Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
EPolicy Aligns With The St. Paul Cos. to Offer New Business Insurance Products
Mar 23 2001 // ePolicy.com Insurance Services, Inc. has aligned with The St. Paul Cos., a premier provider of property-liability insurance products, to provide a Business Insurance Policy, umbrella coverage and business auto coverage to...
Amwest Discontinues Commercial Auto Program
Mar 20 2001 // Amwest Insurance Group Inc. announced that it will immediately cease writing new commercial automobile policies. The decision to discontinue this product line follows the company’s plan of reorganization previously...
Employers Reinsurance Corp. Names Pomeroy Associate General Counsel
Mar 9 2001 // Glenn Pomeroy, the former commissioner of insurance of North Dakota and former president of the National Association of Insurance Commissioners, has been named associate general counsel for regulatory affairs at Employers...
Commercial Auto-The LONG Road Back to Profitability
Feb 19 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Combination to Create Global Large Commercial Insurance Business
Feb 16 2001 // XL Capital Ltd has agreed to purchase Winterthur International from Winterthur Insurance, a subsidiary of the Credit Suisse Group. The all-cash transaction is valued at approximately $600 million and will be funded by XL...
Commercial Auto: The Long Road Back to Profitability
Feb 12 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Rackley Unveils Windows-Based Commercial Lines Rating Software
Feb 7 2001 // Rackley Systems released a new version of its comparative commercial lines rating software – Rackley Systems for Windows. The software is available in all 50 states. The new software is a full-featured Windows...
New York State Insurance Department May Act to Assist Small Businesses
Jan 23 2001 // The New York State Insurance Department is investigating whether insurance policies for sole proprietors are priced too high. The department says there are indications that the rates may be justified to move toward small...
Workplace Injuries in California at Lowest Rate Since 1971
Jan 18 2001 // Job-related nonfatal injury/illness rates in 1999 continued to decrease, reaching a record low of 6.3 workers injured out of every 100, according to the California Department of Industrial Relations’ Division of...
Kemper Insurance Companies and InsuranceNoodle Team up to Target Small Business Owners
Jan 9 2001 // Kemper Insurance Cos. has signed an agreement with InsuranceNoodle to expand its initiative of providing products designed for small business owners. The agreement allows InsuranceNoodle to enhance its offering to small...
Kemper Targets Small Business Market with Specialized Coverages
Nov 15 2000 // Kemper Insurance Cos. is targeting the small business market for substantial growth with a new line of specialized coverages, capitalizing on the economy’s fastest-growing segment, which generates more than $50...
SAFECO’s American States Business Insurance Renamed
Nov 8 2000 // SAFECO subsidiary American States Business Insurance will now be called SAFECO Business Insurance. The change comes three years after SAFECO acquired Indianapolis-based American States Insurance, a purchase that filled...
The Hartford Introduces Changes in Small Business
Oct 26 2000 // Spectrum 2000 is an especially significant improvement since it offers much more flexibility and greater protection against property and liability losses. More than 700 types of businesses can now be protected with The...
Commercial Auto Rates Up; Sector Ripe for Rapid Change
Oct 23 2000 // Someone up above has been listening. How else can one explain the hardening market that has been the subject of thousands of prayers. Both agents and E&S vendors, then, should be doubly excited about the commercial...
The Hartford Expands Program for Small Businesses
Sep 26 2000 // The Hartford has expanded Spectrum, its signature product for small business, and is now providing more coverages and higher basic and optional limits, while extending eligibility to more than 200 additional classes of...
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...