Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
S&P’s Moves Employers Re ‘AA+’ Ratings to WatchNeg
Oct 1 2002 // Standard & Poor’s has placed its double-‘A’-plus counterparty credit and financial strength ratings on Employers Reinsurance Corp. and its wholly owned subsidiaries (collectively referred to as ERC)...
Employers, Insurers Slow To Report Claims Says Missouri Audit Report
Sep 30 2002 // A report from Missouri State Auditor Claire McCaskill has found that a “vast majority of injuries” are reported late or not at all. The audit evaluated the management of the state’s workers’...
Colo. Division Publishes 2002 Workers’ Comp, Employers Liability Guide
Sep 27 2002 // The Colorado Division of Insurance has published the 2002 Workers’ Compensation and Employers Liability Insurance guide, a survey of workers’ compensation and employers liability insurance loss cost multipliers...
Small Businesses Offered Fourth Safety Workshop
Sep 13 2002 // A fourth safety workshop conducted by the insurance industry and the U.S. Occupational Safety and Health Administration (OSHA) will be offered to small business owners in Erie, Pa. Wednesday, Sept. 25. The session,...
Commercial Package Policy
Aug 19 2002 // Nuts & Bolts: Bridgefield Casualty Insurance Company of Baton Rouge, La., is offering a Commercial Package Policy (CPP) to employers in Mississippi and Alabama. Bridgefield Casualty is a subsidiary of Summit Holdings...
Workers’ Comp Loss Costs Expected to Decrease for Some Colo. Employers
Aug 12 2002 // Workers’ compensation costs for some Colorado employers may decrease on average about 10.2 percent later this year. Insurance Commissioner William J. Kirven III announced that the National Council on Compensation...
Bridgefield Casualty Unveils Commercial Package Policy
Jul 30 2002 // Bridgefield Casualty Insurance Company, a subsidiary of Summit Holding Southeast, Inc., is now offering a Commercial Package Policy (CPP) to employers in Mississippi and Alabama. The Commercial Package Policy (CPP) offers...
The Hartford Introduces Online Center for Small Businesses
Jul 25 2002 // The Hartford Financial Services Group unveiled its new Web site sb.thehartford.com to help entrepreneurs educate themselves about insurance before they buy. The content-rich, interactive Small Business Insurance Center...
ISO Integrater Expanded to Include Commercial-Auto Rating Information
Jul 17 2002 // Insurance Services Office, Inc. (ISO) has expanded ISO IntegRater™ to deliver commercial-auto advisory loss costs and rating factors so insurers can directly incorporate the information into their rating and...
Employers of Nev. Acquires Fremont Comp
Jul 4 2002 // Employers Insurance Company of Nevada (EICN) has acquired California-based Fremont Compensation Insurance Group’s book of business, effective July 1. Fremont Comp is a wholly-owned subsidiary of Fremont General...
NAII, OSHA Hosting Workplace Safety Workshops in Wis.
Jul 3 2002 // The National Association of Independent Insurers (NAII), in conjunction with insurers and OSHA, is hosting a series of workshops in Wisconsin focusing on workplace safety for small businesses. Safety at Work I: Risk...
RTW Inc. to Launch New Self Insured Services Business Unit
Jul 1 2002 // Minnesota-based RTW Inc., a provider of workers’ compensation management systems, will launch a new business unit on July 15, to provide its proven core product-case and claims management services-to self-insured...
New Market: Arrowhead of Texas Offers Commercial Auto Program
Jun 28 2002 // Arrowhead General Insurance Agency of Texas Inc. has a new commercial automobile program for Texas agents. Target classes include artisan contractors, wholesale/manufacturing/industrial, heavy construction, local and...
Royal & SunAlliance Names Commercial Division President
Jun 25 2002 // Royal & SunAlliance USA of Charlotte, N.C. has promoted Vince Pugliese to president and chief operating officer of its commercial insurance division. Prior to his promotion, Pugliese served as executive vice president...
Employers Reinsurance Downgraded
Jun 24 2002 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Employers Reinsurance Corp. and its wholly owned subsidiaries (collectively, ERC) to “AA+” from “AAA”...
Employers Reinsurance Downgraded
Jun 24 2002 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Employers Reinsurance Corp. and its wholly owned subsidiaries (collectively, ERC) to “AA+” from “AAA”...
MiniCo Inc. Honored as Employer of the Year
Jun 21 2002 // Hardy Good, chairman and CEO of MiniCo Inc., was recently honored as Employer of the Year by the Insurance Women of Phoenix, Inc. (IWOP), an affiliate of the National Association of Insurance Women, Intl. (NAIW). Good...
SAFECO Exhibits ESP™ in New Approach for Business Insurance
Jun 12 2002 // Seattle-based SAFECO has introduced its comprehensive plan for changing the way its business insurance is purchased, sold and serviced. The efficient service and pricing system—known as ESP—will deliver greater...
ICAT Managers Appoints Brennan to Launch Calif. Middle Market Business Unit
Jun 11 2002 // International Catastrophe Insurance Managers, LLC. (ICAT) has launched its Middle Market Business Unit in California. John Brennan will lead the department’s objectives to underwrite accounts with values of $10...
Philadelphia Ins. Expands DO to Cover Workplace Violence, Internet, EPL
Jun 3 2002 // June 3, 2002 Philadelphia Insurance Companies’ announced the introduction of their new “Flexi-Five® non-profit D&O policy,” described as “providing traditional D&O coverage along with:...
