Commercial Insurance

May 28, 2012 (Fast Lane via COMTEX) -- Below are the three companies in the Property & Casualty Insurance industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business ...  

This week in the print edition, the Business Courier ranks the Top 25 Largest Tri-State Property and Casualty Insurance Agencies. The agencies are ranked by 2011 property and casualty commission and fee revenue. Click on the image to the right for a slideshow of the Top 5 property and casualty insurance agencies on the list. We start the countdown with a tie for No. 4, Wells Fargo Insurance Services USA Inc. For the full list of the Tri...  

Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent …  

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of Pacific Indemnity Insurance Company (Pacific Indemnity) (Guam). The outlook for both ratings has been revised to stable from positive. The rating upgrades reflect Pacific Indemnity’s continued profitable underwriting performance, with favorable trends in surplus appreciation...  

Berkley Syndicate Management Limited to act as a Lloyd’s managing agent ... lines writers in the United States and operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance ...  

Emphasis is on speed with straight through processing, web quote and submission, and built-in work management. By providing business intelligence, predictive analytics, and rules engine, software helps ... of its proven property and casualty (P) core ...  

Generating $2.1 billion in Arizona premiums in 2011, Marsh and McClennan Cos. of Phoenix topped the Insurance Brokers list in the print issue of the Phoenix Business Journal that appeared on newsstands today. The list ranks brokers by 2011 Arizona premiums. The information for the list came from surveys filled out by company representatives. Click the image above to launch a slide show of the Top 5 insurance brokers in the Phoenix area. In...  

This week, the Pittsburgh Business Times ranked the largest Pittsburgh-area commercial insurance brokers. Coming in at No. 7 on the list was The HDH Group Inc., with 72 local employees. For a sneak peek at the rest of the Top 7, click here. The complete list of the largest Pittsburgh-area commercial insurance brokers is available to subscribers via the digital edition or on Page 18 of this week's print edition of the Business Times. Want...  

December 4, 2006 - Built to integrate and automate insurance processes using eMerge(TM) business rules technology, Sapiens INSIGHT(TM) for Billing enables users to adapt to changing business conditions and deploy billing related initiatives. Supporting P ...  

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of GHS Property and Casualty Insurance Company (GHS) (Oklahoma City, OK). The stable outlook reflects the recent explicit financial support GHS has received from its parent, Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC) (which operates...  

Pricing for commercial property/casualty insurance accounts increased an average of 4.4% during the first quarter this year compared with the same period last year, according to a survey released Tuesday by the Council of Insurance Agents & Brokers.  

Categories: InsuranceTags: business insurance, employers liability insurance, public liability insuranceOf the types of insurance you may take out when running a business, Employers’ Liability Insurance is the one type of cover that is mandatory for most firms. However, there are exceptions. Is your business obliged to have EL cover in place? As the name would suggest, this type of insurance will cover your business [...]Employers liability...  

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings of “a-” of Employers Mutual Casualty Company (EMCC) and its six property/casualty subsidiaries, which operate under an inter-company pooling agreement led by EMCC and its separately rated subsidiary, EMC Reinsurance Company (EMC Re), a reinsurance company owned indirectly by EMCC. Concurrently, A.M. Best...  

CHICAGO--(BUSINESS WIRE)--Fitch Ratings today released a Special Report that details its examination of U.S. property-casualty companies' financial leverage and debt-servicing capacity. In this report, Fitch analyzes key holding company financial factors of property/casualty insurance organizations, examining changes in financial leverage and debt-servicing capacity for the last several years and in 2011. Fitch also evaluates insurers...  

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit ratings to “a-” from “a” of Canal Insurance Company and its wholly-owned and 100% reinsured subsidiary, Canal Indemnity Company (both are domiciled in Greenville, SC). Together, these companies are known as the Canal Group (Canal). The outlook for all ratings has been revised to stable from negative...  

