Latest Business Insurance Headlines

All the headlines from our Business Insurance Topic Page, ordered by recency.

PCI: Hurricanes Prove Commercial Insurance Value

Sep 9 2004 // The Property Casualty Insurers Association of America has issued a bulletin, which notes: “Business owners who debate the need for insurance coverage can learn a valuable lesson from Hurricanes Charley and...

Employers Re to Become GE Insurance Solutions

Sep 7 2004 // General Electric has announced that it intends to unify the branding of its reinsurance and commercial insurance products and services as GE Insurance Solutions. “The name change is significant, yet it’s just...

Commercial Property

Sep 6 2004 // Nuts & Bolts: AXIS U.S. Insurance’s excess and surplus property unit is now offering property insurance coverage for U.S.-based lumber, wood products and furniture risks. The underwriting of this specialized...

Commercial Property

Sep 6 2004 // Nuts & Bolts: AXIS U.S. Insurance’s excess and surplus property unit is now offering property insurance coverage for U.S.-based lumber, wood products and furniture risks. Covered risks include logging...

IGNORING WORKPLACE VIOLENCE:

Aug 23 2004 // A recent follow-up survey by the American Society of Safety Engineers (ASSE) found that many companies and organizations in all industries have yet to address the problem of workplace violence. ASSE said its Risk...

W. Va. WCC Files Suit Against Employers

Aug 17 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against three state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County...

AXA UK Names Richardson Group Business Risk Director

Aug 16 2004 // The board of AXA UK plc announced that it has approved the appointment of Ian Richardson to the board, in the newly created post of group business risk director. Richardson and his team will be responsible for operational...

Commercial Auto

Aug 9 2004 // Nuts & Bolts: Builders & Tradesmen’s Insurance Services (BTIS) announced a new online commercial auto program intended for up to four vehicles with a maximum GVW of 45,000 lbs. Classes of business include...

Allstate Workplace Division Unveils New Worksite Application for Independent Agents

Aug 3 2004 // Allstate Workplace Division has launched a new electronic worksite application program called AllApp for independent agents contracted to sell Allstate Workplace Division products. AllApp features a combined product...

Fla. Employer of Killed, Injured Workers Ordered to Halt Work Actions

Aug 2 2004 // The employer of two workers killed and at least three who were injured last month in a construction accident on a Hobe Sound work site has been ordered to cease all business operations in Florida. The order was issued...

BWC Offering Safety Classes for Ohio Employers

Jul 28 2004 // The Ohio Bureau of Workers’ Compensation (BWC) will offer several classes designed to teach the basics of health and safety in the workplace. “Safety education is an essential element in the overall success of...

Study: Employers Ignoring Workplace Violence

Jul 27 2004 // A recent follow-up survey by the American Society of Safety Engineers (ASSE) has found that many companies and organizations in all industries have yet to address the problem of workplace violence. The ASSE Risk...

AIG Small Business Launches WorldRisk TravelPak

Jul 26 2004 // AIG Small Business, a unit of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), introduced WorldRisk TravelPak(SM), a comprehensive package of international coverages designed for...

W. Va. WCC Files Suit Against Trio of Employers

Jul 23 2004 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against three state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County...

Axis Introduces New Commercial Property Capabilities

Jul 21 2004 // Axis U.S. Insurance has announced that its excess and surplus (E&S) property unit is now offering property insurance coverage for U.S.-based lumber, wood products and furniture risks. Jeffrey Berkshire has joined Axis...

‘Middle Market’ Not Immune to Directors & Officers Worries

Jul 19 2004 // The Enron, Adelphia, Global Crossing and WorldCom corporate governance and fraud scandals of 2001 and 2002 may seem like a distant and terrible memory, but the public received some harsh reminders recently. Former Enron...

Fitch Revises Outlook on U.S. Commercial Lines Sector to Stable

Jul 19 2004 // Fitch Ratings has revised its rating outlook for the U.S. commercial lines insurance sector to stable from negative. Fitch had maintained a negative rating outlook on the sector since September 2000. The revised outlook...

S.C. Small Employer Health Benefits Fair July 21

Jul 16 2004 // South Carolina small employers in the Lowcountry will have the opportunity to learn more about employee health benefits and other health coverage initiatives Wednesday, July 21, from 11 a.m. to 6 p.m. at the Embassy Suites...

Kibble & Prentice Releases Findings of Annual Employer Survey

Jul 15 2004 // Seattle-based Kibble & Prentice recently announced the results of its annual employee benefits survey. With nearly 200 Washington state companies reporting, the results showed three clear trends: health care costs...

Sacramento Broker Sentenced for Selling Small Business Phony Insurance

Jul 13 2004 // Suzanne Rita Beall was sentenced on July 12 to three years in state prison for grand theft, possession of forged documents with intent to defraud and embezzlement from an elder, at the Yolo County Superior Court in...