Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
CIAB Survey Shows Q1 Commercial P/C Easing
Apr 20 2004 // The Council of Insurance Agents & Brokers has issued a report indicating that the commercial property and casualty market “continued to ease across most lines during the first quarter of 2004, with the average...
OHIO BUREAU SWEEPS 200 EMPLOYERS FOR COMP COVER:
Apr 19 2004 // The Ohio Bureau of Workers’ Compensation (BWC) recently concluded a random sweep of 200 employers in the Toledo area to determine whether they have active workers’ compensation coverage, collecting $110,412 in...
Workers’ Compensation – Small- to Mid-Size Employer
Apr 19 2004 // Nuts & Bolts: Insurex Inc. and Frontier General announce the release of a new workers’ compensation product in California with ACE Casualty Risk, a division of ACE USA. The new product launched is called ACE...
Mass. Streamlines and Equalizes Agents’ Access to CAR’s Commercial Auto High Risk Operation
Apr 17 2004 // The Massachusetts auto insurance industry is streamlining the way it handles high risk commercial auto risks by reducing the number of servicing carriers involved in handling them and equalizing access to the residual...
Calif. Commissioner Calls for Workers’ Comp Reform Savings to be Passed Through to Employers
Apr 16 2004 // California Insurance Commissioner John Garamendi released the following statement in regards to the recent agreement by Gov. Arnold Schwarzenegger and the Legislature for a workers’ compensation reform...
New Low Cost Commercial, Renters Flood Insurance Policies Available
Apr 15 2004 // The National Flood Insurance Program (NFIP) is offering new Preferred Risk Policy (PRP) products for both the commercial market and renters markets. NFIP says these policies were created in response to consumer demand for...
Selective Rolls Out Web-based Commercial Lines
Apr 14 2004 // New Jersey-based Selective Insurance Group Inc. has announced the successfully completed rollout of the company’s fully integrated Web-based commercial lines system. “Web-based CLAS” offers policy quote,...
W. Va. Workers’ Comp Commission Files Injunction Against Kanawha County Employer
Apr 14 2004 // West Virginia’s Workers’ Compensation Commission recently filed an injunction against a state employer whose account with the Commission is in default. The injunction was filed in Kanawha County Circuit Court...
St. Paul Travelers Unveils Enhanced Commercial Property, General Liability Product for Companies Doing Foreign Business
Apr 13 2004 // St. Paul Travelers has introduced an enhanced version of Global Companion, an international commercial property and general liability product designed to help protect U.S.-based companies from the risks associated with...
Fla. CFO Warns About Single-Employer Trusts
Apr 12 2004 // Florida’s Chief Financial Officer Tom Gallagher is alerting employers to use caution when considering setting up a health benefit plan through a Single Employer Trust (SET) document that requires sending financial...
W. Virginia WCC Files Injunctions Against Trio of State Employers; Ordered to Cease Business
Apr 8 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against three state employers whose accounts with the Commission are reportedly in default. The injunctions were filed in Kanawha...
Eleven Good Reasons to Reassign a Commercial Lines Account
Apr 5 2004 // In most offices, it’s easier to get a bone from a starving dog than it is to take a commercial account from an agency producer. That’s because the current producer is always the executive on a business account...
Small Business Workers’ Compensation
Apr 5 2004 // Nuts & Bolts: InsureVianet introduced a new Internet-based small business workers’ compensation insurance program for agencies in Indiana and Michigan. This technology allows agents and brokers to enter...
Commercial Property, Liability, Crime
Apr 5 2004 // Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property...
Commercial Property, Liability, Crime
Apr 5 2004 // Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property...
Atlantic Mutual Finalizes Sale of Commercial Business to OneBeacon, Overall GWP for Book Totals More than $400 Million
Mar 31 2004 // Atlantic Mutual closed the sale today of its subsidiary, Atlantic Specialty Insurance Company, and the renewal rights to select commercial insurance business, including the unearned premiums on the acquired book, to...
Commercial Brokers Favor TRIA Renewal Says CIAB
Mar 31 2004 // Eighty percent of the leading commercial property/casualty insurance brokers say the federal Terrorism Risk Insurance Act (TRIA) should be extended when it expires at the end of 2005, according to a survey released today...
Zurich Names Bradley CFO of North American Commercial Operations
Mar 30 2004 // Schaumburg, Ill.-based commercial lines insurer Zurich North America announced that Thomas Bradley will become chief operating officer of finance and administration and chief financial officer of its North American...
Ohio Comp Bureau Conducts Random Sweep of 200 Toledo Area Employers
Mar 29 2004 // The Ohio Bureau of Workers’ Compensation (BWC) recently concluded a random sweep of 200 employers in the Toledo area to determine whether they have active workers’ compensation coverage, collecting $110,412 in...
N.Y. Agents Name Harleysville Top Commercial Partner
Mar 26 2004 // Pennsylvania’s Harleysville Insurance has issued a bulletin noting that for the second time in three years, it has been named the “Top Partner in Commercial Lines” during Westchester County’s 38th...
