Insurance Journal » Markets/Coverages http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Tue, 07 Jul 2015 19:00:14 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 Ironshore Launches Boat Program with National Boat Owners Association http://www.insurancejournal.com/news/national/2015/07/06/374187.htm Mon, 06 Jul 2015 16:59:00 +0000 http://www.insurancejournal.com/?p=374187 Ironshore Inc. has introduced a new boat and yacht insurance program in collaboration with the National Boat Owners Association (NBOA) to be available nationwide.  Ironshore Premier Watercraft program, which will be offered exclusively by NBOA, provides comprehensive cover for watercraft …

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SkiSafe Expands Sailboat Coverage to Live Aboard Vessels http://www.insurancejournal.com/news/national/2015/07/02/374042.htm Thu, 02 Jul 2015 16:54:17 +0000 http://www.insurancejournal.com/?p=374042 SkiSafe insurance has broadened its underwriting guidelines for its Sailboat Insurance program to provide coverage for sailboat risks with live aboard exposures.  In addition to the clientele of sailors already utilizing the SkiSafe program for protection against vessel damage, liability …

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Beazley Launches Business Travel Insurance in Australia http://www.insurancejournal.com/news/international/2015/07/02/373952.htm Thu, 02 Jul 2015 09:15:25 +0000 http://www.insurancejournal.com/?p=373952 Specialist insurer Beazley has launched its first international business travel insurance product in the Australian market. Beazley Corporate Travel Insurance will be offered to Australian brokers and coverholders. Beazley Corporate Travel Insurance provides specialist cover for business travelers, such as overseas …

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New Empire Group Expands Program for Property Managers http://www.insurancejournal.com/news/national/2015/07/01/373718.htm Wed, 01 Jul 2015 16:58:05 +0000 http://www.insurancejournal.com/?p=373718 New Empire Group has expanded its property managers’ portfolio to include coverage for real estate agents & brokers, real estate consulting, construction management, asset management, property preservation, escrow agents, bookkeepers and more. New Empire Group’s professional liability program for property …

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ACE Introduces Online System for Quoting Boats http://www.insurancejournal.com/news/national/2015/06/30/373503.htm Tue, 30 Jun 2015 16:36:07 +0000 http://www.insurancejournal.com/?p=373503 ACE Group has launched a new online tool, ACE EZQuote, that allows independent agents and brokers to generate a bindable quote for boats in less than four minutes. Available through its ACE Recreational Marine Insurance business, ACE EZQuote works for …

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Synergy Professional Associates Expands Lawyers Program to Washington http://www.insurancejournal.com/news/west/2015/06/26/373216.htm Fri, 26 Jun 2015 16:07:57 +0000 http://www.insurancejournal.com/?p=373216 Synergy Professional Associates has launched a new lawyers professional liability program focused on small law firms in the state of Washington, in partnership with AmTrust Underwriters Inc., an AmTrust Financial Company. The new facility targets small law firms from one …

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Ironshore Launches Security Endorsement for High Net Worth Insureds http://www.insurancejournal.com/news/national/2015/06/26/373211.htm Fri, 26 Jun 2015 15:59:00 +0000 http://www.insurancejournal.com/?p=373211 Ironshore Personal Lines is introducing a Home and Family Security Endorsement to its High Value Homeowner Program to broaden coverage for losses arising from random attacks or situations impacting high net worth families.  Designed to meet the needs of high …

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Beazley Introduces Fraudulent Instruction Insurance http://www.insurancejournal.com/news/national/2015/06/25/373033.htm Thu, 25 Jun 2015 16:38:25 +0000 http://www.insurancejournal.com/?p=373033 Beazley has introduced fraudulent instruction insurance, a new coverage to address losses from the transfer of funds as a result of fraudulent instructions from a person purporting to be a vendor, client or authorized employee. The new endorsement, which has …

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Howden & Insurisx Launch Technology Platform to Help Prevent Cyber Attacks http://www.insurancejournal.com/news/international/2015/06/25/372949.htm Thu, 25 Jun 2015 09:11:15 +0000 http://www.insurancejournal.com/?p=372949 Howden, the London-based international broking arm of Hyperion Insurance Group, and cyber insurance technology specialists Insurisx Inc. have launched a technology-based platform, designed to help clients of all sizes improve security and resilience from potential cyber attacks. The companies said …

