All the headlines from our Commercial Lines Topic Page, ordered by recency.
May 20 2022 // Maryland’s auto insurance market for drivers that private insurers won’t cover has received approval to offer combined single limits coverage up to $1 million for eligible businesses and vehicles.Maryland Auto...
May 19 2022 // The Cal/OSHA Process Safety Management Unit cited Valero Refinery of Benicia and three contractors a combined $1.75 million for serious safety violations following a confined space death of a 35-year-old worker who...
May 19 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...
May 16 2022 // This edition of International People Moves details appointments at QBE Insurance, MS Amlin, and Generali.A summary of these new hires follows here. QBE Hires RSA’s Germain as Group Chief Information OfficerQBE...
May 16 2022 // A new study by Travelers of workers’ compensation claims found that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience.“Our data underscores the...
May 13 2022 // Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. Unfortunately, these adjustments...
May 13 2022 // Zurich Insurance Group has made a strong start to the year and expects to exceed all its financial targets for 2022, despite ongoing inflationary pressures. The company has minimal exposure to the war in Ukraine.Premium...
May 12 2022 // This post is part of a series sponsored by Old Republic Surety.Cross-selling surety and commercial insurance makes marketing sense: Boosting your exit barriers increases your value. An insurance agent who can accommodate...
May 12 2022 // As temperatures rise in Arkansas, Louisiana, Oklahoma and Texas, the U.S. Department of Labor’s Occupational Safety and Health Administration reminds employers and workers not to ignore the dangers of working in hot...
May 4 2022 // Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for effective dates beginning June 1.The company is adding property, general liability, and...
May 3 2022 // A new study by Travelers of workers compensation claims found that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience.“Our data underscores the importance of...
May 3 2022 // The California FAIR Plan is now offering increased coverage limits for commercial and business properties.The higher limits are being made available in response to customer requests for FAIR Plan coverage of higher value...
May 2 2022 // The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility in how we organize our working lives.In the two years since...
Apr 22 2022 // California workplace regulators are poised to extend mandatory pay for workers affected by the coronavirus through the end of 2022, more than two months after state lawmakers restored similar benefits through September.The...
Apr 22 2022 // Estée Lauder’s Burrell Joins GEICO as Chief Marketing OfficerInsurer GEICO announced Damon Burrell has joined the company as chief marketing officer. Burrell will oversee all of GEICO’s marketing efforts....
Apr 21 2022 // According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the economy and inflation.Only 29% of respondents said they felt optimistic about an economic recovery in...
Apr 20 2022 // The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission.The 19-page letter — including testimony, emails and other...
Apr 8 2022 // Rate hikes for commercial lines of insurance are slowing to single-digit increases or even flat renewals, according to broker WTW’s Marketplace Realities spring update.The exception, as it has been, is cyber...
Apr 6 2022 // Jimcor Hires BecotteJimcor Agency Inc., a national wholesale broker and managing general agent, has hired Michael Becotte as a commercial lines underwriter for the Southeast, based in Cumming, Georgia. Becotte has more...
Apr 4 2022 // The past few years have been filled with newer exposures when it comes to employment practices liability insurance (EPLI). Along with significant disruptions in workplaces due to COVID-19, employers have been attempting to...