Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Oklahoma Bank to Focus on Small Businesses
Aug 9 2010 // After two years of preparation, Central National Bank in Enid, Okla., will focus its growth strategies on penetrating Tulsa’s small business market. “Obviously the growth for the bank is going to come from the...
Business Risk Partners Buys Renewal Rights from ProAssurance
Aug 6 2010 // Connecticut-based Business Risk Partners has purchased the renewal rights to the miscellaneous professional liability book of Houston-based ProAssurance Mid-Continent Underwriters Co. Underwriting on behalf of...
Great American Unveils Commercial Surety Online Underwriting System
Aug 5 2010 // The Bond Division of Great American Insurance Group, headquartered in Cincinnati, Ohio, announced the launch of mySurety, a commercial surety online underwriting and bond issuance system, a Web-based platform for agents to...
Employers Holdings Q2 Net Premiums Written Declined 15.5%, Reducing Workforce
Aug 5 2010 // Reno, Nev.-based Employers Holdings Inc. has reported second quarter 2010 net income of $16.5 million compared with $20.3 million in the second quarter of 2009, a decrease of $3.8 million or $0.05 per share. Net income for...
Monarch E&S Names Perry Senior Commercial Underwriter
Aug 5 2010 // Monarch E&S Insurance Services has hired Debbie Perry as a senior commercial underwriter to work out of its new Arizona office. She will write business in Arizona, Nevada and Hawaii. Perry started in the insurance...
Milton O. Johnston to Offer Main Street America Commercial Coverages
Aug 4 2010 // Houston, Texas-based managing general agent Milton O. Johnston & Co. Ltd. has been appointed by The Main Street America Group to write commercial general liability, commercial auto (liability and physical damage) and...
Iowa Offering Loans to Small Businesses
Aug 4 2010 // A new state loan program in Iowa designed to help entrepreneurs and small businesses is now accepting applications. Iowa businesses with less than 35 employees can get a loan up to $50,000 from the Iowa Small Business Loan...
Beck Named CEO of Texas-based Business Insurance Now
Aug 4 2010 // Darren Beck has been named chief executive officer of Business Insurance Now, an online marketplace for commercial insurance for small businesses. He will also serve as a member of the Allen, Texas-based company’s...
Court Orders Employer to Repay $104K to Texas Mutual
Jul 30 2010 // Texas Mutual Insurance Co. announced that a Travis County district court sentenced Cheryl Bussey of Mansfield, Texas, on workers’ compensation fraud-related charges. Bussey was sentenced to 10 years’ deferred...
Frost Insurance Adds Bondurant as Commercial Practice Leader
Jul 30 2010 // Rick Bondurant has joined Frost Insurance Agency in Austin, Texas, as statewide Commercial Lines Practice leader. In this role, Bondurant is responsible for leading the planning, organizing and operating activities of the...
As Commercial Roofing Materials Change, So Do Risks
Jul 28 2010 // Commercial roofing, already complicated, is getting more so as new types and materials are being introduced, according to a leading engineer who specializes in assessing roof losses for insurers. Kenneth R. Gilvary, a...
H. Linwood Insurance Services Writes Commercial Insurance
Jul 27 2010 // Headquartered in Carlsbad, Calif., H. Linwood Insurance Services Inc. (HLIS) has opened its doors as a full-service brokerage firm for commercial insurance business in multiple states. In addidtion to its home office, the...
Wilson Joins Business Risk Partners as National Sales Director
Jul 26 2010 // Connecticut-based managing general agent Business Risk Partners has hired Mark A. Wilson as director of national sales. Wilson served as the agency director of broker relations from 2002 to 2006, overseeing marketing for...
Wyoming Aims to Decrease Workplace Fatalities
Jul 26 2010 // Many years ago when Mindy Hixon started working in the family trucking business in Carbon County, Wyo., she realized safety wasn’t a top priority. “I knew for a fact what we were doing was illegal, unsafe and...
Risk Managers See More Commercial Lines Premium Decreases in Q2
Jul 22 2010 // Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between 2.5 and 3.8 percent were reported for property,...
Conover Insurance Names McEuin VP in Commercial Division
Jul 22 2010 // Conover Insurance of Pasco, Wash., has named Darren McEuin vice president within the commercial division. McEuin joined Conover in 2001 as an account executive in the Commercial Insurance Division and primarily...
Commercial P/C Insurance to Lag Economic Recovery: Conning Analyst
Jul 21 2010 // While property/casualty personal lines premiums are benefiting from rate growth, commercial lines continue to show softness, and will lag the economic recovery, according to the most recent Property-Casualty Industry...
Employers Holdings To Announce Q2 Earnings Aug. 5
Jul 20 2010 // Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s second quarter 2010 financial...
Small Businesses Pay 33% of Rising Tort Costs Out-of-Pocket
Jul 19 2010 // A new study from the U.S. Chamber of Commerce shows that small businesses shoulder a sizable burden of the nation’s tort liability costs, having paid $105.4 billion in 2008 – a third of it out of their own...
National Interstate Expands Commercial Auto to 4 More States; Seeks Agents
Jul 14 2010 // National Interstate Insurance Co. is now making its commercial vehicle insurance product available in Alabama, Georgia, Tennessee and Virginia. The Richfield, Ohio company said it is actively seeking to increase its...
