Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
CNA Makes Changes to Commercial Insurance Team in Chicago
Jan 12 2011 // CNA Financial Corp. announced it has expanded its Commercial Insurance management team. Pat O’Connor will join the global business insurer as senior vice president of its Mono-line Property unit, with oversight of...
As Small Business Shrinks, Small P/C Insurers Lose
Jan 11 2011 // The property/casualty small business sector—those accounts with less than 50 employees—has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and large...
Top Regulatory Changes Employers Should Know in 2011
Jan 10 2011 // The new year ushers in regulatory, compliance and legislative changes that affect every small business. According to payroll and human resource services provider Paychex, Inc., these 11 issues top the list of business...
Employers With Foreign Labor Face Increased Liability
Jan 10 2011 // Insurance Considerations for Agents Insuring Agricultural Employers Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable...
Two Missouri Employers Jailed for Noncompliance with OSHA Citations
Jan 10 2011 // The U.S. Department of Labor’s Occupational Safety and Health Administration in late December arrested two St. Louis, Mo., employers for failing to comply with court sanctions enforcing OSHA citations. Brian Andre,...
Starr Indemnity Launches Primary Commercial Auto Facility
Jan 10 2011 // Starr Indemnity & Liability Company, Inc. (Starr Indemnity) has launched primary commercial auto to complete their primary casualty offerings. “With the introduction of our primary auto capabilities, Starr...
Obesity Increases the Risk of Disabling Workplace Injuries
Dec 31 2010 // Recent research confirms anecdotal data that work-related injuries are far more costly if an injured worker is obese. In fact, a claim with an obese diagnosis can be 30 times to 60 times more expensive than a comparable...
Louisiana’s Stonetrust Commercial Insurance Adds 3 to Management Team
Dec 30 2010 // Stonetrust Commercial Insurance Co., a Louisiana-based workers’ compensation insurer, has added the following individuals to its management team: Dave Lorino has been named vice president of Claims for Stonetrust....
2 Missouri Employers Jailed for Noncompliance With OSHA Citations
Dec 30 2010 // The U.S. Department of Labor’s Occupational Safety and Health Administration announced the arrest of two St. Louis, Mo., employers for failing to comply with court sanctions enforcing OSHA citations. Brian Andre,...
Humana Names Bagby as Louisiana Commercial Market President
Dec 21 2010 // Humana Inc. named Rhonda Bagby president of its Louisiana commercial operations. As Humana’s senior commercial executive for Louisiana, based in New Orleans, Bagby is responsible for the state’s overall...
CNA Names Grieco Underwriting VP for Small Business
Dec 16 2010 // CNA appointed Scott Grieco as vice president of underwriting for its small business unit. Grieco will be lead underwriting strategies for the unit. He has over 26 years of insurance industry experience, including...
Court: Last Employer Responsible for Asbestos Exposure
Dec 15 2010 // A shipyard carpenter’s last employer is liable for his asbestos exposure when it is unable to rebut with substantial evidence the presumption that the most recent employer is responsible for occupational diseases,...
Heffernan Insurance Adds Hight to Commercial Property/Casualty Team
Dec 10 2010 // Heffernan Insurance Brokers has added Melodie Hight in its Portland, Ore., office as a producer in Commercial Property and Casualty Insurance. Hight has more than 20 years in commercial property and casualty insurance. She...
Illinois Program to Provide $5M in Loans for Small Businesses
Dec 10 2010 // New and existing small businesses can apply for $5 million in loans through an Illinois program aimed at creating and retaining jobs in urban areas. Illinois economic director Warren Ribley announced the Community...
California Employers See Lower Ex-Mods With New Rating Formula
Dec 8 2010 // California employers, by and large, saw lower experience modifications in 2010, thanks to changes to the experience rating formula. On Nov. 9, 2009, California Insurance Commissioner Steve Poizner issued a decision...
Ho-Ho-Holidays Can Be Problem for Small Businesses
Dec 8 2010 // The holiday season isn’t necessarily the most joyous time of the year for small businesses. Holiday parties and celebrations can turn unpleasant if employees or guests misbehave. Productivity can drop when employees...
A.M. Best Downgrades Michigan Commercial Insurance Mutual
Dec 8 2010 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-” of Michigan Commercial Insurance Mutual (MCIM) in Lansing,...
AAIS to File Revised, Expanded Commercial Umbrella Program
Dec 7 2010 // The American Association of Insurance Services (AAIS) is initiating a countrywide filing of a revised, expanded commercial umbrella program. The program’s policy forms will be filed with a proposed effective date of...
Employees Beware: Employers Monitor Twitter, Facebook, Internet Posts
Dec 5 2010 // Those photos on Facebook showing you palling around with drunks, the raunchy joke you posted on Twitter, and those links to politically incorrect groups on your personal web site -all of this information can now become...
Network Matches At-Home Insurance Retirees with Employers
Dec 5 2010 // Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept As more and more experienced insurance agency and carrier employees discover their retirement income isn’t what they thought it would be, many are happy...
