April 12, 2013
The ACE Group has formed ACE Agribusiness, an agriculture property and casualty insurance business. ACE Agribusiness is comprised of Penn Millers Insurance Co., acquired by ACE in 2011, and the Farm and Ranch division of Rain and Hail Insurance Service, …
April 12, 2013
Marine insurance intermediary Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers and includes recompense in respect of unpaid crew wages. The policy will enable all employers of seafarers …
April 10, 2013
Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has formed a specialty marine, energy and construction unit within its US Insurance business, led by Anthony S. Carroll who has been named executive vice president. The unit complements Aspen …
April 8, 2013
BOLT Solutions, Inc. has entered into an agreement with Aon Affinity, the consumer, association and group program business of Aon plc to provide the National Federation of Independent Business (NFIB) with a new online small commercial program for its members. …
April 5, 2013
Wholesaler KF&B, Inc. has launched a new auto liability program for buses with up to $5 million in liability limits. The program is available in all 50 states through admitted carrier ProSight Specialty Insurance. It is designed for charter, sightseeing, …
April 3, 2013
New managing general agency Risk Point, LLC, is now accepting applications from independent agents and brokers throughout the United States to provide automobile dealer physical damage coverage for qualified franchised and non-franchised dealerships. Risk Point’s vehicle inventory program is available …
April 2, 2013
Fireman’s Fund Insurance Co. has expanded its coverage for entertainment events and productions to smaller special events with the short term event program (STEP). The entertainment division at Fireman’s Fund is partnering with R.V. Nuccio & Associates, Inc., an agency …
March 26, 2013
ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a foreign casualty pollution liability coverage endorsement. This new endorsement provides a limited pollution coverage extension in conjunction with ACE ATLAS CMP, ACE’s U.S. Controlled Master Program (CMP) …
March 25, 2013
American International Group, Inc. (AIG) has launched Collateral Flex Option (CFO), a new risk financing option for companies with large deductible casualty insurance programs in the U.S. CFO provides an alternative for companies that would otherwise need to tie up …
March 22, 2013
Philadelphia Insurance Companies (PHLY) has launched a new insurance coverage offering for both media companies and organizations that create or distribute media content called Cover Pro Media. PHLY’s coverage addresses both online and ‘offline’ exposures that social media, publishing, film …