Fireman's Fund Insurance Co., the first property and casualty insurance company to offer green insurance to the U.S. commercial marketplace, has expanded its commercial green insurance appetite to include alternative energy equipment.

"A growing number of our policyholders are installing solar panels, fuel cells and wind turbines on their premises and because these items have unique insurance needs Fireman's Fund is introducing comprehensive coverage tailored for the risks of alternative energy equipment," said Stephen Bushnell, senior director of emerging industries at Fireman's Fund. "We are interested in solar power providers who lease or create power purchase agreements for solar photovoltaic systems."

Alternative energy equipment that Fireman's Fund will insure include solar photovoltaic panels, fuel cells, wind turbines and ground source heat pumps.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.