All the headlines from our Commercial Lines Topic Page, ordered by recency.
Jun 19 2024 // The owner of a New York roofing company has been sentenced for attempting to cover up an employee’s on-the-job death.Law enforcement investigators determined that Jeremiah Wiedemann, owner of Wiedemann Sons Roofing,...
Jun 17 2024 // The New Jersey Supreme Court has ruled that all commercial landowners — including owners of vacant commercial lots — have a duty to maintain the public sidewalks abutting their property in reasonably good...
Jun 17 2024 // After holding relatively steady for nearly a decade, the number of business liability policy claims cases jumped 28% in 2023, according to a litigation report from Lex Machina.The report found that 3,596 business liability...
Jun 17 2024 // Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political...
Jun 17 2024 // In today’s competitive job market, companies are increasingly recognizing the importance of prioritizing employee happiness. It’s no secret that happy employees are more productive, engaged, and likely to stay...
Jun 11 2024 // Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter.Quarterly price increases have been about 6% since the global pandemic, WTW reported in its Commercial Lines...
Jun 11 2024 // Seventy-six days after it was blocked by the collapse of the Key Bridge, the major shipping channel through the Port of Baltimore has been cleared of debris and restored to allow commercial maritime transit.The U.S. Army...
Jun 11 2024 // CSAA Insurance Group named Jeff Huebner executive vice president of commercial insurance.Huebner is responsible for the distribution of commercial insurance under the Mobilitas brand. Huebner has been with CSAA Insurance...
Jun 11 2024 // ALKEME acquired InsurePro in Draper, Utah. Ladera Ranch, California-ALKEME is an insurance agency providing businesses and individuals with commercial and personal insurance, employee and executive benefits, retirement and...
Jun 7 2024 // Emerald Bay Risk Solutions and Arrowhead General Insurance Agency Inc. have launched a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. Arrowhead EQ...
Jun 6 2024 // Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI Insurance Services reported in its latest Commercial Property...
Jun 5 2024 // Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom.The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess...
Jun 4 2024 // Last week the U.S. Equal Employment Opportunity Commission (EEOC) took what is being called an unprecedented step by filing lawsuits against 15 employers for allegedly failing to comply with mandatory reporting...
Jun 3 2024 // Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024, according to The Council of Insurance Agents and Brokers’ Q1 Market Survey.With the...
May 30 2024 // Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political...
May 21 2024 // Allianz Commercial and Rokstone, the Aventum Group’s international re/insurance MGA, announced a collaboration for a US$10 million facility to write marine cargo business worldwide with immediate effect.This broadens...
May 20 2024 // Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024.According to The Council of Insurance Agents and Brokers’ Q1 Market Survey, the 7.7%...
May 20 2024 // A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities marked as being among the most unsafe...
May 20 2024 // Question: Are standard, admitted, insurance carriers relevant commercial markets?Arthur J. Gallagher stated in their 2020 10K that 50% of the total U.S. commercial property/casualty market is written through alternative...
May 14 2024 // Farmers Insurance said it will resume accepting new business commercial multi-peril applications for auto service & repair, habitational, manufacturing, real estate and wholesale distribution policies in California.The...