Latest Business Owner Policy Headlines
All the headlines from our Business Owner Policy Topic Page, ordered by recency.
The Four C’s of Risk Management for Oil and Gas Operator – Managing Contracts
Dec 4 2005 // Editor’s note: This is the second article in a series on risk management for oil and gas operators. The first article appeared in the Aug. 22, 2005, issue of Insurance Journal West region edition on page 66. In the...
The Hartford Adds Identity Recovery Coverage to Business Owners Policies
Dec 1 2005 // The Hartford Financial Services Group has announced it will offer Identity Recovery Coverage as a feature built into most of its Spectrum and Spectrum Xpand small business policies effective Jan. 1, 2006. The...
Lighthouse Adds BOP to Entertainment Program
Nov 22 2005 // Lighthouse Underwriters has added a Business Owners Policy (BOP) to its Take1 entertainment insurance program. Take1 is an all-lines package written with an AM Best “A” rated carrier and is available to...
The Four C’s of Risk Management for the Oil and Gas Operator – Contracts
Nov 21 2005 // (Editor’s note: This is the second in a series of articles on risk management for oil and gas operators. The first appeared in the Aug. 22, 2005, issue of Insurance Journal–Texas/South Central.) In the first...
The Four C’s of Risk Management for the Oil and Gas Operator – Contracts
Nov 20 2005 // In the first article of this series we discussed the importance of the retail broker reading, studying and comprehending the various contracts that control the oil and gas operator’s world. There are two areas of...
Safeco Automating Sales Process for Mid-Market Commercial
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of...
National Advantage Insurance Services Offering Preferred BOP
Oct 24 2005 // Clifford Mapes, president and CEO of National Advantage Insurance Services Inc., has announced that the company has added a new admitted Preferred BOP for small business accounts. This is an admitted program from A.M. Best...
Enhanced Spectrum BOP
Oct 3 2005 // Nuts & Bolts: The Hartford Financial Services Group Inc. introduced a series of enhancements to its Spectrum business owners policy. The new changes increase endorsement limits, add coverages and streamline the...
Business Owners Policy
Sep 5 2005 // Nuts and Bolts: Citizens and Hanover Insurance Companies have introduced a new, expanded Business Owners Policy, called Avenues Business Owners Policy (Avenues BOP), providing agents with flexible product for a wide...
Enhanced Spectrum BOP Coverages
Sep 5 2005 // Nuts & Bolts: The Hartford Financial Services Group Inc. introduced a series of enhancements to its Spectrum business owners policy. Spectrum is known for its comprehensive base policy and Stretch endorsements. The...
Citizens and Hanover Enhance BOP
Aug 15 2005 // The Citizens and Hanover Insurance Companies have introduced a new, expanded Business Owner’s Policy, called Avenues Business Owner’s Policy, or Avenues BOP, for short. Avenues BOP, the first new product...
Safeco Unveils Updated Businessowners Policy
Apr 28 2005 // Seattle-based Safeco announced the expansion of one of its commercial products, offering independent insurance distributors the opportunity to write Businessowner Policies (BOPs) for larger customers in more business...
Zurich Posts $702 Million Q1 Net
May 19 2004 // Zurich Financial Services continued its strong financial comeback with the announcement that the company’s net income in the first quarter of 2004 was $702 million, an annualized return on equity (ROE) of 16.2...
Business Owners Package
Apr 19 2004 // Nuts & Bolts: Lemac General Agency Division added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional liability. There...
Business Owners Package Program
Apr 5 2004 // Nuts & Bolts: Lemac General Agency Division in Orange, Calif. added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional...
Business Owners Package Program
Apr 5 2004 // Nuts & Bolts: Lemac General Agency Division in Orange, Calif., added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional...
Superior Access’ New Admitted Carrier Offering Mid-Market BOP
Feb 24 2004 // Richard Swoy, chairman of Irvine, Calif.-based Superior Access Insurance Services Inc., announced that SAIS added an “A (excellent)” rated admitted carriers exclusively for SAIS member agents and brokers...
Zurich Bounces Back with $2.1 Billion 2003 Net; Best Comments
Feb 20 2004 // Zurich Financial Services (ZFS) has rebounded strongly. After its disastrous $3.4 billion loss in 2002, the company reported net earnings of $2.1 billion for 2003, a return on equity of 12.5 percent. Other highlights cited...
CNA Announces New BOP Options
Jan 20 2004 // Chicago-based commercial lines insurer CNA announced the early release of its enhanced Business Account Package Policy (BAPP). Originally scheduled for release in late March, the company said in a statement that the...
Small Business BOP
Jan 12 2004 // Nuts & Bolts: Superior Access Insurance Services Inc., has a new small business BOP designed for office, retail, wholesale, service and high-tech classes of business. Businesses must have less than $5 million in...
