Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
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...
CHOICE Launches Workers’ Comp Physician Practice Analysis
Feb 9 2006 // CHOICE Medical Management Services, LLC has launched the first ever comprehensive workers’ compensation physician practice analysis. “This is the first provider analysis in the industry using data from the...
National Union Fire Launches Management Liability Package
Feb 7 2006 // National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group Inc., has launched ManagementRisk Protector (MRP), a package of management liability insurance coverages targeted...
Guy Carpenter Unveils Report on Jan. 1 Property Reinsurance Renewals
Jan 31 2006 // Guy Carpenter & Company Inc. reported the publication of Property Specialty Update – 1 January 2006 Renewal Season Overview, an in-depth report on the Jan. 1, 2006 property renewal season. The study, which...
Specialty Global Unveils Miscellaneous E&O Program with Everest
Jan 31 2006 // Specialty Global Insurance has launched its nationwide miscellaneous E&O program with Everest Indemnity Insurance Company, a member of the Everest Re Group Ltd. As Everest’s underwriting and claims manager for...
Specialty Global Unveils Travel Agents E&O Program
Jan 24 2006 // Specialty Global Insurance is launching a nationwide Travel Agents E&O program. The new program is designed for travel agents and tour operators with gross written receipts of $5,000,000 or more. Specialty Global...
Virginia Gov. Unveils Transportation Plan with Auto Insurance Fee Hike
Jan 23 2006 // Virginia Governor Timothy M. Kaine is proposing an increase in the state’s auto insurance premium fee and a hike in the auto sales and use tax as part of a broad multi–year transportation initiative. The $3.7...
RISC Launches New Commercial Auto Market in Okla.
Jan 16 2006 // RISC Inc. announced it is rolling out a new commercial auto market in Oklahoma. Coverage highlight include: –Service vehicles of all types –Waste disposal; salvage and recycling operations –Oil Lease...
DMI Launches E&S Division for Auto Dealers and Specialty Shops
Jan 16 2006 // Morgan Hill, Calif.-based DMI Insurance Services Inc., has created a wholesale division that will specialize in E&S markets for independent auto dealers and automotive specialty shops. Tina Evans, an insurance...
InsureMe Launches Marketing Blog
Jan 11 2006 // InsureMe, an Englewood, Colo.-based consumer-agent link for buying insurance online, has created a blog to help online marketers. The blog will help share tips, tools and news, the company says. Unlike a corporate Web...
Allstate Announces New Reinsurance Program for Property, Auto
Jan 11 2006 // Allstate Corp. recently announced a partially completed new reinsurance program for its countrywide personal lines property and auto insurance business. The Northbrook, Illinois-based insurer said it has placed $750...
FEMA Flood Insurance Program Launches Agent Web Site
Jan 9 2006 // The National Flood Insurance Program has launched a FloodSmart Agents Web site to provide access to agent materials and new content in a password-protected agents-only section of www.FloodSmart.gov. After registering for a...
Venture Programs Launches Industry-First E-Marketing Campaign
Jan 5 2006 // 30-second video spot to broadcast on insurance news web sites is first by a program administrator targeting agent and broker market West Chester, Pa.- Venture Insurance Programs (www.ventureprograms.com), a national...
