All the headlines from our Commercial Lines Topic Page, ordered by recency.
Sep 26 2022 // Nationwide Agency Forward survey showed 40% of small business owners surveyed expect a cyberattack to cost less than $1,000 and another 60% think it would take less than three months to fully recover.However, Nationwide...
Sep 23 2022 // The Oregon State Hospital is facing a $54,000 fine for failing to investigate workplace injuries.The citation, brought by the state’s Occupational Safety and Health Administration, alleges that from January 2021 to...
Sep 22 2022 // Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers’ underwriters more efficiently evaluate risks for large and middle market...
Sep 20 2022 // SURE, the member-owned insurance company for reliable coastal property protection, today announced its expansion into commercial insurance in Louisiana. Small and mid-sized Louisiana business owners can now bundle general...
Sep 19 2022 // This edition of International People Moves details appointments at Gallagher Re, Aon and Howden M&A.A summary of these new hires follows here. Gallagher Re Names Aon’s Bowen as Chief Science OfficerGallagher Re,...
Sep 19 2022 // A Roselle, Illinois contractor with a long history of federal workplace safety violations who currently owes more than $390,000 in penalties, added an additional $303,105 in proposed fines for once again exposing workers...
Sep 16 2022 // New Jersey has issued guidance for workplaces to support employers’ right to create and maintain safe work environments, as well as affirm employees’ right to due process.According to the guidance and...
Sep 15 2022 // With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct premium growth, Moody’s Investors Service announced a stable outlook for...
Sep 14 2022 // Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C...
Sep 13 2022 // JMB Insurance Agency Announces Goldstein’s Promotion to PresidentJMB Insurance Agency, Inc., headquartered in Chicago, Illinois, has named Kimberly Goldstein as the firm’s inaugural president for strategic...
Sep 12 2022 // ATLANTA, Georgia, September 12, 2022 — Breckenridge Insurance welcomes Sam Frihart as a commercial property underwriter to its specialty property program team. Frihart has four years of underwriting experience on the...
Sep 12 2022 // U.S. commercial insurance prices increased again during the second quarter 2022, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS).The aggregate commercial price change reported by carriers...
Sep 9 2022 // A 48-year-old worker entered a tanker-trailer in Lemont, Illinois to inspect it as part of an annual U.S. Department of Transportation requirement and was overcome from exposure to bleach and chlorine gas. The worker was...
Sep 8 2022 // AIG’s Lexington Insurance Company today announced the launch of the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to...
Sep 8 2022 // Zurich North America names new U.S. Middle Market industry practice leadersZurich North America has named two new industry practice leaders to its U.S. Middle Market team. Erin Terpack was appointed head of technology and...
Sep 7 2022 // A U.S. labor board on Tuesday moved to make it easier for workers and unions to hold companies liable for labor law violations by their franchisees and contractors, proposing to revive an Obama-era standard heavily...
Sep 5 2022 // The second quarter 2022 marked a full five years of premium increases for across all lines of commercial insurance business, according to the latest report from the Council of Insurance Agents and Brokers (CIAB).The...
Sep 2 2022 // Newswise — A new paper in The Quarterly Journal of Economics, published by Oxford University Press, indicates that many American businesses are willing to hire workers with criminal records. Such companies become even...
Aug 31 2022 // Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding round to further expand its investment in the performance-priced fleet insurance...
Aug 29 2022 // A Roselle, Illinois contractor with a long history of federal workplace safety violations who currently owes more than $390,000 in penalties, added an additional $303,105 in proposed fines for once again exposing workers...