All the headlines from our Commercial Lines Topic Page, ordered by recency.
Aug 15 2023 // The New York State Insurance Fund (NYSIF), the state’s largest workers’ compensation insurer, allocated $585 million to New York employers last year through its dividends and return-of-premium programs.Every...
Aug 14 2023 // Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears that have led employers such as Microsoft and Google to curb its use.Companies worldwide are...
Aug 10 2023 // A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its...
Aug 8 2023 // Woodbridge, NJ., August 8, 2023 – NIP Group, a renowned specialty insurance provider, proudly announces the relaunch of its highly successful LandPro® program, specially tailored for larger residential and commercial...
Aug 8 2023 // Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.Lenders including Goldman Sachs Group Inc. and JPMorgan Chase & Co. have been trying to sell debt...
Jul 31 2023 // This edition of International People Moves details appointments at Lockton and MS Amlin.A summary of these new hires follows here. Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding...
Jul 31 2023 // The Hartford said second quarter net income was $542 million, an increase of 23% compared with the same period a year ago, driven by written premium growth of 12% in commercial lines.Net income from commercial lines was...
Jul 31 2023 // Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped...
Jul 28 2023 // This post is part of a series sponsored by Insurance Quantified.“I Know, You Don’t Have Time to Read This. You’re Drowning in Submissions.” I’ve had the opportunity to spend part of my career...
Jul 26 2023 // This month, a number of new workers’ compensation rules took effect in Florida, affecting penalties for employers who fail to obtain comp insurance and setting new requirements for exemptions for corporate...
Jul 25 2023 // Woodbridge, NJ, July 25, 2023 – NIP Group, a renowned specialty insurance provider, is proud to announce the relaunch of its highly successful MaintenancePro® program, tailored specifically for larger residential...
Jul 24 2023 // Allianz Global Corporate & Specialty (AGCS) together with the commercial insurance businesses of local Allianz Property & Casualty (P&C) entities have begun to trade as “Allianz Commercial” in one...
Jul 20 2023 // Thirteen Republican state attorneys general are cautioning CEOs of the 100 biggest U.S. companies on the legal consequences for using race as a factor in hiring and employment practices, demonstrating how the Supreme...
Jul 18 2023 // AXA XL Insurance Names CNA’s Smith as Head of US Mid-Market BusinessAXA XL Insurance appoints Adele Smith as head of Mid-Market Generalist in the next phase of its targeted U.S. Mid-Market insurance business launch....
Jul 14 2023 // The Clear Group, the London-based independent broker, announced the acquisition of One Commercial Specialty Ltd., a speciality lines managing general agent. This represents the Clear Group’s second MGA deal and is a...
Jul 13 2023 // Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management AdvisorPowers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as...
Jul 13 2023 // Arthur J. Gallagher & Co. acquired Carlsbad, California-based Benchmark Commercial Insurance Services. Robert Cohen and his team will remain in their current location under the direction of Scott Firestone, head of...
Jul 12 2023 // The Texas Windstorm Insurance Association Actuarial & Underwriting Committee met Tuesday, July 11 and voted to recommend increasing rates for residential policies by 5% and commercial policies by 8% for 2024.The TWIA...
Jul 12 2023 // This edition of International People Moves details appointments at Aon and Zurich Insurance.A summary of these new hires follows here. Aon Names UK Leaders for Reinsurance SolutionsInsurance broker Aon plc outlined the new...
Jul 11 2023 // Since workers’ compensation shields an employer from liability, an insurer may not be able to rely on an employer liability exclusion in a commercial general liability policy to avoid claims. That’s the...