Markets/Coverages News

New Commercial Trucking Coverage from Hudson Targets Independent Contractors

Hudson Insurance Group has released commercial trucking coverage for independent contractors that is now offered through retail producers in select states. Coverage includes occupational accident, contingent liability, truck physical damage and workers’ compensation, as well as non-trucking liability. Hudson has …

CFC to Expand Coverage to FinTechs with Package Policy

CFC, a specialist insurance provider of emerging risks, has expanded its suite of products for financial institutions with the launch of a new product built specifically to cover the risks faced by organizations operating in the fintech space. According to …

National E&S Launches COVID-19 Cleaning GL, CPL Coverage

National E&S Insurance Brokers has launched COVID-19 cleaning coverage with an “A” rated carrier specifically designed for non-fire/water restoration contractors who wish to perform COVID-19 cleaning and prevention operations. National E&S is the program manager underwriting this program and will …

Universal Property Insurance Expands into Tennessee

The wholly-owned subsidiary of Universal Insurance Holdings, Inc.’s Universal Property & Casualty Insurance Co. (Universal Property), has received a certificate of authority in Tennessee, approving Universal Property as a licensed insurance entity in Tennessee. According to Universal Insurance Holdings, Inc. …

Wright National Expands Flood Products into Virginia

Wright National Flood Insurance Services (WNFIS) has introduced two private flood insurance products for Virginia residential property owners – The Wright Residential Private Flood Insurance Program and Hiscox FloodPlus. The company now offers Hiscox FloodPlus in a dozen states and …

One80 Launches Transportation Threat Protect Program for Commercial Auto Operations

One80 Intermediaries (One80), a national wholesale insurance broker and program manager headquartered in Boston, has launched the Transportation Threat Protect (TTP) program. TTP was designed to protect commercial drivers and transport operations from the growing risk of hijack, kidnap, malicious …

Aon’s New Capital Partners Aims to Tap Additional Sources of Capital for Reinsurance

Global broker Aon has formed a new team in its Reinsurance Solutions business that will focus on building global investor relationships in order to identify additional sources of capacity to clients. The new Capital Partners team will initially bring third-party …

Coalition Expands Admitted Cyber Insurance Offering into Florida

Coalition, an online cyber insurance and security company, has expanded its admitted cyber insurance offering into Florida following approval from the Florida Office of Insurance Regulation. Businesses and organizations across the state now have access to Coalition’s cyber insurance coverage …

Progressive Enters Voluntary Market with Expanded Pet Health Insurance Product

Progressive will enter the voluntary benefits market through a relationship with Pets Best, which is part of Care Credit, a Synchrony product. Progressive Pet Insurance by Pets Best will be available to all U.S. companies looking to add pet insurance …

Sterling New Age Cyber, Elpha Secure Launch ES-1000 Cybersecurity Package

Cybersecurity insurance company Elpha Secure and partner Sterling New Age Cyber have introduced ES-1000, a service bundle package that focuses on mitigating risk and cyber threat to clients through cyber software, educational resources and professional consultation. SterlingRisk Programs, a division …