Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
HSB Unveils Identity Recovery Coverage for Insurers Serving Home Owners, Small Business Market
Dec 15 2004 // The Hartford Steam Boiler Inspection and Insurance Company (HSB) is now offering to insurers identity recovery coverage that combines identity theft insurance with services that help victims restore their credit history...
Hibernia Opens First Texas Commercial Insurance Office
Dec 14 2004 // Hibernia Insurance Agency LLC, the insurance affiliate of Hibernia National Bank, announced the opening of its first Texas commercial insurance office. The office will serve the insurance and risk management needs of...
Competition and Investigations Are Squeezing U.S. Commercial Lines’ Earnings, Report Says
Dec 7 2004 // U.S. insurers will see their 2004 earnings from commercial lines fall as rate increases peak and legal investigations intensify, according to a report published by Standard & Poor’s. The report, titled...
Calif. Releases 2005 User Funding/Fraud/Uninsured Employer & Subsequent Injury Fund Rates
Dec 6 2004 // The California Department of Industrial Relations (DIR) has issued 2005 assessment rates for User Funding, Anti-Fraud Programs, the Uninsured Employer Benefit Trust Fund and the Subsequent Injury Benefit Trust Fund. State...
Small Business Enhancements
Dec 6 2004 // Nuts & Bolts: The Chubb Group of Insurance Cos. is now offering a package of eight key coverages tailored to the needs of small businesses with enhancements to Chubb’s “ForeFront Portfolio.” The...
Small Business Enhancements
Dec 6 2004 // Nuts & Bolts: The Chubb Group of Insurance Cos. is offering a package of eight key coverages tailored small businesses with enhancements to Chubb’s “ForeFront Portfolio.” The changes include a lower...
Small Business Enhancements
Dec 6 2004 // Nuts & Bolts: The Chubb Group of Insurance Cos. is now offering a package of eight key coverages tailored to the needs of small businesses with enhancements to Chubb’s “ForeFront Portfolio.” The...
HULL INTRODUCES FLORIDA COMMERCIAL RISK PROGRAM:
Dec 6 2004 // An exclusive Best’s-rated “A XIV” program for commercial risks, including and excluding wind, is now available in Florida from Hull & Company. The property program is designed for risks up to $5...
Fla. Employer of Workers Killed at July Construction Site Accident Charged with Fraud
Nov 26 2004 // The employer of two workers killed in a July construction accident on a Hobe Sound work site has been arrested and charged with workers’ compensation fraud, Florida’s Chief Financial Officer Tom Gallagher...
R&M Releases 2004 Guide to U.K. Distribution of Commercial General Insurance
Nov 26 2004 // Dublin’s Research and Markets has announced the addition of a guide to U.K. Commercial Insurance Distribution 2004 to their offering. “This report provides a comprehensive guide to the distribution of...
Ky. Gov. Appoints Former Legislator to Employers’ Mutual Insurance Authority Board
Nov 24 2004 // Kentucky Gov. Ernie Fletcher recently announced the appointment of Jon Ackerson of Louisville to the Kentucky Employers’ Mutual Insurance Authority Board of Directors. Ackerson is currently an attorney with Ackerson...
Rated Self-Insurance Pools Outperform Commercial Insurers and Captives, A.M. Best Study Shows
Nov 18 2004 // Self-insurance pools interactively rated by A.M. Best Co. bear out the effectiveness of the stringent entrance requirements of members, focused loss-mitigation activities, and ownership interest in both the loss exposure...
Safeco Now™ Expands to Include Commercial Multi-Peril
Nov 16 2004 // Seattle-based Safeco announced it is again expanding the product breadth available on its single-platform online sales center Safeco Now™. In a breakthrough move for small-business insurance sales, the company has...
Senate Hearing Set for Nov. 16 on Commercial Brokerage Controversy
Nov 12 2004 // Marking the first formal congressional inquiry since allegations of abuse in the commercial insurance brokerage industry emerged last month, U.S. Senator Peter Fitzgerald (R-Ill.) will chair a Senate subcommittee oversight...
Utah WCF Urging Workplace Safety for Fall/Winter
Nov 11 2004 // As temperatures fall, certain workplace injuries tend to rise. Utah’s Workers Compensation Fund is urging workers statewide to learn preventive tactics to remain safe on the job this fall and winter. Common...
Hull Introduces Commercial Risk Program
Nov 9 2004 // An exclusive Best’s-rated “A XIV” program for commercial risks, including and excluding wind, is now available in Florida from Hull & Company. The property program is designed for risks up to $5...
Commercial Agribusiness
Nov 8 2004 // Nuts & Bolts: The Seattle, Wash.-based Mattei Companies is offering a new market for commercial agribusiness. The program has now expanded into 30 states targeting operations after the product has left the fields,...
Nine Ways to Get Personal When Selling Business Insurance
Nov 8 2004 // Every business insurance prospect yearns to be treated as an individual. No serious executive, regardless of their firm’s size, wants their company’s insurance problems to be solved by some prewritten,...
Hub Quebec Sub to Sell Personal Lines Book; Will Concentrate on Commercial, Private Clients
Nov 5 2004 // Chicago-based Hub International Limited has announced some major changes in the operations of its Quebec-based hub, Martin Assurance & Gestion de Risques Inc. (Martin). The company has signed a letter of intent to...
Best Lowers Outlook for Employers Re Group, Westport, First Specialty to Negative
Nov 3 2004 // A.M. Best Co. announced that it has revised the rating outlook to negative from stable on the “A” (Excellent) financial strength ratings for Employers Reinsurance Corporation of Overland Park, Kan. and GE...
