All the headlines from our New Markets Topic Page, ordered by recency.
Oct 23 2007 // CAIC Holding Company Inc. announced it began offering surety coverages in Texas through its wholly owned subsidiary, Commercial Alliance Insurance Company (CAIC), effective Oct. 1, 2007.Sterling Emens III was appointed...
Oct 22 2007 // Hamilton, Bermuda-based Ironshore Inc. announced the company has entered into the specialty construction sector with the launch of its IronBuilt division. IronBuilt, based near Boston, offers construction risks protection...
Oct 9 2007 // Marsh UK has arranged a property facility that will provide up to $425 million of non-catastrophe capacity in the London market for US and Canadian companies. The facility can also be adapted to provide up to $262.5...
Sep 25 2007 // Penn.-based Erie Insurance recently announced that the company plans to write business in Minnesota beginning in the fourth quarter of 2009. .“We are looking forward to entering Minnesota because of the substantial...
Sep 20 2007 // Bermuda-based Ariel Holdings Ltd. reports it will acquire Valiant Insurance Co. from Zurich North America Commercial Group. Ariel Holdings Ltd. said it has established a U.S. based insurance holding company, Valiant...
Sep 18 2007 // Middleton, Wis.-based Capitol today announced the formation of its new Specialty Markets Division. The focus of the division will be specialty property and casualty insurance programs throughout the U. S. The division will...
Sep 13 2007 // Ohio-based State Automobile Mutual Insurance Company recently announced that it has formed a new affiliation agreement with Patrons Mutual Group of Connecticut.Under the agreement, State Automobile Mutual will assume...
Sep 12 2007 // London-based service provider RI3K announced the completion of its new message service for the insurance and reinsurance industry, following extensive trials to assure that “it is scalable, secure and fit for...
Sep 7 2007 // Medical liability insurer Texas Medical Liability Trust (TMLT) recently approved a 6.5 percent rate reduction for all medical specialties and classes effective Jan. 1, 2008, the third straight rate reduction/dividend for...
Sep 4 2007 // Struggling auto parts maker Delphi Corp. announced on Friday, Aug. 31 that there is a settlement of lawsuits by investors who have accused the company’s former managers of fraud.The plaintiffs, including about 40,000...
Aug 22 2007 // Lloyd’s announced that “experts from across the Lloyd’s and London markets are set to unveil a suite of new contract wordings for the marine market in the coming weeks and months.”Spurred by the...
Aug 21 2007 // Workers’ compensation insurer MEMIC has begun operating in the New York market for the first time. The company opened an office in Albany for its MEMIC Indemnity Co. subsidiary in June, and has begun offering its...
Aug 9 2007 // New Jersey-based National Atlantic Holdings Corporation announced plans to enter the standard and preferred auto insurance market in Texas in late 2007. National Atlantic will offer its auto coverage in conjunction with an...
Aug 7 2007 // Hawai’i State Insurance Commissioner J. P. Schmidt announced the launch of DTRIC Insurance Underwriters Ltd. (DIU), an “A-” Best Rated Co and subsidiary of local insurance provider DTRIC Insurance. The...
Jul 25 2007 // Fireman’s Fund Insurance Co. based in Novato, Calif., has teamed with College Student Insurance (CSI) to offer a property insurance plan especially for college students living away from home.Parents are sending more...
Jul 18 2007 // Texas Mutual Insurance Company and Frost Insurance Agency have partnered to launch the Texas Auto Repair purchasing group, Texas Mutual announced. The group offers members a money-saving workers’ compensation...
Jul 17 2007 // SAN DIEGO – Insurance Journal’s new online service, MyNewMarkets.com, is launching a new market focused conference oriented toward helping retail agents and brokers find the coverages they need.The first...
Jul 6 2007 // The ACE European Group announced the launch of “ACE Renewable Energy,” a new program which it described as “an innovative insurance solution for UK renewable energy producers and providers in a single...
Jul 5 2007 // Bermuda-based Aspen Insurance Holdings Limited announced that it will enter the Professional Liability Insurance market in September 2007 through Aspen Insurance UK Limited.“Underwriting will take place solely from...
Jun 28 2007 // In Florida, the Tampa and Daytona Beach offices of Burns and Wilcox announced the availability of ACE Westchester Specialty Group’s pollution liability insurance product, as offered through Westchester Surplus Lines...