Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Arrowhead Announces Workers’ Compensation & Commercial Division Executive Appointments
Feb 26 2010 // San Diego, CA, 02/26/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of top rated insurance programs, is pleased to announce executive management level promotions. These changes are effective...
Employers Holdings Reports Net Income of $11.3 Million
Feb 25 2010 // Employers Holdings Inc. reported fourth quarter 2009 net income of $11.3 million compared with $15.9 million in the same period in 2008, a decrease of $4.6 million. Pre-tax income in the fourth quarter increased $13.8...
Indiana House Votes to Repeal Tax Hike on Employers
Feb 25 2010 // The Indiana House has passed legislation that would repeal an increase on taxes that employers pay into the state’s unemployment insurance fund, which is deeply in debt to the federal government. The...
Peeters Joins Main Street America as VP Commercial Lines
Feb 23 2010 // The Main Street America Group announced that Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, has joined The Main Street America Group as...
A.M. Best Reports a Stable U.S. Commercial Lines Sector
Feb 23 2010 // Despite soft market conditions, the anticipation of less favorable loss reserve releases and a contracting economy, the U.S. commercial lines insurance market remains relatively stable. According to A.M. Best, while the...
IRS, States Target Employers’ Use of Independent Contractors
Feb 16 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...
Employers Holdings To Report Q4, Annual Earnings on Feb. 25
Feb 16 2010 // Reno, Nev.-based Employers Holdings Inc. announced it will review the company’s fourth quarter and full year 2009 financial results during a conference call and Webcast on Febr. 25, 2010, at 10:30 a.m. PST. The...
EMEA Commercial Insurance Market ‘Stable’ Says Marsh Report
Feb 16 2010 // A new report from Marsh has concluded that “despite the global recession, the commercial insurance market remained stable in the second half of 2009. This provided many organizations across Europe, the Middle East...
Increase in Commercial Rates Proposed for Louisiana Citizens
Feb 16 2010 // The board of Louisiana Citizens Property Insurance Corporation will vote in March on a proposed increase for commercial policy holders that will average 4.57 percent. Insurance Commissioner Jim Donelon told The...
Cunningham to Head Travelers Business Insurance Division
Feb 9 2010 // Travelers has promoted Bill Cunningham to executive vice president of its Business Insurance segment effective March 1. Cunningham began his career with Travelers in 1987 in Commercial Accounts and has held a number of...
Gray-Stone & Co. Adds New Commercial Package Policy
Feb 5 2010 // Thousand Oaks, Calif.-based Gray-Stone & Co. is offering a new commercial package policy for California. Written on admitted paper, the carrier is rated “A-” XI by A.M. Best. The commercial package policy...
Great American Names Coordinator for Multi-Employer Fiduciary Liability
Feb 2 2010 // Great American Insurance Group’s Executive Liability Division (ELD), based in Schaumburg, Ill., appointed Synergy Professional Associates of Kinnelon, N.J., as its national production coordinator for...
Commercial General Liability Policy Covers ‘Blast’ Faxes: Florida Court
Feb 2 2010 // Commercial general liability (CGL) insurance policies generally cover liability for unsolicited “blast faxes” that violate federal law, a Florida court has ruled. The Supreme Court of Florida issued its ruling...
Washington Workplace Violence-Related Deaths Climbed in 2009
Feb 2 2010 // The slayings last year of six law enforcement officers, as well as several workplace suicides, caused deaths due to workplace violence to spike upward in Washington State, the Department of Labor & Industries (L&I)...
Two Execs Join Zurich’s Energy Casualty Business Unit
Jan 29 2010 // Insurer Zurich said it is expanding its presence in the U.S. energy casualty insurance market by adding two new executives to its Commercial Energy Casualty business unit. Greg Cropp, vice president of Energy Excess...
North Carolina Reported 34 Workplace Deaths in 2009
Jan 27 2010 // State regulators say there were 34 accidental workplace deaths in North Carolina last year. The numbers released by the North Carolina Department of Labor show that accidental workplace fatalities dropped from 57 in 2008....
Business Risk Exclusion Means No Coverage for Toppled Conn. House
Jan 21 2010 // The Hanover won’t have to pay $26,000 in claims on behalf of a Connecticut contractor who accidentally knocked over the house he was working on, a Connecticut Superior Court has ruled. The decision comes from a...
Arrowhead General Insurance Offers Commercial Package in Calif.
Jan 14 2010 // Arrowhead General Insurance Agency of San Diego has a new commercial package available in Cailfornia. As part of the commercial contractor suite of products, the Commercial Package product offers more than 170 eligible...
Small Businesses at Risk: A Growing Market for Employment Practices Liability Coverage
Jan 10 2010 // Small business owners are at risk from employment-related charges and lawsuits. Workplace discrimination claims are at an all-time high and small business owners feel vulnerable. Yet, although a recent survey showed that...
Richardson Named State Auto Middle Markets Western Region VP
Jan 6 2010 // Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and...
