geographic expansion News

Palomar Specialty Expands Residential Earthquake Product Into Additional States

Palomar Specialty Insurance Company has expanded its Flex Choice residential earthquake insurance product into the following states: Arkansas, Tennessee, Kentucky, Illinois, Indiana and Utah. Flex Choice allows consumers to customize their residential earthquake coverage to meet their specific needs and …

Gresham to Lead Expansion of Pinnacle Actuarial Resources into Carolinas

Consulting Actuary Legaré W. Gresham has established Pinnacle Actuarial Resources Inc.’s presence the Carolinas with the opening of an office in Charleston, South Carolina, as the firm continues to grow both domestically and internationally. Gresham has more than 10 years …

Velocity Risk Underwriters Adds Condominium Coverage to Florida Products

Velocity Risk Underwriters has expanded its Florida products to include HO-6 (condominium) for primary, secondary, seasonal, long-term rental, and short term rentals (minimum two days). Velocity offers an A.M. Best “A” rated homeowners programs in Florida utilizing Texas-based State National …

NORCAL Mutual Expands MPLI Offerings to Tennessee

NORCAL Mutual Insurance Company is now offering coverage to health care professionals in Tennessee. This is the latest in NORCAL’s national expansion, which now reaches 39 states, including the District of Columbia. NORCAL is a medical professional liability insurance (MPLI) …

Jetty Expands Renters Insurance Product Into 4 Additional States

Jetty, a financial services company, has expanded its renters products – Jetty Passport Deposit, Jetty Passport Lease, and Jetty Renters Insurance – into Kansas, Utah, Maryland, and Tennessee. Used together or à la carte, each product operates in a digitally-native …

XS Brokers Expands Into Southeast; Hires Ault to Lead New Florida Office

XS Brokers, an independent insurance brokerage in New England, has expanded the company into the Southeast, opening a new office in Orlando and hiring Lori Ault as executive vice president and territorial manager. The firm now has five offices, including …

Norman-Spencer Agency Opens Recreational Marine Facility in North Carolina

Norman-Spencer Agency, Inc., a national property and casualty insurance provider, has opened a new recreational marine operation in High Point, North Carolina. Jason Norman will be leading the office as the underwriter production manager. Norman will be working directly with …

PURE Expands E&S Homeowners Coverage to South Carolina

The PURE Group of Insurance Companies has expanded its PURE Programs excess & surplus (E&S) line offering designed to protect higher risk homes insured for $1 million or more, into South Carolina. With this expansion of the offering, PURE policyholders …

Orchid Underwriters Expands Commercial Lines into Alabama, Mississippi

Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states, Alabama and Mississippi. The two new states join New Jersey, North Carolina, South Carolina, Florida, Louisiana and …

NEBCO Insurance Services Expands into Florida, Opens First Office in Naples

NEBCO Insurance Services has opened an office in Naples, Fla. The Greenwich, Conn.-based independent insurance agency provides asset and lifestyle protection for high-net-worth individuals nationwide. The recently opened office in Naples is the firm’s first expansion outside the Greenwich area. …