Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Insurance Industry Charitable Foundation Launches Chicago/Midwestern Division
Apr 14 2011 // The Insurance Industry Charitable Foundation has launched a Chicago/Midwestern Division. Presently operating a California/Western Division and a New York/Northeast Division, the Foundation has expanded to include a third...
Target Markets Announces Program Business Research Project
Apr 14 2011 // The Target Markets Program Administrators Association (TMPAA) will begin research to document the size, characteristics, growth and other base-line information about the program business market. The “State of Program...
Take1 Insurance Launches Coverage for ‘Docu-Soap’ Television Producers
Apr 13 2011 // Take1, entertainment division of the U.S. Risk Insurance Group, will now cover “docu-soaps,” a new segment of the television production market, under its DICE (Documentary, Infomercial, Commercial, Educational)...
KnightBrook Enters Lawyer’s Liability Market in Pa.
Apr 6 2011 // KnightBrook Insurance Co., a premier specialty insurance company underwriting niche program business, will be entering the legal malpractice insurance market in Pa. The KnightBrook Legal Malpractice program in Pa. is...
Ironshore Canada Launches Specialty Casualty Division
Mar 28 2011 // Ironshore Canada Ltd. created a specialty casualty division to underwrite insurance coverages for general liability, as well as umbrella and excess liability programs. Stephen Stewart has been named vice president to head...
Protective Specialty Announces Expansion of Professional Liability Product Offerings
Mar 25 2011 // Indianapolis, Ind. – Mar 25 2011 – Protective Specialty Insurance Company (PSIC) has expanded its product offerings to include Technology Professional Liability, Architects and Engineers Professional Liability...
MetLife Auto & Home Launches Combo Package Policy in 28 States
Mar 18 2011 // MetLife Auto & Home has will roll out its personal lines “combo” policy into 28 new states over the course of 2011. The policy combines multiple insurance products into one package with one bill and one...
Lloyd’s Insurer Kiln Enters Liability Market
Mar 17 2011 // Kiln, the international insurance and reinsurance underwriting group, and a subsidiary of the Tokio Marine group, announced that it has launched a new Liability function to underwrite and support general liability...
American Claims Management Announces New Business Relationship With Sparta
Mar 14 2011 // San Diego, CA, 3/14/11 – American Claims Management, Inc. (ACM) announced a new business relationship with SPARTA Insurance. Effective March 1, 2011, ACM began handling workers’ compensation claims for policies...
Specialty Insurance Managers Launches Energy Division, Program
Mar 7 2011 // Austin, Texas-based Specialty Insurance Managers Inc. announced it has created a new Energy Division and hired Randy Bila as lead underwriter/broker. Bila has headed SIM’s general lines department for 19...
Preferred Concepts Launches Auto Industry Division
Mar 4 2011 // Preferred Concepts, LLC, a national insurance program administrator, has established an automotive industry underwriting unit, SeaFire Insurance Services a division that initially will specialize in franchise auto dealers,...
Republicans to Re-launch U.S. Flood Insurance Overhaul
Mar 4 2011 // Draft legislation to overhaul the U.S. National Flood Insurance Program will be unveiled next week, said the Republican chairman of a congressional insurance oversight panel Thursday. Representative Judy Biggert told...
Berkshire Hathaway Enters India Insurance Market
Mar 4 2011 // Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said. Berkshire made no investment in Bajaj, but will sell policies for...
Business Risk Partners Launches Combo GL, E&O Coverage for Home Inspectors
Feb 16 2011 // Business Risk Partners is now offering general liability coverage to home inspector firms that purchase errors & omissions insurance. Bundling the two products addresses the increasingly grey areas between GL and...
Nashville Launches Flood Preparedness Program
Feb 16 2011 // Nashville Mayor Karl Dean says the city has assembled a team to develop a unified flood preparedness program to lessen the damages that could be caused by future flood events in Nashville and Davidson County. The process...
The Hartford Launches Workers Comp Guide For Business Owners
Feb 14 2011 // The Hartford Financial Services Group, Inc. has introduced an e-learning guide designed to clarify and simplify workers’ compensation insurance. The Hartford developed the new online resource for business owners and...
Chartis Launches Tender Offer for All Shares of Fuji Fire and Marine
Feb 10 2011 // Chartis Inc., the general insurance subsidiary of American International Group has announced a cash tender offer through its wholly-owned subsidiary, Chartis Japan Capital Company LLC (Chartis Japan LLC), for all common...
Cooper Gay Launches European Markets Integrated Trading Unit
Feb 2 2011 // London-based Cooper Gay, an independent global wholesale, reinsurance and specialist retail insurance broker, has launched Cooper Gay European Markets, which it describes as an “integrated trading unit to provide...
Allianz Global Corporate & Specialty Launches New Website
Jan 19 2011 // Allianz Global Corporate & Specialty (AGCS) has published a new corporate website, featuring “an extensive knowledge section and other enhancements to keep its clients, brokers, business partners, press and any...
Chartis Launches Hospitality Industry Coverage Enhancements
Jan 18 2011 // Chartis has introduced a series of coverage enhancements, developed by its Commercial Casualty division, to address the unique casualty exposures of the hospitality industry. The coverages are part of a suite of primary...
