Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
RLI Launches Online Fiduciary Liability Program
Nov 2 2000 // RLI Insurance Co. has unveiled an Internet-based fiduciary liability program called eFiduciary. The program allows producers to obtain a premium indication within 60 seconds, then bind and print policies. The program is...
Countrywide Insurance Services Launches Online Insurance Marketplace
Oct 25 2000 // Countrywide Insurance Services, a principal subsidiary of Countrywide Credit Industries, has launched an online insurance marketplace, www.cwinsurance.com. Web users can now purchase homeowners and home protection plans...
Progressive Announces Changes to Personal Auto Programs
Oct 12 2000 // Progressive announced that effective Nov. 11, 2000, the company will make changes to its personal auto programs in both Progressive West and Progressive Marathon. These actions, which are being taken in response to...
SCOR Business Solutions Launched in Paris
Oct 6 2000 // SCOR Group announced the formation of its new division, SCOR Business Solutions, to a group of over 100 risk managers, brokers and insurers in Paris on Wednesday. The new unit will specialize in handling large corporate...
Vesta To Enter Banking, Non-Standard Auto Market
Sep 26 2000 // Vesta Insurance Group plans to enter into the banking and non-standard auto markets as part of a strategy to increase profits. The Alabama-based company made the announcement at a recent meeting of the Alabama Securities...
Insurscape.com Launches Web-Based Workers’ Comp Underwriting Facility; Looking for Additional Agents
Sep 25 2000 // Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com...
Jersey Shore State Bank Announces Agreement to Acquire Securities Brokerage, Insurance Business
Sep 6 2000 // Jersey Shore State Bank entered into a definitive agreement to acquire the businesses of Paul R. Mamolen, CLU, and The M Group, Inc. The combined businesses will be operated under a bank subsidiary, The M Group, Inc. doing...
CDMS Unveils Digital Marketing Product Solutions
Aug 17 2000 // Eugene, Ore.-based Consolidated Document Management Services (CDMS) announced its partnership with Eugene Print to provide digital marketing and print service solutions to the insurance and financial services industry...
Ensera Launches ‘Behind-the-Scenes’ System for the Collision Repair Marketplace
Aug 16 2000 // Anthony Aquila, founder and CEO of Redwood Shores, Calif.-headquartered Ensera Inc. announced that the company is in the process of establishing itself as the leading provider of automating the repair claims...
Ace Global Markets, Hammond Suddards & Edge Launch Claims Service
Aug 8 2000 // ACE Global Markets, a subsidiary of ACE Ltd. and one of the largest providers of insurance capacity at Lloyd’s, and Hammond Suddards & Edge, the UK’s seventh largest commercial law firm, have launched a...
Echostar Launches Lawsuit Against Insurance Companies; Alleges Conspiracy to Deny Coverage
Aug 3 2000 // EchoStar Communications Corp. can’t find satellite insurance. And the Littleton-based company doesn’t think it’s purely a coincidence. EchoStar filed suit in U.S. District Court in Denver Monday, claiming...
MetLife Auto Home Unveils New Advertising Campaign
Aug 3 2000 // MetLife Auto & Home began airing a new television and radio advertising campaign featuring Snoopy to build awareness that “all auto insurers are not the same” and to promote its Coverage Plus and...
YouZoom Launches Homeowners Product Line
Aug 1 2000 // Aug. 1, 2000 12:35 p.m. CDT YouZoom.com Inc., an affiliate of Arrowhead General Insurance Agency Inc., has expanded its product line to include homeowners insurance, including renters and condominium coverage. Consumers...
Gov. Pataki Announces Workers’ Comp. Rate Reduction
Jul 18 2000 // New York Gov. George E. Pataki has said workers’ compensation rates will be reduced this year by an average of 2.5 percent. The reduction, combined with rate decreases achieved in the past five years, represents an...
Kemper Casualty Launches Excess Property Operation
Jul 18 2000 // Kemper Casualty Company has launched an excess property insurance facility providing up to $50 million in capacity to domestic and U.S.-based multi-national, energy, industrial and commercial large risk customers. The...
CSG Announces Sale, Refocuses Core Business
Jul 10 2000 // A definitive purchase agreement has been signed for the acquisition of Columbus, Ohio-based Century Surety Group (CSG) for $31 million, to a consortium of financial entities led by CSG management. The transaction is...
CoverageCorp, All-Biz.com Enter Co-branding Agreement
Jul 7 2000 // Access CoverageCorp, an Internet provider of business insurance for small and medium-sized companies, and All-Biz.com, an online resource center for small businesses and entrepreneurs, have signed a co-branding agreement...
HSBC Launches Internet Insurance Site for U.K. Small Business Community
Jun 11 2000 // London based Hong Kong and Shanghai Bank Corp. (HSBC) announced the launch of an interactive commercial insurance service for the U.K.’s small business community. Initially the service will offer commercial property...
Bankers Enters California Homeowners Market
Jun 8 2000 // Florida-based Bankers Insurance Company was recently approved to write homeowners policies in California. Doing business in the Golden State is nothing new for Bankers. As the country’s second largest flood carrier...
AIG Unit Launches U.K. Health Care Coverage
Jun 7 2000 // New Hampshire Insurance Co., a member of the AIG Group, announced that it would begin offering health care coverage in the U.K. for non-emergency medical procedures under a plan named “Healthnow.” The name is...
