Commercial general liability insurance

Distinguished Programs Introduces New $15M Limit Option in Express Hotel Umbrella Program

Retrieved on: 
Tuesday, September 13, 2022
Umbrella, Online, Time, Real estate, Convention on Limitation of Liability for Maritime Claims, Abuse, Senior, Commercial general liability insurance, Growth, Program, National Communication Association, Distinguishing, Mistreatment (film), Liability, Insurance, Restaurant, Legionella

NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Distinguished Programs ("Distinguished"), a national insurance program manager, today officially announces the addition of a $15M limit option to its Express Hotel Umbrella insurance program. The program offers broad coverages including General Liability, Liquor Liability and Auto Liability with limits up to $105M. This program caters to well-maintained select-service and midscale hotels.

Key Points: 
  • NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Distinguished Programs ("Distinguished"), a national insurance program manager,today officially announces the addition of a $15M limit option to its Express Hotel Umbrella insurance program.
  • The Distinguished Express Hotel Umbrella program is available nationwide and backed by all admitted A-rated carriers.
  • "Our Express Hotel Umbrella boasts limits up to $105M and we can offer more through our high-limit Hotel Umbrella insurance product (up to $170M)."
  • Brokers can submit business for the Express Hotel Umbrella program by visiting the Distinguished website.

Everspan Partners with Centrex Underwriters on Hospitality-Focused Liability Programs

Retrieved on: 
Monday, September 12, 2022
Insurance, Professional Services, Group, NYSE, Knowledge, Centrex, Senior, Commercial general liability insurance, Partnership, Industry, Program, AM Best, District, Insurance, Ambac, Golf

Everspan Group, Rated A- (Excellent) by AM Best, today announced it has launched a program partnership with Centrex Underwriters, Inc., a managing general agency specializing in liquor liability and general liability insurance for the hospitality industry.

Key Points: 
  • Everspan Group, Rated A- (Excellent) by AM Best, today announced it has launched a program partnership with Centrex Underwriters, Inc., a managing general agency specializing in liquor liability and general liability insurance for the hospitality industry.
  • Everspan is excited to diversify into this sector and thrilled to partner with an underwriter as experienced as Centrex.
  • Centrex has been providing liquor liability insurance coverage since 1988, making it one of the longest-running hospitality programs.
  • In 2012, it began writing a general liability line of business to complement the ongoing liquor liability line of business.

Ivans Index August 2022 Results Released

Retrieved on: 
Thursday, September 8, 2022
Umbrella, MGA, Appetite, Commercial general liability insurance, Commercial property, Padmakar–Ivan index, Technology, Ivane Machavariani, GLOBE, Industry, Policy, Commercial, BOP, Insurance

UNIVERSITY PARK, Ill., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Ivans today announced the August 2022 results of the Ivans Index, the insurance industrys premium renewal rate index.

Key Points: 
  • UNIVERSITY PARK, Ill., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Ivans today announced the August 2022 results of the Ivans Index, the insurance industrys premium renewal rate index.
  • Premium renewal rate change by line of business for August 2022 highlights include:
    Commercial Auto: 4.87%, up from 4.76% last month.
  • Released monthly, Ivans Index is a data-driven report of current conditions and trends for premium rate renewal change of the most placed commercial lines of business in the insurance industry.
  • Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy.

Lexington Insurance Launches Middle Market Casualty Group, Expanding Coverage to Small-to-Medium Size Commercial Enterprises

Retrieved on: 
Thursday, September 8, 2022
Professional Services, Insurance, Finance, American International Group, Insurance, Commercial general liability insurance, International Group, Paul McLaughlin, Policy, Senior, SME, Multimedia, New, Retirement, AIG, Language, Garage, Timeline of Apple Inc. products, American, Life, Lexington Insurance Company, Private sector, Financial services

Lexington Insurance Company, an American International Group, Inc. (AIG) company, today announced the launch of the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to small-to-medium-sized commercial enterprises, substantially expanding the companys market reach beyond upper middle-market and large enterprises.

