Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
A.M. Best says commercial P/C outlook stable
Mar 26 2007 // Pricing remains rational for now despite increasing competition A.M. Best Co. has completed its assessment of the U.S. commercial market and revised the outlook to stable from negative for 2007. Although Best says there...
The new world of Internet job applications affects employer’s liability
Mar 26 2007 // Last year Monster.com had 22.5 million people post resumes on its Web site. Lockheed Martin claims that 50,000 applicants a month post resumes on its Web site. Microsoft boasts that 80,000 individuals place resumes on its...
A.M. Best says commercial P/C outlook stable
Mar 26 2007 // News Currents A.M. Best Co. has completed its assessment of the U.S. commercial market and revised the outlook to stable from negative for 2007. Although Best says there continues to be evidence of pricing deterioration,...
Riley Health Proposal Appeals to Ala. Small Businesses
Mar 21 2007 // Chris Williams has to consider several factors when making decisions for his business. One of his most important decisions concerns health insurance for his employees. Williams owns Leisure Creations in Russellville, Ala.,...
Calif. State Fund to Host Workplace Safety Seminar in Bakersfield
Mar 14 2007 // California’s State Compensation Insurance Fund will sponsor a workplace safety seminar in Bakersfield, Calif., on March 20. The seminar will cover ergonomic workplace strategies, safety basics, and Cal/OSHA’s...
Ala. Gov. Pumps up Small Businesses
Mar 13 2007 // Gov. Bob Riley visited a Montgomery, Ala. dry cleaners on Monday to promote his plan that would provide a tax incentive for small businesses to offer health insurance for their employees. At Dry-Cleaning Express in...
Compensation for employee benefits staff should mirror commercial lines
Mar 12 2007 // In our travels as consultants to the insurance industry, we have noticed that one of the more elusive “standards” or “norms” is compensation for employee benefits producers and staff. The difficulty...
RSI Promotes Ballard to Underwriting Manager for Commercial Lines
Mar 9 2007 // RSI International Inc. announced the promotion of Holly Ballard to commercial lines underwriting manager for their Texas offices. In this newly created position, Ballard will oversee the Commercial Lines Department, and...
Legacy Texas Adds Commercial Lines Producers
Mar 8 2007 // North Texas-based Legacy Texas Insurance announced the addition of three new commercial lines producers. Josh Bagert and Nick Paschal, a recent graduate from Southern Methodist University, began with the agency in November...
Arrowhead Wholesale Adds Commercial Mid-Market Package Program
Mar 8 2007 // Arrowhead Wholesale Insurance Services LLC has added a market for mid-size to larger multi-family and commercial real estate accounts. Minimum $10 million total insured value of buildings per account (all locations) with...
A.M. Best: Commercial P/C Outlook Stable Despite Price Competition
Mar 5 2007 // A.M. Best Co. has completed its assessment of the U.S. commercial market and revised the outlook to stable from negative for 2007. Although A.M. Best says there continues to be evidence of pricing deterioration, the level...
LWCC Announces New Business Unit Manager of Small Accounts
Mar 2 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced it has hired Bernie Hewitt as business unit manager for the small accounts team. Hewitt joins LWCC from the Montana State Fund, where he was the operation...
Safeco to cut homeowners, commercial rates across California
Feb 26 2007 // Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California, according...
Stock prices mixed; middle market M&As remain active
Feb 26 2007 // Stock Prices: Brokers’ stock prices were mixed as 2006 came to a close. The two largest brokers did not fare well in 2006 as Marsh & McLennan Company Inc.’s (NYSE:MMC) stock was down 1.2 percent for the...
Stock prices mixed; middle market M&As remain active
Feb 25 2007 // Stock Prices: Brokers’ stock prices were mixed as 2006 came to a close. The two largest brokers did not fare well in 2006 as Marsh & McLennan Co. Inc.’s (NYSE:MMC) stock was down 1.2 percent for the year...
Maverick Commercial Offers Program for Calif. Commercial Contractors
Feb 22 2007 // Calabasas, Calif.-based Maverick Commercial Insurance Services has added a new program for artisan contractors, which includes workers’ compensation, general liability and automobile coverage. The program is an...
Abram Interstate Offers Market for Small Commercial and BOP Products
Feb 15 2007 // Abram Interstate Insurance Services Inc. in Rocklin, Calif., is announcing a new “A+” XV rated admitted market for small commercial and BOP products in California and Arizona. The program provides coverage for...
Jimcor Adds Business Auto Coverage for N.J. Artisan Contractors
Feb 15 2007 // Insurance broker Jimcor Agencies has announced a new facility to provide business auto coverage for artisan contractors, mobile catering trucks, manufacturers and distributors in New Jersey. The carrier is admitted in New...
Safeco To Cut Homeowners, Commercial Rates
Feb 13 2007 // Seattle-based Safeco has announced it will be cutting rates for California homeowners in 2007 an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California,...
Michealis to Head Commercial Lines Operations at IMA of Texas
Feb 13 2007 // Dallas-based IMA of Texas Inc. announced it has promoted April Michaelis to the position of commercial insurance operations manager. She formerly served as administrative/operations manager. In this position, Michaelis...
