All the headlines from our Commercial Lines Topic Page, ordered by recency.
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Feb 5 2025 // Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 – marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global...
Feb 5 2025 // Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a...
Jan 31 2025 // ORLANDO, Fla. (AP) — The parents of a local TV journalist who was fatally shot while reporting on a killing in central Florida in 2023 have filed a negligence lawsuit against their son’s former employer, claiming...
Jan 30 2025 // The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke.Raquel “Rockey” Smeir startedMy Friends Café in Sierra...
Jan 30 2025 // This post is part of a series sponsored by Darkhorse Insurance.Securing the longevity and prosperity of your business involves more than just daily operations; it requires a robust safety net in the form of commercial...
Jan 27 2025 // Generali Group has launched a new business unit – Global Corporate & Commercial (GC&C) India – within its joint-venture company Future Generali India Insurance.The moves further strengthens Generali’s...
Jan 27 2025 // The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025...
Jan 22 2025 // Allianz Commercial Makes North American Leadership Promotions in Financial Lines and PropertyAllianz Commercial, headquartered in New York City, made two promotions to its North American leadership in financial lines and...
Jan 21 2025 // Rainbow, a digitally enabled managing general underwriter based in San Francisco, California, announced raising $8 million in Series A funding led by Zigg Capital. The MGU says the financing, which closed in the fourth...
Jan 15 2025 // Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025.Cyber incidents, such as ransomware attacks, data breaches and IT...
Jan 10 2025 // AM Best has upgraded the Financial Strength Rating (FSR) of Reno, Nevada-based Employers Holdings Inc.’s subsidiaries to A (Excellent) from A- (Excellent) and their Long-Term Issuer Credit Ratings (Long-Term ICR) to...
Jan 10 2025 // The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an insured employer against an injured employee’s personal injury lawsuit alleging negligence and intentional harm.The high court...
Jan 9 2025 // The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025...
Jan 9 2025 // California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings at work.The state’s Chamber of Commerce and California Restaurant Association filed the...
Jan 7 2025 // Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to personal lines price hikes in the U.S. and UK as a reason for the...
Jan 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased about 5.8% in 2024 — the highest yearly jump in a dozen years.For the last quarter of 2024, the composite rate went up...
Jan 6 2025 // Pregnant New Yorkers will be entitled to at least 20 hours of paid leave to attend prenatal medical appointments under a law that took effect Wednesday.Gov. Kathy Hochul said the policy makes New York the first state in...
Jan 3 2025 // Last year, there were 5,283 fatal work injuries recorded in the United States, a 3.7% decrease from 5,486 in 2022, the U.S. Bureau of Labor Statistics reported.The fatal work injury rate was 3.5 fatalities per 100,000...
Jan 2 2025 // A Pennsylvania battery firm has been found responsible for paying $22.25 million in backpay to workers to cover the actual time they spent changing and showering for their jobs working with hazardous materials.Their...