Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Insurance Markets Looking Favorable for Buyers in 2014: Marsh
Feb 7 2014 // The ample capacity and competition that helped temper firming of U.S. commercial insurance rates in 2013 is expected to continue into 2014, unless catastrophe losses turn out higher than expected, according to a report by...
Nevada Gold Mine Criticized for 61 Workplace Safety Violations
Feb 2 2014 // An assistant U.S. secretary of labor is criticizing a Nevada gold mine for failing to protect its workers after federal inspectors issued 61 citations and orders for health and safety violations at Elko County’s...
Labor Dept.: N.Y. Employers Reported 146K Workplace Injuries, Illnesses in 2012
Jan 31 2014 // The U.S. Labor Department says New York private industry employers reported about 146,000 nonfatal workplace injuries and illnesses in 2012. That translates to 2.5 cases per 100 full-time workers. The agency says New York...
Pot Workplace Law Will Get Review From Colorado Supreme Court
Jan 30 2014 // Pot may be legal in Colorado, but you can still be fired for using it. Now Colorado’s Supreme Court has agreed to review a marijuana-related firing in a case that could have big implications for the state’s pot...
N.J. Commissioner Offers Insurance Purchasing Tips for Small Businesses
Jan 30 2014 // Making the right insurance choices can have significant impact on the small business owner’s operation costs. With that in mind, New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski offered some...
Analysts Weigh In on Travelers Earnings, Commercial Lines Pricing Trends
Jan 27 2014 // The Travelers Cos.’ earnings, one of the first major insurance earnings to be reported each quarter, are often closely observed by industry participants as a bellwether for marketplace trends. And the company’s...
AssuredPartners Enters West Virginia, Acquiring Commercial Insurance Services
Jan 24 2014 // Florida-based AssuredPartners Inc. said it has completed the acquisition of Commercial Insurance Services through its newly formed operation AssuredPartners of West Virginia. Terms were not disclosed. The Commercial...
New Tax Deduction Available to Ohio Small Businesses
Jan 22 2014 // The state tax commissioner is reminding Ohio small-business owners that they may be eligible for a recently enacted tax deduction. In an alert issued on Jan. 21, Commissioner Joe Testa urged taxpayers to visit the Ohio...
SIAA Names Tombarelli to Small Commercial Lines Post
Jan 8 2014 // Steve Tombarelli SIAA (Strategic Insurance Agency Alliance) has named Steve Tombarelli to the newly-created position of national director of Business Insurance Advantage. “We recognize that small commercial lines are...
Dileo Promoted to Sr. VP at Louisiana-Based Stonetrust Commercial Insurance
Jan 5 2014 // Michael G. Dileo has been promoted to the position of senior vice president of operations at Louisiana-based regional workers’ compensation underwriter Stonetrust Commercial Insurance Co. Dileo has almost 25 years of...
Business Risk Partners Hires 3 Underwriters in Connecticut
Dec 22 2013 // Business Risk Partners, a Windsor, Conn.-based managing general agency focused on specialty commercial insurance, recently added three new underwriters. Elizabeth Chapin Martinelli was hired as a miscellaneous professional...
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...
