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Safe Harbor Pollution Insurance News

20 Jan 2016

Safe Harbor Pollution Insurance Broadens In-house Capacity

Safe Harbor Pollution Insurance broadens panel of security, increases marine pollution capacity    Vessel pollution liability insurance company Safe Harbor Pollution Insurance announced it has expanded its carrier partnerships to include Berkshire Hathaway Specialty Insurance Company (BHSI) and Argonaut Insurance Company.   With this expanded panel, Safe Harbor said it has more than tripled its in-house capacity. BHSI, which carries a financial strength rating of A++ from AM Best, and Argonaut, rated A by AM Best, join A rated Starr Indemnity & Liability Company on the Safe Harbor panel.   Safe Harbor Pollution Insurance is a member of the Falvey Insurance Group, a MGA group specializing in cargo, yacht and marine pollution.

30 Jan 2014

Court Denies WQIS Motion for Injunction

A New York State Supreme Court Judge has ruled against WQIS in a dispute involving the marine pollution insurance arena. According to Safe Harbor, this is the second ruling against WQIS in its attempt to prevent start-up Safe Harbor Pollution Insurance from entering the insurance space where WQIS has been the dominant market for the past 40 years. In a prepared statement, Safe Harbor President Michael Falvey stated, "We are pleased with the decision, and that the Court saw WQIS's 'evidence' for what it was—insufficient." Russell Brown, Principal of Safe Harbor, also in a prepared stattement, added that he was pleased with the Court's ruling and is looking forward to building the finest marine pollution insurance company without the threat of continual legal issues.

18 Dec 2013

Safe Harbor Unveils Online Broker Portal

In the first phase of a new website rollout, Safe Harbor Pollution Insurance (SHPI) delivers the ultimate in electronic convenience with its My Harbor broker portal. This industry-leading platform enables real-time policy and claim access, empowering brokers to better service customers. Brokers enter the personalized gateway by registering at www.safeharborpollution.com/myharbor. The unique portal grants instant access to all quotes and policies, as well as the ability to view claims and print loss runs. Brokers can also make non-rated changes through My Harbor. "Real-time information management and the ability to complete any insurance transaction with speed and ease are defining differences in SHPI services.

19 Apr 2013

Falvey Announces New Pollution Insurance Division

Falvey Insurance Group has formed a new division, Safe Harbor Pollution Insurance. Offering some of the broadest terms available in the commercial market, Safe Harbor's Global Vessel Pollution Policy provides comprehensive protection for any vessel, owner or operator. Veteran insurance professionals Russ Brown, Tony Gerone and Sean Quinn bring over 35 years of experience in underwriting marine pollution coverage to the new Long Island-based company. "The establishment of Safe Harbor Pollution Insurance Company represents the realization of our longstanding vision to offer an unparalleled level of service to our marketplace," said principal Russ Brown.