Commercial Lines

Citizens Property Insurance Corp. has temporarily shut down its Commercial Policy Mitigation Inspections to evaluate the process.

Citizens Property Insurance Corp. sent a letter via its Agency Direct E-Mail system stating it was suspending its commercial lines inspection program.

New Census Bureau health insurance figures suggest that the number of U.S. residents in employer-sponsored plans plunged 3.7% between 2008 and 2009.

While architects, engineers, lawyers, consultants, and other professionals are finding policies at very affordable rates, those in the financial services and real estate arenas are encountering tight capacity, exclusions, and high prices.

A report that Florida's catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state's insurance department.

The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

A recent survey by the Reinsurance Association of America (RAA) showed negative movement across two critical indicators within the reinsurance marketplace.

E&S has historically been able to move independently from other financial service sectors. A downturn in the economy often has led to strengthened pricing as insurers tightened their underwriting guidelines.