Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
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...
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...
