Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
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...
Fla. CFO Calls for Added $500M in Savings for State’s Small Businesses
Oct 5 2005 // Tom Gallagher, Florida’s chief financial officer, this week called for greater savings for Florida’s small businesses based on an independent review of proposed workers’ compensation rates for the...
EPLI Program for Small Employers
Oct 3 2005 // Nuts & Bolts: Rockwood Programs developed an Employment Practices Liability Insurance policy specifically tailored to address the unique needs of small employers. Companies with 15 employees or fewer are eligible for...
Large Manufacturing Commercial Property
Oct 3 2005 // Nuts & Bolts: General Casualty Ins. Cos. enhanced their commercial coverages and capacity becoming a market for additional manufacturing lines of business. The Sun Prairie, Wis.-based property and casualty insurer is...
Workplace Safety Seminar Set for Oct. 19 in Houston
Sep 28 2005 // The Texas Department of Insurance, Division of Workers’ Compensation will present a one-day educational seminar on Safety Inspection and Accident Investigation, on Wednesday, Oct. 19, from 8 a.m. to 5 p.m....
Oregon Says Employers will Pay $33.4M Less in Workers’ Comp Fees
Sep 25 2005 // Employers will pay $33.4 million less in state worker compensation fees in Oregon next year, officials said Thursday. Employers also can expect average worker compensation insurance rates to remain at the same level in...
Employers Security Insurance Co. Gets “A” Demotech Rating
Sep 23 2005 // Employers Security Insurance Company has earned a Financial Stability Rating (FSR) of “A-Exceptional” from Demotech Inc. This level of FSR is appropriate for insurers who possess an exceptional ability to...
Beazley Offers Employment Practices Liability for Mid-Sized Firms
Sep 21 2005 // Beazley, an insurer of specialty coverages, is offering an employment practices liability (EPL) policy to U.S. clients with up to 10,000 employees. The new policy will be offered in the admitted market and underwritten in...
Texas DWC Workplace Safety Seminars Set for October
Sep 21 2005 // The Texas Department of Insurance, Division of Workers’ Compensation announced it will present two one-day educational seminars on Safety Inspection and Accident Investigation in October in Fort Worth and...
Employers Security Earns “A” Rating from Demotech
Sep 21 2005 // Employers Security Insurance Company has earned a Financial Stability Rating of “A-Exceptional” from Demotech, Inc. Employers Security is a casualty insurer specializing in underwriting and issuing...
Employers in Midwest Pay Lower Hourly Cost Per Employee
Sep 21 2005 // Even figuring in the relatively high cost of workers’ compenstion insurance, employers in Midwestern states like Missouri and Illinois paid a lower hourly costs for employee compensation than the national...
Despite Drop in Workplace Injuries, Financial Impact Remains Significant
Sep 20 2005 // While risk managers, safety directors and senior financial executives cut the number of the most serious workplace injuries, those accidents continue to hit the bottom-line of employers hard, according to two Liberty...
ABI Sees Growing Consensus for Employers’ Liability Reform
Sep 20 2005 // The Association of British Insurers has issued a bulletin indicating that its calls for reform of the U.K.’s employers’ liability insurance market and the personal injury compensation system have been further...
MOST MINN. EMPLOYERS OFFER MED BENEFITS:
Sep 19 2005 // More than half of Minnesota employers offer paid medical insurance to full-time employees, according to the 2005 Minnesota Employee Benefits Survey. About 53 percent of firms offer paid medical insurance, while just 12...
West Virginia Circuit Court Convicts Employer for Workers’ Comp Fraud
Sep 15 2005 // Richard J. Custer Jr. has been convicted in Marshall County Circuit Court on felony a felony charge of making a false statement to the West Virginia Workers’ Compensation Commission for providing false information...
ASI Names Rowe to Head Texas Business Unit
Sep 14 2005 // Florida-based American Strategic Insurance Corp. announced that David P. Rowe has been appointed to the position of vice president with responsibility for ASI’s Texas business. The company said ASI Lloyds has become...
Law Installed as President of Zurich Small Business
Sep 12 2005 // Zurich, one of the nation’s largest property/casualty insurance companies, announced that Richard J. Law Jr., 46, has joined its North American operations as president of Zurich Small Business. He will work from the...
Best Puts NZ’s Commercial Ins. Services Rating Under Review
Sep 9 2005 // A.M. Best Co. announced that it has placed the financial strength rating of “A-” (Excellent) of New Zealand’s Consumer Insurance Services Limited (CISL) under review with developing implications. Best...
Mo. Employers Mutual Lowers Workers’ Comp Base
Sep 6 2005 // Missouri Employers Mutual said recently the average workers’ compensation insurance base rate will decrease by 5 percent for new and renewal business, starting Jan. 1, 2006. The workers’ comp insurer cited the...
Small Business Units Deliver Bread n’ Butter for Peak Performing Agencies
Sep 5 2005 // In the movie “City Slickers,” Billy Crystal’s character is taught he must understand “one thing” that will make his life complete. Along the way he meets a grey-haired cowboy who appears to...
