business owners policy News

Admitted Carriers, CanaBOP Coming to California’s Cannabis Industry

The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …

Chubb Expands BOP Coverage to Small Technology Firms

Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry with specialized insurance features and benefits for risks faced by small businesses in the technology segment. Chubb BOP for the technology industry includes more than 80 property …

The Hanover Expands BOP for Small Businesses, Increases Coverage Limits

The Hanover Insurance Group demonstrates further commitment to supporting small businesses with significant enhancements to its business owner’s policy (BOP) base form and product offerings, adding coverages and endorsements, introducing equipment breakdown protection, and increasing limits. The company has expanded …

Chubb Rolls Out New Business Owner’s Policy for Small Business

Chubb is rolling out a new business owner’s policy, Chubb BOP. Crafted for small businesses, Chubb BOP incorporates protection for property and liability exposures, a supporting umbrella liability product, and the option to add workers’ compensation, commercial auto, and management …

Millers Mutual Launches New BOP Program

Millers Mutual, a commercial property and casualty insurer serving Pennsylvania, D.C., Delaware, Maryland, Virginia and Ohio, launched a new business owners policy (BOP) – BOPprime. Millers Mutual BOPprime features four tiers and a suite of enhancements designed for residential real …

Dovetail Insurance Expands MetLife BOP Product to Five More States

Dovetail Insurance has expanded its MetLife Auto & Home Business Owners Policy (BOP) offering to five additional states through its NetBOP Insurance Portal. The MetLife Auto & Home BOP coverage was recently launched in Colorado, Nebraska and New Mexico, and …

Dovetail Insurance Expands MetLife BOP Product to 7 Additional States

Dovetail Insurance, a supplier of cloud-based insurance, is teaming up with MetLife Auto and Home to expand distribution of its MetLife Business Owners Policy (BOP) offering to seven additional states through its NetBOP Insurance Portal. Initially released in five states …

Acadia Insurance Launches Small Business Product in Maine, New Hampshire

Acadia Insurance, a W. R. Berkley Co., has launched a new insurance policy for small businesses in Maine and New Hampshire called AcadiaAdvantage. The product is expected to be available in additional states this fall. AcadiaAdvantage combines features of a …

Berkshire Hathaway GUARD Adds BOP Product in Illinois

Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois. The company already has an established presence in the state with workers’ compensation premium totaling about $10.5 million …

FirstComp Launches Small Business BOP Product in Hawaii

FirstComp, a division of Markel Service, Inc., has launched a new small business owner policy, FirstComp EssentialBOP, for FirstComp-appointed independent agents writing business in Hawaii. The BOP product is also available in Arkansas, California, Michigan, Nebraska, North Carolina, Pennsylvania, Tennessee, …