All the headlines from our Commercial Lines Topic Page, ordered by recency.
Jun 21 2004 // Nuts & Bolts: AIG Excess Casualty introduced AIG ExcessPrime, a $25 million commercial liability program that provides insureds with additional excess limits. AIG ExcessPrime is designed to sit in excess of $50...
Jun 21 2004 // Nuts & Bolts: AIG Excess Casualty, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), introduced AIG ExcessPrime, a $25 million commercial liability program that provides...
Jun 21 2004 // A new survey indicates that only 20 percent of commercial real estate portfolios would retain terrorism coverage if the requirement that insurers make it available is lifted, down from 83.5 percent.The survey by mortgage...
Jun 21 2004 // Nuts & Bolts: AIG Excess Casualty, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), introduced AIG ExcessPrime, a $25 million commercial liability program that provides...
Jun 16 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Employers Re Corp Group and Westport Insurance Corporation of Jefferson City, Mo.The bulletin noted that the...
Jun 14 2004 // A new Rhode Island law allows for a terrorism exclusion from the Standard Fire Policy (SFP) for certain commercial risks. The new law, which became effective last week, amends the state’s Special Commercial Risk...
Jun 11 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on the U.S. commercial-lines insurance industry to stable from negative “based on the delicate balance now in play between the...
Jun 11 2004 // The Massachusetts House and Senate have both approved legislation to deregulate insurance rates and forms for certain large commercial risks.The measure permits commercial accounts with more than $30,000 in premium that...
Jun 9 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against eight state employers whose accounts with the Commission are reportedly in default.Injunctions were filed in Kanawha County...
Jun 8 2004 // A new survey indicates that only 20 percent of commercial real estate portfolios would retain terrorism coverage if the requirement that insurers make it available is lifted, down from 83.5 percent.The survey by mortgage...
Jun 8 2004 // Gary C. Bhojwani has been named president of Commercial Business for Fireman’s Fund Insurance Company. He was previously president of Lincoln General Insurance Company, a subsidiary of Kingsway Financial Services.The...
Jun 8 2004 // Continuing a trend to loosen regulation on insurance companies, a Louisiana state Senate committee advanced House Bill 1514, which allows business insurance providers to bypass Louisiana’s Insurance Rating Commission...
Jun 8 2004 // Employers Direct Insurance Company (EDIC) announced another round of workers’ compensation rate reductions for California employers, bringing the total decrease to 20.9 percent from a year ago. The latest rate...
Jun 7 2004 // Florida, like other states, is working to make sure our residents have access to health care insurance.The recent Medicare reforms passed by Congress gave states an important new option: tax-free savings accounts to pay...
Jun 7 2004 // Nuts & Bolts: AIG Excess Casualty introduced AIG ExcessPrime, a $25 million commercial liability program that provides insureds with additional excess limits. AIG ExcessPrime is designed to sit in excess of $50...
Jun 7 2004 // Health insurance, liability insurance and workers’ compensation are the top three problems facing America’s small business owners, at least that’s what a study from the National Federation of Independent...
Jun 3 2004 // About 1,800 small business employers across Kansas recently received a survey in the mail that could help policymakers find ways to make health insurance more accessible and affordable, according to a statement released by...
Jun 3 2004 // The fourth consecutive Maryland Workplace Safety Week, proclaimed official by the Governor’s office in 2001, begins June 13.The Injured Workers’ Insurance Fund (IWIF) sponsors Maryland Workplace Safety Week...
Jun 2 2004 // An Ohio Supreme Court case against a company involved in workers’ compensation hearings could alter the way claims are handled, observers say.“This is a lot bigger than the case it revolves around,” said...
Jun 2 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against four state employers whose accounts with the Commission are reportedly in default.Injunctions were filed in Kanawha County...