FREDERICKSBURG, Va.--(BUSINESS WIRE)--GEICO has good news for business owners in Maryland: GEICO’s new rating structure on commercial auto insurance could save business owners money on their business auto insurance. “As the largest insurer of personal autos in Maryland, GEICO already has a strong presence in the state,” said John Izzo, regional vice president of GEICO’s Mid-Atlantic operations. “In 2011 we implemented a new rating structure in...  

CALGARY, Alberta--(BUSINESS WIRE)--ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD. (TSX Venture Exchange: ACL; OTCQX: ACKBF) announces the sale by its United States subsidiary Addison Bay Insurance Brokers Ltd., of the fixed assets and customers accounts of the Northern California Agency in order to focus its resources in the Company’s other existing operations. The Northern California Agency represented approximately 8% of the consolidated...  

KANSAS CITY, Mo., April 30, 2012 /PRNewswire/ -- Chief financial officers, risk managers, and other commercial insurance decision makers face a tougher pricing environment in the coming months in the property and casualty insurance market, according to the latest Lockton Market...  

LONDON--(BUSINESS WIRE)--ACE Group today announced two promotions within its UK and Ireland region as it continues to strengthen its management and underwriting team. Mike Reid, Casualty Manager, Major Risks, has been promoted to the position of Casualty Product Line Manager, UK and Ireland. He will have responsibility for all aspects of the region’s casualty insurance business lines, including setting strategy and direction and ensuring...  

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: U.S. Insurance Broker Industry Sector Credit Factorshttp://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=677409 Fitch Ratings has issued a sector-specific special report describing the credit factors the agency uses to analyze the U.S. Insurance Broker sector. These sector-specific credit factors supplement the master criteria 'Corporate Rating Methodology', dated Aug...  

AUSTIN, Texas, April 24, 2012 /PRNewswire/ -- 4Sight Business Intelligence, Inc., a leading provider of off-the-shelf property & casualty specific business intelligence products, announced that Falcon Insurance has chosen the 4Sight Business Intelligence for Property...  

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software Inc. (NYSE: GWRE), a provider of core system software to Property/Casualty (general) insurers, today announced that SBI Insurance is implementing Guidewire InsuranceSuite™ as its new core systems which will support the expansion of new, high-quality services. This marks the first implementation of Guidewire InsuranceSuite by a Japanese Property/Casualty insurer. SBI Insurance has launched...  

National Insurance Brokers is one of the most popular providers of affordable health insurances.Maricopa, AZ -- (SBWIRE) -- 04/17/2012 -- National Insurance Brokers provides affordable health insurances for small business owners and to individual people who are searching for health insurances. They provide instant health insurance quote providing a faster service to people and small businesses. National Insurance Brokers is one of the most...  

National Financial Partners Corp. subsidiary, NFP Property and Casualty Services Inc. (NFP P&C), acquired Illinois-based Ameribonds Surety & Insurance Services (Ameribonds Surety), effective April 2, 2012, the company announced. Ameribonds Surety is a surety and insurance services business headquartered in …  

Swindon insurance broker Bluefin has achieved the ‘Investor in Customers ... The award recognises organisations that put the customer at the heart of the business and is the main driver for their processes, innovations and profitability.  

Chief Executive Michael Diekmann told shareholders Wednesday. The insurer is mainly taking a look at potential targets in Europe that would support the property and casualty insurance business. And it will continue to scan Asia and central and ...  

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of GHS Property and Casualty Insurance Company (GHS) (Oklahoma ...  

In this role, Mr. Homan will be responsible for the company's commercial liability insurance business in 50 countries throughout Asia, Latin America, Europe, the Middle East and Africa. He will continue to be based in London and will report to David Furby ...  

Nationwide, a mutual insurance company, is a leading provider of personal and commercial property & casualty insurance and long-term retirement savings products. The company paid out a total of 2.9 billion Dollars in property & casualty claims, life ...  

