All the headlines from our Commercial Lines Topic Page, ordered by recency.
May 15 2017 // The Florida Office of Insurance Regulation (OIR) has approved the following company to participate in the July Citizens Property Insurance Corporation (Citizens) take-out period.For the June 20, 2017, Commercial...
May 11 2017 // Bunker, a startup digital insurance broker focused on independent contractors and small businesses, has raised $6 million in Series A funding that will help fuel product development and expansion. Hiscox and American...
May 10 2017 // While U.S. commercial lines insurance had been a relatively bright spot among property/casualty insurers, the sector is facing some clear deterioration due to weakening premiums and poor loss experience. What’s more,...
May 10 2017 // It has been decades since anyone thought of Warren Buffett’s Berkshire Hathaway Inc., or even its insurance operations, as “very, very small.”But that’s how a senior executive describes biBERK, a...
May 9 2017 // An Alabama man has been arrested on charges of stealing more than $180,000 from former employers.AL.com reports the FBI arrested 32-year-old Randall Sho Woods on May 3. The Department of Justice says in a release that a...
May 5 2017 // The Florida Office of Insurance Regulation (OIR) has approved the following company to participate in the July Citizens Property Insurance Corporation (Citizens) take-out period.For the June 20, 2017 Commercial Residential...
May 4 2017 // American workers are more likely to say they are feeling stressed and less productive because of political discussions at work now than before the 2016 presidential election, according to survey results released by the...
May 3 2017 // Most standard commercial lines products saw an uptick in premiums at renewal in April, with workers’ compensation being the main exception, according to the IVANS Index.Business owners and commercial property...
May 3 2017 // Motorists Insurance Group, based in Columbus, Ohio, has launched a new commercial lines company – Motorists Insurance – in Michigan and Tennessee.The company features state-of-the-art technology to make the process...
May 2 2017 // Motorists Insurance Group, based in Columbus, Ohio, has launched a new commercial lines company – Motorists Insurance – in Michigan and Tennessee.The company features state-of-the-art technology to make the process...
May 2 2017 // Total insurtech funding in the first quarter of 2017 was down, but the drop-off could be a result of the significant investments in 2016 now reaching the product launch phase, according to a report by Willis Towers Watson...
May 1 2017 // A state agency says 43 people were killed on the job in Michigan last year, and that’s the state’s highest number of workplace fatalities in a decade.The Michigan Occupational Safety and Health Administration...
May 1 2017 // LP Insurance Services Inc. has named David Deacon to its Arizona commercial insurance sales team. Deacon is responsible for developing new business relationships as well as retaining and servicing existing clients. Deacon...
May 1 2017 // The commercial auto market has a long road ahead to reach profitability after five consecutive years of underwriting losses from 2011-2015. While many insurers upped rates in 2016, the year appears to be coming in with...
Apr 26 2017 // Arthur J. Gallagher & Co. has acquired Tulsa, Oklahoma-based Commercial Insurance Brokers LLC. Terms of the transaction were not disclosed.Formed in 2012, Commercial Insurance Brokers is a group of insurance producers...
Apr 26 2017 // Fluid capital and ample capacity has kept the commercial insurance sector stable overall and also a buyers’ market. That reality holds despite potential regulatory and monetary policies pending in Washington, D.C....
Apr 19 2017 // Specialty underwriter and program administrator Business Risk Partners (BRP), headquartered in Windsor, Conn., has added two new members to its Professional Liability (E&O) and Operations team.Jennifer Stein was named...
Apr 18 2017 // Gamers beware: hackers offering free virtual trinkets don’t care about your passwords or personal data, but your employer’s most closely guarded secrets.An employee at a Japanese high-tech company learned this...
Apr 18 2017 // All Risks, Ltd. has introduced a new Specialty Property Earthquake Program with an exclusive A.M. Best “A” rated carrier.The Specialty Property Earthquake Program provides difference in conditions insurance,...
Apr 17 2017 // Each year, close to 2 million workers are victims of workplace violence in the United States, according to the Occupational Safety and Health Administration (OSHA). The federal agency defines workplace violence as any act...