All the headlines from our Business Insurance Topic Page, ordered by recency.
May 4 2022 // Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for effective dates beginning June 1.The company is adding property, general liability, and...
May 3 2022 // A new study by Travelers of workers compensation claims found that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience.“Our data underscores the importance of...
May 2 2022 // The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility in how we organize our working lives.In the two years since...
Apr 22 2022 // California workplace regulators are poised to extend mandatory pay for workers affected by the coronavirus through the end of 2022, more than two months after state lawmakers restored similar benefits through September.The...
Apr 22 2022 // Estée Lauder’s Burrell Joins GEICO as Chief Marketing OfficerInsurer GEICO announced Damon Burrell has joined the company as chief marketing officer. Burrell will oversee all of GEICO’s marketing efforts....
Apr 21 2022 // According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the economy and inflation.Only 29% of respondents said they felt optimistic about an economic recovery in...
Apr 20 2022 // The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission.The 19-page letter — including testimony, emails and other...
Apr 8 2022 // Rate hikes for commercial lines of insurance are slowing to single-digit increases or even flat renewals, according to broker WTW’s Marketplace Realities spring update.The exception, as it has been, is cyber...
Apr 6 2022 // Jimcor Hires BecotteJimcor Agency Inc., a national wholesale broker and managing general agent, has hired Michael Becotte as a commercial lines underwriter for the Southeast, based in Cumming, Georgia. Becotte has more...
Apr 4 2022 // The past few years have been filled with newer exposures when it comes to employment practices liability insurance (EPLI). Along with significant disruptions in workplaces due to COVID-19, employers have been attempting to...
Mar 30 2022 // Coterie Insurance, a small business insurtech, announced that its general liability and business owners insurance products are now available in Massachusetts for customers and agencies.Independent agents and brokers...
Mar 23 2022 // Arthur J. Gallagher & Co. announced the acquisition of Springfield, Missouri-based Commercial Insurance Underwriters, Inc. (CIU). Terms of the transaction were not disclosed. Founded in 1984, CIU is a surplus lines...
Mar 21 2022 // Cyber claims from small and midsize businesses saw a “material uptick” in 2021, with funds transfer fraud a main culprit, according to cyber insurance and security firm Coalition.According to its 2022 Cyber...
Mar 21 2022 // U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS).The aggregate commercial price change reported by carriers was...
Mar 18 2022 // New York expanded workplace harassment protection for all public employees and banned the release of anyone’s employment records in retaliation for speaking up about alleged abuse, part of a package of new laws...
Mar 17 2022 // A workers’ compensation insurance company’s hefty penalty against its non-compliant insured will likely stand, after a federal appeals court found that the matter was governed by state insurance regulators, not...
Mar 16 2022 // According to a new survey from professional services firm BDO, about two-thirds of middle-market CFOs think implementing an environmental, social and governance (ESG) plan will benefit financial performance in the long...
Mar 15 2022 // First Chicago Insurance Company announced it recently launched its augmented commercial auto insurance program in Illinois and Indiana. The program covers owned or leased Vehicles, hired autos, non-owned, temporary...
Mar 15 2022 // Woodruff Sawyer named John Neuhalfen director of operations in commercial lines.Neuhalfen will be based in the San Francisco, California office. He spent 15 years at Chubb, where he was most recently a regional vice...
Mar 10 2022 // California Insurance Commissioner Ricardo Lara approved increases in the limits of coverage to the California FAIR Plan Association’s commercial programs offered to businesses, no later than May 1.Lara’s action...