All the headlines from our Commercial Lines Topic Page, ordered by recency.
Feb 4 2022 // Net income at the The Hartford for the fourth quarter 2021 ended at $729 million, a 36% increase from income of $537 million the same period a year earlier.For the year, net income was about $2.37 billion compared to $1.74...
Feb 4 2022 // The Louisiana Department of Insurance announced Feb. 3 that it is streamlining the form-filing process for five additional lines of commercial insurance by adding them to the list of lines eligible for certified...
Feb 3 2022 // The United States Court of Appeals for the Eighth Circuit said that an insurer does not have to provide coverage to a St. Louis, Missouri janitorial service company for a workplace discrimination lawsuit, affirming a...
Feb 2 2022 // Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market...
Feb 1 2022 // The California FAIR Plan on Tuesday began offering basic property insurance for farmers unable to obtain coverage from traditional insurance carriers.The new coverage fills a gap in California’s insurance marketplace...
Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million.Sayata CEO...
Jan 27 2022 // A municipality in New York may be held liable for wrongful action by an employee even though the employee was granted individual immunity.A police detective found liable by a jury for a false arrest was entitled to...
Jan 27 2022 // Employers in New York must disclose electronic monitoring, such as internet access and videoconferencing, to new hires under a new law taking effect in May, as workers contend with an employment landscape that’s...
Jan 27 2022 // The Biden administration has officially withdrawn a rule that would have required workers at big companies to get vaccinated or face regular COVID testing requirements.The Occupational Safety and Health Administration...
Jan 24 2022 // The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the size and reduce the number of payouts, according to a new report by the...
Jan 24 2022 // As COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or...
Jan 20 2022 // This edition of International People Moves details appointments at Lloyd’s, Chubb and Willis Towers Watson (WTW).A summary of these new hires follows here. Lloyd’s Names Chubb’s Miller as Commercial...
Jan 18 2022 // A year of unprecedented cyber-attacks, business interruption and supply chain disruption, along with natural catastrophe activity has pushed these three perils to the top of the list of global business risks in this...
Jan 14 2022 // The Supreme Court yesterday blocked the Biden Administration from implementing an order requiring businesses with more than 100 employees to require COVID-19 vaccines or testing and masks for their employees.In National...
Jan 14 2022 // The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the size and reduce the number of payouts, according to a new report by the...
Jan 12 2022 // As COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or...
Jan 12 2022 // Willis Towers Watson announced the formation of a new Crisis Management unit with the merger of Special Contingency Risks (SCR) and the Terror and Political Violence teams, which will sit within its Financial Solutions...
Jan 10 2022 // The Louisiana Supreme Court on Jan. 7 unanimously upheld a COVID-19 vaccine mandate for the state’s largest healthcare system.The ruling was handed down the same day that the U.S. Supreme Court heard arguments about...
Jan 10 2022 // A lawsuit has been filed in federal court challenging New York City’s sweeping mandate requiring nearly all private-sector businesses to ban unvaccinated employees from the workplace, asserting that the city’s...
Jan 10 2022 // Movo Investment Group Ltd., the parent company of the Movo Partnership network (Movo), announced it has completed the acquisition of three commercial brokers in the UK.Chiltern Insurance Group, based in Reading; FLS...