Latest Business Insurance Headlines

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

Zurich Promotes Signorelli to CEO of Commercial Insurance

Mar 4 2021 // Zurich Insurance Group has appointed Sierra Signorelli, currently group chief underwriting officer, to the role of chief executive officer for Commercial Insurance and as a member of the executive committee with immediate...

Bookkeeper Sentenced for Stealing $1.5M From Two Employers

Mar 2 2021 // A bookkeeper has been sentenced to nearly six years in prison for embezzling more than $1.5 million from two employers, federal prosecutors said.Jessica Greenan, 42, of Barnstable, embezzled more than $1.1 million from a...

Top Workplace Discrimination Complaints of 2020: Retaliation #1

Mar 1 2021 // More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal Employment Opportunity Commission (EEOC).Retaliation was the most frequently cited...

Beazley Forms Digital Business Unit to Transform Tech Strategy, Led by Fantozzi

Feb 26 2021 // Specialist insurer Beazley has unveiled a new digital business unit to transform how the company develops, underwrites and delivers digital insurance solutions for clients and brokers.Existing digital initiatives and...

Washington Court Upholds Authority to Pursue Charges in Workplace Death

Feb 24 2021 // The Washington State Supreme Court has ruled that an employer can be charged with a felony in connection with a workplace fatality.The recent decision clears the way for the King County Prosecutor to move forward with...

Minick Retiring from Texas Workplace Injury Benefit Risk Managing Firm, PartnerSource

Feb 24 2021 // Bill Minick, founder of Texas-based workers’ compensation/workplace injury benefit risk management firm, PartnerSource, will retire at the end of March.Jennifer Hurless, president of PartnerSource, will continue in...

Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid

Feb 22 2021 // A federal judge tossed out a first-of-its-kind lawsuit that sought to hold an employer responsible for a worker’s spouse getting sick with Covid-19.U.S. District Judge Maxine M. Chesney in San Francisco on Monday...

Most Small Businesses Lost Sales Due to Pandemic: Fed Survey

Feb 22 2021 // The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic, with minority-owned businesses struggling the most and worrying more about accessing credit, according...

HSB Launches Workplace Violence Insurance for Small Businesses

Feb 18 2021 // HSB, part of Munich Re, has created a new workplace violence insurance coverage for small to mid-size businesses, providing counseling, crisis communications, lost business income and security services to help companies...

Wife Sues Husband’s Employer Over COVID-19 Infection

Feb 18 2021 // A federal judge is weighing what she called a first-of-its-kind lawsuit that would hold an employer responsible for a worker’s spouse getting sick with Covid-19.Plenty of families have sued businesses, from retailers...

QBE Custom Property Coverage Form Targets Mid-Size Company Risks

Feb 17 2021 // QBE North America has launched a new modular property form designed to give underwriters and brokers the ability to tailor a program for each individual customer. The QBE Custom Property product contains 33 additional...

Viewpoint: Post-Pandemic: Will Employers or Workers Have Upper Hand?

Feb 16 2021 // It’s been a year now since we came under the relentless domination of the coronavirus. After all this time, the picture isn’t pleasant. The end is uncertain and the implications for the future are far from...

Amazon Sues New York Over COVID Workplace Safety, Firing Lawsuit

Feb 12 2021 // Amazon.com Inc. on Friday sued New York’s attorney general to stop the state from filing its own lawsuit over the online retailer’s early response to COVID-19, including its firing of activist Christian...

Boston Hospital Valet Shot in Eye Sues His Employer

Feb 10 2021 // A valet at a Boston hospital who was shot in the eye by police as officers confronted a man armed with what they thought was a real gun has sued his employer, saying the hospital’s security staff mishandled this...

Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz

Feb 8 2021 // There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance.A trio of Covid-19 related risks —...

USAA, Serving Military and Veterans, Enters Small Business Insurance Market

Feb 8 2021 // The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business insurance policies for the first time.The company will initially offer the coverage in five states...

Chubb System Tracks Absence Management, Benefits for Employers

Feb 5 2021 // A new offering from Chubb’s Workplace Benefits division looks to integrate and streamline absence management and workplace benefits for mid-size to large employers.The Chubb WorkInsight product enables employers to...

Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh

Feb 4 2021 // Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released by insurance broker Marsh.The increase, the largest since the index was launched in...

Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic

Feb 4 2021 // The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic, with minority-owned businesses struggling the most and worrying more about accessing credit, according...

Chubb’s Q4 ‘Excellent’ Results Boosted by Commercial Lines Price Hikes

Feb 3 2021 // Global insurer Chubb reported fourth quarter results for 2020 significantly better than the same period in 2019.For the 2020 fourth quarter, Chubb’s net income grew significantly higher, as did its net premiums...