Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
ProLawyer Insurance, LLC Announces MGA Appointment for an Admitted Lawyers Professional Liability Product in DE, MD & PA
Oct 16 2006 // Newtown, PA – ProLawyer Insurance, LLC is pleased to announce their Managing General Agent appointment with an A.M. Best “A” (Excellent) rated carrier for Lawyers Professional Liability in Delaware,...
Direct Seller 21st Century Enters N.J. Auto Market
Oct 12 2006 // 21st Century Insurance Group, one of the pioneers of selling insurance direct to consumers, today began offering private passenger automobile insurance to drivers in New Jersey. The company becomes the seventh auto writer...
ICT Announces Line Up for Workers’ Compensation Seminars
Oct 10 2006 // The Insurance Council of Texas is hosting workers’ compensation seminars on Nov. 7 and Nov. 15 that focus and provide training on the new rules adopted by the Division of Workers’ Compensation to implement...
COUNTRYWIDE LAUNCHES AUTO PRODUCT IN ARIZONA
Oct 9 2006 // Countrywide Financial Corp. has announced that Countrywide Insurance Group’s auto insurance product is now available to consumers in Arizona. Quotes can be obtained by calling a licensed auto insurance agent at...
Countrywide launches auto product in Arizona
Oct 9 2006 // Countrywide Financial Corp. has announced that Countrywide Insurance Group’s auto insurance product is now available to consumers in Arizona. Quotes can be obtained by calling a licensed auto insurance agent at...
PSIC Launches Homeowners Market in Arizona
Oct 4 2006 // Property and casualty insurer Pacific Specialty Insurance Co., Menlo Park, Calif., is launching a new homeowners program in Arizona. Homeowners (HO-3), renters (HO-4) and unit-owners (HO-6) policies will now be offered,...
IAG enters UK Market with Purchase of Hastings and Advantage
Sep 29 2006 // Insurance Australia Group Limited (IAG) has acquired the U.K.-based broker Hastings Insurance Services Limited, the UK’s fifth largest motor insurance broker trading under the names of Hastings Direct and Peoples...
Texas Announces Workers’ Comp Discount and Interest Rates for Q4
Sep 27 2006 // The Texas Department of Insurance Division of Workers’ Compensation announced it has determined that any interest or discount provided for in the Texas Workers’ Compensation Act shall be at the rate of 8.53...
Wolf Professional Risk Enters Professional Liability Market
Sep 21 2006 // Tampa, Fla.-based Wolf Professional Risk Inc., a wholesale brokerage firm, will begin offering services within the professional liability marketplace. The firm will initially focus on products that provide coverage for...
Hiscox USA Launches Terrorism Insurance Coverage
Sep 14 2006 // Armonk, N.Y.-based Hiscox USA, the U.S. subsidiary of Hiscox plc, will begin providing terrorism insurance in the United States. “Hiscox has over 25 years of experience in terrorism insurance and we are a global...
Oxygen Re Enters Market
Sep 12 2006 // Oxygen Insurance Brokers, the Lloyd’s accredited broking operation of the London market insurance intermediary, announced the launch of Oxygen Re, to provide “all types of non-marine, marine and aviation treaty...
Berkley Launches Specialty Division for Environmental Contractors
Sep 12 2006 // W. R. Berkley Corporation announced that Berkley Specialty Underwriting Managers LLC has formed a new division that will offer specialty insurance products for environmental contractors, consultants and site specific...
Progressive to Enter Mass. Auto Market– Commercial Lines
Sep 11 2006 // Massachusetts is about to get a new auto carrier—for commercial, not personal, lines. Progressive Insurance is awaiting approval of rate and form filings from the Massachusetts Division of Insurance in preparation for...
Beazley Launches Lloyd’s Facility for U.S. Commercial Property Cat Risks
Sep 6 2006 // The London-based Beazley Group plc, a leading Lloyd’s insurer, has created a facility in the Lloyd’s market for catastrophe – exposed U.S. commercial property risks. Beazley said its “Quincat...
AIG Launches New Service to Facilitate Purchase of Global D&O Coverage
Sep 5 2006 // The AIG Companies have introduced AIG Passport, an enhanced service process for corporate clients purchasing locally admitted directors and officers liability insurance to cover their international operations and...
Wellington Launches U.S. Marine Reinsurance Business
Aug 30 2006 // Wellington Underwriting Inc. (WU Inc.), the wholly owned US underwriting agency of U.K.-based Lloyd’s and general insurer Wellington Underwriting plc (Wellington), has launched a new marine reinsurance business for...
FARA Launches Property Services Division for Non-Catastrophe Claims
Aug 27 2006 // Mandeville, La.-based FARA announced the creation of its latest division, FARA Property Services. The company’s newest operation will manage non-catastrophe claims in connection with FARA Catastrophe Services Inc....
London American Risk Specialists Announces CareSurance™ Liability Program
Aug 24 2006 // Houston, Texas – London American Risk Specialists, Inc is pleased to offer CareSurance™ , a new liability insurance program designed to meet the needs of Skilled, Assisted and Independent Long Term Care (LTC)...
Safeco Launches Instant Auto Endorsement Processing
Aug 18 2006 // Seattle-based Safeco has introduced online technology that allows independent agents to make instant changes to clients’ commercial auto policies. The real-time capability cuts a one-week process into a two-minute...
Houston General Enters South Carolina Personal Lines Market
Aug 11 2006 // South Carolina drivers and homeowners have new options for insuring their vehicles, homes and belongings. Houston General Insurance Exchange announced that it is offering auto, homeowners and package insurance to consumers...