Cincinnati Financial Corporation, through its subsidiaries, operates in the property casualty insurance business in the United States. It operates in four segments: Commercial Lines Property Casualty Insurance, Personal Lines Property Casualty Insurance ...  

In this case, the managing agent for the landlord sent a Notice of Breach of Covenant to ... the Court found that a failure to pay rent and maintain public liability insurance was not deemed to be a repudiation of the lease. In this case where there ...  

Why do I Require a Community Liability Insurance? Necessity of general public liability insurance coverage can be understood by the truth that no one can run a business that has no risk at all. You can not find the money for to disregard the ...  

KANSAS CITY, Mo. & SAN MATEO, Calif., May 10, 2012 (BUSINESS WIRE) -- Rockhill Insurance Group (Rockhill), a writer of specialty commercial property/casualty insurance, and Guidewire Software, Inc. (NYSE:GWRE) a provider of core system software ...  

CNA Commerical Property and Casualty and Infinity Auto Insurance. BMCC will write auto, motorcycle and RV insurance through GMAC. Infinity Insurance will provide both personal and commercial auto insurance. Infinity Insurance also offers policies for ...  

The composite rate for commercial property/casualty and professional lines coverage increased an average of 3% in April 2012 compared with the same month a year ago, MarketScout said Friday.  

CNA Commerical Property and Casualty and Infinity Auto Insurance. BMCC will write auto, motorcycle and RV insurance through GMAC. Infinity Insurance will provide both personal and commercial auto insurance. Infinity Insurance also offers policies for ...  

This included consideration of the purpose behind the Employers' Liability (Compulsory insurance) Act which, since 1972, has made it compulsory for UK businesses to have EL insurance covering them against liability for injuries or disease sustained by ...  

Commercial insurance buyers can expect to pay more for certain types of coverage this year, according to separate reports released last week. An analysis by London-based Willis Group Holdings P.L.C. found property/casualty insurance rates ...  

Rules making companies liable for harassment of their employees by third parties is one of a number of "unnecessary" discrimination regulations that could be repealed in a drive to remove employment law related "red tape", the Government has announced.  

... structure on commercial auto insurance could save business owners money on their business auto insurance. “As the largest insurer of personal autos in Maryland, GEICO already has a strong presence in the state” “As the largest insurer of ...  

Solicitors will only take fee when action has been successful under terms of offering Oxford Insurance Brokers Ltd (OIB) has announced the launch of a new ‘bolt on’ fee recovery service as part of its professional indemnity insurance. OIB has partnered ...  

FREDERICKSBURG, Va.--(BUSINESS WIRE)-- GEICO has good news for business owners in Maryland: GEICO’s new rating structure on commercial auto insurance could save business owners money on their business auto insurance. “As the largest insurer of personal ...  

Over a thousand Irish insurance brokers are set to descend on the Dublin convention centre for a meet and greet with Lloyds underwriters. Some 200 representatives from the 324-year-old London-based insurance business will be in Dublin tomorrow ...  

PropertyCasualty360Property/casualty rates going up: Willis reportBusiness InsuranceSome lines are experiencing modest firming but there is no uniform market hardening, according to the spring update to the insurance broker's 2012 “Marketplace Realities” report. The report predicts that catastrophe-exposed accounts, which saw rates ...Property/Casualty Insurance Rates Edging Higher: WillisMarketWatch (press release)all 12 news articles »  

As a local, independent agency, RDS Insurance Brokers has the unique ability to compare and shop coverages and premiums nationwide. RDS Insurance Brokers, a locally based insurance agency in San Dimas, California, is proud to announce that ...  

commercial vehicle insurance for businesses, and classic collector insurance for individuals with classic or antique automobiles. The company’s products provide insurance coverage for liability to others for bodily injury and property damage, and for ...  

