Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
PGI Launches Self-Storage Insurance Coverage
Aug 13 2008 // Morristown, New Jersey-based PGI Commercial has launched a comprehensive insurance program for self-storage facilities, with coverage provided by member companies of Argonaut Insurance Group. The program conprises a...
RMS unveils New UK Inland Flood Model, EU Earthquake Model
Aug 8 2008 // UK Flood Model Risk Management Solutions has released a major new upgrade to its U.K. Inland Flood Model. “The upgraded model will enable all segments of the insurance industry to drill down to a finer level of...
Florida Launches Updated Web Site for Homeowners Insurance Shoppers
Aug 7 2008 // Florida Gov. Charlie Crist and Insurance Commissioner Kevin McCarty launched the updated www.ShopAndCompareRates.com Web site. The two offices activated the free, online tool in July 2007 to assist consumers looking to...
Aon Launches ‘Green Building Property Program’
Aug 7 2008 // Aon Corporation has launched the “Aon Green Building Property Program,” which it describes as the “industry’s most comprehensive insurance solution to facilitate environmentally friendly and...
Lexington Launches Public/Private Partnership Coverage
Aug 5 2008 // Lexington Insurance Company, a unit of AIG Commercial Insurance, announced the launch of “Lex P-3 Solutions SM,” which it described as offering “tailored risk management and insurance products that...
Florida-based Homeowners Choice Announces Initial Public Offering
Aug 1 2008 // Homeowners Choice Inc., based in Clearwater, Florida, announced that it has completed an initial public offering of 1,666,668 units, each consisting of one common share and one warrant, at a price of $7.00 per unit. Two...
Lexington Launches Truck Broker Liability Coverage
Jul 15 2008 // Lexington Insurance Company, a unit of AIG Commercial Insurance, introduced Lexington Truck Broker Liability Insurance, a primary liability insurance policy that addresses liability risks of truck brokers, who bring...
AIG, Vermont Mutual to Enter Mass. Personal Auto Insurance Market
Jul 14 2008 // Giant insurer American International Group has decided to enter the Massachusetts private passenger auto insurance market, according to The Boston Globe. But AIG is not alone. In addition, Vermont Mutual will begin selling...
Progressive Launches Behavior-Based Auto Insurance in Alabama
Jul 8 2008 // Progressive is introducing an optional car insurance program in Alabama that offers lower rates on vehicles that are driven in less risky ways. The behavior-based insurance program, called MyRate, gives drivers a...
M.J. Hall and Co. Announces Market for Main Street Businesses in California
Jul 3 2008 // M.J. Hall announces a new market for main street businesses including packages and workers’ compensation. Coverage is provided by an admitted “A” IX rated carrier in California. M.J. Hall represents more...
ACE USA Launches Supplemental Property Coverage
Jun 20 2008 // Philadelphia-based ACE USA has introduced a new specialty insurance product that provides additional coverage for expenses and losses that stem from an insured’s property loss. Called ACE Supplemental Property, the...
California Launches Workers’ Comp Enforcement Program
Jun 16 2008 // The California Department of Industrial Relations has launched an Insurance Coverage Program, an enforcement program designed to identify and target employers who fail to carry workers’ compensation insurance. DIR...
South Carolina Medical Association Launches Medical Liability Company
Jun 11 2008 // The South Carolina Medical Association launched its new subsidiary, the South Carolina Physician Assurance Co. The new insurance company will provide medical malpractice coverage to qualifying physicians who are members of...
PHLY Launches Coverage for Substance Abuse Rehab Facilities
Jun 9 2008 // Philadelphia Insurance Companies (PHLY) has introduced a new coverage product aimed at substance abuse rehabilitation facilities. The product covers general and professional liability, automobile and property for...
California Launches Workers’ Comp Enforcement Program
Jun 6 2008 // The California Department of Industrial Relations has launched an Insurance Coverage Program, an enforcement program designed to identify and target employers who fail to carry workers’ compensation insurance. DIR...
New Purchasing Group for Texas Lodging Industry Launched
Jun 4 2008 // Texas Mutual Insurance Company has partnered with Hilb, Rogal and Hobbs (HRH) to offer a workers’ compensation purchasing group for hotels, motels, bed and breakfasts, and hospitality groups. Members of the Texas...
PHLY Launches Coverage for Home Health Care Agencies
Jun 3 2008 // Philadelphia Consolidated Holding Corp. (PHLY) has launched a new line of insurance products aimed at home health care and hospice services. The new line offers general liability, professional liability, property,...
U.S. Risk Launches MedTour Pro for Medical Tourism Industry
May 29 2008 // U.S. Risk Underwriters, a subsidiary of U.S. Risk Insurance Group, Inc. launched a new professional liability product for the medical tourism industry called MedTour Pro. MedTour Pro is designed for medical tourism...
NIP Launches Coverage for Paving Contractors
May 22 2008 // Woodbridge, N.J.-based NIP Programs, a division of NIP Group Inc., said it will now cover paving contractors as part of its SitePro insurance program for site improvement and excavation contractors. NIP Programs, which...
Willis, Lloyd’s Create Largest Launch Coverage for Eutelsat
May 19 2008 // The largest satellite “launch insurance package ever placed has been completed by broker Willis Inspace, with a Lloyd’s underwriter leading the risk,” for Europe’s Eutelsat, the world’s third...
