Insurance Journal » Markets/Coverages http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Mon, 31 Aug 2015 19:11:19 +0000 en-US hourly 1 http://wordpress.org/?v=4.3 BoatUS Launches Peer-to-Peer Boat Insurance Program http://www.insurancejournal.com/news/national/2015/08/28/380024.htm Fri, 28 Aug 2015 16:59:22 +0000 http://www.insurancejournal.com/?p=380024 BoatUS has launched a boat rental insurance policy available for rentals through Boatbound, a nationwide boat rental marketplace. The new Peer-to-Peer Boat Rental Policy covers the rental period and is designed specifically to meet the needs of this new and …

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Glatfelter Launches Risk Management Tool for Long Term Care Facilities http://www.insurancejournal.com/news/national/2015/08/27/379903.htm Thu, 27 Aug 2015 16:59:12 +0000 http://www.insurancejournal.com/?p=379903 Glatfelter Healthcare Practice, an insurance program serving senior living facilities, home health care and other private homecare agencies, and VorroHealth, a provider of clinical, AR/billing and interoperable technology for healthcare, have released ACTUM, a fully integrated offering to complement VorroHealth’s …

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Hudson Crop Launches Total Revenue Coverage http://www.insurancejournal.com/news/national/2015/08/26/379654.htm Wed, 26 Aug 2015 05:21:40 +0000 http://www.insurancejournal.com/?p=379654 Hudson Insurance Co. has added Total Revenue Coverage (TRC) to Hudson Crop’s suite of private products. TRC is a supplemental insurance policy to multi-peril crop insurance (MPCI) that offers farmers a single, firm, crop revenue guarantee at the time of …

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Association of National Advertisers Launches Patent Troll Insurance http://www.insurancejournal.com/news/national/2015/08/25/379594.htm Tue, 25 Aug 2015 16:59:14 +0000 http://www.insurancejournal.com/?p=379594 The ANA (Association of National Advertisers) has launched an insurance program to protect marketers against the expense of Patent Assertion Entities (PAEs), often known as “patent trolls.” PAEs are firms with the sole business purpose of launching patent claims against …

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ProSight Specialty, Allied Insurance Brokers Launch Scaffold Insurance Program http://www.insurancejournal.com/news/national/2015/08/24/379447.htm Mon, 24 Aug 2015 16:59:32 +0000 http://www.insurancejournal.com/?p=379447 ProSight Specialty Insurance has partnered with Allied Insurance Brokers to offer coverage for the scaffolding industry. According to The Occupational Safety and Health Administration (OSHA) it is estimated that 65 percent of construction workers spend some time working on scaffolds, …

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ACE Commercial Expands Small Business Specialty Offerings Online http://www.insurancejournal.com/news/national/2015/08/20/379096.htm Thu, 20 Aug 2015 12:04:44 +0000 http://www.insurancejournal.com/?p=379096 ACE Commercial Risk Services (ACE CRS) announced several new products that expand its suite of specialty commercial products for small businesses. The products are available through ACE Solutions Fast Track, an online small business underwriting and quoting platform. The new products and …

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ACE Offers New D&O Products in Germany; Dünkeloh Named Financial Lines Mgr. http://www.insurancejournal.com/news/international/2015/08/17/378692.htm Mon, 17 Aug 2015 11:16:20 +0000 http://www.insurancejournal.com/?p=378692 ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as it continues to respond to the rapidly evolving management liability cover needs of companies in Europe’s biggest economy. ACE D&O …

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ISO Offers Insurers New Roof Rating Tool http://www.insurancejournal.com/news/national/2015/08/14/378574.htm Fri, 14 Aug 2015 13:43:09 +0000 http://www.insurancejournal.com/?p=378574 Verisk Insurance Solutions has introduced new rating tools and coverage options through its ISO business to help insurers address the quality and age of roof materials. The newly developed rating factors are designed to assist insurers in pricing policies based …

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Zurich Upgrades Coverage for Asset Managers as Regulatory Risk Grows http://www.insurancejournal.com/news/national/2015/08/13/378506.htm Thu, 13 Aug 2015 17:01:22 +0000 http://www.insurancejournal.com/?p=378506 Zurich North America has revised its liability policy for investment advisers, mutual fund and hedge fund managers. Zurich says it has made the changes in response to a rise in regulatory risk fueled by new investigative approaches used by the …

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Zurich Launches Management Liability Offering for SMEs in Australia http://www.insurancejournal.com/news/international/2015/08/13/378446.htm Thu, 13 Aug 2015 10:55:38 +0000 http://www.insurancejournal.com/?p=378446 Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via “Z.stream,” the company’s electronic broking system. Z.stream* already …

