All the headlines from our Commercial Lines Topic Page, ordered by recency.
Dec 13 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall.The latest Willis Towers...
Dec 12 2016 // DUAL Commercial has named Melanie Nesterenko and Brian Lynch to their environmental team.Nesterenko and Lynch, both senior underwriters, will be based in San Francisco, Calif. Nesterenko has more than 25 years of...
Dec 5 2016 // The profitability of an insurance company and the quality of advice given by an insurance broker makes the most difference when it comes to customer satisfaction for commercial insurance, a new industry study...
Dec 5 2016 // Hackers stole more than 2 billion roubles ($31 million) from correspondent accounts at the Russian central bank and from accounts in commercial banks, the bank said on Friday [Dec. 2], the latest example of an escalation...
Nov 30 2016 // DUAL Commercial, a subsidiary of the Hyperion Insurance Group Limited, has partnered with Aspen American Insurance Co., part of Aspen Insurance Holdings Limited, enabling DUAL to provide a broader management liability...
Nov 28 2016 // A fire at the gun shop next door never reached Kathy Laurienti’s sausage and specialty food store, but the water and smoke damage was enough to shut her business down. Because Laurienti didn’t have enough...
Nov 17 2016 // Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by Union Square Ventures, bringing its total raised to date to $9.5 million.In addition to Union...
Nov 17 2016 // Starr Companies has joined a growing roster of insurers selling insurance directly to small business owners online with its launch of Starr Insure.The new digital agency currently offers property/casualty business owner...
Nov 16 2016 // London-based RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for the UK & International region.Effective...
Nov 14 2016 // QBE North America, an operating division of global insurer QBE Insurance Group Limited, has launched CyberOne and Data Compromise, an expanded suite of products and services designed to help protect small to medium-sized...
Nov 14 2016 // The fledgling drone industry is in the throes of change as weak consumer demand and falling prices drive startups to shift their focus to specialized business applications.3D Robotics – an early drone startup that...
Nov 9 2016 // Federal safety officials have cited Bekaert Corp. in Van Buren, Arkansas, after an employee suffered an amputation while trying to untangle moving wire at an Arkansas facility that manipulates and coats steel products.An...
Nov 8 2016 // Business Risk Partners (BRP), a specialty underwriter and program administrator based in Windsor, Conn., hired Greg Bizzoso as an E&O product manager and team leader for miscellaneous professional liability (MPL) and...
Nov 4 2016 // Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked for...
Nov 3 2016 // Crest Insurance Group LLC has named Rosette Abud a commercial lines producer in its Arizona office. Abud has a background in human resources. She was formally the district manager of BenefitMall Payroll and Human Resource...
Nov 3 2016 // A Mineral Wells, Texas-based manufacturer is facing more than $224,000 in fines levied by federal safety officials after an investigation found the company failed to protect workers from safety and health hazards.The U.S....
Nov 3 2016 // Federal safety officials have alleged that for at least two years, an Ohio manufacturer of thermoplastic lining systems for truck bodies and trailers exposed workers to the risk of amputation and other serious injury by...
Nov 1 2016 // Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth managers, said it has secured $2 million in seed financing.Venture capital firms NEA, Compound,...
Oct 31 2016 // Private employers reported approximately 2.9 million nonfatal workplace injuries and illnesses in 2015, or about 48,000 fewer than in 2014, according to the U.S. Bureau of Labor Statistics.That translates into a rate of...
Oct 28 2016 // The Hartford reported net income of $438 million in third quarter 2016, an increase of 15 percent from third quarter 2015. Core earnings came in at $413 million in third quarter 2016, an increase of 13 percent from third...