All the headlines from our Commercial Lines Topic Page, ordered by recency.
Jun 14 2023 // Federal wage and hour investigators say a northern California restaurant attempted to use an alleged priest to get employees to admit workplace “sins.”During litigation by the U.S. Department of Labor in...
Jun 13 2023 // Add Nationwide to a growing list of insurers making changes to deal with losses in some areas of the country.In a June 12 “business actions update” Nationwide announced moves “to mitigate risk and manage...
Jun 13 2023 // This year will mark the fourth year of a hardening market for commercial lines underwriting cycle, according to the latest US Commercial Lines Market Update released by Fitch Ratings.The Council of Insurance Agents &...
Jun 12 2023 // This edition of International People Moves details appointments at Everest Insurance and Sompo International.A summary of these new hires follows here. Everest Insurance Names Industry Veteran Laval as Chief Commercial...
Jun 5 2023 // A veteran of the flood insurance business in Florida has launched a new division of Flood Risk Solutions, tailored to commercial clients. Chad LaTour, who has worked with National General Holdings, an Allstate company, and...
Jun 5 2023 // Commercial property premiums increased more in the first quarter of 2023 than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%,...
Jun 2 2023 // Everest Insurance Appoints Maritzen Global Chief Underwriting OfficerEverest Insurance, the insurance division of Everest Re Group, Ltd., has named Mark Maritzen as global chief underwriting officer. Maritzen is based in...
May 31 2023 // Colorado’s largest workers’ compensation carrier, Pinnacol Assurance, issued a general dividend of $15 million to 58,000 employers in the state.This marks the organization’s eighth straight year of...
May 30 2023 // The Hartford announced new leadership appointments in sales and distribution across multiple lines of business in support of the company’s growth and innovation plans. Hayes Henderson has been promoted to head of...
May 26 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...
May 25 2023 // This edition of International People Moves details appointments at Cowbell Cyber and Allianz Commercial.A summary of these new hires follows here. Cowbell Names CNA’s Bilbao as UK Director of UnderwritingCowbell, the...
May 22 2023 // Weathering a hard insurance market isn’t for the faint of heart. As premiums increase and personal line capacity decreases, independent agents must seek creative solutions to expand their books of business.Getting...
May 19 2023 // Gordon Rees Scully Mansukhani hired Rachel T. Velilla as a partner in the firm’s Los Angeles, Orange County and San Diego, California offices. She joins the firm’s insurance, trucking and transportation and...
May 18 2023 // Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%, according...
May 18 2023 // The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal lines came in at 109.9.It was the largest difference in about 15 years, according...
May 17 2023 // A survey from the Texas Department of Insurance, Division of Workers’ Compensation’s Research and Evaluation Group found that employer subscription in workers’ comp increased to 75% in 2022, up from 72%...
May 9 2023 // ICW Group Insurance Companies, a group of property and casualty carriers, announced the launch of its new commercial package insurance offering in Illinois with plans to expand throughout the U.S. The introduction of...
May 9 2023 // A Maryland widow is entitled to her late husband’s workers’ compensation death benefits because she was dependent upon her husband at the time of his disablement, a Maryland appeals court has ruled.The appeals...
May 8 2023 // In a “deliberate and modest fashion,” the composite rate for commercial property/casualty lines increased 5% during the first quarter 2023, according to MarketScout.The Dallas-based distribution and...
May 8 2023 // Workplace health and safety are top of mind for employers, especially after a recent incident at a Mars factory, where workers fell into a vat of chocolate. To prevent such accidents, it’s important for businesses to...