Hurricane Harvey could upend a trend of nearly flat commercial insurance prices that has continued since 2015, Willis Towers Watson said in its latest industry survey. “Insurers are bracing for a significant volume of complex commercial property claims, as well …
Liberty Mutual’s has launched a new proprietary Premier Property Protector all-risk policy to accommodate all of a broker’s single carrier and shared and layered property coverage needs. According to Mike Fallon, president of National Insurance, Liberty Mutual’s business unit that …
On May 11, the Texas Senate passed a bill exempting certain policyholders from the requirement that agents to make a “diligent effort” to find insurance in the admitted commercial insurance market. Gov. Greg Abbott has signed the measure, which becomes …
Zurich Insurance has created a new structure for its Commercial Insurance business in Asia Pacific (APAC), following the combination of its Global Corporate and Commercial units into a single division. “This simplified structure provides a single point of entry for …
Workers’ compensation, commercial insurance purchasing rules and auto insurance verification are among key challenges for insurers in Illinois legislative session, a national insurance trade organization says. American Insurance Association (AIA), which identified legislative and regulatory issues for property/casualty insurers in …
A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely has found hockey pucks …
Liberty Mutual Insurance has launched two new excess casualty products for large companies: the Utility Follow Form Excess for the power and utility sectors, and the Integrated Occurrence Form for the large corporate sector. Both are available from Liberty Surplus …
Zurich Insurance Group AG named James Shea to head a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring. Shea, 50, joins from American International Group Inc. where he headed global financial …
Internet Insurance Group (IIG), a Waltham, Mass., based insurance agency that sells commercial insurance to small businesses, has launched its flagship website, SmallBusinessQuote.com. The firm has been working to build out its product offerings over the past year by building …
MJ Insurance has added Ryan Goodwin to its risk management and commercial insurance team in Indiana. Goodwin joins MJ from Morgan Insurance Group in Martinsville where he worked for the past five years. Previously, Goodwin served as a police officer …
