Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Lines Price Gains Slowing Down
Dec 12 2013 // Price gains are slowing down after commercial insurance prices increased for the 11th straight quarter, rising by 5 percent in aggregate during third-quarter 2013, according to Towers Watson. The professional services...
Commercial Lines Price Gains Slowing Down: Towers Watson
Dec 10 2013 // Even though commercial insurance prices increased for the 11th straight quarter—rising by 5 percent in aggregate during third-quarter 2013—price gains are slowing down, according to Towers Watson. According to The...
Family of Minnesota Man Who Died in Workplace Fall Sues
Dec 9 2013 // The family of a worker who died in a fall at a grain facility in Buffalo Lake, Minn., has filed a wrongful death lawsuit. Andrew Burnett, 28, of New Ulm, died Oct. 27, 2012, when he fell about 60 feet while working at the...
Nordquist to Lead Wells Fargo Insurance Small Business, Personal Lines Unit
Dec 5 2013 // Wells Fargo & Co. promoted Laurie Nordquist to head of the unit providing insurance to individuals and small businesses, replacing Anne Doss, the executive who died in August at age 56. Nordquist, 54, will lead a team...
Workplace Fatalities Up in North Dakota, Stay the Same in South Dakota
Dec 4 2013 // Workplace fatalities in North Dakota last year totaled 64, up 20 over the year. In South Dakota, workplace fatalities last year totaled 31, unchanged from the previous year. The federal Bureau of Labor Statistics says...
Workplace Injuries Drop in North Carolina
Dec 4 2013 // The rate of injuries or illnesses at work has dropped in North Carolina. The North Carolina Department of Labor reported that fatalities dropped from 53 in 2011 to 35 in 2012. The rate of injuries or sickness dropped last...
TWFG Acquires Ward Business Insurance
Dec 3 2013 // The Woodlands, Texas-based TWFG has acquired Ward Business Insurance, located in the Kingwood/Humble, Texas area. TWFG’s proprietary agency systems will be installed into Ward Business and the company will merge into...
Obamacare’s Small Business Exchange Site Delayed 1 Year
Dec 1 2013 // Small businesses won’t be able to use the federal government’s health insurance website until November 2014 in most U.S. states, the latest delay for the Obama administration’s health-care system...
Dallas Employers Face $97K in Penalties Following Forklift Deaths
Nov 25 2013 // The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Georg Fischer Central Plastics LLC and Nationwide Plastics Inc. for 16 safety and health violations at the plastic manufacturing...
Illinois Employer to Pay $10K Penalty for Lack of Workers’ Comp Insurance
Nov 21 2013 // An uninsured employer in Illinois has pled guilty to a Class 4 felony for refusing to obtain workers’ compensation insurance, the Illinois Workers’ Compensation Commission announced. John Linek, individually...
Safenet Commercial Insurance Agency Welcomes Geisler as Senior VP
Nov 20 2013 // Kristin Taylor Geisler has joined St. Paul, Minn.-based Safenet Commercial Insurance Agency as a senior vice president. Geisler has many years of experience in different fields including financial services, insurance and...
Texas Workplace Injury, Illness Rate Again Below U.S. Rate
Nov 19 2013 // The Texas incidence rate of nonfatal injuries and illnesses in private industry was 2.7 cases per 100 equivalent full-time workers in 2012, below the national rate of 3.4, the Texas Department of Insurance – Division...
Survey: Colorado Employers Seeing 10.9% Hike in Health Plans
Nov 14 2013 // It may still be considered the leanest state and among the nation’s healthiest, but Colorado employers are seeing a large increase in the cost of medical benefits in the coming year, a survey released on Thursday...
Capital Insurance Group Launches EPL Coverage for Employers, Small Businesses
Nov 14 2013 // Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released a comprehensive employment practices liability Insurance (EPLI) product for organizations with up to 250...
Atlas General Insurance Services Recognized as a Top Workplace and a Medallion Winner in the Workplace Excellence Awards by the U-T San Diego and the San Diego Society for Human Resource Management
Nov 13 2013 // San Diego, CA, 11/13/13 – Atlas General Insurance Services is pleased to announce that it has been selected as a winner in the small business category in the First Annual U-T San Diego Top Workplaces Awards. Atlas has...
Small Business Insurance Provider AssureStart to Launch in Texas
Nov 8 2013 // Madison, Wis.-based American Family Insurance is partnering with Seattle-based start-up, AssureStart, to sell small business insurance online to Texas businesses beginning in mid-November. After launching in Texas,...
Senate Expected to Pass Gay Workplace Rights Bill Opposed by House
Nov 7 2013 // Most employers would be banned from firing, demoting or refusing to hire workers because of their sexual orientation or gender identity under legislation in line for action today in the U.S. Senate. The measure, known as...
Maryland’s Chesapeake Employers: Business as Usual for Policyholders, Agents
Nov 1 2013 // Maryland’s largest writer of workers’ compensation insurance and the insurer of last resort adopted a new name and a new corporate structure in October. The 99-year-old Injured Workers’ Insurance Fund...
ProWriters Launches Small Business Online Quoting Platform
Oct 29 2013 // ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small...
Ohio Public Employers to See Lower Workers’ Comp Rates
Oct 25 2013 // The Ohio Bureau of Workers’ Compensation board of directors has approved an average rate reduction of 1.6 percent for public employer taxing districts. The BWC said the change will result in Ohio’s 3,900...
