All the headlines from our Commercial Lines Topic Page, ordered by recency.
Aug 27 2013 // Moody’s said it expects U.S. property/casualty (P/C) insurance rates to continue to rise during the remainder of 2013 for the major commercial lines, following significant rate increases for 2012.This increase would...
Aug 26 2013 // Workplace fatalities in Wyoming reached the highest number in five years in 2012, slightly surpassing the number of deaths the state has seen in each of the past several years.Last year, 35 people died on the job in...
Aug 26 2013 // Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Mike Martin as executive vice president and general manager, National Insurance Property. Martin will lead a unit that provides...
Aug 22 2013 // Health-insurance premiums to cover working Americans rose 4 percent this year, less than the previous two years in another sign that the cost of employee benefits for U.S. companies may be slowing.Annual premiums for a...
Aug 20 2013 // Both workers’ compensation benefits paid to insureds and costs for employers increased in 2011, a new study released today revealed.Total workers’ comp costs to employers rose by 7.1 percent to $77.1 billion,...
Aug 19 2013 // A new report says that in recent years many states have enacted legislation to protect retailers from commercial host liability by increasing the evidentiary requirements, limiting the amount of liability awards and/or...
Aug 19 2013 // Median organic revenue growth reached 6.9 percent in the 2013 second quarter for mid-size and large privately held insurance agencies and brokerage firms, according to a survey by Reagan Consulting, a management consulting...
Aug 19 2013 // After four months of going up at 5 percent, commercial property/casualty insurance rates have moderated. The July 2013 rate increase was plus 4 percent, according to MarketScout’s market index.Rate increases for...
Aug 13 2013 // Rates of serious workplace injury and illness vary significantly between states, even for workers in the same industries, according to a recent report.Allsup, a provider of Social Security Disability Insurance (SSDI)...
Aug 8 2013 // Courtney Woodruff has been promoted to vice president of commercial client services at Texas-based insurance brokerage, Roach Howard Smith & Barton (RHSB).Woodruff joined RHSB in 2007 as an account executive leading...
Aug 8 2013 // For the first time, an uninsured employer has been convicted of a Class 4 felony for failing to obtain workers’ compensation insurance in Illinois, the state workers’ compensation commission announced.Ahmed...
Aug 6 2013 // After four months of going up at 5 percent, commercial property/casualty insurance rates have moderated. The July 2013 rate increase was plus 4 percent, according to MarketScout’s market index.Rate increases for...
Aug 6 2013 // Median organic revenue growth reached 6.9 percent in the 2013 second quarter for mid-size and large privately held insurance agencies and brokerage firms, according to a survey by Reagan Consulting, a management consulting...
Aug 5 2013 // CNA has launched CNA Paramount, a new package policy for mid-sized businesses that combines property and general liability coverage.CNA Paramount brings all the basic and critical property and crime coverage needs into one...
Aug 5 2013 // Liberty Mutual Insurance has given Executive Vice President Julie Burnett an added responsibility as head of distribution for the company’s Business Insurance operation. In addition to this appointment, Burnett will...
Aug 5 2013 // The Obama Administration’s recent decision to delay implementation of the Employer Mandate and reporting requirements in the Affordable Care Act should be viewed as a welcomed move.Namely, it’s an opportunity...
Jul 26 2013 // The Chubb Corp. reported its 2013 second quarter net income of $579 million, a 43.3 percent increase from $404 million net income posted a year ago.The company said it benefited from higher rates and stronger underlying...
Jul 23 2013 // Insurance Agents & Brokers (IA&B) — a partnership of three agents’ associations serving Pennsylvania, Maryland and Delaware — said its latest survey shows its members’ overall satisfaction...
Jul 18 2013 // The Travelers Companies Inc. announced the launch of the Small Business Risk Education (SBRE) program in Chicago to help women and minority small business owners learn about risk management, develop safety risk management...
Jul 17 2013 // W. R. Berkley Corp. said it has named Timothy F. Galvin as president of its subsidiary, Midwest Employers Casualty Co. (MECC). The appointment is effective immediately. Galvin succeeds Melodee J. Saunders, who has served...