Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Inventum Unveils New Techniques for Identifying Unreported Workers’ Comp and General Liability Exposures
Apr 29 2005 // Ft. Lauderdale – Inventum’s innovative Predictive Exposure Modeling®, pat. pending service has been enhanced to offer improved results to a wider array of workers’ compensation and general liability...
Arch Enters Canadian Market
Apr 28 2005 // Arch Insurance Group, a division of Bermuda’s Arch Capital Group Ltd., has announced its entrance into the Canadian insurance marketplace. The plans were revealed at the recent RIMS Conference in Philadelphia. Arch...
Euclid Launches New E&O Liability Product
Apr 28 2005 // Kansas City-based underwriting manager and claims administrator Euclid Managers LLC announced the launch of ProtoType, a “modern insurance product for manufacturers.” The product features: errors and omissions;...
Safeco Unveils Updated Businessowners Policy
Apr 28 2005 // Seattle-based Safeco announced the expansion of one of its commercial products, offering independent insurance distributors the opportunity to write Businessowner Policies (BOPs) for larger customers in more business...
Lexington Launches Outsourcing Coverage
Apr 26 2005 // Lexington Insurance Company, a member company of American International Group, announced the launch of “Outsourcing Protector”(SM), a new property insurance offering designed to help companies address the risks...
Farmers Announces Another California Workers’ Comp Rate Reduction
Apr 26 2005 // The Farmers Insurance Group of Companies announced a 10 percent rate reduction in workers’ compensation rates for its California business customers. Since 2004, Farmers has slashed its workers’ compensation...
AIG Consultants Launches Business Protection Unit
Apr 21 2005 // AIG Consultants Inc., a member company of American International Group, announced the launch of its Business Protection Division. The new unit, which was developed in tandem with AIG Corporate Security and AIG Global...
Specialty Underwriters’ Alliance Unveils Collateral Recovery Program Through AEON
Apr 20 2005 // Specialty Underwriters’ Alliance Inc., a property and casualty insurer, announced the implementation of its collateral recovery customer class through its partner agent, AEON Insurance Group. Collateral recovery is...
St. Paul Travelers Unveils Internet Basic Liability Protection Policy for Certain Tech Businesses
Apr 19 2005 // St. Paul Travelers has launched a basic Internet liability policy aimed at small to mid-size technology businesses at the Risk and Insurance Management Society Conference (RIMS) in Philadelphia. Internet Basic Liability...
Schinnerer Unveils SpecialtyOne E&O Program for Management Consultants, Staffing Firms
Apr 14 2005 // Victor O. Schinnerer and Company announced the launch of SpecialtyOne, an E&O insurance program for management consultants and staffing firms. The program will be written through Brit, a Lloyd’s...
Ind.-Based Leisure/Sports Specialty Broker Launched
Mar 31 2005 // announced its official entry into business with the opening of its corporate headquarters in Fort Wayne, Ind. LSS said in a statement that it has an exclusive insurance relationship with niche property/casualty carrier...
ACE Europe Announces 3 New P/C Business Units for U.K., Ireland
Mar 21 2005 // ACE European Group announced the creation of three new business units “to target growth opportunities in specific property and casualty (P&C) business lines in the UK and Ireland.” The new units are ACE...
Veteran Marketer Launches Insurance Leads Firm
Mar 8 2005 // A veteran of telemarketing in insurance has launched a new lead generation company, Appointment Accelerator. Jim Lowitz founded the Reisterstown, Maryland-based firm because he thinks the current tele-prospecting system is...
Western General Enters Maryland Auto Market
Mar 8 2005 // Maryland Insurance Commissioner Alfred W. Redmer, Jr. today welcomed to Maryland Western General Insurance Company, a California-domiciled, property and casualty insurer, to the state. Western General will market...
LIG Marine Announces Three Commercial Marine Insurance Seminars
Mar 2 2005 // A series of three one-day seminars on commercial marine insurance have been scheduled in April, May and September by LIG Educational & Consulting Services, a sister-company of LIG Marine Managers in St. Petersburg,...
ACE USA Unveils Online Platform for Contractors Pollution Liability Coverage
Mar 1 2005 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced that its ACE Environmental Risk unit has launched a web-based underwriting facility that enables brokers to access Contractors...
GOVERNOR UNVEILS WORKERS’ COMP PLAN
Feb 21 2005 // Oklahoma Gov. Brad Henry rolled out his plan for reforming the workers’ compensation system. He follows Democratic and Re-publican lawmakers in both houses of Oklahoma’s legislature in announcing workers’...
ProBuilders Enters N.E. Contractors’ Insurance Market
Feb 17 2005 // ProBuilders Specialty, a risk retention group managed by NationsBuilders Insurance Services, has entered a number of the New England states to offer contractors’ general liability coverage. The program will be...
Trinity E&S Announces Expansion of Contractor’s Liability Program
Feb 13 2005 // Bermuda Dunes, Calif.-based Trinity E&S Insurance Services Inc., announced it has expanded its in house contractor’s liability program to include the states of Nevada, Arizona, Oregon and Washington. Coverage is...
Okla. Gov. Henry Unveils Workers’ Comp Plan
Feb 3 2005 // Saying he wants to cut costs for business and boost benefits for injured workers, Oklahoma Governor Brad Henry announced his comprehensive reform plan for the state’s workers’ compensation system. Based on the...