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BHSI Launches E&O Coverage for Insurance Executives, Employees http://www.insurancejournal.com/news/national/2015/06/24/372846.htm Wed, 24 Jun 2015 15:34:47 +0000 http://www.insurancejournal.com/?p=372846 Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Insurance Company Professional Liability Insurance, which provides customizable coverage for U.S. insurance companies, their executives and employees. The policy provides coverage for claims arising from alleged errors or omissions in the …

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USAA Piloting Auto Insurance Quotes in California Through Google Compare http://www.insurancejournal.com/news/national/2015/06/23/372730.htm Tue, 23 Jun 2015 16:58:41 +0000 http://www.insurancejournal.com/?p=372730 California drivers shopping for auto insurance online can now receive USAA rate quotes and coverage information in their Google search results through the Google Compare service that debuted in March 2015. USAA is piloting the program in California in an …

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GEICO Expands Ridesharing Coverage to Georgia http://www.insurancejournal.com/news/southeast/2015/06/22/372602.htm Mon, 22 Jun 2015 16:58:37 +0000 http://www.insurancejournal.com/?p=372602 GEICO has continued the expansion of its new auto insurance product for drivers of transportation network companies (TNC) with the addition of Georgia. GEICO offers ridesharing coverage through GEICO Commercial at a price lower than taxi and commercial rates. GEICO …

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Bankers Healthcare Group Launches Agency for Healthcare Professionals http://www.insurancejournal.com/news/national/2015/06/19/372383.htm Fri, 19 Jun 2015 05:53:20 +0000 http://www.insurancejournal.com/?p=372383 In partnership with The Capacity Group, an insurance and financial services organization, the founders of Bankers Healthcare Group (BHG) have launched BHG Insurance Services (BHGIS), a licensed agency designed to provide customized insurance exclusively to healthcare professionals. BHG President and …

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General Star Expands Admitted Architects & Engineer Coverage to 3 Southeast States http://www.insurancejournal.com/news/southeast/2015/06/18/372287.htm Thu, 18 Jun 2015 16:59:35 +0000 http://www.insurancejournal.com/?p=372287 General Star has expanded its Architects and Engineers Professional Liability program on an admitted basis in North Carolina, South Carolina and Georgia. These three states join New York, New Jersey and Pennsylvania as territories in which admitted paper is obtainable. …

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JLT Specialty, Keeper Security Form Client Data Protection Partnership http://www.insurancejournal.com/news/national/2015/06/18/372280.htm Thu, 18 Jun 2015 16:57:04 +0000 http://www.insurancejournal.com/?p=372280 JLT Specialty Insurance Services Inc. (JLT Specialty USA), and Keeper Security, Inc., a password manager and digital vault, have formed a partnership designed to offer clients a tool to protect confidential and private information and improve their underwriting risk profile. …

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Marsh Launches Diagnostic Tool to Estimate Clients’ Total Cost of Risk http://www.insurancejournal.com/news/national/2015/06/17/372125.htm Wed, 17 Jun 2015 16:53:38 +0000 http://www.insurancejournal.com/?p=372125 Marsh has unveiled a new casualty cost diagnostic tool powered by its analytics that provides clients enhanced awareness of their casualty program costs and trends and shares strategies on how to further control their casualty total cost of risk (TCOR). …

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The Hartford Expands Professional Liability Products to Small Business http://www.insurancejournal.com/news/national/2015/06/16/371964.htm Tue, 16 Jun 2015 16:53:46 +0000 http://www.insurancejournal.com/?p=371964 The Hartford has launched a new professional liability insurance offering to help protect small businesses in the event they are sued by a customer claiming a negligent act, or error or omission in the professional services they provide. This new …

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ACE Launches General Liability Offering for Multinational Middle-Market Companies http://www.insurancejournal.com/news/national/2015/06/15/371828.htm Mon, 15 Jun 2015 16:57:36 +0000 http://www.insurancejournal.com/?p=371828 ACE Group has launched a new insurance offering that combines domestic general liability coverage and international general liability coverage for U.S. middle-market companies that are expanding globally. The policy brings together underwriting of ACE Westchester, the company’s excess and surplus …

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PURE Launches Cyber Program for High-Net Worth Segment http://www.insurancejournal.com/news/national/2015/06/12/371637.htm Fri, 12 Jun 2015 16:01:18 +0000 http://www.insurancejournal.com/?p=371637 Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has partnered with security firm Concentric Advisors to offer CyberSafe Solutions. The program is designed to help individuals better assess, prevent, detect …

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Directors & Officers Could Be Liable for Cyber Attacks: Marsh http://www.insurancejournal.com/news/international/2015/06/12/371610.htm Fri, 12 Jun 2015 14:05:45 +0000 http://www.insurancejournal.com/?p=371610 Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an attack against their firm occur, according to …

