Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Florida, Georgia Insurer First Commercial to Be Liquidated
Sep 7 2009 // Miami-based First Commercial Insurance Co. and its subsidiary have been declared insolvent and ordered liquidated about six weeks after being placed under state control. All policies written by FCIC and its subsidiary,...
New Insurer Ascendant to Rescue First Commercial Insureds, Jobs in Florida
Sep 4 2009 // Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with bankrupt First Commercial Insurance Co., which is in liquidation. Florida CFO...
Shankar Joins Aon’s Asia Pacific Consulting as Chief Commercial Officer
Sep 3 2009 // Aon Consulting, the global human capital consulting organization of Aon Corporation, announced that 20-year industry veteran Anand Shankar has joined the firm in the newly created position of Chief Commercial Officer, Asia...
Employers Direct Sheds Direct Calif. Workers’ Comp; Will Return with Brokers
Aug 26 2009 // Just a short time after announcing it was leaving the California workers’ compensation insurance market because it was not profitable, Employers Direct Insurance Co. is announcing it is back. The...
Florida, Georgia Insurer First Commercial to Be Liquidated
Aug 26 2009 // Miami-based First Commercial Insurance Co. and its subsidiary have been declared insolvent and ordered liquidated about six weeks after being placed under state control. All policies written by FCIC and its subsidiary,...
Workplace Deaths Fall in Wyoming
Aug 25 2009 // Occupational fatalities in Wyoming decreased 31 percent from 2007 to 2008, the biggest single-year drop since the state Department of Employment started its Census of Fatal Occupational Injuries in 1993. Department senior...
Survey Says Employers Preserving Benefits
Aug 19 2009 // The annual Transamerica Retirement Survey reports that while nearly half of the U.S. employers surveyed have undertaken cost-cutting measures such as lay-offs and salary freezes, relatively few have reduced or eliminated...
Four Commercial Auto Endorsements Every Insured Should Consider
Aug 18 2009 // Insurance Services Office (ISO) lists more than 100 endorsements available for use with the business auto policy (BAP) (the total number varies by state). Out of that heap of policy-altering endorsements, most designed to...
Arkansas: Employers Can’t Make Direct Payment for Work Comp Bills
Aug 18 2009 // The Arkansas Insurance Department has issued a reminder that employers should not make direct payments for employees’ medical bills that were incurred on small workers’ compensation claims. The department says...
Three Commercial Property Endorsements Every Client Should Have
Aug 13 2009 // Several weeks ago, MyNewMarkets.com posted a two-part series regarding coverage gaps and selling to those gaps. “Gaps That Sell” and “Three Homeowners’ Policy Gaps that Sell” detailed the...
Business Insurance Now Internet Site Offers Hartford’s Home, Auto Coverage
Aug 13 2009 // Web-based insurance seller Business Insurance Now has signed with The Hartford Financial Services group to offer home and auto policies. “Many small-business owners share a desire to simplify,” says Jim...
Main Street America’s Great Lakes Launches Commercial Lines in Michigan
Aug 12 2009 // The Main Street America Group’s Great Lakes Casualty Insurance Co. is now offering its commercial product line, featuring the company’s Main Line Business Owners Policy product, to its Michigan network of...
Employers Holdings Posts Q2 Net Income of $20.3 Million
Aug 7 2009 // Reno, Nev.-based Employers Holdings Inc. reported second quarter net income of $20.3 million compared with $27.4 million in the second quarter of 2008, a decrease of $7 million. Net income includes amortization of the...
NetRate Systems Delivers Commercial Lines Rating System to Trinity Underwriting Managers, Inc.
Aug 4 2009 // Okemos, MI., August 4 2009 – NetRate Systems, Inc. (Okemos, MI) is pleased to announce implementation of the NetRate Commercial Lines Rating System at Trinity Underwriting Managers, Inc., of Pooler, GA. Trinity...
Currie Named Commercial Lines VP at Arbella
Aug 4 2009 // Massachusetts-based Arbella Insurance Group has named Eileen Currie vice president of commercial lines. She joins Arbella from Crum & Forster Insurance Co., where she held the position of chief marketing officer and...
Washington: Summertime Brings Extra Workplace Hazards
Aug 4 2009 // If historical trends continue, July and August are the deadliest and most dangerous months for Washington workers, according to the state’s Department of Labor & Industries. L&I says in the summertime,...
Lindemann Named President, COO, CNA Commercial
Jul 31 2009 // CNA Financial Corp. named Bob Lindemann as president and chief operating officer of CNA’s Commercial Lines operations. In this role, Lindemann will be responsible for achieving profitable growth in CNA’s $3.5...
Continental Risk Offers Commercial Property Market
Jul 29 2009 // Continental Risk of Lodi, Calif., is offering a market for commercial properties for 10 or more dwellings with no maximum number. Rental, seasonal, or vacant dwellings are acceptable. Coverages include: 1) building; 2)...
White House Study: Small Businesses Pay 18% More for Health Coverage
Jul 27 2009 // President Barack Obama, citing a new White House study suggesting that small businesses pay far more per employee for health insurance than big companies, said Saturday the disparity is “unsustainable —...
Survey: Tennessee Small Businesses Struggling with Health Insurance Costs
Jul 27 2009 // With Congress debating how to reform Athe nation’s health care system, a new survey report reveals that 79 percent of Tennessee’s small business owners, including the self-employed, are struggling to afford...
