Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
RI3K to Expand Service Platform to Commercial Lines
Nov 9 2005 // London-based RI3K has announced that by the end of this month it will expand its electronic trading platform services to certain commercial lines. The company said it will initially handle International Property, North...
Maine Employers Mutual Rewards Employers with $4 Million in Dividends
Nov 8 2005 // This week, Maine’s largest workers’ compensation insurer Maine Employers’ Mutual Insurance Company (MEMIC) is mailing $4 million in dividends to its policyholders for performance in 2002. More than 19,500...
Safeco Automating Sales Process for Mid-Market Commercial
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of...
EPLI for Small Employers
Nov 7 2005 // Nuts & Bolts: Rockwood Programs, through the Rockwood Guardian EPLI Risk Purchasing Group, has developed an employment practices liability insurance policy for small employers. Companies with 15 or fewer employees are...
Study Says 8 in 10 American Small Businesses Not Ready for Disaster
Nov 2 2005 // In the wake of Hurricanes Katrina, Rita, and, most recently, Wilma, 79% of American small businesses say they do not have a disaster recovery plan in place, according to a new study from the International Profit Associates...
Study Reports Commercial Lines Dominate at Top 10 Banks in Insurance
Nov 1 2005 // Commercial property and casualty is the dominant insurance line – by far – among the nation’s leading banks in insurance, according to the recently published “Who’s Who in Bank...
CA State Fund To Host Confined Workplace Spaces Seminar
Nov 1 2005 // California State Compensation Insurance Fund’s Stockton District Office and the Stanislaus County Farm Bureau will jointly hold a free seminar, “Confined Space in the Workplace,” on November 3rd in...
Okla. Program to Help Small Businesses Provide Insurance
Oct 27 2005 // An Oklahoma program that begins Nov. 1 will use tobacco taxes and federal funds to subsidize small businesses wanting to provide insurance to their employees. Officials estimate the program will help 50,000 to 70,000...
Employer Guilty of Providing False Information to W.V. Workers Compensation Commission
Oct 25 2005 // West Virginia Insurance Commissioner, Jane L. Cline, announced Tuesday that Richard Custer Jr., was sentenced Oct. 12 on one felony charge of making a false statement to the Workers’ Compensation Commission. Custer,...
RIMS Benchmark Survey Reports Major Downturn in Commercial Rates
Oct 20 2005 // Commercial insurance premiums took a sharp downward turn in the third quarter, according to the RIMS Benchmark Survey, an industry survey of current policy renewal prices as reported by corporate risk managers. But some...
Midwest Employers Pay Lower Cost Per Employee
Oct 17 2005 // Employers in Midwestern states like Missouri and Illinois paid lower hourly costs for employee compensation than the national average. According to the U.S. Bureau of Labor Statistics, employers in the West North Central...
Bollinger Adds Payne as VP in Commercial Unit in N.Y.
Oct 14 2005 // Carolyn Payne has joined Bollinger Insurance in Short Hills, N.J. as vice president in the commercial insurance division. She is based in the firm’s Wall Street New York City office which includes among its...
State Fund Hosts Ergonomic Workshop to Reduce Workplace Injuries
Oct 13 2005 // State Compensation Insurance Fund’s San Francisco District Office is hosting a free Office Ergonomics Workshop to help employers learn the benefits of “fitting the job to the worker rather than forcing the...
W.Va. Indicts Employer, Employee for Workers’ Compensation Fraud
Oct 12 2005 // West Virginia Insurance Commissioner, Jane L. Cline, announced one employer, Brett A. Starr was indicted last month by a Kanawha County Grand Jury on the felony offense of Workers’ Compensation Fraud. At the same...
Nev. Comp Provider Returns Premiums, Pays Dividends to Employers
Oct 11 2005 // Builders Insurance Co., one of Nevada’s two largest workers’ comp insurers, and the state’s largest contractor-only workers’ comp provider, has paid out a set of safety-related dividends and...
Fla. CFO Calls for Added $500M in Savings for State’s Small Businesses
Oct 5 2005 // Tom Gallagher, Florida’s chief financial officer, this week called for greater savings for Florida’s small businesses based on an independent review of proposed workers’ compensation rates for the...
EPLI Program for Small Employers
Oct 3 2005 // Nuts & Bolts: Rockwood Programs developed an Employment Practices Liability Insurance policy specifically tailored to address the unique needs of small employers. Companies with 15 employees or fewer are eligible for...
Large Manufacturing Commercial Property
Oct 3 2005 // Nuts & Bolts: General Casualty Ins. Cos. enhanced their commercial coverages and capacity becoming a market for additional manufacturing lines of business. The Sun Prairie, Wis.-based property and casualty insurer is...
Workplace Safety Seminar Set for Oct. 19 in Houston
Sep 28 2005 // The Texas Department of Insurance, Division of Workers’ Compensation will present a one-day educational seminar on Safety Inspection and Accident Investigation, on Wednesday, Oct. 19, from 8 a.m. to 5 p.m....
Oregon Says Employers will Pay $33.4M Less in Workers’ Comp Fees
Sep 25 2005 // Employers will pay $33.4 million less in state worker compensation fees in Oregon next year, officials said Thursday. Employers also can expect average worker compensation insurance rates to remain at the same level in...
