Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Property/Casualty Rates Continue Upwarde
Sep 18 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers (CIAB). Through its quarterly Market Index Survey, released last month, CIAB...
Calif. Labor Dept. Reports Decrease in Workplace Fatalities
Sep 14 2000 // Good news for workers, employers and insurers alike: the number of workers killed on the job in California in 1999 was at the lowest level since 1992. These findings and others were recently published in the annual report...
EMPLOYERS UNPREPARED FOR E-RISK
Aug 7 2000 // A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. The Assurex E-Risk Survey, conducted by the Human Resource Institute of Eckerd College in...
InsuranceNoodle.Com to Offer Small Business Coverage In Midwest
Aug 4 2000 // InsuranceNoodle.com, a new insurance e-broker, has launched an online insurance solution targeted at small business owners in Illinois, Indiana, Wisconsin, Iowa, Minnesota and Kansas. By September, the company expects to...
Travelers To Buy Reliance Middle-Market Account
Jul 24 2000 // Travelers Insurance has reached an agreement in principle with Reliance Group Holdings to purchase the renewal rights to a portion of Reliance Insurance Group’s commercial lines middle-market book of...
Four Southern Californians Arrested for Employer Premium Fraud Scheme
Jul 12 2000 // Following a nine-month investigation, Mostafa Behesti, 43, and Rahimi Morteza, 59, owners of Castello Inc., along with bookkeeper Emma Luz Guerzon, 46, and Margaro Haro, 37, owner of Haro’s Landscaping, were all...
Commercial Lines Deregulation Continuesto Gain Momentum at State Level
Jun 26 2000 // Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states have passed laws deregulating commercial lines to one degree or another. “In 2000, we had...
Pennsylvania Employer Sentenced for Not Carrying Workers’ Compensation Insurance
Jun 21 2000 // A Westmoreland County employer who pleaded guilty to five misdemeanor violations of the Pennsylvania workers’ compensation law was recently sentenced to five years probation, ordered to pay $14,798 in restitution and...
Jardine Group Services Changes Names, Adds New E-Business Division
Jun 20 2000 // Jardine Lloyd Thompson Group plc, an international insurance organization, announced today that its U.S. offices have changed their names to JLT Services Corp. The name change affects Jardine Group Services Corporation;...
HSBC Launches Internet Insurance Site for U.K. Small Business Community
Jun 11 2000 // London based Hong Kong and Shanghai Bank Corp. (HSBC) announced the launch of an interactive commercial insurance service for the U.K.’s small business community. Initially the service will offer commercial property...
NY Senate Panel Approves Commercial Lines Bill
Jun 6 2000 // The New York State Senate Insurance Committee has given its approval to a bill that would exempt certain purchasers of commercial insurance from rate and policy form filing requirements. The bill, supported by the American...
Maryland Governor Signs Commercial Lines Dereg Bill
May 22 2000 // Maryland Gov. Parris Glendening signed legislation last week removing form filing requirements for commercial insurers and sophisticated clients. Senate Bill 598 exempts some large commercial policyholders from obtaining...
Insure.com Launches Small Business Insurance Forum
Apr 18 2000 // Insure.com has introduced a new Small Business Insurance Forum, where readers can receive individual help with insurance problems. The forum joins insure.com’s other long-running forums focusing on auto, health, home...
Nebraska Unicameral Passes Commercial Lines Reg. Measure
Apr 7 2000 // The Nebraska Unicameral has passed a bill implementing a file-and-use system for commercial insurance lines, exempting certain large commercial policyholders from the new rate and form filing requirements. Thresholds for...
InsureZone Launches Business Insurance Site
Apr 7 2000 // InsureZone began offering business insurance coverage online Thursday at InsureZone.com. Policies available on the InsureZone web site are targeted to businesses with 50 or fewer employees. Coverage includes business...
Businesses Satisfied with Commercial Insurance,
Apr 7 2000 // More than half of firms with sales between $5 million and $100 million are very satisfied with insurers’ understanding of their needs and the coverage they offered to meet those needs according to a recent business...
Small Businesses Poised to Switch Insurance Carriers
Apr 4 2000 // An estimated 80 percent of small businesses would consider changing their property-casualty carrier unless they were completely satisfied with their business insurance according to a survey conducted by CustomerStance, a...