environmental insurance News

Huhn-Kenzik to Lead New Sompo Environmental Unit for U.S.

Sompo International Holdings Ltd., a Bermuda-based specialty property,/casualty insurer, has launched a U.S. Insurance Environmental unit that augments its existing capabilities currently available through its Sompo Global Risk Solutions industry verticals. In addition to Sompo International’s current environmental offerings, the …

BHSI Launches Environmental Impairment Liability Insurance in France

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Environmental Impairment Liability (EIL) Insurance in France. The new policy pairs coverage for multiple environmental risks with technical and legal support to help insureds mitigate environmental incidents and claims. BHSI said the policy …

Specialist MGA Lions Gate Expands Canada Offering with Environmental Insurance Cover

Lions Gate Underwriting, the Vancouver-based specialist managing general agent, has launched a new Environmental Insurance product as part of its coverage offering. The program is being underwritten by Great American Insurance Group, which backs a number of Lions Gate products, …

Oil Industry Seeks Easing of Environmental Regulation During Pandemic

The Environmental Protection Agency said this week that it’s reviewing a request from the oil and gas industry to ease enforcement of hazardous air and water pollution and other regulatory issues during the coronavirus pandemic. The proposal is drawing objections …

Ironshore’s O’Brien Joins Ascot U.S. to Launch Environmental Business

Ascot has named environmental insurance veteran John O’Brien as executive vice president and head of Environmental. O’Brien will be responsible for launching an environmental liabilities and related specialty product business unit accessing both the admitted and excess and surplus capabilities …

Work Begins to Reopen Idaho Mine Following Settlement

A northern Idaho mine could be put back into operation following the settlement of a federal lawsuit against the mine’s owner. The Spokesman-Review reported a settlement agreement was filed Monday in federal court in Boise that aims to resolve environmental …

E&S Exit: State Auto’s Rockhill Sells Environmental Insurance Renewals to CapSpecialty

Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group’s excess and surplus environmental insurance book of business. Rockhill is a member of the State Auto Insurance Group, which has …

Pen Underwriting Builds on QBE Partnership with Irish P/C Capacity Deal

Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental industries. The new partnership takes effect on Jan. …

Everest Taps Farr to Lead Environmental Unit in North America; Adds McVay for Monoline

Brian Farr has been named leader of the Environmental unit within Everest Insurance. Based in Everest’s Liberty Corner, N.J., office, Farr is charged with expanding the company’s environmental product breadth, appetite and distribution footprint in North America. Farr initially joined …

XL Catlin Promotes Gerbaud to Head International Environmental

XL Catlin’s insurance operations announced the promotion of Adias Gerbaud to head international environmental. In her newly expanded role, Gerbaud will be responsible for managing XL Catlin’s environmental portfolio while leading a team of eleven underwriters across the UK, Western …