Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Middle-Market Umbrella
May 9 2005 // Nuts & Bolts: Wausau Insurance is more than doubling its in-house individual account coverage limits up to $25 million. This new middle-market feature leverages an umbrella program offered by the large account...
Nearly Half of Large and Mid-Sized U.S. Businesses Buy Terror Coverage
May 9 2005 // Nearly half of large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2004, a dramatic increase from the 2003 average of 27 percent. Businesses in Boston and Washington, D.C. led...
W. Va. WCC Files Suit on Employers
May 5 2005 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against three employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit...
IIAOK to Hold CIC Commercial Casualty Institute
May 2 2005 // The Independent Insurance Agents of Oklahoma will hold its CIC Commercial Casualty Institute May 18-21, 2005, at the Hilton Southern Hills, 7902 South Lewis Avenue, in Tulsa. The institute will present up-to-date...
Nearly Half of Large and Mid-Sized U.S. Businesses Buy Terror Coverage, Marsh Study Finds
Apr 28 2005 // Nearly half of large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2004, a dramatic increase from the 2003 average of 27 percent. Meanwhile, the cost of property terrorism...
For Retail Risk Managers, Workplace Violence and Staff Turnover Proving Top Challenges
Apr 18 2005 // Workplace violence and staff turnover are cited by risk managers in the retail industry as among their biggest challenges to effectively managing their workers’ compensation exposures. According to a recent study...
Experts Report Commercial Property Terrorism Modeling Getting Better
Apr 18 2005 // Insurance companies are getting a better handle on how to estimate commercial property terrorism exposures and price the coverage thanks to advances in computer modeling. Despite the strides made in modeling to estimate...
Could Washington Be Listening to Small Business?
Apr 18 2005 // There probably are few American small business owners who could correctly identify the federal group whose primary job is to keep the president of the United States updated on the activities of government such as...
SMALL EMPLOYER INSURANCE BILL PASSES
Apr 18 2005 // Georgia’s Senate Bill 174, allowing small companies to offer employees pared-down health plans, has been approved by the House of Representatives. The bill, estimated to save 10 to 15 percent on health insurance...
LESS TIME OFF FOR WORKPLACE INJURIES
Apr 18 2005 // A report released by the Oklahoma Department of Labor showed a 20 percent reduction in 2003 in the number of workers requiring time off to recover from workplace injuries. The latest figure further supports the benefit of...
W. Va. WCC Fines Pair of Employers
Apr 15 2005 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against two employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit...
Best Downgrades, Withdraws Ratings for Commercial Risk Partners; Outlook Negative
Apr 15 2005 // A.M. Best Co. has downgraded the financial strength ratings to B- (Fair) from B (Fair) and the issuer credit ratings to “bb-” from “bb” of Commercial Risk Reinsurance Company Limited (Hamilton,...
OneBeacon Offers Tailored Solutions to Cultural Institutions, Commercial Real Estate
Apr 7 2005 // Boston-based OneBeacon Insurance, a wholly-owned subsidiary of White Mountains Insurance Group Ltd. will begin offering property/casualty insurance solutions to cultural institutions and owners of commercial real...
OneBeacon Targets Va. Small Business Market
Apr 5 2005 // OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has begun offering Virginia small businesses its property casualty OnePac product. Virginia joins California, Illinois, North...
Okla. Reports Drop in Time Off for Workplace Injuries
Apr 4 2005 // A report released by the Oklahoma Department of Labor showed a 20 percent reduction in 2003 in the number of workers requiring time off to recover from workplace injuries. The latest figure further supports the benefit of...
Help Your Clients by Becoming a Small Business Advocate
Apr 4 2005 // One of the great things about being a commercial lines insurance agent is that you get to meet people and learn a little bit about a lot of businesses. This knowledge puts insurance agents in a unique position to represent...
S&P Report Describes Increased Access to Capital Markets for Small, Mid-Sized Insurers
Apr 1 2005 // A study from Standard & Poor’s Ratings Services examines recent changes in the U.S. capital markets, and concludes that they have “have sparked interest in the credit ratings on small and mid-size...
Meadowbrook Promotes Walleck to RVP in Charge of Commercial Insurance in Florida
Apr 1 2005 // Meadowbrook Insurance Group Inc. announced that Roger S. Walleck has been promoted to regional vice president, in charge of its Florida Branch Operations in Sarasota. Walleck will oversee the commercial insurance business...
National Safety Council Honors Liberty Mutual; Says on Workplace Issues, CEO Kelly ‘Gets It’
Mar 31 2005 // The National Safety Council will present its 2005 Green Cross for Safety Medallion to Liberty Mutual Group and its Chairman, President and CEO Edmund F. (Ted) Kelly at this evening. Established in 1999, The Green Cross for...
Ga. House Passes SB 174, Small Employer Insurance Bill Offering Pared-Down Health Plans
Mar 30 2005 // Ga. Senate Bill 174, allowing small companies to offer employees pared-down health plans that do not comply with all state-mandated insurance requirements has been approved by the House of Representatives. The Senate...
