Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
D&O, Business Insurance Prices – Except Property – Continue to Drop
Oct 2 2007 // Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk...
Mont.’s Workplace Deaths Down a Little Last Year
Sep 26 2007 // The Montana Department of Labor says that 45 people were killed in the workplace last year. The agency says that number is down a bit from the previous year. The natural resource and mining industry was the most deadly,...
Virginia Workplace Deaths Down 12%
Sep 26 2007 // The state’s labor department says job-related fatalities decreased 12 percent in Virginia last year after rising for three straight years. The Virginia Department of Labor and Industry says there were 164...
EC Report Questions European Business Insurance Practices
Sep 26 2007 // The European Commission has issued its long awaited final report on business insurance practices within the 25 member countries of the European Union. It raises questions of unfair competition in two areas: 1) premium...
Establish an authentic small business department
Sep 24 2007 // The small business insurance market has grown in importance to agencies and companies alike. Yet, despite the favorable attention given to this profitable arena, too many agencies still treat small business as they always...
Establish an authentic small business department
Sep 24 2007 // The small business insurance market has grown in importance to agencies and companies alike. Yet, despite the favorable attention given to this profitable arena, too many agencies still treat small business as they always...
N.J. bans business auto ‘step-downs’
Sep 24 2007 // New Jersey insurance agents praised Gov. Jon Corzine for signing into law a bill that bans so-called step-down provisions in businesses’ motor vehicle liability policies and frees agents from a having to advise...
Eight major mistakes employers make when workers’ comp rates go down
Sep 24 2007 // Employers must view coverage more as a comprehensive risk management tool than necessity Throughout much of the country, declining workers’ compensation rates are music to employers’ ears. After all, that seems...
Eight major mistakes employers make when workers’ comp rates go down
Sep 24 2007 // Declining rates act as blinders for many employers. With lower prices it’s easy to shift focus away from injury management and cost containment to other more pressing business matters. Throughout much of the country,...
Fireman’s Fund Offers Policy for Historic Commercial Properties
Sep 24 2007 // Fireman’s Fund Insurance Co. introduced a new insurance product designed to meet the unique needs of historic and vintage commercial properties. Historic Property-Gard by Fireman’s Fund is a comprehensive...
N.J. bans business auto ‘step-downs’
Sep 24 2007 // New Jersey insurance agents praised Gov. Jon Corzine for signing into law a bill that bans so-called step-down provisions in businesses’ motor vehicle liability policies and frees agents from a having to advise...
Indiana Insurance Offers New Commercial Lines Product
Sep 20 2007 // Loveland, Ohio-based Indiana Insurance, a member of Liberty Mutual Group, recently announced the introduction of its new commercial lines product, Custom Protector. Custom Protector is a comprehensive array of property and...
Employers Group Opens San Diego Office
Sep 19 2007 // Employers Group has opened a new San Diego regional office. The new office, the third such office opening in the past three months, is in alignment with the association’s plan to add more offices throughout...
New Maine Laws Affect Teens, Drivers, Bicyclists, Elders and Employers
Sep 19 2007 // Like other driving instructors across Maine, Dwight Hawkins has a new lesson to add to his course this fall: If you’re under 18 and behind the wheel, lose the cell phone. As of Sept. 20, a new Maine law will prohibit...
Travelers Product Serves Mid-Sized Restaurants
Sep 19 2007 // Travelers announced the availability of the IndustryEdge product for mid-sized fine dining and upscale casual dining restaurants. The suite of coverages provided in the IndustryEdge product include property, general...
HRH Acquiring Bank of America’s Commercial Insurance Agency
Sep 14 2007 // Insurance broker Hilb Rogal & Hobbs Co. has agreed to purchase Banc of America Corporate Insurance Agency, L.L.C., a segment of Bank of America, N.A., and a middle market insurance intermediary in the northeastern...
America First Expands Commercial Coverage in South Central States
Sep 13 2007 // America First Insurance, a member of Liberty Mutual Group, announced it is expanding its commercial lines offerings in Arkansas, Louisiana, Oklahoma and Texas to include commercial general contractors, restaurants and...
W. Va. Employer Pleads Guilty to Workers’ Comp Noncompliance
Sep 11 2007 // Owner and operator of West Virginia Concrete Coating and Design in Harrison County pleaded guilty to a felony county of failure to subscribe to the former Workers’ Compensation Commission. Business owner Susan Boram...
Agents Welcome N.J. Ban on Business Auto Liability ‘Step-Downs’
Sep 11 2007 // New Jersey insurance agents praised Gov. Jon Corzine for signing into law a bill that bans so-called step-down provisions in businesses’ motor vehicle liability insurance policies and frees agents from a having to...
Dallas Agency Receives 2007 Employer Excellence Award
Sep 7 2007 // Dallas-based insurance and risk management firm McQueary Henry Bowles Troy L.L.P. (MHBT) was recently selected as a recipient of the 2007 Greater Dallas Chamber Employer Excellence Award. According to the announcement,...
