WORKERS' COMPENSATION AND COMMERCIAL LINES NEW BUSINESS SUCCESS
Thanks to the hard work of our agency partners, we’re proud to share some of the new business success we had for workers’ compensation and commercial lines in the first quarter of 2023.
Workers’ compensation
Here are a few examples of new business we’ve written in the last quarter, including guaranteed cost and from the Standard Accounts teams. Reach out to your agency manager or workers’ compensation underwriter to discuss your new business opportunities today.
Guaranteed cost
Governing class | Main coverage state | Written premium |
Building property management | Ill. | $755,902 |
Retail store, N.O.C. | Pa. | $482,016 |
Coal mining – surface and drivers | W.Va. | $464,323 |
Standard Accounts team
Industry group | Policy count | Written premium |
Construction | 324 | $3,493,423 |
Manufacturing | 88 | $974,142 |
Health care | 81 | $956,707 |
Click here for a more comprehensive list.
Commercial lines
The top six commercial lines – middle market new business successes we had for the first quarter of 2023 are shared below. Contact your agency manager to discuss new commercial lines business opportunities today.
SIC 1 digit | SIC description | Average policy amount | States written |
Wholesale trade | Scrap and waste materials | $522,346 | Pa., Va., W.Va. |
Retail trade | Miscellaneous retail stores, not elsewhere classified | $514,294 | Ky., Pa. |
Manufacturing | Pulp mills | $501,492 | Ky., Pa. |
Wholesale trade | Home furnishings | $297,726 | Wis. |
Transportation, communication, electric, gas and sanitary services | Refrigerated warehousing and storage | $232,035 | Neb. |
Wholesale trade | Automobiles and other motor vehicles | $196,388 | Ind. |
Click here for a more comprehensive list.