All the headlines from our Commercial Lines Topic Page, ordered by recency.
Nov 12 2003 // Insurance Services Office, Inc. (ISO) has entered into an outsourcing agreement with Kentucky Employers Mutual Insurance (KEMI) to collect the insurer’s workers’ compensation data. ISO will collect KEMI’s...
Nov 10 2003 // While more costly for many New York businesses, commercial liability insurance is widely available throughout New York State, according to the New York Insurance Association (NYIA).Addressing a hearing before the New York...
Nov 7 2003 // Professional Insurance Agents of New York State Inc. President, T.J. Derella, CPIA, and president of Kingstar Co. of Kingston, N.Y. is scheduled to testify today on the need for the New York Property Insurance Underwriting...
Nov 6 2003 // A decision by the Ohio Supreme Court to overturn its own previous ruling on commercial auto insurance coverage has finally corrected an injustice in the legal system, according to the Alliance of American Insurers.The...
Nov 5 2003 // Commercial insurance buyers say the skyrocketing increases in costs of many insurance policies showed signs of stabilizing in the third quarter, according to the RIMS Benchmark Survey, an industry survey of market...
Nov 5 2003 // The Association for Cooperative Operations Research and Development (ACORD) and the Mortgage Bankers Association (MBA) have announced the finalization and release of ACORD Form 28, “Evidence of Commercial Property...
Nov 3 2003 // The number of workplace fatalities in California declined by 8 percent in 2002 according to the Department of Industrial Relation’s (DIR) Division of Labor Statistics and Research. The number of workers who died on...
Nov 3 2003 // Overland Park, Kan.-based carrier GE Commercial Insurance announced that a subsidiary, First Specialty Insurance Corporation (FSIC), has been upgraded by A.M. Best from “A (VII)” to “A (XV).” FSIC...
Nov 3 2003 // Nuts & Bolts: Cascade-Amstar has available a program for motor truck cargo and commercial auto physical damage. Appointed brokers have immediate access; others must call for an appointment. Market offers on hook...
Nov 3 2003 // A.M. Best has downgraded the financial strength ratings to “B+” (very good) from “B++” (very good) of Commercial Risk Reinsurance Co. Ltd., based in Bermuda, and its U.S. subsidiary in Vermont,...
Oct 31 2003 // Florida-based Southern Family Insurance Company, a member of the Poe Financial Group, announced that as of Oct. 20, it reached the $100 million mark in annualized Commercial Property premium. The total combined annualized...
Oct 31 2003 // As part of The St. Paul Companies’ continued expansion into the small business insurance marketplace, the company announced recently the opening of a Commercial Service Center for its small business customers and...
Oct 29 2003 // Superintendent of Insurance Gregory V. Serio announced that the New York State Insurance Department will hold public hearings around the state to determine whether he will require the New York Property Insurance...
Oct 24 2003 // The Seibels Bruce Group, Inc. has received approval from the Tennessee Department of Insurance allowing subsidiary Catawba Insurance Company (CIC) to resume writing new risk-bearing commercial lines business in Tennessee....
Oct 23 2003 // Missouri Gov. Bob Holden announced that the administrative tax on Missouri workers’ compensation insurance premiums will drop 50 percent in 2004, saving employers more than $12 million. The administrative tax will...
Oct 20 2003 // Nuts & Bolts: Cascade/Amstar has available a market for small business owners policy. Endorsements—Many extensions of coverage including business income on an actual loss sustained, accounts receivable, valuable...
Oct 17 2003 // Volunteers from GE Commercial Insurance will make the world a little safer for children on Wednesday, October 22. That’s when a Project Safeguard safety retrofit will be held at The Parkway Community House (500 E....
Oct 16 2003 // Advisen, Ltd., a provider of information, analytics and benchmarking for the commercial insurance industry, recently introduced Version 2.0 of its information platform for insurance professionals.The New York-based...
Oct 15 2003 // Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced that Norman H. Jones has been named to the position of vice president, Commercial Hull & Marine Liabilities, beginning October...
Oct 10 2003 // In a major enhancement to its point-of-sale automation, Seattle-based Safeco has unveiled plans for a single, unified web-based technology platform that will reportedly make it faster and easier for independent...