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Main Street America Introduces New Private Passenger Auto Program in Va. http://www.insurancejournal.com/news/east/2015/08/12/378302.htm Wed, 12 Aug 2015 16:23:04 +0000 http://www.insurancejournal.com/?p=378302 The Main Street America Group announced the introduction of Main Street Protection Auto, its new private passenger auto insurance program for Virginia via its statewide network of independent insurance agents. Product highlights include 20 different types of discounts and a …

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The Hartford Expands Liability Coverage For Asset Managers http://www.insurancejournal.com/news/national/2015/08/11/378078.htm Tue, 11 Aug 2015 13:32:57 +0000 http://www.insurancejournal.com/?p=378078 The Hartford has expanded its management and professional liability insurance for asset management firms of all sizes, offering a blended liability policy with new and extended coverage to address key cyber and regulatory risks. “Today’s asset management firms operate in …

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R-T Specialty Division Launches Retired Directors Policy with Full Binding Authority http://www.insurancejournal.com/news/national/2015/08/11/377963.htm Tue, 11 Aug 2015 08:00:46 +0000 http://www.insurancejournal.com/?p=377963 R-T Specialty, LLC’s Retired Directors Assurance Underwriting Services, a division of R-T Specialty, LLC, has a new binding authority for the Retired Directors Assurance (RDA) policy, which provides contingent liability coverage for individual retired Directors (Side A Coverage) on a …

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ANV Launches EPLI Risk Management Hotline http://www.insurancejournal.com/news/national/2015/08/10/377960.htm Mon, 10 Aug 2015 08:08:18 +0000 http://www.insurancejournal.com/?p=377960 ANV Global Services Inc., the North American managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched a new risk management hotline for its employment practices liability insurance (EPLI) policyholders in North America. The EPLI hotline will …

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Allied World Enhances Professional Risk-Transfer Product http://www.insurancejournal.com/news/national/2015/08/07/377892.htm Fri, 07 Aug 2015 16:59:23 +0000 http://www.insurancejournal.com/?p=377892 Allied World North America has introduced an enhanced professional risk-transfer organization (PRO) professional liability product. The product offers greater flexibility and a more responsive design, enabling clients to select and use only the coverages they need by choosing from an …

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TUMI Launches Dump Truck Insurance Program http://www.insurancejournal.com/news/national/2015/08/04/377455.htm Tue, 04 Aug 2015 16:49:08 +0000 http://www.insurancejournal.com/?p=377455 Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has established a relationship with an ‘A’ rated carrier as well as an ‘A++’ rated reinsurer to underwrite insurance for dump truck operators and other aggregate haulers. Coverages include auto liability, …

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PURE Introduces Domestic Staff Workers’ Comp Coverage for Florida Members http://www.insurancejournal.com/news/southeast/2015/08/04/377183.htm Tue, 04 Aug 2015 04:17:38 +0000 http://www.insurancejournal.com/?p=377183 Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has introduced Domestic Workers’ Compensation Insurance for members residing in Florida. The coverage provides protection for trusted and valued domestic employees. “The …

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SASSI Expands Workers’ Comp Program Into Additional States http://www.insurancejournal.com/news/national/2015/07/31/377186.htm Fri, 31 Jul 2015 17:03:48 +0000 http://www.insurancejournal.com/?p=377186 SASSI, the Salon and Spa Specialty Insurance agency, has added an additional market for its workers’ compensation insurance program, enabling the agency to write this coverage in additional states. The program is designed to meet the needs of small to …

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Cloudsurance Launches Insurance Program For Cloud Consumers http://www.insurancejournal.com/news/national/2015/07/30/377024.htm Thu, 30 Jul 2015 16:51:24 +0000 http://www.insurancejournal.com/?p=377024 Cloudsurance has launched a cloud insurance program designed for modern cloud consumers. Cloudsurance is a cloud insurance program designed for cloud consumers and can help mitigate against the inherent risks of cloud computing, such as downtime, data loss and cyber-attack …

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BHSI Launches Bankers Professional Liability Insurance Program http://www.insurancejournal.com/news/national/2015/07/29/376731.htm Wed, 29 Jul 2015 16:59:19 +0000 http://www.insurancejournal.com/?p=376731 Berkshire Hathaway Specialty Insurance (BHSI) today launched Professional First Bankers Professional Liability Insurance in the U.S., adding to its executive and professional liability products for financial institutions. Professional First Bankers Professional Liability Insurance offers banks, their executives and employees, coverage …

