Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
R&M Releases 2004 Guide to U.K. Distribution of Commercial General Insurance
Nov 26 2004 // Dublin’s Research and Markets has announced the addition of a guide to U.K. Commercial Insurance Distribution 2004 to their offering. “This report provides a comprehensive guide to the distribution of...
Ky. Gov. Appoints Former Legislator to Employers’ Mutual Insurance Authority Board
Nov 24 2004 // Kentucky Gov. Ernie Fletcher recently announced the appointment of Jon Ackerson of Louisville to the Kentucky Employers’ Mutual Insurance Authority Board of Directors. Ackerson is currently an attorney with Ackerson...
Rated Self-Insurance Pools Outperform Commercial Insurers and Captives, A.M. Best Study Shows
Nov 18 2004 // Self-insurance pools interactively rated by A.M. Best Co. bear out the effectiveness of the stringent entrance requirements of members, focused loss-mitigation activities, and ownership interest in both the loss exposure...
Safeco Now™ Expands to Include Commercial Multi-Peril
Nov 16 2004 // Seattle-based Safeco announced it is again expanding the product breadth available on its single-platform online sales center Safeco Now™. In a breakthrough move for small-business insurance sales, the company has...
Senate Hearing Set for Nov. 16 on Commercial Brokerage Controversy
Nov 12 2004 // Marking the first formal congressional inquiry since allegations of abuse in the commercial insurance brokerage industry emerged last month, U.S. Senator Peter Fitzgerald (R-Ill.) will chair a Senate subcommittee oversight...
Utah WCF Urging Workplace Safety for Fall/Winter
Nov 11 2004 // As temperatures fall, certain workplace injuries tend to rise. Utah’s Workers Compensation Fund is urging workers statewide to learn preventive tactics to remain safe on the job this fall and winter. Common...
Hull Introduces Commercial Risk Program
Nov 9 2004 // An exclusive Best’s-rated “A XIV” program for commercial risks, including and excluding wind, is now available in Florida from Hull & Company. The property program is designed for risks up to $5...
Commercial Agribusiness
Nov 8 2004 // Nuts & Bolts: The Seattle, Wash.-based Mattei Companies is offering a new market for commercial agribusiness. The program has now expanded into 30 states targeting operations after the product has left the fields,...
Nine Ways to Get Personal When Selling Business Insurance
Nov 8 2004 // Every business insurance prospect yearns to be treated as an individual. No serious executive, regardless of their firm’s size, wants their company’s insurance problems to be solved by some prewritten,...
Hub Quebec Sub to Sell Personal Lines Book; Will Concentrate on Commercial, Private Clients
Nov 5 2004 // Chicago-based Hub International Limited has announced some major changes in the operations of its Quebec-based hub, Martin Assurance & Gestion de Risques Inc. (Martin). The company has signed a letter of intent to...
Best Lowers Outlook for Employers Re Group, Westport, First Specialty to Negative
Nov 3 2004 // A.M. Best Co. announced that it has revised the rating outlook to negative from stable on the “A” (Excellent) financial strength ratings for Employers Reinsurance Corporation of Overland Park, Kan. and GE...
St. Paul Travelers Looks to Bring Top Line in Commercial Up as it Unveils Q3 Report
Oct 28 2004 // The St. Paul Travelers Cos. Inc. (NYSE:STA) has reported net income of $340 million for the third quarter ended Sept. 30, 2004, or $0.51 per basic share and $0.50 per diluted share, compared to $426 million, or $0.98 per...
B&W to Discontinue Small Business WC Product
Oct 26 2004 // Baldwin & Lyons, Inc. announced that its Indiana-based Sagamore Insurance Company subsidiary will no longer market and underwrite workers’ compensation coverage for small businesses. “This product line,...
Employers Re Affirmed
Oct 25 2004 // Standard & Poor’s Ratings Services affirmed its “A+” counterparty credit and financial strength ratings on Employers Reinsurance Corp. and affiliated insurance/reinsurance entities (collectively...
Small Businesses Struggle to Stay Afloat in Hawaii’s Tumultuous Workers’ Comp Market
Oct 25 2004 // The issues surrounding Hawaii’s workers’ compensation system have been a topic of debate for agents, brokers, politicians and small businesses over the past several months as reform attempts to fix the troubled...
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...
Illion to Lead CNA Small Business Unit
Oct 21 2004 // Chicago-based CNA Financial Corp. announced that Larry Illion has joined CNA insurance companies as senior vice president of CNA Small Business, a $650-million business operation. Prior to joining CNA, Illion worked for...
Minn. Gov. Asks for Commercial Insurance Review
Oct 21 2004 // Citing concerns that Minnesota businesses and their employees may have been affected by alleged “bid rigging,” Gov. Tim Pawlenty has asked Commerce Commissioner Glenn Wilson to review the relationship between...
Q3 Commercial P/C Premiums Continue Fall
Oct 20 2004 // Commercial property/casualty insurance premiums continued to decline significantly during the third quarter of this year, with two-thirds of all large and medium accounts experiencing drops of up to 20 percent and an...
W. Va. WCC Files Injunctions Against Employers
Oct 19 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. The injunctions were filed in Kanawha County...
