Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Missouri Approves Sale of Commercial HMO Business
Jan 3 2001 // The Missouri Department of Insurance has approved Health Partners of the Midwest’s sale of its commercial HMO business to Group Health Plan, another health maintenance organization based in St. Louis. The transaction...
RLI Develops Commercial Surety Unit
Dec 20 2000 // RLI Corp. has formed RLI Commercial Surety to augment its surety division. The group of commercial surety professionals will develop the product line into a significant component of RLI’s successful surety segment,...
Commercial Dereg Bill Passes in D.C.
Dec 7 2000 // Legislation to reduce government regulation of commercial insurance in Washington, D.C. achieved final passage Tuesday through a unanimous vote of the District of Columbia Council. The Insurance Trade and Economic...
Commercial P/C Rates Continue to Harden
Nov 20 2000 // Property/casualty rates for small, medium and large commercial lines continued to rise between July 1 and Sept. 30, according to The Council of Insurance Agents and Brokers’ Commercial Insurance Market Index for the...
Kemper Targets Small Business Market with Specialized Coverages
Nov 15 2000 // Kemper Insurance Cos. is targeting the small business market for substantial growth with a new line of specialized coverages, capitalizing on the economy’s fastest-growing segment, which generates more than $50...
D.C. Commercial Dereg Bill Approved by Council
Nov 10 2000 // Legislation to reduce government regulation of commercial insurance in D.C. cleared another legislative hurdle yesterday when the District of Columbia Council voted unanimously to approve the “Insurance Trade and...
SAFECO’s American States Business Insurance Renamed
Nov 8 2000 // SAFECO subsidiary American States Business Insurance will now be called SAFECO Business Insurance. The change comes three years after SAFECO acquired Indianapolis-based American States Insurance, a purchase that filled...
The Hartford Introduces Changes in Small Business
Oct 26 2000 // Spectrum 2000 is an especially significant improvement since it offers much more flexibility and greater protection against property and liability losses. More than 700 types of businesses can now be protected with The...
Surplus Inc. Acquires CIA’s Commercial Book
Oct 23 2000 // Surplus Inc., a Spring, Tex.-based MGA, has acquired the commercial book of business from Combined Independent Agencies (CIA). The book includes property, casualty, package and commercial auto. CIA’s workers’...
Commercial Auto Rates Up; Sector Ripe for Rapid Change
Oct 23 2000 // Someone up above has been listening. How else can one explain the hardening market that has been the subject of thousands of prayers. Both agents and E&S vendors, then, should be doubly excited about the commercial...
The Hartford Expands Program for Small Businesses
Sep 26 2000 // The Hartford has expanded Spectrum, its signature product for small business, and is now providing more coverages and higher basic and optional limits, while extending eligibility to more than 200 additional classes of...
Commercial Property/Casualty Rates Continue Upwarde
Sep 18 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers (CIAB). Through its quarterly Market Index Survey, released last month, CIAB...
Calif. Labor Dept. Reports Decrease in Workplace Fatalities
Sep 14 2000 // Good news for workers, employers and insurers alike: the number of workers killed on the job in California in 1999 was at the lowest level since 1992. These findings and others were recently published in the annual report...
Commercial P/C Rates Continue Upward
Sep 4 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers. The same held true in Texas, where brokers estimate premium increases...
Commercial P/C Rates Continue Upward
Aug 16 2000 // Commercial property-casualty rates continued to increase across the country according to a report by The Council of Insurance Agents and Brokers. Through its quarterly Market Index Survey, released today, The Council...
EMPLOYERS UNPREPARED FOR E-RISK
Aug 7 2000 // A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. The Assurex E-Risk Survey, conducted by the Human Resource Institute of Eckerd College in...
InsuranceNoodle.Com to Offer Small Business Coverage In Midwest
Aug 4 2000 // InsuranceNoodle.com, a new insurance e-broker, has launched an online insurance solution targeted at small business owners in Illinois, Indiana, Wisconsin, Iowa, Minnesota and Kansas. By September, the company expects to...
Travelers To Buy Reliance Middle-Market Account
Jul 24 2000 // Travelers Insurance has reached an agreement in principle with Reliance Group Holdings to purchase the renewal rights to a portion of Reliance Insurance Group’s commercial lines middle-market book of...
Washington D.C. Commercial Deregulation Bill Passes
Jul 13 2000 // Legislation to reduce government regulation of commercial insurance in Washington D.C. was approved by the District of Columbia Council. Under the legislation, large commercial risks are exempt from filing requirements for...
Four Southern Californians Arrested for Employer Premium Fraud Scheme
Jul 12 2000 // Following a nine-month investigation, Mostafa Behesti, 43, and Rahimi Morteza, 59, owners of Castello Inc., along with bookkeeper Emma Luz Guerzon, 46, and Margaro Haro, 37, owner of Haro’s Landscaping, were all...