Key Points: 
  • Lexington Insurance Company, an American International Group, Inc. (AIG) company, today announced the launch of the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to small-to-medium-sized commercial enterprises, substantially expanding the companys market reach beyond upper middle-market and large enterprises.
  • The group will provide coverage to classes of business in construction, manufacturing, and the commercial, service, retail, and real estate industries.
  • The launch of Lexingtons Middle Market Casualty team is an important next step in expanding our presence in the SME space as part of our overall Middle Market strategy, said Lou Levinson, President and Chief Executive Officer, Lexington Insurance Company.
  • The opportunity for smaller enterprises to access Lexingtons expertise and capacity has been a welcomed development for the market.

C&S Specialty Underwriters, LLC Announces New Program Partnership with CUMIS Specialty Insurance Company, Inc.

Retrieved on: 
Thursday, September 1, 2022
Other Professional Services, Professional Services, Insurance, Finance, Partnership, Commercial general liability insurance, College of Healthcare Information Management Executives, Program, Commercial, CUNA Mutual Group, LLC, C&S, Knowledge, CSIC, Reinsurance, Insurance

C&S Specialty Underwriters, LLC (C&S) announced today that it has entered into a Program Administration Agreement with CUMIS Specialty Insurance Company, Inc. (CSIC) to underwrite Commercial General Liability insurance for specialty construction risks.

Key Points: 
  • C&S Specialty Underwriters, LLC (C&S) announced today that it has entered into a Program Administration Agreement with CUMIS Specialty Insurance Company, Inc. (CSIC) to underwrite Commercial General Liability insurance for specialty construction risks.
  • Commenting on the announcement for C&S, Preston Starr, Managing Executive, said: We are excited about our new partnership with the CUNA Mutual Group, which strengthens our long-term commitment to the specialty construction market.
  • The program with CUMIS Specialty Insurance Company expands our construction capabilities throughout the U.S., including for West Coast contractors.
  • Insurance products are underwritten by CUMIS Specialty Insurance Company, Inc., a member of the CUNA Mutual Group.

BTIS Announces Partnership with Kamillio on Direct-to-Consumer Insurance Technology

Retrieved on: 
Tuesday, August 23, 2022
Partnership, Commercial general liability insurance, Technology, Insurance, General officer, Multimedia, Small business, Interview, IntelliQuote Insurance Services, Communication, Automation, Industry, Online shopping

ROCKLIN, Calif., Aug. 23, 2022 /PRNewswire/ -- Builders & Tradesmen's Insurance Services, Inc. (BTIS), an insurance intermediary focused on serving small businesses with end-to-end insurance solutions, is pleased to announce a partnership with Ontario-based insurtech platform Kamillio.

Key Points: 
  • The collaboration will expand Kamillio's Canadian insurtech platform into the U.S. market
    ROCKLIN, Calif., Aug. 23, 2022 /PRNewswire/ -- Builders & Tradesmen's Insurance Services, Inc. (BTIS), an insurance intermediary focused on serving small businesses with end-to-end insurance solutions, is pleased to announce a partnership with Ontario-based insurtech platform Kamillio.
  • The uniquely intelligent Kamillio platform offers a new perspective on the insurance buying system, acting as a storefront that agents can use to deliver a modern customer experience.
  • "Our collaboration of technology is going to revolutionize the industry by transacting end-to-end business in a single experience, opposed to multiple inefficient systems."
  • BTIS is an industry leader of innovative solutions for small and medium sized commercial insurance products.

CORRECTION: Universal Casualty Launches Independent Auto-Dealers Partnership With NIADA

Retrieved on: 
Monday, August 22, 2022
Partnership, Commercial general liability insurance, Commercial property, CEO, Financial compensation, Insurance, Solution, Policy, National Independent Automobile Dealers Association, Business owner's policy, Association, GLOBE, Risk retention group

The partnership is 100% dedicated to the owners of independent auto shops--with tailored solutions that have zero hassles. By removing the broker, specializing our service, and partnering with a sizable organization like NIADA, Universal Causality has reduced premium costs with increased customer service capabilities for independent auto dealers through this bulk offering.  

Key Points: 
  • JERICHO, N.Y., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Universal Casualty is proud to announce its partnership with NIADA ; theNational Independent Automobile Dealers Association.
  • By partnering with Universal Causality, an insurance company that specializes in serving independent auto dealers, NIADA members are now eligible for exclusive market premiums.
  • Tim Derham , CEO of Universal Casualty, is thrilled with the opportunity to work with NIADA, stating, "We look forward to savings NIADA members lots of money and understanding their very specific coverage needs."
  • Gary Bolan , Chief Underwriting officer at Universal Casualty, adds: "The partnership is symbiotic of our organization's mutual goals."

