January 25, 2023
An insurance defense attorney accuses the McClenny Moseley & Associates law firm of teaming up with restoration contractors to illegally acquire clients, which sometimes resulted in duplicate lawsuits being filed against insurers for claimants who were already represented by other …
February 19, 2014
Berkshire Hathaway Specialty Insurance (BHSI) has introduced a consolidated insurance endorsement which combines numerous primary general liability coverage enhancements in a single product designed expressly for construction wrap ups and project-specific programs. The new endorsement allows for a clear-cut description …
February 10, 2014
ACE Recreational Marine, a nationwide recreational marine insurance provider and part of ACE Group, has introduced an optional endorsement that waives coverage for storm surge damage for those boat owners who are willing to move their vessels out of harm’s …
December 16, 2013
The Energy Unit of Ironshore’s U.S. Specialty Casualty unitis now offering enhanced insurance coverage endorsements for upstream energy risks as part of its ExcessProtect Plus Energy Commercial Excess Liability policy. The suite of endorsements provides insurance coverage for energy risks …
September 11, 2013
Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing exposures related to cyber crime connected to business bank accounts. “Technology …
April 3, 2013
To fill in the potential coverage gaps not covered by a traditional general liability policy, Travelers has introduced MedFirst Plus, four new coverage endorsements to its MedFirst policy for the medical technology and device industry. The new Travelers MedFirst Plus …
March 7, 2013
Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming available. The two organizations that standardize …
December 14, 2012
Insurers now have access to a new sample endorsement they can use to provide “data breach” coverage to small- and mid-sized commercial accounts. The American Association of Insurance Services (AAIS) has released the sample endorsement under its business owners program …
December 11, 2012
The Chubb Group of Insurance Companies has launched a new endorsement to help protect community banks from a more than three-fold increase in fraudulent online commercial transactions. The new endorsement to the ForeFront Security by Chubb Community Bank Bond expands …
November 28, 2012
Markel is now offering DataBreach Mitigation coverage for its management liability product line. The policy includes a sublimit for PR expense coverage, notification and related legal expenses, and voluntary credit monitoring. This coverage extension is offered by Markel on an …