Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
CenCal Insurance Services Forms New Commercial/Specialty Products Division
Jul 8 2003 // California-based CenCal Insurance Services, known for expertise in non-standard automobile products and services, is expanding operations to include commercial programs and specialty products for business and property...
EICN, A Mutual Company, and Fremont Employers Insurance Co. Note Q1 Results
Jul 8 2003 // Employers Insurance Company of Nevada, A Mutual Company (“EICN”) and its wholly owned subsidiary Fremont Employers Insurance Company (“FEIC”) (collectively the “Company”), a provider of...
CONNING: AUTOMATIC COMMERCIAL UNDERWRITING NOT AUTOMATICALLY PROFITABLE
Jul 7 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...
CSC Unveils Software for Small- to Mid-Sized P/C Insurers
Jul 2 2003 // Computer Sciences Corporation has introduced POINT IN, insurance administration software CSC designed for small- to mid-sized property and casualty (P/C) insurers and managing general agents. POINT IN, which is a new...
HCC to Acquire Two La. Commercial Marine Underwriters
Jul 1 2003 // Houston-based HCC Insurance Holdings Inc. has reached an agreement to acquire Covenant Underwriters Ltd. and Continental Underwriters Ltd., both headquartered in Covington, La. Terms of the transaction were not disclosed,...
Best Downgrades Employers Re
Jun 30 2003 // A.M. Best Co. has downgraded the financial strength ratings to “A” (Excellent) from “A+” (Superior) of Overland Park, Kan.-based Employers Reinsurance Corp. and its affiliated domestic and...
Employers Ins. Co. of Nevada Receives Best ‘A-‘ Rating
Jun 24 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has received an “A- (Excellent)” rating from A.M. Best Company. “Today is an historic day in the continuing evolution of...
S&P: Commercial Lines Outlook Still Negative
Jun 23 2003 // NEW YORK – Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a Managing...
Commercial Automobile
Jun 23 2003 // Nuts & Bolts: Builders & Tradesmen’s Insurance Services is offering a program for commercial auto. The program is designed for up to four vehicles and up to 10 drivers. The program will allow vehicles with...
S&P: Commercial Lines Outlook Still Negative
Jun 23 2003 // Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a managing director at...
XL Wins International Film and Video Festival Award for Commercial
Jun 20 2003 // AFLAC’s duck may have some competition from Bermuda’s XL Capital Ltd. The company announced that its current television campaign has won international recognition in the US business film and video advertising...
Cos. Receive L.A. Chapter of CPCU Employer Excellence Award
Jun 13 2003 // On Tuesday, June 10, four prominent insurance companies, Allianz Insurance Company, Deans and Homer, Farmers Insurance Group and Marsh Inc. received the prestigious Employer Excellence Award from the Los Angeles Chapter of...
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...
