Berkshire Hathaway Specialty Insurance adds pollution coverageReprints
Berkshire Hathaway Specialty Insurance, a unit of Berkshire Hathaway Inc., has expanded its U.S. casualty liability products to include pollution coverage.
In a move to enter the environmental insurance market, the Boston-based insurer now offers pollution coverage on general casualty forms on a primary and excess basis, with capacity of up to $25 million, Berkshire Hathaway Specialty Insurance said Tuesday in a statement.
Boston-based Chuck Hasselback has been named to head the firm's environmental group. Most recently, Mr. Hasselback was product development manager for Lexington Insurance Co., a subsidiary of American International Group Inc.
“Chuck's extensive experience enables BHSI to set an optimal course for our operations as we move into the U.S. environmental insurance market,” Meredith Bullock, vice president of casualty, said in the statement.