Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
K&K Insurance Offers Market for Entertainers, Performers
May 16 2006 // Fort Wayne, Ind.-based K&K Insurance Group Inc. has launched a new insurance program designed specifically for entertainers and performers who work on an independent contractor basis at fairs, festivals, special...
ACE European Launches New U.K. Corporate Travel Coverage
May 11 2006 // ACE European Group announced the launch of businessclass premier, described as “a new package of bespoke accident, health and travel insurance, services and risk consultancy, specifically for large corporate...
Guy Carpenter Launches London Market Electronic Claims File Process
May 3 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that it is formally launching its Electronic Claims File (ECF) initiative for reinsurers in...
Republic Launches HO- 3 Homeowners Product in Texas
Apr 24 2006 // The Republic Group, based in Dallas, has introduced a new Homeowners Form 3 product for Texas homeowners. “We are pleased to announce the introduction of our HO-3 product”, stated Parker Rush, Republic’s...
St. Paul Travelers Launches Coverage for Foreign Exposures
Apr 24 2006 // Minnesota-based St. Paul Travelers has announced it has expanded its ability to provide worldwide commercial property coverage for companies with international operations. A new initiative between St. Paul Travelers’...
Marsh Offering Entertainment Industry Coverage through Lloyd’s
Apr 19 2006 // A note on the Lloyd’s Website (www.lloyds.com) describes a new initiative from global broker Marsh, which offers a “new range of products covering celebrities and those working behind the scenes in TV, film,...
Texas Mutual Launches Workers’ Comp Health Care Network
Mar 31 2006 // Texas Mutual Insurance Company announced that the Texas Department of Insurance certified its Texas Star Network option on March 29, 2006. The company will begin offering the network option to eligible workers’...
The Hanover Launches Highly-Segmented Connections Auto in Conn.
Mar 29 2006 // The Hanover Insurance Group announced the Connecticut launch of Connections Auto, a state-of-the-art, multi-variate auto product with nearly limitless customer segmentation capabilities. Connections Auto is now available...
The Hanover Launches Connections Auto in La.
Mar 28 2006 // The Hanover Insurance Group, headquartered in Worcester, Mass., announced the Louisiana launch of Connections Auto, which expands the auto product into ten states: Louisiana, Connecticut, Florida, Illinois, Indiana, Maine,...
GE Insurance Solutions Unveils New Product for Business Hotels
Mar 27 2006 // Kansas City-based GE Insurance Solutions has unveiled a new primary insurance product designed for specific segments of the hotel industry. Offered through Klein Insurance Services of West Paterson, N.J., and available...
Cat Commercial Product Launched in Southeast States
Mar 20 2006 // In response to unmet capacity needs created by the devastating natural disasters of 2005, International Catastrophe Insurance Managers, LLC (ICAT), and National Fire and Marine Insurance Company (Berkshire Hathaway Group)...
XL Re Life Enters the U.S. Life Reinsurance Market
Mar 17 2006 // XL Re Life has acquired Servus Life Insurance Company, expanding its U.S. life reinsurance market. Servus Life will be renamed XL Re Life America Inc. following state regulatory approvals. XL Re Life America Inc. will...
ICAT, National Fire and Marine Launch New Catastrophe Product
Mar 16 2006 // In response to unmet capacity needs created by the devastating natural disasters of 2005, International Catastrophe Insurance Managers, LLC (ICAT), and National Fire and Marine Insurance Company (Berkshire Hathaway Group)...
Meadowbrook Enters Nev. Self-Insured Workers’ Comp Market
Mar 9 2006 // Meadowbrook Insurance Group Inc. has hired the team of insurance professionals from Nevada CompFirst Inc. and Med West Inc. of Nevada to strengthen its presence in Nevada’s self-insured workers’ compensation...
Hannover Re Reorganizing U.S. Business with Praetorian Launch; S&P Ratings and Comments
Mar 8 2006 // Germany’s Hannover Re has announced a fundamental restructuring its U.S. primary insurance business. “All specialty business – henceforth the strategic focus – is to be transferred to the newly...
Freberg Environmental Launches Excess Auto Liability Program
Mar 7 2006 // Environmental Insurance Program Manager, Freberg Environmental, Inc. (FEI) has launched an excess automobile liability program with an A.M. Best rated “A VIII” domestic insurance company. The excess auto...
OneBeacon Launches Online Marine Cargo Insurance Service
Mar 2 2006 // The Boston-based OneBeacon Insurance Group announced that its ocean marine division — International Marine Underwriters (IMU) — has launched a new Web-based cargo insurance service platform:...
Guy Carpenter and MMC Securities Unveil Review of CAT Bond Market
Feb 27 2006 // Guy Carpenter & Company Inc. and MMC Securities Corp., an affiliate of Guy Carpenter, reported the publication of The Catastrophe Bond Market at Year-End 2005: Ripple Effects from Record Storms, their fourth annual...
Beazley Unveils Wage and Hour Coverage as Extension to EPL
Feb 15 2006 // Specialty lines insurer Beazley reported the availability of coverage for wage and hour claims as an extension of its employment practices liability (EPL) coverage. The wage and hour coverage is available and separately...
Al RiskSM Unveils Special Events Liability Insurance with AD&D Coverage
Feb 14 2006 // The AI RiskSM Specialist Insurance Inc., a member company of American International Group, Inc. (AIG), has introduced a Special Events Liability Insurance Program that provides both general liability and accidental death...