Latest Business Insurance Headlines

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

Lewis Succeeds West as Leader of Chubb’s Mid-Market Commercial Lines; Rockwell Named Chief Underwriter

Jun 21 2018 // Chubb has appointed Paul Lewis North America Commercial Insurance Industry practice leader for its North American mid-market segment. He will be responsible for leading Chubb’s Commercial Insurance Industry practices...

Illnesses at Houston Workplace Blamed on Carbon Monoxide

Jun 20 2018 // About two dozen people have been treated for apparent carbon monoxide poisoning at a Houston food distribution center. Firefighters were summoned to the center along the city’s Produce Row after workers reported...

Small Businesses That Ignore Lessons from Cyber Attack Likely to Suffer Another: Hiscox

Jun 20 2018 // While 47 percent of small businesses suffered at least one cyber attack in the past year, only 35 percent of them took action following a cyber security incident to mitigate against another. Forty-four percent of small...

Trump Labor Chief Readies Rule to Allow Small Business Health Plans

Jun 19 2018 // The Trump administration wants to make it easier for small businesses to join together to offer cheaper health insurance plans that would lack some of the protections required under Obamacare.The U.S. Labor Department on...

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

Jun 19 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...

More Employers Adopting ‘Don’t Ask, Don’t Tell’ Policy for Marijuana Use

Jun 18 2018 // FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs.Those employers and many others are...

Commercial Insurance Prices Increase First Time in 3 Years

Jun 18 2018 // Commercial insurance prices in the U.S. increased modestly in the first quarter of 2018, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing...

Global Commercial Insurance Market to Grow $170B in P/C Premium By 2021: Aon Inpoint

Jun 18 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017, and by 2021, they will rise to nearly $900 billion.U.S. commercial P/C insurance premiums were worth $274.5 billion in...

Wisconsin Contractor Cited, Fined $120.3K for Workplace Safety Hazards

Jun 15 2018 // Federal safety officials have cited a Wisconsin roofing contractor for exposing employees to falls and other safety hazards at two separate job sites.Penalties proposed for Appleton roofing contractor Hector Hernandez by...

Employers Waking Up to Costs of Employees Falling Asleep on the Job

Jun 14 2018 // An employer with 1,000 employees can expect to lose more than $1 million each year in missed workdays, lower productivity and increased healthcare due to employee fatigue, according to a new survey.About one-third of all...

Ease Up On Commercial Drones, Scientists Advise Safety Regulators

Jun 14 2018 // Science advisers to the federal government say safety regulators are hindering the spread of commercial drones by being too cautious about the risks posed by the flying machines.The National Academies of Science,...

Orchid Insurance Expands Commercial Lines Division to Several East Coast States

Jun 13 2018 // Orchid Underwriters Agency LLC (Orchid Insurance), a specialty underwriter of catastrophe exposed property insurance, has expanded its Commercial Lines division into New York, Massachusetts, Maryland, Virginia, Georgia,...

Regulators Fine Iowa Company over Workplace Safety Violations

Jun 11 2018 // An Iowa maker of wind turbine blades has been fined nearly $155,000 for multiple workplace safety violations.The Des Moines Register reports that Iowa’s Occupational Safety and Health Administration levied the fines...

Breckenridge Insurance Services Hires Commercial Insurance Cyber Specialty Broker Ashley Holtz

Jun 8 2018 // Atlanta, GA, June 8, 2018 — Breckenridge Insurance Services is pleased to announce Ashley Holtz has joined the wholesale brokerage team as assistant vice president and broker. Holtz brings additional cyber coverage...

Here’s What’s to Expect for Global Commercial Insurance Market Growth

Jun 8 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017 and by 2021 will rise to almost $900 billion.U.S. commercial P/C insurance premiums were worth $274.5 billion in 2017 and...

Monarch E&S in California Names Bertram Manager of Commercial Lines

Jun 5 2018 // Monarch E&S Insurance Services has promoted Lynn Bertram to senior underwriter and manager of commercial lines operations. Bertram has worked with Monarch E&S for 15 years, underwriting new business for the past...

Most Commercial Insurance Prices Continued Creeping Up in May: IVANS

Jun 5 2018 // Renewal premiums for a majority of standard commercial lines products continued to trend up in May, according to the latest IVANS Index. The exceptions were commercial auto and umbrella, which still rose in May but not as...

Don’t Let Time Run Out on Your Employer Clients

Jun 4 2018 // “Time is on my side. Yes it is.”— The Rolling Stones Time might be on Mick Jagger’s side. But if your client is an employer with 10 or more employees, then the question as to whether time is on its...

How to Succeed in Today’s Small Business Insurance Market

May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...

California Commissioner: Insurers Pocketing Comp Profits, Not Passing Savings to Employers

May 29 2018 // California Insurance Commissioner Dave Jones on Tuesday adopted a revised workers’ compensation insurance advisory pure premium rate by lowering the benchmark to $1.74 per $100 of payroll for workers’ comp.The...