Equipment Breakdown News

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Equipment Breakdown Tops Small Restaurant Claims List

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...

Equipment Failure Sends Raw Sewage Into Michigan’s Flint River

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...

Report Shows Fire at Texas Facility Caused by Equipment Failure

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...

Mutual Boiler Re Adds Risk Improvement Coverage to Equipment Breakdown Policies

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...

HSB BI&I of Canada Offers Equipment Breakdown Cover for Microelectronics

Apr 29 2016 // The Boiler Inspection and Insurance Company of Canada (HSB BI&I), part of Munich Re, announced the introduction of TechAdvantageā„¢, its new standard equipment breakdown policy.The company said it is the first...

One-Size Doesn’t Fit All in Today’s Evolving Homeowners Market

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...

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