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BNET Business Dictionary
- Commercial Property
- buildings and land used for the performance of business activities. Commercial property can include single offices, buildings, factories, and hotels.
- Commercial Property definition on BNET »
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- NUCO Publishes Books On Property Cover, Ethics.(National Underwriter Co)(Brief Article)
- The National Underwriter Company has published two new books--one on commercial property coverage and the other on insurance ethics. Now in its second edition, the "Commercial Property Coverage Guide" features the latest ISO commercial pr The National Underwriter Company has published two new books--one...
- Research articles 2001-05-21
- For The Record.(Brief Article)
- Terror cover problems slow property lending A lack of comprehensive and affordable terrorism insurance for commercial properties has taken a toll on development projects in 2002, according to the Mortgage Bankers Assn. of America. Terrorism coverag Terror cover problems slow property lending ...
- Research articles 2002-07-22
- Late News.(commercial property and casualty insurance costs rose in 2002)
- Property/casualty rates continue rising: CIAB The cost of commercial property/casualty insurance continued to rise during the fourth quarter of 2002, according to a survey by the Council of Insurance Agents & Brokers. The fourth-quarter CIAB C Property/casualty rates continue rising: CIAB ...
- Research articles 2003-01-27
- Electromagnetic Field Litigation: A Growing Issue For Real Estate And Building Concerns
- There is a growing public concern that electromagnetic fields cause personal injury or property damage. That concern is expressed in toxic tort litigation, commercial property transactions, and insurance considerations. Since the number and variety of conflicts is increasing, it is important for prudent property managers to understand what this conflict...
- White papers 2002-07-01
- Does Your Business Have Adequate Commercial Property Insurance?
- At a bare minimum, businesses need to insure their properties and their inventory, and they should secure workers' compensation insurance if there are employees. Even businesses that rent their buildings need to insure the space so that, in the event of a fire, flood or other disaster, the contents of...
- White papers 2005-04-01
- An Overview of Recent Development in Residential and Commercial Property Insurance
- The purpose of this report is to review recent developments in residential and commercial property insurance markets in the U.S. There are numerous media accounts of rising prices and greater difficulty in obtaining homeowners insurance coverage. Commercial property insurance markets have experienced similar problems, with the added complication of coverage...
- White papers 2003-06-08
- Course Of Construction Insurance: Some Important Considerations
- The many risks inherent in a construction project, whether a large or moderate undertaking, require that insurance coverage be selected with the utmost care. Generally, the builders risk or course of construction exposure may be insured under either a commercial property or an inland marine policy. Forms and rates associated...
- White papers 2003-01-01
- Commercial Property Claims Handling: The Roles of the Claims Specialists
- It is seen that both insurers and insureds call on claims adjusters, accountants, and attorneys for help with claim. However, the claims adjusters, accountants, and attorneys that offer their services to insurers are distinct from those that offer their services to insureds. The article describes these experts, outlines the services...
- White papers 2000-03-01
- Attack on America: The Insurance Coverage Issues 2: General Coverage Provisions
- The article states that Commercial property insurance policies are designed to cover direct loss to insured property, such as buildings and their contents. The first prerequisite to coverage under a property insurance policy is that damage result from a covered peril. Terrorism can be viewed as a form of vandalism,...
- White papers 2001-09-01
Additional Resources
- Standard & Poor's List Of The Leading Providers Of Commercial Property-Casualty Insurance.
- Standard & Poor's List Of The Leading Providers Of Commercial Property-Casualty Insurance Commercial Multi-Peril, Commercial Auto, General Liability and Workers' Compensation. Groups and Individual Insurers. ...
- Research articles 1999-05-03
- USF&G joins KeyCorp with small business as the target.(commercial property/casualty insurance)
- Baltimore-based insurer USF&G and KeyCorp, a Cleveland-based bank, jointly announced they are developing a strategic alliance to market commercial property-casualty insurance to KeyCorp's small-business customers. The new insurance operation Baltimore-based insurer USF&G and KeyCorp, a Cleveland-based bank, jointly announced they...
- Research articles 1997-10-27
- Commercial Property/Casualty Insurance Impact of New York Attorney General's Probe
- The rationale for not changing the commercial property/casualty insurance sector's Rating Outlook is based on its belief that while there are clear negative implications for the insurance brokers, the implications to the commercial insurance industry are less apparent at this point in time and are likely not as severe. Nonetheless,...
- White papers 2004-10-29
- Updates.(property and casualty insurance rates rise)(Brief Article)
- P/C rate increases highest at midsize firms: Survey WASHINGTON -- The commercial property/casualty insurance market continues to harden, according to a new survey of commercial insurance brokers. The Council of Insurance Agents & Brokers' Co P/C rate increases highest at midsize...
- Research articles 2000-06-05
- CNA narrows focus to life, commercial property lines.
- A tighter focus and higher premiums are brightening the picture at insurer CNA Financial Corp. Chicago-based CNA is scaling back reinsurance lines and will focus on commercial property and life insurance, CEO Bernard Hengesbaugh said after the com A tighter focus and higher...
- Research articles 2001-05-14
- Property And Casualty Insurance Underwriter
- The Property and Casualty Insurance Underwriter job description template includes the following job summary: To appraise and select commercial Property and Casualty (P & C) risks that the insurance company may insure, recommending whether an applicant is an acceptable risk or not. Underwrites policies for property and casualty loss, workers'...
- Tools & templates 2007-09-09
- Hub to buy Liberty Mutual commercial property coverage
- Louisiana commercial property owners with insurance coverage through Liberty Mutual will have to renew their policies through Hub International Ltd., which announced Thursday it plans to buy renewal rights to Liberty policies in 11 states. Hub has targeted Liberty Mutual's middle market commercial property and casualty business in...
- Research articles 2009-01-23
- P/C insurers vie on rates, terms. (property/casualty insurance)
- Competition high for most lines Heated competition isn't confined to the Olympic Games in Atlanta this summer. There's also plenty of competition in a more familiar venue - the commercial property/casualty insurance market. Still mired in a soft market that's nearly a decade old and...
- Research articles 1996-07-15
- Aetna targets commercial group mkt. (Aetna Life and Casualty Co.; property-casualty insurance)
- Aetna has formed a new unit to target the growing commercial group market for property-casualty insurance. While under study for some time, the Hartford, Conn.-based Aetna officially launched its Commercial Group Sales CGS unit on Oct. 1. "We'vAetna has formed a new unit to target the...
- Research articles 1995-10-30
- Regulators, ISO work out lower terrorism loss costs.(News)(Insurance Services Office Inc reaches deal with regulators in New York and Washington for commercial property owners)
- Byline: MEG FLETCHER Commercial property owners in New York and Washington will likely see lower quotes for terrorism insurance coverage than the Insurance Services Office Inc. had originally proposed for those high-risk cities. Insurance regula Byline: MEG FLETCHER ...
- Research articles 2003-02-17
- Terrorism Insurance Coverage for Commercial Property—A Status Report
- By affecting many lines of coverage, the losses associated with September 11 aggregated to a sum previously unthinkable in risk management and insurance circles. As a result, insurers have reacted quickly and decisively over the past 10 months to address the catastrophic exposure to loss associated with terrorist attacks. Of...
- White papers 2002-06-01
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