Commercial Lines News

Louisiana Researchers Studying Coastal Land Values

It’s no surprise that some coastal wetlands are more valuable than others, but the question several researchers at LSU are trying to answer is how much more valuable. Walter Keithly, associate professor and Richard Kazmierczak, professor with the Center for …

Cost of Insurance Too High: Michigan Township Wants Different Mailing Address

A township near Flint, Mich., is appealing a U.S. Postal Service decision to deny its request for a mailing address distinct from the troubled city. The Flint Journal reports that Grand Blanc Township officials and business boosters filed an appeal …

Global Insurance Co. Expands Taxi, Para-Transit Coverage to Texas

Global Liberty Insurance Co. of New York, a specialty underwriter of limousine, executive car service, taxi and para-transit, will start accepting risks in Texas starting in October. The addition of the state represents the company’s continued expansion into new territories …

Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses

Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing exposures related to cyber crime connected to business bank accounts. “Technology …

Main Street America Expands Commercial Products to Austin Mutual Agents in Oregon

The Main Street America Group has introduced its commercial product line, featuring its flagship main line business owners policy (Main Line BOP), to independent agents who represent the super-regional property/casualty insurance carrier’s Austin Mutual Insurance Co. in Oregon. This launch …

Louisiana Exports Hit Record $29B for 6-Month Period

Louisiana’s worldwide exports increased 3.4 percent to a record $29.0 billion in the first six months of 2013, compared to the same period in 2012. The World Trade Center of New Orleans said Louisiana’s principal export markets through the second …

Woodruff Promoted to VP, Commercial Client Services at RHSB

Courtney Woodruff has been promoted to vice president of commercial client services at Texas-based insurance brokerage, Roach Howard Smith & Barton (RHSB). Woodruff joined RHSB in 2007 as an account executive leading one of the agency’s largest commercial units. With her …

CNA Introduces New Package Policy For Mid-Sized Businesses

CNA has launched CNA Paramount, a new package policy for mid-sized businesses that combines property and general liability coverage. CNA Paramount brings all the basic and critical property and crime coverage needs into one package, namely: business property including, but …

Poms Names Tynan Vice President in Colorado

Poms & Associates Insurance Brokers Inc. named Casey Tynan vice president of business development in its Denver, Colo. office. Tynan will focus on commercial lines and employee benefits, consulting with middle-market enterprises engaged in senior care, automotive, manufacturing, distribution, construction …

Insurance Journal Co-Sponsors MarshBerry Market & Financial Survey

How are agencies targeting new business today? What do agencies want most from carriers? And just how much are agencies growing in current market conditions? These are some of the questions that a new industry survey plans to answer. Participate …