Latest Commercial Lines Headlines

All the headlines from our Commercial Lines Topic Page, ordered by recency.

Penn National Hires New Commercial Lines Territory Manager for N.J.

Jul 21 2003 // Penn National Insurance recently hired Bryce Goodwin as its new commercial lines territory manager in northern New Jersey.“Bryce brings more than 25 years of industry expertise and multi-line knowledge to Penn...

Fla. Dept. Releases Stats on Types, Classes of State Workplace Injuries and Illnesses

Jul 18 2003 // Following a March 2003 announcement on the number of workplace injuries and illnesses that occurred in 2001, the Florida Department of Financial Services released additional statistics this week which further describe...

Zurich North America Unveils FinanceSuite Product Line for Small Business Customers

Jul 18 2003 // Zurich North America announced the launch of the FinanceSuite(tm) product on the Business Finance Center website.The Business Finance Center is an online commercial lending marketplace where the Zurich network of...

CenCal Insurance Services Forms New Commercial/Specialty Products Division

Jul 8 2003 // California-based CenCal Insurance Services, known for expertise in non-standard automobile products and services, is expanding operations to include commercial programs and specialty products for business and property...

EICN, A Mutual Company, and Fremont Employers Insurance Co. Note Q1 Results

Jul 8 2003 // Employers Insurance Company of Nevada, A Mutual Company (“EICN”) and its wholly owned subsidiary Fremont Employers Insurance Company (“FEIC”) (collectively the “Company”), a provider of...

CONNING: AUTOMATIC COMMERCIAL UNDERWRITING NOT AUTOMATICALLY PROFITABLE

Jul 7 2003 // The commercial property/casualty industry is on the threshold of an “adapt or perish” decision when it comes to underwriting automation, according to a study from Conning Research & Consulting Inc. The...

CSC Unveils Software for Small- to Mid-Sized P/C Insurers

Jul 2 2003 // Computer Sciences Corporation has introduced POINT IN, insurance administration software CSC designed for small- to mid-sized property and casualty (P/C) insurers and managing general agents. POINT IN, which is a new...

HCC to Acquire Two La. Commercial Marine Underwriters

Jul 1 2003 // Houston-based HCC Insurance Holdings Inc. has reached an agreement to acquire Covenant Underwriters Ltd. and Continental Underwriters Ltd., both headquartered in Covington, La. Terms of the transaction were not disclosed,...

Best Downgrades Employers Re

Jun 30 2003 // A.M. Best Co. has downgraded the financial strength ratings to “A” (Excellent) from “A+” (Superior) of Overland Park, Kan.-based Employers Reinsurance Corp. and its affiliated domestic and...

Employers Ins. Co. of Nevada Receives Best ‘A-‘ Rating

Jun 24 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has received an “A- (Excellent)” rating from A.M. Best Company.“Today is an historic day in the continuing evolution of...

S&P: Commercial Lines Outlook Still Negative

Jun 23 2003 // NEW YORK – Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a Managing...

Commercial Automobile

Jun 23 2003 // Nuts & Bolts: Builders & Tradesmen’s Insurance Services is offering a program for commercial auto. The program is designed for up to four vehicles and up to 10 drivers. The program will allow vehicles with...

S&P: Commercial Lines Outlook Still Negative

Jun 23 2003 // Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a managing director at...

XL Wins International Film and Video Festival Award for Commercial

Jun 20 2003 // AFLAC’s duck may have some competition from Bermuda’s XL Capital Ltd. The company announced that its current television campaign has won international recognition in the US business film and video advertising...

Cos. Receive L.A. Chapter of CPCU Employer Excellence Award

Jun 13 2003 // On Tuesday, June 10, four prominent insurance companies, Allianz Insurance Company, Deans and Homer, Farmers Insurance Group and Marsh Inc. received the prestigious Employer Excellence Award from the Los Angeles Chapter of...

Conning Says Automating Commercial Underwriting Not Automatically Profitable

Jun 12 2003 // The commercial property/casualty industry is on the threshold of an “adapt or perish” decision when it comes to underwriting automation, according to a study from Conning Research & Consulting, Inc.The...

Study: Commercial Insurance Reserves Deficient by $13-$20 Billion

Jun 11 2003 // The commercial insurance industry’s reserves from 1997 to 2001 are deficient by $13 billion to $20 billion, according to a study released by the investment banking firm Cochran, Caronia & Co.The deficiency...

Hartford Survey Says With More at Stake, Small Businesses are Least Ready for Natural Disaster

Jun 6 2003 // Although they have the most at stake, small businesses are less prepared than larger companies to withstand a natural disaster, according to a recent national survey of small and mid-sized businesses by The Hartford...

Fremont Employers Ins. Co. Unaffected by CDI’s Conservancy of Fremont Indemnity

Jun 5 2003 // Employers Insurance Company of Nevada (EICN) announced that its wholly-owned subsidiary, Fremont Employers Insurance Company (FEIC) is unaffected by the California Department of Insurance (DOI) decision to take into...

Fremont Employers Ins. Co. Unaffected by CDI’s Conservancy of Fremont Indemnity

Jun 4 2003 // Employers Insurance Company of Nevada (EICN) announced that its wholly-owned subsidiary, Fremont Employers Insurance Company (FEIC) is unaffected by the California Department of Insurance (DOI) decision to take into...