Latest Small Business Headlines

All the headlines from our Small Business Topic Page, ordered by recency.

New York Lawmakers Pledge to Change Laws That Enable Predatory Lending

Dec 13 2018 // New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to seize the assets of thousands of small businesses across the country.Brad Hoylman, incoming chairman of...

New York Said to Open Investigation into Potential Small-Business Lending Abuse

Dec 7 2018 // New York’s attorney general has opened an investigation into potential abuses by finance firms that offer quick money to small businesses nationwide, according to a person familiar with the probe.Attorney General...

Senators Seek Ban on ‘Confessions’ Tactic Used by Predatory Small Business Lenders

Dec 7 2018 // Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from small businesses.Senators Sherrod Brown, the top Democrat on the Senate Banking Committee, and Marco...

Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents

Dec 4 2018 // CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today.With 16...

Progressive to Offer Online Cyber Marketplace to Small Business Owners

Dec 3 2018 // Progressive Insurance will offer small business owners the ability to compare, quote and buy cyber insurance online, alongside other small business coverages, through CyberPolicy, an online cyber insurance marketplace...

Insurtech Oyster Opens up Its Pay-as-You-Go Workers’ Comp Model in California

Nov 29 2018 // A new insurtech wants to provide pay-as-you-go workers’ compensation to as many small businesses in California as possible, and it hopes to use the momentum it’s built following a quiet launch in the East...

Lowell Joins The Hartford to Head Small Business Innovation Lab

Nov 20 2018 // The Hartford has appointed Christopher Lowell to lead its Small Business Innovation Lab, which will design and test new products and business models to meet the needs of The Hartford’s small business...

QBE Ventures, Zeguro Partner on ‘Cybersecurity Officer’ Small Business Platform

Nov 8 2018 // A new partnership between QBE Insurance Group and cybersecurity management company Zeguro offers small and medium-sized business customers access to a virtual ‘Cybersecurity Officer’ to protect against their...

AXA XL, Slice Labs Launch On-Demand Cyber Coverage for Small, Mid-Size Businesses

Nov 5 2018 // Slice Labs Inc., an on-demand insurance cloud provider, and AXA XL, a division of AXA, have launched a new cyber insurance policy specifically designed for small and midsize businesses (SMBs).Powered by Slice’s...

Pie Founder Talks About Entry into California Workers’ Comp Market

Nov 5 2018 // The launch in the state marks the ninth market entry for the Insurtech in six months.Pie Insurance seems to be slicing its way through workers’ compensation markets in state after state. The Washington, D.C.-based...

Chubb Adds Small Business Coverage for Manufacturers to Marketplace Platform

Oct 31 2018 // Chubb has added Small Commercial Insurance (SCI) coverage for risks faced by small manufacturers to its digital platform – the Chubb Marketplace, which features a broad and customizable suite of products for...

Insurtech Pie’s Founder Talks About Entry into California Workers’ Comp Market

Oct 25 2018 // Pie Insurance seems to be slicing its way through workers’ compensation markets in state after state.The Washington, D.C.-based insurtech is a direct provider of workers’ comp that touts its ability to leverage...

UK Insurers, Businesses Urge Government Not to Raise Insurance Premium Tax – Again

Oct 10 2018 // UK insurers and businesses are urging the UK Treasury not to further penalize insurance customers by raising the insurance premium tax (IPT), which currently costs each household an average of £200 ($262) annually.The UK...

Hahn Named President of Westfield’s Small Business Unit

Sep 28 2018 // Westfield Center, Ohio-based property/casualty insurer, Westfield, has named Robyn Hahn as president of its Small Business unit.Hahn more than 25 years of diverse experience in the insurance industry and has held senior...

Puerto Rico’s Small Businesses Were Underinsured for Maria Damages

Sep 28 2018 // Only a tiny fraction of small businesses in Puerto Rico was fully insured for losses arising from last year’s Hurricane Maria, which hit revenue or raised costs for more than three-quarters of them, according to a...

6 Small Businesses Share Disaster Recovery Stories

Aug 31 2018 // As small business owners in Hawaii and California clean up following Hurricane Lane and wildfires, they’ll find there’s no one formula for recovery. The same disaster can devastate businesses in divergent ways...

NCCI Proposes 13% Rate Decrease for Florida Workers Comp, Notes Future Challenges

Aug 29 2018 // Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI).But...

When Small Business Needs Specialty Insurance

Aug 20 2018 // Small business used to be associated with small exposures — simple business risks addressed with simple insurance products. However, changing customer needs and expectations, technology advancements, new regulations...

Florida United Businesses Association to Offer Lancer Workers’ Comp Coverage to Members

Aug 9 2018 // The Florida United Businesses Association (FUBA) is now offering workers’ compensation coverage to small businesses across the state through Lancer Indemnity Co. of New York.The partnership marks FUBA’s switch...

Insurtech Next Insurance Raises $83 Million to Expand; Nationwide, Munich Re Among Investors

Jul 11 2018 // Next Insurance has raised $83 million in new financing, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market.Nationwide Insurance and Munich...