Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Small Businesses Bypassing Minnesota Health Insurance Exchange
May 27 2015 // Minnesota’s health insurance exchange is having a big problem with attracting small businesses. MNsure was originally expected to cover 155,000 people in small-group plans by next year. Enrollment was only 1,405...
AXA to Acquire Large Commercial Risks Subsidiary of SulAmérica
May 22 2015 // AXA announced it has entered into an agreement with SulAmérica SA to acquire 100 percent of its large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million...
Cal/OSHA Finds Employer at Fault in Window Washer’s 11-Story Fall
May 20 2015 // Cal/OSHA has cited Century Window Cleaning for five safety hazards following an investigation into a window washer’s 11-story fall from the roof of a San Francisco building last year. Two of the five hazards cited...
Emergency Loans for Drought Available for Small Businesses in Idaho
May 19 2015 // Small businesses in a handful of counties in southern Idaho are now eligible to apply for low interest federal loans to help offset the costs of prolonged drought. The U.S. Small Business Administration announced last week...
ACE Enhances Excess Casualty Coverage for Middle Market Companies
May 12 2015 // ACE Group has expanded its range of excess casualty corporate risk coverages to provide more extensive protection to middle market clients. The enhanced offerings, available for businesses with revenues up to $1 billion,...
Best Sees Insurance Opportunities with Increasing Commercial Drone Use
May 12 2015 // A.M. Best’s analysis of the growth in the use of drone aircraft concludes that the “commercial use of drones presents exciting possibilities to a number of industries, but as with any new technology, unique and...
Employers Try Adding Genetic Testing to Employee Wellness Mix
May 7 2015 // Employers may one day help determine if employees’ genes are why their jeans have become too snug. Big companies are considering blending genetic testing with coaching on nutrition and exercise to help workers lose...
Florida-Based Triton Acquires Phoenix Insurance, Expands into Commercial Market
May 5 2015 // Triton Insurance Group, Inc., based in Margate, Fla., has entered the commercial insurance market with the acquisition of Phoenix Insurance Group, located in Coral Springs. Currently, Triton Insurance Group, Inc., offers...
RIMS Report: Insurers, Employers Still Figuring Out Legal Marijuana’s Effects
May 3 2015 // Following the lead of a pioneering few, more states around the country are warming up to the idea of legalizing marijuana use for medical or recreational purposes, or both. But with legalized pot still in its infancy, it...
Baltimore Riot Damage Adds Burden to Small Businesses
May 1 2015 // Richard Sung Kang’s American dream came crashing down in a shower of broken glass. His West Baltimore liquor store and bar, the Oxford Tavern, was hit by looters during a riot over the police-involved death of...
AIG’s Commercial Lines Improves in Q1
May 1 2015 // American International Group Inc.’s reported good news in its commercial lines business during the first quarter that was partially offset by low interest rates and weak investment returns. AIG on Thursday reported...
Muted Public Reaction Could Speed Up Commercial Drones
Apr 27 2015 // The U.S. government’s first attempt to set widespread rules for the use of civilian drones by businesses is drawing less reaction from the public than expected, a development that may help speed implementation of the...
Employers Names Brown Senior Vice President in California
Apr 24 2015 // RENO, Nev.-based Employers Holdings Inc. has named Lori A. Brown senior vice president and deputy general counsel. Brown is based out of the company’s San Francisco and Walnut Creek, Calif. offices. She is the...
10 Most Common and Costliest Small Business Claims
Apr 20 2015 // Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most...
North Carolina Report on Workplace Deaths Questioned
Apr 20 2015 // North Carolina authorities have praised a sharp decline in workplace deaths over the past few years, but what Labor Commissioner Cherie Berry hasn’t said is the state changed the criteria for the deaths it...
Questions Arise Over Reporting of North Carolina Workplace Deaths
Apr 15 2015 // North Carolina authorities have praised a sharp decline in workplace deaths over the past few years, but what Labor Commissioner Cherie Berry hasn’t said is the state changed the criteria for the deaths it...
10 Most Common and Costliest Small Business Claims
Apr 9 2015 // Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most...
Employers’ Shift to Private Health Exchanges May Cost Employees More
Apr 7 2015 // To limit the rising cost of health care, U.S. companies are increasingly turning to private insurance exchanges that let employees shop for plans, according to research from Accenture Plc. About 6 million people got health...
XL Launches Security Insight Platform to Identify Global Business Risks
Apr 7 2015 // XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform. Created and frequently updated by Salamanca Group, the merchant banking and operational...
Work Comp for PEOs and Their Client/ Employers
Apr 6 2015 // Professional employer organizations (PEOs) began their rise after the adoption of the Tax Equity and Fiscal Responsibility Act of 1982 cleared a path for the creation and expansion of such entities. Between 700 and 900...
