Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
State Auto Financial Announces 4Q Losses, Higher Annual Revenues
Mar 1 2002 // Ohio-based State Auto Financial Corporation, a regional property and casualty insurance holding company reported net losses for the fourth quarter of 2001 and increased revenues for the year. The company, which primarily...
Plymouth Rock Enters Conn. Auto Market
Feb 19 2002 // Boston’s Plymouth Rock Assurance Corp. recently received approval from the Connecticut Insurance Department to begin writing personal automobile insurance in the neighboring state. The company is in the process of...
OneBeacon Enters Professional Liability Insurance Market
Feb 7 2002 // OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., announced its entrance into the Directors and Officers Liability and Professional Liability insurance markets under the name...
Zurich North America Unveils Tool to Evaluate Exposures, Coverage Needs
Feb 5 2002 // Zurich North America has introduced a new tool to better evaluate business interruption exposures and calculate coverage needs. Going forward, Zurich will use the tool, known as the Business Interruption Coverage...
SCSI, Vitria Partner to Deliver Enterprise Automation Solution for P/C Industry
Jan 8 2002 // SCSI, a producer of real-time information systems for data access and management, and Vitria, a collaboration platform and collaborative applications provider, announced a partnership to serve the property and casualty...
Kemper Launches New Accounting Firm Market Segment
Dec 28 2001 // Kemper Insurance Companies has enhanced its line of Kemper Premier business owners’ policies with a new specialty coverage tailored for accounting firms. The new endorsement offers property, liability and accounting...
W.R. Berkley to Enter Excess Medical Malpractice Market
Dec 19 2001 // Connecticut-based W.R. Berkley Corp. announced it will enter the excess medical malpractice market with the formation of Berkley Medical Excess Underwriters, LLC., based in St. Louis, Missouri, which will underwrite on...
ART Insurance Services Announces New TPA Offering for Workers’ Comp Claims
Dec 3 2001 // Advanced Risk Technologies (ART) Insurance Services, a leader in providing risk management services including loss control, first aid claims administration, and claims management services, announced a new third party...
Midland Co. Announces American Modern to Cease Commercial Liability
Sep 19 2001 // The Midland Company, a highly focused provider of specialty insurance products and services, announced that American Modern Insurance Group, its insurance subsidiary, will cease offering the commercial liability coverages...
HCC to Enter Surety Market
Sep 7 2001 // HCC Insurance Holdings Inc. announced that effective Oct. 1, 2001, it will begin offering surety coverages through its wholly owned subsidiary, U.S. Specialty Insurance Company (USSIC). In this regard, HCC has appointed...
Esurance Teams with Patelco to Launch Integrated Online Auto Loan and Insurance Platform August 23,
Aug 23 2001 // Esurance Inc., a nationwide direct-to-consumer personal auto insurance provider and subsidiary of Folksamerica Holding Company Inc., along with San Francisco-based Patelco Credit Union, announced the launch of the first...
FileNET Announces Acenza Underwriting and Policy Administration for P/C Marketplace
Aug 21 2001 // FileNET Corp., a provider of business process management solutions, announced the availability of Acenza Underwriting and Policy Administration, the latest addition to FileNET’s Acenza for Insurance suite of...
Aquila To Enter Australian/New Zealand Weather Derivative Market
Aug 20 2001 // Aquila, Inc., the Kansas City-based energy and risk management company, announced that it has entered into a partnership agreement with Australia’s Macquarie Bank to begin marketing weather derivative products there...
ePolicy Launches Nonprofit D&O Liability Product Via the Internet
Aug 14 2001 // ePolicy.com Insurance Services Inc. announced the launch of its nonprofit directors and officers (D&O) liability product, which the company states is the first in the industry allowing a nonprofit organization to...
ASP Industry Consortium Unveils Insurance Program for ASP’s
Jul 26 2001 // The Wakefield, Mass.-based ASP Industry Consortium announced the availability of a new insurance program designed specifically for application service providers (ASPs). The program, developed in conjunction with...
Insurance.com Announces Online Marketing Partnerships
Jul 17 2001 // Insurance.com(SM), a Fidelity Investments company, announced a series of strategic online marketing agreements with AOL-Time Warner (AOL), Bloomberg, Bankrate (RATE), Yahoo! (YHOO), Multex (MLTX), and Learning...
Marsh, AT&T Unveil E-Business Risk Solution
Jul 12 2001 // Companies that use AT&T’s Internet Data Centers and managed web hosting services are eligible for a new benefit — e-business insurance from Marsh Inc. that rewards AT&T enterprise hosting customers...
Administaff Announces New Carrier for Workers’ Comp Policy; The Hartford Selected to Underwrite Two-Year, Fully-Insured
Jun 29 2001 // Administaff, Inc., the nation’s leading Professional Employer Organization (PEO), today announced that it has selected The Hartford Financial Services Group Inc. to underwrite the guaranteed-cost workers’...
Zurich North America Launches New Product Recall Coverage
Jun 12 2001 // Zurich North America’s Excess & Surplus Group is offering a new coverage for expenses related to product recalls, the company announced yesterday. The product recall expense coverage is designed for small to...
MDA Announces Improved Information Product for U.S. Insurance Industry
Jun 1 2001 // The Information Products Group of MacDonald, Dettwiler and Associates Ltd. unveiled a new version of its Home Replacement Cost Estimator, renamed the Replacement Cost Calculator. According to the company, the new version...