3 Reasons Why Public Power Utilities Purchase Excess Casualty Insurance
Public power utilities may want to evaluate the financial protection provided by excess casualty or umbrella insurance policies. When evaluating insurance coverage options, public power utilities should consider three key items.
Wortham Power Gen Insurance Property & Cyber Liability, Voluntary Employee Benefits
Wortham Power Gen Insurance, members of the American Public Power Association are securing group purchasing premiums that are averaging 20 to 40% lower in the first year than those available to utilities purchasing individually.
New Employee Benefits Program for Public Power Employers –
Enrollment Open Until 12/31/17
Your employees are now eligible to enroll in the Hometown Connections Voluntary Benefits Program. Employees can individually choose the products they want.
Joint Action Agencies Secure Better Insurance Coverage and Pricing Available Exclusively to Members of American Public Power Association
Public power joint action agencies are working with Wortham’s industry experts to secure insurance coverage and pricing suited to their specific needs.
Hometown Connections offers three lines of cyber defense
Today, all organizations must focus on building comprehensive cybersecurity programs. Hometown Connections, the utility services subsidiary of the American Public Power Association, provides public power with three lines of defense against cyber threats: threat monitoring by N-Dimension Solutions, program development by AESI, and liability insurance by Wortham Power Gen Insurance.
2017 Wortham Market Update Report
The overcapacity and soft market conditions will continue in most lines of coverage enabling assureds to reduce their total cost of risk. the market will start reaching the bottom of the soft market cycle in 2017 and the pace of rate reductions will slow down.
Hometown Connections & Wortham Power Gen Insurance Announce Property Insurance Savings for Public Power
Hometown Connections and Wortham Power Gen Insurance have added the brokerage firm’s Assurance for Regulated Utilities (ARGUS) property insurance program to their national public power insurance marketing program.
Fines for Low Impact Assets–NERC April 2017 Deadline
NERC has been empowered to establish and enforce mandatory Reliability Standards in the United States, Canada, and a portion of Mexico to assure the reliability of the bulk electric system (BES).
Hometown Connections Beefs Up Cybersecurity Education Portfolio for Public Power Speakers Bureau
Hometown Connections staff and vendor partners deliver educational presentations at public power events across the U.S., focusing on best practices for public power utility management.
Free Cyber Risk Evaluation Tool Available to Public Power
To enhance their Public Power Cyber Liability & Privacy Insurance Program, Hometown Connections and Wortham Power Gen Insurance announced the availability of a Cyber Risk Evaluation Tool. This survey and follow-up report are offered at no cost to members of the American Public Power Association (APPA).
N-Dimension and Wortham Power Gen Insurance Partner to Offer Cyber Intrusion Protection with Insurance Backup for Utilities
N-Dimension Solutions, a market leading Managed Security Service Provider (MSSP) for utilities, and Wortham Power Gen Insurance, a leading power utility insurance broker, announced today they have teamed together to offer customers a unique, cost effective solution that helps reduce the risk and financial burden associated with cyber breaches.
Adding Liability Insurance Coverage to the Utility Cybersecurity Arsenal
This is the fourth in a series of four webinars focused on cyber and physical security topics. Cyber and physical security threats pose an emerging risk in the electric utility world and attacks such as the one carried out on multiple electric utilities in the Ukraine turn this risk into a reality for utility operators around the world.
APPA Public Power Cyber Liability Program
Developed by Hometown Connections and Wortham Power Gen Insurance, the Public Power Cyber Liability & Privacy Insurance Program offers APPA members access to innovative risk assurance options and savings. APPA members may purchase data breach protection coverage designed specifically for public power utilities and take advantage of nationally negotiated group rates and terms.