Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
MyNewMarkets.com Announces 2008 Market Exchange
Jul 17 2007 // SAN DIEGO – Insurance Journal’s new online service, MyNewMarkets.com, is launching a new market focused conference oriented toward helping retail agents and brokers find the coverages they need. The first...
ACE Europe Launches Renewable Energy Coverage
Jul 6 2007 // The ACE European Group announced the launch of “ACE Renewable Energy,” a new program which it described as “an innovative insurance solution for UK renewable energy producers and providers in a single...
Aspen to Launch Prof. Liability Lines
Jul 5 2007 // Bermuda-based Aspen Insurance Holdings Limited announced that it will enter the Professional Liability Insurance market in September 2007 through Aspen Insurance UK Limited. “Underwriting will take place solely from...
Burns and Wilcox Announces Pollution Liability Coverage in Florida
Jun 28 2007 // In Florida, the Tampa and Daytona Beach offices of Burns and Wilcox announced the availability of ACE Westchester Specialty Group’s pollution liability insurance product, as offered through Westchester Surplus Lines...
State Farm Announces Rate Decrease for W. Va. Homeowners
Jun 25 2007 // Just weeks after announcing an automobile insurance rate decrease, State Farm Insurance, the largest insurance provider in West Virginia, says it also will lower rates statewide for home insurance. The average West...
Washington L&I Announces Workers’ Comp Rate Holiday
Jun 22 2007 // Washington’s Department of Labor and Industries has announced that beginning July 1, and over the next six months, employers and workers in the state will save an estimated $315 million in workers’ compensation...
NMB Launches Capital Markets Unit
Jun 21 2007 // Newman Martin and Buchan Limited, an independent Lloyd’s insurance and reinsurance broker, has launched a capital markets division to complement its reinsurance advisory and placement services. Mark Burbidge and Paul...
Gallagher (UK), MAP Launch Israeli War & Terrorism Coverage
Jun 21 2007 // Arthur J. Gallagher (UK) Limited in conjunction with MAP, a specialist insurer at Lloyd’s, has launched an insurance facility for terrorism liability. The new product aims to provide coverage for tourist and study...
American Safety Enters Surplus Lines Property Market
Jun 21 2007 // New Jersey-based American Safety Insurance Services, Inc. said it has acquired a team of underwriters and entered the surplus lines property market, offering both monoline property and commercial multi-peril...
La.’s FARA Enters Limited Health Plan Market
Jun 19 2007 // Mandeville, La.-based FARA Benefit Services Inc., the group health benefits administration division of FARA, announced its entry into the fully insured mini-medical market. Medical Solutions! is a limited benefit health...
Lancashire Enters S.C. Property and Casualty Market
Jun 15 2007 // Lancashire Insurance Co. Ltd. gained approval to provide insurance coverage on an excess and surplus basis for properties located in South Carolina. Lancashire intends to focus primarily on coastal windstorm and earthquake...
NetRate Systems, Inc. Announces Availability of Massachusetts Commercial Auto Rating System
Jun 14 2007 // Okemos, MI – NetRate Systems, a leading provider of commercial lines rating software for the insurance industry, announces the immediate availability of Massachusetts Commercial Automobile Rating. The Mass Auto...
Fireman’s Fund Launches Product for Video Gaming Industry
Jun 14 2007 // Novato, Calif.-based Fireman’s Fund Insurance Co. has new coverage for the video game development industry. The coverage expands on its existing offerings for film production. According to the company, the average...
Utah’s Workers Compensation Fund Announces Promotions
Jun 13 2007 // The Workers Compensation Fund in Salt Lake City has made several promotions. Ray Pickup has been named executive vice president and chief operating officer. Pickup has been with WCF for 14 years and most recently served as...
Minn. Labor and Industry Commissioner Announces Move to Private Sector
Jun 8 2007 // Minnesota Governor Pawlenty recently announced that Commissioner Scott Brener of the Department of Labor and Industry is leaving his administration to return to the private sector effective July 5, 2007. “Scott has...
Novae Launches UK Property Team
Jun 7 2007 // Novae Plc has put together a team of specialist property underwriters to handle its new venture into the UK property market. Mike Platt and his team of Darrian Kempster, Barrie Roper and Tim Simpson-Lee have joined the...
CarInsurance.com Enters Mich. Auto Market
Jun 6 2007 // CarInsurance.com recently announced that it has expanded its auto insurance agency into Michigan, making it the 21st state where the on-line company does business. CarInsurance.com offers insurance products in all 50...
Unitrin Direct Enters Kentucky Auto Market
Jun 1 2007 // Unitrin Direct has been approved to sell auto insurance in Kentucky, making it the 23rd state where it does business. Unitrin Direct said it is offering discounts for Kentucky residents, including up to a $75 break for...
Calif. Commissioner Unveils Workers’ Comp Reform Package
May 30 2007 // California Insurance Commissioner Steve Poizner has unveiled a series of reforms to address what he says are systemic and structural deficiencies in the state’s workers’ compensation system. He also recommended...
Hiscox Launches Trustee Coverage
May 18 2007 // The UK’s Hiscox plc has launched two new insurance packages, available through brokers, which provide coverage for the trustees of charities, clubs and associations. Hiscox said its “Charities Insurance...