A crucial aspect to self employment is the realisation of being in a vulnerable position, which is not a pleasant experience, especially if you need a financial income for you and possibly any family to survive. There is no longer the reassurance of a weekly or monthly salary, or other benefits that accompany an employed and relatively safe person. To put it simply; you are on your own and will have to make all personal and business related...  

SINGAPORE--(BUSINESS WIRE)--ACE Insurance ... the Casualty & Energy teams throughout the Asia Pacific region to help maximize the Casualty Energy opportunities and provide specialist expertise in the segment. Shaun has held a number of underwriting ...  

The Insurance Brokers Association of New Zealand (IBANZ) has contracted business publisher Mediaweb to produce its well-regarded industry magazine CoverNote. IBANZ CEO Gary Young says there are valuable synergies for the association in working with a ...  

Commercial property/casualty insurance rates increased an average of 3% in March compared with a year earlier, MarketScout reported Thursday. According to the Dallas-based electronic insurance exchange, workers compensation and commercial ...  

Post OnlineABN Amro To Sell Commercial Insurance Broker Unit To AonWall Street JournalAMSTERDAM (Dow Jones)--Dutch lender ABN Amro Bank NV said Thursday that it has agreed to sell its commercial insurance broker operations to Aon PLC (AON) for an undisclosed sum. Aon. Another 116 FTEs will transfer to ABN AMRO Verzekeringen.ABN Amro sells insurance broker arm to AonThe Insurance Insider (subscription)Dutch Bank To Sell Corporate Insurance...  

NORTHUMBERLAND, Pa.--(BUSINESS WIRE)-- Keystone Insurers Group, one of the nation’s largest property and casualty insurance brokers, welcomes Savannah, Ga.-based agency, Bernard Williams & Company, as its first franchise partner in the state. The ...  

McGowan Program Administrators is an MGU which manages umbrella and D programs for commercial real estate, apartments, and condominiums. McGowan Companies said the deal creates a one-stop shop for its brokers to obtain insurance products for ...  

Dutch bank ABN Amro has agreed to sell its commercial broking operation to global broker Aon. The bank will also transfer its insurance operations for small- and medium-sized businesses to ABN AMRO Verzekeringen –a joint venture between ABN Amro and Delta Lloyd.  

Across the nation, people are getting ready to celebrate 60 wonderful years of our Queen on the throne. You may have seen in recent news the restrictions on jubilee street parties and the need for public liability insurance This press release has received ...  

Public liability insurance provides cover in the event that a member of the public is accidentally injured and an organisation is found liable. With most of the UK getting in the party spirit and organising events for the big day, Endsleigh is urging ...  

PR Web (press release)GEICO lowers commercial auto insurance rates in TexasInsurance Business ReviewGovernment Employees Insurance Company's (GEICO) has lowered the commercial auto insurance rates for business in Texas, US. GEICO commercial lines director Kushwant Singh said the firm is pleased to be able to offer affordable commercial auto coverage ...San Francisco Business Auto Insurance Rates Reduced at Sam and Associates ...PR Web (press...  

AUSTIN, Texas, April 24, 2012 /PRNewswire/ -- 4Sight Business Intelligence, Inc., a leading provider of off-the-shelf property & casualty specific business intelligence products, announced that Falcon Insurance has chosen the 4Sight Business ...  

Live Insurance NewsGEICO announces cheaper commercial auto insurance rates for businesses in TexasLive Insurance NewsHe added that his company is recognized for providing cheap auto insurance coverage, but that “more and more business owners in Texas are discovering how much they can save with us on commercial auto policies.” The GEICO commercial auto insurance ...and more »  

The company provides customers a full range of insurance and financial services, including auto insurance, motorcycle, boat, homeowners, pet, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds ...  

Local business web presence directory, LocalHood.ca aims to expand local search results for automobile insurance brokers. The directory is in a state of beta release and is now starting to include advertising verticals that are related to various types of ...  

