real estate News

General Star’s Real Estate Appraiser E&O Program Now Available in N.Y.

General Star Management professional liability coverage for real estate appraisers has been approved and is now available in New York on an admitted basis. Underwritten by General Star’s Professional E&O Division, coverage is provided by General Star National Insurance Co. …

Reliance Global Group Launches Mutli-Family Real Estate Product

Reliance Global Group, a subsidiary of Montvale, N.J.-based Empire Insurance Holdings, LLC has launched UniSurance, a new specialty insurance product for the multi-family real estate sector. This program is being offered in response to growing demand from the real estate …

XL Enhances Real Estate Portfolio Protection

XL Group’s insurance segment has launched enhanced pollution protection for real estate portfolios. The product will be available through the segment’s environmental team. The new product is aimed toward portfolio property owners and managers, developer and redevelopers, and real estate …

ACE Launches New Coverage for Hospitality, Real Estate Industries

ACE USA, the U.S.-based retail operations of the ACE Group, has introduced endorsements for its ACE Umbrella policies, which are designed to address risks faced by the hospitality and real estate industries. Two new endorsements complement the ACE Umbrella Plus …

MOC Insurance Services Combines with San Francisco Insurance Center

San Francisco Insurance Center has joined MOC Insurance Services, the two Northern California firms announced on Thursday. Van Maroevich, president and CEO of San Francisco-based MOC Insurance Services, and Fred S. Nagle, III, president of San Francisco Insurance Center, said …

Zurich to Offer Contract Litigation Insurance for Real Estate Firms

Zurich, a provider of property and casualty insurance in North America and globally, now offers Contract Litigation Insurance (CLI). According to the Bureau of Justice Statistics, the most common form of civil litigation in the U.S. is contract litigation. Further, …

Schinnerer Adds Enhancements to Real Estate E&O Policy

Coverage for open houses, mold, network risks and privacy claims are now part of Victor O. Schinnerer & Company’s real estate E&O policy. Schinnerer includes the three new coverages at no additional premium. Open house coverage applies to property damage …

Pearl Insurance Enhances Real Estate E&O Coverage

Pearl Insurance has introduced a new errors and omissions policy for real estate professionals. The REALTORS professional liability policy includes a mold endorsement with increased limits, subpoena assistance, free three-year extended reporting period, loss mitigation credit (exclusive to Pearl Insurance), …

Markel Programs, Burns & Wilcox Partner to Offer Real Estate E&O Program

Markel has partnered with Burns & Wilcox to offer a Real Estate Errors & Omissions program to a range of residential and commercial real estate industry accounts. This Markel Programs/Burns & Wilcox product offers features and coverages such as open …

Navigators Expands Professional Liability Division

The Navigators Group, Inc.’s principal underwriting subsidiary, Navigators Management Co., Inc., has expanded its professional liability capabilities by partnering with the Herbert H. Landy Insurance Agency to provide errors & omissions insurance to real estate agents, brokers and appraisers. These …