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Fidelis Group Holdings Launches Master Port Risk Program for Maritime Industry http://www.insurancejournal.com/news/national/2015/06/11/371500.htm Thu, 11 Jun 2015 16:58:05 +0000 http://www.insurancejournal.com/?p=371500 Fidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd. (CUL), have launched a new Master Port Risk Program. According to H. Elder Brown, Jr., president and chief executive officer the Master Port Risk Program provides commercial vessel owners, mortgagees …

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Ironshore Establishes Real Estate Industry Practice, Taps Mazman to Lead http://www.insurancejournal.com/news/national/2015/06/11/371490.htm Thu, 11 Jun 2015 16:47:33 +0000 http://www.insurancejournal.com/?p=371490 Ironshore Inc. has named Edward Mazman to lead the newly-established Real Estate Industry Practice group.  Mazman, based in Boston, will assume the role in addition to his current responsibilities serving as executive vice president of the Ironshore U.S. Property unit. …

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MarketScout Launches New High Net Worth Underwriting Facility http://www.insurancejournal.com/news/national/2015/06/10/371155.htm Wed, 10 Jun 2015 16:54:34 +0000 http://www.insurancejournal.com/?p=371155 MarketScout, the national electronic insurance exchange and specialty MGA, has expanded its specialty high net worth underwriting practice with the addition of a new non-admitted $3.1 billion facility targeting agents with specialty expertise in the high net worth homeowners segment. …

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BHSI, Irwin Siegel Agency to Offer Human, Social Service Program http://www.insurancejournal.com/news/national/2015/06/09/371000.htm Tue, 09 Jun 2015 16:59:23 +0000 http://www.insurancejournal.com/?p=371000 Berkshire Hathaway Specialty Insurance Company (BHSI) and Irwin Siegel Agency, Inc. have entered into an underwriting agreement to provide insurance products for the human and social service industry. The multi-line insurance solutions are designed for a wide range of organizations, …

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XL Catlin Launches 24/7 Product Recall Crisis Network in Asia http://www.insurancejournal.com/news/international/2015/06/09/370961.htm Tue, 09 Jun 2015 14:48:47 +0000 http://www.insurancejournal.com/?p=370961 XL Catlin announced that its product recall insurance team in Asia has launched ”Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global communications company Bell Pottinger. With established networks in …

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BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors http://www.insurancejournal.com/news/international/2015/06/09/370917.htm Tue, 09 Jun 2015 08:41:04 +0000 http://www.insurancejournal.com/?p=370917 Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension and benefit plans and their directors, officers and employees. “Our Executive First™ Fiduciary …

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K&K Launches New Program for Franchised RV Dealers http://www.insurancejournal.com/news/national/2015/06/08/370862.htm Mon, 08 Jun 2015 16:48:05 +0000 http://www.insurancejournal.com/?p=370862 K&K Insurance Group, Inc., a subsidiary of Aon plc, has launched an expansion of its franchised powersport dealership program adding recreational vehicle (RV) dealers. RV dealers will now have access to the program joining the motorcycle, personal watercraft, snowmobile and …

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Beecher Carlson Releases Cyber Business Interruption Calculator http://www.insurancejournal.com/news/national/2015/06/08/370830.htm Mon, 08 Jun 2015 15:55:31 +0000 http://www.insurancejournal.com/?p=370830 Insurance broker Beecher Carlson has launched a cloud-based application service called CyberSelect BI Vision to help educate policyholders on their exposure to business interruption losses from cyber risk. The app is a cyber business interruption calculator that companies can use …

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Allstate to Offer Ridesharing Endorsement in Four States http://www.insurancejournal.com/news/national/2015/06/05/370722.htm Fri, 05 Jun 2015 16:59:17 +0000 http://www.insurancejournal.com/?p=370722 Allstate has launched a “Ride for Hire” endorsement for qualified transportation network company drivers that will be available in four states – Colorado, Illinois, Texas, and Virginia – by the end of this year. The Allstate Ride for Hire endorsement …

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ProSight Specialty Launches Insurance Program for Drone Operators http://www.insurancejournal.com/news/national/2015/06/05/370708.htm Fri, 05 Jun 2015 16:34:07 +0000 http://www.insurancejournal.com/?p=370708 ProSight Specialty Insurance has launched a new insurance offering for drone operators. The proprietary program was developed from the company’s experience in insuring drone use in the film and live media industries and redefines “aircraft” to eliminate the exclusion for …

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