Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage
Oct 11 2011 // A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a...
Lloyd’s Enters Florida Reinsurance Market Under Reduced Capital Rule
Oct 7 2011 // Florida has added its first reinsurer from the United Kingdom to a list of reinsurers taking advantage of a state law that reduces reinsurers’ capital requirements. In an effort to attract more private capital to the...
NCPERS Launches Fiduciary Liability Insurance Program with Ullico Casualty
Oct 5 2011 // The Board of Directors of the National Conference on Public Employee Retirement Systems NCPERS, a trade association for public sector funds, has unanimously endorsed Ullico Casualty Group Inc.’s fiduciary liability...
RSA launches Global Specialty Lines
Oct 4 2011 // RSA has combined its risk managed and specialist businesses across the globe to create the Global Specialty Lines (GSL) division. Led by Paul Donaldson, group sales and broker relationships director, the GSL division is...
Harris County Flood Control District Unveils New Flood Mapping Tool
Sep 30 2011 // The Harris County Flood Control District announced it has launched a new tool to help Harris County, Texas, residents gain knowledge about floodplains and their flooding risks. The Flood Education Mapping Tool can be found...
Five Star Specialty Launches Breakdown Service for Bus, Waste Hauler Vehicles
Sep 23 2011 // Five Star Specialty Programs, a division of Crump Insurance Services, Inc., and part of Crump Group, Inc., has launched a new breakdown service to buses and waste hauler vehicles insured through 5Star, the exclusive...
Texas Mutual Announces Safety Group for Oil and Gas Industry
Sep 21 2011 // Texas Mutual Insurance Co. announced a new workers’ compensation safety group: Texas Alliance of Energy Producers (TAEP). The group is open to qualifying businesses in the oil and gas production industry. Members of...
The Hartford Launches Data Breach Coverage For Small Businesses
Sep 19 2011 // While data breaches at large companies continue to dominate the headlines, breaches involving smaller businesses are also on the rise. According to a 2011 report from Verizon Business of more than 760 data breaches...
Appalachian Underwriters Launches Commercial Lines Rater for Auto Dealers
Sep 19 2011 // Appalachian Underwriters, Inc. (AUI) launches a new commercial lines online rater for independent auto dealers, www.xpressdealerpro.com. Xpress DealerPro is the latest installment of enhancements to be integrated into...
Mining Industry Launches Safety Program
Sep 19 2011 // The National Mining Association says it’s launching a program to get companies collaborating so mine operators with poor safety records can learn from those with good ones. The goal is to eliminate deaths and cut...
American Marine, Markel Launch Deductible Reimbursement to Car, Home, Boat Owners
Sep 15 2011 // American Marine Insurance and Markel American Insurance Co. are now offering owners of cars, homes and boats the ability to eliminate their deductible risk. With Zero Deductible, if an accident occurs and the...
Business Risk Partners Launches Lloyd’s-Backed Home Inspectors E&O Coverage
Sep 14 2011 // Business Risk Partners has launched a new standard E&O (errors & omissions) policy form for home inspectors. The policy, underwritten by Lloyd’s of London, reflects improvements across the board as a result...
The Hartford Launches Auto, Home Program for National Wildlife Federation
Sep 13 2011 // The Hartford will provide the National Wildlife Federation’s four million members, partners and supporters with access to its auto and home insurance through a special program that offers discounted rates in most...
Cornerstone Underwriting Partners Launches WC Program for PEO Industry
Sep 9 2011 // Cornerstone Underwriting Partners, LLC (CUP), a nationwide underwriting management company and program administrator that works exclusively with wholesale brokers and specialty program agents, has partnered with national...
Workers’ Comp Ombudsman Program Launched in Minnesota
Sep 8 2011 // The Minnesota Department of Labor and Industry (DLI) has established a new Office of Workers’ Compensation Ombudsman to provide advice and assistance to employees and small businesses. “Our goal is to help...
Allstate Launches Identity Theft Coverage in Calif.
Aug 23 2011 // Approximately 9 million Americans annually are victims of identity theft, spending millions of hours resolving problems associated with having their identity stolen. Allstate Insurance Co. has launched identity theft...
Business Risk Partners Launches Lloyd’s-Backed Miscellaneous E&O Form
Aug 19 2011 // Business Risk Partners (BRP) now offers a new standard professional liability (E&O) policy form for hundreds of service professions. Policies will be underwritten by Lloyd’s of London, the company’s partner...
Universal Insurance Enters Georgia Homeowners Market
Aug 18 2011 // Georgia residents will soon have another choice when it comes to purchasing homeowners insurance. Universal Insurance Holdings Inc. has announced that its wholly-owned subsidiary Universal Property & Casualty Insurance...
Crum & Forster Launches New Service to Protect against Cyber Risk
Aug 17 2011 // Crum & Forster (C&F) has launched a new service to assist policyholders effectively manage and protect against cyber risk. Network attacks and privacy violations are occurring with increasing frequency. Even with...
Ironshore Launches Commercial Crime Coverage Through Pembroke Syndicate
Aug 16 2011 // Ironshore Inc.’s Lloyd’s Pembroke Syndicate 4000 has launched a commercial crime unit as an expansion of its financial lines operations. Sarah Markham has been named director of the new unit, reporting to...
