This week's update includes insurance industry news from Skyward Specialty Insurance Group, Duck Creek Technologies, SIAA and more. (Photo: Shutterstock)
Skyward Specialty Insurance Group, Inc. expanded its renewable energy solutions. Skyward Specialty's expanded renewable energy offering now includes casualty coverage options targeting various renewable energy classes, including solar, wind, hydroelectric, biomass, and geothermal, providing tailored solutions for businesses in these sectors.
Liberty Mutual Reinsurance and Safehub have partnered with the University of California to protect their campuses from the risk of earthquake damage. The partnership builds on the success of LM Re and Safehub's bespoke sensor-triggered policies which have previously been rolled out in Mexico and the Caribbean. The UC coverage is the first sensor-triggered parametric earthquake coverage to be purchased in the United States as LM Re and Safehub continue to expand their reach to offer the solution worldwide.
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