Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
W.C. Surcharge Cost Burdens N.Y. Employers
Mar 19 2012 // The assessment surcharge tacked onto workers’ comp costs for New York employers is becoming a burden for businesses, a new study says. The surcharge in New York State is 20.2 percent – more than double that of...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 19 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched
Mar 19 2012 // The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced recently by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley,...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 19 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Workers’ Comp-Focused Employers Adds 2 Sales Execs in Texas
Mar 14 2012 // Susan Watson and Henry Eford have joined workers’ compensation specialty insurer Employers as sales executives in Texas. Watson is sales executive for the Dallas/Fort Worth market. Based in Dallas, Watson brings 20...
Michigan Agency Plans Workplace Safety Rules Changes
Mar 14 2012 // A state office is making hundreds of recommendations to eliminate Michigan workplace safety regulations that exceed federal standards. The report released by the Office of Regulatory Reinvention aims to eliminate what the...
Missouri Senate Passes Workplace Discrimination Measure
Mar 12 2012 // The Missouri Senate has given final approval to legislation aimed at changing the state’s rules for lawsuits that deal with workplace discrimination. Senators backed the bill in a 23-8 vote along party lines, sending...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 12 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Wyoming House Sends Workplace Safety Bill To Governor
Mar 9 2012 // A proposal aimed at increasing workplace safety in Wyoming through voluntary inspections is on its way to Gov. Matt Mead. The Wyoming Tribune Eagle reported that the Senate gave final approval to the bill on Wednesday. The...
Aces Commercial Insurance Services Announces New Contractor GL Online Rate, Quote, & Bind Program
Mar 8 2012 // Costa Mesa, CA, 03/06/12 – Aces Commercial Insurance Services, a leading GA/Wholesale brokerage specializing in general liability markets, announces the launch of a new online, rate, quote, & bind program. The new...
N.Y.-based Preferred Concepts Names VP to Lead Online Business Unit
Mar 5 2012 // Preferred Concepts LLC, a national insurance program administrator and specialty broker, appointed Georgeanna Munger as vice president to manage the company’s ezumbrella.com business unit. Georgeanna Munger Munger...
Social Recruiting: Branding Your Company as an Employer of Choice
Mar 5 2012 // Seventy-nine percent of companies are already using or planning to use social media in their business strategy. The No. 1 benefit organizations attribute to social media is increased awareness among target customers. Yet...
Workers’ Comp Surcharge Cost Burden to N.Y. Employers: Study
Mar 1 2012 // The assessment surcharge added to workers’ compensation costs for New York employers is increasingly becoming a burden for businesses, according to a new study. In New York State, the assessment surcharge is...
Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched
Feb 29 2012 // The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based...
Auditor Questions Tax-Exempt Status of Missouri Employers Mutual
Feb 28 2012 // Releasing an audit of a tax-exempt workers’ compensation insurer in Missouri, State Auditor Tom Schweich called for the legislature to investigate whether its tax-exempt status should be retained. Schweich released...
Workplace Bullying Could Become Safety Violation in Hawaii
Feb 27 2012 // Bullying, abuse and verbal harassment in the workplace may cause employees physical and psychological harm. That’s part of the rationale behind a proposal in Hawaii to make abusive conduct against an employee an...
Wisconsin Assembly Ends Workplace Discrimination Awards
Feb 23 2012 // The Wisconsin State Assembly has passed a bill that would put an end to punitive and compensatory damages for workplace discrimination. Currently, workers can file discrimination complaints with the state Department of...
Missouri House Approves Workplace Discrimination Bill
Feb 13 2012 // Despite several lawmakers voicing fears about reversing decades of hard-fought civil rights gains, the Missouri House approved a measure that would change the rules for workplace discrimination cases heard in state...
Hanover Posts $49M Q4 Profit; Pricing Improved in Commercial Lines
Feb 10 2012 // The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full...
Mississippi College Appeals Workplace Retaliation Award
Feb 8 2012 // A federal appeals court has scheduled arguments on Hinds Community College’s appeal of a workplace retaliation case. In 2010, the school was ordered to pay a former professor $345,020 after a federal jury found she...
