Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Florida Approves More Policy Takeouts at Citizens; Also OKs Commercial Rate Hikes
Oct 23 2012 // Florida regulators announced that two property insurance companies have been approved to take out up to 100,000 policies from the state-backed insurer in December, adding to the 210,000 policies already slated for removal...
WorkCompOne Launches Coverage Website for Small Business Owners
Oct 17 2012 // WorkCompOne, an online insurance destination, has launched a new website focused on serving small business owners. “Main street retailers and professional service providers, such as accounting, legal, engineering and...
Top 25 Workplace Harassment, Bias Settlements
Oct 16 2012 // In honor of National Boss Day, eBossWatch, which enables people to anonymously rate their bosses and evaluate potential employers, has released a study on workplace harassment and discrimination charges that is says are...
Mobile Device Explosion in the Workplace Creates Need for Heightened Security
Oct 16 2012 // Mobile devices have taken the workplace by storm, but the proliferation of these devices has created a new set of security challenges. After a number of high-profile data breaches and “hacktivist” incidents...
Brown & Brown Boosts Earnings in Q3, Sees Middle Market Improving
Oct 16 2012 // Florida-based national insurance broker Brown & Brown Inc. reported that net income for the third quarter of 2012 was up 12.1 percent to $49.5 million over the same quarter in 2011. J. Powell Brown, president and chief...
Schinnerer Adds Small Business Miscellaneous E&O Policy
Oct 11 2012 // Victor O. Schinnerer & Co., a managing general underwriter, is adding to its professional liability offerings with a new miscellaneous professional liability (MPL) insurance program for small businesses. Schinnerer...
Paychex, Employers to Provide Work Comp to Small Businesses
Oct 11 2012 // EMPLOYERS has entered into an agreement with Paychex Insurance Agency, Inc. to provide small businesses the opportunity to acquire and pay for workers’ compensation insurance when they process payroll through...
Health Plan Cost Rate Hikes Lower for Large Employers in 2012: Aon
Oct 3 2012 // In 2012, large U.S. companies and their employees saw the lowest health care premium rate increases in six years, according to an analysis by Aon Hewitt, the global human resources firm. The average health care premium...
Supreme Court to Hear Employer Liability, Class Certification in New Term
Oct 1 2012 // The U.S. Supreme Court has agreed to review close to 40 cases in its new term that begins on Monday, roughly half the number the court is expected to hear this year. Below are some of the more prominent cases that the...
Employer Costs for Employees Lowest in South, Highest in Northeast
Sep 28 2012 // Total employer costs for employees in private industry ranges from $26.14 per hour in the South to $32.98 in the Northeast. According to U.S. Bureau of Labor Statistics, the same costs are $28.06 in the Midwest and $30.01...
Indiana Workplace Deaths Up 3% Last Year
Sep 26 2012 // A new report says the number of people dying on the job in Indiana rose to 122 last year from 118 the year before. The Indiana Department of Labor released preliminary data on workplace deaths for 2011 on Sept. 24. The...
Employers Weighing Exchanges for Individual Retiree Health Plans: Aon
Sep 26 2012 // Most employers are reevaluating their retiree health care strategy and are considering strategies that open access to the individual Medicare plan market through health care exchanges, according to a new survey by Aon...
Become an Employer of Choice: Rewards and Recognition in the Workplace
Sep 24 2012 // If you’re in a hiring or management position, you already know skilled talent is in short supply and competition is high. Whether you’re looking for a seasoned professional or a recent grad, the best and...
Commercial Lines Pricing Jumped 6% in Q2: Towers Watson
Sep 24 2012 // Commercial insurance prices experienced the largest rise in eight years, a new industry survey reveals. In aggregate, commercial lines pricing jumped by 6 percent during the second quarter of 2012, the sixth consecutive...
Workplace Injuries Less Likely Where Employers Provide Paid Sick Leave
Sep 21 2012 // Workers with access to paid sick leave are 28 percent less likely overall to suffer nonfatal occupational injuries than workers without access to paid sick leave, according to a National Institute for Occupational Safety...
More Employers Offering Consumer-Driven Health Plans: Survey
Sep 17 2012 // Consumer-driven health plans (CDHPs) have surpassed health maintenance organizations to become the second most common plan design offered by U.S. employers, according to a survey from Aon Hewitt. Preferred provider...
Premiums for Employer-Sponsored Family Health Plans Rose 4% This Year: Kaiser
Sep 11 2012 // Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up four percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to a new report...
Commercial Lines Pricing Jumps 6% in Q2: Towers Watson
Sep 10 2012 // Commercial insurance prices experienced the largest rise in eight years, a new industry survey reveals. In aggregate, commercial lines pricing jumped by 6 percent during the second quarter of 2012, the sixth consecutive...
Court Rules Employers Must Reassign Disabled Workers to Vacant Jobs
Sep 10 2012 // A federal appeals court has revived an Equal Employment Opportunity Commission lawsuit against United Airlines Inc., and said U.S. law generally requires employers to reassign disabled workers to vacant jobs for which they...
GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y.
Sep 10 2012 // Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium rates for many risks. Commercial insurance packages cover the cars, trucks and vans used by small...
