Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Obama Labor Chief Taking Aggressive Approach to Workplace Safety
Jan 5 2010 // Soon after she became the nation’s labor secretary, Hilda Solis warned corporate America there was “a new sheriff in town.” Less than a year into her tenure, that figurative badge of authority is...
Wyoming Judiciary Committee Rejects Workplace Safety Bill
Dec 6 2009 // Members of Wyoming’s Joint Judiciary Committee have voted down a measure that would have increased liability for oil and gas operators whose employees are injured in workplace accidents. Proponents of the bill, known...
Dallas-Area Employer Ordered to Repay Nearly $1M to Texas Mutual
Dec 4 2009 // Texas Mutual Insurance Company reports that Donna Iverson, owner of C&D Business Services Inc., and Carol Wiesman pleaded guilty to workers’ compensation fraud-related charges. The 299th District Court in Austin...
Feds Report Fewer Workplace Deaths in New England
Nov 23 2009 // New England recorded fewer work-related deaths last year, the U.S. Bureau of Labor Statistics reported Thursday, a trend that could be at least partly attributable to the economic downturn. Preliminary figures for the...
Wyoming Judiciary Committee Rejects Workplace Safety Bill
Nov 19 2009 // Members of Wyoming’s Joint Judiciary Committee have voted down a measure that would have increased liability for oil and gas operators whose employees are injured in workplace accidents. Proponents of the bill, known...
Business Roundtable Says Health Reform Must Contain Employer Costs
Nov 13 2009 // An influential business group said Thursday that its continued support for President Barack Obama’s healthcare overhaul hinges on whether it slows the soaring growth rate of healthcare costs. The Business Roundtable,...
Workplace Deaths Decline in Hawaii
Nov 13 2009 // A preliminary report by the U.S. Bureau of Labor Statistics says 18 people were killed on the job in Hawaii in 2008. That’s the third lowest number for the islands since the federal government starting tracking fatal...
International Excess Opens Agriculture Business Division
Nov 12 2009 // International Excess, headquartered in Cleveland, Ohio, has launched a new division dedicated to crop, farm and livestock insurance. Chuck Gabel, divisional vice president of International Excess Agribusiness, has...
Employers Cautioned to Beware of ‘Hostile’ Employees When Downsizing
Nov 10 2009 // As the economic downturn forces more companies to lay off workers, a workplace aggression expert at the University of New Hampshire cautions employers about what to do and not do when breaking bad news to employees and to...
Rate of Workplace Nonfatal Injuries, Illnesses Down in Texas for 2008
Nov 10 2009 // Private industry workplaces in Texas reported a total of 234,559 nonfatal injuries and illnesses during 2008. The incidence rate of 3.1 cases per 100 equivalent full-time workers marks the sixth consecutive year that the...
Insurance Agents Hit House Health Bill As Bad for Small Business
Nov 9 2009 // The leaders of the Independent Insurance Agents and Brokers of America (IIBA) are not pleased with the healthcare reform bill that was passed by the U.S. House of Representatives. The group is particularly opposed to the...
State Insurance Chiefs Urge Steps to Control Health Costs for Small Business
Nov 5 2009 // Lower profit margins, the downturn in the economy and significant premium increases are among the reasons small business employers have more difficulty than larger competitors affording insurance coverage for their...
Small Business Owners See Their Firms Leading Recovery Next 2 Years
Nov 2 2009 // Looking out 12 to 24 months, small business owners say their companies will emerge from the recession strong and well positioned for growth over the next two years, leading the U.S. to economic recovery. According to new...
Georgia Court Blocks ‘Stacking’ of Business Auto Policies
Nov 1 2009 // The Georgia Supreme Court has ruled that injured motorists are not entitled to maximize their coverage by combining commercial auto insurance policies on several vehicles to cover one accident, a tactic known as...
What Employers Need in Employment Practices Liability Insurance Today
Nov 1 2009 // Over the past 10 years, the number of employees filing individual discrimination charges against their employers has increased by 20 percent, resulting in $274.4 million in monetary benefits paid out in 2008, according to...
Legislation, Litigation: Double Whammy for Employers’ Liability
Nov 1 2009 // New Laws on Genetic Information, Data Breaches, Pay Discrimination Increase Employers’ Exposure New legislation has often brought new exposures to employers. This is also true of litigation. As 2009 proceeds, there...
Feds Say New York City Logged 90 Workplace Deaths in 2008
Oct 30 2009 // Construction continues to be a hazardous job for some workers in New York City. The federal Bureau of Labor Statistics reported this week that of the 90 fatal workplace injuries in the city in 2008, about a third involved...
Texas Mutual Recognizes Employers for Workplace Safety
Oct 28 2009 // Texas Mutual Insurance Company is recognizing 164 Texas-based employers for their workplace safety efforts. The award is based largely on each policyholder’s safety record, as well as the types of hazards their...
Obama to Boost Small Business Lending
Oct 21 2009 // President Barack Obama will announce a package of initiatives Wednesday to increase credit to small businesses, an administration official said Tuesday. “The proposal will increase the caps for existing SBA (Small...
How to Keep Workplace Friendships from Jeopardizing Your Job
Oct 20 2009 // When it comes to workplace relationships, the general advice is to keep your distance. After all, friendships can be tested by a number of different issues in the workplace. But the people we see every day at work often...