Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Agents welcome Citizens expansion of small commercial coverage statewide
May 7 2007 // Citizens Property Insurance Corp. is expanding its insurance coverage for small businesses beyond coastal areas to properties across Florida. “Our goal is to make coverage available as quickly as possible to the...
Commercial property/casualty premiums drop, underwriting relaxes, 1st quarter survey finds
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
Commercial insurers’ stock trades down in first quarter; M&As slow as well
May 7 2007 // Stock Prices: Commercial line insurers’ stocks traded down 2 percent for the first quarter of 2007. The only company reporting significant stock gains for the first quarter was CNA Financial Corp. (NYSE:CNA) whose...
Oregon Reports 37 Workplace Deaths in 2006
May 4 2007 // The Oregon Department of Consumer and Business Services announced its 2006 figures for workplace safety. According to its data, 37 people covered by the state workers’ compensation system died on the job. The largest...
Ariz. Offers Insurance Resources for Small Businesses
May 3 2007 // The Arizona Department of Insurance (ADOI) is offering the state’s small business owners insurance curriculum on its online “insurance university, Insure U for Small Business. Six categories of small business...
Texas House Passes Measure to Raise Small Business Tax Exemption
May 3 2007 // The Texas House of Representatives passed House Bill 3928, the franchise tax correction bill, by Rep. Jim Keffer (Eastland), which increases the tax emption for small business in House Bill 3 passed during last...
Alleghany Buying Calif. Workers’ Comp Specialist Employers Direct
May 1 2007 // Alleghany Corp. has agreed to purchase all outstanding shares of California workers’ compensation writer Employers Direct Corp. for $195 million in cash. EDC, which was founded in 2002, is an insurance holding...
Fla.’s Citizens to Provide Commercial Coverage for Small Businesses
Apr 27 2007 // Citizens Property Insurance Corporation’s board of governors gave its approval Thursday of expanded commercial property insurance coverage for small businesses across Florida. “Our goal is to make coverage...
N.Y., Northeast Small Businesses Face Need for Disaster Insurance
Apr 27 2007 // Many small business owners in New York and the Northeast are still trying to recover from floods caused by as much as eight inches of rain earlier this month. Those who had flood insurance can recoup some of their losses,...
Insurance and Small Business Addressed at Big ‘I’ Conference
Apr 27 2007 // Sen. Joe Lieberman, D-Conn., and House Republican Whip Roy Blunt R-Mo., addressed 1,400 independent insurance agents and brokers at the Independent Insurance Agents & Brokers of America’s National Legislative...
Zurich Introduces Online Tool for Employers
Apr 26 2007 // Schaumburg, Ill.-based Zurich, a national commercial property-casualty insurance company, recently announced the debut of eZ Transition, an online tool that bolsters the effectiveness of Zurich’s return to work (RTW)...
AIG Offers UK Employers’ Liability Coverage for U.S. Companies
Apr 25 2007 // AIG WorldSource(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc. announced it is offering Accel Elite — employers’ liability coverage for U.S. companies...
Few Sign up for Okla.’s Small Business Insurance Program
Apr 25 2007 // Only 2,000 workers have signed up for a state program that helps small companies provide health insurance to their employees. Nearly $70 million sits in a special fund for the program, but employers say the plan is so...
Travelers Launches New Products for Mid-Sized Commercial Printers
Apr 25 2007 // Travelers Commercial Accounts introduced a suite of coverages designed for mid-sized commercial printers who typically generate more than $15 million in sales. The new product is the latest addition to IndustryEdge,...
Texas House Committee OKs Small Business Tax Relief Measure
Apr 24 2007 // The Texas House of Representatives Ways and Means Committee has approved a provision that would help Texas’ small businesses by increasing the small business exemption under the franchise tax – an initiative...
Vermont Employers Enjoy Declining Workers’ Compensation Prices
Apr 19 2007 // Workers’ compensation insurance is costing less for most Vermont employers since new rates became effective April 1. The Vermont Department of Banking, Insurance, Securities and Health Care Administration approved...
Europ Assistance Launches Commercial Property Assistance Product
Apr 17 2007 // Europ Assistance, which has considerably expanded from its French origins into international operations, has launched a new Commercial Property Assistance (CPA) product, “which,” it said, “will be made...
More N.J. Employers Dropping Health Plans Due to High Cost
Apr 16 2007 // More Garden State employers dropped health insurance coverage for workers last year amid skyrocketing costs that were nearly double what they were five years before, according to a major business association’s survey...
La. DOI to Co-sponsor ‘Health Care Options for Small Business’ Seminar
Apr 13 2007 // The Department of Insurance Louisiana Health Care Commission will co-sponsor a free health insurance seminar for small business owners on April 25, from 8:30 to 11:30 a.m. at the Baton Rouge Area Foundation Conference...
Miss. Wind Pool Slashes Commercial Rate Hike Using Federal Funds
Apr 12 2007 // A new Mississippi insurance wind pool board on Tuesday approved a 142 percent increase for commercial premiums, a rate that’s significantly lower than it could have been because of $30 million from the federal...
