Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Legacy Texas Adds Commercial Lines Producers
Mar 8 2007 // North Texas-based Legacy Texas Insurance announced the addition of three new commercial lines producers. Josh Bagert and Nick Paschal, a recent graduate from Southern Methodist University, began with the agency in November...
Arrowhead Wholesale Adds Commercial Mid-Market Package Program
Mar 8 2007 // Arrowhead Wholesale Insurance Services LLC has added a market for mid-size to larger multi-family and commercial real estate accounts. Minimum $10 million total insured value of buildings per account (all locations) with...
LWCC Announces New Business Unit Manager of Small Accounts
Mar 2 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced it has hired Bernie Hewitt as business unit manager for the small accounts team. Hewitt joins LWCC from the Montana State Fund, where he was the operation...
Safeco to cut homeowners, commercial rates across California
Feb 26 2007 // Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California, according...
Stock prices mixed; middle market M&As remain active
Feb 26 2007 // Stock Prices: Brokers’ stock prices were mixed as 2006 came to a close. The two largest brokers did not fare well in 2006 as Marsh & McLennan Company Inc.’s (NYSE:MMC) stock was down 1.2 percent for the...
Stock prices mixed; middle market M&As remain active
Feb 25 2007 // Stock Prices: Brokers’ stock prices were mixed as 2006 came to a close. The two largest brokers did not fare well in 2006 as Marsh & McLennan Co. Inc.’s (NYSE:MMC) stock was down 1.2 percent for the year...
Jimcor Adds Business Auto Coverage for N.J. Artisan Contractors
Feb 15 2007 // Insurance broker Jimcor Agencies has announced a new facility to provide business auto coverage for artisan contractors, mobile catering trucks, manufacturers and distributors in New Jersey. The carrier is admitted in New...
Safeco To Cut Homeowners, Commercial Rates
Feb 13 2007 // Seattle-based Safeco has announced it will be cutting rates for California homeowners in 2007 an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California,...
Michealis to Head Commercial Lines Operations at IMA of Texas
Feb 13 2007 // Dallas-based IMA of Texas Inc. announced it has promoted April Michaelis to the position of commercial insurance operations manager. She formerly served as administrative/operations manager. In this position, Michaelis...
Georgia Lawmaker Wants to Ban Genetic Profiling by Insurers, Employers
Feb 6 2007 // Georgia state Rep. Ed Setzler says he’s seen a glimpse into the future — and he doesn’t like all he sees. The Acworth Republican has introduced a bill aimed at outlawing genetic profiling in Georgia by...
Texas State Senator Files Bill to Provide Tax Relief to Small Businesses
Feb 6 2007 // State Rep. Harvey Hilderbran (Kerrville) has filed House Bill 1022 and House Joint Resolution 54 which clarify that personal vehicles used for the production of income are exempt from ad valorem taxation. “Most small...
Del. Focuses on Workplace Safety for Hispanic Construction Contractors
Feb 5 2007 // As Delaware’s rural landscape gives way to housing developments, immigrant workers who once took jobs in the agriculture and poultry industries are turning to home construction and landscaping. While reaping the...
Mass. Settles with Employers Re Over Inflated Workers’ Comp Charges
Feb 2 2007 // Massachusetts Attorney General Martha Coakley has setttled a case brought by the state against Employers Reinsurance Group (ERC), a former subsidiary of General Electric, for unlawfully hiking the price of the Boston Water...
LWCC Urges Employers to Prepare Workers for Cold Weather
Jan 31 2007 // According to recent weather statistics, average February temperatures in Louisiana range from 43 to 64 degrees. Consequently, many Louisiana workers who have become accustomed to working in these milder than usual winter...
Small Business Owners Could Benefit from New Pension Law
Jan 30 2007 // Now is the time for small business owners to bone up on a new law that makes big changes in employee retirement plans. The Pension Protection Act of 2006, passed in August, rewrote many of the rules on pensions in an...
Commercial insurers’ stocks reflect 4th quarter profits, calm storm season
Jan 29 2007 // Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices...
Study: Young Have More Workplace Accidents But Lower Costs Per Claim
Jan 29 2007 // On average, younger workers have higher incidence rates of workplace injuries and illnesses than older workers while older workers have higher costs per claim, according to the industry’s National Council on...
Commercial insurers’ stocks reflect 4th quarter profits, calm storm season
Jan 28 2007 // Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices...
Liberty Mutual Fellowship Backs Workplace Safety Research
Jan 26 2007 // The Boston-based Liberty Mutual Group recently donated $30,000 to the American Society of Safety Engineers (ASSE) Foundation in continuation of its commitment to occupational safety and health research through the support...
Gardner Joins N.J.-Based Bollinger as Commercial Lines Director
Jan 19 2007 // Matthew Gardner has joined insurance broker Bollinger, Inc. as managing director of its Commercial Lines Division. He will operate out of the Short Hills, New Jersey corporate headquarters and will oversee...
