Business Owner Policy News
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Liberty Mutual to Stop Offering Business Owner’s Policy In California As Costs Bite
Jul 27 2023 // Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses...
NJM Insurance Adds BOP, Commercial Excess, Umbrella Coverage in New Jersey
May 13 2021 // NJM Insurance Group is now writing businessowners policies and corresponding excess and umbrella policies in New Jersey. The ProEdge Businessowners Policy provides protection for property and liability risks associated...
SageSure Expands with Product for Coastal Businesses in South Carolina, Florida
Oct 19 2020 // SageSure, a homeowners insurtech, has launched a new line of commercial insurance products in traditionally underserved coastal markets. Launching in South Carolina followed by Florida, SageSure’s commercial product...
InsuraGuest to Offer Crum & Forster BOP Coverage to 130+ Classes Via Web Portal
Oct 13 2020 // InsuraGuest Technologies, through its wholly owned U.S. subsidiary Insure The People, has launched a new business owner policy (BOP) insurtech portal, www.InsureThePeople.com that is available to more than 130 class...
Bold Penguin Partners with Ohio’s State Auto on Commercial Insurance
Jun 19 2020 // Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its platform, expanding its commercial auto insurance offering launched in...
Insurer Counters Income Loss Claims by Arguing Restaurants Operated Takeout Service
Jun 18 2020 // An insurer fighting business income claims from restaurants is arguing in part that there is no coverage because businesses were allowed to provide takeout and delivery service during lockdowns. Society Insurance, based in...
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