Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Beazley Offers Employment Practices Liability for Mid-Sized Firms
Sep 21 2005 // Beazley, an insurer of specialty coverages, is offering an employment practices liability (EPL) policy to U.S. clients with up to 10,000 employees. The new policy will be offered in the admitted market and underwritten in...
Texas DWC Workplace Safety Seminars Set for October
Sep 21 2005 // The Texas Department of Insurance, Division of Workers’ Compensation announced it will present two one-day educational seminars on Safety Inspection and Accident Investigation in October in Fort Worth and...
Employers Security Earns “A” Rating from Demotech
Sep 21 2005 // Employers Security Insurance Company has earned a Financial Stability Rating of “A-Exceptional” from Demotech, Inc. Employers Security is a casualty insurer specializing in underwriting and issuing...
Employers in Midwest Pay Lower Hourly Cost Per Employee
Sep 21 2005 // Even figuring in the relatively high cost of workers’ compenstion insurance, employers in Midwestern states like Missouri and Illinois paid a lower hourly costs for employee compensation than the national...
Despite Drop in Workplace Injuries, Financial Impact Remains Significant
Sep 20 2005 // While risk managers, safety directors and senior financial executives cut the number of the most serious workplace injuries, those accidents continue to hit the bottom-line of employers hard, according to two Liberty...
ABI Sees Growing Consensus for Employers’ Liability Reform
Sep 20 2005 // The Association of British Insurers has issued a bulletin indicating that its calls for reform of the U.K.’s employers’ liability insurance market and the personal injury compensation system have been further...
MOST MINN. EMPLOYERS OFFER MED BENEFITS:
Sep 19 2005 // More than half of Minnesota employers offer paid medical insurance to full-time employees, according to the 2005 Minnesota Employee Benefits Survey. About 53 percent of firms offer paid medical insurance, while just 12...
West Virginia Circuit Court Convicts Employer for Workers’ Comp Fraud
Sep 15 2005 // Richard J. Custer Jr. has been convicted in Marshall County Circuit Court on felony a felony charge of making a false statement to the West Virginia Workers’ Compensation Commission for providing false information...
ASI Names Rowe to Head Texas Business Unit
Sep 14 2005 // Florida-based American Strategic Insurance Corp. announced that David P. Rowe has been appointed to the position of vice president with responsibility for ASI’s Texas business. The company said ASI Lloyds has become...
Law Installed as President of Zurich Small Business
Sep 12 2005 // Zurich, one of the nation’s largest property/casualty insurance companies, announced that Richard J. Law Jr., 46, has joined its North American operations as president of Zurich Small Business. He will work from the...
Mo. Employers Mutual Lowers Workers’ Comp Base
Sep 6 2005 // Missouri Employers Mutual said recently the average workers’ compensation insurance base rate will decrease by 5 percent for new and renewal business, starting Jan. 1, 2006. The workers’ comp insurer cited the...
Small Business Units Deliver Bread n’ Butter for Peak Performing Agencies
Sep 5 2005 // In the movie “City Slickers,” Billy Crystal’s character is taught he must understand “one thing” that will make his life complete. Along the way he meets a grey-haired cowboy who appears to...
Small Business Units Deliver Bread n’ Butter for Peak Performing Agencies
Sep 5 2005 // In the movie “City Slickers,” Billy Crystal’s character is taught he must understand “one thing” that will make his life complete. Along the way he meets a grey-haired cowboy who appears to...
ARIZ. RULING MAY THREATEN WORKPLACE SAFETY:
Sep 5 2005 // The Arizona Supreme Court has invalidated what the Property Casualty Insurers Association of America believes was a valuable law designed to help provide drug and alcohol-free working environments, according to PCI...
More Than Half of Minn. Employers Offer Med Benefits
Aug 30 2005 // More than half of Minnesota employers offer paid medical insurance to full-time employees, according to the 2005 Minnesota Employee Benefits Survey. About 53 percent of firms offer paid medical insurance, while just 12...
Four Pa. Employers Charged in Workers’ Comp Scam
Aug 26 2005 // Pennsylvania’s Department of Labor & Industry’s (L&I) Bureau of Workers’ Compensation compliance unit announced the prosecution of four employers for reportedly failing to maintain...
AIA Calls 98 Percent Increase in Second Injury Fund a ‘Tax’ on S.C. Employers
Aug 24 2005 // The South Carolina Second Injury Fund for workers’ compensation has approved a record-breaking 98 percent annual increase in the Fund’s 2005 assessment charged to employers, another indication that repeal of...
Salary.com: Small Businesses Change Pay Practices to Meet Healthcare Costs
Aug 23 2005 // New results released this week by Salary.com in its Small Business Basic Medical Coverage Survey show that nearly 90 percent of small businesses are paying more to provide basic medical insurance to their employees in 2005...
PCI Says Ariz. Court Ruling Threatens Workplace Safety
Aug 18 2005 // The Property Casualty Insurers Association of America is disappointed that the state Supreme Court in David C. Grammatica v. Arizona Industrial Commission has invalidated what PCI believed was a valuable law designed to...
Working Overtime Increases Risk of Workplace Injuries More Than Job Hazard, U.S. Study Finds
Aug 18 2005 // The long working hours culture drives up the risk of workplace injury and illness, reveals a study by occupational medicine researchers, who also conclude that the risk has nothing to do with how hazardous the job...
