Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Employers Holdings Financial Strength Rating Affirmed at ‘A-‘
Nov 2 2010 // Insurance rating bureau A.M. Best has affirmed the financial strength rating of Reno, Nev.-based Employers Holdings Inc.of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Employers Insurance Group and...
Network Matches At-Home Insurance Retirees with Employers
Nov 1 2010 // Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept Because All Workers Are from U.S. As more and more experienced insurance employees discover their retirement income isn’t what they thought it would be,...
Lockton: Commercial Lines Capacity ‘Remains Plentiful’
Oct 29 2010 // Underwriting capacity remains plentiful across most lines of commercial insurance and there are no significant insurance coverage restrictions, despite major losses associated with the Deepwater Horizon spill and the...
Court Orders Employer to Pay $100K to Texas Mutual
Oct 28 2010 // A Travis County district court has sentenced Joffrey Majors of Parker, Texas on workers’ compensation fraud-related charges. The court sentenced Majors to four years’ deferred adjudication and ordered him to...
Liberty Northwest Launches Commercial Series for Small to Mid-Sized Businesses
Oct 27 2010 // Liberty Northwest, a Liberty Mutual Agency Markets regional company, today announced the launch of the Liberty Northwest Commercial Series, its insurance solution for small to medium-sized businesses. The portfolio...
Liberty Mutual Enhances Commercial Umbrella Policy
Oct 25 2010 // Enhanced coverages, the need for fewer endorsements, and language that is easier to understand are some of the key ingredients of the new umbrella liability policy now available through Liberty Mutual’s Commercial...
CNA Middle Market Expands Manufacturing Unit
Oct 22 2010 // Chicago-based insurer CNA announced investments in its CNA Middle Market Manufacturing segment. The company said the investments will provide CNA’s producers with national support as well as access to products,...
Employers Names Betts VP of IT Infrastructure and Operations
Oct 21 2010 // Reno, Nev.-based Employers has named Craig D. Betts vice president of IT infrastructure and operations. With a career spanning over 20 years, Betts joins the company from Nevada Energy, where he provided critical IT...
Private Insurers Eligible for Small Business Export-Credit Reinsurance
Oct 19 2010 // Private sector insurers that provide short-term export-credit insurance covering foreign receivables to U.S. exporters are now eligible for reinsurance from the Export-Import Bank of the United States (Ex-Im...
Workplace Deaths Decline in New York City
Oct 18 2010 // The recession and slowdown in construction activity in New York City had a silver lining last year: A reduction in workplace deaths. The federal Bureau of Labor Statistics reported that there were 63 workplace fatalities...
Feds Criticize North, South Carolina on Workplace Safety
Oct 18 2010 // Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. Jordan Barab of the Occupational Safety and Health...
Commercial Lines Leaders
Oct 18 2010 // About the Commercial Lines Leaders: The 2010 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Indepdendent Agencies as reported in August. This list...
10 Things to Know About Commercial Property Insurance
Oct 18 2010 // 1. Flood Coverage Flood coverage is NOT included in the Commercial Property Package (CPP). 2. Vacant v. Unoccupied “Vacant” and “unoccupied” are not synonymous in the CPP. A building or unit can be...
Employers Should Consider ‘Increased Risk Test’ When Evaluating Workers’ Comp Benefits
Oct 14 2010 // The Nevada Supreme Court has ruled that although employers are not “absolutely liable” when employees are injured “on the job,” companies should apply the “increased risk test” to...
Workplace Deaths Decline in New York City
Oct 8 2010 // The recession and slowdown in construction activity in New York City had a silver lining last year: fewer workplace deaths. The federal Bureau of Labor Statistics reported that there were 63 workplace fatalities in the...
Chartis Expands XSEnhanced Commercial Umbrella to Grocers
Oct 6 2010 // Chartis has introduced XSEnhanced: Grocers, the fourth in the XSEnhanced suite of industry-specific commercial umbrella coverages developed by its Excess Casualty Division. XSEnhanced: Grocers addresses many of the unique...
Feds Say North, South Carolina Programs Weak on Workplace Safety
Oct 4 2010 // Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. The audit showed that both states impose weak...
It’s Now Easier to Sue Tennessee Employers Over Illegal Firings
Oct 4 2010 // The Tennessee Supreme Court has reversed precedent and made it easier for workers to sue their employers when they believe they were fired illegally. The court ruled 3-2 that employers must prove that workers’ claims...
16 Brokers to Use New Single-Entry Commercial Lines Insurance Exchange
Oct 4 2010 // Sixteen insurance brokerage firms have agreed to be the first to use a new Internet-based single entry submission system to transact commercial lines business with carriers, a system that will be made available to all...
Feds Threaten Hawaii Over Workplace Health-Safety
Sep 30 2010 // Federal labor officials want to suspend Hawaii’s authority over its workplace safety program, saying the state’s enforcement fails to meet even minimum expectations. If Hawaii will not give up its authority,...
