All the headlines from our Commercial Lines Topic Page, ordered by recency.
Jul 5 2016 // The composite rate for commercial insurance placed in the United States moderated in June to minus 1 percent from minus 2 percent in May 2016.“Insurers are getting tired of cutting rates,” said Richard Kerr,...
Jul 1 2016 // PartnerRe Ltd. announced the formation of a new organizational structure designed to make it easier for clients to do business with the company.“The restructuring of PartnerRe’s business is aimed at better...
Jul 1 2016 // XL Catlin hired Frank Basich as senior member of the XL Catlin marine underwriting team in San Francisco.Basich is responsible for inland marine business in the western states, exercising his 25-plus years of experience...
Jun 29 2016 // CNA has appointed Barbara Sandelands as senior vice president, Commercial Underwriting Services.In this newly created role, she is responsible for driving the overall strategic direction and general management of...
Jun 29 2016 // CNA announced the appointment of Barbara Sandelands as senior vice president, Commercial Underwriting Services. In this newly created role, she is responsible for driving the overall strategic direction and general...
Jun 24 2016 // Prime Property and Casualty Insurance Inc. (PPCI) has expanded into the Florida commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks.PPCI is able to insure...
Jun 22 2016 // The Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems or drones opening pathways towards fully integrating UAS into the nation’s...
Jun 22 2016 // The Travelers Cos. Inc. announced it will offer insurance directly to UK small businesses with fewer than 10 employees and less than £2.5 million ($3.7 million) in revenues.The online platform will initially be available...
Jun 21 2016 // Chicago, IL, June 21, 2016 – Prime Property and Casualty Insurance Inc. (“PPCI”) has rolled into the Florida commercial auto market as a bold new admitted carrier specializing in insurance solutions for...
Jun 20 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS).While price changes in the...
Jun 15 2016 // The Small Business Investor Alliance is throwing its support for behind a bill to reauthorize and amend the California Organized Investment Network program.Assembly Bill 2728 will reauthorize COIN and ensure that insurance...
Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...
Jun 13 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS).While price changes in the...
Jun 9 2016 // I’ll spare you the suspense, the one auto insurance commercial that really ticks me off (and I mean it causes a physical and even visceral response) is the Good2Go Auto commercial.This is not a word-for-word recount...
Jun 9 2016 // Assurant, Inc. has teamed up with cybersecurity specialist MyDigitalShield to help protect small businesses against losses from data breaches.Assurant will provide support for MyDigitalShield’s data breach guarantee,...
Jun 8 2016 // Chubb has launched a comprehensive single property and liability package insurance policy for middle market businesses in the UK and Ireland.“MasterPackage” is designed to meet the needs of UKI business with...
Jun 8 2016 // A California waste management company at the center of a closely watched case told a U.S. appeals court on Tuesday that the new U.S. labor board standard for “joint employment” is so broad and vague that it...
Jun 6 2016 // The Hartford has appointed Mark Shults as division executive for Middle Market sales and underwriting operations in The Hartford’s Central Division. He is based in Frisco, Texas. The Central Division encompasses...
Jun 6 2016 // Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would...
Jun 3 2016 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched its online Professional Small Business Program.The program provides general liability,...