Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Conning Says Automating Commercial Underwriting Not Automatically Profitable
Jun 12 2003 // The commercial property/casualty industry is on the threshold of an “adapt or perish” decision when it comes to underwriting automation, according to a study from Conning Research & Consulting, Inc. The...
Study: Commercial Insurance Reserves Deficient by $13-$20 Billion
Jun 11 2003 // The commercial insurance industry’s reserves from 1997 to 2001 are deficient by $13 billion to $20 billion, according to a study released by the investment banking firm Cochran, Caronia & Co. The deficiency...
Hartford Survey Says With More at Stake, Small Businesses are Least Ready for Natural Disaster
Jun 6 2003 // Although they have the most at stake, small businesses are less prepared than larger companies to withstand a natural disaster, according to a recent national survey of small and mid-sized businesses by The Hartford...
Fremont Employers Ins. Co. Unaffected by CDI’s Conservancy of Fremont Indemnity
Jun 5 2003 // Employers Insurance Company of Nevada (EICN) announced that its wholly-owned subsidiary, Fremont Employers Insurance Company (FEIC) is unaffected by the California Department of Insurance (DOI) decision to take into...
Fremont Employers Ins. Co. Unaffected by CDI’s Conservancy of Fremont Indemnity
Jun 4 2003 // Employers Insurance Company of Nevada (EICN) announced that its wholly-owned subsidiary, Fremont Employers Insurance Company (FEIC) is unaffected by the California Department of Insurance (DOI) decision to take into...
Employers of Nev. to Host Open House June 6
Jun 3 2003 // Employers Insurance Company of Nevada (EICN) will sponsor an Open House for its agents and vendors on Friday, June 6, 2003 at its Southern Nevada office to commemorate the company’s one year anniversary in...
CNA Provides Big Opportunity for Small Business
May 30 2003 // Chicago-based CNA says it is creating opportunities for agents in Small Business with its people, services, technology, broad appetite, underwriting excellence, comprehensive products and programs, and targeted classes for...
AscendantOne Delivers ISO-Validated Rating for Four Major Commercial Lines of Business
May 23 2003 // Analytical pricing and underwriting information for four major commercial lines of insurance from ISO is now available through AscendantOne®, Inc.’s new policy-management and rating solution, according to company...
Providence Washington Expands Metaserver’s P/C Integration Solution into Commercial Lines
May 21 2003 // Metaserver, Inc., a developer of Business Process Integration (BPI) software, based in New Haven CN, announced that the Providence Washington Insurance Company has chosen to expand its present investment and implementation...
The St. Paul Cos. Acquires Renewal Rights for Selected Lines of Kemper’s U.S. Commercial Business
May 12 2003 // The St. Paul Companies has purchased the right to seek renewal of certain existing commercial insurance business written by the Kemper Insurance Companies in the United States. Under the agreement, The St. Paul will obtain...
COMMERCIAL P/C MARKET STABILIZING’
May 5 2003 // While rates continued their upward spiral in 2002, according to the First Quarter 2003 Market Index survey by The Council of Insurance Agents & Brokers, the commercial property/casualty insurance marketplace is...
Hart to Build Small Business Strategy
May 1 2003 // Dale L. Hart has joined Synaxis Group, assigned with the responsibility of assembling a suite of resources for small business and providing an efficient delivery system. This new “platform” will provide a range...
Calif. Commissioner Increases Access to SCIF for Small Employers
Apr 22 2003 // Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for...
Premiums for Commercial P/C Moderate; Signs Market May Be Stabilizing
Apr 22 2003 // Nineteen months after the World Trade Center attacks sent the market into turmoil, premium increases for commercial property/casualty insurance are moderating, and there are signs the marketplace is beginning to stabilize,...
GE Commercial to Headline Oklahoma Seminar
Apr 21 2003 // Commercial property insurance and risk management provider GE Commercial Insurance announced it will be the key presenter at an upcoming building safety and security symposium in Oklahoma City. The two-day symposium, April...
Calif. Commissioner Increases Access to SCIF for Small Employers
Apr 21 2003 // Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for...
Employers, Fremont Employers Report 4Q and Full Year Financial Results
Apr 18 2003 // Employers Insurance Company of Nevada, A Mutual Company (the “Company”), a leading provider of workers’ compensation products and services, reported its statutory financial results for the fourth quarter...
R&SA Business Division Unveils New Specialty Foods Focus
Apr 11 2003 // As part of its ongoing segmentation strategy, the Business Insurance Division of Connecticut-based Royal & SunAlliance USA announced a new program of insurance and services for manufacturers of specialty food...
Employers Mutual to Buy More EMC Group Share to Hold 80% Ownership
Apr 10 2003 // EMC Insurance Group Inc.’s majority shareholder, Employers Mutual Casualty Company, Announces Stock Purchase Program to Maintain 80 Percent Ownership Threshold Employers Mutual Casualty Co. today announced that it...
Employers, Labor Leaders to Testify on Alarcón’s WC Bill
Apr 9 2003 // In a rare move, employers and labor leaders will both go before the Senate Labor and Industrial Relations Committee in support of SB 228-authored by Senator Richard Alarcón (D) Van Nuys. SB 228 will be heard on April 9,...
