Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Small Business Insurance Provider AssureStart to Launch in Texas
Nov 8 2013 // Madison, Wis.-based American Family Insurance is partnering with Seattle-based start-up, AssureStart, to sell small business insurance online to Texas businesses beginning in mid-November. After launching in Texas,...
Senate Expected to Pass Gay Workplace Rights Bill Opposed by House
Nov 7 2013 // Most employers would be banned from firing, demoting or refusing to hire workers because of their sexual orientation or gender identity under legislation in line for action today in the U.S. Senate. The measure, known as...
Maryland’s Chesapeake Employers: Business as Usual for Policyholders, Agents
Nov 1 2013 // Maryland’s largest writer of workers’ compensation insurance and the insurer of last resort adopted a new name and a new corporate structure in October. The 99-year-old Injured Workers’ Insurance Fund...
ProWriters Launches Small Business Online Quoting Platform
Oct 29 2013 // ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small...
Hyperion Group Subsidiary DUAL to Acquire PGI Commercial
Oct 28 2013 // The London-based Hyperion Insurance Group, an international insurance intermediary, announced its intention to expand its underwriting agency business in the U.S. through the acquisition, by its subsidiary DUAL, also based...
Ohio Public Employers to See Lower Workers’ Comp Rates
Oct 25 2013 // The Ohio Bureau of Workers’ Compensation board of directors has approved an average rate reduction of 1.6 percent for public employer taxing districts. The BWC said the change will result in Ohio’s 3,900...
Louisiana Forensic Firms Move into New Business Lines
Oct 24 2013 // After Hurricane Katrina, several forensic engineering firms popped up in the New Orleans area to serve an insurance industry overwhelmed with thousands of damage claims. Since the storm, the companies that remain in New...
Maryland’s Chesapeake Employers Promotes Dreher to Director of Underwriting
Oct 24 2013 // Chesapeake Employers’ Insurance Company, formerly IWIF, recently announced that Joanne Dreher has been promoted to director of underwriting.Joanne DreherIn this new position, Dreher is responsible for the operational...
Program Business Market Grows 10% to $27B, TMPAA Study Finds
Oct 23 2013 // The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, characteristics, growth and other base-line information about the program insurance market....
States Going After Employers Who Misclassify Workers as Independent Contractors
Oct 18 2013 // When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime. Danny Odom, chief operating...
Dovetail Insurance Offering NetComp to Small Businesses in Arkansas, Iowa, Kansas
Oct 11 2013 // Dovetail Insurance announced it is now offering its NetComp workers’ compensation insurance to small businesses in Arkansas, Iowa and Kansas. The product is available through independent agents. Dovetail’s...
AIG Sued by Small Businesses Over Workers’ Compensation Reporting
Oct 10 2013 // Class action lawsuits in federal courts on both coasts have been initiated on behalf of small businesses in California, New York and New Jersey against American International Group (AIG) over workers’ compensation...
Forecast for 2014 Commercial P/C Pricing: Willis
Oct 9 2013 // Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, insurance and reinsurance broker...
Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More
Oct 9 2013 // The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to safety hazards at factories and the condition of nursing homes. Federal law requires...
LIU, PGI Commercial Partner to Offer Environmental Coverage
Oct 9 2013 // Liberty International Underwriters (LIU) has partnered with program administrator PGI Commercial to offer LIU Environmental coverages under a new program administrator agreement. PGI Commercial’s clients now have...
Commercial Rates Up 5% in September: MarketScout
Oct 7 2013 // U.S. businesses buying property/casualty insurance in September saw a five percent rate increase on average, according to the latest index from MarketScout. MarketScout said the composite rate for was up from plus 4...
Maryland’s IWIF Converts to Chesapeake Employers
Oct 7 2013 // On Oct. 1, the Injured Worker’s Insurance Fund (IWIF), Maryland’s largest provider of workers’ compensation insurance, launched a new name and corporate structure as a private, not-for-profit company. As...
I.I.I. on Business Insurance Lessons Learned From Sandy
Oct 4 2013 // The difficulty many businesses had reopening after Superstorm Sandy is a reminder of the importance of having a disaster recovery plan and the right type and amount of insurance, according to the Insurance Information...
Liberty Mutual’s Commercial Insurance Unit Names VP for East Division
Oct 2 2013 // Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Thomas J. Kelley as vice president and managing director for the East division. Based in Philadelphia, Kelley is responsible for...
Ohio Work Comp Bureau Awards More Than $258K to Support Workplace Safety
Sep 30 2013 // Ohio Bureau of Workers’ Compensation (BWC) has awarded more than $258,000 in safety intervention grants, split among nine employers. “We have more money available for safety-minded businesses this year, thanks...
