Latest Business Insurance Headlines

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

Commercial Insurance Prices in U.S. Stayed Flat in Q3: Willis Towers Watson

Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...

Indiana Fines Rural King $14K for Alleged Workplace Safety Violations

Dec 7 2017 // Indiana state regulators have fined farm supply chain Rural King $14,000 for alleged safety violations at a southern Indiana warehouse.The Indiana Occupational Safety and Health Administration issued a Nov. 30 order that...

How Commercial Insurance Customers Rate Large Carriers, Brokers

Dec 7 2017 // Overall customer satisfaction with large commercial insurers has increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the...

USI Completes Acquisition of Wells Fargo Commercial Insurance Business

Dec 4 2017 // USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co.This purchase includes the commercial insurance brokerage and consulting,...

Global Commercial Insurance Rates Decrease Again: Marsh

Dec 4 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according...

Small Businesses Want More Self-Service Workers’ Comp Tools: Survey

Dec 4 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...

Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit

Nov 30 2017 // Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit.He will be responsible for further...

Commercial Insurance Rate Decreases Slowing Globally: Marsh

Nov 22 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to...

Small Businesses Want More Self-Service Workers’ Comp Tools: Survey

Nov 22 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...

What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities

Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...

Chubb Launches Commercial Division for SMEs in Asia Pacific

Nov 14 2017 // Chubb announced it has formed a division in Asia Pacific dedicated to the risk management needs of small- and medium-sized enterprises (SMEs).This new business division, which is named the Small Commercial Division,...

Nebraska Bakery Faces $122.6K in Penalties for Multiple Workplace Hazards

Nov 14 2017 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bimbo Bakeries USA for exposing workers to multiple hazards at its Bellevue, Nebraska, commercial bakery. The company...

Allianz to Offer Small Business Cyber Risk Management Services Through Zeguro

Nov 8 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based software company Zeguro, to address cyber security and risk management for small to...

Watkins Insurance Group Named a Top Workplace in Greater Austin Area for 2017

Nov 7 2017 // Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, has been awarded a 2017 Top Workplaces honor by The Austin American-Statesman. The Top Workplaces...

HUB Adds Shipp to Commercial Markets Team in Central California

Nov 6 2017 // HUB International of California has named Geoffrey Shipp a commercial markets producer, risk management advisor and senior sales management trainee. Shipp will affiliate with HUB’s Central Coast offices as well as...

CNA Adds ‘Get a Quote’ for Small Business Insurance Online Shoppers

Nov 6 2017 // Commercial lines insurer CNA has added a “Get a Quote” feature that allows small business owners to receive a quick premium indication for a CNA Connect business owners policy and a workers’ compensation...

What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities

Nov 6 2017 // Commercial insurance buyers should brace for rate increases for 2018 insurance as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global...

ASC to Acquire Forestry Insurance Co. of the Southeast’s Commercial Auto Book

Nov 6 2017 // Accredited Surety and Casualty Company, Inc. (ASC), a subsidiary of Randall & Quilter (R&Q), has entered into an agreement with Forestry Insurance Company of the Southeast to acquire its commercial auto book of...

Small Business Digital Insurer Attune Adds Starr’s Stamets, OnDeck’s Dreiling

Nov 3 2017 // Digital small business insurer Attune has named Martha Dreiling as head of Analytics and Corporate Operations and Richard E. Stamets as head of Underwriting Strategy.Dreiling oversees Attune’s analytics, people and...

October Commercial Insurance Renewal Rates Up Except Workers’ Compensation: IVANS Index

Nov 3 2017 // In October, premium renewal rates were up for the majority of standard commercial lines products, with workers’ compensation remaining the major line where rates did not go up, according to IVANS Index that tracks...