Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Michigan Agency Plans Workplace Safety Rules Changes
Mar 14 2012 // A state office is making hundreds of recommendations to eliminate Michigan workplace safety regulations that exceed federal standards. The report released by the Office of Regulatory Reinvention aims to eliminate what the...
Missouri Senate Passes Workplace Discrimination Measure
Mar 12 2012 // The Missouri Senate has given final approval to legislation aimed at changing the state’s rules for lawsuits that deal with workplace discrimination. Senators backed the bill in a 23-8 vote along party lines, sending...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 12 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Wyoming House Sends Workplace Safety Bill To Governor
Mar 9 2012 // A proposal aimed at increasing workplace safety in Wyoming through voluntary inspections is on its way to Gov. Matt Mead. The Wyoming Tribune Eagle reported that the Senate gave final approval to the bill on Wednesday. The...
Aces Commercial Insurance Services Announces New Contractor GL Online Rate, Quote, & Bind Program
Mar 8 2012 // Costa Mesa, CA, 03/06/12 – Aces Commercial Insurance Services, a leading GA/Wholesale brokerage specializing in general liability markets, announces the launch of a new online, rate, quote, & bind program. The new...
N.Y.-based Preferred Concepts Names VP to Lead Online Business Unit
Mar 5 2012 // Preferred Concepts LLC, a national insurance program administrator and specialty broker, appointed Georgeanna Munger as vice president to manage the company’s ezumbrella.com business unit. Georgeanna Munger Munger...
Social Recruiting: Branding Your Company as an Employer of Choice
Mar 5 2012 // Seventy-nine percent of companies are already using or planning to use social media in their business strategy. The No. 1 benefit organizations attribute to social media is increased awareness among target customers. Yet...
Workers’ Comp Surcharge Cost Burden to N.Y. Employers: Study
Mar 1 2012 // The assessment surcharge added to workers’ compensation costs for New York employers is increasingly becoming a burden for businesses, according to a new study. In New York State, the assessment surcharge is...
Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched
Feb 29 2012 // The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based...
Auditor Questions Tax-Exempt Status of Missouri Employers Mutual
Feb 28 2012 // Releasing an audit of a tax-exempt workers’ compensation insurer in Missouri, State Auditor Tom Schweich called for the legislature to investigate whether its tax-exempt status should be retained. Schweich released...
Workplace Bullying Could Become Safety Violation in Hawaii
Feb 27 2012 // Bullying, abuse and verbal harassment in the workplace may cause employees physical and psychological harm. That’s part of the rationale behind a proposal in Hawaii to make abusive conduct against an employee an...
Wisconsin Assembly Ends Workplace Discrimination Awards
Feb 23 2012 // The Wisconsin State Assembly has passed a bill that would put an end to punitive and compensatory damages for workplace discrimination. Currently, workers can file discrimination complaints with the state Department of...
JLT in Tie-up with Spanish Commercial Broker Unipsa
Feb 15 2012 // The UK-based Jardine Lloyd Thompson Group plc announced that it will combine its existing Spanish retail brokerage business, JLT-SIACI Espana S.L., with the business of March – Unipsa Correduria de Seguros, S.A.U.,...
Missouri House Approves Workplace Discrimination Bill
Feb 13 2012 // Despite several lawmakers voicing fears about reversing decades of hard-fought civil rights gains, the Missouri House approved a measure that would change the rules for workplace discrimination cases heard in state...
Hanover Posts $49M Q4 Profit; Pricing Improved in Commercial Lines
Feb 10 2012 // The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full...
Mississippi College Appeals Workplace Retaliation Award
Feb 8 2012 // A federal appeals court has scheduled arguments on Hinds Community College’s appeal of a workplace retaliation case. In 2010, the school was ordered to pay a former professor $345,020 after a federal jury found she...
Selective Posts $16M Q4 Profit; Jan. Commercial Renewal Rates Up 4.5%
Feb 7 2012 // Selective Insurance Group, based in Branchville, New Jersey, reported $16.1 million for its 2011 fourth-quarter net income, down 32 percent from one year ago when the insurer posted $23.8 million profit. For the 2011 full...
Mercury Insurance Launches Commercial Auto Product
Feb 7 2012 // Mercury Insurance has introduced a commercial auto product that offers agents a new point-of-sale system that makes it easy to rate, qualify and issue new business, as well as online service capabilities. The new product...
Former Cal-OSHA Chief Defends Workplace Safety Program
Feb 6 2012 // The former chief of the California Occupational Safety and Health Division defended its Injury’s Illness Prevention Program following a study by think tank RAND Corp. showing the occupational safety program that...
Tougher U.S. Commercial Market Conditions in 2012: Marsh
Feb 6 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh. Substantial...
