Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Tougher U.S. Commercial Market Conditions in 2012: Marsh
Jan 25 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh. Substantial...
Travelers CEO: Business Insurance Renewal Price Up 10% in December
Jan 25 2012 // Travelers Companies Inc.’s business insurance had renewal premium rate gains of 8 percent for the fourth quarter 2011 and 10 percent for December, said CEO Jay Fishman. He offered his remarks during the company...
Missouri Senate Debates Workplace Discrimination Bill
Jan 25 2012 // Democrats in the Missouri Senate say a bill revising workplace discrimination laws would make it harder for people to prove the claim against employers. Senate Bill 592 would require workers who fight firings or other...
Report: Most Workplace Homicides Happen During Robberies
Jan 25 2012 // What do robberies and healthcare patients have in common? Workplace violence. While the numbers of workplace homicides and injury-causing assaults have fallen since the 1990s, homicides that do occur in the workplace...
Wyoming Governor Backs Workplace Safety Recommendations
Jan 23 2012 // The state’s occupational epidemiologist who spent a year studying the high rate of workplace deaths in Wyoming said his research points to lack of a “culture of safety” in Wyoming. Dr. Timothy Ryan said...
Oklahoma to Require Medical Certification for Some Commercial Drivers
Jan 23 2012 // On Jan. 30, 2012, the Oklahoma Department of Public Safety (DPS) will begin adding medical certification status and medical examiner’s certificate information to commercial driver’s license system (CDLIS)...
Chartis Realigns Global Business Units Amid Departure of Key Executive
Jan 18 2012 // Chartis said it is streamlining its geographic structure to add greater focus on its growth economies initiatives. The move comes amid the departure of Chartis Growth Economies CEO Julio Portalatin, who is leaving the...
Oklahoma to Require Medical Certification for Some Commercial Drivers
Jan 13 2012 // On Jan. 30, 2012, the Oklahoma Department of Public Safety (DPS) will begin adding medical certification status and medical examiner’s certificate information to commercial driver’s license system (CDLIS)...
Five Star Expands Classes for Business Auto Program
Jan 11 2012 // Five Star Specialty Programs has announced a new market for the business auto program, which will provide additional coverage for more classes, including wholesale distributors, retail locations and various...
2012 Commercial Lines Ratings Outlook Negative: A.M. Best
Jan 9 2012 // The rating outlook for U.S. commercial property/casualty insurance remains negative, while the outlook for personal lines is stable, according to a briefing from A.M. Best Co. The ratings firm said it continues to maintain...
Wyoming Governor Backs Workplace Safety Recommendations
Jan 5 2012 // The state’s occupational epidemiologist who spent a year studying the high rate of workplace deaths in Wyoming said his research points to lack of a “culture of safety” in Wyoming. Dr. Timothy Ryan said...
Austin Mutual Names Kirkendall Commercial Lines Underwriting Director
Jan 3 2012 // Minnesota-based Austin Mutual Insurance Co. has promoted Kody Kirkendall to director of commercial lines underwriting. Kirkendall will continue to oversee the agribusiness division underwriting and will add Austin...
Employers Share Employee Benefits Success Stories at Mass. Conference
Dec 29 2011 // New England Employee Benefits Council (NEEBC) held its annual conference earlier this month, giving its Best Benefits Practices awards to six winners. The winners shared their success stories at the NEEBC conference in...
Idaho Economic Developers Want Employer Incentive Fund
Dec 27 2011 // State lawmakers need to create a $5- to $10-million fund that could be used to entice high-paying employers to the state by rewarding them with incentive packages, Idaho economic developers said. The Boise Valley Economic...
Air Force Building in Georgia Clears the Air for Workplace Safety
Dec 22 2011 // A year ago, Building 169 at Robins Air Force Base in Georgia was the epicenter of the base’s troubles with the Occupational Safety and Health Administration. An inspection of the building by OSHA investigators found...
Employers Offers 5% Workers’ Comp Discount for Florida Businesses
Dec 14 2011 // Some small businesses in Florida will see an automatic 5 percent discount on their workers’ compensation policies through a new program offered by Employers Holdings, Inc. The Florida Office of Insurance Regulation...
Alabama Businesses Working on Workplace Safety
Dec 8 2011 // It’s not uncommon for Troy Collett to feel like he’s playing a game of dodge cars when he’s making a delivery in downtown Florence, Alabama. “I’ve felt the exhaust off the tailpipes (of the...
Travelers CEO Says His Company’s Business Insurance Rates Up Over 5%
Dec 7 2011 // The Travelers Companies CEO Jay Fishman said at a financial conference yesterday that his company raised rates for business insurance customers by 5.2 percent in October, followed by 5.8 percent in November, according to a...
Rate of Virginia Workplace Injuries Up in 2010
Dec 5 2011 // The rate of workplace injuries increased in 2010 in Virginia, but still remains below the national rate. The Virginian-Pilot of Norfolk said a state Department of Labor and Industry report released last Thursday shows that...
RIMS: Soft Market Has Hit Bottom for Commercial Lines
Dec 5 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
