high net worth News

High Net Worth Insurer Expands into Indiana

Crestbrook Insurance Co., an affluent market personal lines offering from Nationwide, announced its expansion into Indiana. Crestbrook offers insurance products through appointed agents and brokers that address the unique coverage needs for home, auto, collections, personal excess liability, secondary residences …

XL Group Specialty Businesses Team Up in Luxury Lines Initiative

XL Group’s Specialty insurance businesses in North America are teaming up in a new Luxury Lines initiative, collaboratively extending their equine, aviation, yacht, fine art, and kidnap, ransom & extortion coverages to protect high net worth private customers and their …

Fireman’s Fund Enhances High Net Worth Art Collection Coverage

Fireman’s Fund Insurance Company announced the new death of an artist loss settlement provisions, as well as the introduction of 7 other coverages to additional states as part of their Prestige Collections Coverage. The following states are offering this: AL,AZ,CO,DC,FL,GA,IN,KS,KY,LA,MO,MS,NE,NV,NH,NJ,NM,NY,OH,OK,PA,SC,TN,UT,WA,WI …

Wealthy Families Have ‘Blind Spot’ When Protecting Tangible Assets

Tangible assets, such as fine art, wine, jewelry, antiques, sports memorabilia, classic cars and other valuables, have finally been recognized as an asset class in their own right. Yet high net worth individuals have too often neglected to manage and …