Latest Business Insurance Headlines

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

California Insurance Broker Arraigned for Allegedly Stealing from Small Businesses

Jul 7 2023 // Brian Keith Arteaga, 39, of Placentia, California, was arraigned this week on multiple felony counts of grand theft by embezzlement, theft of fiduciary funds, insurance fraud, and money laundering after a California...

Top Global Business Risks and Their Effects on the Insurance Industry

Jul 5 2023 // This post is part of a series sponsored by AgentSync. Earlier this year, international corporate insurance carrier Allianz Global Corporate & Specialty (AGCS) released their 12th annual Allianz Risk Barometer. The...

Supreme Court to Consider Scope of Workplace Bias Law

Jul 3 2023 // The U.S. Supreme Court on Friday agreed to decide whether workers can bring discrimination lawsuits based on unwanted workplace transfers that were allegedly motivated by bias, an issue that can make or break many...

Fitch: Hardening Commercial Lines Market to Continue Through 2023

Jul 3 2023 // This year will mark the fourth year of a hardening market for the commercial lines underwriting cycle, according to the latest US Commercial Lines Market Update released by Fitch Ratings.The Council of Insurance Agents...

Nationwide E&S Exits Commercial Auto Effective July 15

Jun 29 2023 // Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to Nationwide brokers this week...

EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias

Jun 19 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...

Three Texas Companies Recognized for Workplace Safety

Jun 14 2023 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) awarded three companies the Lone Star Safety Award for their exemplary workplace health and safety programs and low rates of work-related...

Property Leads Q1 Commercial Insurance Price Increases: WTW CLIPS

Jun 14 2023 // Commercial property insurance, with double-digit first quarter price increases, led other lines of businesses tracked by WTW’s Commercial Lines Pricing Survey (CLIPS).CLIPS found the aggregate price change for U.S....

California Restaurants Offered Priest to Extract Confessions of Workplace ‘Sins’

Jun 14 2023 // Federal wage and hour investigators say a northern California restaurant attempted to use an alleged priest to get employees to admit workplace “sins.”During litigation by the U.S. Department of Labor in...

Fitch: Hardening Commercial Lines Market to Continue Through 2023

Jun 13 2023 // This year will mark the fourth year of a hardening market for commercial lines underwriting cycle, according to the latest US Commercial Lines Market Update released by Fitch Ratings.The Council of Insurance Agents &...

Commercial Property Premiums Up Over 20% to Start 2023: CIAB

Jun 5 2023 // Commercial property premiums increased more in the first quarter of 2023 than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%,...

Pinnacol Issues $15M Dividend to 58K Colorado Employers

May 31 2023 // Colorado’s largest workers’ compensation carrier, Pinnacol Assurance, issued a general dividend of $15 million to 58,000 employers in the state.This marks the organization’s eighth straight year of...

EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias

May 26 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...

Commercial Property Premiums Up Over 20% to Start 2023: CIAB

May 18 2023 // Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%, according...

Tale of Two Markets: Largest CR Gap Between Personal, Commercial Lines in 15 Years

May 18 2023 // The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal lines came in at 109.9.It was the largest difference in about 15 years, according...

Survey: Texas Employer Participation in Workers’ Comp System up to 75%

May 17 2023 // A survey from the Texas Department of Insurance, Division of Workers’ Compensation’s Research and Evaluation Group found that employer subscription in workers’ comp increased to 75% in 2022, up from 72%...

ICW Group Launches Commercial Package Offering in Illinois

May 9 2023 // ICW Group Insurance Companies, a group of property and casualty carriers, announced the launch of its new commercial package insurance offering in Illinois with plans to expand throughout the U.S. The introduction of...

Maryland Firefighter’s Widow Wins Death Benefits Opposed by County Employer

May 9 2023 // A Maryland widow is entitled to her late husband’s workers’ compensation death benefits because she was dependent upon her husband at the time of his disablement, a Maryland appeals court has ruled.The appeals...

OSHA Compliance in the Workplace

May 8 2023 // Workplace health and safety are top of mind for employers, especially after a recent incident at a Mars factory, where workers fell into a vat of chocolate. To prevent such accidents, it’s important for businesses to...

Employers Grappling With Changing Workplace Where Labor Is Scarce & Workers Feel Isolated

May 8 2023 // A national labor shortage has created ideal conditions for skilled workers to negotiate for better pay and more flexible work schedules, but also new challenges for employers: Staff members aren’t eager to return to...