Latest New Markets Headlines

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

Coal Industry Group Launches Mine Safety Effort

Jan 14 2009 // The National Mining Association is launching a new campaign it hopes will help keep underground coal miners safe.The “Stay Away, Stay Alive” initiative is aimed at reducing accidents and deaths related to...

FEMA Announcs $10 Million in Flood Recovery in Eastern Iowa

Dec 29 2008 // FEMA has announced it will give more than $10 million for flood-recovery projects in eastern Iowa. Projects in Lake Delhi, Iowa City, Anamosa, Bluffton and Cedar Falls will split the FEMA dollars. Among those receiving...

Validus Enters Technical Lines Property Coverage with New Underwriter

Dec 23 2008 // Bermuda-based Validus Holdings, Ltd. announced today that it is expanding its business into Technical Lines Property insurance through the creation of Validus Underwriting Risk Services Inc. (VURS), a managing general...

Obama Inauguration May Raise Insurance, Legal Issues for Enterprising Homeowners

Dec 2 2008 // The days leading up to the inauguration of Barack Obama could be an economic windfall for residential property owners in and around D.C.Washington Post staff writer David Nakamura reports that droves of people are looking...

Aon Launches New Global Specialty Business Unit

Dec 2 2008 // Following the closing of its acquisition of the UK-based Benfield Group, Aon has announced that it has created a new global specialty business unit – Aon Specialty. The bulletin described the new operation as...

D&O Insurance Marketplace Entering a Transitional Phase

Nov 30 2008 // The growing wave of subprime-related litigation is among the many side effects of the subprime mortgage meltdown. The litigation wave has changed, too, as the subprime crisis evolved during the past two years and as new...

California Announces 2009 Workers’ Comp Insurance Assessment Rates

Nov 21 2008 // The California Department of Industrial Relations (DIR) has issued 2009 assessment rates for User Funding, the Uninsured Employer Benefit Trust Fund, the Subsequent Injury Benefit Trust Fund, the Occupational Safety &...

RLI Launches Design Professionals Liability Unit

Nov 14 2008 // Peoria, Ill.-based RLI Corp. launched an architects and engineers (A&E) professional liability division – named RLI Design Professionals.RLI Design Professionals will be led by Louis Leonard “Lenny”...

Travelers Launches New Professional Liability Coverage Program

Nov 12 2008 // Travelers said it has introduced a new, modular professional liability product, 1st Choice+, geared toward accounting, design, legal and real estate professionals.The product offers errors and omissions coverage in one...

Advocacy Group Launched to Assist Existing Louisiana Businesses

Nov 7 2008 // The Louisiana Department of Economic Development (LED) is moving forward with the creation of a Business Retention and Expansion (BRE) Group that will focus solely on addressing the challenges and opportunities of...

California Commissioner Announces 5% Workers’ Comp Rate Increase

Nov 2 2008 // Rejecting the Workers Compensation Insurance Rating Bureau’s (WCIRB) call for a 16 percent increase in the benchmark for determining workers’ compensation costs, California Insurance Commissioner Steve Poizner...

Steamship Mutual Launches Luxury Yacht Liability Insurance Product

Oct 28 2008 // London-based Steamship Mutual, a leading P&I Club providing marine liability insurance worldwide, announced that it is launching a new Yacht Liability insurance product for luxury super and mega yacht owners,...

West Virginia-based BrickStreet Launches Out-of-State Coverage

Oct 28 2008 // BrickStreet Mutual Insurance Co., headquartered in West Virginia, will expand its services in 2009 by offering to provide its West Virginia policyholders with workers’ compensation coverage in other...

Survey: P/C Premiums Decline Again as Industry Enters ‘Uncertain Times’

Oct 27 2008 // Commercial property/casualty premiums continued a downward slide during the third quarter of 2008, but there were suggestions the market decline may have leveled off, at least between July and September, for small and...

Venture Launches Coastal Property Coverage Under New Facility

Oct 24 2008 // West Chester, Pa.-based Venture Insurance Programs, a national program administrator, will offer coastal property coverage under a new CATalyst Property Insurance brokerage facility.CATalyst will support each of...

California Commissioner Announces 5% Workers’ Comp Rate Increase

Oct 24 2008 // Rejecting the Workers Compensation Insurance Rating Bureau’s (WCIRB) call for a 16 percent increase in the benchmark for determining workers’ compensation costs, California Insurance Commissioner Steve Poizner...

ProLawyer Insurance, LLC Announces New MGA Appointment for an Admitted Lawyers Professional Liability Product

Oct 22 2008 // Newtown, PA – ProLawyer Insurance, LLC is pleased to announce its Managing General Agent appointment with ProAssurance Group companies. ProAssurance Group is rated “A-” (Excellent) by A.M. Best and...

Argo Launches International ‘Financial Products’ Coverage

Oct 22 2008 // The Bermuda-based Argo Group International Holdings has announced the launch of Argo Financial Products Limited (Argo Financial). The unit will be based in London and will “specialize in a broad array of financial...

Motorists Mutual Launches New Product for Auto Dealerships, Garages

Oct 16 2008 // Motorists Mutual Insurance Company recently launched two new products for franchised auto dealerships and enhanced two existing products for garages and nonfranchised auto dealerships that help independent agencies offer...

West Virginia-based BrickStreet Launches Out-of-State Coverage

Oct 13 2008 // BrickStreet Mutual Insurance Co., headquartered in West Virginia, will expand its services in 2009 by offering to provide its West Virginia policyholders with workers’ compensation coverage in other...