All the headlines from our Commercial Lines Topic Page, ordered by recency.
Oct 29 2015 // Commercial property/casualty insurance prices continued to decline moderately — an average of 3.1 percent— during the third quarter, according to a survey by The Council of Insurance Agents & Brokers.The CIAB...
Oct 28 2015 // Florida-Based Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focusing on coastal properties, has named Robert J. Rose senior vice president of Underwriting and Programs and Bryan...
Oct 26 2015 // A legislative panel has asked Arkansas’ insurance commissioner to expand the definition of small businesses so more companies can purchase coverage for their employees through a marketplace.But state Insurance...
Oct 21 2015 // K&K Insurance Group, Inc., a subsidiary of Aon plc, is now accepting property and casualty program business from producers.K&K has provided property and casualty program options for more than 60 years,...
Oct 19 2015 // Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy commercial lines agencies definitely generate their share of E&O...
Oct 19 2015 // Commercial property insurance continues to be a buyer’s market with additional capacity still making its way into an already overcrowded space. In the current market it is important for the insureds to set goals...
Oct 19 2015 // It’s costly to sell new commercial lines accounts. In addition to the various prospecting and marketing costs, there is fact gathering/front line underwriting, pricing, proposal preparation and presentation – and...
Oct 16 2015 // American International Group (AIG) announced leadership appointments in its Commercial Insurance business, including a new chief underwriting officer and the newly-established roles of global head of Cyber, and presidents...
Oct 15 2015 // San Diego, CA, October 15 2015 – Atlas General Insurance Services, LLC, a National multi-line program administrator, welcomes Lee Glaser as the new Senior Vice President of the Commercial Division.In his new role, Lee...
Oct 14 2015 // Data from the U.S. Occupational Safety and Health Administration show Ohio with the second-highest number of workers killed on the job in the agency’s Midwest region this past fiscal year, behind Illinois.A previous...
Oct 9 2015 // Take Command Health, a Texas-based startup dedicated to helping individuals choose and save on their health insurance, is partnering with Zane Benefits to provide Texas businesses with fewer than 50 employees with health...
Oct 7 2015 // A supplier of fast food and supermarket chicken is facing more than $1.4 million in fines this year for worker safety and health violations at Ohio facilities, including several that led a teenage worker to suffer the...
Oct 7 2015 // Federal safety officials have fined a Texas-based weapons manufacturer $197,000 for putting workers at risk.Maverick Arms Inc. in Eagle Pass, Texas, was cited on Sept. 30, 2015, by the U.S. Department of Labor’s...
Oct 6 2015 // A new federal report says 120 Louisiana workers died on the job last year — six more than in 2013. New Orleans City Business reports that the Bureau of Labor Statistics found the largest number of such deaths — 37 —...
Oct 5 2015 // QBE North America has welcomed a veteran industry executive to its leadership team.Walter Grote has joined QBE North America as senior vice president, commercial property/casualty, and will be based in the Chicago office....
Oct 5 2015 // CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy insurance offerings that could...
Oct 5 2015 // The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from compressing margins, according to Moody’s Investors Service.In a new report,...
Oct 5 2015 // The Department of Industrial Relations has posted preliminary workplace fatality statistics for California in 2014 that show a decline.The Census of Fatal Occupational Injuries data reflect a total of 334 fatal work...
Oct 5 2015 // The Florida Office of Insurance Regulation (FLOIR) issued an order on September 17 establishing the 2016 commercial lines rates for Citizens Property Insurance Corp. The overall estimated statewide average rate changes are...
Oct 2 2015 // Morgan Stanley is asking employees to give up their right to sue the firm in class actions for civil rights violations including discrimination based on race, gender or age, according to a former employee’s...