Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Florida Advances Commercial Insurance Rate Deregulation
Apr 4 2011 // A move to deregulate a number of commercial lines of property/casualty insurance is making quiet progress in Florida. The legislation, which has already passed the House by a unanimous vote, would exempt insurance pricing...
Liberty Mutual Expands UK Commercial Lines Operations
Apr 4 2011 // Liberty Mutual Insurance Europe (LMIE), a member of the Liberty Mutual Group, has confirmed more details of its expanded regional office network and management team to beef up its move into the UK’s commercial lines...
Pennsylvania Considers Workers’ Comp for Small Business Owners
Apr 4 2011 // Agents in Pennsylvania are urging lawmakers to pass legislation that would allow insurers to cover owners or partners of small businesses through a workers’ compensation policy. The legislation changes insurance laws...
Elliot Named Commercial Markets Head for The Hartford
Mar 30 2011 // The Hartford has named Douglas G. Elliot president of its commercial markets division. Elliot is currently president and chief executive officer of Hartford Steam Boiler, a subsidiary of Munich Re, and president of...
Employers Rewarded for Insuring Early Retirees Under Healthcare Reform
Mar 28 2011 // When President Barack Obama signed his healthcare overhaul into law a year ago, some U.S. companies were quick to flag — and write down — the millions of dollars they stood to lose as a result of one aspect of...
Commercial Insurance Prices Still Flat After 8 Quarters: Towers Watson
Mar 25 2011 // Commercial insurance prices were relatively flat for the eighth consecutive quarter, while accident-year loss ratios deteriorated relative to the same period in the prior 12 months. According to global professional...
Michigan Nixes Strict Workplace Ergonomics Rule
Mar 23 2011 // Michigan Gov. Rick Snyder has signed a bill to prevent state-level administrative rules mandating workplace ergonomics. Ergonomics aims to limit injuries caused by lifting, repetitive motion and awkward work positions. The...
Pennsylvania Ponders Workers’ Comp for Small Business Owners
Mar 23 2011 // Agents in Pennsylvania will urge lawmakers today to pass legislation that would allow insurers to cover owners or partners of small businesses through a workers’ compensation policy. The legislation changes insurance...
Kansas Workplace Injuries Drop by 12% in 2009
Mar 22 2011 // Kansas labor officials say nonfatal workplace injuries in Kansas fell by 12 percent in 2009, the most recent year the statistics are available. The Department of Labor says the Survey of Occupational Injuries and Illnesses...
SBA: Small Businesses Provide Nearly 55% of Private-Sector Jobs in Louisiana
Mar 15 2011 // The U.S. Small Business Administration reports that in 2008 nearly 400 thousand small businesses were operating in Louisiana, representing 97.4 percent of the state’s employers. A report released in February by the...
Georgia Court Rules Commercial Liability Policy Covers Faulty Work
Mar 10 2011 // A general contractor can recover from its subcontractor’s insurers for the cost of repairs for damage to surrounding property resulting from the subcontractor’s faulty workmanship, the Georgia Supreme Court has...
RCM&D Buys TRION’s Commercial P&C Division
Mar 10 2011 // Baltimore-based Insurance broker RCM&D acquired the commercial property and casualty insurance division of Philadelphia-based TRION Inc. and has opened a Philadelphia regional office to serve clients throughout...
Oregon Workplace Injuries Decline More Than 50%
Mar 9 2011 // Seventeen people covered by Oregon’s workers’ compensation system died on the job during 2010, the Department of Consumer and Business Services (DCBS) announced. The total represents an all-time low in Oregon...
Progressive Extends Pet Injury Coverage to Commercial Auto Customers’ Pets
Mar 8 2011 // Business owners can now protect their dogs and cats with Progressive’s free Pet Injury coverage. How it works: If a dog or cat is hurt in a vehicle accident, Progressive will pay vet bills up to $1,000. Key Points:...
Missouri House Votes to Change Workplace Discrimination Laws
Mar 7 2011 // The Missouri House passed legislation that could make it more difficult for employees to win workplace discrimination lawsuits. The legislation, approved by a 95-59 vote, would require people to prove that discrimination...
Missouri Senate Endorses Change in Workplace Bias Law
Mar 4 2011 // Legislation revising parts of Missouri’s laws on workplace discrimination is moving through the state Senate. The chamber gave first-round approval to a bill changing the legal standard people must meet when they...
Wyoming Senate Kills Workplace Gun Bill
Mar 3 2011 // A Wyoming legislative committee has killed a bill that would have barred employers in the state from prohibiting their workers from keeping guns in their vehicles at the workplace. The Senate Transportation Committee voted...
Midwest Employers Casualty Creates Healthcare Risk Management Practice
Mar 1 2011 // St. Louis, Mo.-based workers’ compensation excess insurer, Midwest Employers Casualty Co. (MECC), announced it has launched a Healthcare Risk Management Practice. MECC said it created the Healthcare Risk Management...
Missouri House Votes to Change Workplace Discrimination Laws
Feb 27 2011 // The Missouri House has passed legislation that could make it harder for employees to win workplace discrimination lawsuits. The legislation, approved by 95-59 vote, would require people to prove that discrimination was the...
PartnerRe Makes Changes in Catastrophe Business Unit
Feb 25 2011 // Bermuda-based PartnerRe Ltd. Has announced leadership changes in its Catastrophe business unit, effective April 1, 2011. Brian Secrett, currently Chief Underwriting Officer and Deputy Head, Catastrophe, has been appointed...
