Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Liability With Excess Limits
Jun 21 2004 // Nuts & Bolts: AIG Excess Casualty introduced AIG ExcessPrime, a $25 million commercial liability program that provides insureds with additional excess limits. AIG ExcessPrime is designed to sit in excess of $50...
Commercial Liability with Excess Limits
Jun 21 2004 // Nuts & Bolts: AIG Excess Casualty, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), introduced AIG ExcessPrime, a $25 million commercial liability program that provides...
Commercial Liability With Excess Limits
Jun 21 2004 // Nuts & Bolts: AIG Excess Casualty, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), introduced AIG ExcessPrime, a $25 million commercial liability program that provides...
Best Affirms Employers Re, Westport ‘A’ Ratings; Lowers Medical Protective; Revises Outlook to Stable
Jun 16 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Employers Re Corp Group and Westport Insurance Corporation of Jefferson City, Mo. The bulletin noted that the...
New R.I. Law Allows Terrorism Exclusion for Certain Commercial Risks
Jun 14 2004 // A new Rhode Island law allows for a terrorism exclusion from the Standard Fire Policy (SFP) for certain commercial risks. The new law, which became effective last week, amends the state’s Special Commercial Risk...
S&P Reports on P/C Commercial Lines Insurers; Raises Outlook to Stable
Jun 11 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on the U.S. commercial-lines insurance industry to stable from negative “based on the delicate balance now in play between the...
W. Va. WCC Files Suit for More Than $250,000 Against Eight State Employers
Jun 9 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against eight state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County...
Employers Direct Lowers Workers’ Comp Rates Again
Jun 8 2004 // Employers Direct Insurance Company (EDIC) announced another round of workers’ compensation rate reductions for California employers, bringing the total decrease to 20.9 percent from a year ago. The latest rate...
Health Savings Accounts: A New Option for Employers and Consumers
Jun 7 2004 // Florida, like other states, is working to make sure our residents have access to health care insurance. The recent Medicare reforms passed by Congress gave states an important new option: tax-free savings accounts to pay...
Commercial Liability With Excess Limits
Jun 7 2004 // Nuts & Bolts: AIG Excess Casualty introduced AIG ExcessPrime, a $25 million commercial liability program that provides insureds with additional excess limits. AIG ExcessPrime is designed to sit in excess of $50...
Big Problems for Small Business
Jun 7 2004 // Health insurance, liability insurance and workers’ compensation are the top three problems facing America’s small business owners, at least that’s what a study from the National Federation of Independent...
Some 1,800 Kansas Small Businesses Surveyed About Health Insurance
Jun 3 2004 // About 1,800 small business employers across Kansas recently received a survey in the mail that could help policymakers find ways to make health insurance more accessible and affordable, according to a statement released by...
IWIF to Boost Workplace Accident Awareness in June
Jun 3 2004 // The fourth consecutive Maryland Workplace Safety Week, proclaimed official by the Governor’s office in 2001, begins June 13. The Injured Workers’ Insurance Fund (IWIF) sponsors Maryland Workplace Safety Week...
Ohio Supreme Court Case Could Bar Insurers From Representing Employers in Comp Hearings
Jun 2 2004 // An Ohio Supreme Court case against a company involved in workers’ compensation hearings could alter the way claims are handled, observers say. “This is a lot bigger than the case it revolves around,” said...
W. Va. WCC Files Injunctions Against Four Employers
Jun 2 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against four state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County...
Employers Insurance Co. of Nevada Re-elects Sande, McKinney-James to Board
May 28 2004 // Employers Insurance Company of Nevada (EICN) has announced the re-election of two members of the company’s Board of Directors. John Sande and Rose McKinney-James were re-elected to additional three-year terms as...
AIG Small Business Introduces New Online Services for Insurance Brokers and Agents
May 27 2004 // AIG Small Business, a unit of the property and casualty insurance subsidiaries of American International Group, announced the launch of “AIG eDelivery(SM),” a new submission status and policy retrieval system...
Texas Approves Additional ISO Commercial Auto Tools
May 21 2004 // The Texas Department of Insurance (TDI) has cleared the way for insurers to make filings immediately using Insurance Services Office Inc.‘s (ISO) commercial auto advisory information. According to ISO, its advisory...
N.Y. Assembly Committee Forced to Vote on ‘Scaffold Law’ Reform Sought by Employers and Insurers
May 21 2004 // Chances there will be a vote on a key New York tort reform bill have improved after the Democratic sponsor of the bill has made a procedural move that will prompt the Assembly Labor Committee to consider his bill to reform...
U.S. House Passes OSHA Changes for Employers
May 20 2004 // Employers could get more time to challenge citations by the Occupational Safety and Health Administration and more companies could recoup lawyers’ fees under a set of House bills that would make employer-friendly...