Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Safeco Automates Sales for Mid-Market Commercial Accounts
Nov 18 2005 // Seattle-based Safeco has announced it has fully automated the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of Columbia, independent agents...
Survey Shows Minn. Workplace Injuries Continue to Decline
Nov 17 2005 // A recent Minnesota workplace survey shows the state’s injury and illness rate decreased by 3.6 percent in 2004, following an 8.3 percent decrease in 2003. A total of 105,500 nonfatal workplace injuries and illnesses...
Employers, Employees Could Be Hurt by Disability Income Insurance Changes, Study Says
Nov 15 2005 // Proposed changes in the regulation of disability income insurance in California could significantly increase the cost of coverage and discourage some injured employees from returning to work, according to a study released...
Oxnard, Calif. State Fund Office Offers Employer Safety Seminar
Nov 15 2005 // As part of State Fund’s ongoing educational program to create safe workplaces and update employers on new workers’ compensation insurance rules, its Oxnard District Office will hold a free safety seminar on...
RI3K to Expand Service Platform to Commercial Lines
Nov 9 2005 // London-based RI3K has announced that by the end of this month it will expand its electronic trading platform services to certain commercial lines. The company said it will initially handle International Property, North...
Maine Employers Mutual Rewards Employers with $4 Million in Dividends
Nov 8 2005 // This week, Maine’s largest workers’ compensation insurer Maine Employers’ Mutual Insurance Company (MEMIC) is mailing $4 million in dividends to its policyholders for performance in 2002. More than 19,500...
Safeco Automating Sales Process for Mid-Market Commercial
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of...
EPLI for Small Employers
Nov 7 2005 // Nuts & Bolts: Rockwood Programs, through the Rockwood Guardian EPLI Risk Purchasing Group, has developed an employment practices liability insurance policy for small employers. Companies with 15 or fewer employees are...
Study Says 8 in 10 American Small Businesses Not Ready for Disaster
Nov 2 2005 // In the wake of Hurricanes Katrina, Rita, and, most recently, Wilma, 79% of American small businesses say they do not have a disaster recovery plan in place, according to a new study from the International Profit Associates...
Study Reports Commercial Lines Dominate at Top 10 Banks in Insurance
Nov 1 2005 // Commercial property and casualty is the dominant insurance line – by far – among the nation’s leading banks in insurance, according to the recently published “Who’s Who in Bank...
CA State Fund To Host Confined Workplace Spaces Seminar
Nov 1 2005 // California State Compensation Insurance Fund’s Stockton District Office and the Stanislaus County Farm Bureau will jointly hold a free seminar, “Confined Space in the Workplace,” on November 3rd in...
Okla. Program to Help Small Businesses Provide Insurance
Oct 27 2005 // An Oklahoma program that begins Nov. 1 will use tobacco taxes and federal funds to subsidize small businesses wanting to provide insurance to their employees. Officials estimate the program will help 50,000 to 70,000...
Employer Guilty of Providing False Information to W.V. Workers Compensation Commission
Oct 25 2005 // West Virginia Insurance Commissioner, Jane L. Cline, announced Tuesday that Richard Custer Jr., was sentenced Oct. 12 on one felony charge of making a false statement to the Workers’ Compensation Commission. Custer,...
Commercial P/C Market Gets Ready for Post-Katrina Price Increases
Oct 24 2005 // Commercial insurance brokers from across the country say so far, the impact of Hurricanes Katrina and Rita has been minimal, but they are bracing for higher prices, reduced capacity, increases in deductibles and tighter...
RIMS Benchmark Survey Reports Major Downturn in Commercial Rates
Oct 20 2005 // Commercial insurance premiums took a sharp downward turn in the third quarter, according to the RIMS Benchmark Survey, an industry survey of current policy renewal prices as reported by corporate risk managers. But some...
Midwest Employers Pay Lower Cost Per Employee
Oct 17 2005 // Employers in Midwestern states like Missouri and Illinois paid lower hourly costs for employee compensation than the national average. According to the U.S. Bureau of Labor Statistics, employers in the West North Central...
Bollinger Adds Payne as VP in Commercial Unit in N.Y.
Oct 14 2005 // Carolyn Payne has joined Bollinger Insurance in Short Hills, N.J. as vice president in the commercial insurance division. She is based in the firm’s Wall Street New York City office which includes among its...
State Fund Hosts Ergonomic Workshop to Reduce Workplace Injuries
Oct 13 2005 // State Compensation Insurance Fund’s San Francisco District Office is hosting a free Office Ergonomics Workshop to help employers learn the benefits of “fitting the job to the worker rather than forcing the...
W.Va. Indicts Employer, Employee for Workers’ Compensation Fraud
Oct 12 2005 // West Virginia Insurance Commissioner, Jane L. Cline, announced one employer, Brett A. Starr was indicted last month by a Kanawha County Grand Jury on the felony offense of Workers’ Compensation Fraud. At the same...
Nev. Comp Provider Returns Premiums, Pays Dividends to Employers
Oct 11 2005 // Builders Insurance Co., one of Nevada’s two largest workers’ comp insurers, and the state’s largest contractor-only workers’ comp provider, has paid out a set of safety-related dividends and...
