Program Business News

Survey: Specialty Carriers Look to Grow Through Program Business in 2013

Guy Carpenter & Co., LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos., has released the findings of its eighth annual Specialty Insurance Program Issuing Carrier Survey. The survey, which analyzes trends and benchmarks movement …

Why Restaurant Franchises Make Good Program Business

One industry segment ideal for the program market and somewhat immune to the effects of a battered economy is the fast-food, multi-unit restaurant franchise industry, the experts say. The larger a company grows, the slower its rate of growth. But …

RSG’s Sapphire Blue, Catlin Agencies Launch Rural, Specialty Hospital Program

Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. have launched a new liability insurance program specifically for U.S. small rural and specialty hospitals. The program features claims management processing and a risk management component provided by …

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, …

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 …