Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Missouri Department of Insurance Adds Resource for Small Businesses
May 6 2010 // The Missouri Department of Insurance has a new online resource dedicated to the unique insurance needs of small businesses. The new Web section lists factors to consider when buying insurance coverage for company cars,...
Employers Holdings Reports Q1 Income of $16.1 Million
May 6 2010 // Reno, Nev.-based Employers Holdings Inc. has reported first quarter 2010 net income of $16.1 million or $0.38 per share compared with $20.9 million or $0.43 per share in the first quarter of 2009, a decrease of $4.8...
Chartis Introduces One-Stop Solution for Small Business Construction
May 4 2010 // Chartis has introduced Construction Solutions for Small Business, a multi-line coverage approach to construction-related insurance products. This new practice will offer the full product set currently available from the...
Mainstay, Liberty International Target ‘Green’ Mid-Size Real Estate
May 4 2010 // Mainstay Insurance Group and Liberty International Underwriters (LIU), a division of Liberty Mutual Group, have launched a new “green” program that offers a broad form general liability product for mid-size...
OSHA to 15,000 U.S. Employers: ‘Ready or Not, Here We Come’
May 3 2010 // In early March 2010, the Occupational Safety and Health Administration (OSHA) sent a letter to approximately 15,000 U.S. employers who had reported higher rates of and more severe workplace injuries than the national...
IMA Names Johnson Commercial Lines Claims Manager
Apr 28 2010 // IMA Inc., an independently owned retail insurance broker, announced that Susan Johnson has joined the Wichita, Kan., office as commercial lines claims manager. Her responsibilities at IMA include managing the commercial...
Employers Direct Relaunched as PacificComp to Work With Independent Agents
Apr 28 2010 // Agoura Hills, Calif.-based Pacific Compensation Insurance Co. (PacificComp), formerly Employers Direct Insurance Co., has relaunched its business with a new name and transformation from a direct writer of workers’...
Employers Holdings To Announce Q1 Earnings on May 6
Apr 23 2010 // Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s first quarter 2010 financial...
A.M. Best Affirms ‘A-‘ Rating of Missouri Employers Mutual Insurance
Apr 20 2010 // Ratings agency A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Missouri Employers Mutual Insurance...
St. James Insurance Group Re-Enters Commercial Lines, Appoints New SVP
Apr 15 2010 // St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to...
Wyoming Hiring Workplace Fatality Epidemiologist
Apr 14 2010 // Wyoming, which has the worst fatality workplace in the nation, is hiring a full-time epidemiologist, a position that could replace a state task force that has been studying the issue, officials said. Gov. Dave Freudenthal...
Illinois Gov. Signs Bill Creating Tax Credit for Small Businesses
Apr 14 2010 // Illinois Governor Pat Quinn has signed a bill into law that that is expected to boost Illinois’ economy by creating up to 20,000 jobs over the next year at small businesses across the state. Senate Bill 1578 creates...
ACE UK Launches Environmental Risk for Small to Mid-Sized Firms
Apr 13 2010 // ACE UK has launched Environmental Protect, a policy offering coverage for both small to medium-sized companies and multinational operations. The new policy comes as submissions from regional and London market brokers...
Employers Promotes Giannini to VP
Apr 8 2010 // Reno, Nev.-based Employers has promoted Barbara Giannini to vice president of strategy and management reporting. With 17 years of financial management and strategic consulting experience, Giannini previously served as the...
Chartis Brokerage Launches Web Site for Brokers with Small and Mid-sized Risks
Apr 7 2010 // Risk Specialists Companies Insurance Agency, Inc. (RSCIA), a brokerage subsidiary of Chartis, has launched RiskSpecialistsCompanies.com, a new website providing web-based access to property, casualty and specialty lines...
IronPro, JLT Partner to Provide Liability for Small to Mid-Size Law Firms
Apr 6 2010 // IronPro, the professional liability division of Ironshore Inc., has entered into a joint relationship with Jardine Lloyd Thompson (JLT) Facilities, Inc. to offer lawyers professional liability (LPL) insurance....
Kentucky Employers Mutual Agrees to $30.8 Million Dividend
Mar 29 2010 // Kentucky’s major workers’ compensation insurance carrier has decided to return some of its surplus to policyholders. The decision comes after several weeks of political pressure. Earlier this month, Gov. Steve...
Montgomery Insurance Looks to Grow Florida Commercial Lines Business
Mar 23 2010 // Montgomery Insurance, a Liberty Mutual Group regional operation, says it is implementing a commercial lines growth plan in Florida with its independent insurance agents. The Charlotte, North Carolina-based unit with...
More Males Filing Sexual Harassment in Workplace Claims
Mar 22 2010 // John Pilkington’s boss wouldn’t take no for an answer. During more than two years as a food runner at an upscale steakhouse in Scottsdale, Arizona, Pilkington says his male supervisor groped, fondled and...
Employer Healthcare Costs Rose 7.3% in 2009
Mar 22 2010 // Average healthcare costs for U.S. employers rose by 7.3 percent in 2009, surpassing inflation and the growth rate in overall healthcare spending, Thomson Reuters reported Monday. Overall U.S. healthcare spending, including...