Commercial Lines
House Opposes Boost in Truckers’ Minimum Insurance Limits
The House of Representatives voted narrowly this week voted to block the federal government from raising the minimum liability insurance limits for truckers as recommended recently by the regulatory ...
Top 10 Commercial Auto Insurers: Five-Year Underwriting Performance 2009-2013
A review of statutory underwriting results for the top 10 writers of commercial auto insurance reveals that those with the highest growth rates over the last five years also had the best combined ...
Commercial Auto Insurers Still Struggling
Underwriting results in most commercial lines insurance segments have noticeably improved over the last two years. However, commercial automobile insurers continue to struggle as this industry ...
Leaders in Worker Payroll Hikes: Temps, Truckers in Top Ranks
If you hope to get a raise that finally feels like one, it helps to work in the right industry. Historically, at this stage in the economy's recovery, pay would be rising in most sectors. But five ...
House TRIA Draft Boosts Event Trigger, Deductibles; Formal Intro Likely This Week
The formal introduction and markup of proposed House legislation to renew the Terrorism Risk Insurance Act (TRIA) is expected the week of June 16, giving the industry hope something will move toward ...
California Regulators Want Insurers to Speed Up Ridesharing Policies
The California Public Utilities Commission wants the insurance industry to get off its duff and start creating some products to offer ridesharing drivers. A proposal issued by CPUC on Tuesday further ...
Texas Moves Forward in Becoming an NCCI State
In late March 2014, Texas Insurance Commissioner Julia Rathgeber approved a staff petition to adopt the National Council on Compensation Insurance (NCCI) Basic Manual, with Texas exceptions, as well ...
Industry Loss Reserve Redundancy Disappearing: Aon Benfield Analysis
According to an analysis published by Aon Benfield, loss reserves held by U.S. property/casualty insurers for commercial lines are deficient by $2.8 billion, with workers compensation coming in ...