Markets/Coverages News

XL Catlin Launches Injury, Security Coverage for Visitor Attractions in UK, Ireland

XL Catlin has launched Leisure Protect – an insurance package aimed at the mid to large visitor attraction sector. The coverage offers assistance as a result of a catastrophic injury and against a range of security threats. The new product …

Worldwide Facilities Creates National Workers’ Compensation Unit

National wholesale insurance brokerage and managing general agent Worldwide Facilities has created a new workers’ compensation division. Davis Moore, CEO of Worldwide Facilities, noted that while his firm has a diverse range of products, it did not have brokers specializing …

Lloyd’s Ends Ties with NRA Insurance Programs

Lloyd’s of London has directed its underwriters to terminate any insurance programs they have with the National Rifle Association (NRA) and to not enter into any new ones. “The Lloyd’s Corporation has given very careful consideration as to whether syndicates …

Great American, Grundy Insurance to Offer Classic Car Restoration, Repair Program

The Alternative Markets Division of Great American Insurance Group has launched a new national program in conjunction with Grundy Insurance focused on coverages for antique and classic car restoration and repair shops across the United States. The program, underwritten by …

Insurer Sees Growth in Insurance Market for Telemedicine Providers

As the U.S. market for telemedicine continues to expand, so does demand for insurance coverage for these providers, according to Beazley, which launched its product last summer. The U.S. is the largest and most mature telemedicine market, with revenues projected …

AAIS Files Cannabis Businessowners Insurance Policy in California

AAIS (American Association of Insurance Services), a national not-for-profit insurance advisory organization governed by its member companies, has filed a Cannabis Businessowners Policy in the state of California. The development of the policy, according to AAIS, was in response to …

Crop Insurer NAU Country Insurance Enhances Crop Management Platform

Iteris, Inc., a data firm focused on the transportation and agriculture industries, and U.S. crop insurance provider NAU Country Insurance Co. have added Iteris’ ClearAg Spray Advisor and crop growth stage models to NAU Country’s crop management platform, Field Insights. …

Beazley’s Digital Weather Policy: Plain English and Personalized

Specialist insurer Beazley has launched a digital insurance policy in the U.S. that can be customized and describes in plain English precisely what coverage the customer has bought. Beazley Weather Guard protects U.S. event organizers against the effects of severe …

AAA Carolinas Launches Inland Flood Coverage for Homeowners

AAA Carolinas Insurance has launched new inland flooding protection for policyholders. The Inland Flood Coverage is one of three new enhancements offered by AAA Carolinas Insurance, headquartered in Charlotte, N.C. Home Systems Protection and Service Line Coverage have also been …

Allianz Global Corporate & Specialty to Offer Drone Safety Products Through ParaZero

Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero to offer its drone-safety products to insureds and help them manage risks involved with the operation of drones. This partnership is scheduled for initial roll …