Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Illinois Employer to Pay $10K Penalty for Lack of Workers’ Comp Insurance
Nov 21 2013 // An uninsured employer in Illinois has pled guilty to a Class 4 felony for refusing to obtain workers’ compensation insurance, the Illinois Workers’ Compensation Commission announced. John Linek, individually...
Safenet Commercial Insurance Agency Welcomes Geisler as Senior VP
Nov 20 2013 // Kristin Taylor Geisler has joined St. Paul, Minn.-based Safenet Commercial Insurance Agency as a senior vice president. Geisler has many years of experience in different fields including financial services, insurance and...
Texas Workplace Injury, Illness Rate Again Below U.S. Rate
Nov 19 2013 // The Texas incidence rate of nonfatal injuries and illnesses in private industry was 2.7 cases per 100 equivalent full-time workers in 2012, below the national rate of 3.4, the Texas Department of Insurance – Division...
Survey: Colorado Employers Seeing 10.9% Hike in Health Plans
Nov 14 2013 // It may still be considered the leanest state and among the nation’s healthiest, but Colorado employers are seeing a large increase in the cost of medical benefits in the coming year, a survey released on Thursday...
Capital Insurance Group Launches EPL Coverage for Employers, Small Businesses
Nov 14 2013 // Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released a comprehensive employment practices liability Insurance (EPLI) product for organizations with up to 250...
Atlas General Insurance Services Recognized as a Top Workplace and a Medallion Winner in the Workplace Excellence Awards by the U-T San Diego and the San Diego Society for Human Resource Management
Nov 13 2013 // San Diego, CA, 11/13/13 – Atlas General Insurance Services is pleased to announce that it has been selected as a winner in the small business category in the First Annual U-T San Diego Top Workplaces Awards. Atlas has...
Small Business Insurance Provider AssureStart to Launch in Texas
Nov 8 2013 // Madison, Wis.-based American Family Insurance is partnering with Seattle-based start-up, AssureStart, to sell small business insurance online to Texas businesses beginning in mid-November. After launching in Texas,...
Senate Expected to Pass Gay Workplace Rights Bill Opposed by House
Nov 7 2013 // Most employers would be banned from firing, demoting or refusing to hire workers because of their sexual orientation or gender identity under legislation in line for action today in the U.S. Senate. The measure, known as...
Maryland’s Chesapeake Employers: Business as Usual for Policyholders, Agents
Nov 1 2013 // Maryland’s largest writer of workers’ compensation insurance and the insurer of last resort adopted a new name and a new corporate structure in October. The 99-year-old Injured Workers’ Insurance Fund...
ProWriters Launches Small Business Online Quoting Platform
Oct 29 2013 // ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small...
Ohio Public Employers to See Lower Workers’ Comp Rates
Oct 25 2013 // The Ohio Bureau of Workers’ Compensation board of directors has approved an average rate reduction of 1.6 percent for public employer taxing districts. The BWC said the change will result in Ohio’s 3,900...
Louisiana Forensic Firms Move into New Business Lines
Oct 24 2013 // After Hurricane Katrina, several forensic engineering firms popped up in the New Orleans area to serve an insurance industry overwhelmed with thousands of damage claims. Since the storm, the companies that remain in New...
Maryland’s Chesapeake Employers Promotes Dreher to Director of Underwriting
Oct 24 2013 // Chesapeake Employers’ Insurance Company, formerly IWIF, recently announced that Joanne Dreher has been promoted to director of underwriting.Joanne DreherIn this new position, Dreher is responsible for the operational...
Program Business Market Grows 10% to $27B, TMPAA Study Finds
Oct 23 2013 // The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, characteristics, growth and other base-line information about the program insurance market....
States Going After Employers Who Misclassify Workers as Independent Contractors
Oct 18 2013 // When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime. Danny Odom, chief operating...
Dovetail Insurance Offering NetComp to Small Businesses in Arkansas, Iowa, Kansas
Oct 11 2013 // Dovetail Insurance announced it is now offering its NetComp workers’ compensation insurance to small businesses in Arkansas, Iowa and Kansas. The product is available through independent agents. Dovetail’s...
AIG Sued by Small Businesses Over Workers’ Compensation Reporting
Oct 10 2013 // Class action lawsuits in federal courts on both coasts have been initiated on behalf of small businesses in California, New York and New Jersey against American International Group (AIG) over workers’ compensation...
Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More
Oct 9 2013 // The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to safety hazards at factories and the condition of nursing homes. Federal law requires...
Commercial Rates Up 5% in September: MarketScout
Oct 7 2013 // U.S. businesses buying property/casualty insurance in September saw a five percent rate increase on average, according to the latest index from MarketScout. MarketScout said the composite rate for was up from plus 4...
Maryland’s IWIF Converts to Chesapeake Employers
Oct 7 2013 // On Oct. 1, the Injured Worker’s Insurance Fund (IWIF), Maryland’s largest provider of workers’ compensation insurance, launched a new name and corporate structure as a private, not-for-profit company. As...
