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