Latest Business Insurance Headlines

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

Texas Insurance Bills on the Move; Commercial Property Measure Heads to Governor

May 10 2019 // The Insurance Council of Texas has reported several insurance bills of interest are moving in the Texas Legislature as the end of the session draws closer.SB 590/HB 1411, which addresses amendments, cancellations and...

UFG Insurance Appoints Donlick as Commercial Lines Underwriting Manager

May 9 2019 // UFG Insurance has appointed David Donlick as commercial lines underwriting manager for its East Coast regional office in Pennington, N.J.Donlick will succeed current assistant vice president and Commercial Lines...

Lloyd’s Invests in AI Startup Offering Liability Insurance Platform for Small Businesses

May 9 2019 // Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance.The investment follows Layr’s successful trial in the...

Progressive Rolls Out Small Business Insurance Comparison Quoting Platform

May 8 2019 // Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply.The insurer’s new online BusinessQuote Explorer (BQX) delivers...

Iowa Court: No Claim for Workers’ Comp Insurer’s Failure to Inspect Workplace

May 8 2019 // Iowa’s high court has ruled in favor of a workers’ compensation insurer in a case in which a group of employees and former employees of a manufacturing plant alleged that the insurer failed to protect workers...

Amazon Cited in Idaho for Workplace Safety Violations

May 7 2019 // Amazon has resolved the workplace violations cited against the online retail giant’s temporary distribution center in Idaho.The Idaho Statesman reported the Occupational Safety and Health Administration cited the...

AmWINS, The Flood Insurance Agency Launch Commercial Property Flood Product

May 6 2019 // AmWINS Group, Inc., in conjunction with its recent acquisition of The Flood Insurance Agency (TFIA), has launched FloodFLEX, a new commercial property flood product designed to eliminate out-of-pocket expenses not covered...

U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg

May 6 2019 // Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019.“In the first quarter, in total,...

Recent Commission Ruling Highlights Need for National Workplace Violence Prevention Standard

May 6 2019 // A federal commission decision that an employer had a duty to protect a social services worker who was stabbed to death by a client, even though the company did not violate any specific safety standard, reinvigorated...

How Workplace Violence Impacts the Bottom Line

May 6 2019 // Workplace violence leaves chaos in its wake. Besides the psychic trauma, physical injuries and even sometimes fatalities, there are enormous financial impacts. Some are obvious, but many show up only with insightful...

Chubb’s Q1 Net Income Dips Slightly but Commercial Insurance Produces Gains

May 2 2019 // Chubb saw its net income dip slightly in the 2019 first quarter, though commercial and other insurance premiums rose at a healthy clip. The insurance giant’s property/casualty combined ratio also improved, and...

Prime Property & Casualty Insurance Now Writing Commercial Auto in North Carolina

May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the North Carolina commercial auto markets as an admitted carrier specializing in insurance for distressed and substandard risks.PPCI offers the capacity to insure...

Prime Property & Casualty Insurance Enters New Mexico Commercial Auto Market

May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the New Mexico commercial auto market as an admitted carrier specializing in insurance for distressed and substandard risks.PPCI offers the capacity to insure any...

Appalachian Underwriters Taps Florida-Based Kidd to Lead Commercial Auto

Apr 30 2019 // Appalachian Underwriters, Inc. has hired transportation broker Mary Kidd to focus on large commercial transportation accounts in its Sarasota, Fla., office.Kidd will work with accounts with more than $25,000 in premium,...

Reports Say Massachusetts Workplace Deaths Down Slightly

Apr 29 2019 // Labor organizations and a workplace safety advocacy group say 69 people died of work-related causes in Massachusetts last year, down slightly from 74 in 2017.The 28-page report released Friday by the Massachusetts AFL-CIO...

Workplace Injuries Continue to Decline But Could Rise with Low Unemployment

Apr 25 2019 // The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that experts thought would increase claims frequency, according to a report by the National...

CIC Services Launches Captive Program for Small, Mid-Sized Businesses

Apr 24 2019 // CIC Services, LLC, has created a new program help small- to mid-sized companies establish captive programs for their business. The program is designed for companies that would otherwise not be large enough to consider...

AAIS Adds Jonas as Commercial Lines Product Manager in Illinois

Apr 24 2019 // The Lisle, Illinois-based national not-for-profit insurance advisory organization, American Association of Insurance Services (AAIS), has named Joseph Jonas as its new commercial lines product manager. Jonas is responsible...

Michigan AG to Target Worker Misclassification by Employers

Apr 24 2019 // Michigan Attorney General Dana Nessel said her office will target businesses that cheat their employees of wages, pledging a forceful crackdown on what she called an under-the-radar problem that also lets companies dodge...

Alphabet’s Wing Is First Commercial Drone Unit Certified as Airline

Apr 24 2019 // An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual...