energy insurance News

JLT Specialty Adds 5 to U.S. Energy Practice

Insurance and reinsurance broker JLT Specialty Insurance Services Inc., a U.S. subsidiary of Jardine Lloyd Thompson Group plc., announced the appointment of five additional specialists to its Houston-based energy risk team: William Helander, most recently senior vice president, Aon Wynne …

Energi, HDI-Gerling America Extend Partnership for the U.S. Energy Industry

Energi and HDI-Gerling America have entered into a multi-year agreement to extend their risk management and insurance programs to certain segments of the United States downstream, midstream and upstream energy markets. Energi provides distribution management, underwriting, policyholder services and loss …

Worldwide Facilities Partners with Beazley, Canopius to Offer Energy Insurance

Worldwide Facilities, Inc. has formed a strategic partnership with the Canopius and Beazley Lloyd’s of London syndicates to provide a new underwriting platform for land-based oil and gas lease operators. Products will be initially offered from Worldwide’s Houston office, which …

ProSight Specialty Expands Energy Market Coverage with Three New Programs

ProSight Specialty Insurance is expanding its reach in the energy market with the launch of three new insurance programs designed for the business needs and exposures of solar energy contractors, propane and fuel dealers, and oil and gas contractors. The …

Ironshore Increases Capacity to $25 Million for Energy Risks

Ironshore Energy Property has increased capacity to $25 million for energy risks throughout its global platform. This increase in capacity is available across all classes within the energy sector, including refineries, petrochemical plants, chemical plants, gas plants, pipelines, terminals, mining …

Ironshore’s U.S. Energy Unit Launches Endorsements for Upstream Risks

The Energy Unit of Ironshore’s U.S. Specialty Casualty unitis now offering enhanced insurance coverage endorsements for upstream energy risks as part of its ExcessProtect Plus Energy Commercial Excess Liability policy. The suite of endorsements provides insurance coverage for energy risks …

Insurance Program Provider Energi Opens New Office in Irving, Texas

Energi, a provider of risk management and insurance programs for the energy industry, has opened a new satellite office in Irving, Texas. The new office is located in The Towers at Williams Square. Energi also plans to open an additional …

Schinnerer Launches Energy Program on Admitted Basis in Eight States

Underwriting manager Victor O. Schinnerer & Co. is now offering its energy program on an admitted basis in Texas, Alabama, Arkansas, Colorado, Minnesota, New Mexico, Oklahoma, and Tennessee. The program provides a suite of property and casualty (P&C) coverage for …

Florida Industry Presses Progress Energy on Nuclear Reactor Insurance Claim

Lawyers for industrial consumers are questioning Progress Energy Florida’s approach to calculating how much insurance money the utility can expect in 2013 to help pay for power to replace output from a crippled nuclear reactor. State regulators didn’t immediately resolve …