Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
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,...
Employers, Labor Leaders to Testify on Alarcón’s WC Bill
Apr 8 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,...
A.M. Best Further Downgrades Ratings of Commercial Travelers and Monitor Life
Mar 27 2003 // A.M. Best Co. announced that it has downgraded the financial strength ratings to B- (Fair) from B+ (Very Good) of Commercial Travelers Mutual Insurance Company and its wholly-owned subsidiary, Monitor Life Insurance...
PA Workers’ Insurance Fund Extends Workers’ Comp “Drug-Free Workplace Pilot” Discounts
Mar 25 2003 // Pennsylvania’s State Workers’ Insurance Fund (SWIF) and Drug Free Pennsylvania announced that the drug-free workplace pilot project will be extended for an additional year. The pilot project provides a...
MA CPCU Society to Hold Workshop on Commercial General Liability
Mar 25 2003 // A half-day workshop, examining “2001 Commercial General Liability – Important Changes and Tips, Tricks, & Traps” is to be presented by the CPCU Society, co-sponsored by the Massachusetts Chapter, on...
CIAB Study Says Many Commercial Interests Not Buying Terrorism Coverage
Mar 24 2003 // Insurers are offering terrorism coverage, but many buildings, businesses and other commercial interests across the United States are not buying the insurance because they do not consider themselves targets of terrorism,...
Employers Re Corp. Affirmed
Mar 24 2003 // S&P’s affirmed its “AA-” counterparty credit and financial strength ratings on Employers Reinsurance Corp. (www.ge.com) and its wholly owned subsidiaries. Also affirmed were the “A”...
InsuranceNoodle Appointed to Distribute Safeco Small-Business Insurance to More than 3,600 Small-Commercial Agents
Mar 24 2003 // InsuranceNoodle has signed an agreement with Safeco Insurance Corp. to distribute its small-commercial insurance products to more than 3,600 independent commercial agencies using the InsuranceNoodle platform. “By...
Insurity Offers Terrorism Coverage Support; Enhancement to Commercial Intellisys(R) Policy Administration System
Mar 14 2003 // Insurity Inc., a ChoicePoint® company, announced that its policy administration platform now provides broad support for the Terrorism Risk Insurance Act of 2002 mandates. Insurity has taken a multi-phase approach for...