Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Del. Court Orders WC Claimant to Use Employer’s Medication Vendor
Sep 7 2012 // A Delaware court recently ruled that an employer can compel a workers’ comp claimant to use the company’s preferred prescription medication vendor. The ruling from the Superior Court of the State of Delaware...
The Hartford Names SVP for Commercial Markets Sales and Distribution
Sep 7 2012 // The Hartford Financial Services Group has named Matthew Kirk senior vice president of sales and distribution for the company’s commercial markets division. He is based in Hartford, Conn.Matthew KirkKirk joined The...
Employers Committed to Offering Health Plans; Cost Seen Going Up 5.3% in 2013
Aug 28 2012 // Following the U.S. Supreme Court decision on health care reform, most employers (88 percent) have affirmed their commitment to offer health care benefits to their active employees for the foreseeable future, according to a...
EMPLOYERS Names Ware SVP, Chief Actuary
Aug 20 2012 // Reno, Nev.-based EMPLOYERS named Bryan Ware senior vice president and chief actuary. Ware will be responsible for EMPLOYERS’ reserving, pricing, and risk analysis and will work with executive management to develop...
Beazley Forms Data Breach Response Business Unit
Aug 20 2012 // Beazley has established BBR Services, a new business unit dedicated to helping clients that have suffered a data breach manage the consequences. Data breaches involving the theft or loss of personally identifiable customer...
Business Risk Partners to Offer LIU-Backed E&O, D&O Coverage
Aug 20 2012 // Program administrator Business Risk Partners (BRP) will underwrite three additional programs in professional and management liability offered through Liberty International Underwriters (LIU), the global specialty lines...
Muslim Woman To Sue Disneyland Employer
Aug 14 2012 // A former Disneyland employee who says she was forbidden to wear a Muslim head scarf at work plans to sue the Walt Disney Co. for discrimination. The federal suit is expected to be filed Monday in Los Angeles on behalf of...
Survey: Small Business Optimism Drops, But Remains In Positive Territory
Aug 8 2012 // The Wells Fargo/Gallup Small Business Index fell six points to positive 17 in a survey conducted in July that reflects on the third quarter, but one economist who worked on the poll is taking the positive view that...
Employers Stressing Health Incentives for Employees: Aon
Aug 8 2012 // U.S. employers are increasingly utilizing monetary and other incentives to encourage employees and their families to become active in health and fitness programs and take better care of themselves, according to new survey...
Main Street America Expands Commercial Product Line to Minn.
Aug 7 2012 // The Main Street America Group has introduced its commercial product line, featuring its flagship main line business owners policy (main line BOP), to independent agents who represent the super regional property/casualty...
Tennessee Spells Out Qualifications for Exempt Commercial Risk Policyholders
Aug 6 2012 // Tennessee regulators have issued a new form to allow large companies to qualify as an exempt commercial risk policyholder and purchase insurance that is not regulated by the state. As of July 1, a new section was added to...
Few Employers in New England Plan to Drop Health Insurance: Survey
Aug 3 2012 // A new survey says few employers plan to drop health insurance following the Supreme Court ruling upholding the Patient Protection and Affordable Care Act — but most do plan to take steps to control costs. According...
NFIB, EMPLOYERS Expand Workers Comp Program to New Jersey
Aug 2 2012 // The National Federation of Independent Business (NFIB) has extended discounted workers’ compensation coverage benefits to its members in New Jersey through EMPLOYERS. Based on the latest expansion, EMPLOYERS offers...
Texas Employers Add Nearly 13K Jobs in June
Aug 1 2012 // Although the unemployment rate rose slightly in Texas in June 2012 compared with May 2012, the state still added nearly 13,000 nonfarm jobs during the month, state officials reported. Texas economy added 12,900 seasonally...
Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2
Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier. The results were hampered by weaker investment results and significant catastrophe...
Ironshore Launches Commercial Crime Coverage Through Pembroke Syndicate
Jul 26 2012 // Ironshore Inc. has launched a specialty commercial crime product to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London. Offering coverage limits up to GBP 20 million, Ironshore’s commercial...
Fireman’s Fund Adds Rippley as Commercial Insurance Exec. in Chicago
Jul 26 2012 // Fireman’s Fund Insurance Co. has appointed Leslie Rippley as commercial insurance zone executive for the West. She is based in the company’s Chicago office. Rippley will have underwriting responsibility and...
Police: Woman Killed in Arkansas Workplace Shooting
Jul 24 2012 // A woman is accused of fatally shooting a co-worker on July 23 at an Arkansas plant after the two apparently had an earlier altercation, authorities said. Lillie Foots-Wilson was being held on a first-degree murder charge,...
Heffernan, VentureLoop Launch Professional Employer Organization
Jul 24 2012 // Walnut Creek, Calif.-based Heffernan Insurance Brokers is partnering with VentureLoop to launch VentureLoop HR, a professional employer organization that provides payroll, benefits and human resources specifically for...
Employers Turn to Healthcare Law’s Requirements
Jul 23 2012 // The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and...
