Utah News

Business Moves

Liberty Mutual, Wausau Liberty Mutual Group, which sells insurance both direct and through independent agents, is discontinuing direct distribution to mid-sized businesses and now plans to distribute its commercial property/casualty insurance products in the middle market exclusively through independent agents …

Business Moves

Liberty Mutual, Wausau Liberty Mutual Group, which sells insurance both direct and through independent agents, is discontinuing direct distribution to mid-sized businesses and now plans to distribute its commercial property/casualty insurance products in the middle market exclusively through independent agents …

Liberty Mutual Drops Direct Sales to Middle Market Businesses

Puts Faith in Independent Agents Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Because it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …

Colorado Casualty Introduces Workers’ Comp in Nevada

Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced it has added workers’ compensation coverage to its commercial insurance product line in Nevada. “Bringing workers’ compensation coverage to our Nevada agents comes on the heels of a …

The Main Street America Group Introduces Main Line BOP

The Main Street America Group, a super regional property/casualty insurance carrier, announced the availability of its new Main Line business owners policy (BOP) product and Main Street Station for commercial lines quoting and policy issuance system in Arizona, Nevada, Pennsylvania …

Utah Insurance License Reinstatements Now Available Online

All insurance licensees can now reinstate a lapsed license electronically if it has been less than one year since the inactivation date, the Utah Department of Insurance announced. Resident licensees can reinstate by going to Sircon’s site at www.sircon.com/utah. Non-resident …

State Regulators Deny Life Insurers’ Bid for Looser Capital Requirements

State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes for up to $30 billion in relief. The National Association of Insurance Commissioners (NAIC), a group representing regulators in all …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …

Specter of Danger Surrounds Cell Phones in Cars

Earlier this month, lawmakers in Maine and Delaware said they would consider restrictions on drivers’ cell phone use, but a national safety group says that the only sufficient limit to guarantee safety is a complete ban on the devices for …