Latest Business Insurance Headlines

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

USG Names Aubry Commercial Lines Producer in Arizona

Jul 9 2020 // USG Insurance Services Inc. has named Amanda Aubry as a producer/broker in commercial lines in the Scottsdale, Ariz., office. Aubry has 18 years of insurance industry experience. She was previously a senior underwriter at...

Return-to-Work Safety: Employers Find Testing Employees More Trouble Than It’s Worth

Jul 6 2020 // From nursing homes in New York and a landfill in Utah to Disney World and the Las Vegas Strip, employers are wrestling with workplace safety in the age of Covid-19 and making fraught calculations about how to safeguard...

Commercial Auto Insurers Report Worst Losses in Decade: AM Best

Jul 6 2020 // The U.S. commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting...

First Washington Employer Cited for Ignoring Governor’s Safe Start Order

Jul 1 2020 // A fitness center near Yakima, Wash. is facing nearly $10,000 in fines for operating in violation of Gov. Jay Inslee’s Safe Start order.The Washington State Department of Labor & Industries cited company owner...

U.S. Commercial Auto Insurers Report Worst Losses in Decade: AM Best

Jun 30 2020 // The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting...

Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients

Jun 30 2020 // American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the...

Indiana Woman Gets 3-Year Sentence for $540K Theft from Employer

Jun 29 2020 // An Indianapolis woman has been sentenced to three years in federal prison after pleading guilty to stealing more than a half million dollars from a small business and using the money to buy jewelry and pay for trips to...

California Adopts Workplace Safety Standards Protecting Nighttime Ag Workers

Jun 26 2020 // California has adopted new workplace safety standards to protect agricultural employees who work at night.These are reportedly the first lighting standards in the nation written specifically to protect agricultural workers...

Treasurer: Louisiana Small Business Grant Program to Begin in July

Jun 24 2020 // Some small businesses harmed by the coronavirus pandemic should start seeing grants from a $300 million federally financed program as soon as next month, Louisiana’s state treasurer said.The money is part of $1.8...

Prime Property & Casualty Insurance Inc. Provides Partnership Approach to the Commonwealth of Massachusetts Commercial Auto Market

Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...

Hiscox, Thimble to Offer Short-Term Business Insurance Plans

Jun 23 2020 // Hiscox has partnered with Thimble, a short-term liability insurance provider for small businesses, to offer coverage available by the hour, day or month.The partnership will allow Hiscox to give businesses flexibility,...

There’s Plenty of Room for Improvement in U.S. Commercial Lines: Fitch

Jun 22 2020 // With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has “plenty of room for...

Bold Penguin Partners with Ohio’s State Auto on Commercial Insurance

Jun 19 2020 // Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its platform, expanding its commercial auto insurance offering launched in...

$300M Small Business Aid Plan Signed by Louisiana Governor

Jun 17 2020 // Louisiana Gov. John Bel Edwards has signed a Republican-crafted plan to spend $300 million in federal coronavirus aid to help small businesses recover from the outbreak, agreeing to a grant program that peeled off dollars...

Insurtech Buckle Acquires Atlas Financial’s Commercial Auto Subsidiary, Gateway

Jun 17 2020 // Buckle, an insurtech startup focused on rideshare insurance, has acquired Gateway Insurance Co., a subsidiary of Schaumburg, Illinois-based Atlas Financial Holdings, for an undisclosed price.The move allows Buckle to...

Liability Waivers Not Always Effective But Employers Take ‘Better Safe Than Sorry’ View

Jun 17 2020 // As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.Businesses fear they could be the target of...

FCCI Insurance Group to Begin Writing Commercial Insurance in Pennsylvania

Jun 17 2020 // Sarasota, Florida-based property and casualty insurer FCCI Insurance Group (FCCI) is expanding its geographic reach, announcing it will begin writing commercial insurance in the state of Pennsylvania as of September 1,...

Study: Sick Workers Are a Top Workplace Safety Concern in Wisconsin

Jun 15 2020 // Employees who come to work even though they are sick are a top concern for workers in Wisconsin, according to a new study released by Wisconsin Safety Council (WSC) and Rural Mutual Insurance Co.WSC and Rural Mutual...

Absenteeism at Meatpacking Plants Tied to Workplace Safety Concerns

Jun 15 2020 // Smithfield Foods Inc. is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers’...

Mississippi Establishes Small Business Website for Virus Relief Grants

Jun 15 2020 // Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal coronavirus pandemic relief package, Gov. Tate Reeves said.The site – backtobusinessms.org...