Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
THE SEIBELS BRUCE GROUP RECEIVES APPROVAL TO RESUME WRITING NEW COMMERCIAL LINES BUSINESS IN TENN:
Jan 12 2004 // The Seibels Bruce Group Inc. has received approval from the Tennessee Department of Insurance allowing subsidiary Catawba Insurance Company (CIC) to resume writing new risk-bearing commercial lines business in Tennessee....
Small Business BOP
Jan 12 2004 // Nuts & Bolts: Superior Access Insurance Services Inc., has a new Small Business BOP designed especially for office, retail, wholesale, service and high-tech classes of business. Businesses must have less than $5...
Liability for Small to Mid-Size Businesses
Jan 12 2004 // Nuts & Bolts: E.L.M. Insurance Brokers Inc. targets small to mid-size businesses with its professional liability suite of products, which includes liability coverage for employment practices, directors and officers,...
MFX Makes Available End-to-End ASP Commercial Lines Solution
Dec 31 2003 // MFXchange Holdings, Inc. (MFX) announced the launch of its end-to-end application service provider (ASP) commercial lines solution. The comprehensive processing system is Web-based and features benefits of ASP-based...
Best Downgrades Employers Reassurance
Dec 29 2003 // A.M. Best Co. announced that it has downgraded the financial strength rating to “A-” (Excellent) from “A” (Excellent) of Employers Reassurance Corp. (ERAC) and assigned a stable outlook. “The...
Delta General Named Employer of the Year by HAIW
Dec 29 2003 // The Houston Association of Insurance Women (HAIW) and Delta General Agency recently announced that Delta and its president and CEO, Bill Fink, were named Employer of the Year for 2003 by the association. In presenting the...
Employers Direct Cuts Calif. Rates More than Twice State Average
Dec 19 2003 // Employers Direct Insurance Company has cut its workers’ compensation insurance rates by 8.2 percent in its current filing with the California Department of Insurance. This decrease is reportedly more than twice the...
Calif. Employers, Industry Experts to Confront Workers’ Comp Crisis
Dec 16 2003 // Workers’ Compensation and disability management experts from across California will meet for a solutions-based conference on workers’ comp issues, Jan. 28-30, in Manhattan Beach, Calif. ABD Insurance and...
Employers Insurance Company of Nevada Report 3Q 2003 Financial Results
Dec 16 2003 // Employers Insurance Company of Nevada, A Mutual Company (“EICN”) and its wholly-owned subsidiary Employers Compensation Insurance Company (“ECIC”) formerly known as Fremont Employers Insurance...
Interstate Insurance Group Implements Web-enabled Rating for Pair of Its Major Commercial Lines
Dec 12 2003 // Interstate Insurance Group (IIG) has successfully implemented Web-based rating for two of its six major commercial lines using a combined interface integrating IT breakthroughs from ePolicy Solutions, Inc. and Docucorp...
St. Paul: Supervisor Training Key to Safer Workplaces
Dec 11 2003 // The St. Paul Cos. announced a new CD-ROM and online training series aimed at helping supervisors promote safe and healthy behaviors in the workplace. The series, “Striving for Excellence: Elements of Effective...
Employers Insurance Company of Nevada, A Mutual Company, Re-Names Subsidiary Companies
Dec 9 2003 // Employers Insurance Company of Nevada, A Mutual Company, (EICN) announced that it has re-named two wholly-owned subsidiaries. Effective immediately, the company formerly known as Fremont Employers Insurance Company will...
A.M. Best Reacts to OneBeacon’s Purchase of Atlantic Mutual’s Commercial Lines Renewals
Dec 8 2003 // A.M. Best Co. has commented that the financial strength and debt ratings of the subsidiaries of White Mountains Insurance Group(Hamilton, Bermuda) and Atlantic Mutual Companies (New York, N.Y.), remain unaffected following...
OneBeacon to Acquire Atlantic Mutual’s Commercial Insurance Business
Dec 8 2003 // OneBeacon Insurance Company, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has signed an agreement in principle to acquire the Atlantic Specialty Insurance Company, a subsidiary of Atlantic Mutual,...
McGraw Appointed to Board of Employers Direct
Dec 5 2003 // Michael McGraw, president and CEO of The McGraw Group of Affiliated Companies, has been named a director of Employers Direct Insurance Company. Employers Direct is the first new workers’ compensation insurance...
NAII Opposes NYPIUA Extension to Commercial Liability
Dec 4 2003 // The National Association of Independent Insurers has issued a bulletin calling the proposal to add commercial liability coverage to the property coverage currently available under the New York Property Insurance...
CALIF. WORKPLACE FATALITIES DECLINE BY 8 PERCENT IN 2002:
Dec 1 2003 // The number of workplace fatalities in California declined by 8 percent in 2002 according to the Department of Industrial Relation’s (DIR) Division of Labor Statistics and Research. The number of workers who died on...
S&P Affirms ‘BBBpi’ Rating for Maine Employers Mutual Insurance Co.
Nov 26 2003 // Standard & Poor’s has affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Maine Employers Mutual Insurance Co. The ratings reflect its extremely strong capitalization, strong...
Former N.J. Company Employee Ordered to Pay $4,000 to Employer
Nov 25 2003 // New Jersey Attorney General Peter Harvey announced that a former employee of a Hudson County insurance agency has been ordered to pay nearly $4,000 in restitution after reportedly admitting to concocting a scheme to issue...
E.L.M. Offers Liability ‘Suite’ For Small to Mid-Size Businesses
Nov 21 2003 // Los Angeles-based E.L.M. Insurance Brokers Inc., a specialist in professional liability, targets small to mid-size businesses with its “professional liability suite of products,” which includes liability...
