Several insurancecompanies disclosed new products and coverage enhancements in recent days.
AmericanNational Life Insurance Co. of New York the Signature IndexedUniversal Life Insurance policy in New York. The product provides death benefitprotection, four indexed crediting strategies and a fixed account.
AmeriHealthCaritas Iowa Inc. signed an agreement that allows its membersto continue usingMedical Associates Clinic's health care providers and clinics in Dubuque andsurrounding communities in northeastern Iowa, northwestern Illinois and southwesternWisconsin.
Pacific Life now offers the Interest Enhanced Death Benefit as anoption with the company's fixed indexed annuities. The solution guarantees thatthe death benefit base will grow every year, regardless of how markets perform.Pacific Life refers to PacificLife Insurance Co. and its affiliates, including
Empire LifeInsurance Co. isintroducing actively managed drug solutions for customers withpay-direct drug plans in Canada. The suite of services is offered in allprovinces except Quebec.
AetnaInc. and St. John Health System teamed up to launch Aetna Whole Health St. John OKHI inTulsa County, Okla. The health care product will be available toself-insured and fully insured businesses, effective July 1 and to smallbusinesses from Oct. 1.
John Hancock Insurance announced that John Hancock Vitality policyholders cannow earn rewards for healthy food choices they make with discounts and/orcash-back up to $600 a year on their grocery bills, and program points thatlead to as much as 15% savings on their annual premiums. John Hancock Financialis a division of ManulifeFinancial Corp.
The Mississippi Department of Corrections Centurion of MississippiLLC to enter into final negotiations to provide correctional health careservices to more than 17,000 inmates housed at facilities throughout the state.This award is pending approval by Mississippi's Personal Service ContractReview Board. Centurion of Mississippi is a joint venture between and MHM ServicesInc.
Liberty International Underwriters a cyber extortion endorsement toits product recall and contamination insurance policy for food and beveragecompanies. Liberty International Underwriters is part of
Watford ReLtd. established Watford Specialty Insurance Co., a Morristown,N.J.-based excess and surplus lines insurer, the Insurance Journal reported.Alex Scherer was appointed president and CEO of Watford Specialty Insurance.Scherer previously served as president and CEO of
Victor O.Schinnerer & Co. Inc. rolled out a dealer open lot insurance program, which isavailable to automotive dealership clients and provides coverage for owned autoinventory held for sale.
Allied WorldAssurance Co. Holdings AG made available the Allied World // FrameWRX as afee-based risk management resource to policyholders in the U.S. Allied World //FrameWRX is a prescriptive and proactive cyber risk management solution.
The company also introduced its product recall insurance products inCanada and the U.S., as part of the global crisis management division. Thesolutions offer both first party and third party coverage and allow clients tomitigate the risk of recall expenses, adverse publicity and damage to brandreputation, business interruption costs and insureds' defense costs.
MedMal DirectInsurance Co. willstart operations as a medical professional liability insurancecarrier in both Oklahoma and Pennsylvania.
Everest Insurance Executive Solutions Group its excess directorsand officers offering with the Everest Rappel Retention ReimbursementEndorsement. The endorsement offers reimbursement of defense costs within theprimary policy's retention for qualifying securities class actions. ExecutiveSolutions Group is a unit of Everest Specialty Underwriters LLC, which is partof Everest Re Group Ltd.
IronshoreInc. announced that Antares Syndicate 1274 at Lloyd's willjoin as a subscribing insurer for Iron-Starr Excess Agency Ltd.
PrivilegeUnderwriters Reciprocal Exchange its personal excess liabilitycoverage, which now includes coverage for not-for-profit directors and officersliability. Coverage limits of $1 million to $5 million are available.
XL Catlin's Americas Marine business a marine product, which is anenhanced insurance policy to offer more comprehensive cargo insurance coverageon a domestic, foreign or worldwide basis. XL Catlin is the global brand usedby XL Group Plc'sinsurance and reinsurance companies.
The HartfordFinancial Services Group Inc. expanded its insurance capabilities for theinternational risks of U.S. businesses and partnered with AXA CorporateSolutions to offer local insurance coverage in up to 150 countries throughAXA's international network.
GEICO launched its ridesharing product for transportationnetwork company drivers in Washington, D.C. GEICO is part of