Latest New Markets Headlines

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

Protective Specialty Announces Expansion of Professional Liability Product Offerings

Mar 25 2011 // Indianapolis, Ind. – Mar 25 2011 – Protective Specialty Insurance Company (PSIC) has expanded its product offerings to include Technology Professional Liability, Architects and Engineers Professional Liability...

MetLife Auto & Home Launches Combo Package Policy in 28 States

Mar 18 2011 // MetLife Auto & Home has will roll out its personal lines “combo” policy into 28 new states over the course of 2011. The policy combines multiple insurance products into one package with one bill and one...

Lloyd’s Insurer Kiln Enters Liability Market

Mar 17 2011 // Kiln, the international insurance and reinsurance underwriting group, and a subsidiary of the Tokio Marine group, announced that it has launched a new Liability function to underwrite and support general liability...

American Claims Management Announces New Business Relationship With Sparta

Mar 14 2011 // San Diego, CA, 3/14/11 – American Claims Management, Inc. (ACM) announced a new business relationship with SPARTA Insurance. Effective March 1, 2011, ACM began handling workers’ compensation claims for policies...

Specialty Insurance Managers Launches Energy Division, Program

Mar 7 2011 // Austin, Texas-based Specialty Insurance Managers Inc. announced it has created a new Energy Division and hired Randy Bila as lead underwriter/broker.Bila has headed SIM’s general lines department for 19 years....

Preferred Concepts Launches Auto Industry Division

Mar 4 2011 // Preferred Concepts, LLC, a national insurance program administrator, has established an automotive industry underwriting unit, SeaFire Insurance Services a division that initially will specialize in franchise auto dealers,...

Republicans to Re-launch U.S. Flood Insurance Overhaul

Mar 4 2011 // Draft legislation to overhaul the U.S. National Flood Insurance Program will be unveiled next week, said the Republican chairman of a congressional insurance oversight panel Thursday.Representative Judy Biggert told...

Berkshire Hathaway Enters India Insurance Market

Mar 4 2011 // Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said.Berkshire made no investment in Bajaj, but will sell policies for...

Business Risk Partners Launches Combo GL, E&O Coverage for Home Inspectors

Feb 16 2011 // Business Risk Partners is now offering general liability coverage to home inspector firms that purchase errors & omissions insurance. Bundling the two products addresses the increasingly grey areas between GL and...

Nashville Launches Flood Preparedness Program

Feb 16 2011 // Nashville Mayor Karl Dean says the city has assembled a team to develop a unified flood preparedness program to lessen the damages that could be caused by future flood events in Nashville and Davidson County.The process...

The Hartford Launches Workers Comp Guide For Business Owners

Feb 14 2011 // The Hartford Financial Services Group, Inc. has introduced an e-learning guide designed to clarify and simplify workers’ compensation insurance. The Hartford developed the new online resource for business owners and...

Chartis Launches Tender Offer for All Shares of Fuji Fire and Marine

Feb 10 2011 // Chartis Inc., the general insurance subsidiary of American International Group has announced a cash tender offer through its wholly-owned subsidiary, Chartis Japan Capital Company LLC (Chartis Japan LLC), for all common...

Cooper Gay Launches European Markets Integrated Trading Unit

Feb 2 2011 // London-based Cooper Gay, an independent global wholesale, reinsurance and specialist retail insurance broker, has launched Cooper Gay European Markets, which it describes as an “integrated trading unit to provide...

Allianz Global Corporate & Specialty Launches New Website

Jan 19 2011 // Allianz Global Corporate & Specialty (AGCS) has published a new corporate website, featuring “an extensive knowledge section and other enhancements to keep its clients, brokers, business partners, press and any...

Chartis Launches Hospitality Industry Coverage Enhancements

Jan 18 2011 // Chartis has introduced a series of coverage enhancements, developed by its Commercial Casualty division, to address the unique casualty exposures of the hospitality industry. The coverages are part of a suite of primary...

K&K, RLI Partner to Offer Product Liability for Sports, Entertainment Risks

Jan 13 2011 // K&K Insurance announces a new products liability program in partnership with RLI, a specialty insurance company operating in all 50 states. This arrangement offers an additional avenue for competitive quotes in the...

Atlas General Insurance Services Announces Addition of New Carrier for its Workers’ Compensation Program

Jan 11 2011 // San Diego, CA, 1/11/2011 – Atlas General Insurance Services is pleased to announce the addition of a new carrier to enhance its workers’ compensation portfolio.This new program, developed by Atlas and Republic...

Starr Indemnity Launches Primary Commercial Auto Facility

Jan 10 2011 // Starr Indemnity & Liability Company, Inc. (Starr Indemnity) has launched primary commercial auto to complete their primary casualty offerings. “With the introduction of our primary auto capabilities, Starr...

AmerInst Professional Launches E&O Coverage for Small Law Firms

Jan 5 2011 // When it comes to the legal profession, there are two known facts: claims against lawyers tend to increase in an economic downturn; and small firms (with fewer than five attorneys) are extremely vulnerable to legal...

Big ‘I’ Markets, ARMR Launch Storage Tank Product

Dec 22 2010 // The Independent Agents and Brokers of America Big “I” Markets launched a new insurance policy option with American Risk Management Resources Network, LLC (ARMR.NET) for above and below ground storage tank...