All the headlines from our Business Insurance Topic Page, ordered by recency.
Jan 3 2008 // Frederick County, Md. Commissioner Charles Jenkins is calling for penalties for local businesses that hire illegal immigrants.He is talking to the county attorney about a plan to audit local businesses that receive...
Jan 3 2008 // IRISK Solutions is a new independent risk management consulting firm, targeting small to middle market companies with annual gross premiums from $50,000 to $1 million.IRISK uses an Enterprise Risk Management approach to...
Dec 28 2007 // Employers may continue the long-standing practice of taking Medicare into account when structuring the health care benefits voluntarily provided their retired workers, says the Equal Employment Opportunity Commission in a...
Dec 14 2007 // Zurich Financial Services Group announced that it will expand its services for corporate customers into the Asia-Pacific region with the creation of a new business unit, Global Corporate in Asia-Pacific (GCiAP).The new...
Dec 14 2007 // The Superior Court of Wake County, N.C., extended and continued a temporary stay for Castleton Group Inc., a professional employer organization based in Raleigh to remain in operation for an additional 60 days.North...
Dec 13 2007 // Arrowhead General Insurance Agency Inc. has announced a new package policy program to write contractor’s commercial auto as part of a package with general liability, property and inland marine products. The program...
Dec 13 2007 // Liberty Mutual has enhanced its general liability offering to mid-market businesses in order to account for coverage gaps. In addition, Liberty Mutual is expanding general liability coverages for 10 specific industry...
Dec 13 2007 // Texas Mutual Insurance Company reported $684,997 in dividends to the National Federation of Independent Business (NFIB) workers’ compensation purchasing groups. The dividends were based largely on the groups’...
Dec 10 2007 // Unitrin, Inc. reports it has worked out an agreement to sell its Unitrin Business Insurance unit to AmTrust Financial Services, Inc. in a cash transaction. Terms were not disclosed.Unitrin had previously announced in...
Dec 10 2007 // A state agency said it cut the unemployment-insurance tax rate, which will save Texas employers $270 million next year.The rate cut was due to low recent jobless rates and the Legislature’s decision to eliminate a...
Dec 5 2007 // North Carolina Insurance Department officials denied an ongoing licensure request of Castleton Group Inc., a professional employer organization based in Raleigh, “due to its hazardous financial condition.”The...
Dec 2 2007 // Employers will have to pay the full cost for almost all personal safety equipment used by their workers, the Labor Department said recently, a move advocates say will prevent thousands of on-the-job injuries.The...
Nov 30 2007 // Another very profitable year for commercial lines insurers, sparked by yet another exceptionally mild hurricane season, is emerging for the entire U.S. property/casualty industry, says Standard & Poor’s Ratings...
Nov 28 2007 // Encino, Calif.-based NAS Insurance Services has a new small business employment practices liability insurance coverage (for companies with 10 full time employees or less) featuring higher commissions. This new EPLI...
Nov 28 2007 // Zurich North America announced it has added 100 monoline workers’ comp business classifications to its coverage offerings. Most of the new classes are for light manufacturing, wholesale and service company risks. The...
Nov 20 2007 // Reno, Nev.-based Employers Holdings Inc. reported results for the third quarter and nine months ended Sept. 30, 2007. Consolidated net income was $29.9 million, or $0.58 per share, for the third quarter of 2007, compared...
Nov 19 2007 // Employers will have to pay the full cost for almost all personal safety equipment used by their workers, the Labor Department said recently, a move advocates say will prevent thousands of on-the-job injuries.The...
Nov 4 2007 // Stock Prices: Commercial property/casualty insurer stocks have been relatively flat through the third quarter of 2007. Chubb Corp. (NYSE:CB) had the largest gains for the year, up a modest 3 percent.M&A Activity: The...
Nov 1 2007 // The California Department of Industrial Relations (DIR) announced that workplace injuries and accidents declined in California in 2006 in all but four of 19 key industries compared to 2005.Overall workplace injuries and...
Oct 29 2007 // The Harry W. Gorst Co. of Chatsworth, Calif., has promoted LaTanya Taylor to commercial lines underwriter. Taylor began her career in insurance in 1989 at a large California wholesaler, in which she specialized as a tech...