Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Main Street America Expands Commercial Product Line to Minn.
Aug 7 2012 // 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...
Tennessee Spells Out Qualifications for Exempt Commercial Risk Policyholders
Aug 6 2012 // Tennessee regulators have issued a new form to allow large companies to qualify as an exempt commercial risk policyholder and purchase insurance that is not regulated by the state. As of July 1, a new section was added to...
Few Employers in New England Plan to Drop Health Insurance: Survey
Aug 3 2012 // A new survey says few employers plan to drop health insurance following the Supreme Court ruling upholding the Patient Protection and Affordable Care Act — but most do plan to take steps to control costs. According...
NFIB, EMPLOYERS Expand Workers Comp Program to New Jersey
Aug 2 2012 // The National Federation of Independent Business (NFIB) has extended discounted workers’ compensation coverage benefits to its members in New Jersey through EMPLOYERS. Based on the latest expansion, EMPLOYERS offers...
Texas Employers Add Nearly 13K Jobs in June
Aug 1 2012 // Although the unemployment rate rose slightly in Texas in June 2012 compared with May 2012, the state still added nearly 13,000 nonfarm jobs during the month, state officials reported. Texas economy added 12,900 seasonally...
Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2
Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier. The results were hampered by weaker investment results and significant catastrophe...
Ironshore Launches Commercial Crime Coverage Through Pembroke Syndicate
Jul 26 2012 // Ironshore Inc. has launched a specialty commercial crime product to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London. Offering coverage limits up to GBP 20 million, Ironshore’s commercial...
Fireman’s Fund Adds Rippley as Commercial Insurance Exec. in Chicago
Jul 26 2012 // Fireman’s Fund Insurance Co. has appointed Leslie Rippley as commercial insurance zone executive for the West. She is based in the company’s Chicago office. Rippley will have underwriting responsibility and...
Police: Woman Killed in Arkansas Workplace Shooting
Jul 24 2012 // A woman is accused of fatally shooting a co-worker on July 23 at an Arkansas plant after the two apparently had an earlier altercation, authorities said. Lillie Foots-Wilson was being held on a first-degree murder charge,...
Heffernan, VentureLoop Launch Professional Employer Organization
Jul 24 2012 // Walnut Creek, Calif.-based Heffernan Insurance Brokers is partnering with VentureLoop to launch VentureLoop HR, a professional employer organization that provides payroll, benefits and human resources specifically for...
Employers Turn to Healthcare Law’s Requirements
Jul 23 2012 // The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and...
Progressive Expands Commercial Auto Offerings, Introduces New Coverage
Jul 19 2012 // Progressive Insurance has expanded its commercial auto product with updated offerings and programs. The latest commercial package brings more coverage options and introduces a customer loyalty program. Highlights of the...
Global Commercial Market Firmed in Q2: Marsh
Jul 18 2012 // Editor’s Note: A previous story on a Marsh report on the U.S. Commercial Market was from 2011 and ran in error. Insurance Journal regrets the error. Here is the latest Marsh report. Rates in the global insurance...
Finaccord Survey Finds Growth in EU Commercial Non-life Brokerage Receipts
Jul 17 2012 // Newly released data from Finaccord, a London-based market research consultancy specializing in financial services, reveals that the market for commercial non-life insurance broking reached a value of €9.89 billion...
Motorists Commercial Mutual Names Kimmes VP of Marketing
Jul 16 2012 // Motorists Commercial Mutual Insurance Co., based in Edina, Minn., has selected Shawn Kimmes as vice president of Marketing. Kimmes previously served as a district sales manager responsible for territory in Minnesota at...
Zodiac Insurance Services to Distribute IronPro Small Business Coverages
Jul 16 2012 // IronPro, the U.S. professional and management liability unit of Ironshore, has announced a strategic alliance with Zodiac Insurance Services, Inc. focused on the coverage needs of small business enterprises. Zodiac...
Willis Obtains Commercial Lines Intermediary License from Guernsey
Jul 16 2012 // Willis Group Holdings announced that it has been issued a full commercial lines license to conduct insurance intermediary services in Guernsey under the Insurance Managers and Insurance Intermediaries Bailiwick of Guernsey...
Rey Made Director of Topa’s Commercial Lines
Jul 12 2012 // Los Angeles, Calif.-based Topa Insurance Co. has made Robert Rey director of underwriting for its commercial property and casualty lines brokerage division. Rey has more than 35 years of commercial lines underwriting and...
GMI Adds Plaza Insurance to Business Auto Carrier List
Jul 12 2012 // GMI Insurance has expanded its business auto program with the addition of Plaza Insurance Co., an admitted carrier in 47 jurisdictions. Eligible accounts for GMI’s business auto program include automobile fleets that...
Higginbotham Expands Dallas and Houston Business Insurance Staff
Jul 11 2012 // Dallas-based independent insurance firm, Higginbotham, hired broker and sales producer Byron E. Johnson as executive vice president within its commercial property and casualty division. Johnson and his account service team...
