All the headlines from our Commercial Lines Topic Page, ordered by recency.
Feb 22 2022 // Fundamental Underwriters, a specialty managing general underwriter, announced today that it would expand its mid-market commercial trucking insurance product offerings into three additional states – Louisiana, Michigan...
Feb 22 2022 // An intense fire burned a downtown Los Angeles commercial building early Friday.More than 100 firefighters were brought in to battle the fire, which was declared a major emergency, the Fire Department said. Firefighters...
Feb 16 2022 // AXA Insurance UK announced the acquisition of the renewal rights to Ageas UK’s commercial business for an initial consideration of £47.5 million (US$64.3 million).The deal will see Ageas’ Commercial lines...
Feb 11 2022 // McGriff Adds Mike Feighl as Commercial Marketing Account ExecutiveMcGriff has hired Mike Feighl as a senior vice president and marketing executive in its Houston-based Commercial Division. Feighl comes to McGriff from...
Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...
Feb 8 2022 // For all the potential peril of a workplace romance, the most common source of trouble, experts say, is allowing it to remain a secret.A case in point was last week’s abrupt ouster of longtime CNN chief executive Jeff...
Feb 7 2022 // Hub International Ltd. acquired the assets of AVI Commercial Insurance Marketing Inc.in San Clemente, California. Doug Krumpols, president, and the AVI team will join Hub’s Los Angeles and Orange County...
Feb 7 2022 // Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial auto liability coverage rates are starting to...
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...