All the headlines from our Business Insurance Topic Page, ordered by recency.
Sep 14 2020 // Insurers battered by coronavirus are about to find out how much worse the damage could get.A London court is set to rule Tuesday in a case involving about 370,000 policyholders, companies including Zurich Insurance Group...
Sep 14 2020 // COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage.Yet, commercial lines insurance...
Sep 11 2020 // Does an employer have to say if a coworker has the virus?Employers are generally not required to tell workers when someone in the workplace has tested positive for the coronavirus. The U.S. Centers for Disease Control and...
Sep 11 2020 // Munich Re has stopped selling coverage to protect against business losses in future pandemics after the German reinsurer took a 1.5 billion-euro ($1.8 billion) virus-related hit in the first half.“We are currently...
Sep 9 2020 // St. Louis, Missouri-based POWERS Insurance & Risk Management has added Linsey Morris as commercial lines account manager.Morris has more than 15 years of experience in the insurance industry. In this position, she will...
Sep 9 2020 // A federal judge on Tuesday struck down a Trump administration rule that narrowed the definition of “joint employer,” and which the attorneys general of 17 states and Washington, D.C. said would eliminate...
Sep 9 2020 // Simply Business, Inc., a digital insurance agency offering small business insurance policies on behalf of a panel of carriers, will work with AXIS Insurance on a new product intended for U.S. small business owners who...
Sep 8 2020 // U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019.Excess/umbrella and directors’ and officers’...
Sep 7 2020 // Nearly 60% of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they’re concerned about rising insurance rates,...
Sep 3 2020 // In late August, the Michigan Occupational Safety and Health Administration (MIOSHA) issued a round of COVID-19 “general duty” citations, citing six different businesses with serious violations for failing to...
Sep 2 2020 // Stonetrust Commercial Insurance Co., based in Baton Rouge, Louisiana, has hired Jeff Skaggs as senior vice president of Underwriting and Marketing; Dawn Boniol as manager of Compliance, Quality Control and Claims Support;...
Sep 2 2020 // Houston International Insurance Group Ltd. (HIIG) has launched an E&S (excess and surplus) brokerage business unit to provide liability and property insurance products and services to the wholesale brokerage...
Sep 1 2020 // The U.S. Labor Department is reminding employers that they must make a reasonable effort to keep track of all hours worked by non-exempt employees — even those working varied hours from home due to the COVID-19...
Aug 31 2020 // AXIS Insurance and AllDigital Specialty will launch an insurance platform designed for the U.S. small private company management liability market.AXIS will utilize AllDigital’s technology to quote, bind and issue...
Aug 31 2020 // Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure.At the same time, a little over a third said they’re concerned about rising insurance...
Aug 27 2020 // As COVID-19 cases and deaths continue to rise, so too does the number of lawsuits filed against employers. Recently, an increasing number of families of employees who died from COVID-19 have asserted wrongful death actions...
Aug 25 2020 // San Francisco-based Verily, an Alphabet company, is creating a subsidiary, Coefficient Insurance Co., to compete in the medical stop loss market. The new business will be backed by Swiss Re Corporate Solutions, the...
Aug 24 2020 // Global average commercial insurance prices increased 19% in the second quarter of 2020, the eleventh straight quarter they have risen.Average price increases were driven principally by increases in property insurance rates...
Aug 24 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Aug 21 2020 // One80 Intermediaries (One80), a national wholesale insurance broker and program manager headquartered in Boston, has launched the Transportation Threat Protect (TTP) program.TTP was designed to protect commercial drivers...