All the headlines from our Commercial Lines Topic Page, ordered by recency.
Apr 4 2024 // AXA XL’s U.S. Mid-Market insurance business is extending its general liability coverage for mid-sized businesses with its new XL Plus broadening endorsement, offering more than two dozen expanded protections.The XL...
Mar 28 2024 // California’s Department of Industrial Relations is beefing up a statewide effort to recruit inspectors and investigators throughout California to more thoroughly enforce labor and workplace laws. The DIR is hiring...
Mar 27 2024 // The federal Occupational Safety and Health Administration (OSHA) says that a second inspection of Dean Sausage Co. Inc. in Ayyalia, Alabama found similar workplace safety hazards as identified in a 2022 inspection,...
Mar 26 2024 // Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb.A record 77% of companies reported performance improvement in the last six...
Mar 22 2024 // An Oklahoma City employer’s failure to follow federal safety procedures left a 30-year-old worker suffering fatal asphyxiation as they tried to make repairs inside a water tank at a McClain County wellsite in...
Mar 22 2024 // A Connecticut employer has the right to terminate an employee who is impaired by medical marijuana in the workplace.The Connecticut Appellate Court on March 19 upheld the dismissal of a lawsuit brought against a nonprofit...
Mar 20 2024 // This edition of International People Moves details appointments at re/insurer Sompo and the re/insurance broker BMS.A summary of these new hires follows here. Sompo Promotes Allen as CUO of Global Markets Commercial...
Mar 19 2024 // RALEIGH, N.C. (AP) — North Carolina’s elected labor commissioner has declined to adopt rules sought by worker and civil rights groups that would have set safety and masking directives in workplaces for future...
Mar 15 2024 // Moscowitz New COO at RT SpecialtyRT Specialty promoted Marissa Moscowitz to chief operating officer. Moscowitz has over 15 years of information technology, business intelligence and business operations experience and has...
Mar 7 2024 // U.S. commercial insurance prices increased 6.6% in the fourth quarter 2023, with “intriguing shifts” in some coverage areas, according to a survey from broker WTW.According to the latest results from...
Mar 5 2024 // Falvey Insurance Group announced the launch of Commercial Output insurance – coverage designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial, and commercial...
Mar 4 2024 // Overall commercial property/casualty premiums increased slightly for all account sizes to 7% on average in the fourth quarter 2023, continuing a trend that has now last more than 6 years.According to The Council of...
Mar 4 2024 // Yvette Prichard says cyber insurance continues to be an area where small businesses have significant gaps in their insurance portfolios. “It is a big risk; any business that does anything on a computer needs cyber...
Mar 4 2024 // SAIF in Oregon, which reported receiving 400-plus claims after January’s winter weather, said more Oregon workers were injured from slips, trips, and falls due to snow or ice than during any other storm since January...
Mar 4 2024 // There are reasons to be optimistic about the small business insurance market. New businesses are opening their doors every day. Small business start-ups are booming with record-breaking new business applications reported...
Mar 1 2024 // This edition of International People Moves details appointments at the re/insurer AXIS Capital Holdings and insurance broker Miller.A summary of these new hires follows here. AXIS Promotes Ashby to Chief Commercial...
Mar 1 2024 // Marsh McLennan, headquartered in New York, appointed David Liston as U.S. and Canada chief commercial officer (CCO) effective immediately. Liston previously served as Marsh U.S. and Canada corporate segment leader, and...
Feb 29 2024 // Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding.Coverdash’s technology package gives businesses...
Feb 19 2024 // Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter 2023, led by an 11% increase in property rates.The Marsh Global Insurance Market Index said it was the 25th...
Feb 19 2024 // The 2023 net combined ratio for the property/casualty industry is forecast to be 103.9, with commercial lines at 97.7 and personal lines at 109.9, according to the latest underwriting projections by actuaries at the...