Latest Commercial Lines Headlines

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

Maine’s The MEMIC Group Releases Back-to-the-Workplace Safety Guidance

May 8 2020 // As states begin to lift restrictions on employers in various segments of the economy, MEMIC, a Portland, Maine-headquartered workers’ compensation insurance specialty company, has released an employer guide for...

Brand and Waterman Appointed to New Roles in Zurich’s Commercial Insurance Team

May 8 2020 // Zurich Insurance Group announced it has appointed Ralph Brand as global head of Casualty, Financial Lines and Cyber, and Chris Waterman as global head of Property, Marine and Technical Lines.With these newly created roles,...

LP Insurance Services Adds Woodbury to Nevada Commercial Team

May 6 2020 // LP Insurance Services LLC has added Ben Woodbury to the southern Nevada commercial sales team. Woodbury has been a licensed commercial insurance broker for nearly 20 years. He works with clients throughout Nevada to...

Louisiana’s Donelon Asks Commercial Auto Insurers to Offer COVID-19 Relief

May 6 2020 // Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the impact of the Coronavirus pandemic.Insurance Commissioner Jim Donelon...

Neptune Doubles Lloyd’s Capacity to Expand Private, Commercial Flood Product

May 5 2020 // Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd’s.Neptune, a Lloyd’s Coverholder since 2017, is now working with three...

Zurich North America Adds Chubb/ACE Veteran Wells as U.S. Head of Middle Market

May 4 2020 // Zurich North America has appointed Alexander Wells as U.S. head of Middle Market. He will be responsible for the strategic management and development of Zurich’s Middle Market business. Wells, who is new to Zurich,...

Trump Administration Defends Workplace Safety Record During Coronavirus Crisis

May 1 2020 // U.S. Labor Secretary Eugene Scalia on Thursday defended his department’s handling of workplace safety during the coronavirus pandemic, saying “the cop is on the beat” in response to union criticism about...

Employers Hope to Limit Liability by Catching Social Distancing Scofflaws on Video

Apr 28 2020 // Stores and workplaces eager to avoid spreading the novel coronavirus are equipping existing security cameras with artificial intelligence software that can track compliance with health guidelines including social...

LP Insurance Services Adds McGinty to Nevada Commercial Team

Apr 24 2020 // LP Insurance Services LLC has added Lisa McGinty to its southern Nevada commercial team. McGinty has been a commercial insurance broker for more than 35 years. She previously held roles with Liberty Mutual Insurance Co.,...

Everest Insurance Promotes 4 as Regional Leaders on Commercial Casualty Team

Apr 23 2020 // Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle has been...

TWFG Acquires Personal, Commercial Business of Texas’ Panoptic Insurance

Apr 21 2020 // TWFG Insurance Services LLC (TWFG) has acquired the personal and commercial insurance business of The Woodlands, Texas-based Panoptic Insurance.The acquisition is effective April 17, 2020. Panoptic Insurance,founded in...

AXA XL Forms New Leadership Team, Aims to Restructure with Regional Business Units

Apr 21 2020 // AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review.Key proposed changes to the operating model include the creation of a single global...

Layoffs, Small Business Exits Likely Major Coronavirus Effects on Workers’ Comp: NCCI

Apr 20 2020 // A new analysis of the economic effects of the coronavirus finds that while layoffs of workers will have the most immediate effect on workers’ compensation, a rise in business failures could pose a major challenge...

Employers May Exclude Payroll to Employees Not Working for Workers’ Comp: NCCI

Apr 20 2020 // Businesses that have suspended operations due to COVID-19 but continue to pay employees who are at home but not working will not have to include the payroll paid to these employees in the calculation of their...

As Cyber Risks Grow, So Does the Need for Small Business Coverage

Apr 20 2020 // With cyberattacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide...

Who Got Money in Small Business Paycheck Protection Program?

Apr 17 2020 // WASHINGTON/SAN FRANCISCO, April 17 (Reuters) – Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns.Now a picture is...

Washington Commissioner Says Most Business Insurance Policies Exclude Pandemic, Virus Coverage

Apr 17 2020 // Washington Insurance Commissioner Mike Kreidler polled Washington state insurers to get a thorough picture of business interruption insurance and found that only two insurers offer coverage for a pandemic event through...

Louisiana’s Stonetrust Commercial Insurance Promotes Treigle; Adds Chou, Jones

Apr 17 2020 // Baton Rouge, La.-based Stonetrust Commercial Insurance Co. has promoted Michael “Shane” Treigle as executive vice president and chief financial officer, and hired Tracy Chou as executive vice president and...

Texas Urges Insurers to Work with Commercial Customers on Premium Adjustments

Apr 15 2020 // The Texas Department of Insurance has issued a bulletin to insurers to urging them to work with commercial policyholders that have premiums based on payroll, sales, or a similar auditable exposure.TDI requests that...

Virginia Workplace Safety Regulators Field Virus-Related Complaints

Apr 14 2020 // State regulators have received more than 150 complaints about insufficient precautions being taken against coronavirus at Virginia workplaces.The Department of Labor and Industry has contacted the employer in most of the...