Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
National Specialty Underwriters, Ace Westchester Launch Hospitality Program
Dec 10 2009 // Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) a program administrator and specialty wholesale broker, and ACE Westchester, the U.S.-based wholesale-focused property and casualty operation of the ACE...
Lexington Launches New Claims-Made Casualty Coverage
Dec 9 2009 // Lexington Insurance Co., a Chartis company, has introduced LexTransForm, a claims-made casualty policy with an optional extended reporting period (ERP) that an insured may purchase for a pre-set sliding scale rate. This...
Protective Specialty Announces New Professional Liability Division
Dec 8 2009 // Indianapolis, Ind.-based Protective Specialty has created a new Professional Liability Division, which joins the company’s portfolio of nationwide products by offering Miscellaneous Professional Liability. A...
Specialty Underwriting Firm Naxos Avondale Launches
Nov 30 2009 // Naxos Avondale Specialty Casualty Inc., an underwriting management company focused on the specialty casualty excess and surplus lines markets, has officially launched operations and begun accepting business. The creation...
Marsh Launches Lottery and Gambling E&O Coverage
Nov 25 2009 // Marsh’s London office announced that it has launched a new errors and omissions (E&O) insurance product for the suppliers of lottery and gaming (gambling) organizations. The new product, created by Marsh’s...
Momentous Launches Restaurant Insurance Specialty Practice
Nov 24 2009 // Momentous Insurance Brokerage of Van Nuys, Calif., has launched a restaurant insurance specialty practice. Some of the risk management services offered include contract review, loss control and inspection, in-house claims...
National Lloyds Launches Texas Presidential Homeowners Product
Nov 18 2009 // Waco, Texas-based National Lloyds Insurance Company has introduced the Presidential Homeowners Program, targeting owner/primary residence properties in Texas. According to the company’s announcement, the new program...
Flood-Prone Missouri Town Ready to Launch Mitigation Plan
Nov 18 2009 // Clarksville, Mo., is moving ahead with what Mayor Jo Anne Smiley calls the “monumental task” of never again having to worry about the Mississippi River ruining businesses and disrupting lives in this town of...
Marsh Launches Private Company D&O Liability Diagnostic Tool
Oct 22 2009 // Marsh’s London office announced that it has launched a new Directors’ and Officers’ (D&O) liability diagnostic tool for private companies domiciled in the UK. “The service is free to clients...
Massachusetts Launches Verification Site for Workers’ Comp
Oct 5 2009 // Public Can Now Check Coverage Online In a move designed to combat instances where employers lack coverage, Massachusetts has introduced a new Web site that allows anyone to see if a business has workers’ compensation...
ACE Launches New Offshore Policy for Oil/Gas Industry Liability Exposures
Oct 1 2009 // ACE Europe announced the launch of its new oil and gas industry policy. ACE said the product is “aimed at both manual and non-manual trades engaged in the upstream sector,” and that it has been extended and...
Kiln Enters Space Market
Sep 25 2009 // R J Kiln & Co Limited, the international insurance and reinsurance underwriting group, has announced its entry into the space market with the appointment of specialist space underwriter, Laurent Esquirol, who will...
Main Street America’s Great Lakes Launches Commercial Lines in Michigan
Aug 12 2009 // The Main Street America Group’s Great Lakes Casualty Insurance Co. is now offering its commercial product line, featuring the company’s Main Line Business Owners Policy product, to its Michigan network of...
Fireman’s Fund Launches Green Auto Upgrade Coverage
Aug 12 2009 // Fireman’s Fund Insurance Company introduced a hybrid upgrade auto insurance product that enables car owners to “go green.” In addition, new vehicle replacement coverage is available — insuring the...
Kentucky National Enters Tennessee P/C Insurance Market
Aug 4 2009 // Kentucky National Insurance Co., a Lexington-based property/ casualty insurance company, began offering insurance to customers in Tennessee June 1, 2009. Kentucky National is offering auto, homeowners, boat, renters,...
U.S. Launches Auto ‘Clunker’ Program
Aug 3 2009 // In what may prove to be boon for the U.S. auto industry and, by extension, Midwest states that have been adversely affected by auto manufacturer bankruptcies, the U.S. government launched its $1 billion cash incentive...
Love of Language Leads Enterprising Agent Into Successful Niche Market
Aug 3 2009 // At first glance, Kathryn Soderberg would seem an unlikely candidate for an insurance agent whose expertise in marketing to Hispanic customers lands her gigs on radio talk shows and leading Hispanic market training sessions...
Chicago-Based Insurance Group Entering U.S. Latin American Market
Jul 29 2009 // The Wyncrest Group Inc., a niche insurance consortium based in Chicago, Ill., announced its entrance into the Latin American insurance market in the U.S. The company said its pending acquisition of Florida Insurance...
U.S. Launches Auto ‘Clunker’ Program
Jul 27 2009 // The U.S. government launched a $1 billion cash incentive program on Friday to stimulate auto sales by getting consumers to part with gas guzzling cars and trucks and buy more fuel efficient vehicles. The program, which...
St. Johns Enters South Carolina Homeowners Insurance Market
Jul 27 2009 // St. Johns Insurance Co., a Florida domiciled property and casualty insurer, has expanded its presence into the South Carolina homeowner insurance market. Insuring more than 200,000 policyholders in Florida, St. Johns...
