Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Insurance Prices Still Flat But Workers’ Comp Moving Up
Jun 13 2011 // Commercial insurance prices were relatively flat for the ninth consecutive quarter, and new data confirm the deterioration of loss ratios in accident-year 2010. Price reductions continued for commercial property and...
Matt Koenig, CPCU Joins the Commercial Lines Team at Atlantic Specialty Lines of VA
Jun 10 2011 // Richmond, VA, 6/10/2011 – Atlantic Specialty Lines of VA is excited to announce the hiring of Matt Koenig as a commercial lines underwriter. Matt will be working from his location in NY and will be underwriting...
MJ Insurance Named a 2011 ‘Top Workplace’ in Indiana
Jun 7 2011 // Indianapolis, Ind.-based MJ Insurance, one of the largest privately-held insurance agencies in the United States, has been named one of Indiana’s Top Workplaces for 2011. The Top Workplaces honor, sponsored by The...
Massachusetts AG Urges Rate Reduction for Commercial Auto
Jun 6 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by a combined $1 billion over the last seven years and has asked the state’s insurance commissioner to force...
Best Performing Mid-Sized Commercial Insurers
Jun 6 2011 // Medical malpractice insurers rank high when it comes to best performers in the mid-sized commercial insurance arena. Medical liability insurers placed in eight of the top 20 slots, according to SNL Financial’s...
Nevada OSHA Encourages Employers to Ban Texting While Driving
Jun 3 2011 // The Nevada Occupational Health & Safety Section (OSHA) of the Division of Industrial Relations is hoping to stop one of the most dangerous forms of distracted driving. That’s why it is encouraging employers to...
XL Environmental Releases Indemnity Coverage for Mid-Sized Contractors
Jun 2 2011 // XL Insurance, the global underwriting operations of XL has unveiled a new contractor’s protective indemnity (CPI) coverage for the construction industry. This new coverage provides an additional layer of insurance...
Appalachian Underwriters, American Alternative Partner on Commercial Auto
Jun 2 2011 // Appalachian Underwriters, Inc. (AUI) has been appointed by American Alternative Insurance Corporation (AAIC) to offer nationwide commercial auto coverage. Appalachian Underwriters is a licensed national managing general...
Hiscox Launches Small Business Coverage in Ariz., Calif., N.Y.
Jun 2 2011 // Hiscox has introduced their business owners policy (BOP) offering in Arizona, California and New York, with coverage in additional states planned for later this year. The business owner’s insurance package (BOP)...
Employers Looking Other Way On Employees’ Distracted Driving
Jun 2 2011 // A recent survey confirms that there is growing concern among corporate managers about distracted driving risks and liability. Fifty percent of companies with more than 500 drivers said they have knowledge or evidence of...
Is Human Error in Workplace Preventable? Maybe
May 27 2011 // If a worker makes a mistake that leads to an accident, should that employee take the blame? Maybe not, according to Indiana University of Pennsylvania Safety Sciences professor Jan Wachter. Wachter believes that human...
Feds Demand Workplace Injury Records from Mining Firms
May 26 2011 // An administrative law judge has ordered two major coal producers, Massey Energy Co. and Peabody Energy Corp., to turn over information about coal mine accidents, injuries and work-related illnesses, federal regulators...
Massachusetts AG Urges Rate Reduction for Commercial Auto
May 24 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by $1 billion over the last seven years and has asked the state’s insurance commissioner to slash premiums for...
Vermont Companies Lauded for Workplace Safety
May 20 2011 // Several Vermont companies have received recognition for their commitment to workplace safety, with King Arthur Flour of Norwich taking the top award for large companies. Ryegate Associates in East Ryegate and Curtis Lumber...
Best Performing Mid-Sized Commercial Insurers: SNL
May 19 2011 // Medical malpractice insurers rank high when it comes to best performers in the mid-sized commercial insurance arena. Medical liability insurers placed in eight of the top 20 slots, according to SNL Financial’s...
Missouri Employers Mutual Puts CEO Wilson on Leave
May 19 2011 // Missouri Employers Mutual Insurance Co. has put its president and CEO, former Gov. Roger Wilson, on administrative leave. Board Chairman Jim Owen will head the firm on an interim basis, the company reported. Headquartered...
CMR Risk & Insurance Receives Employer of the Year Award
May 18 2011 // San Diego Insurance Women, an affiliate of the National Association of Insurance Women, International, has presented the Employer of the Year award to CMR Risk & Insurance Services Inc. This award is given each year to...
Liberty Mutual Continues UK Commercial Lines Expansion; Hires Personnel
May 16 2011 // After launching its drive into the UK’s commercial lines mid-market in March, Liberty Mutual Insurance, the Commercial Lines operation of Liberty Mutual Insurance Europe Limited, has announced several new staff...
Survey: Commercial Lines Prices Fall 3% in Q1
May 16 2011 // Commercial property/casualty pricing declined again with an average decline of 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down. The market...
Florida Deregulates More Commercial Lines
May 16 2011 // Commercial insurers in Florida will have more leeway in setting rates on a number of lines of insurance under a bill approved by state lawmakers. The Florida legislature approved CS/HB 99 that expands the list of...
