Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
S&P: Commercial Lines Outlook Still Negative
Jun 23 2003 // Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a managing director at...
Cos. Receive L.A. Chapter of CPCU Employer Excellence Award
Jun 13 2003 // On Tuesday, June 10, four prominent insurance companies, Allianz Insurance Company, Deans and Homer, Farmers Insurance Group and Marsh Inc. received the prestigious Employer Excellence Award from the Los Angeles Chapter of...
Study: Commercial Insurance Reserves Deficient by $13-$20 Billion
Jun 11 2003 // The commercial insurance industry’s reserves from 1997 to 2001 are deficient by $13 billion to $20 billion, according to a study released by the investment banking firm Cochran, Caronia & Co. The deficiency...
Hartford Survey Says With More at Stake, Small Businesses are Least Ready for Natural Disaster
Jun 6 2003 // Although they have the most at stake, small businesses are less prepared than larger companies to withstand a natural disaster, according to a recent national survey of small and mid-sized businesses by The Hartford...
Fremont Employers Ins. Co. Unaffected by CDI’s Conservancy of Fremont Indemnity
Jun 5 2003 // Employers Insurance Company of Nevada (EICN) announced that its wholly-owned subsidiary, Fremont Employers Insurance Company (FEIC) is unaffected by the California Department of Insurance (DOI) decision to take into...
Fremont Employers Ins. Co. Unaffected by CDI’s Conservancy of Fremont Indemnity
Jun 4 2003 // Employers Insurance Company of Nevada (EICN) announced that its wholly-owned subsidiary, Fremont Employers Insurance Company (FEIC) is unaffected by the California Department of Insurance (DOI) decision to take into...
Employers of Nev. to Host Open House June 6
Jun 3 2003 // Employers Insurance Company of Nevada (EICN) will sponsor an Open House for its agents and vendors on Friday, June 6, 2003 at its Southern Nevada office to commemorate the company’s one year anniversary in...
CNA Provides Big Opportunity for Small Business
May 30 2003 // Chicago-based CNA says it is creating opportunities for agents in Small Business with its people, services, technology, broad appetite, underwriting excellence, comprehensive products and programs, and targeted classes for...
AscendantOne Delivers ISO-Validated Rating for Four Major Commercial Lines of Business
May 23 2003 // Analytical pricing and underwriting information for four major commercial lines of insurance from ISO is now available through AscendantOne®, Inc.’s new policy-management and rating solution, according to company...
Providence Washington Expands Metaserver’s P/C Integration Solution into Commercial Lines
May 21 2003 // Metaserver, Inc., a developer of Business Process Integration (BPI) software, based in New Haven CN, announced that the Providence Washington Insurance Company has chosen to expand its present investment and implementation...
Hart to Build Small Business Strategy
May 1 2003 // Dale L. Hart has joined Synaxis Group, assigned with the responsibility of assembling a suite of resources for small business and providing an efficient delivery system. This new “platform” will provide a range...
Calif. Commissioner Increases Access to SCIF for Small Employers
Apr 22 2003 // Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for...
Calif. Commissioner Increases Access to SCIF for Small Employers
Apr 21 2003 // Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for...
Employers, Fremont Employers Report 4Q and Full Year Financial Results
Apr 18 2003 // Employers Insurance Company of Nevada, A Mutual Company (the “Company”), a leading provider of workers’ compensation products and services, reported its statutory financial results for the fourth quarter...
R&SA Business Division Unveils New Specialty Foods Focus
Apr 11 2003 // As part of its ongoing segmentation strategy, the Business Insurance Division of Connecticut-based Royal & SunAlliance USA announced a new program of insurance and services for manufacturers of specialty food...
Employers Mutual to Buy More EMC Group Share to Hold 80% Ownership
Apr 10 2003 // EMC Insurance Group Inc.’s majority shareholder, Employers Mutual Casualty Company, Announces Stock Purchase Program to Maintain 80 Percent Ownership Threshold Employers Mutual Casualty Co. today announced that it...
Employers, Labor Leaders to Testify on Alarcón’s WC Bill
Apr 9 2003 // In a rare move, employers and labor leaders will both go before the Senate Labor and Industrial Relations Committee in support of SB 228-authored by Senator Richard Alarcón (D) Van Nuys. SB 228 will be heard on April 9,...
Employers, Labor Leaders to Testify on Alarcón’s WC Bill
Apr 8 2003 // In a rare move, employers and labor leaders will both go before the Senate Labor and Industrial Relations Committee in support of SB 228-authored by Senator Richard Alarcón (D) Van Nuys. SB 228 will be heard on April 9,...
PA Workers’ Insurance Fund Extends Workers’ Comp “Drug-Free Workplace Pilot” Discounts
Mar 25 2003 // Pennsylvania’s State Workers’ Insurance Fund (SWIF) and Drug Free Pennsylvania announced that the drug-free workplace pilot project will be extended for an additional year. The pilot project provides a...
MA CPCU Society to Hold Workshop on Commercial General Liability
Mar 25 2003 // A half-day workshop, examining “2001 Commercial General Liability – Important Changes and Tips, Tricks, & Traps” is to be presented by the CPCU Society, co-sponsored by the Massachusetts Chapter, on...
