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ACE Launches Agriculture P&C Business

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, …

Seacurus Launches Marine Insurance Coverage for Unpaid Crew Wages

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 …

Aspen US Forms New Marine, Energy, Construction Unit

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 …

Bolt, Aon Affinity to Offer New Online Small Commercial Program to NFIB Members

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. …

KF&B Launches New Bus Program

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, …

Risk Point, LLC Seeks Agents for New Auto Dealer Physical Damage Program

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 …

Fireman’s Fund Launches Short Term Event Program

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 …

ACE Launches Borderless International Pollution Liability Coverage

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) …

AIG Introduces Risk Financing Option for U.S. Casualty Clients

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 …

Philadelphia Launches New Media Liability Coverage

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 …