Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Atlas General Insurance Services, LLC, Named One of the Best Places to Work in Insurance in 2014 by Business Insurance
Sep 30 2014 // San Diego, Calif. (Sept. 30, 2014) – Atlas General Insurance Services, LLC, has been named one of the Best Places to Work in Insurance by Business Insurance. Atlas General was recognized for its excellence in providing a...
Ohio BWC Board Approves Additional $1B Rebate to Employers
Sep 26 2014 // Ohio employers will receive another $1 billion rebate and workers will benefit from a major new investment in worker safety research and training, according to the Ohio Bureau of Workers’ Compensation (BWC). The...
Top 10 Causes of Business Insurance Losses
Sep 22 2014 // Nearly 70 percent of business financial losses arise from 10 causes of loss, with the largest single identified cause being ship groundings, reflecting the high values of modern shipping risks, followed by fires and...
Rate Changes in Store for Louisiana Citizens Commercial Insurance Customers
Sep 22 2014 // Premiums for almost all of Louisiana Citizens Property Insurance Corp.’s commercial customers will increase an average of 2.3 percent beginning in February, under a proposed rate filing. But the 307 customers whose...
Chicago Rideshare Law Requires $1M Commercial Auto, $1M CGL Cover
Sep 22 2014 // Illinois Gov. Pat Quinn’s veto of legislation that would have implemented statewide regulation of commercial rideshare organizations, or transportation network companies (TNCs), put the spotlight on the Chicago...
Commercial Rates in Florida’s Citizens Going Up 3.3%
Sep 21 2014 // Rates for the almost 100,000 commercial property risks insured by Florida’s Citizens Property Insurance Corp. will rise an average 3.3 percent next February. The Florida Office of Insurance Regulation (OIR) has...
Oklahoma Plating Company Fined $341.5K for Workplace Safety Violations
Sep 19 2014 // Pride Plating Inc. in Grove, Okla., was cited on Sept. 4 by the U.S. Department of Labor’s Occupational Safety and Health Administration for exposing workers to cancer-causing health hazards from hexavalent chromium....
Allianz to Assume Fireman’s Fund Commercial Lines; Future of Personal Lines Uncertain
Sep 17 2014 // German insurance giant Allianz said it will absorb the commercial lines business of its U.S. subsidiary Fireman’s Fund Insurance Co. into one of its own global divisions. Meanwhile, after days of declining to...
Workplace Deaths Increase in Indiana in 2013
Sep 17 2014 // State officials say the number of workplace deaths in Indiana was up in 2013, but it was still the third-lowest number of fatalities recorded in the past 22 years. The Indiana Department of Labor reports the state had 123...
EMPLOYERS Launches Work-Related Injury Hotline for Florida Small Business Clients
Sep 16 2014 // Small business insurer EMPLOYERS has launched Coventry/NT24, a 24-hour hotline staffed by registered nurses who provide medical guidance over the phone for work-related injuries or illnesses. The service is available to...
Workplace Fatalities Declined 15% Last Year in Virginia
Sep 15 2014 // Labor officials say workplace deaths dropped in Virginia and nationwide last year. According to a preliminary report released by the U.S. Department of Labor, Virginia saw workplace fatalities decline 15 percent to 126 in...
How Cybercriminals Attack Small Businesses – and 10 Ways to Stop Them
Sep 15 2014 // At a recent “Hacker Lab” event, “white hat” hackers revealed how cybercriminals work — and what businesses can do to protect themselves. The multimedia presentation used a simulated small business...
Maguire Agency Adds Tretter as Commercial Lines Producer in Minnesota
Sep 11 2014 // Aaron Tretter Roseville, Minn.-based Maguire Agency, an independent insurance agency offering property/casualty, employee benefits and personal insurance lines, has added Aaron Tretter as a producer for its...
Millennials Aspire to Be Workplace Leaders; Seek Training: Survey
Sep 11 2014 // As the 80 million millennials (ages 18-33) start to play a larger role in the U.S. workplace, they aspire to lead in business in the next five years, according to a new survey. The Hartford’s 2014 Millennial...
University of Kentucky to Study Workplace Safety in Appalachia
Sep 9 2014 // A center at the University of Kentucky is receiving a five-year, $5 million grant to improve occupational health and safety in central Appalachia and Kentucky. UK said the region reports higher rates of occupational...
AssureStart Expands Online Small Business Insurance Sales to Four More States
Sep 8 2014 // AssureStart, the online small business insurance provider, is now open for business in Nevada, New York, Ohio and South Carolina. AssureStart sells business property and general liability insurance on the Internet...
Kentucky Employers’ Mutual Insurance to File for 5% Rate Reduction
Sep 5 2014 // Kentucky Employers’ Mutual Insurance (KEMI), the largest workers’ compensation insurer in Kentucky, announced that it plans to file for an overall rate reduction of 5 percent effective Jan. 1, 2015. KEMI said...
Chicago Rideshare Law Requires $1M Commercial Auto, $1M CGL Cover
Sep 2 2014 // Illinois Gov. Pat Quinn’s veto of legislation that would have implemented statewide regulation of commercial rideshare organizations, or Transportation Network Companies (TNCs), put the spotlight on the Chicago...
Small Commercial Lines: The Good, The Bad, The Ugly
Aug 27 2014 // Small commercial lines is suddenly the Cinderella of the insurance industry. Previously the unwanted step child turned beauty queen being courted, pursued, and being offered dowries for marriage. Dowries and marriage are...
Workplace Penalties Mounting Up for Illinois Roofing Contractor
Aug 20 2014 // Roofing contractor Juan Manuel Antonio-Martinez has been cited for three willful safety violations for exposing workers to fall hazards at two separate residential home sites in Savoy, Ill., on March 26, 2014, and April 9,...
