Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Fireman’s Fund Unveils iCustomer Series Initiative for Middle Market Segments
Jan 7 2003 // Fireman’s Fund Insurance Company announced the national rollout iCustomer Series(TM) initiative to the hotel, restaurant, real estate, retail, wholesale and manufacturing segments. The iCustomer Series program is a...
CDI Licenses Employers Direct Insurance Co.
Jan 7 2003 // Forgoing the use of independent agents, Employers Direct Insurance Company (EDIC), a new specialty California workers’ compensation insurance carrier with $50 million in capital, has been licensed by the California...
Commercial Roofers, Steel Erectors
Dec 19 2002 // Nuts & Bolts: Aerostaff Services Inc. has available a new market for Commercial Roofers and Steel Erectors and other Hazard Groups 6-10. This is a PEO arrangement; payroll must run through Aerostaff. Available on a...
Employers Mutual Casualty Affirmed
Dec 16 2002 // S&P’s Ratings affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members (collectively referred to as EMC) based on the...
GE Global, Employers Re Downgraded
Dec 16 2002 // Fitch Ratings downgraded the long-term issuer and senior debt rating of GE Global Insurance Holding Corporation (GE Global) to “A’ from “A+.” Fitch also downgraded the insurer financial strength...
Employers Mutual Casualty Affirmed
Dec 16 2002 // S&P’s Ratings affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members (collectively referred to as EMC) based on the...
Main Street America Launches Online Commercial Quoting Tool
Dec 9 2002 // Main Street America Group, the Keene, N.H.-based parent of National Grange Mutual Insurance and Old Dominion Insurance, announced the launch of a new online quoting tool, Quick Quote, for commercial insurance products on...
IIAANY Survey Shows Shrinking Commercial, Personal Capacity
Dec 9 2002 // Results of a recent survey conducted by the Independent Insurance Agent Association of New York Inc. (IIAANY) indicate a continuing decrease in availability of both personal and commercial insurance coverages in the state,...
Okla. Employers May Be Without Workers’ Comp Coverage
Dec 9 2002 // Oklahoma Insurance Commissioner Carroll Fisher warned employers in his state that they might have non-existent workers’ compensation policies, after learning that a series of unauthorized certificates were issued in...
S&P’s Maintains Negative Outlook on Commercial Insurers
Dec 5 2002 // U.S. commercial-lines insurers are still plagued by inadequate reserves, according to Standard & Poor’s just-published outlook for 2003, and bullish pricing cannot simply sweep the problem away. Standard &...
BIG Takes INSTEC Commercial Package Policy Software
Dec 3 2002 // Commercial P&C insurance software provider, INSTEC, announces that Builders Insurance Group (BIG) of Georgia has implemented INSTEC’s Commercial Package Policy software for their General Liability line of...
Commercial Auto and General Liability
Dec 2 2002 // Nuts & Bolts: JLD Insurance Brokerage is offering a program for commercial auto and general liability. Dollars: Policy limits of $1,000,000 to $2,000,000. Carrier: Admitted market. States Available:...
COMMERCIAL MARKET INDEX RELEASED
Nov 25 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
S&P Affirms Employers Mutual Casualty Co ‘BBBpi’ Ratings
Nov 20 2002 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBBpi’ (the ‘pi’ indicates the ratings are based on “public information”) counterparty credit and...
Ind. Agents and Brokers Continue to Increase Market Share in Personal, Commercial Lines
Nov 15 2002 // Independent agents and brokers are capturing an increasing share of both the personal lines and commercial lines markets, the Independent Insurance Agents & Brokers of America’s (IIABA) annual market share study...
AIG’s American International Companies Unveils Workplace Violence Insurance
Nov 15 2002 // American International Group, Inc. (AIG) announced that the American International Companies have introduced Workplace Assurance(SM), an insurance coverage for the financial loss associated with incidents of violence in...
Harleysville Reports 16% Commercial Premium Growth
Oct 28 2002 // The Harleysville Group Inc. of Harleysville, Pa. announced results for the third quarter of 2002. Company chairman and CEO Walter Bateman noted that commercial lines also achieved a combined ratio of 100 percent....
Commercial Insurance Market Index Released
Oct 28 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
TWCC to Hold Workplace Violence Prevention Workshop
Oct 25 2002 // The Workers’ Health and Safety division of the Texas Workers’ Compensation Commission scheduled a one-day educational seminar on Workplace Violence Prevention for November 13, 2002 in Dallas. The purpose of...
Garamendi Receives Commissioner Low, Calif. Small Business Endorsements
Oct 25 2002 // Democratic nominee for California Insurance Commissioner John Garamendi recently added current California Insurance Commissioner Harry Low’s endorsement, along with the California Small Business Association...
