All the headlines from our Commercial Lines Topic Page, ordered by recency.
Feb 2 2023 // Swiss Re announced plans to streamline its organizational structure by splitting its current Reinsurance Business Unit into P&C Re and L&H Re, while creating a new business unit called Global Clients and...
Feb 2 2023 // The New Jersey Department of Insurance has given Honeycomb Insurance approval to sell policies statewide.The technology-based managing general agent (MGA) serves the commercial real estate market and will offer insurance...
Jan 27 2023 // As the nation reels from a week of high-profile shootings, a new report on mass attacks calls for communities to intervene early when they see warning signs of violence, encourages businesses to consider workplace violence...
Jan 25 2023 // Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will give customers up to 5% on their Sentry premiums for sharing their electronic logging device...
Jan 25 2023 // Following yet another inspection – this time at a West Lafayette, Ohio, Dollar General location – federal investigators found one of the nation’s largest discount retailers continues to shelve serious safety...
Jan 23 2023 // With last year’s 25% rate hikes for public directors and officers liability insurance dropping to 2.5%, and 150% hikes for cyber cover sinking to 25%, significant softening is forecast for some casualty lines in...
Jan 13 2023 // Liberty Mutual Insurance Appoints Sutton and Archambault to Key Leadership Roles in its North American Commercial Insurance Business UnitLiberty Mutual Insurance has appointed Meg Sutton as chief operating officer for...
Jan 10 2023 // Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the first half of 2023—including a predicted “buyer’s market” for...
Jan 6 2023 // Risk Strategies Names Lamond as Commercial Lines Leader, New England RegionBoston-based Risk Strategies has appointed Doran Lamond as commercial lines leader for the New England region. In this new role, Lamond will be...
Jan 5 2023 // Aon Names Fulciniti as Head of Strategy Execution for Commercial Risk Solutions, EMEAInsurance broker Aon plc has named Agostino (Ago) Fulciniti as head of strategy execution for Commercial Risk Solutions in EMEA,...
Jan 4 2023 // Powers Insurance & Risk Management Appoints Poteet Commercial Account ManagerPowers Insurance & Risk Management, headquartered in St. Louis, Missouri, recently hired Rachel Poteet as Commercial Account Manager. Her...
Jan 4 2023 // Specialist Risk Group (SRG), the London-headquartered broker, announced the acquisition of Fleet and Commercial, subject to regulatory approval. The deal enhances SRG’s existing commercial motor capability and is a...
Jan 4 2023 // Chubb announced the launch of a new Global Climate Business Unit, aiming to bring together Chubb units engaged in traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering services.The...
Dec 29 2022 // With last year’s 25% rate hikes for public directors and officers liability insurance dropping to 2.5%, and 150% hikes for cyber cover sinking to 25%, significant softening is forecast for some casualty lines in...
Dec 20 2022 // The Hilb Group has acquired a book of commercial property/casualty business in the tri-state region.Hilb Group did not identify the seller or size of the book of businesses. The business will be managed by Williston Park,...
Dec 19 2022 // A transgender woman in New Hampshire filed a discrimination complaint Friday against the manufacturing company where she works as a machinist, challenging its exclusion of gender-transition health coverage.The complaint...
Dec 14 2022 // Aston Lark, a Howden company, announced the acquisition of the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, to expand its range of insurance products for the marine...
Dec 13 2022 // Federal safety inspectors have determined that a falling load from a below-the-hook magnet crushed the leg of an employee at a Kewaunee heavy fabrication manufacturing company on June 7, 2022.In response to a...
Dec 13 2022 // With the exception of directors & officers liability and workers compensation, nearly all lines of business in the U.S. continued to see rate increases in the third quarter of 2022, according to WTW’s Commercial...
Dec 8 2022 // As a whole, the outlook for the U.S. commercial lines segment continues to be stable, according to AM Best, but the industry rating agency had some warnings in its latest report.Rate changes at renewal remained strong,...