All the headlines from our Business Insurance Topic Page, ordered by recency.
Mar 27 2002 // American Re-Insurance Company announced the appointment of a new senior management team to direct the five Strategic Business Units of its U.S. property casualty underwriting operations, as well as the appointment of chief...
Mar 20 2002 // Insurers were pleased as the National Association of Insurance Commissioners (NAIC) adopted its Commercial Lines Rate and Form Model Act at its Executive Committee meeting during the Spring Meeting in Reno this week.The...
Mar 19 2002 // Businesses’ increased use of the Internet is making for a substantial growth opportunity for the emerging e-business insurance market, but e-business insurance may not be a good market for every insurer, according to...
Mar 11 2002 // When the prospect of selling insurance over the Internet first reared its head, one of the initial impressions it left was that it posed a threat to independent insurance agents and brokers. Futurists proclaimed a new...
Mar 11 2002 // When the prospect of selling insurance over the Internet first reared its head, one of the initial impressions it left was that it posed a threat to independent insurance agents and brokers. Futurists proclaimed a new...
Feb 25 2002 // Fort Worth, Texas-based nonstandard property and casualty insurer, GAINSCO Inc., said it plans to stop writing commercial lines of business due to unprofitable results and increasing claims. On a related note, GAINSCO...
Feb 11 2002 // The cyclical ups and downs of the multisegmented arena referred to collectively as commercial auto are nothing new. Though the years referred to as “soft” and “hard” vary in both length and...
Feb 11 2002 // If it seems like you’re seeing more drivers with phones stuck to their ears, it isn’t your imagination. There are more than 88 million cell phone users in this country —40,000 new subscribers every day—and...
Feb 11 2002 // Like most property and casualty insurance lines, the commercial auto insurance market has witnessed rate increases over the past year and expects to see more. And, as in other lines, underwriters are scrutinizing accounts...
Feb 11 2002 // If it seems like you’re seeing more drivers with phones stuck to their ears, it isn’t your imagination. There are more than 88 million cell phone users in this country —40,000 new subscribers every day—and...
Jan 30 2002 // The National Association of Independent Insurers (NAII) is urging state insurance regulators to consider personal lines exclusions on a case-by-case basis for insurers that demonstrate the potential for solvency problems...
Jan 28 2002 // Fortune magazine has named Sweden’s Skandia as one of the one of the ten “greatest workplaces” in Europe, following a survey of journalists, securities analysts, business school professors, consultants...
Jan 28 2002 // Dire predictions have been floating around since September 11 regarding the availability and pricing of insurance coverage for commercial property, largely due to the issues surrounding terrorist exclusions and whopping...
Jan 17 2002 // According to PR Newswire, the insurance industry is showing the first signs of distress following the Sept. 11 terrorist attacks, with major commercial property/casualty premiums uniformly on the upswing and confusion in...
Jan 16 2002 // Visibillity Inc. announced that Employers Mutual Casualty Company, a property and casualty insurer with headquarters in Des Moines, Iowa, signed a three year contract valued at more than $1 million dollars for...
Jan 14 2002 // Commercial property owners throughout the nation can expect their insurance premiums to increase significantly in 2002 due to the impact of the Sept. 11 attacks on the insurance industry, according to Jenny Jones, CEO of...
Jan 11 2002 // AIG Global Trade and Political Risk Insurance Company, a member company of American International Group Inc. (AIG) has introduced a new political risk insurance coverage for small and mid-sized companies. AIG...
Jan 8 2002 // American International Group Inc. (AIG) announced that AIG Private Client Group, a division of the American International Companies, is offering employment practices liability coverage to protect individuals against...
Jan 7 2002 // As earlier reported (see IJ Website Dec. 27), CGNU is close to concluding a deal to sell its French commercial lines business, CGU Courtage, to French mutual insurer Groupama. The transaction highlights the restructuring...
Jan 4 2002 // Commercial property owners throughout the nation can expect their insurance premiums to make major leaps this year due to the repercussions of the Sept. 11 attacks rippling through the insurance industry, according to...