Exciting changes are happening with the Joseph Chiarello & Co., Inc., Firearms Business Insurance Program!!
New Carrier Partner – Berkshire Hathaway Specialty Insurance (BHSI).
Berkshire Hathaway Specialty Insurance is a strong and trusted insurance partner. BHSI underwrites on the paper of Berkshire Hathaway’s National Indemnity group of insurance companies. Berkshire Hathaway’s National Indemnity group of insurance companies hold financial strength ratings of A++ from AM Best and AA+ from Standard 8 Poor’s, with $368.2 billion in total admitted assets and $223.5 billion in policyholder surplus.
Your Granite State Insurance policy will be non-renewed as of the policy expiration date. This non-renewal is not the result of Granite State Insurance rejecting your client as an insured. This policy is being non-renewed because we have decided to partner with BHSI. Accordingly, as required by insurance laws and/or regulations, Notice of Non-renewal is attached. Your coverage will be renewed with BHSI. There will be no lapse in coverage.
There will be no other changes to the renewal or claims handling processes.
Our team is committed to delivering the same quality service that we have been providing the firearms industry for more than 40+ years. You can be confident that the insurance coverage, service, and benefits that your clients have received from Joseph Chiarello & Co., Inc. will continue with our new Program insurer – BHSI.
Thank you for your continued loyalty to our Program. We look forward to working with you.
Joseph Chiarello & Co., Inc.