Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
State Auto Financial Announces Profitable Year at
May 31 2001 // State Auto Financial Corporation’s tenth annual meeting featured a recap of 2000, the sixth straight year the company has achieved an underwriting profit. State Auto Chairman Robert H. Moone stated that while the...
The St. Paul Launches Medical Liability Policy for Physicians and Surgeons
May 16 2001 // St. Paul Surplus Lines Insurance Co. a St. Paul Companies subsidiary, introduced an enhanced medical liability product for physicians and surgeons that will be available in Georgia beginning July 1, and the company is...
Acceptance Ins. Cos. Announces Sale of P/C Businesses
May 11 2001 // Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., agreed to sell two wholly owned insurance companies to McM Corporation, a...
Arthur J. Gallagher Announces Formation of Specialty Brokerage Services Unit
May 10 2001 // Arthur J. Gallagher & Co. announced the formation of Gallagher Financial Products, a new specialty Brokerage Services unit devoted to the production and development of a broad array of insurance-based financial...
International Insurance Group Launches Mexican Auto Policy Website
May 7 2001 // International Insurance Group Inc., in conjunction with Grupo Nacional Provincial (A.M. Best rated “A-9”), announced the launch of its website designed to allow agents, brokers and consumers to issue Mexico...
Four New Insurers to Enter Hawaii’s Workers’ Comp Market
Apr 4 2001 // Wayne Metcalf, the Hawaii Insurance Commissioner, announced in March that the Insurance Division has authorized four new insurers to write workers’ compensation insurance in Hawaii. The authorization for General...
ICAT Managers Enters Carolina Markets
Mar 28 2001 // Catastrophe insurance specialist International Catastrophe Insurance Managers has entered the North Carolina market. ICAT Managers provides windstorm insurance to businesses operating in coastal areas that often lack...
KINGSWAY ENTERS U.S. AUTO MARKET
Mar 19 2001 // Kingsway Financial Services has entered into an agreement with The Access Group to underwrite private passenger auto insurance in the United States, beginning in Georgia, through its wholly owned subsidiary, Lincoln...
New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market
Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...
Hartford Steam Boiler Launches International Coverage
Mar 14 2001 // It didn’t take long for HSB to start expanding internationally once it became part of AIG. Tuesday the company announced the introduction of “a new international insurance product called HSB OneSource.”...
Churchplaza Enters Agreement with Arthur J. Gallagher to Market Customized Church Products
Feb 28 2001 // ChurchPlaza has signed an agreement with Arthur J. Gallagher & Co. to offer co-branded insurance products to the $49 billion church market. Sarasota, Fla.-based ChurchPlaza is a supplier of products and services to...
State National Specialty Enters Arizona
Feb 26 2001 // Arizona has awarded State National Specialty Insurance Co. a certificate of authority for writing multiple lines of insurance. This authorization allows State National Specialty to write casualty, marine and...
G&M MARINE ENTERS TEXAS
Feb 19 2001 // G&M Marine Inc., a 36-year-old marine insurance managing general agent headquartered in New Orleans, La., has established a branch office in Houston. The office opened Feb. 5. G&M Marine also announced that it...
NJ Commissioner Unveils Auto Territory Draft Standards
Feb 7 2001 // New Jersey Banking and Insurance Commissioner Karen L. Suter shared the proposed draft standards with the Territorial Rating Plan Advisory Commission. The 50-year-old rating map used by automobile insurers will be redrawn...
Rackley Unveils Windows-Based Commercial Lines Rating Software
Feb 7 2001 // Rackley Systems released a new version of its comparative commercial lines rating software – Rackley Systems for Windows. The software is available in all 50 states. The new software is a full-featured Windows...
Chubb Enters Lender Environmental Insurance Market
Feb 7 2001 // The Chubb Group of Insurance Cos. has introduced Collateral Impairment and Environmental Liability Insurance for Financial Institutions to commercial real estate lenders. The coverage is available through Environmental...
TurboCoverage Launches Web-Based Auto Insurance Service For Auto Dealerships
Jan 22 2001 // TurboCoverage, a web-based auto insurance service exclusively for auto dealerships, has launched an insurance platform that enables uninsured car-buyers to instantly secure coverage in the dealer showroom and drive away...
CSE Announces Annual Automobile Safety Scholarship
Dec 22 2000 // Civil Service Employees Insurance Group announced the launch of its 2001 Youth Automobile Safety Scholarship for high school seniors residing in California, Utah, Nevada and Arizona. Applicants must be children of...
Argonaut Group Announces Purchase of HIH America Business in Seven States
Dec 1 2000 // Argonaut Group has announced that its principal subsidiary, Argonaut Insurance Company, signed a letter of understanding with HIH America Insurance Group to acquire the renewal rights and other tangible assets associated...
RLI Launches Online Fiduciary Liability Program
Nov 2 2000 // RLI Insurance Co. has unveiled an Internet-based fiduciary liability program called eFiduciary. The program allows producers to obtain a premium indication within 60 seconds, then bind and print policies. The program is...
