Trending Business Insurance Headlines

The most viewed headlines from our Business Insurance Topic Page over the last 30 days.

#1 Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’

Oct 29 2024 // Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both...

#2 2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023

Nov 14 2024 // After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best reports indicates further deterioration in the first half of 2024.Despite targeted underwriting initiatives, including...

#3 Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into Overtime

Nov 19 2024 // The Philadelphia Eagles football organization wants to force its case for Covid-19 business interruption insurance against insurer Factory Mutual Insurance Co. into overtime, arguing that its situation is unlike any other...

#4 Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Oct 28 2024 // Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net...

#5 Ivans Index Shows Commercial Lines Renewal Rates Down in October From August

Nov 6 2024 // All major commercial lines premium renewal rates were lower in October than in August, according to the latest monthly Ivans Index.Premium renewal rate change by line of business for October 2024 highlights include:...

#6 Commercial Lines Profit Growth: Execution Matters More Than Portfolio Mix

Nov 22 2024 // It is “how” commercial lines carriers execute their underwriting strategies, not “what” lines they write that is key to profitable growth for top performers, according to new research from...

#7 Arthur J. Gallagher Acquires Statewide Commercial Insurance Brokers

Nov 6 2024 // Arthur J. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., dba Statewide Commercial Insurance Brokers. Lana Matar and her team will remain in their current location under the...

#8 People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodge to COO

Nov 15 2024 // Zurich North America, headquartered in Schaumburg, Illinois, promoted Stan Bernard to head of industry practices for U.S. Middle Market.Bernard succeeds Lynn Zeitler, who is retiring in December after 31 years with Zurich....

#9 People Moves: H.W. Kaufman Names Kaufman, Kaufman Davis Co-Presidents; Desett Joins HUB as N.A. Commercial Lines Pres.; Benson Is Chubb Multinational Ins. Lead

Oct 25 2024 // H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President RoleH.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The...

#10 CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella

Nov 22 2024 // Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey,...

#11 Texas DWC Seeks Comments on Employer Forms

Nov 14 2024 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on revised static forms: DWC Form-005, Non-Subscriber Notice to Division of Workers’ Compensation. DWC...

#12 UK’s Reeves Raises Employers’ National Insurance Contributions

Oct 30 2024 // Finance minister Rachel Reeves said on Wednesday she would raise employers’ social security contributions to 15% from April, a major revenue raiser for a budget the government hopes will kick-start moves to turn...

#13 Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Nov 18 2024 // Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net...