Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
State Auto Financial Announces Dividend Increase
Aug 19 2002 // The board of directors of Ohio-based State Auto Financial Corporation voted to increase the quarterly cash dividend to $0.035 per share, payable Sept. 30, 2002, to shareholders of record at the close of business on Sept....
Bridgefield Casualty Unveils Commercial Package Policy
Jul 30 2002 // Bridgefield Casualty Insurance Company, a subsidiary of Summit Holding Southeast, Inc., is now offering a Commercial Package Policy (CPP) to employers in Mississippi and Alabama. The Commercial Package Policy (CPP) offers...
Safeonline Technology to Launch 1st and 3rd Party Tech Coverage
Jul 15 2002 // Michigan-based digital risk insurance specialist, SafeonlineT announced the launch later this month of a new 1st and 3rd party policy that the company says will provide a much needed in-fill for small to medium firms who...
S&P, A.M. Best, Stock Markets React to Munich Re Announcement
Jul 12 2002 // The reaction to Munich Re’s announcement that it would strengthen reserves at American Re and for the WTC attacks by a total of $2.5 billion (See IJ Website July 11) had a decidedly unsettling effect. Standard &...
TransGuard Enters Deal With Sherwood International’s for Automation Systems
Jul 11 2002 // Chicago-based TransGuard Insurance of America, inked a multimillion dollar license and implementation agreement with Sherwood International under which TransGuard will automate its business operations and enterprise...
Encompass Unveils Identity Fraud Coverage
Jul 3 2002 // Encompass Insurance has launched an identity theft insurance program to protect customers from the costs that result from having their identity stolen. Encompass Identity Fraud Coverage provides up to $20,000 (may vary by...
RTW Inc. to Launch New Self Insured Services Business Unit
Jul 1 2002 // Minnesota-based RTW Inc., a provider of workers’ compensation management systems, will launch a new business unit on July 15, to provide its proven core product-case and claims management services-to self-insured...
ACE Risk Management Unveils New Split Deductible Limit Workers’ Comp Product
Jun 18 2002 // ACE Risk Management, part of ACE USA, has introduced its new Split Deductible Limit(SM) Workers’ Compensation product. The product, designed to meet the needs of large Risk Management clients, is a flexible...
ICAT Managers Appoints Brennan to Launch Calif. Middle Market Business Unit
Jun 11 2002 // International Catastrophe Insurance Managers, LLC. (ICAT) has launched its Middle Market Business Unit in California. John Brennan will lead the department’s objectives to underwrite accounts with values of $10...
Superior Access Unveils Wholesaler Comparative Auto and Home Insurance Quoting
Jun 10 2002 // California-based Superior Access Insurance Services Inc. has unveiled a new online comparative quoting and application feature for 5,300 of its 8,000 appointed agents writing home and auto insurance in...
ISO Unveils New Program for Small, Midsize Businesses
Jun 5 2002 // Insurance Services Office, Inc. (ISO) has introduced a new Businessowners Program (BOP)—a package policy providing broad property and liability coverage in a single contract for small and midsize businesses—by...
INSTEC Unveils Native Windows Commercial Package Policy Processing Solution at 2002 ACORD Conference
May 24 2002 // Illinois-based INSTEC unveiled the industry’s first complete, native Windows commercial package policy processing solution earlier this week at the 2002 ACORD Conference “Real World Solutions,” in...
The St. Paul Companies Unveils New Underwriting Operation for Large, National Property Accounts
May 14 2002 // The St. Paul Companies has formed a new underwriting operation that will target large national and regional property risks in the U.S. The new operation, Property Solutions, will offer a full range of property insurance...
The St. Paul Companies Launches Professional Liability Product
May 10 2002 // The St. Paul companies has introduced St. Paul SelectOne(SM) for Investment Advisers, a professional liability product designed to help protect investment advisers from the risks associated with providing services to their...
Fireman’s Fund Unveils New Software for Middle-Market Business
Apr 15 2002 // Fireman’s Fund Insurance has developed a new software program, designed specifically to help agents better serve their customers. The software, iCustomer Series, is targeted at middle market businesses concentrated...
NJ Industry and Consumer Groups Launch Campaign for Auto Insurance Reform
Apr 9 2002 // Insurance industry and consumer groups have joined together to launch an extensive advertising campaign aimed at building support for their efforts to bring about reforms in New Jersey’s automobile insurance...
Allenbrook, Blue Cod Announce Marketing and Reseller Agreement
Apr 4 2002 // Allenbrook, Inc., a provider of automation and consulting services for the property and casualty industry, and Blue Cod Technologies, Inc., a provider of customer service and work-management software solutions, announced...
Docucorp, Ascendant One Announce Marketing Agreement
Mar 28 2002 // Docucorp® International, a provider of enterprise information solutions, announced a marketing agreement with AscendantOne(TM) Inc., architects of next generation front office insurance technology. Through this marketing...
NAMIC Unveils Recommendations for Analytical Approach to Market Regulation
Mar 18 2002 // The National Association of Mutual Insurance Companies (NAMIC) will propose 12 market regulation recommendations that state insurance regulators should incorporate as they develop a more analytical approach to market...
The St. Paul Companies Launches New Tool for Small Commercial Products
Mar 6 2002 // The St. Paul Companies announced the launch of a new web-based tool to assist agents with obtaining single entry, real-time quotes for small commercial products. The tool was developed to be compatible with the quoting...
