Latest Commercial Lines Headlines

All the headlines from our Commercial Lines Topic Page, ordered by recency.

SAFECO’s American States Business Insurance Renamed

Nov 8 2000 // SAFECO subsidiary American States Business Insurance will now be called SAFECO Business Insurance. The change comes three years after SAFECO acquired Indianapolis-based American States Insurance, a purchase that filled...

The Hartford Introduces Changes in Small Business

Oct 26 2000 // Spectrum 2000 is an especially significant improvement since it offers much more flexibility and greater protection against property and liability losses. More than 700 types of businesses can now be protected with The...

Surplus Inc. Acquires CIA’s Commercial Book

Oct 23 2000 // Surplus Inc., a Spring, Tex.-based MGA, has acquired the commercial book of business from Combined Independent Agencies (CIA). The book includes property, casualty, package and commercial auto. CIA’s workers’...

Commercial Auto Rates Up; Sector Ripe for Rapid Change

Oct 23 2000 // Someone up above has been listening. How else can one explain the hardening market that has been the subject of thousands of prayers. Both agents and E&S vendors, then, should be doubly excited about the commercial...

The Hartford Expands Program for Small Businesses

Sep 26 2000 // The Hartford has expanded Spectrum, its signature product for small business, and is now providing more coverages and higher basic and optional limits, while extending eligibility to more than 200 additional classes of...

Commercial Property/Casualty Rates Continue Upwarde

Sep 18 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers (CIAB). Through its quarterly Market Index Survey, released last month, CIAB...

Calif. Labor Dept. Reports Decrease in Workplace Fatalities

Sep 14 2000 // Good news for workers, employers and insurers alike: the number of workers killed on the job in California in 1999 was at the lowest level since 1992. These findings and others were recently published in the annual report...

Commercial P/C Rates Continue Upward

Sep 4 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers. The same held true in Texas, where brokers estimate premium increases...

Commercial P/C Rates Continue Upward

Aug 16 2000 // Commercial property-casualty rates continued to increase across the country according to a report by The Council of Insurance Agents and Brokers. Through its quarterly Market Index Survey, released today, The Council...

EMPLOYERS UNPREPARED FOR E-RISK

Aug 7 2000 // A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. The Assurex E-Risk Survey, conducted by the Human Resource Institute of Eckerd College in...

InsuranceNoodle.Com to Offer Small Business Coverage In Midwest

Aug 4 2000 // InsuranceNoodle.com, a new insurance e-broker, has launched an online insurance solution targeted at small business owners in Illinois, Indiana, Wisconsin, Iowa, Minnesota and Kansas. By September, the company expects to...

Travelers To Buy Reliance Middle-Market Account

Jul 24 2000 // Travelers Insurance has reached an agreement in principle with Reliance Group Holdings to purchase the renewal rights to a portion of Reliance Insurance Group’s commercial lines middle-market book of...

Washington D.C. Commercial Deregulation Bill Passes

Jul 13 2000 // Legislation to reduce government regulation of commercial insurance in Washington D.C. was approved by the District of Columbia Council. Under the legislation, large commercial risks are exempt from filing requirements for...

Four Southern Californians Arrested for Employer Premium Fraud Scheme

Jul 12 2000 // Following a nine-month investigation, Mostafa Behesti, 43, and Rahimi Morteza, 59, owners of Castello Inc., along with bookkeeper Emma Luz Guerzon, 46, and Margaro Haro, 37, owner of Haro’s Landscaping, were all...

Commercial Lines Deregulation Continuesto Gain Momentum at State Level

Jun 26 2000 // Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states have passed laws deregulating commercial lines to one degree or another. “In 2000, we had...

Pennsylvania Employer Sentenced for Not Carrying Workers’ Compensation Insurance

Jun 21 2000 // A Westmoreland County employer who pleaded guilty to five misdemeanor violations of the Pennsylvania workers’ compensation law was recently sentenced to five years probation, ordered to pay $14,798 in restitution and...

Jardine Group Services Changes Names, Adds New E-Business Division

Jun 20 2000 // Jardine Lloyd Thompson Group plc, an international insurance organization, announced today that its U.S. offices have changed their names to JLT Services Corp. The name change affects Jardine Group Services Corporation;...

HSBC Launches Internet Insurance Site for U.K. Small Business Community

Jun 11 2000 // London based Hong Kong and Shanghai Bank Corp. (HSBC) announced the launch of an interactive commercial insurance service for the U.K.’s small business community. Initially the service will offer commercial property...

NY Senate Panel Approves Commercial Lines Bill

Jun 6 2000 // The New York State Senate Insurance Committee has given its approval to a bill that would exempt certain purchasers of commercial insurance from rate and policy form filing requirements. The bill, supported by the American...

The Hartford Makes Plans to Roll Out SEMCI to Commercial, Personal Lines Agencies

May 23 2000 // Beginning in June, The Hartford Financial Services Group Inc. will begin providing agencies with the ability to complete applications and receive and accept binding insurance quotes in real time through their agency...