All the headlines from our Commercial Lines Topic Page, ordered by recency.
Sep 18 2019 // Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a...
Sep 17 2019 // Managing general agent (MGA) Fairmatic has introduced a usage-based insurance model that features monthly commercial auto premium adjustments based on an insured’s driving behaviors.Fairmatic’s...
Sep 17 2019 // Berkshire Hathaway GUARD Insurance Companies has expanded its Commercial Package product into New Jersey.This offering includes: Commercial property with limits up to $120 million per location with an enhanced causes of...
Sep 16 2019 // Willis Towers Watson has entered into a strategic partnership with Sompo Global Risk Solutions (GRS) to create an integrated insurance platform to serve the needs of the middle market commercial real estate segment.The...
Sep 16 2019 // SAIF customers in Oregon will receive $160 million in dividends this year.The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million...
Sep 13 2019 // Employers and health plans fear they could be swamped financially by a coming wave of expensive new genetic therapies for rare diseases.Regulators have recently approved two treatments that sell at many multiples of the...
Sep 12 2019 // St.Louis-based POWERS Insurance & Risk Management has hired Rachel Winkelmann as its newest commercial lines account manager.In this position, Winkelmann will be responsible for the ongoing management of commercial...
Sep 12 2019 // In yet another sign of a hardening market, U.S. commercial insurance prices grew at an accelerated rate compared to a year ago, according to Willis Towers Watson’s latest Commercial Lines Insurance Pricing...
Sep 12 2019 // RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines.This move follows another restructuring in...
Sep 12 2019 // The board of Hawai`i Employers’ Mutual Insurance Company Inc. has declared a $3.5 million dividend payable to qualifying policyholders.HEMIC says that with this dividend it will have returned over $38 million dollars...
Sep 5 2019 // Florida-based AssuredPartners Inc. has acquired Houston Business Insurance Agency located in Houston, Texas.The acquired agency’s team of five will remain under the operational leadership of Dominique Renaud....
Sep 5 2019 // SAIF customers in Oregon will receive $160 million in dividends this year.The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million...
Sep 4 2019 // Employers Inc. is now offering workers’ compensation insurance policies in Hawaii. The expansion has Employers providing workers’ comp to small businesses nationally, excluding four monopolistic...
Sep 4 2019 // Bender Insurance Solutions in Sacramento, Calif., has named Rick J. Beno claims specialist in the commercial lines department. Beno has more than 30 years of experience in the management of claims. Bender Insurance...
Sep 4 2019 // The world’s biggest restaurant company, facing complaints from employees and advocacy groups over workplace policies, said it is expanding its training program for restaurant supervisors and crew.McDonald’s USA...
Sep 3 2019 // QBE North America has introduced a complimentary service, QBE Business Resource Edge, as part of its Employment Practices Liability (EPL) insurance that is intended to help employers navigate harassment, discrimination and...
Aug 29 2019 // The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report.In fact, a decade of...
Aug 28 2019 // A Connecticut woman has pleaded guilty to embezzling more than $400,000 from her employer.Federal prosecutors say 56-year-old Vicki Miller, of Colchester, pleaded guilty to wire fraud Friday in U.S. District Court in...
Aug 27 2019 // U.S. property/casualty insurers continue to face substantial underwriting losses on commercial automobile insurance and, following a statutory combined ratio of 108% in 2018, the segment is poised for a ninth consecutive...
Aug 27 2019 // At a four-hour meeting last month, Michelle Abdow’s staffers got to experience some of the sights, sounds and even smells they could encounter if someone invaded their office and began shooting.Security experts and...