Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Hartford Steam Boiler Launches Cyber Attack Protection for Small Businesses
Apr 29 2013 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products...
Atlas General Insurance Services, LLC Announces its Launch of the Atlas Commercial Division
Apr 23 2013 // San Diego, CA, 4/23/13 – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation of the Atlas Commercial Division. This new division will be headed up by...
Fewer Workers in Midwest Insured Through Employers
Apr 22 2013 // The percentage of workers who have access to health insurance through their employers is declining across the United States, according to a new report, and the Midwest is no exception. The report from the Robert Wood...
Rates Should Rise Moderately for Most Commercial Lines
Apr 22 2013 // Commercial insurance buyers in all product lines should see rates rise moderately through the remainder of 2013, although commercial property rates for non-catastrophe exposed risks and some specialty lines may see slight...
Commercial Rates Continued Up in March, Even for Large Accounts: MarketScout
Apr 22 2013 // Commercial insurance rates were up about 5 percent in March, according to the latest barometer from MarketScout and the National Alliance for Insurance Education and Research. Manufacturing continues to post the largest...
State Appeals $860M Award to Ohio Employers
Apr 17 2013 // The state has appealed a judge’s order granting $860 million in repayments from Ohio’s insurance fund for injured workers to employers the judge says were charged excessive premiums for nearly a decade. An Ohio...
6 Vermont Firms Lauded for Workplace Safety
Apr 16 2013 // Six Vermont companies are being honored for their efforts to promote workplace safety. The Governor’s Award for Outstanding Workplace Safety — the highest such award in the state — goes annually to...
Feds Probing Indiana’s Workplace Safety Agency
Apr 15 2013 // The federal government’s workplace safety agency is investigating its Indiana counterpart – a department that documents indicate is trying to boost its inspections without hiring new staffers. The Indianapolis...
What to Expect in Commercial Insurance Prices for Remainder of 2013: Willis
Apr 10 2013 // Commercial insurance buyers in all product lines should see rates rise moderately through the remainder of 2013, although commercial property rates for non-catastrophe exposed risks and some specialty lines may see slight...
Cuomo: Workers’ Comp Reform to Bring $800M Savings to N.Y. Employers
Apr 10 2013 // New York Gov. Andrew Cuomo said this week that employers in the state are poised to save some $800 million annually, thanks to reforms in the state workers’ compensation system that were included in the recently...
New Workers’ Compensation Formula Lowers Premiums for Most Employers
Apr 9 2013 // A reworking of a key piece of the workers’ compensation rating formula isn’t changing rates overall but is changing premiums for most insureds, according to experts. Tony DiDonato, director and senior actuary...
Commercial Rates Continued Up in March, Even for Large Accounts: MarketScout
Apr 5 2013 // Commercial insurance rates were up about five percent in March, according to the latest barometer from MarketScout and the National Alliance for Insurance Education and Research. Manufacturing continues to post the largest...
Iowa Senate Panel OKs Small Business Health Coverage Tax Incentive
Apr 5 2013 // An Iowa Senate panel approved a bill that would give a new income tax break to small businesses if they cover part of their employees’ health insurance. The measure passed a Senate Ways and Means subcommittee with...
Gowrie Group in Connecticut Appoints Commercial Lines Account Executive
Apr 4 2013 // Gowrie Group, an independent insurance agency based in Westbrook, Conn., appointed Kristen Lincoln as an account executive within the firm’s commercial insurance department. Gowrie Group said Lincoln brings to the...
Florida Insurers, Employers Scrambling After Court Ruling on Workers’ Compensation Benefit
Mar 25 2013 // A Florida district court judge’s ruling that declared unconstitutional a 104-week limitation on injured workers’ temporary benefits left insurers and employers scrambling to come up with a legislative...
Arkansas House Panel OKs Small Business Financing Bill
Mar 22 2013 // An Arkansas House committee has advanced a proposal to establish a new economic development program in the state aimed at driving private investment to small businesses. The House Economic Development Committee unanimously...
Judge Awards Ohio Employers $860M for Workers’ Comp Overcharges
Mar 22 2013 // Ohio employers are collectively owed $860 million after being overcharged for nearly a decade by the state insurance fund for injured workers, a Cleveland judge has ruled. Cuyahoga County Common Pleas Judge Richard...
Arkansas House Panel Considers Small Business Tax Credit Bill
Mar 21 2013 // Arkansas lawmakers are considering a proposal to create a new tax credit to spur private investment of small businesses. A bipartisan proposal that would allow the Arkansas Economic Commission to issue tax credits in order...
ACE Launches Portal for Placing U.S. Small Business International Policies
Mar 21 2013 // ACE Commercial Risk Services, the U.S.-based small business insurance division of the ACE Group, has introduced a portal for U.S. brokers working with small- to-mid-sized U.S.-based companies doing business overseas. The...
Aon’s New York Office Appoints Middle-Market Sales Leader
Mar 19 2013 // Aon plc, a global provider of risk management, insurance and reinsurance brokerage, and HR consulting and outsourcing services, announced the addition of Vincent Gandolfo as middle-market sales leader for the Greater New...