alternative energy News

Energi of Canada Offers P/C Energy Programs in West & Atlantic Canada

Energi of Canada has launched property & casualty programs for energy business in parts of Western and Atlantic Canada. The new energy programs provide risk management solutions and insurance offerings for energy related risks in the following segments: Fuel distribution …

Lohmann Joins Energi as VP of Alternative Energy Solutions

Peabody, Mass.-based Energi, a provider of risk management and insurance programs for the energy industry, said Christopher Lohmann has joined the company as vice president of Alternative Energy Solutions (AES). Previously, Lohmann was a senior finance policy advisor at the …

Energi, CapX Partners Launch Online Platform for Energy Savings Projects

CapX Partners has launched a new online platform called Energy Conservation and Performance (E-CAP), to help building owners, ESCOs, contractors and engineers secure financing for their energy savings projects. Partnering with energy insurer Energi, the E-CAP Platform will incorporate Energi’s …

Struggling Idaho Alt Energy Company Sued Again

An Idaho alternative energy company beset by lawsuits faces another one, this time from a bike race that says it hasn’t been paid millions in promised sponsorship money. Exergy Development Group of Boise and its owner, James Carkulis, were sued …

ISO Adds Alternative Energy Classifications to Commercial Property Program

ISO has added new classifications to its commercial property program to account for the emergence of alternative energy sources. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics. In response to the growing demand for alternative …

Energi Expands Presence With Three New Offices

Energi, a developer and underwriter of insurance products, has opened three new satellite offices across the United States to better serve the company’s policyholders and insurance brokers. The new Westport, Conn. office opened in August; the Carlsbad, Calif. location opened …

Texas Offers $5.7M In Grants For Alt Fuel Vehicles

The Texas Commission on Environmental Quality is offering $5.7 million in grants to replace diesel vehicles with ones that use hybrid or alternative energy technology. The grants are available under the Texas Clean Fleet Program and can be applied to …

ISO Adds General Liability Classifications for Alternative Energy, Nanotechnology

ISO has announced new general liability classifications for alternative energy sources and nanotechnology. ISO is introducing most of the new classifications with accompanying estimated loss potentials. “With heightened interest to reduce the carbon footprint, establish energy independence, and increase the …

Lexington to Insure Alternative Energy Tax Credits

Lexington Insurance Co., a Chartis company, has introduced ITC Energy – 48SM, its energy investment tax credit insurance program, which consists of ITC Energy-48SM Mobile Property Insurance and ITC Energy-48 SM Professional Liability Insurance. This new suite of products is …

Munich Re in ‘First-time’ Guarantee of Solar Modules in France

Munich Re announced that it has agreed to guarantee the performance of solar modules in France for the first time. The reinsurer will be working with industrial insurance broker Filhet-Allard and solar manufacturer Solairedirect, who have “jointly launched a new …