Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Berkley Corp. Reports Sept. 11 After-Tax Losses At $23M; Eliminates 2 Business Lines October 30, 20
Oct 30 2001 // W. R. Berkley Corporation reported that operating income, excluding losses related to the Sept. 11 event, was $11 million, or 36 cents per diluted share, for the third quarter ended Sept. 30, compared with $9 million, or...
Commercial Insurance Market Index Shows Evidence of Hardening Market
Oct 26 2001 // According to the recently released third-quarter Commercial Insurance Market Index — reflecting market observations of the largest commercial insurance brokers across the nation — commercial insurance premium...
Number of Calif. Workplace Deaths on the Decrease
Oct 26 2001 // The downward trend continued last year: the number of California workers killed on the job was the lowest since 1992 when the Department of Industrial Relations’ Division of Labor Statistics and Research (DLSR)...
Commercial Insurance Modernization Law in Effect in Missouri
Oct 19 2001 // A new law modernizing regulation of commercial insurance, now in effect in Missouri, will stimulate competition by eliminating unnecessary bureaucracy. The new law, enacted as Senate Bill 186, specifies that all commercial...
AXA, RSA To Raise Commercial Property Rates
Oct 17 2001 // France’s AXA and Britain’s Royal & Sun Alliance both announced that there would be large increases in their premium rates on commercial property coverage in the aftermath of the terrorist attacks on the...
CGNU Seeks to Sell French Commercial Lines Unit
Oct 10 2001 // In a move to further streamline its European operations, the U.K.’s CGNU announced that is seeking a buyer for its French unit, CGU Courtage, the country’s third largest commercial lines insurer, which deals...
American Modern Stops Writing Commercial Liability, Affirms Commitment to Specialty Markets
Sep 26 2001 // American Modern Insurance Group, a wholly owned subsidiary of The Midland Company and a provider of manufactured housing specialty insurance products and services, has ceased offering commercial liability products for...
The Midland Company to Cease Offering Commercial Liability Coverage
Sep 20 2001 // The Midland Company, a provider of specialty insurance products and services, announced that American Modern Insurance Group, its insurance subsidiary, will cease offering the commercial liability coverages associated with...
Midland Co. Announces American Modern to Cease Commercial Liability
Sep 19 2001 // The Midland Company, a highly focused provider of specialty insurance products and services, announced that American Modern Insurance Group, its insurance subsidiary, will cease offering the commercial liability coverages...
Majority of U.S. Businesses Report Workplace Safety Pays Off
Aug 31 2001 // Ninety-five percent of business executives report that workplace safety has a positive impact on a company’s financial performance, according to the findings of “The Executive Survey of Workplace Safety”...
Attempts at Workers’ Comp Reform Could Hurt Agents, Small Business
Aug 30 2001 // According to Insurance Brokers and Agents of the West (IBA West), a workers’ compensation bill moving its way through the California Legislature doesn’t go far enough in attempts to reduce costs to reform the...
Silver Plume Introduces Sage Reference Tool for Commercial P&C Agents
Aug 22 2001 // Insurance Reference Systems Inc. (Silver Plume), an AMS company, announced the introduction of Sage, a web-based, intelligent research tool that uses an insurance-specific, Internet-style engine to search its library of...
Travelers to Resume Writing New Commercial Auto and Umbrella Business in Ohio
Aug 2 2001 // Travelers Insurance announced it will re-enter the Ohio insurance marketplace for new commercial auto and umbrella business with the enactment of the “Uninsured/Underinsured Motorist Availability Act of...
UNISYS to Offer Commercial Insurers Risk
Jul 31 2001 // Unisys Corporation announced that it has established an Internet-based Risk Trading Exchange for the global insurance/reinsurance marketplace. Enabling all market players to access and transact numerous types and classes...
Marsh, AT&T Unveil E-Business Risk Solution
Jul 12 2001 // Companies that use AT&T’s Internet Data Centers and managed web hosting services are eligible for a new benefit — e-business insurance from Marsh Inc. that rewards AT&T enterprise hosting customers...
AXA Acquires Independent’s Small Business Website
Jul 5 2001 // AXA Insurance, the French giant’s U.K. unit, has acquired Independent Insurance’s small business website from the company’s liquidators. The site, www.business-risk.com, employs 17 people, who will be...
‘Invent’ive: HP Offers e-Center for Small Businesses
Jun 18 2001 // So I come across an e-mail or a site that tells me that if I subscribe to a Hewlett-Packard e-newsletter, that I’ll get a $10 gift certificate to Amazon.com. Now, you know me, I can’t pass up free money when...
‘Invent’ive: HP Offers e-Center for Small Businesses
Jun 11 2001 // So I come across an e-mail or a site that tells me that if I subscribe to a Hewlett-Packard e-newsletter, that I’ll get a $10 gift certificate to Amazon.com. Now, you know me, I can’t pass up free money when...
Legislation to Protect Small Businesses from Hazardous Liability Litigation Passed
May 30 2001 // Legislation that would provide Superfund liability protection for small-businesses that disposed of municipal solid waste before April 1, 2001 recently passed the U.S. House of Representatives. According to Julie...
Conning Survey Says Commercial Lines Rates Continue to Accelerate
May 29 2001 // A recent Conning & Company survey of insurance agents and brokers across the U.S. indicates that price increases have continued to accelerate and are in double-digit territory for most commercial lines. In addition,...
