Latest New Markets Headlines

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

Arch Group Unveils New D&O Liability Capacity for Protection of Individual Board Members

Jan 30 2003 // Arch Insurance Group, a division of Arch Capital Group Ltd., announced the formation of a new $40 million facility for ‘A’ Side Directors and Officers liability insurance. The coverage will be offered in...

FM Global Unveils 2003 Property Loss Prevention Resource Catalog

Jan 29 2003 // Commercial and industrial property insurer FM Global recently released its free 2003 Property Loss Prevention Resource Catalog that contains a number of loss prevention products to aid risk managers, facility and plant...

Max Re Launches Excess General Liability Insurance Unit

Jan 29 2003 // Bermuda-based Max Re Capital Ltd. announced that its subsidiary, Max Re Ltd., has launched a new business unit to provide excess general liability insurance. Angelo M. Guagliano, formerly an executive with XL Insurance...

E.L.M. Announces New Coverage for Tech Professionals

Jan 17 2003 // E.L.M. Insurance Brokers Inc. a specialist in professional liability has introduced a new package program for technology professionals. The package includes up-to-date errors and omissions language and general liability on...

Texas Launches FAIR Plan for Homeowners Market

Jan 10 2003 // Texas Insurance Commissioner Jose Montemayor announced the official launch of the Texas FAIR (Fair Access to Insurance Requirements) Plan Association’s homeowners insurance market-of-last-resort in Texas. As of Jan....

WI Ins. Dept. Unveils New Web Page for Small Business

Jan 9 2003 // Wisconsin’s Office of the Commissioner of Insurance (OCI) announced the launch of a new Web page for small employers, designed “to help Wisconsinites with small businesses search for insurance.”“The...

Fireman’s Fund Unveils iCustomer Series Initiative for Middle Market Segments

Jan 7 2003 // Fireman’s Fund Insurance Company announced the national rollout iCustomer Series(TM) initiative to the hotel, restaurant, real estate, retail, wholesale and manufacturing segments. The iCustomer Series program is a...

Allianz Launches D&O Liability Coverage

Jan 6 2003 // Allianz Insurance Company has launched a new business unit to provide directors and officers liability insurance.Allianz has consolidated operations and underwriting authority in its Chicago and New York offices to ensure...

NICB Unveils Thieves’ Auto Wish List

Dec 11 2002 // Thieves target a wide range of popular passenger vehicles, with sport utility vehicles (SUVs), pickup trucks, and mini-vans particularly attractive targets, according to a new study conducted by the National Insurance...

Insurers Show Increasing Use of Enterprise Risk Management to Address Pressing Business Issues

Dec 10 2002 // A Tillinghast – Towers Perrin (Tillinghast) survey on Enterprise Risk Management (ERM), shows insurers around the world are increasingly adopting ERM, a relatively new approach to the strategic management and...

Main Street America Launches Online Commercial Quoting Tool

Dec 9 2002 // Main Street America Group, the Keene, N.H.-based parent of National Grange Mutual Insurance and Old Dominion Insurance, announced the launch of a new online quoting tool, Quick Quote, for commercial insurance products on...

Provider Alliance Enters Fla. Nursing Home Liability Market

Dec 5 2002 // Provider Alliance, a Charleston, South Carolina-based leader in long-term care insurance, announced it has entered the Florida market with affordable liability insurance policies available to nursing home providers. The...

ACE Casualty Risk Enters Environmental Risk Market

Dec 4 2002 // ACE Casualty Risk is entering the environmental risk market resulting in the creation of a new unit, ACE Environmental Risk. The new environmental and casualty underwriting unit will offer environmental liability products...

ADP Launches Web-Based Estimate Auditing Tool for Auto Claims

Dec 3 2002 // ADP Claims Services Group announced the general availability of Claimsflo Passport version 3.0, the automotive claims industry’s first web-based auditing tool. Passport version 3.0 audits 100 percent of estimates...

ISO, ALR Announce New System to Report Theft of High-Value Stolen Property by Insurers

Nov 19 2002 // The Art Loss Register (ALR) and Insurance Services Office, Inc. (ISO) announced an enhanced property-loss reporting system that will increase the efficiency of reporting the theft of high-value stolen property by...

Aon Unveils Two New Workers Comp Models for Earthquakes and Terrorism + James Bond

Nov 18 2002 // Aon Corp.’s subsidiary, Aon Re Inc., has unveiled two timely new models for workers’ compensation catastrophes. One covers all significant U.S. earthquake regions, and the second analyzes terrorism exposures...

MedSolutions Announces Radiology Solutions Designed for WC and Auto Liability

Nov 14 2002 // MedSolutions, a provider of radiology management solutions, announced the launch of a new line of services designed expressly to meet the imaging needs of the workers’ compensation and auto liability...

AXIS Specialty Announces Strong Q3 Results

Oct 25 2002 // AXIS Specialty Limited, one of the largest of Bermuda’s new insurers, announced that it produced $92.1 million in net income for the third quarter and $153.8 million for the nine months ended September 30. The...

IIAT Launches Tool to Connect Independent Agents With Homeowners

Oct 18 2002 // The Independent Insurance Agents of Texas announced it now offers homeowners a new online resource for finding independent insurance agencies that are actively writing homeowners insurance policies. The resource, called...

Heart & Hypertension Workers’ Comp Network Launched in Fla.

Oct 17 2002 // CHOICE Medical Management Services Inc. of Tampa, Fla., unveiled its new specialty workers’ compensation network for heart and hypertension at the 2002 Florida PRIMA State Conference. CHOICE indicated its program is...