Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Rosenberg Joins Saylor & Hill Co. in Commercial Division
Apr 9 2009 // Saylor & Hill Co., a Barney & Barney LLC Co., anounced that Lori Rosenberg has joined the commercial division. Formerly a senior vice president with Marsh, Rosenberg brings more than 25 years of experience in all...
Texas High Court Reaffirms Controversial Entergy Workplace Ruling
Apr 6 2009 // After agreeing to a rare rehearing, the Texas Supreme Court on April 3 upheld its decision that – despite what some lawmakers say – a “premises owner” cannot be sued by injured employees of a...
State National to Offer Commercial Liability Program in Southeast
Mar 27 2009 // A subsidiary of 21st Century Holding Co. (Nasdaq:TCHC) has received approval from the Florida Office of Insurance Regulation to market and underwrite commercial general liability insurance. American Vehicle Insurance Co....
XL Insurance Launches Solutions for German Upper Middle Market
Mar 25 2009 // XL Insurance, the global insurance operations of XL Capital Ltd., announced that it will offer insurance solutions to Upper Middle Market companies in Germany with an annual turnover ranging from approximately €30...
Insurance Agents Alliance Adds Commercial Workers’ Comp Market
Mar 24 2009 // Sacramento, Calif.-based Alliance of Insurance Agents & Brokers has added a new commercial carrier relationship with ACE Complete. The ACE Complete program provides workers’ compensation coverage with hundreds...
Survey: Commercial Lines Pricing Drops 3% in Q4
Mar 23 2009 // The commercial lines insurance market showed more signs of price stabilization in the last quarter of 2008. Commercial insurance prices saw just a slight decline of 3 percent during the fourth quarter of 2008 compared to a...
Reisling Joins Motorists Mutual Commercial Lines in Ohio, Michigan
Mar 19 2009 // Kelly Reisling is joining Motorists Mutual Insurance Co. as assistant vice president, Commercial Lines Division, responsible for the Ohio and Michigan territories. Reisling brings 20 years of experience to the position....
Survey: Commercial Lines Pricing Drops Just 3% in Q4
Mar 16 2009 // The commercial lines insurance market showed more signs of price stabilization in the last quarter of 2008. Commercial insurance prices saw just a slight decline of 3 percent during the fourth quarter of 2008 compared to...
Marsh Sets Up Mid-Size UK Broker Network
Mar 13 2009 // Marsh announced the formation of “a nationwide community of independent mid-sized UK brokers who share a commitment to innovation on behalf of clients and are looking to protect and grow their businesses.” The...
Washington Bill Would Return Workers’ Comp Premiums Back To Employers
Mar 13 2009 // The Washington Senate has approved a bill that would return some workers’ compensation insurance premiums back to employers who improve their safety records. Senate Bill 6035, which passed by a 25-24 vote, indicates...
Employers Hiring Insurance Professionals in Nevada Headquarters
Mar 12 2009 // Reno, Nev.-based Employers has launched an employee recruitment campaign to hire more than 50 professionals at its headquarters. The company’s national expansion and a recently completed acquisition have created a...
Stephens Insurance Hires Commercial Insurance Team from Regions
Mar 12 2009 // Arkansas-based independent insurance agency Stephens Insurance LLC has added eight insurance professionals to its commercial insurance services team in Little Rock. The eight-member team hails from Regions Insurance in...
Liberty Mutual Offers Commercial Fleets Tool to Reduce Costs
Mar 5 2009 // Portland, Ore.-based Liberty Northwest, a Liberty Mutual Agency Markets regional company, is offering commercial fleets in its five-state territory Onboard Advisor, a fleet management product that is designed to help...
IMA Forms Unit to Focus on Small Commercial, Personal Lines Business
Mar 4 2009 // Wichita, Kan.-based IMA has formed a new subsidiary, Signature Select LLC. This new entity, a retail insurance broker, will provide personal insurance services and business insurance solutions for small to mid-sized...
Best Maintains Stable Outlook on U.S. Personal, Commercial Lines Sectors
Mar 4 2009 // The rating agency A.M. Best Co. said it continues to view the outlook for both the U.S. personal and commercial lines markets as stable. Despite the ongoing soft period in the cycle in commercial lines, a contracting...
Wyo. Senate Kills Bill to Make Small Business Fund
Feb 27 2009 // The Wyoming Senate has voted down a bill to create a multimillion dollar investment fund to foster small business growth. House Bill 291 would have created a $20 million fund with contributions from insurance companies,...
Employers Holdings Reports Net Income Dropped 15.4% in 2008
Feb 26 2009 // Reno, Nev.-based Employers Holdings Inc. reported net income for the fourth quarter of 2008 of $15.9 million compared with $31.8 million in the fourth quarter of 2007. Net income includes amortization of the deferred...
Insurance Industry Advises Small Businesses Not to Skimp on Coverage
Feb 23 2009 // Insurance coverage is an expense that many small business owners might be tempted to cut back on or even forgo as they try to cut costs during the recession. They’re making a bet that they won’t need the...
Employers Holdings Reducing Staff By 14%
Feb 22 2009 // Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small- and medium-sized businesses, announced a strategic restructuring plan that...
North Carolina Construction Worker Wins Case Over Hostile Workplace
Feb 13 2009 // A federal jury has awarded $50,000 to a North Carolina construction worker who says co-workers hurled racial epithets at him, shot nails toward him and even tried to hang him on a job site. The Asheville Citizen-Times...
