Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Insurance Auto Auctions Announces Improved Q3 Results
Nov 10 2005 // Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, announced record vehicle returns during the third quarter. These results were driven by increased buying...
AMC Launches Product for Hard-to-Place Homeowners’ Risks
Nov 10 2005 // Conway, Ark.-based American Management Corporation’s new high-end homeowners policy allows agents to bring home clients with hard-to-place risks in Arkansas, Oklahoma and Missouri. The new plan will provide coverage...
Arkansas Workers’ Comp Commission Announces ’06 Conference Plans
Nov 10 2005 // The AWCC announced plans for two important conferences for 2006, one in Little Rock and the other in Hot Springs. The AWCC reported with Arkansas Self-Insurers Association (ASIA) that, instead of the ASIA Spring Fling and...
AIG Risk Management Unveils New Program for Temp Staffing Industry
Oct 19 2005 // AIG Risk Management (AIGRM), a member of American International Group, Inc. (AIG), has launched a new suite of insurance coverages and risk management services designed to meet the unique needs of the temporary staffing...
CNA Unveils Enhanced EPLI Coverage
Oct 18 2005 // CNA announced another step in its updated and enhanced suite of management and professional liability products by introducing a stand-alone employment practices liability (EPL) product. The new coverage, EPL Solutions, is...
CAR Launches Program to Address Liability Inusrance Omissions
Oct 14 2005 // The California Association of Realtors (C.A.R.), Los Angeles, has launched its Strategic Defense Program, which will create a panel of real estate defense attorneys charged with improving the litigation climate and...
Aon (U.K.) Launches M&A Warranty Replacement Coverage
Oct 13 2005 // Aon Limited, the international broker’s U.K.-based subsidiary, has unveiled an innovative insurance product called Warranty Replacement and Acquisition Protection (WRAP). Aon said the new coverage is designed to...
Hotchkiss Notes Launch of Texas Home Builders Workers’ Comp Group
Oct 11 2005 // Hotchkiss Insurance Agency Inc. (HIA) announced its newest workers’ compensation purchasing group: the Texas Home Builders Workers Compensation Group (THB-WC Group). The group includes home builders for whom specific...
State Auto Unveils Q3 CAT Losses
Oct 11 2005 // Ohio-based State Auto Financial Corporation estimates that catastrophic storms during the third quarter of 2005 will produce between $42 and $46 million in pre-tax losses for STFC. This is expected to add between 15 and 17...
XN Financial Unveils Products for High Value Homeowners’ on Fla. Coast
Oct 5 2005 // XN Holdings, parent company of XN Financial Services and XN Risk Insurance Services, will enter the Florida high value homeowners’ market with a comprehensive suite of products that includes wind-only coverage. The...
Stewart Title of California Venturing Into P/C Market with SIFS Launch
Sep 29 2005 // Stewart Title of California (STC) is looking to become a player in the property and casualty insurance industry with the launch of Stewart of California Insurance and Financial Services (SIFS). Recently approved by...
Schinnerer Unveils Professional Liability Guide for Clients
Sep 27 2005 // Victor O. Schinnerer and Company’s A/E Risk Management Department recently released a resource guide for the clients of design professionals. The Client’s Resource: Intro to Professional Liability Insurance...
Ark. Announces Changes to Auto Club License Rules
Sep 20 2005 // The Arkansas Insurance Department issued a reminder that Act 506 of 2005 amended Arkansas Code § 23-77-107(a)(2), now states that an automobile club or association may be penalized (suspended or revoked) if it no longer...
Insurex Announces Additional 15% Decrease in Workers’ Comp Rates
Sep 8 2005 // Insurex, a San Diego-based insurance brokerage, announces an additional 15.0 percent rate reduction on California workers’ compensation insurance effective Oct. 1, 2005 for affiliate agencies. The rate reductions are...
Brit Announces Record 1st half Results; Industry Katrina Loss $50 Billion
Sep 7 2005 // Brit Insurance Holdings PLC, a U.K.-based Lloyd’s and general insurer, posted record 1st half pre-tax profits of 112.2 million pounds ($207 million), up 61 percent from the same period last year. Brit indicated that...
Early Registration Deadline Sept. 23: FAIA Announces Management and Automation Training Seminar Topics
Sep 1 2005 // A line-up of expert management and technology speakers have been announced by the Florida Association of Insurance Agent’s Management and Automation Training Seminar, “MATS 2005,” taking place Oct. 16 to...
COMMISSIONER ANNOUNCES -26.78 PERCENT RATE DECREASE IN WORKERS’ COMP:
Aug 22 2005 // California Insurance Commissioner John Garamendi announced that workers’ compensation insurers in the state filed rate reductions averaging -14.6 percent for policies incepting on or after July 1, 2005 bringing the...
Auto Leasing Firms to Announce Return to N.Y. as Highway Bill Signed
Aug 9 2005 // DaimlerChrysler, Ford Motor Company and General Motors are slated to announce their return to leasing in New York State at a press conference to coincide with the signing of a federal highway bill by President Bush on...
Insurers Unveil ‘Market-Based’ Proposals to Boost Terrorism Coverage
Aug 8 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance. The proposals include repeal of some state laws on fire policies and creation of a...
Insurers Unveil ‘Market-Based’ Proposals to Boost Terrorism Coverage
Aug 8 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance. The proposals include repeal of some state laws on fire policies and creation of a...
