Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Covered California Prices for Small Business to Rise 5.9%
Sep 19 2016 // Small business employees who get health coverage through the Covered California health insurance exchange will see an average price increase of 5.9 percent next year. The figure announced last week affects roughly 28,000...
Internet Insurance Group Launches Online Insurance Platform for Small Businesses
Sep 19 2016 // Internet Insurance Group (IIG), a Waltham, Mass., based insurance agency that sells commercial insurance to small businesses, has launched its flagship website, SmallBusinessQuote.com. The firm has been working to build...
Workplace Deaths on Rise in Missouri
Sep 19 2016 // Missouri has seen an increase in the number of workers killed while on the job, according to the Occupational Safety and Health Administration. Agency officials said 24 workplace deaths have been reported since...
Minnesotans on Employer Health Insurance Plans See Modest Rate Hikes
Sep 16 2016 // The majority of Minnesota residents aren’t experiencing the hefty health insurance rate hikes that shoppers who buy their coverage individually will see, according to data released by the federal government. More...
Drugs in U.S. Workplace at Highest Level in Decade
Sep 16 2016 // Following years of declines, the percentage of employees in the combined U.S. workforce testing positive for drugs has steadily increased over the last three years to a 10-year high. An analysis of nearly 11 million...
Cargo-Handling Firm Fined Nearly $339K for Workplace Hazards at O’Hare Airport
Sep 14 2016 // Federal safety workplace officials have cited a major cargo-handling company for exposing forklift operators at Chicago’s O’Hare International Airport to struck-by and electrical hazards, and proposed penalties...
New York to Provide $5M in Grants to Prevent Workplace Injuries
Sep 14 2016 // New York state is providing $5 million in grants to improve safety conditions in low-wage industries. Gov. Andrew Cuomo announced the program Saturday after participating in a Labor Day parade in New York City. The...
Argentina Looks to Lower Workplace Injury Costs
Sep 14 2016 // Argentina is preparing a new workplace injury law as it seeks to reduce costs for companies, some of which spend as much as 20 percent of their labor budget on insurance, said Cabinet Secretary Mario Quintana. The bill...
AIG Commercial Lines CEO Schimek Eyes Acquisitions for Value-Added, Not Scale
Sep 12 2016 // American International Group Inc. would weigh acquisitions to bolster high-priority businesses, even as Chief Executive Officer Peter Hancock exits other units, the head of the company’s commercial insurance...
Work Comp Bureau Funding Workplace Safety Research at Ohio Universities
Sep 12 2016 // The state Bureau of Workers’ Compensation has awarded two Ohio universities with money to research occupational health and safety. The grants support research in how injuries can prevented in the workplace and ways...
How Employer Cash Flow Impacts Workplace Safety
Sep 7 2016 // More than 3.5 million workplace injuries and illnesses occur each year in the United States, costing an estimated $250 billion annually. A new study from The University of Texas at Dallas examined how financing constraints...
Nurses on Strike at 5 Minnesota Hospitals over Insurance, Workplace Safety
Sep 6 2016 // Thousands of nurses at five Minnesota hospitals on Sept. 5 began an open-ended strike in a dispute over health insurance, workplace safety and staffing. Clad in red T-shirts, members of the Minnesota Nurses Association,...
Finding Clues to Spot Violence in the Workplace
Sep 6 2016 // In most incidents involving violence in the workplace, there are warning signs that precede an event, according to Jim Satterfield, president, COO and founder of crisis coaching firm Firestorm. According to a Firestorm...
Workplace Deaths on Rise in Missouri
Sep 1 2016 // Missouri has seen an increase in the number of workers killed while on the job, according to the Occupational Safety and Health Administration. Agency officials said 24 workplace deaths have been reported since...
Stoneburner to Retire; Spray to Lead Commercial Lines at Cincinnati Insurance
Aug 23 2016 // Cincinnati Financial Corp. announced that Charles P. (Bud) Stoneburner II, senior vice president – commercial lines for its lead subsidiary, Cincinnati Insurance Co., will retire within the next six months. Upon his...
Man Pleads Guilty to Stealing $1.4M from Pennsylvania Employer
Aug 22 2016 // A man federal prosecutors say was victimized in an overseas, online romance scam has pleaded guilty to wire fraud for stealing more than $1.4 million from two Pittsburgh, Penn., area companies whose funds he controlled,...
Small Business Satisfaction
Aug 22 2016 // No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers,...
New Jersey Manufacturer Faces $56K in Fines for 10 Workplace Safety Violations
Aug 19 2016 // National Manufacturing Co. Inc. of Chatham, N.J., was cited in July by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for 10 workplace safety violations, amounting to $56,000 in...
BTIS Announces Launch of New Online Commercial Auto Program
Aug 18 2016 // Rocklin, CA, August 18, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30...
New York Court Rules in Favor of Injured Electrician Seeking Recovery From Employer
Aug 15 2016 // A New York court has ruled in favor of an electrician seeking recovery of unsatisfied judgment from his employer and its insurance company after being injured on the job. Pramendra Persaud was injured after falling off of...
