Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Superior Access’ New Admitted Carrier Offering Mid-Market BOP
Feb 24 2004 // Richard Swoy, chairman of Irvine, Calif.-based Superior Access Insurance Services Inc., announced that SAIS added an “A (excellent)” rated admitted carriers exclusively for SAIS member agents and brokers...
Small Businesses Start Small Then Grow into Big Businesses
Feb 23 2004 // According to the U.S. Census Bureau there were more than five million firms employing fewer than 20 people in 2001, not counting the millions of people who are self employed. Another 600,000 firms employed between 20 and...
RIMS: Commercial Rates Going Down; Benfield: Reinsurance Rates Holding
Feb 23 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
RIMS: Commercial Rates Going Down; Benfield: Reinsurance Rates Holding
Feb 23 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Alarcón Says Industry Unwilling to Guarantee Savings Passed on to Employers
Feb 19 2004 // Senator Richard Alarcón (D-Van Nuys) said “the refusal of the Workers’ Compensation Insurance Ratings Bureau (WCIRB) to put a figure on the potential savings of the governor’s reform package signals the...
CenCal Expands Commercial and Specialty Products Division with New Commercial Products
Feb 19 2004 // Danville, Calif.-based CenCal Insurance Services announced further expansion of its Commercial and Specialty Products Division by introducing a new commercial products approach that provides real opportunity for writing...
MiniCo Inc. Launches New Commercial Insurance Technology System
Feb 13 2004 // Phoenix-based MiniCo Inc. has announced the successful implementation of Renaissance, a new browser-based commercial insurance technology system designed to improve customer service throughout the organization’s...
GE Commercial Enlarges E&S Capacity
Feb 11 2004 // Overland Park, Kan.-based GE Commercial Insurance, a division of GE’s Employers Reinsurance Corp. (ERC), announced it has increased its capacity to write umbrella and follow form excess coverage underwritten by the...
In Mass., Good Drivers Lose Discounts While Employer Groups Retain Theirs
Feb 9 2004 // Only three of the 19 companies still writing private passenger auto insurance in Massachusetts will offer discounts to safe drivers this year. Five years ago, there were one-third more writers of the coverage and most of...
RIMS: Commercial Rates Going Down; Benfield: Reinsurance Rates Holding
Feb 9 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
RIMS: Commercial Rates Going Down; Benfield: Reinsurance Rates Holding
Feb 9 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Colorado Top 40 Commercial & Private Passenger Auto Insurers
Feb 9 2004 // The information provided below was taken from the 2002 Colorado Insurance Industry Statistical Report. All figures quoted are acquired from information filed by each company with the Colorado Division of Insurance, and the...
No Brake Yet for Personal & Commercial Auto
Feb 9 2004 // The auto insurance market has come a long way since Travelers wrote the first third-party policy for Gilbert J. Loomis’s one-cylinder car in 1897. “I’ll never insure a gasoline can on wheels,”...
Westfield Appoints Small Business Account Exec
Feb 5 2004 // Ohio-based Westfield Insurance has named Martha Oakes senior executive of small business accounts. Her responsibilities include overall management responsibility for the growth and profitability of the small business...
The Hartford Targets “Big Small Businesses”
Feb 5 2004 // The Hartford announced that it’s broadening its definition of small businesses and plans to offer more tailored coverages from more “dedicated underwriters” and faster responses to the needs of the...
Johns Appointed President of Argonaut’s Specialty Commercial Group
Jan 27 2004 // San Antonio-based Argonaut Group Inc. announced it has appointed B. Thomas Johns as president of its Specialty Commercial Group. Johns is currently senior vice president and chief underwriting officer of Argonaut...
Commercial Insurance Buyers Say Property Premiums Fell Nearly Nine Percent in Fourth Quarter
Jan 22 2004 // Commercial insurance buyers say the cost of property insurance fell 8.8 percent in the fourth quarter of 2003 marking the first decline in premium prices in any major line of commercial insurance in nearly four years,...
Zurich NA Small Business Account Execs Now Are ‘State Agents’
Jan 21 2004 // The small business unit of Schaumburg, Ill.-based Zurich North America has elevated the position of its 175 account executives to the position of state agent, the company said in a statement. The transition recognizes the...
Zurich to Integrate European Business Divisions
Jan 20 2004 // Zurich Financial Services announced a decision to regroup the company’s businesses in Europe to create one Business Division. Effective March 1, the new division will comprise Continental Europe, the United Kingdom,...
GE Commercial Insurance Unveils National Masonic Association Program
Jan 20 2004 // GE Commercial Insurance announced the launch of a new insurance program created specifically for Masonic Associations. Thompkins & Company, a full-service, independent agency specializing in Masonic Associations, will...
