Latest Business Insurance Headlines

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

Morse Insurance Agency Adds Polutchko as Commercial Lines Sales Account Executive

Aug 21 2020 // Morse Insurance Agency Inc. has added industry veteran David Polutchko as its newest commercial lines sales account executive. Polutchko brings more than 22 years of insurance experience to the local independent agency.In...

Nevada Governor Signs Business Liability And Worker Protection Bill

Aug 14 2020 // Nevada Gov. Steve Sisolak has signed legislation expanding workplace safety protections for hotel and casino employees and shielding businesses that follow health directives from coronavirus-related...

Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes

Aug 14 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...

Average Commercial Insurance Prices Rose 19% in Q2: Marsh Index

Aug 10 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...

Global Commercial Insurance Rates Up 19% on COVID-19, Other Large Losses: Marsh

Aug 10 2020 // Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the latest Global Insurance Market Index released by broker and risk adviser Marsh.The increase, the largest since the...

Without More Aid, Many Small Businesses Won’t Make It

Jul 30 2020 // OAKLAND, Calif./NEW YORK — After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business, a lifelong dream. Ten years and another stroke later, she had built Salt & Honey Catering...

Washington Extends Relief for Employers Struggling to Pay Workers’ Comp

Jul 29 2020 // The Washington State Department of Labor & Industries is again extending the deadline for employers that are finding it difficult to pay their workers’ compensation premiums during the COVID-19 outbreak.Under...

Grant Program Now Open for Louisiana Small Businesses Harmed by Virus

Jul 29 2020 // Louisiana small businesses that have been hammered by the coronavirus outbreak and haven’t received federal aid can start applying for grants up to $15,000 to cover pandemic-related expenses, under a program created...

Concern Over Small Businesses Grows as Coronavirus Resurges, Federal Aid Expires

Jul 27 2020 // The number of outright failures of U.S. small businesses in the first months of the coronavirus pandemic was comparatively modest, but the months ahead look far grimmer as cash balances dwindle, federal help expires, and...

Crest in Arizona Names McGee Vice President/Producer in Commercial Lines

Jul 24 2020 // Crest Insurance Group of Tucson, Ariz., has named Mike McGee a vice president/producer in the commercial lines division. McGee has a background in risk management. He has worked as a Hotshot & Helitack Firefighter and...

Specialty Broker Offers Business Insurance Coverage for Pandemic, Epidemic Risks

Jul 23 2020 // A Boston-based national wholesale insurance broker is offering what it says is “among the first and most accessible” insurance policies for commercial risks arising from pandemics and epidemics.The policy,...

Cyber Insurance Agency Coalition Now Offers Excess Coverage for Middle Market

Jul 22 2020 // With new surplus lines capacity backed by Lloyd’s, cyber insurance and security company Coalition is moving beyond offering primary insurance coverage and entering the excess cyber insurance market.The San...

Liberty Mutual Loses Bid to Charge Employer for Claims Paid from Exempt Workers

Jul 22 2020 // A workers’ compensation insurer cannot charge an employer an extra $1.7 million in premiums for the risk presented by employees who were exempt from coverage under Iowa’s workers’ compensation law, a...

Workers Turn Into Sleuths to Track Sicknesses Where Employers Keep Covid Data Secret

Jul 22 2020 // Jana Jumpp spends eight hours a day updating a spreadsheet — not for work, but a recent hobby: figuring out how many of Amazon’s 400,000 warehouse workers have fallen sick with the coronavirus.Amazon won’t...

The Lowdown: Loneliness in the (Remote) Workplace

Jul 16 2020 // In the April 2020 article “Dealing With Social Isolation,” the Society for Human Resource Management (SHRM) states, “Leaders have a responsibility to help mitigate workplace isolation. They need to...

Valley Insurance Agency Alliance Adds Russell as Small Commercial Marketer

Jul 15 2020 // Valley Insurance Agency Alliance (VIAA), a network of independent insurance agencies in Missouri and Illinois, has named Amy Russell as small commercial marketer.Russell has more than 20 years of experience in the...

Next Showdown in Congress: Protecting Workers vs. Protecting Employers in Pandemic

Jul 14 2020 // Congressional leaders are squaring off over the next pandemic relief bill in a debate over whom Congress should step up to protect: front-line workers seeking more safeguards from the ravages of COVID-19 or beleaguered...

Louisiana’s Small Business Covid-19 Recovery Program Site Now Operational

Jul 13 2020 // The website for Louisiana’s program to help small businesses that have suffered losses as a result of the coronavirus epidemic is now operational, the state’s treasury office reported.State Treasurer John M....

Illinois Candy Company Fined $485K for Workplace Injuries

Jul 9 2020 // A Chicago-area candy company has been fined nearly $500,000 for workplace injuries, including a fingertip amputation, federal regulators said.The incidents occurred at Ferrara Candy in Bellwood, Ill. An employee lost a...

Supreme Court Supports Employers’ Religious Rights in Contraception, Teacher Employment

Jul 9 2020 // The U.S. Supreme Court struck two blows for religious rights, including a decision that upholds Trump administration rules giving employers a broad right to refuse to offer birth control through their health plans.The...