Zurich has a new hurricane deductible buy-back program. Everest Insurance expanded its workers compensation capabilities for the marine industry.


Zurich has launched Cat4Home, a new hurricane deductible buy-back program through Vertus Insurance Partners.

Cat4Home is a supplemental insurance policy available to residential homeowners in Florida and covers 100 percent of the hurricane deductible, generally seen as 1 percent to 5 percent of the value of their home. In many cases, homeowners are unaware that they have a hurricane deductible and are often not prepared financially to cover this first-dollar responsibility of their homeowner policy deductible.

Cat4Home is available in Florida on homes valued up to $5 million and hurricane deductibles from $1,000 to $100,000. For example, a homeowner with a home valued at $500,000 and a 5 percent hurricane deductible would need to pay out of pocket $25,000 for the hurricane deductible when filing a claim following a category 1-5 storm.

Vertus Insurance Partners is headquartered in Jacksonville, Fla.


Everest Insurance joined with All Risks, Ltd. to expand its workers compensation capabilities for the marine industry.

Through this program, brokers will have access to workers compensation, United States Longshore & Harbor Workers (USL&H) and marine employers liability (MEL) on one policy in 46 states.

Everest has partnered with All Risks’ program business for more than 15 years.

Everest Insurance markets property, casualty, specialty and other lines of admitted and non‐admitted direct insurance on behalf of Everest Re Group, Ltd., and its affiliated companies.

All Risks, Ltd. is an independent insurance wholesaler serving retail insurance agents and brokers nationwide.

Sources: Zurich, Everest Insurance

Topics Catastrophe Workers' Compensation Hurricane Homeowners