high net worth homeowners News

Fireman’s Fund Enhances Prestige Home Premier Product

Fireman’s Fund has unveiled new coverages and enhancements to its Prestige Home Premier product, now available in six states and filing nationwide through 2016. Homeowners in Arizona, Colorado, Connecticut, Illinois, Missouri, and Oregon are now eligible for the new product, …

Fireman’s Fund Expands Wildfire Response Program for Prestige Home Policyholders

In the midst of one of the most active wildfire seasons on record, Fireman’s Fund Insurance Company has expanded its wildfire program to include response services, which may include the application of fire-blocking options to a policyholder’s home and surrounding …

Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes

Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners.  Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1 million or more in selected states nationwide. By …

Crestbrook Insurance Expands into California, More States to Come

Crestbrook Insurance Co., an affluent market personal lines carrier, has expanded its products and services to independent agents and their clients in California. After launching in Illinois last October, the Nationwide Insurance subsidiary will continue to expand into Washington, Arizona, …

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 …

Insurers’ Private Firefighters Give Wealthy Homeowners Extra Protection

Bill Potter wasn’t eager to abandon his high-end house last month during evacuations forced by a massive Idaho wildfire, but he felt reassured when his insurance company sent a team to protect his home near the world-class ski resort of …

PURE Introduces Auto Insurance Option to Massachusetts Drivers

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, will begin offering automobile insurance to its membership in Massachusetts. PURE began insuring fine homes, jewelry and art collections, excess liability …

ACE Private Risk Survey: High Net Worth Families Overpaying to be Underinsured

Most wealthy individuals and families who insure their assets with carriers geared primarily for the average U.S. household overpay for coverage that leaves their wealth unnecessarily exposed to the risk of severe financial loss, according to an ACE survey of …

Insurer Using Imaging Technology to Spot Home Hazards Before They Cause Damage

A new imaging technology being deployed by Fireman’s Fund Insurance Co. can help reduce the risk of catastrophic damage, injury and loss of life due to fire. It can also spot potential water damage to homes and personal property before …