All the headlines from our Business Insurance Topic Page, ordered by recency.
May 5 2023 // More than a third of workplace injuries occur during employees’ first year on the job, regardless of age or industry experience, according to a new report from Travelers.In fact, an employee’s time spent in a...
May 3 2023 // In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for cyber coverage, some buyers renewing those coverages this spring won’t...
May 2 2023 // MGA DUAL North America Appoints 3 Industry Veterans for Leadership RolesDUAL North America Inc., a subsidiary of Howden Group, has appointed three industry veterans to leadership and key underwriting roles through...
Apr 28 2023 // A federal administrative law judge has determined that the manager of Fuller Hospital in Attleboro, Massachusetts exposed employees to workplace violence without adequate protections in 2019, particularly at times when...
Apr 25 2023 // Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies covering company...
Apr 17 2023 // California Insurance Commissioner Ricardo Lara and the California FAIR Plan Association agreed to more than double its existing commercial coverage limits to $20 million for businesses unable to find coverage in the normal...
Apr 17 2023 // The vast majority of commercial property, i.e., assets, are no longer physical. The majority of commercial assets are intangible. In fact, the overwhelming majority of assets owned by insurance agencies are intangible....
Apr 14 2023 // Although coined in the late 1990s, the term “neurodivergent” has only recently risen to mainstream recognition, with some studies now claiming that up to one in five employees identify as neurodivergent. As...
Apr 14 2023 // Less than a year after it announced it would stop writing new business in Florida, commercial carrier Capacity Insurance has been placed under administrative supervision and is now in an orderly runoff.The Florida Office...
Apr 11 2023 // This post is part of a series sponsored by Insurance Quantified.David Daniels, EVP, Director of Product Development & Innovation at MiniCo Insurance Agency, a Jencap Company sat down with Insurance Quantified to...
Apr 6 2023 // To address the growing risks faced by middle market law firms, Berkley Select said it enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms and expanded...
Apr 3 2023 // This post is part of a series sponsored by Insurance Quantified.Underwriting commercial P&C insurance is complex – each industry looks different, small businesses are different than medium-sized ones, and each...
Apr 3 2023 // There appears to be a large gap between small business owners’ biggest stressors in 2023 and what they’re prepared for when it comes to their insurance knowledge and coverage. That’s according to data...
Apr 3 2023 // U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8%, down from the rate of 5.2% in the previous quarter (Q3 2022), according to WTW’s most recent Commercial Lines Insurance...
Apr 3 2023 // Tragically, active shooter incidents are on the rise across the country. According to the Gun Violence Archive, more than 100 mass shootings have occurred in the U.S. in 2023 alone. News organizations have reported that...
Apr 3 2023 // Today’s hard U.S. commercial property insurance market — one that is the longest and toughest seen during the careers of even the most seasoned industry veterans — is likely here to stay for a...
Mar 30 2023 // California Insurance Commissioner Ricardo Lara and the California FAIR Plan Association agreed to more than double its existing commercial coverage limits to $20 million for businesses unable to find coverage in the normal...
Mar 23 2023 // A recent U.S. labor board ruling limiting what employers can include in severance agreements is a reminder that companies must be careful not to ask workers to sign away their rights, the agency’s top prosecutor said...
Mar 20 2023 // Stabilization” and “moderation” continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned about future hikes, according to a...
Mar 17 2023 // This post is part of a series sponsored by IAT Insurance Group.As today’s workforce seeks to partner with organizations that reflect their values, commercial insurance emerges as the unsuspected dark horse. Yeah,...