Program Business News

The Hanover, OMS National Offer P/C Program to OMS Surgeons

The Hanover Insurance Group has joined forces with OMS National Insurance Co., RRG (OMSNIC) to offer a program of property/casualty insurance products to OMSNIC’s insured oral and maxillofacial surgeons (OMS). The Hanover’s products will be distributed through OMSNIC and The …

Swett & Crawford Acquires Southern Hospitality Underwriters of Georgia

In an expansion of its specialized program business, Swett & Crawford has acquired the assets of Griffin, Georgia -based Southern Hospitality Underwriters Inc. (SHU), a regional firm specializing in business insurance for the limited service hotel/motel space. SHU, founded in …

All Risks Launches National Program for Ice Rink Industry

All Risks, Ltd.’s National Specialty Programs unit has introduced an ice rink insurance program, called RinkPro. This nationwide insurance program is supported by a program manager and a carrier rated “A XV” by A.M. Best, featuring claim and loss control …

HIIG Energy, CAA Partner on Engineered Risk Energy Program

Combined Agents of America LLC (CAA) and HIIG Energy, a member of Houston International Insurance Group (HIIG), have teamed up to develop the CAA Engineered Risk Energy Program. The program is exclusive to CAA member agencies in Texas, and available …

National Interstate Launches New Fuel Distribution Insurance Program

National Interstate Insurance Co., a Richfield, Ohio-based provider of transportation insurance, announced that effective Jan. 1, 2013, it will complement its long-standing captive fuel distribution business by offering a new traditional insurance program. The new fuel distribution program will focus …

Program Specialists: Thriving in All Market Conditions

There is a strain of thinking that says generalists can adapt and survive in most environments whereas specialists are more at the mercy of their environment. That may be the case for some species but it’s increasingly not the case …

K&K Insurance Group Offers New Program for Walk/Run Events

Fort Wayne, Ind.-based K&K Insurance Group Inc., a sister company to Affinity Insurance Services Inc. and a managing general underwriter, has announced a new specialty program designed for groups organizing walk or run events. The Walk/Run Event Program provides liability …

RLI Launches Security Guard, Alarm Systems Liability Product

RLI Corp. has launched a new security guard and alarm systems liability insurance product. RLI has hired Mitchell Bombet, director, underwriting, to manage this new product line. RLI will provide primary and excess liability insurance coverage for security guard and …

Program Business Hits $24.7B in 2011: Study

The program business market reached $24.7 billion in gross written premiums in 2011, up from $22.6 billion in 2010, according to a new industry study. Premium revenues increased 5 percent, according to the “State of Program Business Study” conducted by …

Alteris Acquires Sonoma Risk, Contract Litigation Insurance Program

Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has acquired Sonoma Risk Insurance Agency, a litigation products provider and the first agency in the U.S. providing contract litigation insurance (CLI). Sonoma Risk Insurance Agency is based in …