Latest Business Insurance Headlines

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

AF Group Drives into Commercial Auto with Fundamental

Aug 6 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company, Fundamental...

Texas Countertop Maker Faces $318.6K in Fines for Workplace Hazards

Jul 31 2018 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Tyler, Texas-based Berry Marble Company Inc. – doing business as U.S. Granite – for exposing employees to machine...

Hartford’s Q2 Results Reflect Big Commercial Lines Gain

Jul 27 2018 // The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses.Overall net income was $582 million in second quarter...

Missouri Employers Mutual’s Walleck Named to NCCI Underwriting Committee

Jul 19 2018 // Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on...

U.S. Labor Judge Nixes McDonald’s Deal to Avoid Joint Employer Tag

Jul 18 2018 // A judge with a U.S. labor agency on Tuesday rejected McDonald’s Corp.’s proposed settlement of a major case on whether the fast-food company is accountable for alleged labor law violations by franchisees across...

Massachusetts Woman Pleads Guilty to Stealing about $2.7M from Employer

Jul 12 2018 // A Massachusetts woman has pleaded guilty to stealing about $2.7 million from her former employer.Federal prosecutors say 57-year-old Debra Mulloy, of Milford, pleaded guilty on Tuesday to aggravated identity theft and wire...

More Employers Adopting Continuous Background Checks on Employees

Jul 12 2018 // Jay Cradeur takes pride in his 4.9 driver rating on Uber Technologies Inc.’s five-star scale and the almost 19,000 rides he’s given in the capital of ride sharing, San Francisco. So he was puzzled — and...

Commercial Lines Rates Hardened in Q2: IVANS Index

Jul 11 2018 // The second quarter showed a general uptick in premium renewal rate change across the commercial insurance lines of business compared to the first quarter 2018. The upward movement was seen in commercial auto, general...

AF Group Drives into Commercial Auto with Fundamental Underwriters

Jul 11 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company — Fundamental...

Ironshore Forms Onshore Middle Market Energy Equipment Facility

Jul 10 2018 // Ironshore Insurance Services LLC has formed an energy equipment facility offering property and inland marine insurance coverage for onshore middle market classes of business in the U.S.Ironshore’s Syndicated Risk...

Planck Re, a Commercial Insurance Data Platform Startup, Raises $12M

Jul 6 2018 // Planck Re, a commercial insurance data platform startup, nailed down $12 million for its first formal financing.Arbor Ventures led the round, which also included Viola FinTech and Eight Roads. Plans call for the company to...

Austin’s Employer Solutions Group Joins INSURICA

Jul 3 2018 // Insurance broker INSURICA, headquartered in Oklahoma City, has acquired employee benefits provider Employer Solutions Group (ESG), based in Austin, Texas.ESG operates throughout Texas under the leadership of Michael...

AFL Insurance Brokers Acquires Majority Stake in Employer Protection MGA

Jul 2 2018 // AFL Insurance Brokers Ltd. has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services Ltd., for an undisclosed sum.London-based Concordia was launched in...

Maine Employers Are Not Required to Reimburse Employees for Medical Marijuana Use

Jul 2 2018 // The Maine Supreme Court has ruled that employers in the state are not required to reimburse employees for their use of medical marijuana under the Maine workers’ compensation system because federal law preempts state...

Middle Market U.S. Manufacturers Predict Growth, Changing Risk as Technology Transforms the Industry: Report

Jul 2 2018 // The business climate for manufacturing in the U.S. has improved over the past few years, driving both revenue and employment growth for middle market manufacturers. But the industry is also experiencing a period of...

Missouri Bill Exempts Some Commercial Insurance From Rate Filing Requirement

Jul 2 2018 // Missouri’s General Assembly has passed, and the governor has signed, a bill that exempts some commercial insurance policies and endorsements from rate filing requirements.The legislative summary of SB 594 states that...

More Employers Offering Paid Parental Leave Benefit

Jun 29 2018 // More than one in three U.S. employers offers paid maternity leave beyond the amount required by law, up from one in six earlier this decade, according to new data from the Society for Human Resource Management.All 20 of...

Some Big Employers Moving Away from High Deductible Health Plans

Jun 26 2018 // When Carla Jordan and her husband were hit with a cascade of serious medical issues, she knew that at least her family had health insurance through her job. What she didn’t realize was that even with that coverage, a...

Missouri Exempts Some Commercial Insurance Policies from Rate Filing Rules

Jun 25 2018 // Missouri’s General Assembly has passed, and the governor has signed, a bill that exempts some commercial insurance policies and endorsements from rate filing requirements.The summary of SB 594 on the legislative...

Chubb Adds Artisan Contractors Coverage to Small Business Online Platform

Jun 22 2018 // Chubb has introduced a new insurance product available to more than 60 classes of artisan contractors through its new digital platform – the Chubb Small Commercial Marketplace, which places and services small business...