Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
SBA: Small Businesses Provide Nearly 55% of Private-Sector Jobs in Louisiana
Mar 15 2011 // The U.S. Small Business Administration reports that in 2008 nearly 400 thousand small businesses were operating in Louisiana, representing 97.4 percent of the state’s employers. A report released in February by the...
Georgia Court Rules Commercial Liability Policy Covers Faulty Work
Mar 10 2011 // A general contractor can recover from its subcontractor’s insurers for the cost of repairs for damage to surrounding property resulting from the subcontractor’s faulty workmanship, the Georgia Supreme Court has...
RCM&D Buys TRION’s Commercial P&C Division
Mar 10 2011 // Baltimore-based Insurance broker RCM&D acquired the commercial property and casualty insurance division of Philadelphia-based TRION Inc. and has opened a Philadelphia regional office to serve clients throughout...
Oregon Workplace Injuries Decline More Than 50%
Mar 9 2011 // Seventeen people covered by Oregon’s workers’ compensation system died on the job during 2010, the Department of Consumer and Business Services (DCBS) announced. The total represents an all-time low in Oregon...
Progressive Extends Pet Injury Coverage to Commercial Auto Customers’ Pets
Mar 8 2011 // Business owners can now protect their dogs and cats with Progressive’s free Pet Injury coverage. How it works: If a dog or cat is hurt in a vehicle accident, Progressive will pay vet bills up to $1,000. Key Points:...
Missouri House Votes to Change Workplace Discrimination Laws
Mar 7 2011 // The Missouri House passed legislation that could make it more difficult for employees to win workplace discrimination lawsuits. The legislation, approved by a 95-59 vote, would require people to prove that discrimination...
Missouri Senate Endorses Change in Workplace Bias Law
Mar 4 2011 // Legislation revising parts of Missouri’s laws on workplace discrimination is moving through the state Senate. The chamber gave first-round approval to a bill changing the legal standard people must meet when they...
Wyoming Senate Kills Workplace Gun Bill
Mar 3 2011 // A Wyoming legislative committee has killed a bill that would have barred employers in the state from prohibiting their workers from keeping guns in their vehicles at the workplace. The Senate Transportation Committee voted...
Midwest Employers Casualty Creates Healthcare Risk Management Practice
Mar 1 2011 // St. Louis, Mo.-based workers’ compensation excess insurer, Midwest Employers Casualty Co. (MECC), announced it has launched a Healthcare Risk Management Practice. MECC said it created the Healthcare Risk Management...
Missouri House Votes to Change Workplace Discrimination Laws
Feb 27 2011 // The Missouri House has passed legislation that could make it harder for employees to win workplace discrimination lawsuits. The legislation, approved by 95-59 vote, would require people to prove that discrimination was the...
PartnerRe Makes Changes in Catastrophe Business Unit
Feb 25 2011 // Bermuda-based PartnerRe Ltd. Has announced leadership changes in its Catastrophe business unit, effective April 1, 2011. Brian Secrett, currently Chief Underwriting Officer and Deputy Head, Catastrophe, has been appointed...
Calif. Workers’ Comp Web Site To Verify Employers’ Insurance
Feb 25 2011 // The California Office of Administrative Law has approved new regulations for creating a Web site that will allow people to verify employers have workers’ compensation insurance coverage, and for employers to dispute...
Employers Holdings Reports Q4 Income of $20M
Feb 24 2011 // Reno, Nev.-based Employers Holdings Inc. has reported fourth quarter net income of $20.1 million compared with $11.3 million in the fourth quarter of 2009, an increase of $8.9 million in net income. The company said net...
Signature Select Adds Tolliver in Commercial Lines Practice
Feb 23 2011 // Denver-based Signature Select LLC, a retail insurance broker subsidiary of The IMA Financial Group Inc., today announced that it has expanded its commercial lines insurance practice in Denver and added Jim C. Tolliver as a...
Medical Marijuana Raises Workers’ Comp, Liability Issues for Employers
Feb 21 2011 // Fifteen states and the District of Columbia currently have laws that approve medical marijuana as a medical treatment option, which has increasingly important implications in the workplace. Arizona voters recently passed...
Safer Workplaces, But Older Workforce
Feb 21 2011 // Looking ahead for workers’ compensation in the coming decades, we see the best of times and the worst of times. On the positive side, workplaces have never been safer and the frequency of reported injuries has been...
Economy, Expenses, Employers’ Clout Likely to Discourage Major Changes to System
Feb 21 2011 // I begin with the following assumptions: The economic situation at the state and federal level will continue — if not worsen — over the next two to five years and unemployment will remain high before falling into the...
Washington Workplace Fatalities Climb 32%
Feb 18 2011 // Workplace deaths in Washington state climbed in 2010, with 86 men and women killed due to job-related trauma, according to a report on work-related fatalities by the Department of Labor & Industries (L&I). The...
Mood on Main Street: Agents on Hardest Hit Small Businesses
Feb 17 2011 // Agents across the country — except in Texas and neighboring states — agree that construction and related trades have been hardest hit by the recession. Restaurants appear to be the second hardest hit. In terms of lines...
Business Risk Partners Launches Combo GL, E&O Coverage for Home Inspectors
Feb 16 2011 // Business Risk Partners is now offering general liability coverage to home inspector firms that purchase errors & omissions insurance. Bundling the two products addresses the increasingly grey areas between GL and...
