Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Liberty Mutual Enhances Commercial Umbrella Policy
Oct 25 2010 // Enhanced coverages, the need for fewer endorsements, and language that is easier to understand are some of the key ingredients of the new umbrella liability policy now available through Liberty Mutual’s Commercial...
CNA Middle Market Expands Manufacturing Unit
Oct 22 2010 // Chicago-based insurer CNA announced investments in its CNA Middle Market Manufacturing segment. The company said the investments will provide CNA’s producers with national support as well as access to products,...
Employers Names Betts VP of IT Infrastructure and Operations
Oct 21 2010 // Reno, Nev.-based Employers has named Craig D. Betts vice president of IT infrastructure and operations. With a career spanning over 20 years, Betts joins the company from Nevada Energy, where he provided critical IT...
Private Insurers Eligible for Small Business Export-Credit Reinsurance
Oct 19 2010 // Private sector insurers that provide short-term export-credit insurance covering foreign receivables to U.S. exporters are now eligible for reinsurance from the Export-Import Bank of the United States (Ex-Im...
Workplace Deaths Decline in New York City
Oct 18 2010 // The recession and slowdown in construction activity in New York City had a silver lining last year: A reduction in workplace deaths. The federal Bureau of Labor Statistics reported that there were 63 workplace fatalities...
Feds Criticize North, South Carolina on Workplace Safety
Oct 18 2010 // Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. Jordan Barab of the Occupational Safety and Health...
Commercial Lines Leaders
Oct 18 2010 // About the Commercial Lines Leaders: The 2010 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Indepdendent Agencies as reported in August. This list...
10 Things to Know About Commercial Property Insurance
Oct 18 2010 // 1. Flood Coverage Flood coverage is NOT included in the Commercial Property Package (CPP). 2. Vacant v. Unoccupied “Vacant” and “unoccupied” are not synonymous in the CPP. A building or unit can be...
Employers Should Consider ‘Increased Risk Test’ When Evaluating Workers’ Comp Benefits
Oct 14 2010 // The Nevada Supreme Court has ruled that although employers are not “absolutely liable” when employees are injured “on the job,” companies should apply the “increased risk test” to...
Workplace Deaths Decline in New York City
Oct 8 2010 // The recession and slowdown in construction activity in New York City had a silver lining last year: fewer workplace deaths. The federal Bureau of Labor Statistics reported that there were 63 workplace fatalities in the...
Chartis Expands XSEnhanced Commercial Umbrella to Grocers
Oct 6 2010 // Chartis has introduced XSEnhanced: Grocers, the fourth in the XSEnhanced suite of industry-specific commercial umbrella coverages developed by its Excess Casualty Division. XSEnhanced: Grocers addresses many of the unique...
Feds Say North, South Carolina Programs Weak on Workplace Safety
Oct 4 2010 // Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. The audit showed that both states impose weak...
It’s Now Easier to Sue Tennessee Employers Over Illegal Firings
Oct 4 2010 // The Tennessee Supreme Court has reversed precedent and made it easier for workers to sue their employers when they believe they were fired illegally. The court ruled 3-2 that employers must prove that workers’ claims...
16 Brokers to Use New Single-Entry Commercial Lines Insurance Exchange
Oct 4 2010 // Sixteen insurance brokerage firms have agreed to be the first to use a new Internet-based single entry submission system to transact commercial lines business with carriers, a system that will be made available to all...
Feds Threaten Hawaii Over Workplace Health-Safety
Sep 30 2010 // Federal labor officials want to suspend Hawaii’s authority over its workplace safety program, saying the state’s enforcement fails to meet even minimum expectations. If Hawaii will not give up its authority,...
Tennessee Court Makes It Easier to Sue Employers Over Illegal Firings
Sep 28 2010 // In a decision that some legal observers found surprising, the Tennessee Supreme Court has reversed precedent and made it easier for workers to sue their employers when they believe they were fired illegally. The court...
Liberty Mutual Adds Commercial Lines Service Centers for Agents
Sep 27 2010 // Liberty Mutual Agency Markets said that its agents can now use one of two commercial lines service centers to help with a range of services for policyholders. The centers – located in Ohio and Washington — will...
Official: Nebraska Workplace Shooter May Have Targeted Co-Workers
Sep 27 2010 // Three employees wounded in a recent shooting at a cold-storage warehouse in southeast Nebraska don’t appear to have been random victims, a prosecutor says. Saline County Attorney Tad Eickman told the Associated Press...
Willis Sets up Agri-Business Unit for Crop and Forestry Sectors
Sep 24 2010 // Hughes-Gibb, the specialist bloodstock, livestock and aquaculture division of Willis Group Holdings, announced that it is expanding its services to clients in agri-business. Broadening its expertise to include Crop and...
PartnerOne, Berkley Environmental Launch Small Business Program
Sep 23 2010 // PartnerOne Environmental, Beacon Hill Associates’ underwriting division, has established a partnership with Berkley Environmental, a Divisional of Berkley Specialty Underwriting Managers, servicing small to middle...