Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
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...
Commercial clients ‘swallow a bitter pill’ when it comes to cat coverage
Feb 12 2007 // When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new limits on policies, higher deductibles and a shortage in the...
Commercial clients ‘swallow a bitter pill’ when it comes to cat coverage
Feb 11 2007 // When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new limits on policies, higher deductibles and a shortage in the...
Georgia Lawmaker Wants to Ban Genetic Profiling by Insurers, Employers
Feb 6 2007 // Georgia state Rep. Ed Setzler says he’s seen a glimpse into the future — and he doesn’t like all he sees. The Acworth Republican has introduced a bill aimed at outlawing genetic profiling in Georgia by...
Texas State Senator Files Bill to Provide Tax Relief to Small Businesses
Feb 6 2007 // State Rep. Harvey Hilderbran (Kerrville) has filed House Bill 1022 and House Joint Resolution 54 which clarify that personal vehicles used for the production of income are exempt from ad valorem taxation. “Most small...
Del. Focuses on Workplace Safety for Hispanic Construction Contractors
Feb 5 2007 // As Delaware’s rural landscape gives way to housing developments, immigrant workers who once took jobs in the agriculture and poultry industries are turning to home construction and landscaping. While reaping the...
Mass. Settles with Employers Re Over Inflated Workers’ Comp Charges
Feb 2 2007 // Massachusetts Attorney General Martha Coakley has setttled a case brought by the state against Employers Reinsurance Group (ERC), a former subsidiary of General Electric, for unlawfully hiking the price of the Boston Water...
McFall Hires Carlson for Commercial Transportation and Garage Department
Feb 2 2007 // Portland, Ore.-based McFall General Agency Inc. has hired Donna J. Carlson in the Commercial Transportation and Garage Department. Carlson has been in the commercial transportation underwriting arena for more than 25...
