Latest Business Owner Policy Headlines

All the headlines from our Business Owner Policy Topic Page, ordered by recency.

Main Street America Launches New Business Owners Policy

Feb 1 2010 // The Main Street America Group launched its new Main Line Business Owners Policy (BOP) property and liability product. The insurer also launched Main Street Station for commercial lines quoting and policy issuance system in...

Main Street Group Adds 5 States for Business Owners Policy

Nov 4 2009 // The Main Street America Group has introduced its Main Line business owners policy (BOP) property and liability insurance product and Main Street Station for commercial lines quoting and policy issuance system to its...

New Business Owners Product in California

Oct 30 2009 // Trinity E&S Services, Inc., with offices in Bermuda Dunes and Petaluma, Calif., is announcing the introduction of an E&S Business Owners Policy for retail agents in California that do not otherwise have access to...

GUARD Introduces BOP in New York

Oct 28 2009 // GUARD Insurance Group has begun offering Businessowner’s Policy coverage in New York.This new line complements the company’s traditional specialtym, workers’ compensation insurance for small- to...

Buyer and Agent Beware

Sep 7 2009 // Just when I really think I understand a coverage I am blind-sided by the reality of what is actually happening in the insurance industry. I remember the good old days when a business owners policy (BOP) was a simple policy...

Arrowhead Wholesale Offers Small Firm Architects & Engineers Product

Apr 13 2009 // San Diego-based brokerage Arrowhead Wholesale Insurance Services LLC (AWIS) has added a new product to complement its focus on architects and engineer-related industries, targeting smaller low-hazard firms. The architects...

5 Business Owner Policy Gaps and Pitfalls Agents Should Watch Out For

Feb 8 2009 // Business owner policies, traditionally referred to simply as BOPs, were introduced in 1976 and significantly revised in 1987. The BOP evolved gradually since the 1987 revisions to include risk classification and sizes not...

The Main Street America Group Introduces Main Line BOP

Feb 3 2009 // The Main Street America Group, a super regional property/casualty insurance carrier, announced the availability of its new Main Line business owners policy (BOP) product and Main Street Station for commercial lines quoting...

MSO Makes BOP Available in New England

Jan 21 2009 // The Mutual Service Office Inc. (MSO) has made its Businessowners program available in New Hampshire and Vermont.This marks the first time Glen Rock, New Jersey-based MSO has offered a product in either state. Designed for...

Financial Pacific Insurance Launches BOP Program

Dec 3 2008 // Financial Pacific Insurance Co. has launched a business owners program (BOP) for appointed agents in California. Agents are able to quote restaurants, apartments, mobile home parks, self storage facilities, retailers,...

Harleysville Retools Businessowners Policy under StarAdvantage Banner

May 22 2008 // Harleysville Insurance has introduced its first product under its new StarAdvantage banner. The new Businessowners Program (BOP) is for smaller, property-driven risks in hundreds of business classes. Market segments...

Home-Based Business Boom

Feb 10 2008 // Americans’ houses have increasingly become a hodgepodge between a home and an office. It’s believed that there are more people working out of their homes now than at any time in history. And experts say...

BOP Opportunities Abound in Fla., Ga., N.C., Texas and Wash.

Feb 10 2008 // The U.S. business owners policy (BOP) market consists of nearly 21 million enterprises and produces more than $20 billion in premiums. Within this broad market sector, 44 percent of the premium opportunity is concentrated...

Workers Comp Insurer Guard Begins Rollout of Businessowners Policy

Jan 23 2008 // Guard Insurance Group in Wilkes-Barre, Penn. is venturing beyond its workers compensation roots by introducing a small businessowners policy (BOP) during the first quarter of 2008.The company said it will begin rolling out...

BOPs deliver more now than in the old days

Oct 8 2007 // Today’s small, medium-sized owners get more and better coverage options in their business owners policiesThe business owner policy (BOP) of today is not the BOP of yesterday, industry experts agree. When the first...

BOPs deliver more now than in the old days

Oct 8 2007 // The business owner policy (BOP) of today is not the BOP of yesterday, industry experts agree. When the first BOP coverage was introduced in the late 1970s, it was mostly utilized by direct writers whose niche in the...

BOP evolution warrants a second look

Jul 2 2007 // Do you think of business owners policies (BOPs) as low-premium accounts that won’t make any money, are too labor intensive, or are more trouble than they’re worth?Don’t be so quick to judge. This line of...

BOP evolution warrants a second look

Jul 2 2007 // Do you think of business owners policies (BOPs) as low-premium accounts that won’t make any money, are too labor intensive, or are more trouble than they’re worth?Don’t be so quick to judge. This line of...

Business Owners Policies

Jul 2 2007 // submission by carriers.BOP evolution warrants a second look Do you think of business owners policies (BOPs) as low-premium accounts that won’t make any money, are too labor intensive, or are more trouble than...

Ill. Group Offers New Information on Terrorism Loss Costs, Rating Factors

Jun 12 2007 // Wheaton, Ill.-based the American Association of Insurance Services (AAIS) recently announced that it will initiate a countrywide filing of new Businessowners (BOP) manual supplements that include new terrorism loss costs...