Latest New Markets Headlines

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

ISO Unveils KR&E Coverage

Oct 15 2002 // With kidnapping for ransom on the rise around the world, Insurance Services Office, Inc. (ISO) has unveiled a new policy insurers can use to offer kidnap, ransom and extortion (KR&E) coverage. ISO has also teamed up...

eAgency Announces Initiative to Deliver Wireless Sales Platform for Industry

Oct 7 2002 // California-based eAgency Systems announced an agreement with Research In Motion Limited (RIM). The focus of the new project is to build a platform to support the 800,000-plus insurance agents in the U.S., that is designed...

Core Solutions Announces Workers’ Compensation Initiative

Oct 4 2002 // Core Solutions Inc. announced that it has developed a strategic initiative that will allow its clients to effectively manage the rising costs related to maintaining workers’ compensation coverage. President Christine...

Travelers Unveils Electronic Claim Notification for Personal, Small Business Agencies

Oct 1 2002 // Travelers Property Casualty is now providing its independent agents with online, real-time information on the opening and closing of small business and personal claims.Electronic Claim Notification, or ECN, allows agents...

Nationwide Flood Research Launches Marketing Service for Agents

Sep 25 2002 // Dallas-based NationWide Flood Research Inc. (NFRI) announced it has launched AtRisk, a three-step marketing service that helps insurance professionals locate potential customers and cross-sell flood policies to existing...

CNA Launches Specialty D&O and Fiduciary Liability Lines

Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...

Quotesmith.com Unveils Homeowners Ins. Comparison Service for Calif. Residents

Sep 6 2002 // Quotesmith.com announced the launch of a brand new homeowner insurance price comparison service for residents of California. The California debut includes an initial lineup of six leading insurers that are now immediately...

State Auto Financial Announces Dividend Increase

Aug 19 2002 // The board of directors of Ohio-based State Auto Financial Corporation voted to increase the quarterly cash dividend to $0.035 per share, payable Sept. 30, 2002, to shareholders of record at the close of business on Sept....

Bridgefield Casualty Unveils Commercial Package Policy

Jul 30 2002 // Bridgefield Casualty Insurance Company, a subsidiary of Summit Holding Southeast, Inc., is now offering a Commercial Package Policy (CPP) to employers in Mississippi and Alabama. The Commercial Package Policy (CPP) offers...

Safeonline Technology to Launch 1st and 3rd Party Tech Coverage

Jul 15 2002 // Michigan-based digital risk insurance specialist, SafeonlineT announced the launch later this month of a new 1st and 3rd party policy that the company says will provide a much needed in-fill for small to medium firms who...

S&P, A.M. Best, Stock Markets React to Munich Re Announcement

Jul 12 2002 // The reaction to Munich Re’s announcement that it would strengthen reserves at American Re and for the WTC attacks by a total of $2.5 billion (See IJ Website July 11) had a decidedly unsettling effect. Standard &...

TransGuard Enters Deal With Sherwood International’s for Automation Systems

Jul 11 2002 // Chicago-based TransGuard Insurance of America, inked a multimillion dollar license and implementation agreement with Sherwood International under which TransGuard will automate its business operations and enterprise...

Encompass Unveils Identity Fraud Coverage

Jul 3 2002 // Encompass Insurance has launched an identity theft insurance program to protect customers from the costs that result from having their identity stolen.Encompass Identity Fraud Coverage provides up to $20,000 (may vary by...

RTW Inc. to Launch New Self Insured Services Business Unit

Jul 1 2002 // Minnesota-based RTW Inc., a provider of workers’ compensation management systems, will launch a new business unit on July 15, to provide its proven core product-case and claims management services-to self-insured...

ACE Risk Management Unveils New Split Deductible Limit Workers’ Comp Product

Jun 18 2002 // ACE Risk Management, part of ACE USA, has introduced its new Split Deductible Limit(SM) Workers’ Compensation product. The product, designed to meet the needs of large Risk Management clients, is a flexible...

ICAT Managers Appoints Brennan to Launch Calif. Middle Market Business Unit

Jun 11 2002 // International Catastrophe Insurance Managers, LLC. (ICAT) has launched its Middle Market Business Unit in California. John Brennan will lead the department’s objectives to underwrite accounts with values of $10...

Superior Access Unveils Wholesaler Comparative Auto and Home Insurance Quoting

Jun 10 2002 // California-based Superior Access Insurance Services Inc. has unveiled a new online comparative quoting and application feature for 5,300 of its 8,000 appointed agents writing home and auto insurance in...

ISO Unveils New Program for Small, Midsize Businesses

Jun 5 2002 // Insurance Services Office, Inc. (ISO) has introduced a new Businessowners Program (BOP)—a package policy providing broad property and liability coverage in a single contract for small and midsize businesses—by...

INSTEC Unveils Native Windows Commercial Package Policy Processing Solution at 2002 ACORD Conference

May 24 2002 // Illinois-based INSTEC unveiled the industry’s first complete, native Windows commercial package policy processing solution earlier this week at the 2002 ACORD Conference “Real World Solutions,” in...

The St. Paul Companies Unveils New Underwriting Operation for Large, National Property Accounts

May 14 2002 // The St. Paul Companies has formed a new underwriting operation that will target large national and regional property risks in the U.S. The new operation, Property Solutions, will offer a full range of property insurance...