Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Lloyd’s Unveils 360 Project’s Latest Target: the ‘Liability Challenge’
May 15 2008 // “Businesses could be facing a future liability crisis if they do not face up to growing litigation issues,” Lloyd’s warns in its latest report -“‘Directors in the Dock – is business...
Specialty Insurance Managers Announces Management Changes
May 15 2008 // Specialty Insurance Managers Inc. CEO Frank R. Berry and President Diana G. Berry are retiring. The Austin, Texas-based managing general agency chose to perpetuate by passing the leadership of the firm to Mike Berry,...
Progressive Begins Selling Mass. Auto Online; Casco Looks to Enter
May 1 2008 // Progressive Insurance begins selling personal auto insurance online in Massachusetts today. Meanwhile, Casco Indemnity, which writes auto insurance in the other New England states on behalf of several mutual fire insurers,...
Excess Workers’ Comp Program for Non-subscribers Launched in Texas
Apr 11 2008 // Safety National Casualty Corp., a Missouri-based provider of excess workers’ compensation insurance, has launched a new program for non-subscriber employers in Texas. This new program, TExcess, provides excess...
Texas Supreme Court to Rehear Entergy Workers’ Comp Case
Apr 7 2008 // The Texas Supreme Court has agreed to rehear a case from Jefferson County dealing with the scope of the state workers’ compensation law. The court has not yet set the date for new arguments but said April 5 it will...
U.S. Business Lobbyists Launch WTO Offensive
Apr 4 2008 // Business lobbyists from the United States will descend on the World Trade Organisation (WTO) in Geneva next week to push for favorable terms in a new trade deal, a source familiar with the visits said on Friday. The visits...
Liberty Mutual Launches Specialty Products Group
Apr 3 2008 // Liberty Mutual Agency Markets has announced a new product line and distribution channel for its newly-created Specialty Products Group, which has been formed by the consolidation of Liberty Mutual Surety, the former Ohio...
Procedures for Depopulating La. Citizens Property Ins. Corp. Unveiled
Apr 1 2008 // The Louisiana Department of Insurance has issued procedures for the first round of depopulation of Louisiana Citizens Property Insurance Corporation (LCPIC). The procedures were established at a meeting on March 14, 2008....
London American Risk Specialists, Inc Announces a New A.M. Best Rated A XV Admitted Market for Energy Contractors
Mar 31 2008 // March 31, 2008 – London American Risk Specialists, Inc an independently owned & operated surplus lines/ wholesale brokerage firm, headquartered in Houston, TX, announces a new A.M. Best Rated A XV admitted...
Non-stop Flooding in Arkansas Entering 3rd Week
Mar 31 2008 // Arkansas was spared widespread storms Saturday but remained waterlogged from non-stop flooding that began nearly two weeks ago. Storms hit isolated areas and residents along the White River in east Arkansas and the Black...
ACE Launches <em>DataGuard plus </em>for UK Business
Mar 20 2008 // The ACE European Group announced the launch of Dataguard plus, an insurance solution for UK businesses which fully reflects the diversity of risks associated with e-commerce and the Internet. ACE said the Dataguard plus...
Zurich Launches Global Industry Specialization Program
Mar 6 2008 // Zurich Financial Services Group has launched a new “Global Industry Specialization Program.” Zurich said its goal is to “better leverage its existing knowledge base and expertise in general insurance and...
Union General Announces Apartment Market
Mar 3 2008 // Union General has an “A+” rated carrier offering both monoline and package coverage for apartments. Multiple lines of coverage can be provided, including general liability, property, inland marine and crime on...
Darwin Pro Enters into Pact with Marketing Network ASPN
Feb 14 2008 // Farmington, Conn.-based Darwin Professional Underwriters, Inc. reports it has signed a marketing relationship with Agency Specialty Product Network Insurance Services, Inc. (ASPN). Under the arrangement, ASPN’s...
Gramercy Insurance Company Launches Trucking Liability Program
Feb 7 2008 // Gramercy Insurance Company (GIC), a global property and casualty insurer, announced the expansion of its Commercial Auto division with the addition of truck liability insurance. GIC now provides a single source solution...
Peerless Unveils New Commercial Product
Feb 5 2008 // Keene, N.H.-based Peerless Insurance has released a new commercial property and liability coverage designed to cover nearly 400 classes of business. Called Custom Protector, the coverage can be customized for small and...
ASI Lloyds to Enter Homeowners Marketplace in La.
Jan 30 2008 // ASI Lloyds (ASI), of St. Petersburg, Fla., announced plans to enter the personal property insurance market in Louisiana. ASI was recently a recipient of the Insure Louisiana Incentive program sponsored by the state. ASI...
Zurich Launches ‘Market-focused’ Climate Initiative
Jan 22 2008 // The Zurich Financial Services Group has launched a global initiative focused on the development of products and services addressing the evolving risks associated with climate change, as well as the establishment of a...
Keystone Mutual Enters Mo. Medical Malpractice Market
Jan 9 2008 // St. Louis, Mo.-based Keystone Mutual Insurance Co. recently announced that it is accepting applications from Missouri physicians for professional liability insurance upon being awarded a license Dec. 31 by the Missouri...
FBI Enters Insurance Business
Dec 23 2007 // Federal agents arrested and charged 11 New Jersey officials with taking bribes in exchange for giving public contracts to a fake insurance brokerage set up by investigators. The investigation netted five members of an...
