All the headlines from our Business Insurance Topic Page, ordered by recency.
Nov 3 2017 // Highlighting the development as a “noteworthy item” in an earnings announcement Thursday night, American International Group reported prior-year loss reserve strengthening of $836 million before taxes, which...
Oct 31 2017 // American International Group’s technology-focused subsidiary formerly known as Hamilton USA has a new name, Blackboard.Hamilton USA was part of Hamilton Insurance Group. AIG announced plans to buy the unit in May...
Oct 31 2017 // U.S. shareholder activists are addressing a soaring death toll from opioid drug abuse, asking companies that make and distribute the painkillers to review the risks their businesses could face from their role in the...
Oct 31 2017 // Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field.Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend...
Oct 27 2017 // Several state and federal government entities partnering on a Louisiana task force to target employers who misclassify workers plan increased activity in 2018, according to the Louisiana Workforce Commission (LWC).The...
Oct 26 2017 // Nurse care management and a solid return-to-work program are two ways employers can proactively manage workers’ compensation costs.Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., emphasized the role...
Oct 24 2017 // A bipartisan group of congressmen has filed legislation to encourage employers to invest more in training and educating their employees.The legislation would create a tax credit for 25 percent of the first $5,000, or up o...
Oct 20 2017 // Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit this week...
Oct 20 2017 // BB&T- Oswald Trippe and Company has expanded its Southeast Florida team with the addition of two new associates as commercial lines producers to assist business clients in the greater Southeast Florida area. Kelly...
Oct 19 2017 // A Machiasport, Maine, man is suing a salmon farm over a workplace injury in which he lost two fingers.Jesse Redman sued True North Salmon US Inc. and Cooke Aquaculture USA Inc. last week in U.S. District Court in Bangor,...
Oct 16 2017 // One factor driving continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits.The amount of money and resources being put into...
Oct 13 2017 // There are more than 4,000 cyber-attacks each year aimed at small- to mid-sized businesses, many of which are exposed because they haven’t given cyber security a high enough priority, according to Stephanie...
Oct 13 2017 // Public/private partnerships between governments, companies and insurers can help ease income gaps that burden millions of Americans, according to new research from Zurich Insurance Group and the University of...
Oct 12 2017 // Irving, Texas-based QEO Group LLC (QEO) and Clear Blue Financial Holdings LLC (Clear Blue), headquartered in North Carolina, have agreed to a long-term, exclusive relationship for QEO to write its commercial automobile...
Oct 12 2017 // Digital business insurance agency CoverWallet said it has closed a $18.5 million Series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, Index Ventures, CV Starr...
Oct 12 2017 // A Massachusetts nanny who stole more than $100,000 from her employers has been sentenced to 15 months in federal prison. Prosecutors say 36-year-old Stacy Fortunato was also sentenced Tuesday to three years of probation...
Oct 11 2017 // Starr Cos. announced it has introduced commercial primary auto coverages in all provinces and territories in Canada. “This allows Starr to better support our primary general liability accounts by offering commercial...
Oct 9 2017 // Maine Employers’ Mutual Insurance Company has returned $21 million to Maine employers insured by the workers’ compensation provider. About 18,000 employers in the state will see insurance returns from the...
Oct 6 2017 // Gov. John Bel Edwards’ administration is boosting the size of loans available to small businesses damaged by last year’s flooding in Louisiana and is extending the deadline for applications.The Restore...
Oct 5 2017 // Alera Group has acquired Employer Concept Insurance Services, based in Irvine, Calif. Terms of the deal were not disclosed. Employer Concept Insurance Services will join Alera Group through local firm...