All the headlines from our Business Insurance Topic Page, ordered by recency.
Jul 19 2016 // The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.6 percent of the policy premium for the new fiscal...
Jul 18 2016 // Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at...
Jul 15 2016 // Allied World North America has teamed with program administrator Great Point Insurance to offer umbrella coverage in the U.S. and Canada for small businesses through their online portal, UmbrellaPro. Designed for companies...
Jul 14 2016 // Federal safety and health investigators have cited Altamont Ambulance Service Inc. in Fairview Heights, Ill., for workplace safety and health violations and find the company $290,100.The federal Occupational Safety and...
Jul 13 2016 // Unsafe working conditions have landed combined fines of more than $120,000 for two companies operating in the Texas oil and gas sector.Exterran Energy Solutions LP and South Texas Specialty Welders LLC were cited by...
Jul 13 2016 // Chicago-based Mesirow Insurance Services (MIS), a division of Mesirow Financial, has joined Alliant Insurance Services’ middle market platform, Alliant Americas.Terms of the agreement were not disclosed. Founded in...
Jul 12 2016 // Suren Hovhannisyan, 27, a licensed insurance agent of North Hollywood, Calif., was arrested at his residence this week on multiple felony counts of burglary, grand theft, and unauthorized use of access cards after...
Jul 5 2016 // The composite rate for commercial insurance placed in the United States moderated in June to minus 1 percent from minus 2 percent in May 2016.“Insurers are getting tired of cutting rates,” said Richard Kerr,...
Jul 1 2016 // PartnerRe Ltd. announced the formation of a new organizational structure designed to make it easier for clients to do business with the company.“The restructuring of PartnerRe’s business is aimed at better...
Jul 1 2016 // XL Catlin hired Frank Basich as senior member of the XL Catlin marine underwriting team in San Francisco.Basich is responsible for inland marine business in the western states, exercising his 25-plus years of experience...
Jun 24 2016 // Prime Property and Casualty Insurance Inc. (PPCI) has expanded into the Florida commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks.PPCI is able to insure...
Jun 22 2016 // The Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems or drones opening pathways towards fully integrating UAS into the nation’s...
Jun 22 2016 // The Travelers Cos. Inc. announced it will offer insurance directly to UK small businesses with fewer than 10 employees and less than £2.5 million ($3.7 million) in revenues.The online platform will initially be available...
Jun 21 2016 // Chicago, IL, June 21, 2016 – Prime Property and Casualty Insurance Inc. (“PPCI”) has rolled into the Florida commercial auto market as a bold new admitted carrier specializing in insurance solutions for...
Jun 20 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS).While price changes in the...
Jun 15 2016 // The Small Business Investor Alliance is throwing its support for behind a bill to reauthorize and amend the California Organized Investment Network program.Assembly Bill 2728 will reauthorize COIN and ensure that insurance...
Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...
Jun 13 2016 // Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS).While price changes in the...
Jun 9 2016 // Assurant, Inc. has teamed up with cybersecurity specialist MyDigitalShield to help protect small businesses against losses from data breaches.Assurant will provide support for MyDigitalShield’s data breach guarantee,...
Jun 8 2016 // Chubb has launched a comprehensive single property and liability package insurance policy for middle market businesses in the UK and Ireland.“MasterPackage” is designed to meet the needs of UKI business with...