Latest Commercial Lines Headlines

All the headlines from our Commercial Lines Topic Page, ordered by recency.

How To Sell Commercial Insurance and Specialize in It

Oct 10 2024 // This post is part of a series sponsored by Darkhorse Insurance.Are you dipping your toes into commercial insurance sales? Well, hold on tight because selling commercial insurance isn’t your run-of-the-mill business....

Workplace Flexibility Is Key to Employee Retention: Research

Oct 9 2024 // Less than a month after Amazon announced employees would need to give up their flexible work arrangements and return to the office full-time, new research has reinforced the value of a flexible work culture.The 2024...

Billionaire Tom Steyer’s Commercial Real Estate Lead Says ‘Watch Insurance Risk’

Oct 9 2024 // Joseph Sumberg, a former managing director at Goldman Sachs Group Inc. who now works for billionaire climate investor Tom Steyer, says commercial real estate deals will increasingly need to price in rising insurance costs,...

Commercial Property Rate Stabilization Highlights Latest WTW CLIPS

Oct 7 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024.Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in...

Redefining the Employee Experience for Today’s Workplace

Oct 7 2024 // An organization’s ability to provide an exceptional employee experience impacts its success in many ways, from driving profitability and growth to enhancing customer satisfaction. However, now that the majority of...

UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business

Oct 3 2024 // Kingfisher Insurance Services Ltd., the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland.Financial details of the transaction were not disclosed. As...

Employer, Workers’ Comp Insurer, Survivor Join Baltimore Bridge Collapse Litigation

Oct 2 2024 // The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse of Baltimore’s Key Bridge, along with its workers’ compensation carrier, have filed...

Apple Accused by US Labor Board of Imposing Illegal Workplace Rules

Oct 2 2024 // A U.S. labor board issued a complaint accusing Apple of violating employees’ rights to organize and advocate for better working conditions by maintaining a series of unlawful workplace rules.The National Labor...

Connecticut Flood Recovery Centers for Small Businesses Now Open

Sep 27 2024 // Connecticut Governor Ned Lamont announced that the U.S. Small Business Administration (SBA) has opened two business recovery centers that are now providing in-person assistance to businesses applying for federal disaster...

AI Being Used to Scam Small Business Owners, Says Nationwide Survey

Sep 26 2024 // Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence.Cybercriminals increasingly use generative AI, including...

Cal/OSHA Cautioning Employers to Protect Workers From Wildfire Smoke

Sep 25 2024 // Cal/OSHA is urging employers to protect workers from unhealthy air due to wildfire smoke.The Line Fire is impacting air quality in areas around San Bernardino and Riverside counties. Employers are required to monitor air...

Commercial Property Rate Stabilization Highlights Latest WTW CLIPS

Sep 10 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter.Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in its...

People Moves: Melvin Names CEO of BMS Re US; Rawal Joins AXA XL as CUO Middle Market, Canada; QBE Canada Hires Fenn as Multinational Underwriting Manager

Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, USBMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS Re, U.S.,...

Ex-CFO Says Royal Bank of Canada Manufactured Workplace-Romance Case

Sep 6 2024 // Royal Bank of Canada’s former chief financial officer, fired over allegations she had an undisclosed personal relationship with another executive, said the bank was trying to “manufacture” a reason to get...

Bishop Street Enters Commercial Lines With Acquisition of MGA Conifer

Sep 5 2024 // Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings,...

For Small Commercial Businesses, Insurance Satisfaction Is a Matter of Trust

Sep 4 2024 // Trust impacts customer satisfaction, loyalty and brand advocacy more than other factors when small businesses choose a commercial insurance provider.J.D. Power’s 2024 U.S. Small Commercial Insurance Study found that...

Viewpoint: It’s Election Season! Regulating Political Speech in the Workplace

Sep 4 2024 // With less than three months to go until the general election, politics seem to be a hot topic for discussion these days! However, today’s political climate is more divisive than ever, and there are many reasons why...

Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall

Sep 3 2024 // Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang...

Cal/OSHA Cites Nine Employers for Silica Safety Violations

Aug 29 2024 // California’s Division of Occupational Safety and Health cited nine employers in Sun Valley following efforts to address the growing number of silicosis cases among stone workers in California.The safety violations...

Connecticut Offers $5 Million in Grants to Help Small Businesses With Flood Recovery

Aug 27 2024 // Connecticut Gov. Ned Lamont announced that the state is launching a $5 million micro-grant program to assist small businesses in the western portion of the state rebuild and recover from the record rainfall and flooding...