Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Poll Says Small Businesses Foster Sedentary Work Environment
Feb 10 2015 // Workplace wellness doesn’t seem to be all that high on the list for small businesses, where getting employees active and moving seems to be taking a back seat to other priorities. A poll designed to find out how much...
Feds: Ohio Workplace Fatalities on the Rise
Feb 9 2015 // Workplace fatalities have been rising in Ohio, and federal officials cite lack of attention to safe work practices and training and the existence of younger and newer manufacturing and construction workforces. There had...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 9 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
10 Things to Know About Business Auto
Feb 9 2015 // The Business Auto Coverage Form (BACF) is the most commonly used form for business auto liability insurance.Autos in the form are defined to include cars, trucks, trailers, vans or other vehicles designed for use on public...
A.M. Best: Outlook Stable for Louisiana’s Stonetrust Commercial Insurance
Feb 6 2015 // A.M. Besthas removed from under review with negative implications and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of Stonetrust Commercial Insurance...
How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers
Feb 6 2015 // While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new...
Understanding Commercial Property Underwriting and ‘COPE’
Feb 3 2015 // Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years. So what are these time-honored elements? The...
Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance,...
Supreme Court Backs Employer on Retirees’ Pay for Health Benefits
Jan 27 2015 // The U.S. Supreme Court on Monday sided with a company that amended a collective bargaining agreement to force retirees to pay toward healthcare costs, throwing out a lower-court ruling that favored the former employees who...
Starr Cos. Add Umbrella Product to Small Business Policies
Jan 26 2015 // Starr Cos. has launched a new commercial insurance umbrella liability policy, designed specifically for small-sized businesses. This product marks the next phase in Starr’s growing suite of insurance options for...
Ohio BWC Proposes Private Employer Workers’ Comp Rate Reduction
Jan 25 2015 // Ohio Bureau of Workers’ Compensation (BWC) is proposing to reduce overall premium rate levels for private employers beginning July 1, 2015. The 10.8 percent reduction would result in a decrease in projected annual...
Study Finds Workplace Trust a Predictor of Comp Outcomes in Arkansas
Jan 25 2015 // A new study from the Workers Compensation Research Institute (WCRI) identified new predictors of worker outcomes that can help public officials, payors, and health care providers in Arkansas improve the treatment and...
Committee Advances Bill To Increase Wyoming Workplace Safety Fines
Jan 23 2015 // A bill to increase penalties against Wyoming employers when safety violations result in worker fatalities has cleared its first hearing. The Senate Labor, Health and Social Services Committee on Wednesday recommended...
Top 10 Causes of Workplace Injuries
Jan 16 2015 // Overexertion and falls account for more than $25 billion in workers’ compensation costs in the U.S. Being hurt by an object or equipment ranks third in workplace injury causes and claims costs in the Liberty Mutual...
ACE Launches Middle Market Insurance Solution for Continental Europe
Jan 15 2015 // ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance...
Stateline Insurance Hires Dougherty as Commercial Lines Representative in R.I.
Jan 14 2015 // Kellie Dougherty Stateline Insurance & Financial Services, an independent agency in East Providence, Rhode Island, has hired Kellie Dougherty as commercial lines representative. Dougherty has over 10 years of...
Atlas General, Rockingham Group Partner on New Commercial Lines Programs
Jan 13 2015 // Atlas General Insurance Services, LLC, a national multi-line program manager, has partnered with The Rockingham Group to offer three exclusive new programs: general contractors general liability, artisan contractors...
AmWINS Launches Small Business Division
Jan 7 2015 // Wholesale broker AmWINS Group Inc. has launched a fifth division, AmWINS Access, which is dedicated to small account binding authority business. In conjunction with the launch of this new division, offices of Gresham &...
New OSHA Reporting Rules on Workplace Deaths, Hospitalizations in Effect Jan. 1
Dec 31 2014 // Effective January 1, 2015, all employers under the jurisdiction of the Occupational Safety and Health Administration will be required to report all work-related fatalities within eight hours and all in-patient...
A.M. Best Reaffirms Chesapeake Employers’ Financial Strength Rating
Dec 24 2014 // Chesapeake Employers’ Insurance Company, the largest workers’ compensation insurance company in Maryland, announced that insurance ratings agency A.M. Best Co. has reaffirmed a financial strength rating of A-...
