Latest New Markets Headlines

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

Zurich Launches Global Industry Specialization Program

Mar 6 2008 // Zurich Financial Services Group has launched a new “Global Industry Specialization Program.” Zurich said its goal is to “better leverage its existing knowledge base and expertise in general insurance and...

Union General Announces Apartment Market

Mar 3 2008 // Union General has an “A+” rated carrier offering both monoline and package coverage for apartments. Multiple lines of coverage can be provided, including general liability, property, inland marine and crime on...

Darwin Pro Enters into Pact with Marketing Network ASPN

Feb 14 2008 // Farmington, Conn.-based Darwin Professional Underwriters, Inc. reports it has signed a marketing relationship with Agency Specialty Product Network Insurance Services, Inc. (ASPN).Under the arrangement, ASPN’s...

Gramercy Insurance Company Launches Trucking Liability Program

Feb 7 2008 // Gramercy Insurance Company (GIC), a global property and casualty insurer, announced the expansion of its Commercial Auto division with the addition of truck liability insurance. GIC now provides a single source solution...

Peerless Unveils New Commercial Product

Feb 5 2008 // Keene, N.H.-based Peerless Insurance has released a new commercial property and liability coverage designed to cover nearly 400 classes of business.Called Custom Protector, the coverage can be customized for small and...

ASI Lloyds to Enter Homeowners Marketplace in La.

Jan 30 2008 // ASI Lloyds (ASI), of St. Petersburg, Fla., announced plans to enter the personal property insurance market in Louisiana. ASI was recently a recipient of the Insure Louisiana Incentive program sponsored by the state.ASI...

Zurich Launches ‘Market-focused’ Climate Initiative

Jan 22 2008 // The Zurich Financial Services Group has launched a global initiative focused on the development of products and services addressing the evolving risks associated with climate change, as well as the establishment of a...

Keystone Mutual Enters Mo. Medical Malpractice Market

Jan 9 2008 // St. Louis, Mo.-based Keystone Mutual Insurance Co. recently announced that it is accepting applications from Missouri physicians for professional liability insurance upon being awarded a license Dec. 31 by the Missouri...

FBI Enters Insurance Business

Dec 23 2007 // Federal agents arrested and charged 11 New Jersey officials with taking bribes in exchange for giving public contracts to a fake insurance brokerage set up by investigators. The investigation netted five members of an...

Country Financial Enters Chicago Market, Names Fisher as Director

Dec 23 2007 // Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Services and will manage its newly created Chicago district offices....

Montgomery Insurance Unveils New Commercial Products

Dec 3 2007 // Montgomery Insurance, a Charlotte, N.C.-based member of Liberty Mutual Group introduced a new commercial product line: The Montgomery Advantage Commercial Series.The centerpiece of the new line is CUSTOM PROTECTOR, a...

Dowell / IAS Announces New Marketing Alliance With The American Watchmakers-Clockmakers Institute (AWCI)

Nov 26 2007 // New Jersey based Dowell Insurance Agency, Inc., and Integrated Assurance Solutions (Dowell / IAS) announce a new marketing alliance with the American Watchmakers-Clockmakers Institute (AWCI) whereby Dowell /IAS will...

New Players Enter the E&O Market … But Some Agents May Not See Rates Decline

Nov 18 2007 // Despite a rosier outlook in the agents’ errors and omissions (E&O) insurance market compared with years past, many insurance agents still faced rate increases in their E&O coverage in 2007 and anticipate...

SafeAuto Insurance Enters Mo. Market

Nov 7 2007 // Columbus, Ohio-based SafeAuto Insurance recently announced that it is expanding its operations into the “Show Me State,” Missouri with its brand of minimum coverage insurance beginning Nov. 8, 2007. Minimum...

GIA Launches Pricing Program for Personal Auto

Nov 2 2007 // Grange Insurance Association based in Seattle has launched a new pricing program for personal auto in Colorado, Idaho, Oregon and Wyoming “GIA’s tiered auto program will position our agents to be more...

Insurance Industry Charitable Foundation Launches Firestorm Relief Effort

Nov 1 2007 // In response to the wildfire disaster in California, the Insurance Industry Charitable Foundation has established the Industry Foundation Firestorm Response on behalf of the industry and its partners. All online...

Schwarzenegger Announces Additional Assistance for Fire Victims

Oct 30 2007 // California Governor Arnold Schwarzenegger has announced cash grants of up to $10,000 are available to help some individuals who have suffered losses in the Southern California fires. The grants are administered by the...

Ironshore Enters La. E&S Market; Will Cover Property, Cat Risks

Oct 30 2007 // Louisiana insurance regulators have approved Ironshore Insurance Ltd. to provide property and catastrophe insurance in Louisiana on an excess and surplus basis for risks located in the state.The company said it would...

OneBeacon Enters Indiana Small Business Market

Oct 24 2007 // Canton, Mass.-based One Beacon Insurance Group announced Tuesday that it will begin offering property-casualty products to small-business owners in Indiana through independent agent partners. OneBeacon’s local...

Reinsurance Business of Towers Perrin Announces New Hires

Oct 23 2007 // Towers Perrin, a global professional services firm, announced that Leo Magrath, Lois Massa, Michael Brownsell and Nick DiPietra have joined the firm’s reinsurance business.Magrath has joined as an executive vice...