January 7, 2016
Minnesota closed out 2015 with its highest level of boating fatalities in a decade. Minnesota had 18 boating-related deaths last year, preliminary figures from the Department of Natural Resources show. That’s the most since 23 people died in 2005 and …
August 28, 2015
BoatUS has launched a boat rental insurance policy available for rentals through Boatbound, a nationwide boat rental marketplace. The new Peer-to-Peer Boat Rental Policy covers the rental period and is designed specifically to meet the needs of this new and …
July 6, 2015
Ironshore Inc. has introduced a new boat and yacht insurance program in collaboration with the National Boat Owners Association (NBOA) to be available nationwide. Ironshore Premier Watercraft program, which will be offered exclusively by NBOA, provides comprehensive cover for watercraft …
June 30, 2015
ACE Group has launched a new online tool, ACE EZQuote, that allows independent agents and brokers to generate a bindable quote for boats in less than four minutes. Available through its ACE Recreational Marine Insurance business, ACE EZQuote works for …
May 8, 2015
Novamar Insurance Group, Inc. has expanded its Novamar Offshore Yacht Insurance program. Yacht owners can now insure their vessels while cruising locally or around the world with an “A + rated” U.S. insurance company at competitive premiums. The Novamar Offshore …
March 10, 2015
The Norman-Spencer Agency, Inc.’s marine insurance services division has launched the TradeWinds Yacht Insurance Program. According to Paul Sexton, vice president of Norman-Spencer’s marine insurance services division, the addition of the new TradeWinds yacht program will drive Norman-Spencer’s growth in …
February 18, 2015
Richard Schwartz, the lawyer who founded a boat insurance and towing operation and then sold it to Warren Buffett, has died. He was 85. Schwartz died on Feb. 11 after a short illness, according to Scott Croft, a spokesman for …
October 22, 2014
The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based company noted data from the National …
August 29, 2014
GetMyBoat, a global peer-to-peer and boat rental and charter marketplace, has launched a global boat rental insurance product. Customized coverage is offered to boaters who book through the company or through any other service or platform. Policies can be purchased …
May 8, 2014
Ironshore’s personal lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners. Ironshore’s watercraft program provides “all risk” coverage for watercraft, including jet skis and boats. Coverage can be obtained for multiple boats …