All the headlines from our Equipment Breakdown Topic Page, ordered by recency.
Aug 13 2009 // Several weeks ago, MyNewMarkets.com posted a two-part series regarding coverage gaps and selling to those gaps. “Gaps That Sell” and “Three Homeowners’ Policy Gaps that Sell” detailed the...
Jun 24 2009 // The Swett & Crawford Underwriting Practice Group, headquartered in Atlanta, Ga., and CNA have collaborated in the development of a new nationwide program for equipment breakdown coverage open to more than 450 eligible...
May 4 2009 // Security systems, central heat and air conditioning, lighting systems, and the “smart” computer systems that regulate them are just a few necessities supplied by equipment that is susceptible to breaking down....
Feb 23 2009 // Mutual Boiler Re, a Malvern, Pennsylvania based equipment breakdown reinsurer, said it will now pay for its insureds’ boiler and pressure vessel certificate issuance fees and inspection costs in the nine U.S....
Feb 6 2009 // Honolulu-based Island Insurance Co. Ltd. is offering equipment breakdown coverage to all homeowners policyholders. The optional endorsement is available for $15 per year and covers the cost of repair and replacement of...
Feb 22 2007 // The American Association of Insurance Services (AAIS) is filing two new equipment breakdown coverage options for use with its revised homeowners forms. The endorsements are currently being filed and will take effect in...
Sep 25 2006 // In the grip of a heat wave, the owners of a fruit farm didn’t suspect a mechanical problem when a 600 hp deep well pump started producing less water. After all, the temperature had been soaring for weeks and other...
Sep 25 2006 // Information technology plays an important part in production and a computer’s sensitive electronic circuits are susceptible to electrical damage. … Add the mechanical equipment it takes to run a farm and the...
Jul 4 2006 // St. Paul Travelers launched “Quick Quote,” an online rating tool that provides quoting and binding capabilities for standalone equipment breakdown insurance.It provides new business equipment breakdown coverage...
Jun 21 2004 // Nuts & Bolts: Hartford Steam Boiler is offering a customized farm equipment breakdown insurance product to other property-casualty insurers who serve the farm and ranch market. HSB also supplies a full range of...
May 3 2004 // Nuts & Bolts: Hartford Steam Boiler is offering a customized farm equipment breakdown insurance product to other P/C insurers who serve the farm and ranch market. HSB also supplies a full range of specialized services...
May 3 2004 // Nuts & Bolts: Hartford Steam Boiler is offering a customized farm equipment breakdown insurance product to other P/C insurers who serve the farm and ranch market. HSB also supplies a full range of specialized services...
Apr 14 2004 // Farms have changed, and so have the risks. The addition of computer-controlled technology to traditional farm equipment has significantly increased exposures, yet many farms lack insurance protection when equipment breaks...
Mar 1 2004 // The Hartford Steam Boiler Inspection and Insurance Company (HSB) announced the launch of HSB InstantQuote, an online tool for quoting and binding equipment breakdown coverage in as little as three minutes.HSB InstantQuote...
Aug 5 2003 // Fireman’s Fund Insurance Company has introduced Commercial Equipment Breakdown coverage, which replaces the company’s previous boiler and machinery form and protects a broad range of property risks normally...
Sep 17 2002 // Zurich North America’s Machinery and Equipment Breakdown program (Zurich MEB), which has provided machinery breakdown coverages for more than 80 years, is using advanced online technology to partner with other...
Dec 1 2000 // SAFECO has aligned with The Hartford Steam Boiler Inspection and Insurance Company to expand both companies’ Boiler & Machinery insurance books of business. The agreement provides for SAFECO Business...
Nov 27 2000 // Equipment breakdown coverage: it’s the modern-day descendant of what has been traditionally referred to as boiler and machinery insurance. And today’s businesses need it just as much as they did in the old...