All the headlines from our Commercial Lines Topic Page, ordered by recency.
Dec 5 2007 // North Carolina Insurance Department officials denied an ongoing licensure request of Castleton Group Inc., a professional employer organization based in Raleigh, “due to its hazardous financial condition.”The...
Dec 3 2007 // Montgomery Insurance, a Charlotte, N.C.-based member of Liberty Mutual Group introduced a new commercial product line: The Montgomery Advantage Commercial Series.The centerpiece of the new line is CUSTOM PROTECTOR, a...
Dec 2 2007 // Employers will have to pay the full cost for almost all personal safety equipment used by their workers, the Labor Department said recently, a move advocates say will prevent thousands of on-the-job injuries.The...
Nov 30 2007 // Another very profitable year for commercial lines insurers, sparked by yet another exceptionally mild hurricane season, is emerging for the entire U.S. property/casualty industry, says Standard & Poor’s Ratings...
Nov 28 2007 // Encino, Calif.-based NAS Insurance Services has a new small business employment practices liability insurance coverage (for companies with 10 full time employees or less) featuring higher commissions. This new EPLI...
Nov 28 2007 // Zurich North America announced it has added 100 monoline workers’ comp business classifications to its coverage offerings. Most of the new classes are for light manufacturing, wholesale and service company risks. The...
Nov 20 2007 // Reno, Nev.-based Employers Holdings Inc. reported results for the third quarter and nine months ended Sept. 30, 2007. Consolidated net income was $29.9 million, or $0.58 per share, for the third quarter of 2007, compared...
Nov 19 2007 // Employers will have to pay the full cost for almost all personal safety equipment used by their workers, the Labor Department said recently, a move advocates say will prevent thousands of on-the-job injuries.The...
Nov 18 2007 // The Florida Office of Insurance Regulation approved a new multi-peril commercial insurance program for Citizens Property Insurance Corp.The new multi-peril product provides up to $2.5 million in coverage. The policies will...
Nov 4 2007 // Stock Prices: Commercial property/casualty insurer stocks have been relatively flat through the third quarter of 2007. Chubb Corp. (NYSE:CB) had the largest gains for the year, up a modest 3 percent.M&A Activity: The...
Nov 1 2007 // The California Department of Industrial Relations (DIR) announced that workplace injuries and accidents declined in California in 2006 in all but four of 19 key industries compared to 2005.Overall workplace injuries and...
Oct 30 2007 // Willis Group Holdings further strengthened its UK “Willis Commercial Network “(WCN) with the announcement that brokers Scrutton Bland Ltd. have joined the organization.Willis established its Commercial Network...
Oct 29 2007 // Managing general agent and surplus line boker Trans Cal Associates announced the expansion of it underwriting staff. Sarah Lemons was promoted to commercial lines underwriter in Trans Cal’s Commercial Transportation...
Oct 29 2007 // The Harry W. Gorst Co. of Chatsworth, Calif., has promoted LaTanya Taylor to commercial lines underwriter. Taylor began her career in insurance in 1989 at a large California wholesaler, in which she specialized as a tech...
Oct 27 2007 // The insurance buying habits of the typical small commercial customer haven’t changed much in 15 to 20 years, yet the small business owner may be in more need of the added protection given by the purchase of a...
Oct 26 2007 // Okemos, MI October 26, 2007 – NetRate Systems, Inc. (Okemos, MI), a leading supplier of ISO® Commercial Lines Rating software for the MGA and carrier marketplace, has announced the availability of component objects...
Oct 25 2007 // South Carolina regional brokerage and consulting firm, Upstate-based Rosenfeld Einstein, added Jay Terry as Commercial Account Executive. Terry joins Rosenfeld Einstein after running his own insurance firm in Charleston,...
Oct 25 2007 // Gina Wallisa will be joining State Auto Middle Markets’ (SAMMI) Texas office effective Oct.29, 2007, the company reported. Wallisa will serve as the zone underwriting manager responsible for executing regional...
Oct 24 2007 // Canton, Mass.-based One Beacon Insurance Group announced Tuesday that it will begin offering property-casualty products to small-business owners in Indiana through independent agent partners. OneBeacon’s local...
Oct 24 2007 // Zurich is now offering its group captive product to agency, association and managing general agent (MGA) captives using independently owned segregated portfolio companies.“With the segregated portfolio option we now...