Latest New Markets Headlines

All the headlines from our New Markets Topic Page, ordered by recency.

FINEOS Enters Australian Market with CommInsure Sale

Dec 1 2004 // Dublin-based FINEOS Corporation, a leading provider of banking and insurance software, announced that CommInsure, the insurance arm of the Commonwealth Bank of Australia Ltd., is to deploy FINEOS Front Office to support...

Euclid Managers Launches Web Log for Internet, Tech and Media Liability Insurance

Nov 16 2004 // Kansas City-based underwriting manager and claims administrator Euclid Managers has developed a new Web log devoted to Internet, tech and media liability insurance hot topics, including coverage analysis, recent case law...

AIG Private Client Group Unveils Flood Coverage for Homeowner Policies in Several States

Nov 15 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible...

Canadian P&C Insurance Industry Promises to Unveil Disclosure Plan Today

Nov 12 2004 // On November 12, 2004, insurance industry representatives will unveil what they say is a plan to demonstrate the industry’s commitment to ensuring that Ontario consumers enjoy the highest level of transparency and...

Canadian Insurance Industry Announces Disclosure Plan

Nov 12 2004 // The Insurance Bureau of Canada today revealed details of a plan to provide enhanced clarity and access to information in insurance sales and service. Components of the plan include a Code of Consumer Rights and...

AmWINS Launches Management Liability Unit

Nov 1 2004 // American Wholesale Insurance Group (AmWINS), the Charlotte, N.C.-based independent wholesale insurance broker, has formed a new specialty team to focus exclusively on management and professional liability products.Called...

ACE Europe Unveils Dataguard Product in UK to Assist Businesses Recover Info from Damages

Nov 1 2004 // ACE Europe, part of the global ACE Group of Companies, has launched its ACE Dataguard product in the UK to help businesses recover revenue and information that is corrupted or destroyed through cybercrime or as a result of...

St. Paul Travelers Looks to Bring Top Line in Commercial Up as it Unveils Q3 Report

Oct 28 2004 // The St. Paul Travelers Cos. Inc. (NYSE:STA) has reported net income of $340 million for the third quarter ended Sept. 30, 2004, or $0.51 per basic share and $0.50 per diluted share, compared to $426 million, or $0.98 per...

Guy Carpenter Unveils Reveal for Workers’ Comp Risks

Oct 27 2004 // Guy Carpenter & Company Inc. has announced the introduction of the Reveal model, a refined exposure rating tool that helps to identify the drivers of costly excess losses within workers’ compensation...

State Auto Financial Unveils Q3 Report

Oct 26 2004 // Ohio-based State Auto Financial Corp. reported third quarter net income of $5.0 million, or $0.12 per diluted share, versus $15.6 million or $0.38 per diluted share for the same period in 2003. Net operating earnings(a)...

Pa. Gov. Unveils Letter to Congressional Delegation Regarding Flood Relief

Oct 21 2004 // Pennsylvania Gov. Edward Rendell this week released the following letter to the Pennsylvania Congressional delegation in reference to flood relief for the Commonwealth:Dear Senator Santorum: “As a follow up to our...

COMP WEST LAUNCHES WORKERS’ COMP OPS IN CALIF.:

Oct 11 2004 // CompWest Insurance Company announced that it has been licensed as a workers’ compensation insurer by the California Department of Insurance, responding to the significant capacity shortage in the California market....

National Flood Insurance Program Launches Agent Co-Op Program

Oct 4 2004 // Agents who advertise flood insurance in the newspaper, magazine, Yellow pages or on the radio are eligible for reimbursement under a program relaunched by the National Flood Insurance Program.Agents are eligible for...

CompWest Launches Workers’ Comp Ops in California

Sep 27 2004 // CompWest Insurance Company announced that it has been licensed as a workers’ compensation insurer by the California Department of Insurance, responding to the significant capacity shortage in the California market....

Sloan Mason Announces Workers’ Comp/USL&H Product

Sep 27 2004 // Sloan Mason Insurance Services announced a Workers’ Compensation/USL&H product for California companies with longshore exposures. Domestic US Insurance Carrier – AM Best ‘A’ ++ XV Rated.The...

The Hartford Unveils New D&O Coverage

Sep 14 2004 // The Hartford Financial Services Group Inc. has created Priority Protection, a new D&O product that protects the individual directors and officers.“Directors and officers (D&O) coverage was originally...

Advocate, MD Insurance of the Southwest Enters Texas Malpractice Insurance Market

Sep 8 2004 // Announcing its entrance into the Texas malpractice insurance market, Advocate, MD Insurance of the Southwest said its improved coverage options and excellent rates are proof that tort reform efforts ushered in last year...

Wash. Physicians Launch Campaign for Liability Reform

Sep 1 2004 // Frustrated by the lack of action on meaningful medical liability reform, physicians today launched an initiative campaign designed to break the gridlock in Olympia over sensible reform of medical liability laws.Doctors for...

Aetna Launches Specialty Pharmacy

Aug 4 2004 // Aetna has revealed plans for a joint venture to provide specialty drugs to its members of its health plans with severe chronic illnesses while holding down costs.The launch of Aetna Specialty Pharmacy, jointly owned by...

St. Paul Travelers Unveils Results from Study on Equipment Rental Industry Mishaps

Jul 29 2004 // Accidents involving rented items such as lifts, forklifts, trailers, tents and chairs posed the greatest risks for consumers and were associated with the highest numbers of fatalities, injuries and damages in the equipment...