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2/14/2009 News For: Workmans Compensation Business InsuranceSmall-business owners share views AUSTINTOWN - The recently raised minimum wage, Workers' Compensation costs, health insurance mandates and higher fees, on top of a sagging economy, are confronting small-business owners. Florida Approves 6.4% Workers' Compensation Insurance Rate Hike Florida Insurance Commissioner Kevin McCarty has approved a 6.4 percent increase in workers' compensation insurance rates. The increase applies to new and renewal business and will become ... Group: Insurance requirement would result in job losses Requiring employers to provide workers with health insurance would trigger the loss of 1.6 million U.S. jobs in five years, including 81,000 in Illinois, according to a study released Friday by a business group that opposes such requirements. ING divests Taiwanese life insurance business to Fubon Financial Netherlands-based ING Group has closed the sale of its Taiwanese life insurance business to Fubon Financial Holding Company. Cargo Insurance Broker Opens Doors to Businesses, Agents and Brokers- Lloyd's of London Now Available to U.S. Small ... Chicago-area insurance broker, Corporation for International Business CIB, announces the launch of cargo insurance and related products broker, Wyvern International Insurance Brokers, Inc. Wyvern gives small and medium businesses, agents and brokers convenient and cost effective access to Lloyd's of London for international and domestic cargo insurance. Wyvern is a specialty cargo insurance ... Ike Victims Find Insurance Missing HOUSTON -- Home and business owners say they paid premiums, but when they needed their insurance the most, they discovered they didn't have any. The claims are coming from a community hit hardest by Hurricane Ike -- Bolivar Peninsula. 6.4 percent increase for workers compensation insurance rates OK'd Insurance regulators approved a 6.4 percent increase in workers compensation insurance rates for 2009, the first increase in more than five years. ING sells Taiwan insurance business for $600M The Dutch financial services company ING Groep NV said Wednesday it has sold its Taiwanese life insurance business to Fubon Financial Holding Co. Ltd. for around $600 million . Merchants Insurance Group's New E&S Subsidiary OK'd in 10 States Buffalo, N.Y.-based Merchants National Insurance Company, a wholly-owned excess and surplus lines subsidiary of Merchants Insurance Group, began accepting new business on Feb. 1, 2009. The company ... State Farm gets nod to dump property-insurance customers But regulators mandate some conditions to protect property owners. State regulators said Friday that State Farm Florida could proceed with its plan to dump 1.2 million property-insurance customers, though they imposed conditions to ensure that the policyholders find new coverage for their homes and businesses. |
