All the headlines from our Commercial Lines Topic Page, ordered by recency.
Nov 18 2005 // General Electric has agreed to sell most of its Insurance Solutions business, including Employers Reinsurance Corp., to Swiss Re for $6.8 billion. It will retain some life insurance business.The transaction is subject to...
Nov 18 2005 // Seattle-based Safeco has announced it has fully automated the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of Columbia, independent agents...
Nov 17 2005 // A recent Minnesota workplace survey shows the state’s injury and illness rate decreased by 3.6 percent in 2004, following an 8.3 percent decrease in 2003. A total of 105,500 nonfatal workplace injuries and illnesses...
Nov 15 2005 // Proposed changes in the regulation of disability income insurance in California could significantly increase the cost of coverage and discourage some injured employees from returning to work, according to a study released...
Nov 15 2005 // As part of State Fund’s ongoing educational program to create safe workplaces and update employers on new workers’ compensation insurance rules, its Oxnard District Office will hold a free safety seminar on...
Nov 9 2005 // London-based RI3K has announced that by the end of this month it will expand its electronic trading platform services to certain commercial lines. The company said it will initially handle International Property, North...
Nov 8 2005 // This week, Maine’s largest workers’ compensation insurer Maine Employers’ Mutual Insurance Company (MEMIC) is mailing $4 million in dividends to its policyholders for performance in 2002.More than 19,500...
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses.In 16 states and the District of Columbia,...
Nov 7 2005 // Nuts & Bolts: Rockwood Programs, through the Rockwood Guardian EPLI Risk Purchasing Group, has developed an employment practices liability insurance policy for small employers. Companies with 15 or fewer employees are...
Nov 2 2005 // In the wake of Hurricanes Katrina, Rita, and, most recently, Wilma, 79% of American small businesses say they do not have a disaster recovery plan in place, according to a new study from the International Profit Associates...
Nov 1 2005 // Commercial property and casualty is the dominant insurance line – by far – among the nation’s leading banks in insurance, according to the recently published “Who’s Who in Bank...
Nov 1 2005 // California State Compensation Insurance Fund’s Stockton District Office and the Stanislaus County Farm Bureau will jointly hold a free seminar, “Confined Space in the Workplace,” on November 3rd in...
Oct 27 2005 // An Oklahoma program that begins Nov. 1 will use tobacco taxes and federal funds to subsidize small businesses wanting to provide insurance to their employees.Officials estimate the program will help 50,000 to 70,000...
Oct 25 2005 // West Virginia Insurance Commissioner, Jane L. Cline, announced Tuesday that Richard Custer Jr., was sentenced Oct. 12 on one felony charge of making a false statement to the Workers’ Compensation Commission.Custer,...
Oct 24 2005 // Commercial insurance brokers from across the country say so far, the impact of Hurricanes Katrina and Rita has been minimal, but they are bracing for higher prices, reduced capacity, increases in deductibles and tighter...
Oct 20 2005 // Commercial insurance premiums took a sharp downward turn in the third quarter, according to the RIMS Benchmark Survey, an industry survey of current policy renewal prices as reported by corporate risk managers.But some...
Oct 17 2005 // Employers in Midwestern states like Missouri and Illinois paid lower hourly costs for employee compensation than the national average.According to the U.S. Bureau of Labor Statistics, employers in the West North Central...
Oct 14 2005 // Carolyn Payne has joined Bollinger Insurance in Short Hills, N.J. as vice president in the commercial insurance division. She is based in the firm’s Wall Street New York City office which includes among its...
Oct 13 2005 // State Compensation Insurance Fund’s San Francisco District Office is hosting a free Office Ergonomics Workshop to help employers learn the benefits of “fitting the job to the worker rather than forcing the...
Oct 12 2005 // West Virginia Insurance Commissioner, Jane L. Cline, announced one employer, Brett A. Starr was indicted last month by a Kanawha County Grand Jury on the felony offense of Workers’ Compensation Fraud. At the same...