All the headlines from our Commercial Lines Topic Page, ordered by recency.
Feb 7 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick.The law modifies the standard fire insurance...
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
Feb 7 2011 // Some small business owners are expressing their intentions to invest in future growth, as economic storm clouds of the past few years show signs of clearing. The National Federation of Independent Business’ latest...
Feb 3 2011 // BB&T Insurance Services has promoted David Owen to director of commercial lines and BB&T Insurance Services’ at its Fort Myers, Florida office. Owen will also continue as the branch manager of...
Feb 2 2011 // Berkley Life Sciences, LLC, an insurance underwriting company dedicated solely to the life sciences industry, has begun offering a full suite of commercial lines policies on an admitted basis.The admitted policies will be...
Jan 31 2011 // Houston-based Dean & Draper Insurance Agency LP, one of the largest independent insurance agencies in Texas, announced it recently received the honor of being named one of the Best Companies to Work for in Texas...
Jan 31 2011 // Another report indicates that soft commercial insurance market conditions that persisted throughout the U.S. in 2010 will continue into 2011.Key commercial insurance market drivers from 2009—including intense competition...
Jan 28 2011 // Liberty Northwest, a Liberty Mutual Agency Corp. regional company, has announced an overall retro rating adjustment of nearly 28 percent in workers’ compensation insurance premium adjustments and premium surcharge...
Jan 28 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick.The law modifies the standard fire insurance...
Jan 28 2011 // XL Insurance, the global insurance operations of the XL Group, announced the appointment of Cristiana Báez-Safa as Chief Underwriting Officer Professional Lines for its Commercial Risk business outside of North America....
Jan 26 2011 // Hiscox USA has expanded its small business insurance offering direct and online to professional services businesses with 10 employees or less in New York and Florida.The metro areas in southern New York and southern...
Jan 21 2011 // Missouri House members have given first-round approval to a tax break for small businesses, which is a priority for the chamber’s Republican leaders. The businesses would be eligible for a $10,000 tax deduction for...
Jan 19 2011 // Reno, Nev.-based Employers Holdings Inc. has announced that the company and Martin J. Welch have mutually agreed to the separation of his employment as the chief operating officer and president of Employers Insurance...
Jan 19 2011 // There were 48 fatal workplace accidents in North Carolina in 2010, a tally that is up from 34 in the previous year but below the five-year average of 53.2.At the same time, the state’s overall injury and illness rate...
Jan 18 2011 // Tower Group has acquired the renewal rights to the middle market commercial package and commercial auto business of Navigators.Terms of the deal were not disclosed. The portfolio of policies sold by New York-based...
Jan 14 2011 // The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are towering condos, gleaming hotel resorts, urban mixed use or suburban office space, many of these...
Jan 13 2011 // U.S. small businesses appear to be on the cusp of a mini hiring revival that may be a bit stronger than the Labor Department’s data suggests.Three sets of private sector surveys released this month showed a pick-up...
Jan 12 2011 // CNA Financial Corp. announced it has expanded its Commercial Insurance management team.Pat O’Connor will join the global business insurer as senior vice president of its Mono-line Property unit, with oversight of the...
Jan 12 2011 // New York-based USI Holdings Corp. has acquired the commercial marine business operation from Venbrook Group LLC, a Los Angeles-based property and casualty company. The acquired business will be combined with USI’s...
Jan 11 2011 // The property/casualty small business sector—those accounts with less than 50 employees—has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and large...