Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
U.S. Commercial Lines Rates Up 4% in February: MarketScout
Mar 6 2013 // Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed. The U.S. commercial insurance rate index, published by MarketScout, shows...
Connecticut Workplace Injury Cases Up 11% to 50,600 in 2011
Mar 5 2013 // The U.S. Department of Labor says the number of workplace injuries in Connecticut jumped 11 percent in 2011 over the previous year and that the rate of injury is among the highest in the country. The Bureau of Labor...
Workplace Bullying Emerging As Major Employment Liability Battleground
Mar 4 2013 // Margaret Fiester is no shrinking violet, but she says working for her former boss was a nightmare. “One day I didn’t do something right and she actually laid her hands on me and got up in my face and started...
Snapshot: Who Are America’s Small Business Entrepreneurs?
Feb 28 2013 // About one third of America’s entrepreneurs are women, many are between the ages of 30 and 49, and 60 percent spent more than six months working on their business idea before forming their entity. More than four out...
Trinity Underwriting Managers Announces Commercial Auto Program
Feb 26 2013 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has expanded its commercial auto capabilities. TUMI has established a relationship with an “A” rated carrier that underwrites...
Employers Underestimate True Cost of Complying with Healthcare Reform: Willis
Feb 25 2013 // The majority of employers seek to avoid cost increases for their group health plans. However, more than half have not put pen to paper to calculate the cost of healthcare reform, according to a survey by the Willis Human...
163K Nonfatal Workplace Injuries, Illnesses Reported by N.Y. Private Employers in 2011
Feb 14 2013 // Almost 163,000 nonfatal workplace injuries and illnesses were reported among New York private industry employers in 2011, according to data published today by the U.S. Bureau of Labor Statistics. That number translates to...
Insurer to Take 31,000 Commercial Wind Policies from Florida’s Citizens
Feb 14 2013 // Florida’s state-backed property insurer has approved a plan to shift 31,000 commercial wind-only policies to a new private insurer. The board of Citizens Property Insurance Corp. approved the plan earlier this week....
Court Grants Indiana Employer Relief from Contraceptive Coverage Mandate
Feb 12 2013 // An Indiana company has won temporary court relief from having to provide its employees with coverage for contraceptives and other birth-control procedures, as mandated under the 2010 healthcare overhaul. By a 2-1 vote, a...
10 Things to Know About the Commercial Auto Market
Feb 11 2013 // The commercial auto segment saw an underwriting loss in 2011 for the first time in nine years, with a combined ratio of 103.6 percent, according to a special report on the U.S. commercial auto insurance industry published...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Feb 11 2013 // Rates for commercial lines insurance will continue to rise in 2013, thanks to above average losses, low investment returns and receding reserve releases. However, according to a report by Marsh, traditional signs of a...
Ohio Employers Want $860M from Work Comp Bureau After Ruling
Feb 4 2013 // Attorneys for employers who won a ruling against the Ohio Bureau of Workers’ Compensation are asking the state to pay $860 million. The lawyers say there are 270,000 Ohio employers who are due restitution after a...
Kansas Bill Would Limit Employer Access to Applicants’ Social Media Accounts
Jan 31 2013 // Two Kansas lawmakers are seeking support for a measure that would limit employers’ access to job applicants’ social media accounts. Rep. Gail Finney and Sen. Oletha Faust-Goudeau, both Democrats, back measures...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Jan 30 2013 // Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional...
EMPLOYERS Names Robertson Medical Director in Southern California
Jan 29 2013 // Reno, Nev.-based EMPLOYERS named Dwight L. Robertson, M.D., medical director. Dr. Robertson will provide physician oversight for the clinical direction of medical services for EMPLOYERS, as well as medical expertise with...
Less Than 50% of Small Businesses Offer Employee Benefits: LIMRA
Jan 29 2013 // Only 47 percent of small businesses (2-99 employees) in the United States offer benefits to their employees, the lowest level in two decades of research by the life insurance industry research organization LIMRA. According...
Travelers Adds Cyber Protection Tailored to Small Businesses
Jan 22 2013 // Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches worldwide analyzed by Verizon’s forensic analysis unit were at companies with 100 employees or less*....
Supreme Court to Hear Stanford Ponzi Lawsuits, Workplace Bias Case
Jan 21 2013 // The U.S. Supreme Court last Friday agreed to hear four new cases, addressing matters as diverse as the reach of a law designed to combat chemical weapons, and whether lawyers could be sued for having once represented...
2012 Landmark Year for Workplace Class Action Litigation: Study
Jan 14 2013 // When it comes to complex employment-related legal disputes, 2012 will be considered a landmark year, according to a new report on employment class action litigation. Many of the key rulings of 2012 in class action cases...
270,000 Ohio Employers Win Workers’ Comp Ruling
Dec 31 2012 // A judge’s ruling against the Ohio Bureau of Workers’ Compensation may end up costing the state hundreds of millions of dollars. The ruling issued Friday also could mean that more than 270,000 Ohio employers are...
