Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Ohio Firm Launches Program Aimed at Opioid Abuse in Workers’ Comp
May 24 2013 // Lewis Center, Ohio-based Modern Medical announced the nationwide roll out of a program designed stop the rise of opioid abuse in the workers’ compensation industry. Opioid Defense Manager (ODM) was launched in...
$3.7B in Additional Sandy Relief Aid Announced for N.Y., N.J. Transit Agencies
May 24 2013 // U.S. Transportation Secretary Ray LaHood announced on Thursday an additional $3.7 billion in disaster relief funds to help the four major transit agencies in New York and New Jersey that sustained the greatest damage from...
XL Group Launches New Motor Cargo Truck Coverage
May 21 2013 // XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. Motor truck cargo coverage solutions includes flexible limits on 23 additional...
Christie Unveils Buyout Offer to New Jersey Flood Victims
May 17 2013 // Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program,...
Liberty International Launches Marine Business Owner Policy
May 16 2013 // Liberty International Underwriters (LIU), part of the Global Specialty unit of Liberty Mutual Insurance, has launched a new policy designed to cover marine liability and property related risks for small and mid-size marine...
Travelers Launches OnDemand Risk Control Service for Commercial Clients
May 15 2013 // The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and mitigate their business risks. The new service, called Risk Control OnDemand, connects...
Alabama University Launches Cyber Threat Detection Company
May 15 2013 // In a private-public partnership, the University of Alabama at Birmingham (UAB) has launched Malcovery, an intelligence company specializing in cyber threat detection, to help businesses protect themselves from...
Trinity Underwriting Managers Launches New Inland Marine Program
May 9 2013 // Georgia-based program administrator Trinity Underwriting Managers, Inc. (TUMI) has expanded its commercial auto underwriting capabilities. TUMI recently established a relationship with an “A+” rated carrier in...
ACE Launches New Management Liability Options for Health Care Organizations
May 8 2013 // The ACE Group has launched ACE Express Private Health Care Protection and ACE Express Not-For-Profit Health Care Protection policies specifically designed for the new exposures facing health care organizations. The...
Insurance Industry Charitable Foundation’s Boston Chapter Launches Grants Program
Apr 29 2013 // The Insurance Industry Charitable Foundation (IICF) Boston chapter launched its grants program by hosting its first-ever grant fundraising event April 11 in Boston. The new Boston chapter is part of the IICF Northeast...
Hartford Steam Boiler Launches Cyber Attack Protection for Small Businesses
Apr 29 2013 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products...
Wells Fargo Insurance Launches U.S.-Based International Specialty Group
Apr 24 2013 // Wells Fargo Insurance, part of Wells Fargo & Co., is expanding its International Specialty Group by establishing three new teams solely dedicated to serving the insurance and risk management needs of U.S. multinational...
Atlas General Insurance Services, LLC Announces its Launch of the Atlas Commercial Division
Apr 23 2013 // San Diego, CA, 4/23/13 – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation of the Atlas Commercial Division. This new division will be headed up by...
MarketScout, Ironshore Launch E&O Program for CIC Insurance Agencies
Apr 22 2013 // MarketScout has developed a new errors & omissions facility designed specifically for Certified Insurance Counselors (CIC) to be offered through its relationship with Ironshore Inc., a global specialty insurance...
Michigan Governor Unveils Auto Insurance Plan
Apr 18 2013 // Michigan Gov. Rick Snyder and Republican lawmakers have unveiled a proposal to end unlimited lifetime coverage for medical expenses tied to auto accidents. Drivers now pay $175 per car per year to cover catastrophic...
RSG’s Sapphire Blue, Catlin Agencies Launch Rural, Specialty Hospital Program
Apr 17 2013 // Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. have launched a new liability insurance program specifically for U.S. small rural and specialty hospitals. The program...
ACE Launches Agriculture P&C Business
Apr 12 2013 // The ACE Group has formed ACE Agribusiness, an agriculture property and casualty insurance business. ACE Agribusiness is comprised of Penn Millers Insurance Co., acquired by ACE in 2011, and the Farm and Ranch division of...
Seacurus Launches Marine Insurance Coverage for Unpaid Crew Wages
Apr 12 2013 // Marine insurance intermediary Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers and includes recompense in respect of unpaid crew wages. The policy...
Ironshore International to Enter Japanese Market through its Lloyd’s Syndicate
Apr 8 2013 // Ironshore International, a subsidiary of Ironshore Inc., announced that its Lloyd’s Pembroke Syndicate has been authorized by the Japanese Financial Services Authority to offer Representations & Warranties...
New Rules Announced for Homeowners Using Sandy Disaster Aid to Rebuild
Apr 8 2013 // Homeowners and businesses using federal disaster aid to rebuild from Superstorm Sandy will have to take additional flood protection measures, top federal officials announced last week. The new standard, announced on April...
