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New Empire Group Ltd. on Wednesday said it has launched a commercial excess liability program for real estate.
The program offers limit umbrella and excess programs ranging from $1 million up to $100 million for real estate, including condo associations, apartments, cooperatives, homeowners associations, senior housing, commercial buildings, and industrial buildings, Long Beach, New York-based New Empire Group said in statement.
The coverage protects against losses from bodily injury, property damage, personal injury and advertising injury losses when no underlying insurance applies, New Empire said.
Marsh L.L.C. said Tuesday that it has launched Marsh IO+, an excess casualty solution.