RT ECP: Carrier News

February 23, 2021

Zurich exits US environmental PLL but market viewed as “robust”

Source: The Insurer, February 23, 2021 Zurich’s US environmental practice has stopped writing site-specific pollution legal liability (PLL) having previously been a major player in the space, with broker CAC Specialty commenting that capacity remains abundant because of new entrants in recent years. In an update, CAC Specialty stated that Zurich has stopped offering site-specific […]

December 5, 2019

Great American – Special Risks Insurance

Source: https://www.greatamericaninsurancegroup.com/, December 2019 New Enhancement Great American is now offering site-related pollution coverage to classes of business that can be higher exposure due to the nature of their operations. This would include but not be limited to: Chemical Manufacturing and Processing Plants Industrial Manufacturing Pulp and Paper Petroleum Refineries Large Petroleum Terminals Oil and […]

November 11, 2019

Berkley Construction Professional Has Introduced Faulty Workmanship Liability Coverage

Source: https://www.bossynews.com, November 11, 2019 By: Shahina Khatun Berkley Construction Professional is a division of the Berkley Alliance Managers. Berkley Construction Professional has introduced a Faulty Workmanship Liability coverage which fits consecutively with ISO CGL (Commercial General Liability) policy related to the property damage which has arisen from the faulty workmanship. This Faulty Workmanship Liability […]

October 31, 2019

Great American Environmental Division Announces Special Risks Program

The Environmental Division of Great American Insurance Group is pleased to announce an enhancement to its current environmental program. The new “Special Risks” coverage enhancement is specifically designed to offer site-related pollution coverage to classes of business that can be considered higher exposure due to the nature of their operations. These “Special Risks” would include […]

October 27, 2016

Ironshore Expands Liability Coverages for Designers, Contractors

Source: http://www.insurancejournal.com, October 26, 2016 Ironshore’s Construction Industry Vertical, in conjunction with Ironshore Specialty Casualty, has expanded its coverage for the designers and contractors sector with a new combination policy covering contractors professional liability, contractors pollution liability and pollution mitigation in a single product suite. Ironshore’s new Designers and Contractors Professional & Pollution (DCP2) Liability […]

May 25, 2016

XL Catlin Enhances Contractor's Professional and Pollution Legal Liability Insurance with Rectification Expense Coverage

Source: http://www.prnewswire.com, May 25, 2016 XL Catlin’s Environmental insurance business has added new protection to its Contractor’s Professional and Pollution Legal Liability insurance to help contractors and environmental consultants protect themselves from costly mistakes. According to Matt O’Malley, President of XL Catlin’s Environmental insurance business, “Contractors of all sizes and types face professional liability exposures, […]

February 19, 2016

Berkshire Hathaway Specialty Insurance Introduces Contractor's Protective, Professional & Pollution Liability Insurance in the U.S.

Source: http://www.businesswire.com, February 17, 2016 Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has launched a Contractor’s Protective, Professional and Pollution (CP3) Liability Policy, which is available on a primary and excess basis for practice or project-specific risks in the U.S. “This Policy is a natural next step in our development of meaningful, long-term […]

January 15, 2016

Great American Launches Enhanced Liability Product

Source: Great American Insurance Insurance Group, January 15, 2016 Great American Insurance Group’s Environmental Division is pleased to announce the launch of its enhanced Professional and Contracting Services policy. The policy speaks to many exposures now faced by contractors, including: Mitigation Costs Coverage Additional Limits for Legal Expense Public Relations Expense Coverage Emergency Response Costs […]

October 14, 2015

Insurer to offer project-specific endorsements for construction sector

Source: http://www.ibamag.com, October 12, 2015 A prominent insurance company is now offering project-specific endorsements for sophisticated participants in the US construction market. The new endorsements from Ironshore Specialty Casualty’s construction unit are available for wrap (OCIP and CCIP), project specific and owner’s interest developments, providing coverage options for project owners, general contractors, joint venture entities […]

July 13, 2015

W. R. Berkley Corporation Creates Berkley Construction Professional Liability Underwriters

Source: http://www.businesswire.com, July 13, 2015 W. R. Berkley Corporation (NYSE:WRB) today announced the creation of Berkley Construction Professional Liability Underwriters, a W. R. Berkley Company®, to provide professional liability, pollution liability and protective coverages for contractors and project owners across all forms of non-environmental construction. Products will be available on both a primary and excess […]

May 5, 2015

XL CEO Mike McGavick talks Catlin acquisition, combined company’s future, rebranding

Source: http://www.propertycasualty360.com, May 1, 2015 By: Shawn Moynihan Forging a combined new competitor in the global specialty insurance and reinsurance markets, XL Group PLC has completed its acquisition of Catlin Group Ltd., and will soon be marketing the combined venture under a new name that its CEO believes will project its strengths in a competitive […]

April 16, 2015

XL Group Introduces Simplified Environmental Excess Policy Form

Source: http://www.marketwatch.com, April 16, 2015 XL Group’s Environmental insurance business has created a new excess insurance policy providing their clients and brokers in the US and Canada with a simplified solution for buying an additional layer of environmental insurance protection. This new excess insurance form supports a consistent coverage approach between the excess layer and […]

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