Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Chartis Realigns Global Business Units Amid Departure of Key Executive
Jan 18 2012 // Chartis said it is streamlining its geographic structure to add greater focus on its growth economies initiatives. The move comes amid the departure of Chartis Growth Economies CEO Julio Portalatin, who is leaving the...
Oklahoma to Require Medical Certification for Some Commercial Drivers
Jan 13 2012 // On Jan. 30, 2012, the Oklahoma Department of Public Safety (DPS) will begin adding medical certification status and medical examiner’s certificate information to commercial driver’s license system (CDLIS)...
Five Star Expands Classes for Business Auto Program
Jan 11 2012 // Five Star Specialty Programs has announced a new market for the business auto program, which will provide additional coverage for more classes, including wholesale distributors, retail locations and various...
2012 Commercial Lines Ratings Outlook Negative: A.M. Best
Jan 9 2012 // The rating outlook for U.S. commercial property/casualty insurance remains negative, while the outlook for personal lines is stable, according to a briefing from A.M. Best Co. The ratings firm said it continues to maintain...
Wyoming Governor Backs Workplace Safety Recommendations
Jan 5 2012 // The state’s occupational epidemiologist who spent a year studying the high rate of workplace deaths in Wyoming said his research points to lack of a “culture of safety” in Wyoming. Dr. Timothy Ryan said...
Austin Mutual Names Kirkendall Commercial Lines Underwriting Director
Jan 3 2012 // Minnesota-based Austin Mutual Insurance Co. has promoted Kody Kirkendall to director of commercial lines underwriting. Kirkendall will continue to oversee the agribusiness division underwriting and will add Austin...
Employers Share Employee Benefits Success Stories at Mass. Conference
Dec 29 2011 // New England Employee Benefits Council (NEEBC) held its annual conference earlier this month, giving its Best Benefits Practices awards to six winners. The winners shared their success stories at the NEEBC conference in...
Idaho Economic Developers Want Employer Incentive Fund
Dec 27 2011 // State lawmakers need to create a $5- to $10-million fund that could be used to entice high-paying employers to the state by rewarding them with incentive packages, Idaho economic developers said. The Boise Valley Economic...
Air Force Building in Georgia Clears the Air for Workplace Safety
Dec 22 2011 // A year ago, Building 169 at Robins Air Force Base in Georgia was the epicenter of the base’s troubles with the Occupational Safety and Health Administration. An inspection of the building by OSHA investigators found...
Employers Offers 5% Workers’ Comp Discount for Florida Businesses
Dec 14 2011 // Some small businesses in Florida will see an automatic 5 percent discount on their workers’ compensation policies through a new program offered by Employers Holdings, Inc. The Florida Office of Insurance Regulation...
Alabama Businesses Working on Workplace Safety
Dec 8 2011 // It’s not uncommon for Troy Collett to feel like he’s playing a game of dodge cars when he’s making a delivery in downtown Florence, Alabama. “I’ve felt the exhaust off the tailpipes (of the...
Travelers CEO Says His Company’s Business Insurance Rates Up Over 5%
Dec 7 2011 // The Travelers Companies CEO Jay Fishman said at a financial conference yesterday that his company raised rates for business insurance customers by 5.2 percent in October, followed by 5.8 percent in November, according to a...
Rate of Virginia Workplace Injuries Up in 2010
Dec 5 2011 // The rate of workplace injuries increased in 2010 in Virginia, but still remains below the national rate. The Virginian-Pilot of Norfolk said a state Department of Labor and Industry report released last Thursday shows that...
RIMS: Soft Market Has Hit Bottom for Commercial Lines
Dec 5 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
N.Y. Loosens Regulations for Large Commercial Insureds
Dec 5 2011 // New York State Department of Financial Services issued new rules to implement a new state law that deregulates most insurance business for large, sophisticated companies and public entities. The law exempts insurers from...
Ohio Businesses Awarded More Than $273K for Workplace Safety
Nov 23 2011 // The Ohio Bureau of Workers’ Compensation (BWC) awarded 13 businesses safety intervention grants totaling more than $273,000 during October to make Ohio workplaces safer, the agency announced. BWC designed the Safety...
New York Loosens Commercial Insurance Regulations for Large Insureds
Nov 21 2011 // New York State Department of Financial Services announced on Monday that it issued new regulations to implement a recently adopted state law that deregulates most insurance business for large, sophisticated companies. The...
Small Business Owners Trust Their Agents, Survey Reports
Nov 21 2011 // Small business owners trust their independent insurance agents and commercial insurance carriers more than other financial services businesses, a new study reports. The study, commissioned by The Hanover Insurance Group...
California’s State Fund Names Welsh Chief for Workplace Safety
Nov 18 2011 // California’s State Compensation Insurance Fund on Friday named Len Welsh head of workplace safety. Welsh is charged with directing State Fund’s strategies to advance occupational safety and health in...
Employers Pay Workers More Where Sexual Harassment Risk Exists: Study
Nov 18 2011 // Female workers are six times more likely than male workers to experience sexual harassment on the job, according to a report out of Vanderbilt University in Nashville. Vanderbilt University economist Joni Hersch has...
