All the headlines from our Equipment Breakdown Topic Page, ordered by recency.
Oct 21 2024 // With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small...
Feb 23 2022 // Officials have issued a health advisory for the Flint area after equipment failed at a municipal pumping station, sending an unknown amount of raw sewage into the Flint River.Genesee County Health Department officials...
Dec 9 2019 // A fire at a Houston, Texas-area petrochemical storage facility that burned for days in March was accidental and caused by equipment failure at a storage tank, according to a report released Friday by local and federal...
Sep 30 2016 // Mutual Boiler Re, a provider of equipment breakdown reinsurance and related services to insurance companies in North America, is now offering risk improvement insurance coverage to its clients and their commercial...
Apr 29 2016 // The Boiler Inspection and Insurance Company of Canada (HSB BI&I), part of Munich Re, announced the introduction of TechAdvantage™, its new standard equipment breakdown policy.The company said it is the first...
Apr 20 2016 // The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners...
Apr 20 2016 // QBE North America, an operating division of QBE Insurance Group, has enhanced its equipment breakdown coverage with equipment breakdown and technology insurance to cover losses resulting from microelectronic...
Mar 7 2016 // The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners...
Dec 9 2015 // XL Catlin’s Equipment Breakdown (EB) insurance group has introduced a new service offering that provides businesses with an assessment to gauge the reliability of production equipment. XL Catlin EB’s new...
Nov 13 2015 // XL Catlin’s North America Property business has expanded its North America underwriting team responsible for its monoline equipment breakdown insurance.XL Catlin’s Equipment Breakdown team’s new...
Sep 9 2015 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB) is expanding the availability of HSB TechAdvantage, an equipment breakdown insurance that covers undetectable physical damage to microelectronics, by offering...
Jan 22 2015 // The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has launched HSB TechAdvantage, an equipment breakdown and technology insurance that covers losses resulting from microelectronic...
Aug 12 2014 // Liberty Mutual has added senior underwriting and technical engineering resource staff to its equipment breakdown operations, as well as opened a San Francisco office so it can be closer to its partners.The new staff...
May 7 2014 // Liberty Mutual Insurance now offers equipment breakdown assumed reinsurance to insurers through treaties, programs and on a case-by-case basis, giving property/casualty insurers a new source for reinsurance of equipment...
Jul 6 2012 // Pilot error, defective sensors, inadequate training and insufficient oversight combined to send an Air France passenger plane plunging into the south Atlantic in 2009 in the airline’s worst disaster, French...
Mar 22 2012 // The Hartford Steam Boiler Inspection and Insurance Company (HSB), a part of Munich Re, has launched HSB Freestyle Advantage, an insurance product that combines equipment breakdown coverage with optional data compromise and...
Feb 29 2012 // The manager of BP’s Cherry Point refinery in Washington says a fire earlier this month was most likely caused by equipment failure.A failure in the “crude vacuum unit” led to the release of some heavier...
Apr 22 2011 // The Hartford Steam Boiler Inspection and Insurance Co. is taking its green coverage to the next step with HSB Green Equipment Breakdown coverage.HSB Green Equipment Breakdown coverage helps make insureds whole in the event...
Nov 2 2010 // Liberty Mutual expands its equipment breakdown (EB) offering with the launch of PowerPro Select, an expansive monoline product for companies that prefer separate EB coverage. With the addition of PowerPro Select, Liberty...
Aug 19 2009 // The Brownyard Group, based in Bay Shore, N.Y., is offering Equipment Breakdown coverage for its security guard (Brownguard), pest control operators (PCOpro) and cosmetic manufacturers (Foundation) programs.Coverage is...