Latest New Markets Headlines

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

Euler Hermes to Enter Australia, NZ Credit Market

Jun 22 2006 // Euler Hermes, the Paris-based international credit insurer, has signed a letter of intent with Lumley General Insurance to acquire its credit insurance activities in Australia and New Zealand. Euler Hermes’ bulletin...

ACE USA Launches Commercial Policy for Life Sciences Industry

Jun 16 2006 // ACE USA has launched a commercial package policy to help protect life sciences companies from property and casualty exposures faced by this specialized industry.The ACE USA Commercial Package Policy is offered to...

Texas Comptroller Unveils New Tax Calculator for Businesses

Jun 14 2006 // Texas Comptroller Carole Keeton Strayhorn announced a tax calculator available on the comptroller’s Web site that will allow Texas businesses to estimate how much franchise tax they will pay as a result of recent tax...

Fireman’s Fund Announces Surface Water and Flood Coverage

Jun 8 2006 // With the risk of damage from surface water and flood becoming more prevalent in even low to moderate flood zones, Fireman’s Fund Insurance Co., Novato, Calif., has launched a surface water and flood endorsement to...

London American Risk Launches Professional Liability Unit

Jun 7 2006 // London American Risk Specialists, Inc., headquartered in Houston, Texas, announced the formation of London American Professional Liability LLC, based in Fort Lee, N.J.LAPL is a program administrator and MGA specializing in...

London American Risk Specialists, Inc Announces the Formation of London American Professional Liability, LLC

Jun 7 2006 // Houston, TX – London American Risk Specialists, Inc., headquartered in Houston, TX. is pleased to announce the formation of London American Professional Liability, LLC based out of Fort Lee, New Jersey. LAPL is a...

RI3K, Xchanging Launch London Market Electronic Insurance Exchange

May 30 2006 // The U.K.’s insurance community is poised to fully enter the electronic age with the announcement from RI3K and Xchanging of the “London Market Electronic Insurance Exchange” (FELIX). The new system is...

Senate Unveils Flood Program Bill

May 26 2006 // With its chairman proclaiming the program is at a “crossroads,” the U.S. Senate Banking Committee this week advanced bipartisan legislation to bolster the nation’s debt-ridden flood insurance...

K&K Insurance Offers Market for Entertainers, Performers

May 16 2006 // Fort Wayne, Ind.-based K&K Insurance Group Inc. has launched a new insurance program designed specifically for entertainers and performers who work on an independent contractor basis at fairs, festivals, special...

ACE European Launches New U.K. Corporate Travel Coverage

May 11 2006 // ACE European Group announced the launch of businessclass premier, described as “a new package of bespoke accident, health and travel insurance, services and risk consultancy, specifically for large corporate...

Guy Carpenter Launches London Market Electronic Claims File Process

May 3 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that it is formally launching its Electronic Claims File (ECF) initiative for reinsurers in...

Republic Launches HO- 3 Homeowners Product in Texas

Apr 24 2006 // The Republic Group, based in Dallas, has introduced a new Homeowners Form 3 product for Texas homeowners.“We are pleased to announce the introduction of our HO-3 product”, stated Parker Rush, Republic’s...

St. Paul Travelers Launches Coverage for Foreign Exposures

Apr 24 2006 // Minnesota-based St. Paul Travelers has announced it has expanded its ability to provide worldwide commercial property coverage for companies with international operations.A new initiative between St. Paul Travelers’...

Marsh Offering Entertainment Industry Coverage through Lloyd’s

Apr 19 2006 // A note on the Lloyd’s Website (www.lloyds.com) describes a new initiative from global broker Marsh, which offers a “new range of products covering celebrities and those working behind the scenes in TV, film,...

Texas Mutual Launches Workers’ Comp Health Care Network

Mar 31 2006 // Texas Mutual Insurance Company announced that the Texas Department of Insurance certified its Texas Star Network option on March 29, 2006. The company will begin offering the network option to eligible workers’...

The Hanover Launches Highly-Segmented Connections Auto in Conn.

Mar 29 2006 // The Hanover Insurance Group announced the Connecticut launch of Connections Auto, a state-of-the-art, multi-variate auto product with nearly limitless customer segmentation capabilities.Connections Auto is now available in...

The Hanover Launches Connections Auto in La.

Mar 28 2006 // The Hanover Insurance Group, headquartered in Worcester, Mass., announced the Louisiana launch of Connections Auto, which expands the auto product into ten states: Louisiana, Connecticut, Florida, Illinois, Indiana, Maine,...

GE Insurance Solutions Unveils New Product for Business Hotels

Mar 27 2006 // Kansas City-based GE Insurance Solutions has unveiled a new primary insurance product designed for specific segments of the hotel industry.Offered through Klein Insurance Services of West Paterson, N.J., and available only...

Cat Commercial Product Launched in Southeast States

Mar 20 2006 // In response to unmet capacity needs created by the devastating natural disasters of 2005, International Catastrophe Insurance Managers, LLC (ICAT), and National Fire and Marine Insurance Company (Berkshire Hathaway Group)...

XL Re Life Enters the U.S. Life Reinsurance Market

Mar 17 2006 // XL Re Life has acquired Servus Life Insurance Company, expanding its U.S. life reinsurance market. Servus Life will be renamed XL Re Life America Inc. following state regulatory approvals.XL Re Life America Inc. will offer...