Latest New Markets Headlines

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

Dowell / IAS Announce A New Marketing Alliance

Apr 27 2007 // New Jersey based Dowell Insurance Agency, Inc., and Integrated Assurance Solutions (Dowell / IAS) announce a new marketing alliance whereby Dowell /IAS will be a Lloyd’s Coverholder for the Jewelry and Fine Arts and...

RMS, Weatherflow Launch Parametric Capital Market Index

Apr 26 2007 // Risk Management Solutions (RMS) has teamed up with WeatherFlow Inc., a provider of private weather data, to launch the “WindX(tm) parametric index” (www.windxnetwork.com).” The two companies timed the...

Marsh Launches Utility Liability Facility for Power Sector

Apr 25 2007 // Marsh’s London office announced that it has launched a new liability product for the power and utility industry. The Marsh Utility Liability facility is designed to provide cover for power and utility clients based...

Travelers Launches New Products for Mid-Sized Commercial Printers

Apr 25 2007 // Travelers Commercial Accounts introduced a suite of coverages designed for mid-sized commercial printers who typically generate more than $15 million in sales. The new product is the latest addition to IndustryEdge,...

E.L.M. Insurance Brokers Enters Commercial Casualty Market

Apr 25 2007 // E.L.M. Insurance Brokers based in El Segundo, Calif., has formed a new commercial package division to be managed by Clancy Johannsen.Johannsen has been with the company for the past six years, five of which have been as a...

Wis. Markel American Announces Launch of Market Boat Program

Apr 24 2007 // Markel American Insurance Co. recently announced the launch of their new Markel Boat program for insuring boats up to 26 feet in length.MAIC’s new Markel Boat program is intended to offer a wider breadth of options...

Novae Launches Int’l. General Liability

Apr 20 2007 // Lloyd’s insurer Novae announced that it has “moved into the international general liability market with the recruitment of two senior underwriters to Syndicate 2007. Mark Davies and Rupert Taylor have joined...

Europ Assistance Launches Commercial Property Assistance Product

Apr 17 2007 // Europ Assistance, which has considerably expanded from its French origins into international operations, has launched a new Commercial Property Assistance (CPA) product, “which,” it said, “will be made...

Houston General to Enter Illinois Personal Insurance Market

Apr 10 2007 // Houston General Insurance Exchange announced that it will begin offering personal lines products – including coverage for automobiles, homes, condominiums, watercraft and personal liability – to Illinois...

Ill. Country Financial enters Chicago market, adds Fisher as director

Apr 9 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 office....

Darwin Launches New Clinical Research Liability Product, Team

Apr 5 2007 // Farmington, Conn.-based specialty insurer Darwin Professional Underwriters, Inc. is now making available a new specialty liability coverage with the addition of clinical research liability insurance (CRLI). Darwin...

Commerce Completes Purchase of State-Wide; to Enter N.Y. Market

Apr 3 2007 // The Commerce Group, Inc. in Webster, Mass. has completed its acquisition of SWICO Enterprises, Ltd., the holding company for Hempstead, New York-based property and casualty insurer State-Wide Insurance Co.With the...

Swiss Re Launches Workers’ Comp Plan in Texas

Mar 27 2007 // Swiss Re’s Commercial Insurance introduced its workers’ compensation coverage for small business owners in Texas to be delivered via its exclusive CyberComp platform.According to the company’s...

Ill. Country Financial Enters Chicago Market, Names Fisher as Director

Mar 22 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 office....

State Farm announces $1.2 Billion mutual auto policyholder dividend

Mar 12 2007 // State Farm Mutual Automobile Insurance Co. recently announced it will pay $1.25 billion in dividends to its mutual auto insurance policyholders in 46 states, the District of Columbia and the Canadian province of New...

Industry needs to leverage enterprise risk management, study says

Mar 12 2007 // Property/casualty insurance companies need to do a better job of implementing enterprise risk management, according to a recent study by Ernst and Young LLP. In its recent quarterly outlook addressing key trends and issues...

Non-Franchised Auto Dealer’s Physical Damage Program Launched

Mar 8 2007 // Memphis, Tennessee – London American Risk Specialists, Inc. and Integon Specialty, a division of GMAC Insurance, are pleased to introduce the immediate launch of a Non-Franchised Auto Dealer’s Physical Damage...

LWCC Announces New Business Unit Manager of Small Accounts

Mar 2 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced it has hired Bernie Hewitt as business unit manager for the small accounts team. Hewitt joins LWCC from the Montana State Fund, where he was the operation...

State Farm Announces $1.2 Billion Mutual Auto Policyholder Dividend

Mar 1 2007 //

N.Y. Gov. Spitzer Announces Workers’ Comp Reform Accord

Feb 27 2007 // New York Governor Eliot Spitzer and legislative leaders announced an agreement to reform the state’s workers’ compensation system that has the backing of business and labor.Under the agreement, benefits for...