Latest Business Insurance Headlines

All the headlines from our Business Insurance Topic Page, ordered by recency.

Middle-Market Companies Report Performance Improvements

Oct 10 2023 // New data from Chubb and the National Center for the Middle Market shows nearly 75% of middle-market companies report an improvement in overall performance compared to last year — a record high statistic shared in the...

People Moves: Talkowski to Lead Nationwide Middle Market Commercial Lines Team; Showalter New Head of Client Experience at Hub Private Client

Oct 4 2023 // Nationwide has hired Kristina Talkowski from CNA to head up its middle market commercial lines business. Starting Oct. 16, she will be tasked with executing Nationwide’s long-term commercial lines insurance strategy...

Commercial Auto Up Against Persistent Headwinds to Underwriting Profit

Oct 4 2023 // Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends.“The liability component has been more problematic than the...

Employer Hosting Golf Outing Not Liable for Drunk Driver, Pennsylvania High Court Says

Oct 2 2023 // The Pennsylvania Supreme Court has declined to extend the state’s liquor liability law to social hosts. The high court cited a half-century of precedent in upholding lower courts in a case where an employer hosting a...

Small Businesses Underestimate Cyber Risks Despite Increased Threats: IBC Survey

Sep 29 2023 // Most small businesses don’t believe they will experience a cyber attack, yet many employees are concerned they are putting their organizations at risk, according to a recent poll by Insurance Bureau of Canada...

RT Specialty Expands RT Connector for Small Commercial Market

Sep 28 2023 // RT Specialty, the wholesale distribution division of Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, announced its continued expansion of RT Connector, which provides digital solutions for...

UK Workers Take Most Sick Leave in More Than a Decade: Employer Survey

Sep 26 2023 // British workers took the most sick leave in more than a decade during the past year, a survey of employers showed on Tuesday, adding to signs of a lasting increase in ill health since the COVID-19 pandemic.The Chartered...

VIAA Adds Two Missouri Agencies to Commercial Marketing Pod Program

Sep 25 2023 // Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, recently welcomed two alliance agencies to its members-only Commercial Marketing pod...

Indiana Workplace Officials Investigate Death of Man Injured While Working on Machine at Evansville Plant

Sep 22 2023 // EVANSVILLE, Ind. (AP) – Workplace safety officials are investigating the death of a southwestern Indiana man this week after he was injured at an Evansville plant.Christopher L. Payton, 59, died Monday after he suffered...

Next Insurance Offering Allows Agents to Customize Small Business Quotes

Sep 22 2023 // Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes to better meet the needs of their small business clients. Next’s Coverage Builder...

Texas Manufactured Homes Company Faces Lawsuit for Alleged Racial Harassment in the Workplace

Sep 21 2023 // A Texas manufactured homes company was sued for subjecting an employee to a hostile work environment after learning learning of his multiracial family, according to a lawsuit filed by the U.S. Equal Employment Opportunity...

People Moves: AXA XL Promotes Lebas to Head of Mid-Market, APAC & Europe; AgriSompo Int’l Taps EMC Re’s Smith as SVP International Operations Deputy

Sep 14 2023 // This edition of International People Moves details appointments at AXA XL and Sompo International’s AgriSompo.A summary of these new hires follows here. AXA XL Promotes Lebas to Head of Mid-Market, APAC &...

Q2 US Commercial Lines Prices Up 6.1%: WTW

Sep 12 2023 // According to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices in the U.S. continued to increase in the second quarter.The quarterly survey, answered by insurance carriers,...

Ground Zero Employers Must Notify Workers of 9/11 Benefits Under New Law

Sep 11 2023 // New York Gov. Kathy Hochul is expected to sign legislation today to assure that people who returned to work in close proximity to Ground Zero during the critical period following the 9/11 terrorist attacks are informed...

Critics of Workplace Diversity Efforts Eye Civil War-Era Law

Sep 1 2023 // Several suits filed on behalf of White workers following the US Supreme Court’s decision outlawing affirmative action in higher education are banking on a Civil War-era statute guaranteeing equal rights to Black...

Appeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers

Aug 31 2023 // The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders.The...

Ohio Bureau of Workers’ Compensation Announces 3.9% Rate Reduction for Public Employers in 2024

Aug 30 2023 // The Ohio Bureau of Workers’ Compensation announced a 3.9% rate reduction for the state’s public employers, a rate cut that will go into effect Jan. 1, 2024.The rate reduction will result in nearly $8 million...

Texas Wire Drawing Company Faces $299K in Fines After Fatal Workplace Accident

Aug 24 2023 // A federal investigation has found that a San Antonio, Texas wire drawing company could have prevented an employee from suffering fatal injuries by following required workplace safety standards.Investigators with the U.S....

Employer Hosting Golf Outing Not Liable for Drunk Driver, Pennsylvania High Court Says

Aug 24 2023 // The Pennsylvania Supreme Court has declined to extend the state’s liquor liability law to social hosts. The high court cited a half-century of precedent in upholding lower courts in a case where an employer hosting a...

Small Businesses Give Record-High Ratings to Commercial Insurers: JD Power

Aug 23 2023 // Small businesses across the U.S. are increasingly satisfied with the products and services they receive from their commercial insurance providers.According to the 11th annual JD Power 2023 U.S. Small Commercial Insurance...