All the headlines from our Commercial Lines Topic Page, ordered by recency.
Oct 4 2018 // Airline passengers can no longer be removed from flights under legislation that passed the Senate on Wednesday, while the government will write new rules to allow commercial drones to deliver packages and get new authority...
Oct 1 2018 // The price of workers’ compensation insurance in Washington could drop significantly in 2019.The Washington Department of Labor & Industries in late September proposed a 5 percent decrease in the average premium...
Oct 1 2018 // The Texas Automobile Insurance Plan Association filed rate increases of 4.9 percent for private passenger auto insurance and 3.9 percent for commercial auto coverage. The proposed rate increases for new and renewal...
Oct 1 2018 // Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have...
Sep 28 2018 // Munich Reinsurance America, Inc. (Munich Re) has launched a cyber reinsurance product for regional property/casualty insurance carriers seeking to provide this coverage and associated services to their small and...
Sep 28 2018 // Westfield Center, Ohio-based property/casualty insurer, Westfield, has named Robyn Hahn as president of its Small Business unit.Hahn more than 25 years of diverse experience in the insurance industry and has held senior...
Sep 28 2018 // Only a tiny fraction of small businesses in Puerto Rico was fully insured for losses arising from last year’s Hurricane Maria, which hit revenue or raised costs for more than three-quarters of them, according to a...
Sep 26 2018 // PORTLAND, Ore. — Jimmy Sullivan prepared for his job as a bricklayer the same way every morning for years: injecting a shot of heroin before leaving his car.The first time he overdosed on the job, in 2013 at a Virginia...
Sep 25 2018 // Paladin Cyber, a cyber protection and remediation firm, has developed a cyber insurance product tailored for small and mid-sized businesses. Along with its existing software products and services, the new product will...
Sep 25 2018 // The Treasury Department announced that as part of the 2017 Tax Cuts and Jobs Act, eligible employers who provide paid family and medical leave to their employees during tax years 2018 and 2019 may qualify for a new...
Sep 25 2018 // National Basketball Association (NBA) Commissioner Adam Silver wants all teams to hire more women, especially in leadership and supervisory positions, and is urging them to take some of the mandates that the Dallas...
Sep 20 2018 // The price of workers’ compensation insurance in Washington could drop significantly in 2019.The Washington Department of Labor & Industries this week proposed a 5 percent decrease in the average premium employers...
Sep 19 2018 // Toledo, Ohio-based privately held independent insurance brokerage, Hylant, has launched Haven Re, a primary casualty, heterogeneous group captive designed to provide well-performing middle-market businesses an attractive...
Sep 17 2018 // Some larger commercial insurance brokers appear to be uncertain about how the Exempt Commercial Purchaser (ECP) feature of the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), part of the Dodd Frank Act, effective...
Sep 17 2018 // More than one-third (35 percent) of employees in the U.S. feel they’ve experienced workplace harassment, and half of them believe it was due to their gender.That’s according to a study released by specialty...
Sep 17 2018 // The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors...
Sep 17 2018 // Matching grants of up to $5,000 to improve workplace safety and health are being made available to Michigan companies that have up to 250 employees.Administered by the Michigan’s Occupational Safety and Health...
Sep 13 2018 // Small business-focused digital insurance carrier Next Insurance has launched a commercial auto insurance policy available entirely online with no extra fees.Small businesses can now purchase a commercial car insurance...
Sep 10 2018 // The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors...
Sep 7 2018 // Business Risk Partners (BRP), a Windsor, Conn.-based specialty insurance program administrator, has appointed Brad Lacey as a principal underwriter focused on management and professional liability products.Simultaneously,...