Markets/Coverages News

Workers’ Comp Carrier ClearPath Mutual Expands into Indiana, Tennessee

ClearPath Mutual Insurance Co. has expanded its workers’ compensation insurance offering into Indiana and Tennessee. According to ClearPath Mutual, when it began operations in 2018, the company applied for licenses in Tennessee and Indiana to better serve its existing Kentucky …

Neptune Flood Expands With Product for Small, Mid-Sized Commercial Lines

Neptune Flood, a digital flood insurance company. has launched a commercial flood insurance product for small and mid-sized businesses in 48 states. Phase 1 of the rollout makes Neptune Flood available for non-residential businesses such as offices, retailers and restaurants, …

Starr Launches Usage-Based Aviation Insurance for Pilots Who Rent

Starr Insurance Companies has launched Starr Gate, a new general aviation policy for pilots who rent aircrafts. The coverage offers “high-definition underwriting” and usage-based pricing with a tool designed to improve a pilot’s skills through access to CloudAhoy, a third-party, …

Huhn-Kenzik to Lead New Sompo Environmental Unit for U.S.

Sompo International Holdings Ltd., a Bermuda-based specialty property,/casualty insurer, has launched a U.S. Insurance Environmental unit that augments its existing capabilities currently available through its Sompo Global Risk Solutions industry verticals. In addition to Sompo International’s current environmental offerings, the …

BHSI Launches Environmental Impairment Liability Insurance in France

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Environmental Impairment Liability (EIL) Insurance in France. The new policy pairs coverage for multiple environmental risks with technical and legal support to help insureds mitigate environmental incidents and claims. BHSI said the policy …

The Hartford, AARP Extend Member Insurance Program to 2033

The Hartford has extended its long-standing auto and home insurance program for AARP members until Jan. 1, 2033. The Hartford’s program has been endorsed by the retired persons’ association for 35 years. Since launching in 1984, it has developed into …

Neptune Flood, Plymouth Rock to Offer Flood Coverage in Northeast

Neptune Flood, an AI-driven flood insurance company, has partnered with Northeastern auto and home insurance provider Plymouth Rock Assurance to offer flood insurance coverage through its network of independent agents. Plymouth Rock provides coverage to drivers and property ownersa cross …

PAK Programs Expands Drone Risk Assessment Service to Breweries

PAK Programs, a specialty insurer of alcoholic beverage manufacturers and distributors, has expanded its Insurance Risk Assessment Drone (iRAD) program, previously only available for wineries, to serve the craft beer industry. iRAD will provide breweries with property inspections to support …

The Hanover Enhances Accountants Professional Lines Product

The Hanover Insurance Group, Inc. has added enhancements to its Hanover Accountants Professional Advantage product and its Hanover Allied Healthcare Advantage offering. Hanover Accountants Professional Advantage offers standalone coverage for a range of professionals, from small tax preparers to top …

AXA XL Construction Ecosystem Platform Offers Risk Insights for Contractors

AXA XL’s North America Construction insurance business is launching the Construction Ecosystem, a digital platform that aggregates data to provide AXA XL’s contractor clients with insights to help manage risks on their jobsites and across their organizations. Starting in June, …