Latest Commercial Lines Headlines

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

Employers Re Corp. Affirmed

Mar 24 2003 // S&P’s affirmed its “AA-” counterparty credit and financial strength ratings on Employers Reinsurance Corp. (www.ge.com) and its wholly owned subsidiaries. Also affirmed were the “A”...

InsuranceNoodle Appointed to Distribute Safeco Small-Business Insurance to More than 3,600 Small-Commercial Agents

Mar 24 2003 // InsuranceNoodle has signed an agreement with Safeco Insurance Corp. to distribute its small-commercial insurance products to more than 3,600 independent commercial agencies using the InsuranceNoodle platform. “By...

Insurity Offers Terrorism Coverage Support; Enhancement to Commercial Intellisys(R) Policy Administration System

Mar 14 2003 // Insurity Inc., a ChoicePoint® company, announced that its policy administration platform now provides broad support for the Terrorism Risk Insurance Act of 2002 mandates. Insurity has taken a multi-phase approach for...

The Hartford Able to Handle Commercial Lines Scheduled Items in AMS-Generated Excel Stream

Mar 14 2003 // The Hartford Financial Services Group has sped up the process for AMS systems users to handle large amounts of schedule data as part of the application and rating process for middle market business.A provider in using...

2001 Numbers Show Decrease in Fla. Workplace Injuries, Illnesses

Mar 11 2003 // Private sector workplace injuries and illnesses in Florida decreased slightly in 2001, down 800 from 288,200 in 2000, according to the Florida Department of Financial Services (FDFS).This statistic, among others, is the...

St. Paul Expands Into Small Business Insurance

Mar 7 2003 // The St. Paul Cos. has unveiled a new platform aimed at growing the company’s business with small commercial enterprises. Features of the new approach include a state-of-the-art underwriting technology, enhanced...

Celina Adds Online Quoting for Commercial Lines

Mar 6 2003 // Ohio-based Celina Insurance Group has contracted with a software provider to offer agents instant online rating for commercial lines products.The Internet-based quoting service provided by Rackley Systems Inc. has been...

S&P’s Affirms Employers Re Corp. Ratings, Off Watch; Outlook Negative

Feb 18 2003 // Standard & Poor’s has affirmed its ‘AA-‘ counterparty credit and financial strength ratings on Employers Reinsurance Corp. (www.ge.com) and its wholly owned subsidiaries.Standard & Poor’s...

Commercial Lines Auto: A Sleeping Giant Awakens

Feb 10 2003 // The commercial lines auto market used to be a steady line of business, stirred up occasionally by a Department of Transportation regulatory change or fallout from personal auto regulatory issues. Like other lines, it was...

Commercial Lines Auto: A Sleeping Giant Awakens

Feb 10 2003 // The commercial lines auto market used to be a steady line of business, stirred up occasionally by a Department of Transportation regulatory change or fallout from personal auto regulatory issues. Like other lines, it was...

PIA National, Zurich North America Small Business Note National CSR of the Year Award

Feb 4 2003 // The National Association of Professional Insurance Agents (PIA National) is joining with Zurich North America Small Business to honor an outstanding customer service representative (CSR) who works for a member of the...

A.M. Best Affirms Ratings for AIG’s Domestic Commercial P/C Companies

Feb 4 2003 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) relating to the American International Group (AIG) (New York), which comprises the domestic commercial property/casualty companies.The rating...

Wash. Workplace Injuries Down in 2001

Jan 27 2003 // Washington’s job sites were safer in 2001, continuing a trend that began nearly a decade ago, according to survey results released by the Department of Labor and Industries.The survey showed that 7.6 out of every 100...

ROUGH ROAD FOR COMMERCIAL LINES

Jan 27 2003 // Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property and casualty industry faces greater uncertainty than personal lines, according to a new report published by the ratings...

Zurich North America Small Business Forms Partnership with Foremost Co.

Jan 22 2003 // As part of its strategy to provide independent agents with easy access to high-quality products and services through the internet, Zurich North America Small Business announced the formation of a cross-selling alliance...

The Hartford’s “Complex Claim Advice” Offers Help to Self-Insured Employers

Jan 22 2003 // The Hartford Financial Services Group announced that it’s now offering a program called “Complex Claim Advice,” to employers who self-insure their short-term disability plans and face “a growing...

Hawaii Employers Mutual Signs with Connective Technologies

Jan 16 2003 // Connective Technologies Inc. announced that they had entered into a contract with Hawaii Employers Mutual Insurance Company (HEMIC) to provide real-time upload from the AMS family of agency management systems. The TEAM-UP...

PartnerRe Appoints Jean-Marie Nessi Head of Non-U.S. Global P/C Business Unit

Jan 15 2003 // Bermuda-based PartnerRe Ltd. announced that Mr. Jean-Marie Nessi has been appointed Head of the Property & Casualty business unit for PartnerRe Global. He will report to Bruno Meyenhofer, CEO of PartnerRe Global.Nessi...

Fitch Says Personal Lines will Fare Better than Commercial

Jan 15 2003 // Highlighting the questions on profitability and reserves, Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property/casualty industry faces greater uncertainty than personal lines,...

GE Commercial Realigns Pair of its Businesses

Jan 15 2003 // GE Commercial Insurance is realigning two of its businesses, Industrial Risk Insurers (IRI) and Global Asset Protection Services (GAP Services) into one major company. The integration will enable a newly expanded IRI to...