E-Portal. The Easy Excess web portal provides up to …

UK’s CFC Launches Excess Underwriting Capability

London-based CFC Underwriting has launched an excess underwriting capability. CFC is a specialist lines underwriting agency backed by 17 Lloyd’s syndicates. It has clients in over 50 countries around the world and specializes in “developing and distributing cutting edge insurance …