Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Maryland’s Chesapeake Employers Announces New Chairman of Board
Aug 6 2015 // Charles Dankmeyer Chesapeake Employers’ Insurance Company, the largest writer of workers’ compensation insurance in Maryland, announced the appointment of Charles Dankmeyer as chairman of the Board after having...
10 Business Insurance Lessons and 1 Owner’s Advice from Katrina
Aug 5 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses. Many of the lawsuits filed as a result of the fifth hurricane of...
Risk Innovations Acquires Columbia Commercial General Agency
Aug 4 2015 // Atlanta, Ga.-based Risk Innovations LLC has acquired Columbia Commercial General Agency (CCGA), headquartered in Columbia, Mo. The deal was effective Aug. 1, 2015. The acquired business will continue to operate in Columbia...
Oregon Workplace Deaths Down in Second Quarter of 2015, Report Shows
Jul 29 2015 // Workplace deaths in Oregon for the second quarter of 2015 were down markedly from the previous quarter, possibly resuming a long-turn trend of deaths on average falling steadily since the 1980s, according to the the state...
Midwest Employers Casualty Adds Anderson as Director, Group Captives
Jul 21 2015 // St. Louis-based Midwest Employers Casualty Co. (MECC), a W. R. Berkley Co., announced that David R. Anderson has joined MECC as underwriting director of the recently formed workers’ compensation captive...
Commercial Insurance Prices Remain Static for Fourth Month: MarketScout
Jul 20 2015 // Commercial insurance rates have barely budged at all over the last four months, according to the MarketScout report for June. Only the business interruption line saw rates go down in June from the previous month and those...
Dallas-Area Steel Fabricator Fined $189K for Workplace Hazards
Jul 17 2015 // Federal safety officials have found that a Dallas-area steel fabricator has continued to put its workers in harm’s way, despite its awareness of hazards at its Farmers Branch facility. A recent federal inspection...
More Small Employers Using Video to Detect Workers’ Comp Fraud
Jul 15 2015 // Trust is hard to come by, and the proof for that cliché is now in the pudding – at least in the world of workers’ compensation. While roughly one-in-10 small business owners say they’re concerned that one of...
4 Commercial Auto Endorsements Every Insured Should Consider
Jul 13 2015 // Insurance Services Office (ISO) lists more than 100 endorsements available for use with the business auto policy (BAP) (the total number varies by state). Out of this mass of policy-altering endorsements, most designed to...
Guarantee, Bullfrog Insurance Partner for Canada Small Business Online Cover
Jul 9 2015 // The Guarantee Company of North America announced that it has “teamed up with Bullfrog Insurance to provide a faster and simpler way for Canadian small business owners to obtain small business insurance.” They...
Workplace Incident in South Dakota Kills North Dakota Man
Jul 8 2015 // A North Dakota man was killed while working at an asphalt production plant in central South Dakota. Sully County Sherriff Bill Stahl told KCCR radio that 66-year-old Jerold Walth of Wishek, North Dakota, was performing...
7 Reasons to NEVER Extend Business Auto Coverage to an Employee-Owned Auto
Jul 7 2015 // First, the Reasons to NEVER Extend BAC Protection to an Individually-Owned Auto The employee’s Personal Auto Policy (PAP) extends coverage for most business uses of a covered auto. Using a BAC rather than a PAP may...
Commercial Insurance Prices Remain Static for Fourth Month
Jul 6 2015 // Commercial insurance rates have barely budged at all over the last four months, according to the MarketScout report for June. Only the business interruption line saw rates go down in June from the previous month and those...
Liberty Mutual Promotes Trish to Northeast Business Insurance President
Jun 30 2015 // Jamie Trish Liberty Mutual Insurance has promoted Jamie Trish to president of its Northeast Business Insurance operations effective July 1. Trish will be responsible for the profitable growth of business in the region that...
4 of 10 Mid-Sized Firms Have Had Data Breach: Survey
Jun 26 2015 // Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The...
Midwest Employers Casualty Adds Branco as Medical Director
Jun 23 2015 // Midwest Employers Casualty Company (MECC), which specializes in excess workers’ compensation, has hired Dr. Fernando S. Branco as medical director. Branco will lead a team of six medical management consultants who...
AIG Names Bexiga Commercial Insurance IT Officer
Jun 22 2015 // American International Group Inc. announced that Annabelle Bexiga has been named business information officer (BIO) for Commercial Insurance. Effective in August 2015, Bexiga will report to Phil Fasano, chief information...
U.S. Vows Commercial Drone Rules Within a Year
Jun 18 2015 // U.S. commercial drone operations could take flight on a large scale by this time next year, as federal regulators finalize rules allowing widespread unmanned aerial system use by companies, according to congressional...
With HCC Holdings Buy, Tokio Marine Enhances Already Top Commercial Lines Performance
Jun 17 2015 // Tokio Marine Holdings Inc. is using debt to expand a U.S. insurance business that’s beaten even Berkshire Hathaway Inc. for policy growth. The Japanese insurer, which is taking over Houston-based HCC Insurance...
The Hartford Expands Professional Liability Products to Small Business
Jun 16 2015 // The Hartford has launched a new professional liability insurance offering to help protect small businesses in the event they are sued by a customer claiming a negligent act, or error or omission in the professional...
