Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
N.Y. Gov. Announces Nearly $4M Awarded to Combat Auto Theft, Insurance Fraud
Jan 12 2015 // New York Gov. Andrew M. Cuomo announced more than $3.7 million in grant funding to fight against motor vehicle theft and insurance fraud. The grant awards will go to district attorneys’ offices and police departments...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
Berkshire Hathaway Specialty Insurance Enters Environmental Segment
Jan 7 2015 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its environmental group. According to Meredith...
AmWINS Launches Small Business Division
Jan 7 2015 // Wholesale broker AmWINS Group Inc. has launched a fifth division, AmWINS Access, which is dedicated to small account binding authority business. In conjunction with the launch of this new division, offices of Gresham &...
Atlas General Insurance Services, LLC, Announces Addition of New Binding Agreement for Its Property DIC Division
Jan 6 2015 // San Diego, CA, January 6, 2015: Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the addition of a new binding agreement for its Property DIC Division. The agreement,...
BusinesFirst Enters Workers’ Compensation Market in Georgia
Dec 16 2014 // BusinessFirst Insurance Co., a monoline workers’ compensation company, is now offering coverage to employers in Georgia. BusinessFirst and affiliate RetailFirst Insurance Co. comprise the RetailFirst Insurance Group....
New York DFS Announces New Cybersecurity Assessment Process for Banks
Dec 10 2014 // New York’s Financial Services Superintendent Benjamin Lawsky today issued an industry guidance letter to all New York Department of Financial Services (DFS)-regulated banks announcing the department’s new,...
Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders
Dec 8 2014 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter...
InsureZone Agency Network Enters Florida, Offering Markets
Dec 5 2014 // Fort Worth, Texas-based InsureZone, a national brokerage and agency network, has launched operations in Florida. The new operation, Florida InsureZone Direct (IZD), is targeting small-to-midsized insurance agencies,...
ACE Commercial Risk Launches Small Business Vacancy Protection
Dec 3 2014 // ACE Commercial Risk Services has launched new Vacant Building and Vacant Land insurance products for select small businesses to address the potential risks harbored within unoccupied properties. The products include an...
Berkshire Hathaway Specialty Unveils New D&O Policy
Nov 19 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has unveiled its Executive First Side A Difference-in-Conditions (DIC) Directors & Officers Liability Policy, which provides protection for individual directors and...
Blue River Underwriters D. Scott Tramel and John Searles Launch USL&H and Maritime Employers Liability Insurance Program
Nov 6 2014 // KENNESAW, GA, November 6, 2014 — Blue River Underwriters, a division of Breckenridge Insurance Group, has introduced a new United States Longshoreman and Harbor Workers Act (USL&H) and Maritime Employers Liability...
Allied World North America Launches E&O Coverage for Professional Services
Nov 5 2014 // Allied World North America has launched Privacy//403 SRVS PRO, the latest product in the company’s suite of errors and omissions (E&O) products Privacy//403 SRVS PRO builds on the Specified Response Vendor...
RLI Launches Healthcare Liability Division
Oct 23 2014 // Specialty insurer RLI Corp. of Peoria, Ill., has launched a new healthcare liability unit, RLI Healthcare, and tapped Scott Ducey, former vice president of the healthcare division at Torus, to lead the new division as vice...
Progressive Announces New Boat Coverages in Florida
Oct 22 2014 // The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts....
Starr Launches Cyber Security & Privacy Risk Response on a Primary Basis
Oct 22 2014 // Starr Companies has launched Security & Privacy Risk Response, a cyber insurance offering that contains coverage for both first- and third-party costs. It is available on a primary basis and supplements Starr’s...
SterlingRisk Insurance Launches Aircraft Business Income Cover
Oct 21 2014 // SterlingRisk Insurance, a privately-owned brokerage based in Woodbury, N.Y., has launched aircraft business income coverage designed for both the aircraft owner and operator to protect their expected charter revenue from...
Erie Insurance Group Enters Kentucky Market
Oct 21 2014 // Erie Insurance Group has begun to offer its products in the Kentucky market. The Erie, Pennsylvania-based insurer said its entry into Kentucky marks its first geographic expansion in more than 10 years. Erie Insurance said...
Atlas General Insurance Services, LLC, Announces New Workers’ Compensation Program With Torus
Oct 20 2014 // San Diego, CA, October 20, 2014– Atlas General Insurance Services, LLC, a national multi-line program manager, today announced it has entered into a partnership with the global specialty insurer, Torus, to offer a new...
Ex-U.S. Security Chief Ridge, Guy Carpenter, Lloyd’s Launch Cyber Policy
Oct 7 2014 // Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions Co., a new Lloyd’s managing agency led by Tom Ridge, former U.S. secretary...