All the headlines from our Business Insurance Topic Page, ordered by recency.
Feb 16 2001 // XL Capital Ltd has agreed to purchase Winterthur International from Winterthur Insurance, a subsidiary of the Credit Suisse Group. The all-cash transaction is valued at approximately $600 million and will be funded by XL...
Feb 12 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Feb 7 2001 // Rackley Systems released a new version of its comparative commercial lines rating software – Rackley Systems for Windows. The software is available in all 50 states. The new software is a full-featured Windows...
Jan 23 2001 // The New York State Insurance Department is investigating whether insurance policies for sole proprietors are priced too high. The department says there are indications that the rates may be justified to move toward small...
Jan 18 2001 // Job-related nonfatal injury/illness rates in 1999 continued to decrease, reaching a record low of 6.3 workers injured out of every 100, according to the California Department of Industrial Relations’ Division of...
Jan 9 2001 // Kemper Insurance Cos. has signed an agreement with InsuranceNoodle to expand its initiative of providing products designed for small business owners. The agreement allows InsuranceNoodle to enhance its offering to small...
Nov 15 2000 // Kemper Insurance Cos. is targeting the small business market for substantial growth with a new line of specialized coverages, capitalizing on the economy’s fastest-growing segment, which generates more than $50...
Nov 8 2000 // SAFECO subsidiary American States Business Insurance will now be called SAFECO Business Insurance. The change comes three years after SAFECO acquired Indianapolis-based American States Insurance, a purchase that filled...
Oct 26 2000 // Spectrum 2000 is an especially significant improvement since it offers much more flexibility and greater protection against property and liability losses.More than 700 types of businesses can now be protected with The...
Oct 23 2000 // Someone up above has been listening. How else can one explain the hardening market that has been the subject of thousands of prayers. Both agents and E&S vendors, then, should be doubly excited about the commercial...
Sep 26 2000 // The Hartford has expanded Spectrum, its signature product for small business, and is now providing more coverages and higher basic and optional limits, while extending eligibility to more than 200 additional classes of...
Sep 18 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers (CIAB).Through its quarterly Market Index Survey, released last month, CIAB...
Sep 14 2000 // Good news for workers, employers and insurers alike: the number of workers killed on the job in California in 1999 was at the lowest level since 1992. These findings and others were recently published in the annual report...
Aug 7 2000 // A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. The Assurex E-Risk Survey, conducted by the Human Resource Institute of Eckerd College in...
Aug 4 2000 // InsuranceNoodle.com, a new insurance e-broker, has launched an online insurance solution targeted at small business owners in Illinois, Indiana, Wisconsin, Iowa, Minnesota and Kansas. By September, the company expects to...
Jul 24 2000 // Travelers Insurance has reached an agreement in principle with Reliance Group Holdings to purchase the renewal rights to a portion of Reliance Insurance Group’s commercial lines middle-market book of...
Jul 12 2000 // Following a nine-month investigation, Mostafa Behesti, 43, and Rahimi Morteza, 59, owners of Castello Inc., along with bookkeeper Emma Luz Guerzon, 46, and Margaro Haro, 37, owner of Haro’s Landscaping, were all...
Jun 26 2000 // Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states have passed laws deregulating commercial lines to one degree or another. “In 2000, we had...
Jun 21 2000 // A Westmoreland County employer who pleaded guilty to five misdemeanor violations of the Pennsylvania workers’ compensation law was recently sentenced to five years probation, ordered to pay $14,798 in restitution and...
Jun 20 2000 // Jardine Lloyd Thompson Group plc, an international insurance organization, announced today that its U.S. offices have changed their names to JLT Services Corp. The name change affects Jardine Group Services Corporation;...