Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Main Street America Launches Online Commercial Quoting Tool
Dec 9 2002 // Main Street America Group, the Keene, N.H.-based parent of National Grange Mutual Insurance and Old Dominion Insurance, announced the launch of a new online quoting tool, Quick Quote, for commercial insurance products on...
IIAANY Survey Shows Shrinking Commercial, Personal Capacity
Dec 9 2002 // Results of a recent survey conducted by the Independent Insurance Agent Association of New York Inc. (IIAANY) indicate a continuing decrease in availability of both personal and commercial insurance coverages in the state,...
Okla. Employers May Be Without Workers’ Comp Coverage
Dec 9 2002 // Oklahoma Insurance Commissioner Carroll Fisher warned employers in his state that they might have non-existent workers’ compensation policies, after learning that a series of unauthorized certificates were issued in...
S&P’s Maintains Negative Outlook on Commercial Insurers
Dec 5 2002 // U.S. commercial-lines insurers are still plagued by inadequate reserves, according to Standard & Poor’s just-published outlook for 2003, and bullish pricing cannot simply sweep the problem away. Standard &...
BIG Takes INSTEC Commercial Package Policy Software
Dec 3 2002 // Commercial P&C insurance software provider, INSTEC, announces that Builders Insurance Group (BIG) of Georgia has implemented INSTEC’s Commercial Package Policy software for their General Liability line of...
Commercial Auto and General Liability
Dec 2 2002 // Nuts & Bolts: JLD Insurance Brokerage is offering a program for commercial auto and general liability. Dollars: Policy limits of $1,000,000 to $2,000,000. Carrier: Admitted market. States Available:...
COMMERCIAL MARKET INDEX RELEASED
Nov 25 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
S&P Affirms Employers Mutual Casualty Co ‘BBBpi’ Ratings
Nov 20 2002 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBBpi’ (the ‘pi’ indicates the ratings are based on “public information”) counterparty credit and...
Ind. Agents and Brokers Continue to Increase Market Share in Personal, Commercial Lines
Nov 15 2002 // Independent agents and brokers are capturing an increasing share of both the personal lines and commercial lines markets, the Independent Insurance Agents & Brokers of America’s (IIABA) annual market share study...
AIG’s American International Companies Unveils Workplace Violence Insurance
Nov 15 2002 // American International Group, Inc. (AIG) announced that the American International Companies have introduced Workplace Assurance(SM), an insurance coverage for the financial loss associated with incidents of violence in...
Harleysville Reports 16% Commercial Premium Growth
Oct 28 2002 // The Harleysville Group Inc. of Harleysville, Pa. announced results for the third quarter of 2002. Company chairman and CEO Walter Bateman noted that commercial lines also achieved a combined ratio of 100 percent....
Commercial Insurance Market Index Released
Oct 28 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
TWCC to Hold Workplace Violence Prevention Workshop
Oct 25 2002 // The Workers’ Health and Safety division of the Texas Workers’ Compensation Commission scheduled a one-day educational seminar on Workplace Violence Prevention for November 13, 2002 in Dallas. The purpose of...
Garamendi Receives Commissioner Low, Calif. Small Business Endorsements
Oct 25 2002 // Democratic nominee for California Insurance Commissioner John Garamendi recently added current California Insurance Commissioner Harry Low’s endorsement, along with the California Small Business Association...
AgentSecure Acquires Exclusive Endorsement of Two-Thirds of State IIABA Affiliates for Small Commercial Program
Oct 23 2002 // AgentSecure, a division of InsureZone that provides agents with online access to big-brand property/casualty and life products through a single-entry, multiple-company interface (SEMCI), has received exclusive endorsements...
Horizon Sells Commercial Insurance Lines To GIS
Oct 22 2002 // Indiana’s Horizon Insurance Services, Inc. (HIS), a subsidiary of Horizon Bancorp, announced that it has sold its commercial and group insurance lines to General Insurance Service (GIS) effective Nov. 1, 2002. The...
GE Employers Re Agrees to Sell Accountants’ E&O
Oct 21 2002 // GE Employers Reinsurance Corporation (GE ERC) has finalized an agreement to sell the renewal rights on its accountants’ Errors & Omissions business underwritten by its Westport Insurance Corporation to...
Additional Workplace Safety Workshop Offered to Pa. Business Owners
Oct 18 2002 // A fourth safety workshop conducted by the National Association of Independent Insurers (NAII) and the U.S. Occupational Safety and Health Administration (OSHA) will be offered to small business owners and manager Oct. 22...
Workplace Fatalities Rise 12 Percent in Florida
Oct 17 2002 // The Florida Department of Insurance, Division of Workers’ Compensation, released a census report revealing that workplace fatalities in Florida rose by 12 percent in 2001, marking the first increase in three years....
CORRECTION: S&P Rating for Employers Re is ‘AA+’
Oct 9 2002 // The article which appeared Friday concerning Standard & Poor’s decision to lower its ratings on Swiss Re from ‘AAA’ to ‘AA+’ incorrectly identified Employers Re (ERC) as one of the three...
