Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Calif. Workers’ Comp Web Site To Verify Employers’ Insurance
Feb 25 2011 // The California Office of Administrative Law has approved new regulations for creating a Web site that will allow people to verify employers have workers’ compensation insurance coverage, and for employers to dispute...
Employers Holdings Reports Q4 Income of $20M
Feb 24 2011 // Reno, Nev.-based Employers Holdings Inc. has reported fourth quarter net income of $20.1 million compared with $11.3 million in the fourth quarter of 2009, an increase of $8.9 million in net income. The company said net...
Signature Select Adds Tolliver in Commercial Lines Practice
Feb 23 2011 // Denver-based Signature Select LLC, a retail insurance broker subsidiary of The IMA Financial Group Inc., today announced that it has expanded its commercial lines insurance practice in Denver and added Jim C. Tolliver as a...
Medical Marijuana Raises Workers’ Comp, Liability Issues for Employers
Feb 21 2011 // Fifteen states and the District of Columbia currently have laws that approve medical marijuana as a medical treatment option, which has increasingly important implications in the workplace. Arizona voters recently passed...
Safer Workplaces, But Older Workforce
Feb 21 2011 // Looking ahead for workers’ compensation in the coming decades, we see the best of times and the worst of times. On the positive side, workplaces have never been safer and the frequency of reported injuries has been...
Economy, Expenses, Employers’ Clout Likely to Discourage Major Changes to System
Feb 21 2011 // I begin with the following assumptions: The economic situation at the state and federal level will continue — if not worsen — over the next two to five years and unemployment will remain high before falling into the...
Washington Workplace Fatalities Climb 32%
Feb 18 2011 // Workplace deaths in Washington state climbed in 2010, with 86 men and women killed due to job-related trauma, according to a report on work-related fatalities by the Department of Labor & Industries (L&I). The...
Mood on Main Street: Agents on Hardest Hit Small Businesses
Feb 17 2011 // Agents across the country — except in Texas and neighboring states — agree that construction and related trades have been hardest hit by the recession. Restaurants appear to be the second hardest hit. In terms of lines...
Business Risk Partners Launches Combo GL, E&O Coverage for Home Inspectors
Feb 16 2011 // Business Risk Partners is now offering general liability coverage to home inspector firms that purchase errors & omissions insurance. Bundling the two products addresses the increasingly grey areas between GL and...
SpatialKey, MarketStance Partner on Commercial Insurance Analysis
Feb 16 2011 // Spatial Key and MarketStance have formed a strategic partnership to provide commercial insurance carriers with instant, visual insights into market trends, opportunities and distribution channels. MarketStance’s...
Employers Holdings To Report Q4 Earnings Feb. 24
Feb 10 2011 // Reno, Nev.-based Employers Holdings Inc. (NYSE: EIG), whose subsidiaries are specialty providers of workers’ compensation insurance focused on small- and medium-sized businesses, will review the company’s...
Mississippi Bill Lets Employers Buy Health Policies from Other States
Feb 9 2011 // The Mississippi House has approved a plan that would allow employers to buy group health insurance policies anywhere in the country, not just from Mississippi insurers. The House, by an 83-33 margin, passed a bill to enact...
As Small Business Shrinks, Small P/C Insurers Lose
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
Massachusetts Allows for Terrorism Exclusion in Commercial Insurance
Feb 7 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance...
As Small Business Shrinks, Small P/C Insurers Lose
Feb 7 2011 // The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and...
How to Become Chief Risk Officer for Small Business Clients
Feb 7 2011 // Some small business owners are expressing their intentions to invest in future growth, as economic storm clouds of the past few years show signs of clearing. The National Federation of Independent Business’ latest...
BB&T Promotes Owen to Director of Commercial Lines in Florida
Feb 3 2011 // BB&T Insurance Services has promoted David Owen to director of commercial lines and BB&T Insurance Services’ at its Fort Myers, Florida office. Owen will also continue as the branch manager of...
Berkley Life Sciences Introduces Admitted Commercial Lines Package
Feb 2 2011 // Berkley Life Sciences, LLC, an insurance underwriting company dedicated solely to the life sciences industry, has begun offering a full suite of commercial lines policies on an admitted basis. The admitted policies will be...
Dean & Draper Recognized for Employee Workplace Satisfaction
Jan 31 2011 // Houston-based Dean & Draper Insurance Agency LP, one of the largest independent insurance agencies in Texas, announced it recently received the honor of being named one of the Best Companies to Work for in Texas...
Marsh Sees Soft Commercial Insurance Market Continuing
Jan 31 2011 // Another report indicates that soft commercial insurance market conditions that persisted throughout the U.S. in 2010 will continue into 2011. Key commercial insurance market drivers from 2009—including intense...
