Berkshire Hathaway Specialty Insurance Enhances U.S. Casualty Capabilities, Names Head of Environmental Business
Source: http://www.businesswire.com, January 6, 2015
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its environmental group.
“This latest expansion reflects BHSI’s strategy of pairing our sound capacity with proven expertise to address market needs. Chuck’s extensive experience enables BHSI to set an optimal course for our operations as we move into the U.S. environmental insurance market,” said Meredith Bullock, Vice President, Casualty.
BHSI is marking its entry into the environmental space by providing an affirmative grant of pollution coverage on general casualty forms — an important enhancement for energy and construction customers in particular. Coverage will be provided on a primary and excess basis, with available capacity of up to $25 million.
Chuck has more than 20 years of experience as an Environmental Consultant at various environmental remediation firms, underwriting and management experience at AIG Environmental. He was most recently product development for Lexington Insurance Company. Chuck holds a bachelor’s degree in Environmental Science from Allegheny College and a master’s degree in Business Administration from the University of Pittsburgh.
Chuck is based in BHSI’s Boston office.
Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, and homeowners insurance for customers. It underwrites on the paper of Berkshire Hathaway’s National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s. Based in Boston, Berkshire Hathaway Specialty Insurance has regional underwriting offices in Atlanta, Boston, Chicago, Hong Kong, Los Angeles, New York, San Francisco, Singapore and Toronto. For more information, contact info@bhspecialty.com.