Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
AIGT Launches MassXpress to Streamline Mass. Automobile Insurance Processing
Dec 16 2003 // American International Technology Enterprises, Inc. a member company of American International Group, doing business as AIG Technologies, or AIGT, announced the launch of MassXpress(TM). It described the new technology as...
AIG Specialty Workers’ Comp Notes Launch of AIG RiskTool System
Dec 10 2003 // AIG Specialty Workers’ Compensation®, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), announced the launch of AIG RiskTool System(SM), an online loss prevention and...
Calif. Commissioner Announces Substantial Reductions in Workers’ Comp Insurers’ Rate Filings
Dec 4 2003 // Insurance Commissioner John Garamendi announced that workers’ compensation pure premium rates filed by insurers to date are below current rates by an average 3.6 percent, a “clear sign” that the historic...
V Unveils Call Center Solution for Detecting Fraudulent Workers’ Comp and Car Claims
Nov 20 2003 // V, a provider of layered voice analysis technology (LVA) in North America and markets throughout the world, announced at the National Workers’ Compensation and Disability Conference this week, immediate availability...
PIACT Launches New Workers Comp Program for Members
Nov 19 2003 // The Professional Insurance Agents of Connecticut Inc. has launched its new “NumberONE Comp program,” which it described as “a monoline workers’ compensation market available to members, for their...
Seibels Bruce Group Unveils Q3 Numbers; Focuses on Strategically Growing Business
Nov 17 2003 // The Seibels Bruce Group, Inc. announced financial results for the quarter that ended Sept. 30, 2003 and other matters. For the third quarter of 2003, the South Carolina-based company reported a net loss of $1.5 million or...
Rent Shield Announces $120 Million Lloyd’s Placement for Investment Property Risk
Nov 4 2003 // Toronto-based Rent Shield Corp, a provider of pass-through risk specialty insurance and reinsurance products, announced that it has received a Binding Agreement from Tysers International Insurance and Reinsurance Brokers...
Speare & Company Entertains a Successful Business Approach
Nov 3 2003 // In our continuing series on Agency Insights, we look at Calif.-based Speare & Company, which offers property/casualty and employee benefits insurance brokerage services and risk management solutions to a wide variety...
Schinnerer Unveils Basic Form Coverage for Technology Firms
Oct 16 2003 // TechVantage, Victor O. Schinnerer’s E&O program for technology professionals, has introduced a new policy form that provides basic coverage to smaller firms at a lower premium and deductible. “The Basic...
Advisen Launches New Version of Information Platform for Commercial Industry
Oct 16 2003 // Advisen, Ltd., a provider of information, analytics and benchmarking for the commercial insurance industry, recently introduced Version 2.0 of its information platform for insurance professionals. The New York-based...
Travelers Property Casualty Unveils ‘Hidden Hazards’ Fire Safety Education Program
Oct 6 2003 // Travelers Property Casualty Corp. will sponsor a public television documentary on fire safety, which will premiere in November on Connecticut Public Television and be available to other stations across the country next...
Fla. Announces New Strategy for Fighting Auto Fraud
Oct 6 2003 // Continuing efforts to put an end to reported spiraling auto insurance premiums by combating fraud, Florida’s Chief Financial Officer Tom Gallagher recently joined Miami-Dade State Attorney Katherine Fernandez-Rundle...
NYSID Announces Arrest of Queen’s Man for Selling Fraudulent Auto ID Cards
Sep 24 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that Vincent Morciglio, 49, of Jamaica was arrested on Friday and charged with two counts of forgery and two counts of criminal possession of a forged...
APCapital Announces Additional Stock Buyback Authorization
Sep 23 2003 // East Lansing, Mich.-based medical liability insurer American Physicians Capital Inc. announced that its board of directors has authorized the continuation of its share repurchase program. This authorization allows the...
Schinnerer Unveils Educational Coverage for Colleges and Universities
Sep 9 2003 // Victor O. Schinnerer and Company has launched EdChoice, an insurance program for small to mid-size colleges and universities. The EdChoice policy, Trustees, Officers, Management and Employment Liability, offers employment...
CIS Inc. Enters S.C. Non-Standard Auto Market
Aug 29 2003 // Jess Chappell, president and CEO of Savannah, Ga.-based CIS Inc., announced that CIS plans to enter into the South Carolina non-standard auto market by taking over the administration of an already existing...
CIS, Inc. announces entry into S.C. non-standard auto market
Aug 28 2003 // CIS, Inc. announces entry into S.C. non-standard auto market Jess Chappell, President and CEO of Savannah, GA based CIS, Inc., announced that CIS will enter into the South Carolina non-standard auto market by taking over...
Shepard Announces Offer, State Auto Advises Patience
Aug 25 2003 // Investor Gregory Shepard, who owns approximately 5 percent of Columbus, Ohio-based State Auto Financial Corp., announced a cash tender offer for 8 million of STFC’s almost 13 million public shares for $32 per share,...
Calif. Commissioner Announces New Emergency Regs for Homeowners
Aug 22 2003 // Watch Video Length: 10 min 36 sec Lo | Hi California Insurance Commissioner John Garamendi reiterated that homeowners are in crisis during a press conference in San Diego Aug. 21, announcing new additions to his...
Pa. Announces Significant Expansion Of Crop Insurance Coverage
Aug 18 2003 // Pennsylvania’s Agriculture Secretary Dennis C. Wolff announced that the state’s “AGR-Lite” crop insurance protection program’s maximum policy size has been raised to $250,000, from the...
