Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Healthy Competition, Safety Technology Drive Commercial Auto Market
Dec 5 2005 // According to conventional wisdom, 2004 was the first year in the past 16 where insurers finally broke through and made an underwriting profit on commercial lines auto. The breakthrough came after a year, 2003, which saw...
Small Business Ain’t ‘Bean Bag’
Dec 5 2005 // American small-business owners understand all too well that politics is a challenging and often demanding sport. Nevertheless, they exhibited the optimism so prevalent in entrepreneurs, agreeing overwhelmingly that if good...
EMPLOYERS, EMPLOYEES COULD BE HURT BY DISABILITY INCOME INSURANCE CHANGES
Dec 5 2005 // Proposed changes in the regulation of disability income insurance in California could significantly increase the cost of coverage and discourage some injured employees from returning to work, according to a study released...
Healthy Competition, Safety Technology Drive Commercial Auto Market
Dec 4 2005 // According to conventional wisdom, 2004 was the first year in the past 16 where insurers finally broke through and made an underwriting profit on commercial lines auto. The breakthrough came after a year, 2003, which saw...
Taxes Bump Off Insurance Costs as Chief Concern of Ohio Small Business
Dec 1 2005 // Taxes replaced the cost of insurance as the most frequently cited single most important problem faced by small business, according to the latest Ohio Small-Business Conditions report. The data, which was released by the...
Small Business Ain’t ‘Bean Bag’
Nov 21 2005 // American small-business owners understand all too well that politics is a challenging and often demanding sport. Nevertheless, they exhibited the optimism so prevalent in entrepreneurs, agreeing overwhelmingly that if good...
Competition Increases in Commercial Auto, But Not Too Much–Yet
Nov 21 2005 // By most accounts the commercial auto insurance market nationally is stable to softening. Rates may be going down a little in some areas, staying the same or at least not going up very much in others. However, some pockets...
Tracking Commercial Autos
Nov 21 2005 // Before you can finish saying “Beam me up, Scotty,” chances are a tiny transmitter is bouncing a signal off a satellite somewhere in space, indicating that your insured’s taxi is stowed in the hold of a...
Mobile Equipment or Commercial Auto?
Nov 21 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment actually could be a commercial vehicle, according to the insurance...
New Definitions: Mobile Equipment or Commercial Auto?
Nov 21 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment could be considered a commercial vehicle according to the insurance...
Torts Drive Commercial Auto in Heartland, Elsewhere
Nov 20 2005 // Insurers like writing commercial auto business, and most lines of business, in the Midwestern states because of market stability and a favorable legislative and regulatory climate. But even in this typically stable line of...
Mobile Equipment or Commercial Auto?
Nov 20 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment actually could be a commercial vehicle, according to the insurance...
New Definitions: Mobile Equipment or Commercial Auto?
Nov 20 2005 // Watch out! That mobile drilling unit you assume is covered under your insured’s commercial general liability policy as a piece of mobile equipment could be considered a commercial vehicle according to the insurance...
Top 25 Commercial Auto Writers
Nov 20 2005 // Company Name 2004* 2005** 12/31/2004 6/30/2005 State Farm Mutual Auto Insurance Co. 964,544 159,665 St Paul Fire & Marine Insurance Co. 654,788 46,260 Zurich American Insurance Co. 630,760 170,012 Auto-Owners...
Competition Increases in Commercial Auto, But Not Too Much-Yet
Nov 20 2005 // By most accounts the commercial auto insurance market nationally is stable to softening. Rates may be going down a little in some areas, staying the same or at least not going up very much in others. However, some pockets...
General Electric Exits Insurance; Sells Insurance Solutions, Employers Re to Swiss Re
Nov 18 2005 // General Electric has agreed to sell most of its Insurance Solutions business, including Employers Reinsurance Corp., to Swiss Re for $6.8 billion. It will retain some life insurance business. The transaction is subject to...
Safeco Automates Sales for Mid-Market Commercial Accounts
Nov 18 2005 // Seattle-based Safeco has announced it has fully automated the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of Columbia, independent agents...
Survey Shows Minn. Workplace Injuries Continue to Decline
Nov 17 2005 // A recent Minnesota workplace survey shows the state’s injury and illness rate decreased by 3.6 percent in 2004, following an 8.3 percent decrease in 2003. A total of 105,500 nonfatal workplace injuries and illnesses...
Employers, Employees Could Be Hurt by Disability Income Insurance Changes, Study Says
Nov 15 2005 // Proposed changes in the regulation of disability income insurance in California could significantly increase the cost of coverage and discourage some injured employees from returning to work, according to a study released...
Oxnard, Calif. State Fund Office Offers Employer Safety Seminar
Nov 15 2005 // As part of State Fund’s ongoing educational program to create safe workplaces and update employers on new workers’ compensation insurance rules, its Oxnard District Office will hold a free safety seminar on...
