All the headlines from our Business Insurance Topic Page, ordered by recency.
Aug 9 2017 // Liberty Mutual’s has launched a new proprietary Premier Property Protector all-risk policy to accommodate all of a broker’s single carrier and shared and layered property coverage needs.According to Mike...
Aug 8 2017 // Members of Chesapeake Employers Insurance’s Board of Directors elected V. Rocky Gonzalez as chairman, effective immediately. Gonzalez succeeds Charles Dankmeyer as chairman, who is now serving as a member of the...
Aug 7 2017 // Louisiana’s flood recovery program is trying to determine the needs of flood-damaged companies by asking small businesses to fill out a statewide survey.The small business survey is expected to take about 10 minutes...
Aug 7 2017 // Not all small businesses are the same when it comes to customer satisfaction with their commercial insurance. There are actually widening satisfaction gaps among small businesses of different sizes, according to the J.D....
Aug 7 2017 // The Travelers Cos. has completed its previously announced acquisition of Simply Business, a provider of small business insurance cover in the United Kingdom, which offers products online on behalf of a broad panel of...
Aug 7 2017 // Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who...
Aug 2 2017 // In July 2017, premium renewal rate change for the majority of standard commercial lines products remain in positive territory. Workers’ compensation was the one product that trended negatively, dipping below -1.00...
Aug 2 2017 // Older people are dying on the job at a higher rate than workers overall, even as the rate of workplace fatalities decreases, according to an Associated Press analysis of federal statistics.It’s a trend that’s...
Aug 1 2017 // MMG Insurance Company, a Presque Isle, Maine-headquartered regional property and casualty insurance company, has hired Derek Hochradel as vice president of commercial lines, effective July 31, 2017.“Growth of...
Jul 28 2017 // In Youngstown, Ohio, the employment problem is not a shortage of jobs. Nor is it a shortage of workers. The problem is not stingy employers who don’t want to pay enough to attract good workers. Nor is the problem...
Jul 26 2017 // A Tennessee woman accused of stealing $3 million from a trucking company’s New Jersey facility has been sentenced. Fifty-five-year-old Tracey Perrigan, of Sparta, was sentenced to 33 months in prison Monday. Perrigan...
Jul 24 2017 // Chubb Workplace Benefits in Chicago has promoted Jon Wayland to senior vice president of sales. Wayland has 30 years of insurance industry experience and previously served as vice president of brokerage channel sales. In...
Jul 24 2017 // About 40 percent of employment practices liability policies (EPLI) that I review fail to cover allegations of employment-related breach of privacy. These range from complaints that the employer failed to protect sensitive...
Jul 24 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states: Alabama and Mississippi.The two new states join New...
Jul 19 2017 // Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet.CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were disclosed....
Jul 19 2017 // Farmers Insurance has named new presidents for two of its key business units. Sharon Fernandez, most recently president of Bristol West Insurance, has been appointed president of Business Insurance at Farmers. In addition,...
Jul 18 2017 // A new report by the research and advisory firm, Novarica, shows that commercial insurance carriers are modernizing policy administration systems and agent portals to support complexities of business. Novarica also says use...
Jul 14 2017 // A Connecticut woman who stole more than $250,000 from her Massachusetts employer even as he struggled with dementia and cancer has been sentenced to nearly two years in prison.Angela Craig was sentenced Tuesday in U.S....
Jul 12 2017 // Independent agents want to talk about underwriting, and they’re urging their carriers to listen. Preliminary results from the 2017 Channel Harvest Research survey indicate agents want to see companies put greater...
Jul 7 2017 // Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under...