All the headlines from our Business Insurance Topic Page, ordered by recency.
Dec 8 2020 // For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10 percent but the rocket ship rate hike trend might be moderating“While commercial insurance prices continued to...
Dec 4 2020 // A District of Columbia appeals court held that a Washington Metropolitan Area Transit Authority (WMATA) worker cannot sue his employer after requesting compensation under the Virginia Workers’ Compensation Act for an...
Dec 3 2020 // Huckleberry, a small business insurance purchasing platform, has launched a new offering designed for small businesses impacted by pandemic-related stressors and costs.The Pandemic Business Interruption plan will be...
Dec 3 2020 // Private U.S. companies have the right under the law to require employees to get vaccinated against COVID-19, but are unlikely to do so because of the risks of legal and cultural backlash, experts said.Companies are still...
Dec 2 2020 // California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday.The tax measures include a three-month...
Nov 24 2020 // Louisiana will run out of federal coronavirus money before it pays out grants to all eligible small businesses and local government agencies seeking dollars from COVID-19 aid programs created by Gov. John Bel Edwards and...
Nov 20 2020 // Small business workers’ compensation insurance specialist Employers Holdings Inc. has named Katherine H. Antonello as its president and chief executive officer.She will take over upon the retirement of Douglas D....
Nov 16 2020 // The Texas Department of Insurance (TDI) has approved the request by the Texas Automobile Insurance Plan Association (TAIPA) for a 4.8% increase in commercial auto rates, with an effective date of March 1, 2021.TAIPA...
Nov 16 2020 // This year could be the most controversial rate recommendation in the 107-year history of the California workers’ compensation system. Why? Because we are dealing with a virus we’ve never experienced before. The...
Nov 16 2020 // More than seven in 10 people who experienced workplace sex harassment faced some form of retaliation — including termination, being sued for defamation and denial of promotions, according to a recent report. More...
Nov 16 2020 // Global commercial insurance pricing rocketed 20% higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update.Marsh said the jump was the largest...
Nov 13 2020 // Slice Labs Inc. and AXIS Insurance have partnered to distribute AXIS Home Based Business insurance, an on-demand digital commercial insurance product designed for home businesses not covered by traditional homeowners...
Nov 12 2020 // Parents who’ve lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed.Since March, working parents...
Nov 6 2020 // Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update.Marsh said the jump was the...
Nov 5 2020 // Cincinnati Financial Corp.’s London-based global specialty underwriting subsidiary, Cincinnati Global Underwriting Ltd., will begin writing two new lines of business: contingency and specie.Contingency insurance...
Oct 30 2020 // Ohio employers will receive a record $5 billion in repayments from the state insurance fund for injured workers to help with the financial impact of the coronavirus pandemic, Gov. Mike DeWine and the fund’s...
Oct 30 2020 // Decisions on where and how to work are embodied in trillions of dollars of investment worldwide, including the siting of commercial and residential real estate as well as transportation systems and other...
Oct 23 2020 // Effective November 1, 2020, Insurance Services Office (ISO) is introducing 19 new endorsements for its business auto program. Many of these changes are the result of requests from IIABA’s Technical Affairs...
Oct 22 2020 // Michael Ray Williams, 37, of Daly City, Calif., was sentenced to 60 days in county jail and three years formal probation after pleading no contest to two felony counts of insurance fraud after illegally working for...
Oct 21 2020 // The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed and stretched thin.A quarter of U.S. workers say they have even considered quitting their jobs as...