All the headlines from our Commercial Lines Topic Page, ordered by recency.
Jul 21 2004 // The commercial property/casualty insurance market showed signs of continued softening in the second quarter of 2004, with one-third of the small accounts and more than half the medium and large accounts experiencing...
Jul 21 2004 // Axis U.S. Insurance has announced that its excess and surplus (E&S) property unit is now offering property insurance coverage for U.S.-based lumber, wood products and furniture risks.Jeffrey Berkshire has joined Axis...
Jul 19 2004 // The Enron, Adelphia, Global Crossing and WorldCom corporate governance and fraud scandals of 2001 and 2002 may seem like a distant and terrible memory, but the public received some harsh reminders recently. Former Enron...
Jul 19 2004 // Fitch Ratings has revised its rating outlook for the U.S. commercial lines insurance sector to stable from negative. Fitch had maintained a negative rating outlook on the sector since September 2000.The revised outlook...
Jul 16 2004 // South Carolina small employers in the Lowcountry will have the opportunity to learn more about employee health benefits and other health coverage initiatives Wednesday, July 21, from 11 a.m. to 6 p.m. at the Embassy Suites...
Jul 15 2004 // Seattle-based Kibble & Prentice recently announced the results of its annual employee benefits survey. With nearly 200 Washington state companies reporting, the results showed three clear trends: health care costs...
Jul 15 2004 // In the continuing march toward a soft market, most commercial insurance buyers renewed their policies at the same or lower premiums last quarter, according to a survey of corporate risk managers.Data from the survey shows...
Jul 13 2004 // Suzanne Rita Beall was sentenced on July 12 to three years in state prison for grand theft, possession of forged documents with intent to defraud and embezzlement from an elder, at the Yolo County Superior Court in...
Jul 13 2004 // Ace Risk Management, a unit of ACE USA, announced an expansion of its product offerings targeted toward mid-sized companies in the casualty risk financing marketplace through the establishment of specialized teams in each...
Jul 12 2004 // Commercial property writers in Canada saw better underwriting results for the second consecutive year in 2003, as the line’s net loss ratio decreased about 12.3 points to 49.5 from 61.8 in 2002, according to a study...
Jul 9 2004 // In an effort to bring attention to employers that are not paying their workers’ compensation premiums, the Ohio Bureau of Workers’ Compensation (BWC) has released the names of the top 150 Ohio businesses with...
Jul 5 2004 // Nuts & Bolts: Safety Net Insurance Marketing Corporation is offering a new commercial auto/truck physical damage and high value, substandard private passenger physical damage program.Dollars: Up to $1 million coverage...
Jul 5 2004 // Nuts & Bolts: Anderson & Murison Inc. has a program for general contractors doing commercial and apartments. No dwelling or condos. Blanket additional insured. Per project aggregate. Waiver of subrogation. This...
Jul 1 2004 // Commercial National Financial Corporation (Nasdaq: CNAF) in Latrobe, Pa., has successfully completed its previously announced sale of the insurance agency assets relating to the Gooder Agency, Inc. The board of...
Jul 1 2004 // SAIF Corporation, Oregon’s non-profit workers’ compensation insurance company, announced its newest policyholder, Bear Creek Corporation, Southern Oregon’s largest employer.SAIF will provide...
Jun 30 2004 // Woodland Hills, Calif.-based ClearComp and Virginia-based e-Triage recently announced an innovative solution that will reportedly reduce workers’ compensation costs.The new service, Claim Navigator, promises to...
Jun 29 2004 // More than 245,000 injuries and illnesses were reported by Florida employers in 2002, according to a joint federal and state survey released this month. In Florida, more than 10,000 employers participated in the joint...
Jun 28 2004 // XL Capital Ltd. announced that its insurance operations will provide commercial property insurance capacity of up to $500 million, allowing it to underwrite entire global property programs on a selective basis. XL’s...
Jun 24 2004 // According to the State of Home Safety in America report (2004), a new study released by the Home Safety Council, employers are spending an average of $280 per employee equating to $38 billion a year for injuries suffered...
Jun 22 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default.Injunctions were filed in Kanawha County...