Latest Business Insurance Headlines

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

Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked

Jan 18 2019 // Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber attack would look like for small businesses.The insurer collaborated with UK bike...

Bhatia Joins California’s Preferred Employers Insurance as Sr. Underwriter

Jan 16 2019 // San Diego, California-based Preferred Employers Insurance, a Berkley Company, has added workers’ compensation underwriting expert, Minoo Bhatia, as a senior business development underwriter. Bhatia comes to Preferred...

Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey

Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS).The impact of business interruption (which includes...

Different Rates of Opioid Prescriptions Linked to Worker, Employer, Injury Traits

Jan 11 2019 // Injured workers in mining and construction, those in rural counties or those who suffer fractures, carpal tunnel and neurologic spine pain are among those more likely to receive prescriptions for opioids than workers in...

How Commercial Insurance Rates Changed in Q4 and 2018: IVANS

Jan 11 2019 // Renewal premium rates for nearly all major commercial insurance lines increased in the fourth quarter of last year with the exception of workers’ compensation where the average rate dropped and remained negative.The...

Warren G. Bender in California Names Amano Commercial Lines Account Executive

Jan 7 2019 // Sacramento, Calif.-based Warren G. Bender Co. has named Kaz Amano an account executive in its commercial lines department. He has more than 12 years of prior experience in commercial insurance. He was previously an account...

Most UK Small Businesses Remain in the Dark About Cyber Risks

Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...

Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business

Jan 3 2019 // Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment.The acquired business, which generated more than £150...

Commercial Auto: An Old Dog Up to New Tricks

Dec 28 2018 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...

Wyoming Workplace Deaths Fall to Lowest Level Since 2009

Dec 20 2018 // The number of workplace deaths in Wyoming last year fell to the state’s lowest level since 2009.The Casper Star-Tribune reported the state Research and Planning Department released a report Tuesday showing that 20...

Civil Rights Commission: Iowa Employer Used Slurs to Disparage Black Workers

Dec 19 2018 // The Iowa Civil Rights Commission is taking legal action to enforce a $14,700 judgment against a business owner accused of using racial slurs to belittle black employees, court records show.Bruce Smith, of West Des Moines,...

Zurich to Shift $2B of UK Legacy Employers’ Liability Policies to Catalina

Dec 17 2018 // Zurich Insurance plc has entered into an agreement with Catalina, a specialist acquirer of legacy insurance portfolios, to transfer its pre-2007 UK legacy employers’ liability policies to Catalina.As of December 31,...

Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017

Dec 17 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS).The survey compared prices...

Penn. High Court Rules Employer Has Duty to Safeguard Employees’ Personal Info

Dec 17 2018 // The Pennsylvania Supreme Court has ruled that an employer has a legal duty to use reasonable care in safeguarding its employees’ sensitive personal information stored on an internet-accessible computer. This vacates...

Michigan’s Kaufman Group Named a BEST for Workplace Training and Development

Dec 11 2018 // The employees and agent/broker clients of Farmington Hills, Michigan-based H.W. Kaufman Group may be pleased but not surprised to learn that the specialty insurance organization has been recognized as one of the best in...

Penn. High Court Rules Employer Has Duty to Safeguard Employees’ Personal Info

Dec 10 2018 // The Pennsylvania Supreme Court has ruled that an employer has a legal duty to use reasonable care in safeguarding its employees’ sensitive personal information stored on an internet-accessible computer.This vacates...

Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017

Dec 10 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS).The survey compared prices...

Senators Seek Ban on ‘Confessions’ Tactic Used by Predatory Small Business Lenders

Dec 7 2018 // Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from small businesses.Senators Sherrod Brown, the top Democrat on the Senate Banking Committee, and Marco...

Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents

Dec 4 2018 // CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today.With 16...

Progressive to Offer Online Cyber Marketplace to Small Business Owners

Dec 3 2018 // Progressive Insurance will offer small business owners the ability to compare, quote and buy cyber insurance online, alongside other small business coverages, through CyberPolicy, an online cyber insurance marketplace...