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Business Insurance

Business insurance can be any kind of insurance that protects businesses against risks. Some principal subtypes of business insurance are (a) the various kinds of professional liability insurance, also called professional indemnity insurance, which are discussed below under that name; and (b) the business owners policy (BOP), which bundles into one policy many of the kinds of coverage that a business owner needs, in a way analogous to how homeowners insurance bundles the coverages that a homeowner needs.

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Business Insurance News

  1. Chile quake losses to hit global market
    CONCEPCIƓN, Chile–Reinsurers are bracing for claims from the devastating earthquake in Chile that killed hundreds and caused widespread property damage.
  2. Medicare changes may be costly for insurers, employers
    A major compliance change that makes insurers responsible for reporting claims involving Medicare-eligible claimants may result in increased costs and more burdensome administration for insurers and employers using large-deductible programs, observers…
  3. In Brief
    President Barack Obama last week signed into law legislation that provides a 31-day extension of federal subsidies of COBRA health care premiums. The measure, H.R.
  4. AIG makes dent in debt with sale of prized unit
    NEW YORK–American International Group Inc.’s move to sell its Asian life insurance unit to London-based Prudential P.L.C. for $35.

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