Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Insurance Prices Up 7% in Q4 2012: Towers Watson
Mar 11 2013 // Commercial insurance prices rose by almost seven percent in aggregate during the fourth quarter of 2012, marking the eighth consecutive quarter of price increases and the fourth showing increases across every line...
Snapshot: Who Are America’s Small Business Entrepreneurs?
Mar 11 2013 // About one-third of America’s entrepreneurs are women, many are between the ages of 30 and 49, and 60 percent spent more than six months working on their business idea before forming their entity. More than four out...
No Quick Savings from Workplace Wellness for Employers: Study
Mar 8 2013 // Your bosses want you to eat your broccoli, hit the treadmill and pledge you’ll never puff on a cigarette. But a new study raises doubts that workplace wellness programs save the company money. In what’s being...
Marsh Creates Large, Mid-Size Corporate Division in UK & Ireland
Mar 7 2013 // Marsh has announced a new corporate division within its UK & Ireland business. Bringing together its National Corporate and Risk Management Practices across the region as well as Marsh Risk Consulting, the corporate...
Large Employers to Keep Health Insurance Benefit for Now: Survey
Mar 7 2013 // Most large employers don’t expect to send their full-time employees to government health exchanges for insurance during the next five years, but some retirees and part-time workers will end up there, a new survey has...
Maine’s Cross Insurance Appoints Vice President of Commercial Lines
Mar 6 2013 // Cross Insurance, a subsidiary of Bangor, Maine-based Cross Financial Corp. and one of the largest independent insurance providers in New England, hired Michael Dufour as vice president of commercial lines at the...
Small Businesses Hit With Data Breach Often Fail to Notify Customers: Survey
Mar 6 2013 // While more than half the U.S. small businesses experienced at least one data breach, just one-third of those firms notified individuals that their personal information had been compromised, a new survey...
U.S. Commercial Lines Rates Up 4% in February: MarketScout
Mar 6 2013 // Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed. The U.S. commercial insurance rate index, published by MarketScout, shows...
Connecticut Workplace Injury Cases Up 11% to 50,600 in 2011
Mar 5 2013 // The U.S. Department of Labor says the number of workplace injuries in Connecticut jumped 11 percent in 2011 over the previous year and that the rate of injury is among the highest in the country. The Bureau of Labor...
Workplace Bullying Emerging As Major Employment Liability Battleground
Mar 4 2013 // Margaret Fiester is no shrinking violet, but she says working for her former boss was a nightmare. “One day I didn’t do something right and she actually laid her hands on me and got up in my face and started...
Snapshot: Who Are America’s Small Business Entrepreneurs?
Feb 28 2013 // About one third of America’s entrepreneurs are women, many are between the ages of 30 and 49, and 60 percent spent more than six months working on their business idea before forming their entity. More than four out...
Trinity Underwriting Managers Announces Commercial Auto Program
Feb 26 2013 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has expanded its commercial auto capabilities. TUMI has established a relationship with an “A” rated carrier that underwrites...
Employers Underestimate True Cost of Complying with Healthcare Reform: Willis
Feb 25 2013 // The majority of employers seek to avoid cost increases for their group health plans. However, more than half have not put pen to paper to calculate the cost of healthcare reform, according to a survey by the Willis Human...
163K Nonfatal Workplace Injuries, Illnesses Reported by N.Y. Private Employers in 2011
Feb 14 2013 // Almost 163,000 nonfatal workplace injuries and illnesses were reported among New York private industry employers in 2011, according to data published today by the U.S. Bureau of Labor Statistics. That number translates to...
Insurer to Take 31,000 Commercial Wind Policies from Florida’s Citizens
Feb 14 2013 // Florida’s state-backed property insurer has approved a plan to shift 31,000 commercial wind-only policies to a new private insurer. The board of Citizens Property Insurance Corp. approved the plan earlier this week....
Court Grants Indiana Employer Relief from Contraceptive Coverage Mandate
Feb 12 2013 // An Indiana company has won temporary court relief from having to provide its employees with coverage for contraceptives and other birth-control procedures, as mandated under the 2010 healthcare overhaul. By a 2-1 vote, a...
10 Things to Know About the Commercial Auto Market
Feb 11 2013 // The commercial auto segment saw an underwriting loss in 2011 for the first time in nine years, with a combined ratio of 103.6 percent, according to a special report on the U.S. commercial auto insurance industry published...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Feb 11 2013 // Rates for commercial lines insurance will continue to rise in 2013, thanks to above average losses, low investment returns and receding reserve releases. However, according to a report by Marsh, traditional signs of a...
Ohio Employers Want $860M from Work Comp Bureau After Ruling
Feb 4 2013 // Attorneys for employers who won a ruling against the Ohio Bureau of Workers’ Compensation are asking the state to pay $860 million. The lawyers say there are 270,000 Ohio employers who are due restitution after a...
Kansas Bill Would Limit Employer Access to Applicants’ Social Media Accounts
Jan 31 2013 // Two Kansas lawmakers are seeking support for a measure that would limit employers’ access to job applicants’ social media accounts. Rep. Gail Finney and Sen. Oletha Faust-Goudeau, both Democrats, back measures...
