Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Endurance Launches U.S. Commercial Property Retail Division
Jul 8 2014 // Endurance Specialty Holdings Ltd. announced that Mark Maritzen has joined the company as executive vice president and head of commercial property within its U.S. Insurance operation. Maritzen will be responsible for...
ACE to Acquire Brazil’s Commercial P&C Insurer Itaú Seguros
Jul 7 2014 // ACE Limited announced that it has reached a definitive agreement to acquire the large corporate property and casualty (P&C) business of Itaú Seguros, S.A. from Itaú Unibanco S.A. for approximately $685 million. ACE...
The PPACA: What Employers Don’t Understand About Emerging Exposures
Jul 7 2014 // The Patient Protection and Affordable Care Act (PPACA) and the emerging regulatory environment present difficult challenges to employers. As employers, regulators, administrators and courts begin to struggle with...
Supreme Court to Decide UPS Workplace Pregnancy Accommodation Dispute
Jul 2 2014 // The U.S. Supreme Court will use a case involving United Parcel Service Inc. to decide whether pregnant employees can be denied accommodations such as light duty when other workers with disabilities receive them. The court...
Small Commercial Trucks in Kansas Exempt from Most Safety Rules
Jun 30 2014 // Starting July 1, Kansas is granting a yearlong exemption to small commercial trucks from most of the safety regulations it imposes upon larger haulers, despite the misgivings of some officials. The Topeka Capital Journal...
Small Businesses Lobby for Export-Import Bank
Jun 27 2014 // If the battle over the U.S. Export-Import Bank is Washington’s latest political tempest, then Don Nelson from Bakersfield, California is aiming at the eye of the storm. Nelson’s small oilfield equipment company...
Another Climate Report Outlines Business Risks, Insurance Pitfalls
Jun 26 2014 // “Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will impact...
Philadelphia Launches Commercial Excess Flood Coverage
Jun 26 2014 // Philadelphia Insurance Cos. (PHLY) is now offering commercial excess flood coverage to complement its commercial primary flood product. PHLY’s new excess coverage competitively priced and available at limits higher...
CNA Promotes Travieso to Small Business Sales Manager for Southeast Zone
Jun 25 2014 // Oliver TraviesoCNA Financial Corporation has promoted Oliver Travieso to the position of small business sales manager for the Southeast zone. In this role, Travieso will have primary responsibility for managing the...
Hong Kong Could Hold Employers Liable for Harassment by Passengers
Jun 25 2014 // A Hong Kong legislator backing a bill to help protect flight attendants from sexual harassment by passengers will seek to add language making employers liable for enforcing it. “Without that liability, the law will...
Business Risk Partners Hires Professional Liability Underwriter in Connecticut
Jun 23 2014 // Business Risk Partners, a Windsor, Conn.-based managing general underwriter, has appointed Erinn Coletti as professional liability underwriter. Previously, Coletti served as a specialty underwriter at The Hanover Insurance...
AssureStart Expands Online Small Business Insurance Sales to Three More States
Jun 20 2014 // AssureStart, the technology startup that sells small business insurance coverage on the internet, has opened for business in Colorado, Missouri and Oregon with plans to expand into additional states this year. AssureStart...
ANV Opens Cyber/Media MGU for U.S. Small Business with James River
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses. Leib Dodell, a veteran...
AIG Launches Global Commercial Property Coverage for Mid-Market
Jun 18 2014 // The American International Group, Inc. (AIG) insurers have launched a new line of multinational commercial property products and services, including expanded coverage, loss prevention engineering, and risk management...
Top Loss Leaders in the Oil Patch? Commercial Auto, Workers’ Comp
Jun 18 2014 // There’s no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and gas reservoirs...
Fireman’s Fund Names Travelers’ Grote to Commercial Field Executive Post
Jun 17 2014 // Fireman’s Fund Insurance Co. has appointed Walter Grote to the position of commercial insurance field executive. In this national role, Grote will lead Fireman’s Fund Commercial Insurance operations, including...
Ironshore Canada Enters Commercial Property Market for Sector Specific Risks
Jun 17 2014 // Bermuda-based Ironshore Canada has announced its entry into the Commercial Property Market with capacity that enhances its existing suite of specialty products available in the Canadian region. “Ironshore Canada has...
ProSight Launches Gap Endorsement for TV Commercial Producer Wrap-Up Policies
Jun 16 2014 // The ProSight Specialty Insurance group of companies has introduced a production policy endorsement designed to safeguard independent television commercial producers from potential losses not covered by a client’s...
Amazon Workplace Faces Safety Scrutiny After 2 Deaths
Jun 16 2014 // Amazon.com Inc.’s labor issues are growing at its sprawling network of fulfillment centers, where it ships everything from books to big-screen televisions. The U.S. Department of Labor said last week that it’s...
AIG Invests $1.5 Billion in Commercial Lending With Oak Hill
Jun 12 2014 // American International Group Inc., the largest property/casualty insurer in the U.S. and Canada, joined private-equity firm Oak Hill Capital Management to help start a lender serving medium-sized companies. AIG has...
