Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Idaho Economic Developers Want Employer Incentive Fund
Dec 27 2011 // State lawmakers need to create a $5- to $10-million fund that could be used to entice high-paying employers to the state by rewarding them with incentive packages, Idaho economic developers said. The Boise Valley Economic...
Florida Commercial Health Plan Enrollment Continues Overall Slide
Dec 22 2011 // Enrollment in commercial health insurance in Florida was down 4.3 percent in 2010, the fifth straight year it has dropped. The annual report of the Florida Health Care Insurance Advisory Board shows that total enrollment...
Air Force Building in Georgia Clears the Air for Workplace Safety
Dec 22 2011 // A year ago, Building 169 at Robins Air Force Base in Georgia was the epicenter of the base’s troubles with the Occupational Safety and Health Administration. An inspection of the building by OSHA investigators found...
Employers Offers 5% Workers’ Comp Discount for Florida Businesses
Dec 14 2011 // Some small businesses in Florida will see an automatic 5 percent discount on their workers’ compensation policies through a new program offered by Employers Holdings, Inc. The Florida Office of Insurance Regulation...
Alabama Businesses Working on Workplace Safety
Dec 8 2011 // It’s not uncommon for Troy Collett to feel like he’s playing a game of dodge cars when he’s making a delivery in downtown Florence, Alabama. “I’ve felt the exhaust off the tailpipes (of the...
Travelers CEO Says His Company’s Business Insurance Rates Up Over 5%
Dec 7 2011 // The Travelers Companies CEO Jay Fishman said at a financial conference yesterday that his company raised rates for business insurance customers by 5.2 percent in October, followed by 5.8 percent in November, according to a...
CNA Appoints Commercial Underwriting Officer in Boston
Dec 7 2011 // CNA Financial Corporation appointed Charles O’Donnell as commercial underwriting officer for its Boston branch office. In this position, O’Donnell will add local underwriting leadership and technical...
Rate of Virginia Workplace Injuries Up in 2010
Dec 5 2011 // The rate of workplace injuries increased in 2010 in Virginia, but still remains below the national rate. The Virginian-Pilot of Norfolk said a state Department of Labor and Industry report released last Thursday shows that...
RIMS: Soft Market Has Hit Bottom for Commercial Lines
Dec 5 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
N.Y. Loosens Regulations for Large Commercial Insureds
Dec 5 2011 // New York State Department of Financial Services issued new rules to implement a new state law that deregulates most insurance business for large, sophisticated companies and public entities. The law exempts insurers from...
Ohio Businesses Awarded More Than $273K for Workplace Safety
Nov 23 2011 // The Ohio Bureau of Workers’ Compensation (BWC) awarded 13 businesses safety intervention grants totaling more than $273,000 during October to make Ohio workplaces safer, the agency announced. BWC designed the Safety...
New York Loosens Commercial Insurance Regulations for Large Insureds
Nov 21 2011 // New York State Department of Financial Services announced on Monday that it issued new regulations to implement a recently adopted state law that deregulates most insurance business for large, sophisticated companies. The...
Texas DPS: More than 66K Unsafe Commercial Vehicles Sidelined This Year
Nov 21 2011 // Since the beginning of the year, Texas public safety officers have removed more than 66,000 unsafe commercial vehicles and more than 12,000 unsafe commercial drivers from the state’s roadways, the Department of...
AIG Says Commercial Line Rate Hike Is Accelerating
Nov 21 2011 // American International Group said recently its U.S. commercial line rates are increasing at an accelerated pace. A number of other major insurers have offered similar observations in the latest earnings season. “In...
Small Business Owners Trust Their Agents, Survey Reports
Nov 21 2011 // Small business owners trust their independent insurance agents and commercial insurance carriers more than other financial services businesses, a new study reports. The study, commissioned by The Hanover Insurance Group...
California’s State Fund Names Welsh Chief for Workplace Safety
Nov 18 2011 // California’s State Compensation Insurance Fund on Friday named Len Welsh head of workplace safety. Welsh is charged with directing State Fund’s strategies to advance occupational safety and health in...
Employers Pay Workers More Where Sexual Harassment Risk Exists: Study
Nov 18 2011 // Female workers are six times more likely than male workers to experience sexual harassment on the job, according to a report out of Vanderbilt University in Nashville. Vanderbilt University economist Joni Hersch has...
Soft Market Has Hit Bottom for Commercial Lines, New RIMS Survey Says
Nov 16 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
Van Wagoner Entering Oklahoma Commercial Earthquake Market
Nov 16 2011 // Texas-based managing general agency, Van Wagoner Companies, plans to begin selling “monoline” commercial earthquake insurance as a surplus line in Oklahoma, the Oklahoma Insurance Department announced. Van...
Small Business Owners Report High Trust in Agents, Survey Reports
Nov 14 2011 // Small business owners trust their independent insurance agents and commercial insurance carriers more than other financial services businesses, a new study reports. The study, commissioned by The Hanover Insurance Group...
