Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Healthy Competition, Safety Technology Drive Commercial Auto Market
Dec 4 2005 // According to conventional wisdom, 2004 was the first year in the past 16 where insurers finally broke through and made an underwriting profit on commercial lines auto. The breakthrough came after a year, 2003, which saw...
Competition Increases in Commercial Auto, But Not Too Much–Yet
Nov 21 2005 // By most accounts the commercial auto insurance market nationally is stable to softening. Rates may be going down a little in some areas, staying the same or at least not going up very much in others. However, some pockets...
Tracking Commercial Autos
Nov 21 2005 // Before you can finish saying “Beam me up, Scotty,” chances are a tiny transmitter is bouncing a signal off a satellite somewhere in space, indicating that your insured’s taxi is stowed in the hold of a...
Mobile Equipment or Commercial Auto?
Nov 21 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment actually could be a commercial vehicle, according to the insurance...
New Definitions: Mobile Equipment or Commercial Auto?
Nov 21 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment could be considered a commercial vehicle according to the insurance...
Torts Drive Commercial Auto in Heartland, Elsewhere
Nov 20 2005 // Insurers like writing commercial auto business, and most lines of business, in the Midwestern states because of market stability and a favorable legislative and regulatory climate. But even in this typically stable line of...
Mobile Equipment or Commercial Auto?
Nov 20 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment actually could be a commercial vehicle, according to the insurance...
New Definitions: Mobile Equipment or Commercial Auto?
Nov 20 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment could be considered a commercial vehicle according to the insurance...
Tracking
Nov 20 2005 // Autos Hi-Tech Gadgets Help Curb Losses Vendors of these types of high tech products strive to convince the insurance industry, and businesses that purchase commercial auto insurance for a wide variety of vehicles, that...
Top 25 Commercial Auto Writers
Nov 20 2005 // Company Name 2004* 2005** 12/31/2004 6/30/2005 State Farm Mutual Auto Insurance Co. 964,544 159,665 St Paul Fire & Marine Insurance Co. 654,788 46,260 Zurich American Insurance Co. 630,760 170,012 Auto-Owners...
Competition Increases in Commercial Auto, But Not Too Much-Yet
Nov 20 2005 // By most accounts the commercial auto insurance market nationally is stable to softening. Rates may be going down a little in some areas, staying the same or at least not going up very much in others. However, some pockets...
Aim for the Bull’s Eye: Focus on Market Characteristics Improves Programs
Jul 7 2005 // The following article was published in Insurance Journal’s July 4 issue focusing on Target Markets Program Administrators Association and the program marketplace. The value of specialization and target marketing in...
Aim for the Bull’s Eye: Focus on Market Characteristics Improves Programs
Jul 4 2005 // Drilling Down into a Market’s Data Unearths Insights Conventional Methods Miss The value of specialization and target marketing in improved insurance performance has been well proven over the past 15-plus years....
Public Auto
Apr 4 2005 // Nuts & Bolts: Union General is offering a variety of programs to address public auto exposures. The program can handle accounts up to 10 units. Public auto classes include limo, day care, airport, and hotel shuttles...
Progressive Drives Into S.C. Commercial Auto Insurance Market; Signs 430 Agents
Mar 7 2005 // Progressive Insurance’s Drive Group (Drive Insurance) has announced it will offer its commercial auto product in South Carolina through more than 430 agents. Drive(SM) Insurance is The Progressive Group of Insurance...
Ga. Commissioner Parks Agency Reportedly Selling Bogus Taxi and Limo Coverage
Mar 1 2005 // Georgia Insurance Commissioner John Oxendine announced Tuesday that he has issued a cease and desist order against Phoenix Brokerage Inc. and Main Street Brokerage Inc., both located in Barnesville, and arrested one of the...
COMMERCIAL AUTO RESULTS TAKE U-TURN
Jan 24 2005 // Commercial auto underwriting results took a U-turn in the right direction from 1999 to 2003, according to a new study by Conning Research and Consulting Inc. The study, Commercial Automobile Markets: Solid Sectors, Worthy...
RLI Opens Commercial Auto Unit
Dec 22 2004 // RLI Transportation, a division of RLI Insurance Company, has launched a commercial auto insurance unit. According to RLI Transportation President David Dunn, the new unit will write mono-line commercial auto business with...
Loss Ratios Improve in 45 States Nationwide
Nov 22 2004 // The commercial auto market went through some tough times. After years of deteriorating loss ratios, things have definitely turned around. What does this mean for the marketplace? In some cases, prices have started to...
Progressive Now Offering Commercial Auto in N.H.
Oct 22 2004 // As previously reported by Insurance Journal, The Progressive group of companies has begun offering commercial auto coverages in New Hampshire through more than 200 agents. The product is being marketing under its new Drive...
