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Berkshire specialty unit offers commercial output policy for inland marine

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Berkshire Hathaway Specialty Insurance Co. on Monday said it has launched a commercial output policy to round out its U.S. inland marine offering.

The policy targets the logistics/transportation/trucking industry, contractors, and equipment dealers, BHSI said in a statement, combining the company’s new admitted property insurance policy with its inland marine coverages. The policy responds to property risks in conjunction with motor truck cargo, warehouse legal liability, contractor’s equipment, installation and builder’s risk exposures.

“We are pleased to bring to market a single solution for inland marine and property exposures, backed by BHSI’s financial strength and responsive service,” Boston-based Steve Silverman, vice president of inland marine for BHSI, said in the statement.