business News

CFC Enhances Management Liability Policy

Specialist lines underwriting agency CFC Underwriting has upgraded its management liability policy, ExecSurance ML. ExecSurance ML is a management liability policy designed specifically for the needs of the modern day small- and medium-sized businesses. Brokers and their clients can pick …

CNA Introduces New Package Policy For Mid-Sized Businesses

CNA has launched CNA Paramount, a new package policy for mid-sized businesses that combines property and general liability coverage. CNA Paramount brings all the basic and critical property and crime coverage needs into one package, namely: business property including, but …

The Hartford Enhances Small, Midsize Business Management Liability Coverage

The Hartford has enhanced its private company management liability offerings with Private Choice Ovation, a package policy with updated and expanded coverage options designed to address emerging exposures facing business owners and management teams today. “As small and midsize business …

SullivanCurtisMonroe, CMTA to Launch Environmental Risk Management Program

SullivanCurtisMonroe (SCM) has formed a partnership with the California Manufacturers & Technology Association (CMTA) to launch the Environmental Risk Management (ERM) program. The ERM Program helps CMTA members manage the environmental risks facing their business through the use of ERM …

Travelers Launches OnDemand Risk Control Service for Commercial Clients

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 Travelers risk experts with insureds through screen share …

XL Group to Offer Shariah Complaint Insurance Coverage

XL Group has launched Shariah compliant insurance cover for large corporate and middle market clients. Initially it will focus on property cover, with a maximum capacity of up to $300 million. The coveragevfinacntargets markets worldwide, with the exception of the …

First Fidelity Brokerage Launches Flood Insurance Website

First Fidelity Brokerage of New York has launched www.insureflood.com for homeowners and businesses to obtain flood insurance, as well as information about flood insurance. The site also has a link to estimate flood damage based on the height of the …

Coface Introduces New Trade Credit Top-Up Cover

Coface, a global trade credit insurer, has introduced TopLiner, a new supplemental, non-cancelable top-up cover for existing customers. The product was designed for businesses taking a more active role in managing their credit risks. With TopLiner, Coface policyholders can view …

Aon Launches Replacement Flood Coverage Call Option

Aon Risk Solutions, the global risk management business of Aon plc has created Flood Secure Flex, a new call option for Flood Secure, to allow U.S. organizations to lock in pricing and terms for replacement flood coverage. Flood Secure Flex …

GEICO to Offer Commercial Auto Coverage Direct to Customers in Georgia

Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly through the company, business owners can see significantly lower premium rates. Commercial insurance packages cover the cars, trucks and vans used by …