All the headlines from our Business Insurance Topic Page, ordered by recency.
Oct 27 2023 // The Hartford reported a 93% increase in third quarter net income to $645 million driven by results in its commercial lines segment.The Hartford, Connecticut-based insurer said third quarter net income in commercial lines...
Oct 27 2023 // Kingsbury Companies LLC has paid a worker $40,000 in punitive damages and $3,901 in back pay after the company terminated the employee in retaliation for speaking with the employer and other employees about whether they...
Oct 25 2023 // Risk Strategies acquired North Bay, a business unit from InterWest Insurance Services LLC, adding specialty expertise to its Wineries Practice. Along with offices in Petaluma, California and Santa Rosa, California, the...
Oct 24 2023 // Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation found she allegedly stole more than $62,000...
Oct 24 2023 // A Connecticut appeals court has revived a wrongful death claim that tests a narrow exception to the state law that makes workers’ compensation the exclusive remedy for most workplace deaths and injuries.Harold...
Oct 17 2023 // The number of soured commercial real estate loans has begun to rise in the UK as the rapid increase in interest rates feeds through to property valuations.The overall default rate on UK commercial real estate debt reached...
Oct 13 2023 // On March 25, 1911, 146 people, mostly young female immigrants, were killed when a fire broke out at the Triangle Shirtwaist Co. garment factory in New York. The tragedy led to legal reforms for workers’ rights and...
Oct 12 2023 // Approximately 78% of commercial auto insurers are in the research phase of preparing for usage-based insurance (UBI) products, according to a new report from The National Alliance for Insurance Education and Research and...
Oct 11 2023 // Small businesses may be growing their revenue, but the vast majority – 75% – are not adequately protecting themselves and their assets.Small businesses are an essential part of the US economy, with 56 million workers...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...