Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Hanover Insurance Grows Commercial Lines, Shrinks Personal Lines in 1Q
May 1 2008 // The Hanover Insurance Group, Inc. in Worcester, Mass., reported a drop in net income, an increase in commercial lines business and higher losses on personal lines for the first quarter of 2008. The company’s net...
Liberty Mutual Unearths ‘Green’ Commercial Property Coverages
Apr 23 2008 // With green building construction starts expected to increase 400 percent in the next two years according to construction experts, Liberty Mutual Property, part of Liberty Mutual Group, has introduced a collection of...
Survey: 1Q Commercial Lines Premiums Drop Most Since 2005
Apr 21 2008 // Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers. Undeterred by mounting claims from the meltdown of...
Employers Holdings Files Definitive Proxy Statement
Apr 16 2008 // Reno, Nev.-based Employers Holdings Inc. filed a definitive proxy statement with the U. S. Securities and Exchange Commission. The filing provides official notification to company’s shareholders of matters to be...
Mid-Size Cars Show Improved Safety
Apr 11 2008 // Several mid-size cars have made strides in protecting motorists in side crashes through standard air bags and improved designs, the insurance industry reports. Crash test results released Thursday by the Insurance...
AIG Names Executives for New Commercial Insurance Group
Apr 11 2008 // American International Group, Inc. (AIG) has named several executives to positions within its new AIG Commercial Insurance Group, formerly known as the Domestic Brokerage Group. AIG Commercial Insurance is part of the...
S&P Warns Soft Market Could Mean Downgrades for Commercial Insurers
Apr 9 2008 // The U.S. commercial lines property/casualty insurance “soft” pricing cycle will likely mean outlooks on some commercial lines insurers will be revised to negative in the second half of 2008, according to...
Farmers Business Insurance Appoints Samalya Executive VP/President
Apr 8 2008 // Farmers Group Inc., has appointedof Mhayse Samalya executive vice president of Farmers Group Inc. and president of Farmers Business Insurance. He previously was senior vice president of Farmers Group Inc. and president of...
Survey: 1Q Commercial Lines Premiums Drop Most Since 2005
Apr 7 2008 // Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers. Undeterred by mounting claims from the meltdown of...
Preferred Employers Introducers Medical Provider Network for California Businesses
Mar 26 2008 // San Diego-based Preferred Employers Insurance Co., which specializes inworkers’ compensation insurance for small employers in California, has created a medical provider network for treatment of work related injuries....
Florida’s Allstate Workplace Division Names Watkins
Mar 24 2008 // Florida-based Allstate Workplace Division, a subsidiary of The Allstate Corp., appointed W. Wayne Watkins, RHU as executive vice president, Sales and Distribution. In his new role, Watkins will oversee all the sales...
America’s Young Insurance Agents: Love and Optimism in the Workplace
Mar 24 2008 // “I wanted a job I could love,” says 29-year-old Meghan McGarry. She found it when she first went to work in an independent insurance agency in New York. Four and one-half years later, and now handling small...
Recall Crisis Recovery sm (RCR sm) Customized Recall Policy for Small to Mid-Sized Manufacturers
Mar 19 2008 // New Forms! New Wording! EXPOSURE: Do your clients know they are legally responsible for the safety of food and beverage products they manufacture? Governmental agencies do NOT differentiate based on the size of a...
Lexington Insurance Hikes Capacity for Commercial Property to $1.5 Billion
Mar 14 2008 // Lexington Insurance Co., an AIG company, has increased its capacity for commercial domestic property insurance by an additional $1 billion, raising the total non-catastrophe property capacity to $1.5...
Zurich Services Corp. Partners with OSHA Fast Fix for Workplace Safety
Mar 13 2008 // Schaumburg, Ill.-based Zurich Services Corp.’s risk engineering division recently announced that it is collaborating with OSHA Fast Fix to help Zurich customers improve workplace safety, address the causes of...
North Carolina Company Fined for Fatal Workplace Accident
Mar 12 2008 // A Guilford County, North Carolina company has been fined more than $17,000 for violations found after the death of a teenager who became entangled in a grinder. The News & Record of Greensboro, N.C., reported that the...
Job Bias Claims Against Employers Up 9%– Biggest Rise in Years
Mar 6 2008 // The U.S. Equal Employment Opportunity Commission (EEOC) received a total of 82,792 private sector discrimination charge filings last fiscal year, the highest volume of incoming charges since 2002 and the largest annual...
Farmers Insurance Unit to Assume Zurich Small Business Renewals
Mar 5 2008 // Truck Insurance Exchange, a unit of Farmers Insurance Group, reports it will purchase the rights to access renewals on Zurich North America Commercial’s Small Business Solutions (SBS) $800 million book of...
Willis, Erickson Appointed Business Unit Managers at LWCC
Feb 29 2008 // Louisiana Workers’ Compensation Corporation (LWCC) announced it hired Joseph Erickson as business unit manager for its middle market accounts team and Vernon Willis Jr. as business unit manager for its large accounts...
Cambridge GA Offers Accidental Downtime for Commercial Auto
Feb 28 2008 // California-based Cambridge General Agency is offering coverage for accidental downtime for commercial auto risks. This coverage is only available for vehicles with comprehensive and collision coverage. The accidental...
