Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Employers Mutual Casualty Affirmed
Dec 16 2002 // S&P’s Ratings affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members (collectively referred to as EMC) based on the...
GE Global, Employers Re Downgraded
Dec 16 2002 // Fitch Ratings downgraded the long-term issuer and senior debt rating of GE Global Insurance Holding Corporation (GE Global) to “A’ from “A+.” Fitch also downgraded the insurer financial strength...
Employers Mutual Casualty Affirmed
Dec 16 2002 // S&P’s Ratings affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members (collectively referred to as EMC) based on the...
Okla. Employers May Be Without Workers’ Comp Coverage
Dec 9 2002 // Oklahoma Insurance Commissioner Carroll Fisher warned employers in his state that they might have non-existent workers’ compensation policies, after learning that a series of unauthorized certificates were issued in...
S&P’s Maintains Negative Outlook on Commercial Insurers
Dec 5 2002 // U.S. commercial-lines insurers are still plagued by inadequate reserves, according to Standard & Poor’s just-published outlook for 2003, and bullish pricing cannot simply sweep the problem away. Standard &...
BIG Takes INSTEC Commercial Package Policy Software
Dec 3 2002 // Commercial P&C insurance software provider, INSTEC, announces that Builders Insurance Group (BIG) of Georgia has implemented INSTEC’s Commercial Package Policy software for their General Liability line of...
Commercial Auto and General Liability
Dec 2 2002 // Nuts & Bolts: JLD Insurance Brokerage is offering a program for commercial auto and general liability. Dollars: Policy limits of $1,000,000 to $2,000,000. Carrier: Admitted market. States Available:...
COMMERCIAL MARKET INDEX RELEASED
Nov 25 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
S&P Affirms Employers Mutual Casualty Co ‘BBBpi’ Ratings
Nov 20 2002 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBBpi’ (the ‘pi’ indicates the ratings are based on “public information”) counterparty credit and...
Ind. Agents and Brokers Continue to Increase Market Share in Personal, Commercial Lines
Nov 15 2002 // Independent agents and brokers are capturing an increasing share of both the personal lines and commercial lines markets, the Independent Insurance Agents & Brokers of America’s (IIABA) annual market share study...
AIG’s American International Companies Unveils Workplace Violence Insurance
Nov 15 2002 // American International Group, Inc. (AIG) announced that the American International Companies have introduced Workplace Assurance(SM), an insurance coverage for the financial loss associated with incidents of violence in...
Commercial Insurance Market Index Released
Oct 28 2002 // Top commercial insurance brokers, noting insurers have been buffeted by terrorist attacks, stock market woes and increasing environmental hazard claims, have cast their eyes ahead to the coming year and voiced concern that...
TWCC to Hold Workplace Violence Prevention Workshop
Oct 25 2002 // The Workers’ Health and Safety division of the Texas Workers’ Compensation Commission scheduled a one-day educational seminar on Workplace Violence Prevention for November 13, 2002 in Dallas. The purpose of...
Garamendi Receives Commissioner Low, Calif. Small Business Endorsements
Oct 25 2002 // Democratic nominee for California Insurance Commissioner John Garamendi recently added current California Insurance Commissioner Harry Low’s endorsement, along with the California Small Business Association...
Horizon Sells Commercial Insurance Lines To GIS
Oct 22 2002 // Indiana’s Horizon Insurance Services, Inc. (HIS), a subsidiary of Horizon Bancorp, announced that it has sold its commercial and group insurance lines to General Insurance Service (GIS) effective Nov. 1, 2002. The...
GE Employers Re Agrees to Sell Accountants’ E&O
Oct 21 2002 // GE Employers Reinsurance Corporation (GE ERC) has finalized an agreement to sell the renewal rights on its accountants’ Errors & Omissions business underwritten by its Westport Insurance Corporation to...
Additional Workplace Safety Workshop Offered to Pa. Business Owners
Oct 18 2002 // A fourth safety workshop conducted by the National Association of Independent Insurers (NAII) and the U.S. Occupational Safety and Health Administration (OSHA) will be offered to small business owners and manager Oct. 22...
Workplace Fatalities Rise 12 Percent in Florida
Oct 17 2002 // The Florida Department of Insurance, Division of Workers’ Compensation, released a census report revealing that workplace fatalities in Florida rose by 12 percent in 2001, marking the first increase in three years....
CORRECTION: S&P Rating for Employers Re is ‘AA+’
Oct 9 2002 // The article which appeared Friday concerning Standard & Poor’s decision to lower its ratings on Swiss Re from ‘AAA’ to ‘AA+’ incorrectly identified Employers Re (ERC) as one of the three...
EBRI Study Explores Employers’ Views on Health Insurance
Oct 3 2002 // America’s 6 million employers largely determine the number of insured – and uninsured – Americans, and new research by the Employee Benefit Research Institute (EBRI) examines how and why employers make...
