Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Lexington Insurance Hikes Capacity for Commercial Property to $1.5 Billion
Mar 14 2008 // Lexington Insurance Co., an AIG company, has increased its capacity for commercial domestic property insurance by an additional $1 billion, raising the total non-catastrophe property capacity to $1.5...
Zurich Services Corp. Partners with OSHA Fast Fix for Workplace Safety
Mar 13 2008 // Schaumburg, Ill.-based Zurich Services Corp.’s risk engineering division recently announced that it is collaborating with OSHA Fast Fix to help Zurich customers improve workplace safety, address the causes of...
North Carolina Company Fined for Fatal Workplace Accident
Mar 12 2008 // A Guilford County, North Carolina company has been fined more than $17,000 for violations found after the death of a teenager who became entangled in a grinder. The News & Record of Greensboro, N.C., reported that the...
Job Bias Claims Against Employers Up 9%– Biggest Rise in Years
Mar 6 2008 // The U.S. Equal Employment Opportunity Commission (EEOC) received a total of 82,792 private sector discrimination charge filings last fiscal year, the highest volume of incoming charges since 2002 and the largest annual...
Farmers Insurance Unit to Assume Zurich Small Business Renewals
Mar 5 2008 // Truck Insurance Exchange, a unit of Farmers Insurance Group, reports it will purchase the rights to access renewals on Zurich North America Commercial’s Small Business Solutions (SBS) $800 million book of...
Willis, Erickson Appointed Business Unit Managers at LWCC
Feb 29 2008 // Louisiana Workers’ Compensation Corporation (LWCC) announced it hired Joseph Erickson as business unit manager for its middle market accounts team and Vernon Willis Jr. as business unit manager for its large accounts...
Cambridge GA Offers Accidental Downtime for Commercial Auto
Feb 28 2008 // California-based Cambridge General Agency is offering coverage for accidental downtime for commercial auto risks. This coverage is only available for vehicles with comprehensive and collision coverage. The accidental...
10 Things to Know About Commercial Auto
Feb 24 2008 // 1. When should an insured consider a commercial auto policy over a personal auto policy that is rated for business use? Generally speaking, when the vehicle is: Used for business and owned by a corporation or...
Employers, Lawmakers Push Doctors to Adopt Electronic Prescriptions
Feb 22 2008 // Motivated by mounting medical costs, lawmakers and executives are urging doctors to embrace a seemingly simple way to save billions of dollars a year: prescribe medications online. Officials in the public and private...
Burns & Wilcox Adds Commercial Lines Producer in Cleveland
Feb 19 2008 // Burns & Wilcox recently announced that Karen Sutera has joined the company’s Cleveland office as a commercial lines producer. Sutera has more than 10 years experience in the insurance industry and has an...
N.C. Poultry Industry Workplace Safety Prompts Federal Hearings Plans
Feb 19 2008 // U.S. Senate and House committees are planning hearings on worker safety in the poultry industry following a report by The Charlotte Observer on House of Raeford, congressional leaders and aides said. “All Americans...
Flores Joins SWBC as Senior Commercial Lines Producer
Feb 19 2008 // San Antonio-based SWBC announced that Lori Flores has joined SWBC Insurance Services as senior commercial lines producer. Her focus will be construction risks and large accounts. Prior to joining SWBC, Flores worked for 10...
W. Va. Insurance Commissioner Says Employer Owes the State Money
Feb 15 2008 // W. Va. Insurance Commissioner, Jane L. Cline announced that a West Hamlin man who was indicted on several felony counts of workers’ compensation fraud, pleaded guilty to the charges in Kanawha County Circuit...
Best Practices for Employers Using Tests to Screen Employees
Feb 10 2008 // Federal watchdog advises how employers can avoid charges of discrimination in hiring procedures Employers often use tests and other selection procedures to screen applicants when hiring and evaluating employees for...
N.C. Workplace Deaths Dropped
Feb 10 2008 // The North Carolina Labor Department says workplace deaths dropped 29 percent statewide in 2007, down to 46 from 65 the year before. The leading cause of workplace death was being crushed, with those accidents having...
Motorists Mutual Adds Employment Liability to Commercial Auto Policies
Feb 5 2008 // Motorists Mutual Insurance Co. will automatically include $100,000 of employment practices liability insurance (EPLI) in most commercial policies starting in April. This change gives agents an additional selling tool,...
The Republic Group Now Writing Personal, Commercial Lines in Ark.
Feb 5 2008 // The Republic Group (Republic), based in Dallas, has entered the personal lines market in Arkansas, the company announced. Republic entered the state with its commercial lines products in December 2007. Republic companies...
Calif. High Court Rules Employers Can Fire Workers Using Medical Marijuana
Jan 28 2008 // Employers can fire workers found to have used medical marijuana even if it was legally prescribed, the California Supreme Court ruled last Thursday, dealing the state another setback in its standoff with U.S. law...
Employers Should Evaluate Testing Procedures to Eliminate Bias
Jan 27 2008 // Department to accept next round of applications Feb. 4 through Mar. 3 Employers often use test and other selection procedures to screen applicants when hiring and evaluating employees for promotion. In fact, there has been...
Commercial Insurers’ Stocks Flat in 2007; M&As Heat Up
Jan 27 2008 // Stock Prices: Commercial lines insurers’ stocks have been relatively flat in 2007. Chubb Corp. (NYSE:CB) posted the largest gain at 5 percent. M&A Activity: The fourth quarter started with a bang as two large...
