Markets/Coverages News

Ascent Increases U.S. Medical Billings E&O Limits, Adds Reputational Harm Cover

Ascent Underwriting, a managing general agent (MGA) specializing in emerging and professional risks, has enhanced its CyberPro medical billings errors and omissions product and increased limit availability to $5 million. The insurance product was launched at the end of last …

Liberty Mutual Launches Towing Program Through Trinity Transportation Services

Liberty Mutual Insurance, through its program administrator Trinity Transportation Services, LLC, is now offering coverage for towing companies. The Liberty Mutual Trinity Towing Program offers commercial auto, general liability, property, inland marine and excess/umbrella coverages for towing operations and vehicles. …

Chief Executive Insurance Services Launches Personal Director’s Liability Coverage

Chief Executive Insurance Services has launched an enhanced personal director’s liability (PDL) policy. Coverage is available to members of Chief Executive Group and their spouses, as well as non-members through agents and brokers. This enhanced PDL policy, issued in the …

Aon Launches Custom Liability Product for Railroad Industry

Aon Risk Solutions, the global risk management business of Aon plc, has launched a new product designed to support the railroad industry, including Class I railroads. Called the Cantilever Excess Pollution Liability product, this new offering addresses the railroad industry’s …

Getting a Grip on Ridesharing Coverage

Ridesharing services are becoming increasingly popular among consumers looking for a more convenient alternative to taxis or other forms of public transportation, and start-up ridesharing companies have been cropping up everywhere trying to ride the heels of the success experienced …

CFC Underwriting Launches Intellectual Property Product

Specialist lines underwriting agency CFC has launched an intellectual property product focused on small and medium sized companies. The product can cover the costs associated with a number of intellectual property exposures including infringement. According to Erik Alsegard, Intellectual Property …

MGIS, Stevens & Lee Launch Malpractice Program for Bariatric Surgeons

The MGIS Companies and Stevens & Lee have launched Surgi-Protect, a malpractice insurance program designed specifically for bariatric surgeons and their specific practices. With more than 35 percent of Americans suffering from obesity, which was declared a disease by the …

UFG Launches New Equipment Sales, Rental Product

United Fire Group (UFG) has launched a new equipment sales and rental (ESR) product for agricultural; lawn and garden; industrial, construction or material handling equipment dealers. Using an AAIS product as its foundation, UFG developed several coverage enhancements, including: GAP …

ITC Expands Comparative Rating System, TurboRater, to Nevada

Insurance Technologies Corporation (ITC), a provider of marketing, rating and management software and services, has expanded its comparative rating system TurboRater with its release of automated insurance rating information for personal lines insurance in Nevada. The insurance carriers available today …

New Specialty Insurance Group to Target Sports, Entertainment Markets

Specialty Insurance Group (SIG) has been launched by three specialty and risk insurance veterans, Greg Mosher, David Harris and Lowery Robinson, to provide custom programs for the needs of the sports, leisure and entertainment markets. The SIG team’s product portfolio …