Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Boozing, Promiscuous Business Travelers Put Selves, Employers at Risk
Feb 20 2015 // America’s business travelers are too often mixing business with pleasure, exposing themselves and their employers to dangerous scenarios. According to a national survey by On Call International, a customized travel...
Florida’s Tower Hill Prime Now Writing Commercial Lines Products in the State
Feb 19 2015 // Tower Hill Insurance Group has made its commercial lines products available to Florida businesses through Tower Hill Prime Insurance Co. Tower Hill Prime is an admitted property and casualty carrier headquartered in...
Atlas in California Names Lasher SVP of Commercial Operations
Feb 17 2015 // San Diego, Calif.-based Atlas General Insurance Services LLC has named Charles Lasher senior vice president of commercial operations. Lasher will be responsible for development, implementation and distribution of...
South Dakota Workplace Shooting Leaves 2 Dead, 2 Injured
Feb 17 2015 // The mood in the community of Lennox, S.D., is somber and likely will remain that way for a while, as residents prepare for the funeral of a man killed in a workplace shooting. The funeral for Jon Richter, 45, is scheduled...
U.S. Issues Draft Rules on Commercial Use of Drones; Insurers Welcome
Feb 16 2015 // The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been...
Poll Says Small Businesses Foster Sedentary Work Environment
Feb 10 2015 // Workplace wellness doesn’t seem to be all that high on the list for small businesses, where getting employees active and moving seems to be taking a back seat to other priorities. A poll designed to find out how much...
Feds: Ohio Workplace Fatalities on the Rise
Feb 9 2015 // Workplace fatalities have been rising in Ohio, and federal officials cite lack of attention to safe work practices and training and the existence of younger and newer manufacturing and construction workforces. There had...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 9 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
10 Things to Know About Business Auto
Feb 9 2015 // The Business Auto Coverage Form (BACF) is the most commonly used form for business auto liability insurance.Autos in the form are defined to include cars, trucks, trailers, vans or other vehicles designed for use on public...
A.M. Best: Outlook Stable for Louisiana’s Stonetrust Commercial Insurance
Feb 6 2015 // A.M. Besthas removed from under review with negative implications and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of Stonetrust Commercial Insurance...
How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers
Feb 6 2015 // While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new...
Understanding Commercial Property Underwriting and ‘COPE’
Feb 3 2015 // Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years. So what are these time-honored elements? The...
Willis, Clark Thomson in Commercial Network Tie; SME Transfer
Jan 29 2015 // Willis Group Holdings announced that Scottish independent broker, Clark Thomson Insurance Brokers Ltd (CTIB), has agreed to join Willis Commercial Network (WCN) in a deal that includes the purchase of Willis’s...
Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance,...
Supreme Court Backs Employer on Retirees’ Pay for Health Benefits
Jan 27 2015 // The U.S. Supreme Court on Monday sided with a company that amended a collective bargaining agreement to force retirees to pay toward healthcare costs, throwing out a lower-court ruling that favored the former employees who...
Starr Cos. Add Umbrella Product to Small Business Policies
Jan 26 2015 // Starr Cos. has launched a new commercial insurance umbrella liability policy, designed specifically for small-sized businesses. This product marks the next phase in Starr’s growing suite of insurance options for...
California Motor Vehicles Revokes Notice on Commercial Plates for Uber
Jan 26 2015 // California has retracted a notice that said private drivers for ridesharing companies such as Uber Technologies Inc. and Lyft Inc. must have a commercial license plate or risk getting a citation. The California Department...
Ohio BWC Proposes Private Employer Workers’ Comp Rate Reduction
Jan 25 2015 // Ohio Bureau of Workers’ Compensation (BWC) is proposing to reduce overall premium rate levels for private employers beginning July 1, 2015. The 10.8 percent reduction would result in a decrease in projected annual...
Study Finds Workplace Trust a Predictor of Comp Outcomes in Arkansas
Jan 25 2015 // A new study from the Workers Compensation Research Institute (WCRI) identified new predictors of worker outcomes that can help public officials, payors, and health care providers in Arkansas improve the treatment and...
Committee Advances Bill To Increase Wyoming Workplace Safety Fines
Jan 23 2015 // A bill to increase penalties against Wyoming employers when safety violations result in worker fatalities has cleared its first hearing. The Senate Labor, Health and Social Services Committee on Wednesday recommended...
