All the headlines from our Commercial Lines Topic Page, ordered by recency.
May 22 2018 // Workers’ compensation insurer, Missouri Employers Mutual has awarded the company’s fourth round of safety grants to Missouri businesses this month to help them take the next step toward improving workplace...
May 21 2018 // A divided U.S. Supreme Court ruled that employers can force workers to use individual arbitration instead of class-action lawsuits to press legal claims. The decision potentially limits the rights of tens of millions of...
May 21 2018 // Despite the recent spotlight on workplace sexual harassment issues, few employers have taken action to prevent and/or address sexual harassment concerns in the workplace, according to a survey of employees by the American...
May 21 2018 // New Jersey plastics manufacturer Douglas Stephen Plastics Inc. has been cited for exposing employees to safety and health hazards at its Paterson, N.J., facility. It faces penalties of $435,679.The U.S. Department of...
May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report.Still, Fitch is...
May 18 2018 // Following four-and-a-half years of price decreases, global commercial insurance prices rose, on average, for the second consecutive quarter. This was largely driven by property insurance pricing, which continued to be...
May 17 2018 // Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space.According to Zach Schmiesing, director, Commercial Lines, IoT/Telematics at Verisk Analytics,...
May 15 2018 // The Texas Department of Insurance has issued a special data call to companies writing direct commercial property or businessowners insurance in Texas catastrophe areas during calendar year 2017.The data call is necessary...
May 11 2018 // The NFL’s cheerleader problems are back.The New York Times reported Wednesday that cheerleaders for the Washington franchise were made to pose topless for season ticket holders in Costa Rica in 2013. Earlier this...
May 11 2018 // The U.S. workplace is getting safer but the cost of the most serious workplace injuries is rising, according to the findings of the most recent Liberty Mutual Workplace Safety Index.The number of the most serious workplace...
May 9 2018 // Insurance broker Gallagher reports it has acquired regional commercial insurance broker Risk Services (NW) Ltd., based in Chester. Terms of the transaction were not disclosed. Risk Services was established in 1999 by...
May 7 2018 // A roofing company in West Virginia has been assessed $57,600 in proposed fines for workplace safety violations. The Charleston Gazette-Mail reports the Occupational Safety and Health Administration cited Master Roofers and...
May 7 2018 // Last month, major commercial lines insurance renewal premiums continued their upward trend except for workers’ compensation, which remains in negative territory for the year, according to the latest IVANS Index.Month...
May 7 2018 // Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires in 2017, according to a Federal Reserve survey published in April.The...
May 3 2018 // Texas Mutual Insurance Company, which provides workers’ compensation coverage to more than 70,000 business owners and 1.4 million employees, announced it will distribute $280 million in dividends in 2018.Nearly 75...
May 2 2018 // Global insurance broker Aon announced the appointment of Lambros Lambrou to the new role of global chief commercial officer and CEO of Global Specialties for the firm’s commercial risk business. Lambrou has worked...
May 2 2018 // The Hartford reported a big rise in net income for the 2018 first quarter, crediting improved overall underwriting results, lower catastrophe losses, a boost in net investment income and tax reform.Net income for the...
May 2 2018 // Amazon, Lowe’s and Tesla are among the firms on a list of employers with unsafe workplaces published by a federation of labor, health and safety groups.The National Council for Occupational Safety and Health...
Apr 27 2018 // New Jersey plastics manufacturer Douglas Stephen Plastics Inc. has been cited for exposing employees to safety and health hazards at its Paterson, N.J., facility and faces penalties of $435,679.The U.S. Department of...
Apr 26 2018 // Workers’ compensation insurer, Missouri Employers Mutual Insurance (MEM), says it experienced an all-time high in injury-free policyholders last year.MEM’s 2017 workplace safety data show the company increased...