Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Wash. Workplace Injuries Down in 2001
Jan 27 2003 // Washington’s job sites were safer in 2001, continuing a trend that began nearly a decade ago, according to survey results released by the Department of Labor and Industries. The survey showed that 7.6 out of every...
ROUGH ROAD FOR COMMERCIAL LINES
Jan 27 2003 // Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property and casualty industry faces greater uncertainty than personal lines, according to a new report published by the ratings...
Zurich North America Small Business Forms Partnership with Foremost Co.
Jan 22 2003 // As part of its strategy to provide independent agents with easy access to high-quality products and services through the internet, Zurich North America Small Business announced the formation of a cross-selling alliance...
The Hartford’s “Complex Claim Advice” Offers Help to Self-Insured Employers
Jan 22 2003 // The Hartford Financial Services Group announced that it’s now offering a program called “Complex Claim Advice,” to employers who self-insure their short-term disability plans and face “a growing...
Hawaii Employers Mutual Signs with Connective Technologies
Jan 16 2003 // Connective Technologies Inc. announced that they had entered into a contract with Hawaii Employers Mutual Insurance Company (HEMIC) to provide real-time upload from the AMS family of agency management systems. The TEAM-UP...
PartnerRe Appoints Jean-Marie Nessi Head of Non-U.S. Global P/C Business Unit
Jan 15 2003 // Bermuda-based PartnerRe Ltd. announced that Mr. Jean-Marie Nessi has been appointed Head of the Property & Casualty business unit for PartnerRe Global. He will report to Bruno Meyenhofer, CEO of PartnerRe...
Zurich North America Small Business Notes System Enhancements for Agents, Brokers
Jan 10 2003 // Zurich North America Small Business has announced system enhancements that give its agents and brokers online access to important customer account management documents. By logging onto eZSB, the Zurich Small Business...
WI Ins. Dept. Unveils New Web Page for Small Business
Jan 9 2003 // Wisconsin’s Office of the Commissioner of Insurance (OCI) announced the launch of a new Web page for small employers, designed “to help Wisconsinites with small businesses search for...
Fireman’s Fund Unveils iCustomer Series Initiative for Middle Market Segments
Jan 7 2003 // Fireman’s Fund Insurance Company announced the national rollout iCustomer Series(TM) initiative to the hotel, restaurant, real estate, retail, wholesale and manufacturing segments. The iCustomer Series program is a...
CDI Licenses Employers Direct Insurance Co.
Jan 7 2003 // Forgoing the use of independent agents, Employers Direct Insurance Company (EDIC), a new specialty California workers’ compensation insurance carrier with $50 million in capital, has been licensed by the California...
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...
