American Modern Insurance Group, a national specialty insurance carrier, has enhanced its yacht program in California and Washington, expanding coverage features in the base policy, repositioning endorsements as a way to increase limits, and lowering rates for experienced yacht owners. …
XXL Group’s North America Marine insurance business has launched a new suite of recreational marine coverages tailored to yacht owners called ShipShape. With limits up to $50 million, ShipShape provides a variety of recreational marine coverages including: Liability coverage that …
Chartis has introduced a suite of loss prevention services for yacht insurance clients within its U.S. Private Client Group. Claims experience on Private Client Group policies underwritten by Chartis insurers has shown that the most common cause of reported yacht …
A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas. Florida Chief Financial Officer Jeff Atwater announced the arrest of Robert Figueredo by detectives from …
Sign up to receive insurance news alerts!
