All the headlines from our Business Insurance Topic Page, ordered by recency.
Mar 12 2007 // In our travels as consultants to the insurance industry, we have noticed that one of the more elusive “standards” or “norms” is compensation for employee benefits producers and staff. The difficulty...
Mar 9 2007 // RSI International Inc. announced the promotion of Holly Ballard to commercial lines underwriting manager for their Texas offices.In this newly created position, Ballard will oversee the Commercial Lines Department, and...
Mar 8 2007 // North Texas-based Legacy Texas Insurance announced the addition of three new commercial lines producers.Josh Bagert and Nick Paschal, a recent graduate from Southern Methodist University, began with the agency in November...
Mar 8 2007 // Arrowhead Wholesale Insurance Services LLC has added a market for mid-size to larger multi-family and commercial real estate accounts. Minimum $10 million total insured value of buildings per account (all locations) with...
Mar 2 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced it has hired Bernie Hewitt as business unit manager for the small accounts team. Hewitt joins LWCC from the Montana State Fund, where he was the operation...
Feb 26 2007 // Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California, according...
Feb 26 2007 // Stock Prices: Brokers’ stock prices were mixed as 2006 came to a close. The two largest brokers did not fare well in 2006 as Marsh & McLennan Company Inc.’s (NYSE:MMC) stock was down 1.2 percent for the...
Feb 25 2007 // Stock Prices: Brokers’ stock prices were mixed as 2006 came to a close. The two largest brokers did not fare well in 2006 as Marsh & McLennan Co. Inc.’s (NYSE:MMC) stock was down 1.2 percent for the year...
Feb 15 2007 // Insurance broker Jimcor Agencies has announced a new facility to provide business auto coverage for artisan contractors, mobile catering trucks, manufacturers and distributors in New Jersey.The carrier is admitted in New...
Feb 13 2007 // Seattle-based Safeco has announced it will be cutting rates for California homeowners in 2007 an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California,...
Feb 13 2007 // Dallas-based IMA of Texas Inc. announced it has promoted April Michaelis to the position of commercial insurance operations manager. She formerly served as administrative/operations manager. In this position, Michaelis...
Feb 6 2007 // Georgia state Rep. Ed Setzler says he’s seen a glimpse into the future — and he doesn’t like all he sees.The Acworth Republican has introduced a bill aimed at outlawing genetic profiling in Georgia by banning...
Feb 6 2007 // State Rep. Harvey Hilderbran (Kerrville) has filed House Bill 1022 and House Joint Resolution 54 which clarify that personal vehicles used for the production of income are exempt from ad valorem taxation.“Most small...
Feb 5 2007 // As Delaware’s rural landscape gives way to housing developments, immigrant workers who once took jobs in the agriculture and poultry industries are turning to home construction and landscaping.While reaping the...
Feb 2 2007 // Massachusetts Attorney General Martha Coakley has setttled a case brought by the state against Employers Reinsurance Group (ERC), a former subsidiary of General Electric, for unlawfully hiking the price of the Boston Water...
Jan 31 2007 // According to recent weather statistics, average February temperatures in Louisiana range from 43 to 64 degrees. Consequently, many Louisiana workers who have become accustomed to working in these milder than usual winter...
Jan 30 2007 // Now is the time for small business owners to bone up on a new law that makes big changes in employee retirement plans.The Pension Protection Act of 2006, passed in August, rewrote many of the rules on pensions in an effort...
Jan 29 2007 // Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices...
Jan 29 2007 // On average, younger workers have higher incidence rates of workplace injuries and illnesses than older workers while older workers have higher costs per claim, according to the industry’s National Council on...
Jan 28 2007 // Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices...