Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Hibernia Opens First Texas Commercial Insurance Office
Dec 14 2004 // Hibernia Insurance Agency LLC, the insurance affiliate of Hibernia National Bank, announced the opening of its first Texas commercial insurance office. The office will serve the insurance and risk management needs of...
Competition and Investigations Are Squeezing U.S. Commercial Lines’ Earnings, Report Says
Dec 7 2004 // U.S. insurers will see their 2004 earnings from commercial lines fall as rate increases peak and legal investigations intensify, according to a report published by Standard & Poor’s. The report, titled...
Calif. Releases 2005 User Funding/Fraud/Uninsured Employer & Subsequent Injury Fund Rates
Dec 6 2004 // The California Department of Industrial Relations (DIR) has issued 2005 assessment rates for User Funding, Anti-Fraud Programs, the Uninsured Employer Benefit Trust Fund and the Subsequent Injury Benefit Trust Fund. State...
Small Business Enhancements
Dec 6 2004 // Nuts & Bolts: The Chubb Group of Insurance Cos. is now offering a package of eight key coverages tailored to the needs of small businesses with enhancements to Chubb’s “ForeFront Portfolio.” The...
Small Business Enhancements
Dec 6 2004 // Nuts & Bolts: The Chubb Group of Insurance Cos. is offering a package of eight key coverages tailored small businesses with enhancements to Chubb’s “ForeFront Portfolio.” The changes include a lower...
Small Business Enhancements
Dec 6 2004 // Nuts & Bolts: The Chubb Group of Insurance Cos. is now offering a package of eight key coverages tailored to the needs of small businesses with enhancements to Chubb’s “ForeFront Portfolio.” The...
HULL INTRODUCES FLORIDA COMMERCIAL RISK PROGRAM:
Dec 6 2004 // An exclusive Best’s-rated “A XIV” program for commercial risks, including and excluding wind, is now available in Florida from Hull & Company. The property program is designed for risks up to $5...
Fla. Employer of Workers Killed at July Construction Site Accident Charged with Fraud
Nov 26 2004 // The employer of two workers killed in a July construction accident on a Hobe Sound work site has been arrested and charged with workers’ compensation fraud, Florida’s Chief Financial Officer Tom Gallagher...
R&M Releases 2004 Guide to U.K. Distribution of Commercial General Insurance
Nov 26 2004 // Dublin’s Research and Markets has announced the addition of a guide to U.K. Commercial Insurance Distribution 2004 to their offering. “This report provides a comprehensive guide to the distribution of...
Ky. Gov. Appoints Former Legislator to Employers’ Mutual Insurance Authority Board
Nov 24 2004 // Kentucky Gov. Ernie Fletcher recently announced the appointment of Jon Ackerson of Louisville to the Kentucky Employers’ Mutual Insurance Authority Board of Directors. Ackerson is currently an attorney with Ackerson...
Rated Self-Insurance Pools Outperform Commercial Insurers and Captives, A.M. Best Study Shows
Nov 18 2004 // Self-insurance pools interactively rated by A.M. Best Co. bear out the effectiveness of the stringent entrance requirements of members, focused loss-mitigation activities, and ownership interest in both the loss exposure...
Utah WCF Urging Workplace Safety for Fall/Winter
Nov 11 2004 // As temperatures fall, certain workplace injuries tend to rise. Utah’s Workers Compensation Fund is urging workers statewide to learn preventive tactics to remain safe on the job this fall and winter. Common...
Hull Introduces Commercial Risk Program
Nov 9 2004 // An exclusive Best’s-rated “A XIV” program for commercial risks, including and excluding wind, is now available in Florida from Hull & Company. The property program is designed for risks up to $5...
Nine Ways to Get Personal When Selling Business Insurance
Nov 8 2004 // Every business insurance prospect yearns to be treated as an individual. No serious executive, regardless of their firm’s size, wants their company’s insurance problems to be solved by some prewritten,...
Best Lowers Outlook for Employers Re Group, Westport, First Specialty to Negative
Nov 3 2004 // A.M. Best Co. announced that it has revised the rating outlook to negative from stable on the “A” (Excellent) financial strength ratings for Employers Reinsurance Corporation of Overland Park, Kan. and GE...
B&W to Discontinue Small Business WC Product
Oct 26 2004 // Baldwin & Lyons, Inc. announced that its Indiana-based Sagamore Insurance Company subsidiary will no longer market and underwrite workers’ compensation coverage for small businesses. “This product line,...
Employers Re Affirmed
Oct 25 2004 // Standard & Poor’s Ratings Services affirmed its “A+” counterparty credit and financial strength ratings on Employers Reinsurance Corp. and affiliated insurance/reinsurance entities (collectively...
Small Businesses Struggle to Stay Afloat in Hawaii’s Tumultuous Workers’ Comp Market
Oct 25 2004 // The issues surrounding Hawaii’s workers’ compensation system have been a topic of debate for agents, brokers, politicians and small businesses over the past several months as reform attempts to fix the troubled...
Progressive Now Offering Commercial Auto in N.H.
Oct 22 2004 // As previously reported by Insurance Journal, The Progressive group of companies has begun offering commercial auto coverages in New Hampshire through more than 200 agents. The product is being marketing under its new Drive...
Illion to Lead CNA Small Business Unit
Oct 21 2004 // Chicago-based CNA Financial Corp. announced that Larry Illion has joined CNA insurance companies as senior vice president of CNA Small Business, a $650-million business operation. Prior to joining CNA, Illion worked for...