Universal Casualty Launches Auto-Shops Partnership With NYIADA

Retrieved on: 
Thursday, August 18, 2022
Association, CEO, GLOBE, Commercial property, Policy, Commercial general liability insurance, Financial compensation, Partnership, Tuffy Auto Service Centers, Risk retention group, Insurance, Solution, Business owner's policy

The partnership is 100% dedicated to the owners of independent auto shops--with tailored solutions that have zero hassles. By removing the broker, specializing our service, and partnering with a sizable organization like NYIADA, Universal Causality has reduced premium costs with increased customer service capabilities for independent auto dealers through this bulk offering.  

Key Points: 
  • JERICHO, N.Y., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Universal Casualty is proud to announce its partnership with NYIADA ; theNew York Independent Automobile Dealers Association.
  • Tim Derham , CEO of Universal Casualty is thrilled with the opportunity to work with NYIADA, stating, "We look forward to savings NYIADA members lots of money and understanding their very specific coverage needs."
  • Gary Bolan , Chief Underwriting officer at Universal Casualty, adds: "The partnership is symbiotic of our organization's mutual goals."
  • Paula Frendel , Executive Director at NYIADA, added on that she "is elated to extend our partnership nationwide to serve members' insurance needs at NYIADA."

The Hartford Launches New Property Choice® And Enhanced General Liability Choice® Product Offerings

Retrieved on: 
Monday, August 15, 2022
Professional Services, Insurance, Human Resources, Sentinel, Securities & Exchange Commission of Pakistan, Property, Industry, NYSE, Private Securities Litigation Reform Act, Security (finance), Annual report, Commercial general liability insurance, Twitter, The Hartford, U.S. Securities and Exchange Commission, Trust, Social media, Insurance, National Indemnity Company, Facebook

The Hartford is launching enhanced versions of its proprietary Property Choice and General Liability Choice products to further serve the needs of its business customers across a broad range of industries and account sizes.

Key Points: 
  • The Hartford is launching enhanced versions of its proprietary Property Choice and General Liability Choice products to further serve the needs of its business customers across a broad range of industries and account sizes.
  • Customizable coverage is now easier than ever with our enhanced Property Choice and General Liability Choice products.
  • The enhanced General Liability Choice product provides built-in coverages that incorporate many enhancements competitors only provide via industry endorsements such as incidental medical malpractice, waiver of subrogation, and unintentional failure to disclose.
  • In Arizona, California, New Hampshire, Texas and Washington the insurance may be underwritten by Hartford Accident and Indemnity Company, Hartford Fire Insurance Company, Hartford Casualty Insurance Company, Hartford Lloyds Insurance Company, Hartford Insurance Company of the Midwest, Navigators Insurance Company, Navigators Specialty Insurance Company, Maxum Casualty Insurance Company, Maxum Indemnity Company, Trumbull Insurance Company, Twin City Fire Insurance Company, Hartford Underwriters Insurance Company, Property and Casualty Insurance Company of Hartford and Sentinel Insurance Company, Ltd.

Ivans Index July 2022 Results Released

Retrieved on: 
Tuesday, August 9, 2022
Umbrella, Industry, GLOBE, Technology, Commercial property, Policy, Business, Ivane Machavariani, Commercial general liability insurance, Appetite, Insurance, Padmakar–Ivan index, MGA, BOP

UNIVERSITY PARK, Ill., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Ivans today announced the July 2022 results of the Ivans Index, the insurance industrys premium renewal rate index.

Key Points: 
  • UNIVERSITY PARK, Ill., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Ivans today announced the July 2022 results of the Ivans Index, the insurance industrys premium renewal rate index.
  • Premium renewal rate change by line of business for July 2022 highlights include:
    Commercial Auto: 4.76%, down from 4.92% last month.
  • Released monthly, Ivans Index is a data-driven report of current conditions and trends for premium rate renewal change of the most placed commercial lines of business in the insurance industry.
  • Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy.