Latest New Markets Headlines

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

NJ Commissioner Unveils Auto Territory Draft Standards

Feb 7 2001 // New Jersey Banking and Insurance Commissioner Karen L. Suter shared the proposed draft standards with the Territorial Rating Plan Advisory Commission. The 50-year-old rating map used by automobile insurers will be redrawn...

Rackley Unveils Windows-Based Commercial Lines Rating Software

Feb 7 2001 // Rackley Systems released a new version of its comparative commercial lines rating software – Rackley Systems for Windows. The software is available in all 50 states. The new software is a full-featured Windows...

Chubb Enters Lender Environmental Insurance Market

Feb 7 2001 // The Chubb Group of Insurance Cos. has introduced Collateral Impairment and Environmental Liability Insurance for Financial Institutions to commercial real estate lenders. The coverage is available through Environmental...

TurboCoverage Launches Web-Based Auto Insurance Service For Auto Dealerships

Jan 22 2001 // TurboCoverage, a web-based auto insurance service exclusively for auto dealerships, has launched an insurance platform that enables uninsured car-buyers to instantly secure coverage in the dealer showroom and drive away...

CSE Announces Annual Automobile Safety Scholarship

Dec 22 2000 // Civil Service Employees Insurance Group announced the launch of its 2001 Youth Automobile Safety Scholarship for high school seniors residing in California, Utah, Nevada and Arizona. Applicants must be children of...

Argonaut Group Announces Purchase of HIH America Business in Seven States

Dec 1 2000 // Argonaut Group has announced that its principal subsidiary, Argonaut Insurance Company, signed a letter of understanding with HIH America Insurance Group to acquire the renewal rights and other tangible assets associated...

RLI Launches Online Fiduciary Liability Program

Nov 2 2000 // RLI Insurance Co. has unveiled an Internet-based fiduciary liability program called eFiduciary. The program allows producers to obtain a premium indication within 60 seconds, then bind and print policies. The program is...

Countrywide Insurance Services Launches Online Insurance Marketplace

Oct 25 2000 // Countrywide Insurance Services, a principal subsidiary of Countrywide Credit Industries, has launched an online insurance marketplace, www.cwinsurance.com. Web users can now purchase homeowners and home protection plans...

Progressive Announces Changes to Personal Auto Programs

Oct 12 2000 // Progressive announced that effective Nov. 11, 2000, the company will make changes to its personal auto programs in both Progressive West and Progressive Marathon. These actions, which are being taken in response to...

SCOR Business Solutions Launched in Paris

Oct 6 2000 // SCOR Group announced the formation of its new division, SCOR Business Solutions, to a group of over 100 risk managers, brokers and insurers in Paris on Wednesday. The new unit will specialize in handling large corporate...

Vesta To Enter Banking, Non-Standard Auto Market

Sep 26 2000 // Vesta Insurance Group plans to enter into the banking and non-standard auto markets as part of a strategy to increase profits. The Alabama-based company made the announcement at a recent meeting of the Alabama Securities...

Insurscape.com Launches Web-Based Workers’ Comp Underwriting Facility; Looking for Additional Agents

Sep 25 2000 // Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com...

Jersey Shore State Bank Announces Agreement to Acquire Securities Brokerage, Insurance Business

Sep 6 2000 // Jersey Shore State Bank entered into a definitive agreement to acquire the businesses of Paul R. Mamolen, CLU, and The M Group, Inc. The combined businesses will be operated under a bank subsidiary, The M Group, Inc. doing...

CDMS Unveils Digital Marketing Product Solutions

Aug 17 2000 // Eugene, Ore.-based Consolidated Document Management Services (CDMS) announced its partnership with Eugene Print to provide digital marketing and print service solutions to the insurance and financial services industry...

Ensera Launches ‘Behind-the-Scenes’ System for the Collision Repair Marketplace

Aug 16 2000 // Anthony Aquila, founder and CEO of Redwood Shores, Calif.-headquartered Ensera Inc. announced that the company is in the process of establishing itself as the leading provider of automating the repair claims...

Ace Global Markets, Hammond Suddards & Edge Launch Claims Service

Aug 8 2000 // ACE Global Markets, a subsidiary of ACE Ltd. and one of the largest providers of insurance capacity at Lloyd’s, and Hammond Suddards & Edge, the UK’s seventh largest commercial law firm, have launched a...

Echostar Launches Lawsuit Against Insurance Companies; Alleges Conspiracy to Deny Coverage

Aug 3 2000 // EchoStar Communications Corp. can’t find satellite insurance. And the Littleton-based company doesn’t think it’s purely a coincidence.EchoStar filed suit in U.S. District Court in Denver Monday, claiming...

MetLife Auto Home Unveils New Advertising Campaign

Aug 3 2000 // MetLife Auto & Home began airing a new television and radio advertising campaign featuring Snoopy to build awareness that “all auto insurers are not the same” and to promote its Coverage Plus and...

YouZoom Launches Homeowners Product Line

Aug 1 2000 // Aug. 1, 2000 12:35 p.m. CDTYouZoom.com Inc., an affiliate of Arrowhead General Insurance Agency Inc., has expanded its product line to include homeowners insurance, including renters and condominium coverage. Consumers now...

Gov. Pataki Announces Workers’ Comp. Rate Reduction

Jul 18 2000 // New York Gov. George E. Pataki has said workers’ compensation rates will be reduced this year by an average of 2.5 percent. The reduction, combined with rate decreases achieved in the past five years, represents an...