Harleysville Group Inc. (Harleysville Group) is an insurance holding company, offering property and casualty insurance solutions and services to the individuals and small and mid-sized businesses across the US. The company underwrites wide range of ...  

The company has helped many local firms and individual customers with their insurance needs for many years. Towergate Insurance is a leading insurance broker with a strong presence across all parts of England. The business is also the most significant ...  

Based in London, he will report to David Robinson, Regional President, UK and Ireland. Mike joined ACE 10 years ago from a major insurance broker and has held a number of positions of increasing responsibility in casualty underwriting.  

DUBAI, United Arab Emirates, Apr 13, 2012 (BUSINESS WIRE) -- Argo Group International Holdings, Ltd. (nasdaqgs:AGII), an international underwriter of specialty insurance and reinsurance products, announced today that Nasurudeen Jameel has joined ...  

Across the nation, people are getting ready to celebrate 60 wonderful years of our Queen on the throne. You may have seen in recent news the restrictions on jubilee street parties and the need for pub...  

“The global commercial property insurance market is continuing to show signs of upwards rate trends, especially for catastrophe-exposed risks” The leading driver of change in the property market is the insured catastrophe losses experienced in ...  

Professional Indemnity Insurance is the best way for any business to obtain coverage against all possible legal claims that can be made against the business or the company by a client.  

DALLAS--(BUSINESS WIRE)--Students at Ranchview High School in ... Coverage for life, boats, homes and apartments is available through the GEICO Insurance Agency. Commercial auto insurance and personal umbrella protection are also available.  

SAN FRANCISCO--(BUSINESS WIRE)-- Castlight Health, developer of a personalized health care shopping platform, announced today that global insurance broker Willis North America, a unit of Willis Group Holdings (NYSE: WSH), will be rolling out Castlight to ...  

"The result will be a relief to thousands of disease victims and their families, as well as employers' liability policyholders," said Leon Taylor, a partner at law firm DLA Piper. The ruling from the Supreme Court will also allow sufferers whose ...  

Scottsdale, AZ, April 12, 2012 --(PR.com)-- Bridgeview Legal Funding today announced Lawsuit Loans and Pre-Settlement Cash Advances for Railroad Accident Lawsuits. New Lawsuit Loans are available for railway workers who have been injured on the job and are ...  

(BUSINESS WIRE)-- Argo Group International Holdings, Ltd. (NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products, announced today that Nasurudeen Jameel has joined Argo Re (DIFC) Ltd. in Dubai as a senior casualty ...  

"We feel we have an opportunity to keep growing, especially in Florida where the majority of our business is written," said Menendez. "All physicians are looking for ways to save on insurance costs ... group is domiciled in Nevada but has its corporate ...  

The judges decided that employers’ liability insurance was triggered the moment workers came into contact with hazardous material, rather than years later at the onset of mesothelioma ... said Leon Taylor, a lawyer at DLA Piper LLP (1191L ...  

The agency will be led by former Novae employees Jonathan Morgan, Lindsay Noble and Joanne Edgley ... It will also operate without change from Gallery One at Lloyd's. Nexus Group CEO, Colin Thompson, commented: "We are delighted to be able to announce ...  

PICC HK is principally engaged in property insurance in Hong Kong including general insurance business such as cargo insurance, travel accidental insurance ... annual review and announcement requirements and is exempt from the independent shareholders ...  

Through its subsidiaries, the company offers a wide range of insurance products such as personal automobile, classic collectors and commercial vehicles insurance. The company also holds licenses to write standard and preferred personal auto insurance such ...  

Mar 28, 2012 (Fast Lane via COMTEX) -- Below are the three companies in the Insurance Brokers industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.Marsh ...  

Erie Indemnity sells auto, home, life and business insurance in the United States ... of $74.94 and find additional resistance at the 50-day MA of $76.37. FEI Co (NASDAQ:FEIC) is a company whose shares are active, trading 2.4% lower to $47.68