Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Poe Financial Group’s Commercial Division Hits $100 Million Mark
Oct 31 2003 // Florida-based Southern Family Insurance Company, a member of the Poe Financial Group, announced that as of Oct. 20, it reached the $100 million mark in annualized Commercial Property premium. The total combined annualized...
St. Paul Opens Colorado Springs Service Center For Small Business Accounts
Oct 31 2003 // As part of The St. Paul Companies’ continued expansion into the small business insurance marketplace, the company announced recently the opening of a Commercial Service Center for its small business customers and...
NYSID to Hold Public Hearings on Commercial Liability Markets
Oct 29 2003 // Superintendent of Insurance Gregory V. Serio announced that the New York State Insurance Department will hold public hearings around the state to determine whether he will require the New York Property Insurance...
The Seibels Bruce Group Receives Approval to Resume Writing New Commercial Lines Business in Tenn.
Oct 24 2003 // 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....
Mo. WC Tax Cut to Save Employers $12 Million
Oct 23 2003 // Missouri Gov. Bob Holden announced that the administrative tax on Missouri workers’ compensation insurance premiums will drop 50 percent in 2004, saving employers more than $12 million. The administrative tax will...
Small Business Owners Policy
Oct 20 2003 // Nuts & Bolts: Cascade/Amstar has available a market for small business owners policy. Endorsements—Many extensions of coverage including business income on an actual loss sustained, accounts receivable, valuable...
Safeco Plans Use of New Business Automation
Oct 10 2003 // In a major enhancement to its point-of-sale automation, Seattle-based Safeco has unveiled plans for a single, unified web-based technology platform that will reportedly make it faster and easier for independent...
BOPs, The Small Business Shield
Oct 6 2003 // Like a fine wine, BOPs seem to be getting better with age. Long the marketplace standard of property and liability insurance for small businesses, BOPs, known more formally as Business Owners Package policies, have...
BOPs, The Small Business Shield
Oct 6 2003 // Like a fine wine, BOPs seem to be getting better with age. Long the marketplace standard of property and liability insurance for small businesses, BOPs, known more formally as Business Owners Package policies, have...
Employers, Fremont Report Q2 2003 Results
Sep 30 2003 // Employers Insurance Company of Nevada, A Mutual Company (“EICN”) and its wholly-owned subsidiary Fremont Employers Insurance Company (“FEIC”) (collectively “the Company”), leading...
IWIF, MERVO Partnership Increases Workplace Safety Training for Students
Sep 16 2003 // In an effort to reduce workplace injuries among Maryland teens the Injured Workers’ Insurance Fund, the state’s largest workers’ compensation insurance company, developed a teacher’s guide called:...
Landmark WC Legislation to Provide Relief for Calif. Employers
Sep 11 2003 // Calif. Insurance Commissioner John Garamendi said that legislation crafted by the Workers’ Compensation Conference Committee will bring stability to the market and is an “outstanding” first step toward...
Employers, Workers, Happy with Wash. L&I’s Claims Handling Practice
Sep 8 2003 // Most employers and injured workers are reportedly happy with how the Washington Department of Labor and Industries handles workers’ compensation claims, according to a recent customer satisfaction survey. The Gilmore...
XL America, ICAT Form Partnership to Underwrite CAT Risks for Small and Mid-Size Businesses
Sep 2 2003 // XL America, Inc., a subsidiary of XL Capital Ltd., announced the execution of a general agency agreement with International Catastrophe Insurance Managers, LLC (ICAT), of Boulder, Colo., a specialist in underwriting...
David Young Named Zurich NA’s Middle Markets Strategy VP
Aug 28 2003 // Schaumburg, Ill.-based insurer Zurich North America announced that David Young has been named first vice president of strategy for its middle markets business unit. Young will be responsible for developing and implementing...
Employers, Injured Workers, Happy with Wash. L&I’s Claims Handling Practices
Aug 21 2003 // Most employers and injured workers are happy with how the Washington Department of Labor and Industries handles workers’ compensation claims, according to a recent customer satisfaction survey. The Gilmore Research...
NAII and OSHA to Host Workplace Safety Workshop in Ill.
Aug 12 2003 // The National Association of Independent Insurers (NAII), in conjunction with individual insurers and OSHA, is hosting a workshop in Illinois focusing on workplace safety for small businesses. “Safety at Work I: Risk...
Assurex Global: Commercial Middle Market Premiums Stabilizing
Aug 8 2003 // There is reportedly relief in sight for commercial insurance buyers numb from years of hefty premium increases and stiff underwriting conditions. The commercial middle market will enjoy lower rate increases and some flat...
Ace Ltd. Forms New Risk Mgt. International Business Unit
Aug 6 2003 // ACE Limited announced the creation of a new business unit, ACE Risk Management International, in a move to address the developing risk-financing needs of major corporations. Roger Gillett will assume the title of president...
St. Paul Names New Senior VP of Specialty Commercial Insurance
Aug 6 2003 // The St. Paul Cos. announced that Gregory Vezzosi, a 27-year veteran of the property-casualty insurance industry, has been named senior vice president, Specialty Commercial. The appointment is effective immediately. Vezzosi...