Latest Commercial Lines Headlines

All the headlines from our Commercial Lines Topic Page, ordered by recency.

‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes

Aug 24 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected.According...

Texas Takes 1.6K Commercial Vehicles Off the Road After International Roadcheck

Aug 19 2021 // Texas public safety officials said on Aug. 18 that an inspection of 6,288 commercial motor vehicles in the state resulted in more than 1,000 citations, over 18,500 warnings and more than 1,600 vehicles taken out of service...

Agencies Ride Commercial Prices, Reopened Economy to Record Organic Growth

Aug 17 2021 // Buoyed by the hard market and rebounding economy, Independent insurance agents and brokers grew overall by 7.1% in the second quarter, surpassing the 6.9% organic growth reported eight years ago in the second quarter of...

OSHA Urges Employers to Require Vaccinated Workers to Wear Masks

Aug 16 2021 // The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, amid a surge in COVID-19...

Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return

Aug 16 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...

Employers Get Religion With Vaccine Mandates

Aug 12 2021 // As coronavirus infections rise again, U.S. companies mandating vaccinations are confronting an uncomfortable question rarely asked by an employer – what is an employee’s religious belief?Google’s parent...

Biden Administration Examining How Far Employers Can Go in Mandating Vaccines

Aug 9 2021 // The Biden administration is examining what authority businesses have to mandate vaccines, a top U.S. official told Reuters on Friday, as it considers what more steps can be done to halt the spread of COVID-19.“We are...

Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return

Aug 6 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...

New Hampshire State Police Discover 100-Plus Commercial Vehicle Violations

Aug 3 2021 // The New Hampshire State Police discovered 189 commercial vehicle violations following a day-long focus on safety. Police said 42 of the violations discovered were so severe that they created a condition where the vehicle...

Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform

Aug 3 2021 // Colorado-based reThought Insurance, a managing general agency focused on the flood insurance market, has secured $15.5 million in investment to accelerate its growth.The company currently writes flood coverage for complex...

Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses

Aug 2 2021 // DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua Browder.The firm raised $10...

Pressure on Workers to Get Vaccine Grows as Patience Runs Thin for U.S. Employers

Jul 28 2021 // As a resurgence in Covid-19 cases prompts more U.S. employers to require vaccinations, workers who object face a common response: Get a shot or get another job.In the past six weeks alone, a federal judge in Texas...

World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report

Jul 28 2021 // There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday.The shipping industry is...

Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh

Jul 28 2021 // Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far from their peak at the end of 2020, according to a new Marsh report.The Q2 numbers reflect the...

Hippo Enters Commercial Insurance Market With Homeowners Association Product

Jul 23 2021 // Home insurtech Hippo is jumping into the commercial insurance market.The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first...

Medical & Commercial International Gets ‘In-Principle’ Nod to Form Lloyd’s Syndicate

Jul 21 2021 // edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan....

Business Insurance Customers’ 3 Top Asks and 5 Top Buying Reasons

Jul 15 2021 // Almost half (48%) of business insurance buyers say their trust in insurance has increased since the start of the pandemic, but only 54% believe that insurance is meeting their businesses’ challenges very well.A new...

Allianz Restructures UK Operations into Distinct Commercial and Personal Businesses

Jul 15 2021 // Allianz Holdings, the UK subsidiary of Allianz SE, has restructured its operations, to create distinct Personal and Commercial businesses, supported by a number of integrated service functions.These changes represent the...

Former Maryland Office Administrator Faces Federal Charges for Defrauding Employer

Jul 13 2021 // A former office administrator in Maryland is facing federal charges for defrauding her employer of more than $700,000 for fraudulently obtaining social security disability payments and for tax evasion.A federal grand jury...

Louisiana Reminds Insurers of Obligations in Commercial Policy Renewals

Jul 12 2021 // Louisiana insurance regulators have issued a new advisory letter reminding authorized property/casualty insurers writing in the state about the information they must provide in writing when they issue a renewal notice to...