Berkshire Hathaway GUARD Insurance Companies recently announced it added Indiana, Kansas, Kentucky, Nevada, and Oregon to the list of states where the insurer offers its Homeowners product. GUARD's product targets dwellings valued over $75,000 and includes one- to four-family residences, renters, and condos "As we continue to expand our portfolio, our goal is to be the preferred insurance carrier our agents turn to for their insureds,"…
Read MoreBerkshire Hathaway GUARD Insurance Companies recently announced a partnership with Guardian™ by Elexa to provide smart leak prevention systems to the insurer's Homeowners policyholders. The average cost of water damage claims in 2017 was about $10,000 according to a 2019 report from Verisk Analytics’ ISO unit. Berkshire Hathaway GUARD, "We know protecting your assets is critical. That's why we have partnered with…
Read MoreBerkshire Hathaway GUARD Insurance Companies recently announced it has expanded the list of states the company offers its Architects and Engineers Professional Liability product to include Colorado, Kansas, and Wisconsin. With these three states, the company now offers this line in half the United States. An unintended error or omission while performing the job could have serious consequences for a business. Due to perceived – or…
Read MoreBerkshire Hathaway GUARD's Vice President of Programs and Professional Liability Joseph Lincks recently gave his thoughts to Rough Notes regarding how agents can help clients manage risk during these unusual times. Lincks said, “[Agents] should encourage their clients to use available value-added risk management services to help navigate these unprecedented times.” For more from Lincks and other insurance industry experts…
Read MoreUSAA Group direct premiums written rose 10.8% from the prior year, propelling it past Liberty Mutual Insurance Cos. to become the third-largest homeowners writer in the United States in 2019, according to the AM Best ranking of the top 100 U.S. homeowners writers Berkshire Hathaway Insurance Group, which for years shunned the line, saw its homeowners business jump 74 spots…
Read MoreBerkshire Hathaway GUARD Insurance Companies recently announced it continued its expansion of the company's Professional Liability products, which include coverage for Lawyers, Architects and Engineers, Accountants, and nearly 100 more classes of business. Most recently, the company has added Professional Liability for Lawyers in Alabama and New Mexico, for Accountants in Arizona and Illinois, and for Architects and Engineers in Missouri. In…
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