All the headlines from our Business Insurance Topic Page, ordered by recency.
Jan 16 2020 // The Louisiana Workforce Commission reports that the incidence rate of work-related injuries and illnesses among Louisiana’s private sector employers was essentially unchanged in 2018, according to a recent Bureau of...
Jan 15 2020 // USI Insurance Services has named Peter Gilbertson commercial lines practice leader for the Greater San Francisco Bay Area. Gilbertson, who is based in San Francisco, will be responsible for leading a team of...
Jan 14 2020 // POWERS Insurance & Risk Management in St. Louis, Missouri, has hired Amy Russell as commercial lines account manager.Russell has more than 20 years of experience in the insurance and marketing industries. In this...
Jan 14 2020 // Southern Insurance Underwriters, Inc. (SIU) has added Jose Perez to the Commercial Property and Casualty underwriting team. Perez comes to SIU with more than 20 years of experience in the insurance industry and a penchant...
Jan 13 2020 // The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ...
Jan 13 2020 // Kentucky Gov. Andy Beshear is restoring a workplace safety board that was abolished by former Gov. Matt Bevin.Beshear said on Friday the move to reestablish the 12-member Occupational Safety and Health Standards Board is...
Jan 13 2020 // Consumers are embracing digital purchasing habits, and that is creating new challenges for independent insurance agencies. At first these were only seen on the personal lines side of the business — in the forms of...
Jan 3 2020 // W. R. Berkley Corp. has appointed Dennis J. Levesque as president of its Preferred Employers Insurance subsidiary, a California specialty workers’ compensation writer.He succeeds Steven A. Gallacher, who has been...
Jan 3 2020 // The Hanover Insurance Group announced leadership appointments in its commercial lines business.Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for...
Jan 2 2020 // Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines business insurance...
Jan 2 2020 // The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said on Wednesday. Aviation...
Dec 30 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
Dec 30 2019 // A California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing.The law puts tough...
Dec 29 2019 // Time is running out for employers to familiarize themselves with new federal rules on overtime pay.Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first...
Dec 27 2019 // Thirty-one people died on the job in Wyoming in 2018, a rate slightly below average.Wyoming has averaged 33 workplace fatalities each year in data going back to 1992, according to the Wyoming Department of Workforce...
Dec 24 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
Dec 19 2019 // The family of former NHL player Scot Kleinendorst says he has died of injuries suffered in a workplace accident in northern Minnesota.Kleinendorst suffered severe brain trauma and numerous broken bones at UPM Blandin paper...
Dec 16 2019 // Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies.The move will enable Applied Systems to offer Indio’s digitized commercial insurance...
Dec 16 2019 // The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite “improved market conditions and solid levels of risk-adjusted capitalization that...
Dec 16 2019 // The U.S. property/casualty insurance sector should see small improvements in underwriting profits in 2019 and 2020, thanks largely to commercial lines price increases, Fitch Ratings predicts in a new report.But personal...