Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Trinity Underwriting Managers Announces Commercial Auto Program
Feb 26 2013 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has expanded its commercial auto capabilities. TUMI has established a relationship with an “A” rated carrier that underwrites...
Scheider Joins R&R Insurance Services as Commercial Account Executive
Feb 26 2013 // R&R Insurance Services Inc. in Waukesha, Wis., has added Dan Scheider as commercial account executive. Scheider comes to R&R with more than five years of insurance experience. He began his career with National...
Employers Underestimate True Cost of Complying with Healthcare Reform: Willis
Feb 25 2013 // The majority of employers seek to avoid cost increases for their group health plans. However, more than half have not put pen to paper to calculate the cost of healthcare reform, according to a survey by the Willis Human...
Tempo Underwriting Teams with Berkley Europe for Commercial D&O
Feb 22 2013 // UK-based Tempo Underwriting announced that it has started underwriting Commercial D&O through a binding authority arrangement with W. R. Berkley Insurance (Europe), Limited, the European affiliate of W.R....
163K Nonfatal Workplace Injuries, Illnesses Reported by N.Y. Private Employers in 2011
Feb 14 2013 // Almost 163,000 nonfatal workplace injuries and illnesses were reported among New York private industry employers in 2011, according to data published today by the U.S. Bureau of Labor Statistics. That number translates to...
Insurer to Take 31,000 Commercial Wind Policies from Florida’s Citizens
Feb 14 2013 // Florida’s state-backed property insurer has approved a plan to shift 31,000 commercial wind-only policies to a new private insurer. The board of Citizens Property Insurance Corp. approved the plan earlier this week....
Court Grants Indiana Employer Relief from Contraceptive Coverage Mandate
Feb 12 2013 // An Indiana company has won temporary court relief from having to provide its employees with coverage for contraceptives and other birth-control procedures, as mandated under the 2010 healthcare overhaul. By a 2-1 vote, a...
10 Things to Know About the Commercial Auto Market
Feb 11 2013 // The commercial auto segment saw an underwriting loss in 2011 for the first time in nine years, with a combined ratio of 103.6 percent, according to a special report on the U.S. commercial auto insurance industry published...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Feb 11 2013 // Rates for commercial lines insurance will continue to rise in 2013, thanks to above average losses, low investment returns and receding reserve releases. However, according to a report by Marsh, traditional signs of a...
Insurance Prices ‘More of Same’ in 4th Quarter, Say Commercial Brokers
Feb 5 2013 // Insurance brokers across the country reported price increases in the commercial lines market in the fourth quarter of 2012. According to The Council of Insurance Agents & Brokers’ quarterly Commercial P/C Market...
Ohio Employers Want $860M from Work Comp Bureau After Ruling
Feb 4 2013 // Attorneys for employers who won a ruling against the Ohio Bureau of Workers’ Compensation are asking the state to pay $860 million. The lawyers say there are 270,000 Ohio employers who are due restitution after a...
Kansas Bill Would Limit Employer Access to Applicants’ Social Media Accounts
Jan 31 2013 // Two Kansas lawmakers are seeking support for a measure that would limit employers’ access to job applicants’ social media accounts. Rep. Gail Finney and Sen. Oletha Faust-Goudeau, both Democrats, back measures...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Jan 30 2013 // Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional...
EMPLOYERS Names Robertson Medical Director in Southern California
Jan 29 2013 // Reno, Nev.-based EMPLOYERS named Dwight L. Robertson, M.D., medical director. Dr. Robertson will provide physician oversight for the clinical direction of medical services for EMPLOYERS, as well as medical expertise with...
Less Than 50% of Small Businesses Offer Employee Benefits: LIMRA
Jan 29 2013 // Only 47 percent of small businesses (2-99 employees) in the United States offer benefits to their employees, the lowest level in two decades of research by the life insurance industry research organization LIMRA. According...
Travelers Adds Cyber Protection Tailored to Small Businesses
Jan 22 2013 // Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches worldwide analyzed by Verizon’s forensic analysis unit were at companies with 100 employees or less*....
Supreme Court to Hear Stanford Ponzi Lawsuits, Workplace Bias Case
Jan 21 2013 // The U.S. Supreme Court last Friday agreed to hear four new cases, addressing matters as diverse as the reach of a law designed to combat chemical weapons, and whether lawyers could be sued for having once represented...
2012 Landmark Year for Workplace Class Action Litigation: Study
Jan 14 2013 // When it comes to complex employment-related legal disputes, 2012 will be considered a landmark year, according to a new report on employment class action litigation. Many of the key rulings of 2012 in class action cases...
The Dilemma of Tiny Commercial Accounts
Jan 14 2013 // Many advisors suggest agents simply jettison small commercial accounts. But sometimes small is good. When small accounts are processed and serviced efficiently, these books can be much more stable in tough times than a few...
Bridges Joins RSI International as Commercial Underwriter
Jan 4 2013 // Texas-based RSI International Inc. announced that Brian Bridges has joined the firm in the role of commercial underwriter. Bridges brings 10 years’ experience in commercial property/casualty insurance, specializing...
