Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
10 Things to Know About Commercial Auto
Feb 24 2008 // 1. When should an insured consider a commercial auto policy over a personal auto policy that is rated for business use? Generally speaking, when the vehicle is: Used for business and owned by a corporation or...
Employers, Lawmakers Push Doctors to Adopt Electronic Prescriptions
Feb 22 2008 // Motivated by mounting medical costs, lawmakers and executives are urging doctors to embrace a seemingly simple way to save billions of dollars a year: prescribe medications online. Officials in the public and private...
Burns & Wilcox Adds Commercial Lines Producer in Cleveland
Feb 19 2008 // Burns & Wilcox recently announced that Karen Sutera has joined the company’s Cleveland office as a commercial lines producer. Sutera has more than 10 years experience in the insurance industry and has an...
N.C. Poultry Industry Workplace Safety Prompts Federal Hearings Plans
Feb 19 2008 // U.S. Senate and House committees are planning hearings on worker safety in the poultry industry following a report by The Charlotte Observer on House of Raeford, congressional leaders and aides said. “All Americans...
Flores Joins SWBC as Senior Commercial Lines Producer
Feb 19 2008 // San Antonio-based SWBC announced that Lori Flores has joined SWBC Insurance Services as senior commercial lines producer. Her focus will be construction risks and large accounts. Prior to joining SWBC, Flores worked for 10...
W. Va. Insurance Commissioner Says Employer Owes the State Money
Feb 15 2008 // W. Va. Insurance Commissioner, Jane L. Cline announced that a West Hamlin man who was indicted on several felony counts of workers’ compensation fraud, pleaded guilty to the charges in Kanawha County Circuit...
Best Practices for Employers Using Tests to Screen Employees
Feb 10 2008 // Federal watchdog advises how employers can avoid charges of discrimination in hiring procedures Employers often use tests and other selection procedures to screen applicants when hiring and evaluating employees for...
N.C. Workplace Deaths Dropped
Feb 10 2008 // The North Carolina Labor Department says workplace deaths dropped 29 percent statewide in 2007, down to 46 from 65 the year before. The leading cause of workplace death was being crushed, with those accidents having...
Motorists Mutual Adds Employment Liability to Commercial Auto Policies
Feb 5 2008 // Motorists Mutual Insurance Co. will automatically include $100,000 of employment practices liability insurance (EPLI) in most commercial policies starting in April. This change gives agents an additional selling tool,...
The Republic Group Now Writing Personal, Commercial Lines in Ark.
Feb 5 2008 // The Republic Group (Republic), based in Dallas, has entered the personal lines market in Arkansas, the company announced. Republic entered the state with its commercial lines products in December 2007. Republic companies...
Calif. High Court Rules Employers Can Fire Workers Using Medical Marijuana
Jan 28 2008 // Employers can fire workers found to have used medical marijuana even if it was legally prescribed, the California Supreme Court ruled last Thursday, dealing the state another setback in its standoff with U.S. law...
Employers Should Evaluate Testing Procedures to Eliminate Bias
Jan 27 2008 // Department to accept next round of applications Feb. 4 through Mar. 3 Employers often use test and other selection procedures to screen applicants when hiring and evaluating employees for promotion. In fact, there has been...
Commercial Insurers’ Stocks Flat in 2007; M&As Heat Up
Jan 27 2008 // Stock Prices: Commercial lines insurers’ stocks have been relatively flat in 2007. Chubb Corp. (NYSE:CB) posted the largest gain at 5 percent. M&A Activity: The fourth quarter started with a bang as two large...
As Stocks Fall, Small Businesses Urged to Start Retirement Plans
Jan 25 2008 // Amid the turbulence of the plunging stock market, there’s a great opportunity for small business owners — if they set up retirement plans now, they’ll position themselves and their employees for big gains...
Welch Joins Vermont Mutual as Commercial Lines Underwriter
Jan 25 2008 // Michael P. Welch recently joined Vermont Mutual Insurance Group in Montpelier as a commercial lines underwriter. Welch spent the past 11 years with Underwriters Agency of New England as assistant vice president of...
North Carolina Officials Say Workplace Deaths Dropped in 2007
Jan 23 2008 // The North Carolina Labor Department says workplace deaths dropped 29 percent statewide in 2007, down to 46 from 65 the year before. The leading cause of workplace death was being crushed, with those accidents having...
Sharon Haenig Joins Sullivan E&S as Commercial Lines Manager
Jan 23 2008 // January 23 2008 – Orange, CA – G.J. Sullivan Co., a member of Los Angeles-based The Sullivan Group, has appointed Sharon Haenig as Commercial Lines Manager for its office in Orange, CA. Sharon will be...
State Auto Middle Market Open House to Celebrate Move to Texas
Jan 22 2008 // Announcing plans for major growth in the Texas marketplace, State Auto Middle Market Insurance (SAMMI), said it will host an open house Jan. 28 in its new office in Austin to celebrate the unit’s entrance into the...
Sullivan E&S Appoints Haenig as Commercial Lines Manager
Jan 22 2008 // G.J. Sullivan Co., a member of Los Angeles-based The Sullivan Group, has appointed Sharon Haenig as commercial lines manager for its office in Orange, Calif. Haenig will be responsible for business development and market...
Commercial Lines Pricing Shows Modest Decrease from 2006 to 2007
Jan 17 2008 // Average prices for all lines of commercial insurance decreased 4 percent to 5 percent between 2006 and 2007, according to Towers Perrin’s commercial insurance pricing study. More specifically, the survey data for the...