Latest Business Insurance Headlines

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

Audit Criticizes Spending Practices of Kentucky Employers’ Mutual Insurance Execs

Apr 23 2019 // The governing board of Kentucky Employers’ Mutual Insurance has recommended that its chief executive take a pay cut and lose his long-term job contract in favor of year-to-year probation.The Lexington Herald-Leader...

New Hampshire Senate Passes Bill to Boost Workplace Safety

Apr 22 2019 // The 2016 death of a Northfield Highway Department worker has led to the passage of bill aimed at improving workplace safety for New Hampshire’s public sector employees.The bill, which passed the House last month and...

AI Startup Cytora Raises $32.5M to Expand Commercial Insurance Products, Geographies

Apr 22 2019 // Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate...

Hanover Offers Agents Small Business Platform Using CoverWallet Technology

Apr 17 2019 // The Hanover Insurance Group is debuting a digital platform to help independent agents acquire new small business customers including freelancers, contractors and other self-employed professionals.Calleed Insurago, the...

Ruling on Stabbing Prompts Calls for National Workplace Violence Prevention Standard

Apr 16 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...

Nationwide Expands Small Business Insurance Direct Platform

Apr 15 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform.Now, 30 different business types can access the platform. Businessowners...

Commercial Auto Forecast Improves, But Not Much: A.M. Best

Apr 15 2019 // A.M. Best maintains its negative outlook for the U.S. commercial auto insurance market even though its analysts believe it should improve somewhat in 2019.That forecast stems from commercial auto insurers having taken...

Young Small Businessowners Don’t Like Insurance Agents. Uh, Not Really.

Apr 12 2019 // Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance.Each owns a business at the downtown pedestrian mall in Charlottesville,...

Gallagher CEO Signs Pledge for Workplace Diversity, Inclusion

Apr 11 2019 // The head of Illinois-based global insurance brokerage, Gallagher, has signed a pledge to advance diversity and inclusion within the workplace.Gallagher Chairman, President and CEO J. Patrick Gallagher Jr., has signed the...

Top 10 Causes of Most Serious Workplace Injuries

Apr 11 2019 // The annual Liberty Mutual Workplace Safety Index documents the top 10 causes of the most serious workplace injuries – those causing an employee to miss five or more days from work – and ranks them by their direct cost...

Digital Commercial Lines Broker Embroker Raises $28 Million

Apr 10 2019 // Digital insurance broker Embroker announced its $28 million Series B funding round.Embroker said it will use the funding to scale adoption of its insurance management platform, data-driven service offering, and proprietary...

Berkshire Hathaway GUARD Launches Commercial Package in Pennsylvania

Apr 5 2019 // Berkshire Hathaway GUARD Insurance Companies has launched a new commercial package product in Pennsylvania.The new offering includes: commercial property with limits up to $120 million per location with an enhanced causes...

Commercial Auto Market Should Improve This Year But Not a Lot: A.M. Best

Apr 4 2019 // A.M. Best maintains its negative outlook for the U.S. commercial auto insurance market even though its analysts believe it should improve somewhat in 2019.That forecast stems from commercial auto insurers having taken...

Nationwide Expands Small Business Insurance Direct Platform

Apr 3 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform.Now, 30 different business types can access the platform, which enables...

Forklift Operator Killed in California Workplace Accident

Apr 2 2019 // A forklift operator was killed when he was struck by a car during a business delivery.KCAL reports that the unidentified man in his 60s was making a delivery of live poultry in the Pacoima neighborhood of Los Angeles when...

Hutchinson Rejoins Hub Northeast as Executive Vice President of Commercial Lines

Apr 2 2019 // Hub International Northeast Limited, a subsidiary of the global insurance brokerage, risk advisory and employee benefits firm, Hub International Limited, has re-hired James Hutchinson as executive vice president of...

Oklahoma Man Admits to Embezzling $755K from Employer

Apr 1 2019 // An Edmond, Oklahoma, man has admitted to embezzling more than $755,000 from his employer and to tax fraud.Court documents show 74-year-old Odis Aubrey King admitted in a plea agreement that he wrote more than 200 company...

Sompo International Commercial P&C Promotes Gallagher to New Role of CEO

Apr 1 2019 // Sompo International Holdings Ltd. (SI), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Gallagher has been promoted to the newly created role of chief...

Assaults on Woman a Common Cause of Workplace Injuries

Apr 1 2019 // Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National Safety Council.The number...

Lloyd’s Issues Action Plan to End Sexual Harassment in Workplace Amid Recent Reports

Apr 1 2019 // In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t...