Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Employers Appoints Harris to VP of Operations for Strategic Markets Region
Nov 13 2008 // Reno, Nev.-based Employers announced the appointment of Regina Harris to vice president of operations for its Strategic Markets Region. Harris, who has more than 22 years of insurance experience, began her career as a...
Main Street America Introduces New Commercial Auto Endorsement
Nov 13 2008 // The Main Street America Group introduced a new commercial auto endorsement — Commercial Auto Elite — available nationwide. The endorsement complements the super regional property/casualty insurance...
Workplace Deaths in Iowa Rise in 2007
Nov 10 2008 // The number of people killed on the job in Iowa is up. According to a preliminary report by the U.S. Department of Labor, 88 people died in work-related accidents in 2007. That’s an increase of 17 over 2006. The...
West Virginia Workplace Fatalities Down 23 Percent
Nov 7 2008 // Workplace fatalities are declining in West Virginia, according to preliminary federal figures released Nov. 5. The numbers show a nearly 23 percent decline in workplace deaths between 2006 and 2007, the U.S. Department of...
Employers Holdings Acquires AmCOMP
Nov 3 2008 // Reno, Nev.-based Employers Holdings Inc., a Nevada-based company whose subsidiaries are specialty providers of workers’ compensation insurance specializing in small businesses, has acquired AmCOMP Inc. in a...
Letter to the Editor: Employers Can Help to Increase Professionalism
Nov 2 2008 // I read Christopher J. Boggs’ commentary, “AIG Crisis Highlights the Need for Insurance Professionalism” (see page N40) and I would like to voice agreement with certain of his assertions and strongly...
IMA of Colorado Appoints Harvath Commercial Lines Division Manager
Oct 31 2008 // IMA of Colorado Inc. has announced that Sandy Harvath has been promoted to Commercial Lines Division manager. Harvath has been with IMA since 2003, most recently serving as an account executive for IMA’s Construction...
Florida-based AmCOMP Gets Approval to Merge with Employers
Oct 30 2008 // North Palm Beach, Fla.-based AmCOMP Inc. received stockholder approval for Employers Holdings Inc. to acquire AmCOMP. Approval required a vote of at least a majority of AmCOMP’s outstanding shares of common stock. Of...
Tennessee’s Appalachian Underwriters Acquires Business Insurance Center
Oct 29 2008 // Oak Ridge, Tenn.-based Appalachian Underwriters Inc. acquired the business insurance center assets of NFIB, from MSC Insurance Agency of Tennessee LLC. NFIB is a small business association representing small and...
Texas Nonfatal Workplace Injury/Illness Rate at 5-Year Low in 2007
Oct 29 2008 // A total of 252,784 nonfatal injuries and illnesses were reported by private industry workplaces in Texas during 2007, the Texas Department of Insurance reported. The resulting rate of 3.4 cases per 100 equivalent full-time...
Employers To Report Q3 Earnings in Conference Call
Oct 27 2008 // Reno, Nev.-based Employers Holdings Inc., a provider of workers’ compensation insurance to small, U.S. businesses, will review the company’s third quarter 2008 financial results during a conference call and Web...
How Employers, Agencies Are Responding to the Financial Crisis
Oct 24 2008 // As the impact of the global economic crisis takes hold, a quarter of large U.S. employers expect to make layoffs in the next 12 months. However, most companies are focusing on increased employee communication and smaller...
BRP, QBE Offer Packaged Liability Policy for Small, Mid-Sized Firms
Oct 23 2008 // Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining....
AIG to Offer Banks ‘Commercial Umbrella’ Endorsement for Basel II
Oct 22 2008 // AIG Excess Casualty ®, a unit of AIG Commercial Insurance, announced that it is offering an endorsement to its commercial umbrella policy to help U.S. banks operating overseas meet Basel II requirements. “Basel...
Virginia Workplace Fatalities Drop 15 Percent
Oct 22 2008 // Workplace fatalities in Virginia dropped 15 percent in 2007 to their lowest level since 1995. The Virginia Census of Fatal Occupational Injuries reported that 141 on-the-job fatalities were reported last year compared to...
Yates & Associates Names New Business P&C Underwriter/Broker
Oct 21 2008 // Yates & Associates of Tustin, Calif., announced that Denise Plecas will be joining the underwriting department as underwriter/broker – new business P&C. Starting as a receptionist at Hull & Co. in...
Texas Supreme Court Revisits Workplace Injury Case
Oct 20 2008 // The Supreme Court of Texas recently held a rare rehearing of a unanimous decision listening to arguments about whether it erred last year in ruling that a contract employee who suffered on-the-job injuries couldn’t...
AIG Commercial Insurance Battles Back
Oct 20 2008 // Execs Say Balance Sheet, Underwriting Appetite Remain Strong as Ever Exclusive Insurance Journal Interview with AIG Commercial Insurance CEO John Doyle and CFO Rob Schimek The very strengths in its balance sheet, surplus,...
AIG Commercial Insurance Unit Financially Fit and Fighting Back
Oct 14 2008 // The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the...
New Ohio Workers’ Comp Law to Help 40,000 Employers
Oct 13 2008 // A new law has gone into effect that erases a competitive disadvantage for roughly 40,000 Ohio employers paying workers compensation premiums. For years, about 40,000 of the roughly 280,000 Ohio employers paying...
