CNA - restriction on BOP classes

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GrowthAgent
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Posts: 42
Joined: Thu Jun 22, 2006 2:33 pm

CNA - restriction on BOP classes

Post by GrowthAgent »

Hi. I heard this morning that CNA closed like 100 or so BOP classes to its appointed wholesale agents. Apparently CNA was losing its shirt on these classes. Has anyone heard the same? If so do you know the classes?
GrowthAgent
Insurance Journal Addict
Posts: 42
Joined: Thu Jun 22, 2006 2:33 pm

Re: CNA - restriction on BOP classes

Post by GrowthAgent »

I heard today that CNA is taking 15% increase on BOP across the board.
Stubdooo
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Joined: Fri Aug 01, 2008 11:48 am

Re: CNA - restriction on BOP classes

Post by Stubdooo »

We were told by our field rep that there will be increases on certain account. Mostly retail, mfg and service. They will be closing certain rating tiers. Right now (in NY) we can quote tiers ranging from manual, to +25% or -25%. They will be taking away the -25% and -12% tiers for certain accounts.
xss500
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Posts: 1
Joined: Fri Aug 01, 2008 10:39 pm

Re: CNA - restriction on BOP classes

Post by xss500 »

It is not good that CNA restriction has been in action due to BOP.
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xs5
Indiana Treatment Centers
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