Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Wyoming House Sends Workplace Safety Bill To Governor
Mar 9 2012 // A proposal aimed at increasing workplace safety in Wyoming through voluntary inspections is on its way to Gov. Matt Mead. The Wyoming Tribune Eagle reported that the Senate gave final approval to the bill on Wednesday. The...
Aces Commercial Insurance Services Announces New Contractor GL Online Rate, Quote, & Bind Program
Mar 8 2012 // Costa Mesa, CA, 03/06/12 – Aces Commercial Insurance Services, a leading GA/Wholesale brokerage specializing in general liability markets, announces the launch of a new online, rate, quote, & bind program. The new...
N.Y.-based Preferred Concepts Names VP to Lead Online Business Unit
Mar 5 2012 // Preferred Concepts LLC, a national insurance program administrator and specialty broker, appointed Georgeanna Munger as vice president to manage the company’s ezumbrella.com business unit. Georgeanna Munger Munger...
Social Recruiting: Branding Your Company as an Employer of Choice
Mar 5 2012 // Seventy-nine percent of companies are already using or planning to use social media in their business strategy. The No. 1 benefit organizations attribute to social media is increased awareness among target customers. Yet...
Workers’ Comp Surcharge Cost Burden to N.Y. Employers: Study
Mar 1 2012 // The assessment surcharge added to workers’ compensation costs for New York employers is increasingly becoming a burden for businesses, according to a new study. In New York State, the assessment surcharge is...
Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched
Feb 29 2012 // The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based...
Auditor Questions Tax-Exempt Status of Missouri Employers Mutual
Feb 28 2012 // Releasing an audit of a tax-exempt workers’ compensation insurer in Missouri, State Auditor Tom Schweich called for the legislature to investigate whether its tax-exempt status should be retained. Schweich released...
Workplace Bullying Could Become Safety Violation in Hawaii
Feb 27 2012 // Bullying, abuse and verbal harassment in the workplace may cause employees physical and psychological harm. That’s part of the rationale behind a proposal in Hawaii to make abusive conduct against an employee an...
Wisconsin Assembly Ends Workplace Discrimination Awards
Feb 23 2012 // The Wisconsin State Assembly has passed a bill that would put an end to punitive and compensatory damages for workplace discrimination. Currently, workers can file discrimination complaints with the state Department of...
Missouri House Approves Workplace Discrimination Bill
Feb 13 2012 // Despite several lawmakers voicing fears about reversing decades of hard-fought civil rights gains, the Missouri House approved a measure that would change the rules for workplace discrimination cases heard in state...
Hanover Posts $49M Q4 Profit; Pricing Improved in Commercial Lines
Feb 10 2012 // The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full...
Mississippi College Appeals Workplace Retaliation Award
Feb 8 2012 // A federal appeals court has scheduled arguments on Hinds Community College’s appeal of a workplace retaliation case. In 2010, the school was ordered to pay a former professor $345,020 after a federal jury found she...
Mercury Insurance Launches Commercial Auto Product
Feb 7 2012 // Mercury Insurance has introduced a commercial auto product that offers agents a new point-of-sale system that makes it easy to rate, qualify and issue new business, as well as online service capabilities. The new product...
Former Cal-OSHA Chief Defends Workplace Safety Program
Feb 6 2012 // The former chief of the California Occupational Safety and Health Division defended its Injury’s Illness Prevention Program following a study by think tank RAND Corp. showing the occupational safety program that...
Tougher U.S. Commercial Market Conditions in 2012: Marsh
Feb 6 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh. Substantial...
U.S. Offers Small Businesses Free Cyber Security Tool
Feb 6 2012 // The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool. The Small Biz Cyber Planner allows business owners to create customized cyber security...
Employers’ Alert
Feb 6 2012 // Leading employment law firm Seyfarth Shaw LLP has issued its annual Workplace Class Action Litigation Report. The report, written by Seyfarth Shaw partner Gerald L. Maatman Jr., examines 976 class action decisions rendered...
Missouri Senator Delays Workplace Discrimination Vote
Feb 3 2012 // A black senator from St. Louis area who said she was fearful of reversing decades of hard-fought civil rights gains held the Missouri Senate floor for hours on Feb. 1 while vowing to block a vote on legislation changing...
Study: California Workplace Safety Program Only Superficially Enforced
Feb 1 2012 // An occupational safety program that requires California businesses to eliminate workplace hazards only works when it’s adequately enforced. That revelation comes from Santa Monica, Calif.-based think tank RAND Corp.,...
Florida Firefighters Win Workplace Retaliation Claim Against Union, County
Feb 1 2012 // A federal jury has awarded $189,000 to two Tampa Bay area firefighters in a workplace retaliation case. The Tampa Bay Times reported that most of this week’s verdict was assessed against the International Association...