commercial lines News
Commercial Lines Propel Hartford’s Q2 Results
The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 ...
Most Commercial Lines Premiums Trended Upward in April: IVANS
Last month, major commercial lines insurance renewal premiums continued trending upward, with one exception: workers compensation. The line remains in negative territory for the year, according to ...
State Auto Names Names New Leaders for Commercial, Personal Lines Divisions
State Auto Financial Corp. named new heads of its commercial and personal lines divisions as it continues efforts to improve its financial results. Kim Garland is the new senior vice president, ...
Higher Catastrophe Losses Push Private U.S. P/C Insurers Into the Red
For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development. ...Heading into 2017, Commercial Lines Keeps its A.M. Best ‘Negative Outlook’
The commercial lines segment won't be able to shake the negative outlook A.M. Best assigned it anytime soon. The ratings agency said it will keep that assessment the same heading into 2017, because ...
Small Commercial Market Outpaces Personal Lines Growth For U.S. Mutual Insurers
For U.S. property/casualty mutual insurers, growth in the small commercial market is outpacing personal lines growth, a trend driven by carriers' desire to remain competitive, A.M. Best said in a new ...
P/C Insurers’ Underwriting Losses Worsened in H1: A.M. Best
Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half of the year, leading to an ...
CNA Plans to Eliminate Central Zone Network; Job Cuts Unclear
CNA plans to eliminate its Central zone branch network as a standalone zone and realign it into the property/casualty insurer's other remaining U.S. market territories. The Chicago-based insurer ...