Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
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...
Hartford Accepts Exposure Schedules in XML Transaction Based on ACORD XML Large Commercial Standards
Oct 4 2002 // The Hartford Financial Services Group has eliminated the need to rekey large amounts of property, auto and workers’ compensation data as part of the application and rating process for middle market business. The...
EBRI Study Explores Employers’ Views on Health Insurance
Oct 3 2002 // America’s 6 million employers largely determine the number of insured – and uninsured – Americans, and new research by the Employee Benefit Research Institute (EBRI) examines how and why employers make...
Travelers Unveils Electronic Claim Notification for Personal, Small Business Agencies
Oct 1 2002 // Travelers Property Casualty is now providing its independent agents with online, real-time information on the opening and closing of small business and personal claims. Electronic Claim Notification, or ECN, allows agents...
S&P’s Moves Employers Re ‘AA+’ Ratings to WatchNeg
Oct 1 2002 // Standard & Poor’s has placed its double-‘A’-plus counterparty credit and financial strength ratings on Employers Reinsurance Corp. and its wholly owned subsidiaries (collectively referred to as ERC)...
Employers, Insurers Slow To Report Claims Says Missouri Audit Report
Sep 30 2002 // A report from Missouri State Auditor Claire McCaskill has found that a “vast majority of injuries” are reported late or not at all. The audit evaluated the management of the state’s workers’...
Colo. Division Publishes 2002 Workers’ Comp, Employers Liability Guide
Sep 27 2002 // The Colorado Division of Insurance has published the 2002 Workers’ Compensation and Employers Liability Insurance guide, a survey of workers’ compensation and employers liability insurance loss cost multipliers...
First Commercial Converts From Mutual to Stock Company
Sep 25 2002 // First Commercial Mutual Company (FCMC), a workers’ compensation insurer based in Miami Lakes, Fla., converted from an assessable mutual insurer to a stock insurer and changed its name to First Commercial Insurance...
Insurity Licenses Commercial Intellisys(R) to Venture Programs
Sep 16 2002 // Insurity, a ChoicePoint® has signed a licensing agreement with Venture Programs Inc. for its Commercial Intellisys system. Venture Programs will use Commercial Intellisys for Windows® to rate and process policies for...
Small Businesses Offered Fourth Safety Workshop
Sep 13 2002 // A fourth safety workshop conducted by the insurance industry and the U.S. Occupational Safety and Health Administration (OSHA) will be offered to small business owners in Erie, Pa. Wednesday, Sept. 25. The session,...
AAIS Web Seminar with Revisions to Commercial Output Program Sept. 25
Sep 9 2002 // The American Association of Insurance Services (AAIS) will hold the second of its Web-based seminars with a Sept. 25 presentation on a new revision of its Commercial Output Program (COP). The 40-minute presentation,...
Royal & SunAlliance USA Names Ward Executive VP for Commercial Segments
Sep 9 2002 // Steve Ward has been named Executive Vice-President, Commercial Division of Royal & SunAlliance USA responsible for Commercial Segments. He was formerly Senior Vice President for the Manufacturing Business...
Commercial Package Policy
Aug 19 2002 // Nuts & Bolts: Bridgefield Casualty Insurance Company of Baton Rouge, La., is offering a Commercial Package Policy (CPP) to employers in Mississippi and Alabama. Bridgefield Casualty is a subsidiary of Summit Holdings...
Workers’ Comp Loss Costs Expected to Decrease for Some Colo. Employers
Aug 12 2002 // Workers’ compensation costs for some Colorado employers may decrease on average about 10.2 percent later this year. Insurance Commissioner William J. Kirven III announced that the National Council on Compensation...
Willis Commercial Network Chooses The Hartford’s BMG to Aid in U.S. Expansion
Aug 2 2002 // The Hartford Financial Services Group announced its Business Management Group (BMG) will provide agency management expertise to Willis Commercial Network as the latter prepares to expand its U.K. operation throughout the...
