Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Construction Insurance Brokers Say Building Backlog is Saving Commercial Sector… For Now
Jan 11 2009 // But Challenges Could Lie Ahead in 2009 Even With Government Stimulus Package Commercial construction insurance brokers from the northeast to the west coast, from Texas all the way to North Carolina, say the market and...
New Employment Laws, Power Shift in Washington May Increase the Risk of Workplace Charges
Jan 11 2009 // What Insurance Professionals Need to Know to Protect Their Commercial Clients As the economy continues to falter and a new Administration takes over in Washington, the workplace is being seeded with new legal hazards for...
Williams Promoted to Commercial Underwriter at First Premium
Jan 6 2009 // Covington, La.-based First Premium Insurance Group Inc., a growing regional property and casualty insurance broker and certified managing general agent, has promoted Kellie Williams to commercial underwriter. Kellie first...
Advisen Predicts Hardening of Commercial Insurance in Late 2009
Dec 31 2008 // The commercial insurance market cycle is close to its bottom and general commercial insurance prices will begin increasing by the fourth quarter of 2009 or the first quarter of 2010, according to a consultant to the global...
Workplace Injury Rates Lower for Foreign-born Workers, Study Finds
Dec 24 2008 // A new study funded by U.S. National Institute for Occupational Safety and Health says that foreign-born workers reported a lower rate of non-fatal work-related injuries than U.S.-born workers, based on data collected from...
Zurich Gaining Commercial Insurance Clients Away from Rivals
Dec 22 2008 // Swiss insurer Zurich Financial Services Group is drawing U.S. commercial clients away from financially beleaguered rivals, a company executive for North America said on Friday. “We have seen higher submissions and...
Florida High Court Nixes Business Liability Waivers Affecting Children
Dec 18 2008 // The Florida Supreme Court has ruled that a parent can’t execute an injury liability waiver for a minor child when the liability release involves participation in a commercial, as opposed to community or nonprofit,...
Alabama Small Businesses Providing Health Insurance Get Tax Break
Dec 18 2008 // A tax break that takes effect for many Alabama small businesses on Jan. 1 is being implemented by state tax officials to cover as many companies as possible. State Revenue Commissioner Tim Russell said his department is...
Commercial Insurance Prices Dropped 4% in Q3, Reports Towers Perrin
Dec 17 2008 // Commercial insurance prices dropped four percent during the third quarter of 2008 compared to the same quarter a year ago, according to Tower Perrin’s most recent commercial lines insurance pricing and profitability...
OnPoint Underwriting To Acquire Commercial Insurance Services
Dec 17 2008 // Atlanta-based OnPoint Underwriting has acquired the assets of Commercial Insurance Services, based in Greenwood Village, Colo. Terms of the transaction were not disclosed. Commercial Insurance Services is led by Bob...
Thoits Insurance Promotes Hudson to Commercial Lines Manager
Dec 12 2008 // San Jose, Calif.-based Thoits Insurance Service Inc has promoted Shanel Hudson to commercial lines manager. She will manage the commercial lines support units for Select, Risk Management and Programs. Shanel joined Thoits...
Commercial Alliance Insurance Names Deal as Bond Manager in Dallas
Dec 8 2008 // Commercial Alliance Insurance Company (CAIC Surety) has named Richard Deal as the Bond manager of its Dallas office. Deal joined CAIC Surety in July 2008 to expand the company in the North Texas region. From Dallas, CAIC...
Aon Launches New Global Specialty Business Unit
Dec 2 2008 // Following the closing of its acquisition of the UK-based Benfield Group, Aon has announced that it has created a new global specialty business unit – Aon Specialty. The bulletin described the new operation as...
Texas Mutual, NFIB Partnership Pays Dividends for Small Businesses
Nov 25 2008 // Texas Mutual Insurance Company announced a $446,998 dividend to the National Federation of Independent Business (NFIB) purchasing group for manufacturers. The group has earned more than $542,000 in dividends since 2007,...
Reynolds Joins Willis as Commercial Property Advisor
Nov 20 2008 // Willis Group Holdings announced the appointment of Philip Reynolds as an advisor to its Property Investors Division. Starting in 1995, he “created and built the Royal & SunAlliance (RSA) Property Investors Unit...
Treasury Turns Attention to Credit Needs of Small Businesses
Nov 20 2008 // The Treasury Department said it is working with the Federal Reserve on a plan to make access to credit easier for small businesses. Maintaining that illiquidity in the asset-backed securitization market is affecting the...
Atlas Insurance Appoints Hodson VP of Commercial Lines Division
Nov 19 2008 // Honolulu-based Atlas Insurance Agency Inc. has appointed Sharon Hodson as vice president in its Commercial Lines division. Hodson will be responsible for managing the company’s independent agent workforce in that...
Brown & Brown Acquires Small Business Unit of N.J.’s Conner Strong
Nov 18 2008 // Florida- based Brown & Brown, Inc. said it it has agreed to acquire the small business insurance unit of Conner Strong Companies, Inc., which is headquartered in Cherry Hill, New Jersey. The small business insurance...
Scorecard: Small Business at the Supreme Court
Nov 16 2008 // There is no question that the U.S. Supreme Court’s decisions impact small business. In fact, studies have shown that more than 40 percent of the court’s cases deal with issues that directly affect the business...
Florida’s Citizens Offers New Commercial Nonresidential Policy
Nov 16 2008 // Florida’s state-backed Citizens Property Insurance Corp. has begun offering a commercial nonresidential multi-peril policy for business. This new policy is available to eligible nonresidential risks located...
