commercial insurance News

CPro Associates Spin-Off Concentrating on Commercial Insurance Business

Dallas-based CPro Associates has spun off its binding authority and programs unit as a new company, B&H Risk Services Inc., headed by William E. Buckley. Buckley joined CPro in late 2013 to form and develop the new business unit. B&H focuses …

Philadelphia Launches Commercial Excess Flood Coverage

Philadelphia Insurance Cos. (PHLY) is now offering commercial excess flood coverage to complement its commercial primary flood product. PHLY’s new excess coverage competitively priced and available at limits higher than the National Flood Insurance Program (NFIP) for businesses. Through PHLY’s …

Schinnerer Adds Private Company Management Liability Program

Underwriting manager Victor O. Schinnerer & Co. has launched a private company management liability program. The private company program is offered to a range of eligible industries with up to $1 billion in total assets. The program, offered on admitted …

Louisiana Parish Sets Up Hurricane Re-Entry System for Businesses

Terrebonne Parish in Louisiana has a new emergency re-entry process for companies attempting to reopen after a mandatory hurricane evacuation. The Courier reported placards would replace company picture ID badges and would allow company representatives access to check the status …

Ohio Warning Rideshare Drivers About Insurance Risks

Ohio is warning drivers considering work with a ridesharing service such as Uber or Lyft to understand the insurance implications. Rideshare companies operating in Columbus, Cincinnati and Cleveland use smartphone apps to connect potential passengers with drivers using their personal …

Report: Majority of Wisconsin Businesses Plan on Investments in 2014

A recently released BMO Harris Bank study found that the majority of business owners/executives in Wisconsin plan on investing in their business in 2014. Upgrading or purchasing new equipment, along with adding to their work force were cited as the …

ProWriters Launches Small Business Online Quoting Platform

ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small business risks can be accessed from an online portal …

Cincinnati, Ohio Looks to Capitalize on Alcohol Tourism

Kentucky has its bourbon distilleries, St. Louis its Budweiser factory, Napa and Sonoma their wineries, and cities from San Diego to Philadelphia have turned into meccas for beer lovers looking for local craft brews. Now business owners and history buffs …

Officials Want Day Care Centers in South Dakota Town to Be Insured

Health officials want the Sioux Falls City Council to require home day care centers to carry at least $1 million in liability insurance. It’s part of a package of rules the council are considering. It includes higher registration fees and …

Ohio Court: Builders Must Construct Homes in ‘Workmanlike Manner’

Ohio’s high court has held that home builders have a duty imposed by law to construct a home “in a workmanlike manner using ordinary care,” despite the wording of any warranty document. The Supreme Court of Ohio held unanimously that …