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ANV Launches Miscellaneous Professional Liability Program in U.S. http://www.insurancejournal.com/news/national/2015/07/27/376329.htm Mon, 27 Jul 2015 04:50:07 +0000 http://www.insurancejournal.com/?p=376329 ANV Underwriters, the international managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched a new North America Miscellaneous Professional Liability (MPL) product and team. The new MPL product expands ANV’s MGU presence in the U.S. market …

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K&K Launches Student Accident Coverage Website http://www.insurancejournal.com/news/national/2015/07/24/376295.htm Fri, 24 Jul 2015 16:57:34 +0000 http://www.insurancejournal.com/?p=376295 K&K Insurance Group, Inc., a subsidiary of Aon plc, has launched a new website at www.PrivateSchoolK12-kk.com offering K-12 student accident coverage. The website is designed for private, non-boarding K-12 schools and offers the ability to quote and purchase insurance online …

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Heffernan Accepting Submissions for Burning Man Insurance Program http://www.insurancejournal.com/news/national/2015/07/24/376292.htm Fri, 24 Jul 2015 16:51:31 +0000 http://www.insurancejournal.com/?p=376292 Heffernan Insurance Brokers, a nationwide independent insurance brokerage, is now accepting submissions through August 9 for the 2015 Burning Man event. Heffernan’s program, called Insurance on the Playa, offers liability coverage for theme camps, art cars and art installations for …

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Beazley Launches New Insurance Product for Australian Expat Workers http://www.insurancejournal.com/news/international/2015/07/23/376117.htm Thu, 23 Jul 2015 08:31:52 +0000 http://www.insurancejournal.com/?p=376117 Specialist insurer Beazley has launched Expatriate Medical and Emergency Evacuation, a new tailored insurance solution for Australian employees who live and work overseas. The product combines elements of both health and travel insurance to provide comprehensive coverage for expats based …

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India’s Product Recalls Bring New Business for Insurers Such as AIG, Allianz http://www.insurancejournal.com/news/international/2015/07/23/376112.htm Thu, 23 Jul 2015 07:23:48 +0000 http://www.insurancejournal.com/?p=376112 As Nestle SA slugs it out with India’s food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American International Group Inc. is predicting a …

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Berkley Forms Berkley Global Product Recall Management, Hires Lubrano to Lead http://www.insurancejournal.com/news/international/2015/07/21/375930.htm Tue, 21 Jul 2015 16:35:55 +0000 http://www.insurancejournal.com/?p=375930 W.R. Berkley Corp. has formed Berkley Global Product Recall Management, a W. R. Berkley Co., to aid all types of businesses throughout the world in the prevention and management of product recall incidences. Products and services will be available through …

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Hanover Enhances Fidelity, Crime Coverage http://www.insurancejournal.com/news/national/2015/07/21/375919.htm Tue, 21 Jul 2015 16:24:05 +0000 http://www.insurancejournal.com/?p=375919 The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability portfolio. The coverage provides businesses with an enhanced product suite to help protect their employees and companies. The Hanover’s Fidelity …

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CFC Partners With Cyber Security Ratings Firm to Evaluate Insureds’ Cyber Risk http://www.insurancejournal.com/news/national/2015/07/20/375808.htm Mon, 20 Jul 2015 16:57:50 +0000 http://www.insurancejournal.com/?p=375808 Specialist lines underwriting agency CFC has formed a partnership with cyber security ratings agency, BitSight Technologies. CFC will use BitSight’s ratings tool to provide insight into the cyber threats that their clients face. Ratings are calculated on a daily basis …

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San Andreas Movie: Facts Within Fiction http://www.insurancejournal.com/magazines/features/2015/07/20/375096.htm Mon, 20 Jul 2015 00:00:00 +0000 http://www.insurancejournal.com/?p=375096 Released in late spring 2015, the movie San Andreas tells the story of massive earthquakes devastating California as a helicopter pilot and his (formerly estranged) wife try to find and rescue their daughter. Having defeated the likes of genetically engineered …

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Crowdsourcing Pollutant Detection: A Look at the Promise & Perils of Citizen Science http://www.insurancejournal.com/magazines/features/2015/07/20/375089.htm Mon, 20 Jul 2015 00:00:00 +0000 http://www.insurancejournal.com/?p=375089 Far from being a new idea of the 21st century, scientific research conducted by amateur or non-professional scientists has a long and distinguished history. (Think Benjamin Franklin or Charles Darwin, for example.) What is new, however, is the wide array …

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