All the headlines from our Commercial Lines Topic Page, ordered by recency.
Oct 8 2020 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has added Robert Johnson as principal.Johnson’s primary focus will be new client...
Oct 6 2020 // Insurance technology firm Bold Penguin has acquired RiskGenius in a deal that the two commercial lines insurtechs said will help grow their reach more than they have been able to thus far on their own, Carrier Management...
Oct 5 2020 // We all know about the Pareto Principle, the 80/20 rule. It also applies when analyzing the profitability and the work required for an agency’s book of business. Roughly 20% of the accounts generate 80% of the...
Oct 1 2020 // Berkshire Hathaway GUARD Insurance Companies has added Illinois to the list of states where the insurer offers its Commercial Package Policy.The product includes commercial property featuring limits up to $120 million per...
Sep 29 2020 // Insurer Chubb has named Jeffrey Updyke as vice president, Chubb Group, and division president, Chubb Small Business.In this capacity, Updyke will have executive responsibility for Chubb’s retail insurance business...
Sep 29 2020 // A man charged with wounding his boss and another employee in a shooting at a Connecticut trucking company told police his handgun fired by accident and he only intended to scare his manager, according to an arrest warrant...
Sep 28 2020 // A truck driver accused of shooting his boss and wounding another person outside a Connecticut industrial building was charged Wednesday with assault and other crimes after being brought back from Massachusetts, where...
Sep 28 2020 // Crest Insurance LLC of Denver, Colo., has promoted Jason VanGotten to assistant commercial lines manager. His prior experience includes ownership of a home inspection company, and a producer for Colorado Restaurant...
Sep 25 2020 // A divided Michigan House voted on Sept. 23 to shield health providers and businesses from coronavirus-related lawsuits filed by patients, employees or customers, advancing bills that majority Republicans said would give...
Sep 25 2020 // Lloyd’s of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to be...
Sep 24 2020 // A shooter opened fire and wounded two people outside a Connecticut business Tuesday and was taken into custody at gunpoint on a highway in Massachusetts, police said. Both victims were treated at a hospital and...
Sep 24 2020 // Crest Insurance Group LLC of Scottsdale, Ariz. has promoted Lisa Hankal to commercial lines manager.Hankal will be overseeing employees within the commercial lines department from all seven branches including Tucson,...
Sep 23 2020 // The Texas Automobile Insurance Plan Association (TAIPA) has filed a request with the Texas Department of Insurance to charge new insurance rates for commercial automobiles. The filed rates represent a 4.8% increase in...
Sep 21 2020 // Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were up 190% over the same period in 2019. Then the pandemic hit, and the close quarters of meatpacking...
Sep 21 2020 // U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019.Excess/umbrella and directors’ and officers’...
Sep 17 2020 // Liberty Mutual announced that Marc Orloff has been named president, North American Field Operations, Global Risk Solutions (GRS) North America.Orloff replaces Shaun Kelly, who the company said has decided to leave the...
Sep 14 2020 // Oregon workplace and public health officials are urging employers to stop or delay outdoor work activity where they can and take other reasonable steps to protect workers when air quality reaches the...
Sep 14 2020 // Insurers battered by coronavirus are about to find out how much worse the damage could get.A London court is set to rule Tuesday in a case involving about 370,000 policyholders, companies including Zurich Insurance Group...
Sep 14 2020 // COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage.Yet, commercial lines insurance...
Sep 11 2020 // Does an employer have to say if a coworker has the virus?Employers are generally not required to tell workers when someone in the workplace has tested positive for the coronavirus. The U.S. Centers for Disease Control and...