by Brittany Bennion | May 16, 2023 | Uncategorized
As a provider of insurance for small to medium hydroelectric power plants, we understand that choosing the right insurance policy can be a daunting task. Hydroelectric power is a complex and highly regulated industry, and insurance coverage must be tailored to meet...
by Brittany Bennion | Oct 29, 2019 | Uncategorized
To report a loss or not report a loss. That is the question. We are often asked by clients if they should report a property or boiler and machinery loss even though they think the cost of repair is below the insurance deductible. Some of our clients are fearful that...
by Brittany Bennion | Mar 25, 2019 | Uncategorized
We see a number of trends coming from both the insurance company and our clients. Insurance underwriters are asking more questions. We call this insurance ping pong. At renewal the insurance companies are asking very direct and specific questions about our client’s...
by Brittany Bennion | Feb 21, 2019 | Uncategorized
For the most part, hydroelectric plants carry several different types of insurance. Commercial General Liability, Commercial Property, Boiler and Machinery Breakdown, Workers Compensation and Flood are typical coverages for most operations. All Hydro plants should...
by Brittany Bennion | Feb 5, 2019 | Uncategorized
We are occasionally asked by some of our clients if they have to report the total value of their commercial property. We always advise our clients to yes, report your valued property at 100% replacement cost value. You must report to the insurance company what the...
by Brittany Bennion | Jun 2, 2015 | Uncategorized
Do you have a geothermal generating facility? We have contacts with the best sources for all types of geothermal-related insurance coverage. Understanding that fire insurance for geothermal powerplants is expensive and difficult to find. Property coverage protects you...
