Latest Business Insurance Headlines

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

The Lowdown: The Long & Short of Marine Employers Liability Coverage

May 29 2018 // Need to brush up on marine employers liability coverage? Our sponsor, Worldwide Facilities, has prepared a paper on the ins and outs of marine coverage. This paper explains the differences between Longshore and Harbor...

More Large Employers Add Financial Wellness Tools to Benefits Menu

May 24 2018 // Study after study shows that money stress can be as bad for workplace productivity as back pain.The latest study, released by PwC on Tuesday, found that a quarter of U.S. workers said financial worries caused them health...

Cybersecurity Professional Deploys Insurtech to Simplify Small Business Cyber Market

May 23 2018 // A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker.“I wanted to solve...

Supreme Court Pro-Arbitration Ruling a Big Win for Employers

May 22 2018 // The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for...

Missouri Employers Mutual Awards $800K in Workplace Safety Grants

May 22 2018 // Workers’ compensation insurer, Missouri Employers Mutual has awarded the company’s fourth round of safety grants to Missouri businesses this month to help them take the next step toward improving workplace...

Supreme Court Backs Employers on Forced Arbitration, Limiting Employee Class Actions

May 21 2018 // A divided U.S. Supreme Court ruled that employers can force workers to use individual arbitration instead of class-action lawsuits to press legal claims. The decision potentially limits the rights of tens of millions of...

Few Employers Take New Actions to Curb Sexual Harassment

May 21 2018 // Despite the recent spotlight on workplace sexual harassment issues, few employers have taken action to prevent and/or address sexual harassment concerns in the workplace, according to a survey of employees by the American...

N.J. Manufacturer Faces More Than $435K in Penalties for Workplace Safety Failures

May 21 2018 // New Jersey plastics manufacturer Douglas Stephen Plastics Inc. has been cited for exposing employees to safety and health hazards at its Paterson, N.J., facility. It faces penalties of $435,679.The U.S. Department of...

Fitch Sees Small Profit But Still Negative on U.S. Commercial Lines Outlook

May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report.Still, Fitch is...

Global Commercial Insurance Prices Rose in Q1: Marsh

May 18 2018 // Following four-and-a-half years of price decreases, global commercial insurance prices rose, on average, for the second consecutive quarter. This was largely driven by property insurance pricing, which continued to be...

Commercial Auto Insurers Catching Up with Telematics

May 17 2018 // Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space.According to Zach Schmiesing, director, Commercial Lines, IoT/Telematics at Verisk Analytics,...

Texas Calls for 2017 Commercial Property, Businessowners Premium Data

May 15 2018 // The Texas Department of Insurance has issued a special data call to companies writing direct commercial property or businessowners insurance in Texas catastrophe areas during calendar year 2017.The data call is necessary...

NFL Cheerleaders Could Test Joint Employer Liability Rule

May 11 2018 // The NFL’s cheerleader problems are back.The New York Times reported Wednesday that cheerleaders for the Washington franchise were made to pose topless for season ticket holders in Costa Rica in 2013. Earlier this...

Top 10 Causes of Serious Workplace Injuries: Liberty Mutual Index

May 11 2018 // The U.S. workplace is getting safer but the cost of the most serious workplace injuries is rising, according to the findings of the most recent Liberty Mutual Workplace Safety Index.The number of the most serious workplace...

West Virginia Roofing Company Fined $57K for Workplace Safety Violations

May 7 2018 // A roofing company in West Virginia has been assessed $57,600 in proposed fines for workplace safety violations. The Charleston Gazette-Mail reports the Occupational Safety and Health Administration cited Master Roofers and...

Commercial Insurance Renewal Prices Rose in April Except for Workers’ Comp: IVANS

May 7 2018 // Last month, major commercial lines insurance renewal premiums continued their upward trend except for workers’ compensation, which remains in negative territory for the year, according to the latest IVANS Index.Month...

Small Businesses Hampered by Uninsured Losses After 2017 Hurricanes: Fed Reserve

May 7 2018 // Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires in 2017, according to a Federal Reserve survey published in April.The...

Texas Mutual to Distribute $280M in Dividends to Employers

May 3 2018 // Texas Mutual Insurance Company, which provides workers’ compensation coverage to more than 70,000 business owners and 1.4 million employees, announced it will distribute $280 million in dividends in 2018.Nearly 75...

Amazon, Lowe’s, Tesla Make ‘Dirty Dozen’ Unsafe Workplace List

May 2 2018 // Amazon, Lowe’s and Tesla are among the firms on a list of employers with unsafe workplaces published by a federation of labor, health and safety groups.The National Council for Occupational Safety and Health...

N.J. Manufacturer Faces More Than $435K in Penalties for Workplace Safety Failures

Apr 27 2018 // New Jersey plastics manufacturer Douglas Stephen Plastics Inc. has been cited for exposing employees to safety and health hazards at its Paterson, N.J., facility and faces penalties of $435,679.The U.S. Department of...