All the headlines from our Commercial Lines Topic Page, ordered by recency.
Jan 26 2024 // Property insurers in Georgia would be required to provide premium discounts for not only residential, but also for commercial structures that are built or retrofitted to resist wind damage, if a bill approved by a Senate...
Jan 24 2024 // Ivans Index found the average premium renewal rate increased year-over year for all major commercial lines except workers’ compensation, but every line of business averaged rate increases at renewal during the last...
Jan 23 2024 // The Hartford will begin offering the Vermont Family and Medical Leave Insurance (FMLI) program for employers on February 15. Employers with two or more employees will have the opportunity to work withe the insurer’s...
Jan 22 2024 // Work-related stress and worker burnout is a critical topic in today’s talent market as nearly every insurance organization across the nation competes to fill open positions.But stress at work has reached epidemic...
Jan 17 2024 // Guy Carpenter appointed Keith Wolfe to the newly created role of chief commercial officer, North America, effective immediately.Wolfe joins Guy Carpenter after 27 years with Swiss Re and its predecessor companies, where he...
Jan 17 2024 // Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer.Business interruption ranked second, while...
Jan 16 2024 // A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not at the same pace as seen in 2023.”“Our forecast calls for 5% to 15% rate...
Jan 12 2024 // A former senior Goldman Sachs manager is seeking around 1.0 million pounds ($1.27 million) from the Wall Street bank in London over allegations that bullying and a dysfunctional workplace destroyed his physical and...
Jan 11 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Ardonagh Specialty, and Lockton Re.A summary of these new hires and promotions follows here. BHSI Taps...
Jan 10 2024 // According to the MarketScout Market Barometer, U.S. commercial property/casualty insurance rates rose 5.6% in the fourth quarter of 2023, resulting in a total composite rate increase of 4.56% for the whole of...
Jan 10 2024 // A new survey finds ratings data, changes in the workplace and workforce, medical inflation and economic uncertainty are top of mind concerns for workers’ compensation insurance executives.The National Council on...
Jan 5 2024 // Gallagher Taps AIG’s Loesti as Chief Commercial Officer, European BrokingNepomuk (Nepo) Loesti has joined Gallagher as chief commercial officer of its European broking operations. The newly created role will support...
Dec 28 2023 // Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health...
Dec 22 2023 // A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were...
Dec 20 2023 // Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment.The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing is...
Dec 18 2023 // Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California’s civil rights agency on behalf of women employed by the video game maker.The settlement, which is subject...
Dec 18 2023 // With prospects for a smoking ban in Atlantic City`s casinos looking hazier than ever, workers who want smoking banned took matters into their own hands, lips and lungs Thursday.Members of the United Auto Workers union...
Dec 14 2023 // A federal program that protects the health and wellbeing of commercial fishermen should be expanded to include substance use disorder and worker fatigue, a group of lawmakers from New England and Alaska said.The lawmakers...
Dec 13 2023 // The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships they deem connected to Israel with fears of a spillover that could disrupt global supplies sailing through the...
Dec 11 2023 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s Europe.A summary of these new hires follows here. Papanikolaou to Succeed Mueller as...