Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Eighth Circuit: Insurer Has No Duty to Defend Janitorial Service Workplace Discrimination Suit
Feb 3 2022 // The United States Court of Appeals for the Eighth Circuit said that an insurer does not have to provide coverage to a St. Louis, Missouri janitorial service company for a workplace discrimination lawsuit, affirming a...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Feb 2 2022 // Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market...
Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines
Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million. Sayata CEO...
Police Officer’s Immunity Does Not Extend to New York County Employer: U.S. Court
Jan 27 2022 // A municipality in New York may be held liable for wrongful action by an employee even though the employee was granted individual immunity. A police detective found liable by a jury for a false arrest was entitled to...
New York Will Require Employers to Disclose Monitoring to New Hires
Jan 27 2022 // Employers in New York must disclose electronic monitoring, such as internet access and videoconferencing, to new hires under a new law taking effect in May, as workers contend with an employment landscape that’s...
Biden Administration Officially Withdraws Employer Vaccine Rule
Jan 27 2022 // The Biden administration has officially withdrawn a rule that would have required workers at big companies to get vaccinated or face regular COVID testing requirements. The Occupational Safety and Health Administration...
Workplace Class Action Settlement Costs Reached $3.6B in 2021
Jan 24 2022 // The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the size and reduce the number of payouts, according to a new report by the...
Employers Fear Long-Term Liability From ‘Take-Home’ COVID-19 Lawsuits
Jan 24 2022 // As COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or...
Cyber, Business Interruption, Natural Disasters Ranked as Top 3 Business Risks: Allianz
Jan 18 2022 // A year of unprecedented cyber-attacks, business interruption and supply chain disruption, along with natural catastrophe activity has pushed these three perils to the top of the list of global business risks in this...
What the Supreme Court Justices Said in Blocking OSHA’s COVID-19 Workplace Rule
Jan 14 2022 // The Supreme Court yesterday blocked the Biden Administration from implementing an order requiring businesses with more than 100 employees to require COVID-19 vaccines or testing and masks for their employees. In National...
Workplace Class Action Payouts Unexpectedly Grew During Pandemic in 2021
Jan 14 2022 // The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the size and reduce the number of payouts, according to a new report by the...
Employers Fear Long-Term Liability From ‘Take-Home’ COVID-19 Lawsuits
Jan 12 2022 // As COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or...
WTW Launches Crisis Management Business Unit for Security Risk Management
Jan 12 2022 // Willis Towers Watson announced the formation of a new Crisis Management unit with the merger of Special Contingency Risks (SCR) and the Terror and Political Violence teams, which will sit within its Financial Solutions...
Louisiana Supreme Court Upholds Employer COVID Vaccine Mandate
Jan 10 2022 // The Louisiana Supreme Court on Jan. 7 unanimously upheld a COVID-19 vaccine mandate for the state’s largest healthcare system. The ruling was handed down the same day that the U.S. Supreme Court heard arguments about...
New York City Sued by Business Over Workplace Vaccine Rule
Jan 10 2022 // A lawsuit has been filed in federal court challenging New York City’s sweeping mandate requiring nearly all private-sector businesses to ban unvaccinated employees from the workplace, asserting that the city’s...
Safety Council Finds Employer Vaccine Mandates Boost Worker Vaccination Rate 20%
Jan 7 2022 // The National Safety Council (NSC) released survey findings showing that employer vaccine requirements are driving higher vaccination rates among workers. According to the survey, employer vaccine requirement led to a 20%...
People Moves: Coalition in California Adds Livingstone; LP Names Cooper to Commercial Insurance Team
Jan 6 2022 // San Francisco, California-based Coalition named Jennifer Livingstone head of strategic agency management. Livingstone has more than 25 years of leadership experience in broker management, business development, marketing,...
How to Create a Hybrid Workplace and Office Culture
Jan 4 2022 // Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted their ways of working. Those planning to adopt a hybrid work model when they return to the office still have time to prepare. But...
Massachusetts Care Facility Employers Fail to Comply With OSHA Subpoena
Dec 29 2021 // An October 21, 2021, decision by the U.S. District Court for the District of Massachusetts ordered UHS of Fuller Inc. and UHS of Delaware Inc. to pay the U.S. Department of Labor $30, 515.63 in attorneys’ fees after...
Employers and Employees: How to Avoid a Burnout Crisis
Dec 28 2021 // In a more typical time, burnout is an exception. In the era of COVID, it almost feels like the norm. According to Jennifer Moss, organizations should take a hard look in the mirror for fostering cultures of overwork that...
