All the headlines from our Commercial Lines Topic Page, ordered by recency.
Feb 8 2009 // Stock Price: Commercial lines stocks mirrored those of major indices in 2008, trading down 14 percent.Mergers & Acquisitions: Middle market carriers continue to be major players in the acquisition market as they look...
Feb 3 2009 // Texas State Representative Bill Callegari (Katy) has filed two measures to cap increases in property tax appraisals for commercial property. The bills, HB 979 and HJR 49, limit annual appraisal increases for commercial...
Jan 29 2009 // Michigan Republicans are again trying to stop Gov. Jennifer Granholm’s administration from instituting mandatory workplace ergonomics rules in the state.The Democratic governor has previously vetoed similar...
Jan 28 2009 // According to the Aon’s newly launched “Market Pulse,” underwriters expect motor [auto] insurance premiums for UK companies to increase in the first quarter of 2009. Aon said its new quarterly index...
Jan 27 2009 // ACE Europe has announced the launch of “ACE Evolve,” which it describes as a “coordinated insurance and risk management solution for mid-sized companies with overseas subsidiaries or assets. ACE Evolve...
Jan 27 2009 // Texas State Rep. Brandon Creighton has filed HB 720 to give more small businesses an exemption from the state business tax. Current law exempts businesses with revenue under $300,000 and gives discounts to those who make...
Jan 26 2009 // As the U.S. economic slowdown deepens, middle-market companies are reassessing their relationships with insurance brokers and adopting a more bottom-line approach to securing insurance coverage.Historically, middle-market...
Jan 23 2009 // Reno, Nev.-based Employers Holdings Inc., a Nevada-based company whose subsidiaries are specialty providers of workers’ compensation insurance focused on small- and medium-sized businesses, announced a strategic...
Jan 22 2009 // Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment —...
Jan 22 2009 // Many small business owners say that they’re prepared to eliminate some positions or reduce the number of hours employees work as part of their contingency planning for 2009, according to a recent survey.Almost half...
Jan 20 2009 // Oklahoma House of Representatives Democratic Leader Danny Morgan, D-Prague, filed a bill that he says will help small businesses reduce costs by adding Oklahoma businesses to the state’s Do Not Call...
Jan 16 2009 // With the world’s attention focused on the US Airways Airbus emergency landing in the Hudson River and the successful rescue of passengers, the insurance industry points out that the commercial airlines industry has a...
Jan 15 2009 // An audit finds that the New York state Department of Motor Vehicles has incorrectly scored some tests for some commercial drivers and given licenses to people who were not qualified.State Comptroller Thomas DiNapoli says...
Jan 14 2009 // Business groups want to halt efforts to adopt mandatory workplace ergonomics standards in Michigan. Commissions set up by state regulators are scheduled to take preliminary but key votes on potential rules next week. A...
Jan 13 2009 // Workplace deaths in North Carolina rose in 2008 after three years of declines, and officials worry that the nation’s sagging economy is partly to blame.Preliminary data provided by the North Carolina Department of...
Jan 11 2009 // The Florida Supreme Court has ruled that a parent can’t execute an injury liability waiver for a minor child when the liability release involves participation in a commercial, as opposed to community or nonprofit,...
Jan 11 2009 // Commercial construction insurance brokers from the northeast to the west coast, from Texas all the way to North Carolina, say the market and their business right now are not as bad as might be expected from reading daily...
Jan 11 2009 // As the economy continues to falter and a new Administration takes over in Washington, the workplace is being seeded with new legal hazards for business owners that could lead to an increase in employment charges and...
Jan 6 2009 // Covington, La.-based First Premium Insurance Group Inc., a growing regional property and casualty insurance broker and certified managing general agent, has promoted Kellie Williams to commercial underwriter. Kellie first...
Dec 31 2008 // The commercial insurance market cycle is close to its bottom and general commercial insurance prices will begin increasing by the fourth quarter of 2009 or the first quarter of 2010, according to a consultant to the global...