All the headlines from our New Markets Topic Page, ordered by recency.
Oct 7 2008 // State officials say nearly three dozen Iowa communities vying for about $200 million in federal aid to buy out homes in flood-prone areas have until early next year to make formal applications.Bret Voorhees is a spokesman...
Oct 3 2008 // Willis Re, the reinsurance arm of global broker Willis Group Holdings, has announced the formation of a Protection & Indemnity (P&I) and Marine Mutual Reinsurance team, and appointed a managing director and three...
Oct 2 2008 // ICW Group, a group of insurance companies, has entered the small business market for workers’ compensation insurance. Comprehensive coverage and claims services is available in more than 40 small business categories,...
Sep 22 2008 // Since West Virginia opened its workers’ compensation insurance market on July 1 of this year, 105 insurance carriers have entered the field and begun to write policies, according to Insurance Commissioner Jane L....
Sep 21 2008 // Tufts Health Plan will start insuring Rhode Island residents next year and compete against three existing insurers. Tufts President and CEO James Roosevelt Jr. said the Watertown, Mass.-based firm has been looking for...
Sep 8 2008 // Crump Insurance Services, part of Crump Group, an insurance wholesaler, has introduced a general liability program for subcontractors, both residential and commercial, for a broad range of classes. This program, offered...
Sep 2 2008 // ACE Europe announced from its Dublin headquarters that it has launched a new Pension Trustee Liability (PTL) product “ACE Elite PTL IV,” which has been developed to provide comprehensive protection for Pension...
Aug 18 2008 // Chester Springs, Pennsylvania insurance program RelMark launched the Fire Sprinkler Risk Purchasing Group, Inc. offering fire sprinkler contractors’ general liability insurance and risk management needs.RelMark...
Aug 13 2008 // Swiss Re’s Commercial Insurance group has introduced Errors and Omissions (E&O) agency umbrella coverage in all 50 states and the District of Columbia.“The insurance policy offering was developed in...
Aug 13 2008 // Morristown, New Jersey-based PGI Commercial has launched a comprehensive insurance program for self-storage facilities, with coverage provided by member companies of Argonaut Insurance Group. The program conprises a...
Aug 8 2008 // UK Flood Model Risk Management Solutions has released a major new upgrade to its U.K. Inland Flood Model. “The upgraded model will enable all segments of the insurance industry to drill down to a finer level of...
Aug 7 2008 // Florida Gov. Charlie Crist and Insurance Commissioner Kevin McCarty launched the updated www.ShopAndCompareRates.com Web site. The two offices activated the free, online tool in July 2007 to assist consumers looking to...
Aug 7 2008 // Aon Corporation has launched the “Aon Green Building Property Program,” which it describes as the “industry’s most comprehensive insurance solution to facilitate environmentally friendly and...
Aug 5 2008 // Lexington Insurance Company, a unit of AIG Commercial Insurance, announced the launch of “Lex P-3 Solutions SM,” which it described as offering “tailored risk management and insurance products that...
Aug 1 2008 // Homeowners Choice Inc., based in Clearwater, Florida, announced that it has completed an initial public offering of 1,666,668 units, each consisting of one common share and one warrant, at a price of $7.00 per unit. Two...
Jul 15 2008 // Lexington Insurance Company, a unit of AIG Commercial Insurance, introduced Lexington Truck Broker Liability Insurance, a primary liability insurance policy that addresses liability risks of truck brokers, who bring...
Jul 14 2008 // Giant insurer American International Group has decided to enter the Massachusetts private passenger auto insurance market, according to The Boston Globe.But AIG is not alone. In addition, Vermont Mutual will begin selling...
Jul 8 2008 // Progressive is introducing an optional car insurance program in Alabama that offers lower rates on vehicles that are driven in less risky ways.The behavior-based insurance program, called MyRate, gives drivers a customized...
Jul 3 2008 // M.J. Hall announces a new market for main street businesses including packages and workers’ compensation. Coverage is provided by an admitted “A” IX rated carrier in California. M.J. Hall represents more...
Jun 20 2008 // Philadelphia-based ACE USA has introduced a new specialty insurance product that provides additional coverage for expenses and losses that stem from an insured’s property loss.Called ACE Supplemental Property, the...