All the headlines from our Business Insurance Topic Page, ordered by recency.
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...
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...
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...
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...
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,...
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...
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,...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
Nov 28 2018 // It’s that time of year at the Academy. I’m pouring over spreadsheets and schedules. I’m emailing instructors and planning classes. Yeah. I’m trying to look ahead and work ahead, all while looking at...
Nov 27 2018 // Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance.Two firms led the startup’s...
Nov 26 2018 // Employers Mutual Casualty Co. has proposed to purchase all the outstanding common stock of its affiliate EMC Insurance Group Inc.As the parent company, Employers Mutual Casualty currently owns approximately 55 percent of...
Nov 21 2018 // When Canadians hit the gym, they’re not the only ones who benefit. Their insurers stand to gain as well.“If we can have a healthier workplace it is going to decrease disability costs, it’s going to...