Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
Aug 22 2025 // This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead...
How to Keep Small Business Insurance Customers From Jumping Ship
Aug 21 2025 // Are property/casualty insurers facing a potential retention problem with small business customers? According to the J.D. Power 2025 U.S. Small Commercial Insurance Study, just 55% of customers say they “definitely...
Rockford Mutual Launches Commercial Insurance Offerings in Michigan
Aug 18 2025 // Rockford Mutual announced the official launch of their suite of commercial insurance products in the state of Michigan, effective August 18, 2025 This strategic expansion includes Businessowners Policies (BOP), Commercial...
California Employer Pleads Guilty to Charges Over Deadly Nitrogen Leak
Aug 14 2025 // An employer has pleaded guilty to criminal charges after investigation into deadly nitrogen leak held the company responsible. California Ranch Foods, a subsidiary of Golden West Food Group, pleaded guilty to two...
Employers Miss Out on Talent When Remote Work Isn’t Allowed: Survey
Aug 13 2025 // New insights into workforce recruitment and retention challenges suggest employers who don’t allow a remote work option may be missing out on talent, according to global background screening services and workforce...
5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
Aug 12 2025 // “Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the...
Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Aug 8 2025 // Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%. What is the reason...
People Moves: Crest Names Gibbs Commercial Lines Broker and Muehlebach General Counsel
Aug 8 2025 // Easton Gibbs Crest Insurance Group hired Easton Gibbs as a commercial lines broker. He most recently served as a screening solutions specialist at Exact Sciences. Gibbs previously played professional football with the...
Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial Auto
Aug 6 2025 // New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA., August 5, 2025 — Reliable...
Parrish Named CEO of Howden US, Is Sued by Former Employer Marsh
Aug 5 2025 // Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual...
Independent Agencies’ Market Share Shows Small Decline; Strong Hold on Commercial Lines with Opportunity to Grow in Personal Lines
Aug 4 2025 // The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of P/C lines nationwide. That’s according...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Aug 4 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second-quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
Workplace Injuries Costs Near $60B Per Year; Overexertion, Falls Top Causes: Liberty Mutual
Aug 4 2025 // Liberty Mutual’s latest Workplace Safety Index has found that workplace accidents cost U.S. employers about $58.8 billion annually. The top 10 causes of injuries account for 86% of those costs, or $50.87 billion. The...
How Employer Value Proposition and Employee Experience Can Boost Recruiting Success
Aug 4 2025 // In today’s hyper-competitive talent market, gaining a recruiting edge doesn’t require reinventing the wheel. To use a sports analogy, think about recruitment like the NFL. Every team is so talented that you see...
Commercial Auto MGA Cover Whale Obtains $40M Equity Financing
Jul 30 2025 // Cover Whale Insurance Solutions, Inc., a managing general agency (MGA) focused on commercial auto isurance, announced $40 million in new equity financing from Morgan Stanley Expansion Capital. Founded in 2020, Cover...
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Jul 24 2025 // Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage...
Labor Department Proposes Over 60 Rule Changes in Push to Deregulate Workplaces
Jul 24 2025 // The U.S. Department of Labor is aiming to rewrite or repeal more than 60 “obsolete” workplace regulations, ranging from minimum wage requirements for home health care workers and people with disabilities to...
Workplace Injuries Costs Near $60B Per Year; Overexertion, Falls Top Causes
Jul 22 2025 // Liberty Mutual’s latest Workplace Safety Index has found that workplace accidents cost U.S. employers about $58.8 billion annually. The top 10 causes of injuries account for 86% of those costs, or $50.87 billion. The...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Jul 21 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s
Jul 18 2025 // This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several...