high value home News

Partner Specialty Group Launches Online High Value Homeowners Facility

Partners Specialty Group, LLC has announced a new non-admitted online high value homeowners facility with limits in excess of $60 million. Appointed agents will be able to access the online portal and obtain quotes for the following exposures: High Value …

Boiler Room Explosion at Florida Penthouse Injures 6

A penthouse boiler room exploded because of a gas leak Friday at a 33-story high-rise near Miami, injuring at least six people, fire officials said. The explosion happened around noon on the top floor of the Ch√Ęteau Beach Residences, a …

Ironshore Launches Umbrella Coverage up to $5M for High Value Homeowners

Ironshore Personal Lines is now offering a new umbrella program for high net worth homeowner insureds, with properties valued in excess of $1 million, as complementary liability coverage for losses due to unforeseen legal actions. Ironshore Personal Lines’ umbrella program …

AIG Launches Risk Management Service for Builders of Luxury Homes

AIG Private Client Group, a division of American International Group, Inc., has introduced a risk management and mitigation service for residential construction projects with budgets of $5 million or more. As part of its Smart Build offering, AIG risk experts …

Security First to Offer Ironshore’s Primary Flood for High-Value Properties in Florida

Security First Managers, LLC, a Florida-based managing general agent for high value homeowners programs, is expanding the flood coverage it offers utilizing Ironshore insurance capacity. Security First Managers can now offer primary flood insurance of $500,000 to its customers, in …

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 …