umbrella policy News

Massachusetts SJC Issues Decision in Auto Insurance Dispute

The Supreme Judicial Court in Massachusetts (SJC) has answered a question regarding the priority of coverage for two automobile insurance policies covering a single motor vehicle accident. In its ruling, the SJC decided both excess policies cover the accident equally …

Hanover Offers Insurance Advice for Parents Sending Kids to College

The Hanover Insurance Group advises that as new high school graduates get ready to head off to college, parents would be wise to prepare for potential risks and liabilities, and to consider the insurance implications. “Be proud of your child’s …

Non-Covered Claims May Exhaust Primary Limits, Trigger Umbrella

A recent ruling from the Fifth Circuit Court of Appeals in Louisiana clarified that an umbrella policy may be triggered even when the underlying insurance is exhausted by claims that would not be covered by the umbrella policy itself. The …

Berkshire Hathaway Specialty Insurance Launches Healthcare Umbrella Policy

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in the ever-changing healthcare environment. Reflecting the industry’s widespread consolidation, the policy provides a definition of insured, which encompasses new …

Nautilus Insurance Group Enters Personal Umbrella Market

Nautilus Insurance Group (Nautilus) will begin writing personal umbrella and related coverages nationwide through a new office in California. Ann Boman-Clark has been named vice president, underwriting – personal umbrella. She has more than 35 years of experience in the …

Honolulu Rail Authority Reconsidering Insurance Program

Honolulu’s rail authority is considering ditching an insurance program that was supposed to save the city $20 million. The program would have covered contractors working on the planned 20-mile rail line. The interim director of the Honolulu Authority for Rapid …