real estate News

Real Estate Matters Top List of Legal Malpractice Claims: Survey

For the first time since the American Bar Association began conducting surveys of legal malpractice insurance claims beginning in 1985, insurers reported a higher percentage of claims involving real estate than any other area of law. Real estate, personal injury-plaintiff …

General Star Expands Admitted Real Estate Product to California Agents

General Star Management Co. has made its admitted professional liability coverage for real estate agents available in California. Underwritten by General Star’s Professional E&O Division, the new offering is provided by General Star National Insurance Co. General Star also upgraded …

General Star’s Real Estate Appraiser E&O Program Now Available in N.Y.

General Star Management professional liability coverage for real estate appraisers has been approved and is now available in New York on an admitted basis. Underwritten by General Star’s Professional E&O Division, coverage is provided by General Star National Insurance Co. …

Reliance Global Group Launches Mutli-Family Real Estate Product

Reliance Global Group, a subsidiary of Montvale, N.J.-based Empire Insurance Holdings, LLC has launched UniSurance, a new specialty insurance product for the multi-family real estate sector. This program is being offered in response to growing demand from the real estate …

XL Enhances Real Estate Portfolio Protection

XL Group’s insurance segment has launched enhanced pollution protection for real estate portfolios. The product will be available through the segment’s environmental team. The new product is aimed toward portfolio property owners and managers, developer and redevelopers, and real estate …

ACE Launches New Coverage for Hospitality, Real Estate Industries

ACE USA, the U.S.-based retail operations of the ACE Group, has introduced endorsements for its ACE Umbrella policies, which are designed to address risks faced by the hospitality and real estate industries. Two new endorsements complement the ACE Umbrella Plus …

MOC Insurance Services Combines with San Francisco Insurance Center

San Francisco Insurance Center has joined MOC Insurance Services, the two Northern California firms announced on Thursday. Van Maroevich, president and CEO of San Francisco-based MOC Insurance Services, and Fred S. Nagle, III, president of San Francisco Insurance Center, said …

Zurich to Offer Contract Litigation Insurance for Real Estate Firms

Zurich, a provider of property and casualty insurance in North America and globally, now offers Contract Litigation Insurance (CLI). According to the Bureau of Justice Statistics, the most common form of civil litigation in the U.S. is contract litigation. Further, …

Schinnerer Adds Enhancements to Real Estate E&O Policy

Coverage for open houses, mold, network risks and privacy claims are now part of Victor O. Schinnerer & Company’s real estate E&O policy. Schinnerer includes the three new coverages at no additional premium. Open house coverage applies to property damage …

Pearl Insurance Enhances Real Estate E&O Coverage

Pearl Insurance has introduced a new errors and omissions policy for real estate professionals. The REALTORS professional liability policy includes a mold endorsement with increased limits, subpoena assistance, free three-year extended reporting period, loss mitigation credit (exclusive to Pearl Insurance), …