Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Survey: Small Businesses Don’t Understand Dollars Spent on Workers’ Comp
May 19 2008 // Too many small business decision-makers appear to be spending money on workers’ compensation insurance coverage without understanding how workers’ compensation insurance works, what they get for their premium...
Employers Holdings Reports Decline in Q1 Earnings
May 16 2008 // Reno, Nev.-based Employers Holdings Inc. reported net income for the first quarter in 2008 was $25.5 million, down from the $27.9 million earned in the same period in 2007. First quarter net premiums earned declined $13.9...
Colorado Supreme Court: Employer Must Pay Suspended Workers’ Comp
May 16 2008 // The Colorado Supreme Court has ruled that an employer must pay temporary disability benefits to an employee although the employee had been suspended. According to Sigala vs. Atencio’s Market, Eva Sigala was injured...
Ohio Employers Ask for Another Review of Workers’ Comp Rates
May 12 2008 // A group of Ohio employers who say their businesses are being crushed by injured-worker insurance rates that the state modified last year has asked the state’s watchdog to take another look at the program. The newly...
Safeco and Costco Partner to Offer Business Insurance in Test States
May 7 2008 // Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008. According to information on Costco’s Web site, Costco business members may secure up to a 10 percent...
Survey: Small Businesses Don’t Understand Their Dollars Spent on Workers’ Comp
May 6 2008 // Too many small business decision-makers appear to be spending money on workers’ compensation insurance coverage without understanding how workers’ compensation insurance works, what they get for their premium...
Richardson Joins State Auto’s Middle Market and Large Account Unit
May 5 2008 // Todd Richardson joined State Auto Insurance Company’s Austin, Texas-based Middle Market and Large Account (SAMMI) facility. Richardson brings more than 19 years of experience to his new role as a SAMMI account...
Hanover Insurance Grows Commercial Lines, Shrinks Personal Lines in 1Q
May 1 2008 // The Hanover Insurance Group, Inc. in Worcester, Mass., reported a drop in net income, an increase in commercial lines business and higher losses on personal lines for the first quarter of 2008. The company’s net...
Liberty Mutual Unearths ‘Green’ Commercial Property Coverages
Apr 23 2008 // With green building construction starts expected to increase 400 percent in the next two years according to construction experts, Liberty Mutual Property, part of Liberty Mutual Group, has introduced a collection of...
Survey: 1Q Commercial Lines Premiums Drop Most Since 2005
Apr 21 2008 // Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers. Undeterred by mounting claims from the meltdown of...
Employers Holdings Files Definitive Proxy Statement
Apr 16 2008 // Reno, Nev.-based Employers Holdings Inc. filed a definitive proxy statement with the U. S. Securities and Exchange Commission. The filing provides official notification to company’s shareholders of matters to be...
Mid-Size Cars Show Improved Safety
Apr 11 2008 // Several mid-size cars have made strides in protecting motorists in side crashes through standard air bags and improved designs, the insurance industry reports. Crash test results released Thursday by the Insurance...
AIG Names Executives for New Commercial Insurance Group
Apr 11 2008 // American International Group, Inc. (AIG) has named several executives to positions within its new AIG Commercial Insurance Group, formerly known as the Domestic Brokerage Group. AIG Commercial Insurance is part of the...
S&P Warns Soft Market Could Mean Downgrades for Commercial Insurers
Apr 9 2008 // The U.S. commercial lines property/casualty insurance “soft” pricing cycle will likely mean outlooks on some commercial lines insurers will be revised to negative in the second half of 2008, according to...
Farmers Business Insurance Appoints Samalya Executive VP/President
Apr 8 2008 // Farmers Group Inc., has appointedof Mhayse Samalya executive vice president of Farmers Group Inc. and president of Farmers Business Insurance. He previously was senior vice president of Farmers Group Inc. and president of...
Survey: 1Q Commercial Lines Premiums Drop Most Since 2005
Apr 7 2008 // Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers. Undeterred by mounting claims from the meltdown of...
Preferred Employers Introducers Medical Provider Network for California Businesses
Mar 26 2008 // San Diego-based Preferred Employers Insurance Co., which specializes inworkers’ compensation insurance for small employers in California, has created a medical provider network for treatment of work related injuries....
Florida’s Allstate Workplace Division Names Watkins
Mar 24 2008 // Florida-based Allstate Workplace Division, a subsidiary of The Allstate Corp., appointed W. Wayne Watkins, RHU as executive vice president, Sales and Distribution. In his new role, Watkins will oversee all the sales...
America’s Young Insurance Agents: Love and Optimism in the Workplace
Mar 24 2008 // “I wanted a job I could love,” says 29-year-old Meghan McGarry. She found it when she first went to work in an independent insurance agency in New York. Four and one-half years later, and now handling small...
Recall Crisis Recovery sm (RCR sm) Customized Recall Policy for Small to Mid-Sized Manufacturers
Mar 19 2008 // New Forms! New Wording! EXPOSURE: Do your clients know they are legally responsible for the safety of food and beverage products they manufacture? Governmental agencies do NOT differentiate based on the size of a...
