Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Obama Administration Issues Contraceptive Rule For Faith-Based Employers
Jun 28 2013 // The Obama administration on Friday issued its final rule requiring health insurance coverage of contraceptives for the employees of religiously affiliated universities, hospitals and other institutions, just as the new...
U.S. Suspends Trade Benefits for Bangladesh Over Workplace Safety
Jun 28 2013 // President Barack Obama on Thursday cut off longtime U.S. trade benefits for Bangladesh in a mostly symbolic response to dangerous conditions in that country’s garment industry that have cost more than 1,200 lives in...
Supreme Court Limits Workplace Harassment, Retaliation Claims
Jun 25 2013 // The U.S. Supreme Court put new limits on lawsuits claiming on-the-job harassment, throwing out a case filed by a black catering worker who said a colleague slapped her and used racial epithets. The justices, voting 5-4,...
North Dakota’s Workers’ Comp Agency to Send Employers Refunds
Jun 24 2013 // North Dakota’s workers’ compensation program will send employers nearly $160 million in payments as a distribution of surplus reserves. The Forum reports that Workforce Safety and Insurance will distribute the...
No Punitive Damages for Workplace Sex Bias, Iowa Court Says
Jun 24 2013 // Courts cannot award punitive damages to victims of workplace sexual harassment and gender discrimination under the Iowa Civil Rights Act, the state Supreme Court ruled in a victory for employers. The court said lawmakers...
Commercial Insurance Rates Up 5% Again in May: MarketScout
Jun 17 2013 // The average composite rate for commercial property/casualty insurance in the U.S. was up 5 percent for May 2013. This marks the third month in a row for a 5 percent increase, according to MarketScout’s analysis. By...
10 Things to Know About Commercial Umbrellas
Jun 17 2013 // Commercial umbrellas can be an answer for business owners with significant assets or those especially vulnerable to lawsuits. Umbrellas may provide supplementary coverage for lawsuits, legal fees and settlements as well as...
$1B Rebate to Ohio Employers Approved
Jun 17 2013 // The directors of Ohio’s insurance fund for injured workers unanimously approved Gov. John Kasich’s proposal to send rebate checks ranging from $5 to more than $3 million to businesses, local governments and...
Berkshire Hathaway’s Eastwood Hiring Specialty Team to Vie with Ex-Employer AIG
Jun 13 2013 // Peter Eastwood, who left American International Group Inc. with three other executives in April to start a new insurer at Warren Buffett’s Berkshire Hathaway Inc., said he’s finding it easy to attract...
Veto of Maine Workplace Bullying Bill Upheld
Jun 11 2013 // Maine Gov. Paul LePage’s veto of a bill aimed at bullying in the workplace will stand. The Maine House of Representatives last week voted 87-56 to sustain the governor’s veto, short of the two-thirds majority...
Oregon Senate Oks Workplace Protections For Interns
Jun 6 2013 // The Oregon Legislature has agreed to extend workplace protections against harassment and discrimination to unpaid interns. The Senate unanimously passed HB 2669, sending it to Gov. John Kitzhaber, who intends to sign it....
Commercial Insurance Rates Were Up 5% Again in May: MarketScout
Jun 5 2013 // The average composite rate for commercial property/casualty insurance in the U.S. was up five percent for May 2013. This marks the third month in a row for a five percent increase, according to MarketScout’s...
NetRate Systems Introduces Value-Add Modules to Commercial Auto Rating Product
Jun 3 2013 // Okemos, MI, 6/3/13 – NetRate Systems, Inc., a leading supplier of ISO® Commercial Lines Rating software for the MGA and carrier marketplace, has announced the availability of several add-on modules which provide...
Workers’ Comp Panel Approves $1 Billion Rebate to Ohio Employers
May 31 2013 // Directors of Ohio’s insurance fund for injured workers have unanimously approved Gov. John Kasich’s (KAY’-sihks) proposal to send $1 billion in cash rebates to businesses, local governments and...
Administration Issues Workplace Wellness Program Guidelines
May 29 2013 // Employees will be eligible for significantly lower premiums on the health insurance they buy through their employers if they participate in “workplace wellness programs,” even if they don’t improve their...
Workplace Wellness Has Only Modest Effect on Bottom Lines, Waistlines: RAND
May 29 2013 // A long-awaited report on workplace wellness programs, which has still not been publicly released, delivers a blow to the increasingly popular efforts, Reuters has learned, casting doubt on a pillar of the Affordable Care...
Fireman’s Fund Names Commercial Insurance Field Executive in N.J.
May 24 2013 // Novato, Calif.-based Fireman’s Fund Insurance Company appointed Erik Matson to the position of commercial insurance field executive.Erik MatsonIn this role, Matson will be responsible for growing Fireman’s...
Employer Contraception Mandate Headed to Court for Ban Ruling
May 22 2013 // The U.S. law requiring employers to provide health insurance coverage for birth control is set to come before an appeals court in cases brought by two businesses whose owners say they operate according to Catholic...
Liberty Mutual Appoints Northeast Division VP for Commercial Insurance
May 22 2013 // Liberty Mutual Insurance’s Commercial Insurance business unit announced that Patrick Tully has been appointed vice president and managing director of distribution in the Northeast division of its national insurance...
Wage and Hour Claims Among Top Threats to U.S. Employers
May 21 2013 // Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under the Fair Labor Standards Act (FLSA) in have continued to skyrocket in 2013, despite...
