All the headlines from our Business Insurance Topic Page, ordered by recency.
Mar 20 2025 // Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo.The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly...
Mar 14 2025 // Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1.She will report to Richard Montminy, group head of property risks, and will be based in Atlanta. Shipper...
Mar 12 2025 // Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower Middle Market and Digital Small Business divisions into a single unit.The new unit will...
Mar 12 2025 // DENVER, Mar. 12 2025 — Hinterland Insurance (Hinterland) has announced the appointment of Mohmoud Bondugjie as the new Assistant Vice President of General Commercial, a strategic move aligned with the company’s...
Mar 11 2025 // U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
Mar 10 2025 // Workers’ compensation insurers and California employers alike have faced new responsibilities for employee safety from July 1, 2024, when legislation aimed at reducing workplace violence took effect. Now that the law...
Mar 10 2025 // Businesses are now required to implement robust workplace violence prevention plans in California under a new law that became effective in July 2024. But risk management experts warn that compliance needs to be more than a...
Mar 6 2025 // The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses.The investigation, being conducted...
Mar 4 2025 // The Ohio Bureau of Workers’ Compensation board of directors announced a 6% rate cut for private employees effective July 1, 2025. The reduction follows a 7% rate cut for private employers last year.Ohio’s...
Feb 27 2025 // This edition of International People Moves details appointments at Beazley and BMS Re.A summary of these new hires follows here. Beazley Taps Generali’s Foucher as Head of Commercial Property, EuropeBeazley, the...
Feb 27 2025 // Martine Joins The Liberty Company as VP, Producer The Liberty Company named Derrick Martine vice president, producer, employee benefits in its Irvine, California, office. At Liberty, Martine consults with clients on...
Feb 25 2025 // New Mountain Capital, an investment firm, has agreed to buy the commercial insurance division of Pennsylvania-based NSM Insurance Group.The firms said in a news release that the deal is expected to close in the next 45...
Feb 24 2025 // Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024—marking the second consecutive quarterly decrease after seven years of rising rates, according to the Global...
Feb 21 2025 // Jodi M. Swartz Chesapeake Employers’ Insurance Company, headquartered in Towson, Maryland, named Jodi M. Swartz as the company’s senior vice president and chief growth officer. Swartz has more than 20 years of...
Feb 20 2025 // The U.S. Equal Employment Opportunity Commission said it will enforce antidiscrimination laws against employers that “illegally prefer non-American workers.”In a Feb. 19 announcement EEOC’s Andrea Lucas,...
Feb 18 2025 // Encova Insurance, headquartered in Columbus, Ohio, appointed Dawn Colavecchi as commercial lines regional vice president, and Todd Becker as vice president, commercial underwriting office, workers’...
Feb 14 2025 // Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index.Month over month, commercial auto, business owners...
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Feb 5 2025 // Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 – marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global...
Feb 5 2025 // Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a...