Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Staffers Allege that Employer Ignored COVID Precautions in Massachusetts
May 21 2021 // A Massachusetts man claims that a national addiction treatment program with offices in Pittsfield and Cummington failed to take precautions to protect him, fellow staff members, as well as residential clients from COVID-19...
Lumen Risk Services, Transverse to Offer Commercial Property Coverage
May 21 2021 // Program administrator Lumen Risk Services, in partnership with Transverse Insurance Group, has launched a new commercial property insurance program. The non-admitted program will initially offer monoline property coverage...
Texas Manufacturer Fined $558.8K for Workplace Safety Violations
May 18 2021 // A Waco, Texas-based bath and shower manufacturer has been cited for 19 workplace safety violations and fined $558,821 by federal workplace safety officials. An inspection by the U.S. Department of Labor’s...
New York to Set Workplace Safety Standards for Airborne Diseases
May 14 2021 // State regulators in New York will soon draft rules that will require employers to protect workers from airborne infectious disease. A new state law tasks state labor and health officials with coming up with minimum...
Neptune to Offer Flood Insurance to Small Business Administration Borrowers
May 14 2021 // Neptune Flood, an AI-driven flood insurance company, has launched sbaflood.com designed for SBA borrowers to obtain commercial flood insurance. Both owners and tenants are eligible for commercial flood insurance through...
Commercial Auto Insurance Business on Road to Break-Even in 2021: Fitch
May 13 2021 // The commercial auto insurance segment posted its best underwriting result in a decade in 2020, thanks to continued big rate increases and a big drop in driving due to the coronavirus pandemic. According to a Fitch Ratings...
North Dakota Workplace Death Rate Among Highest in U.S.
May 11 2021 // An annual report using data from the U.S. Bureau of Labor Statistics shows North Dakota’s rate of workplace deaths remains among the highest in the country. The annual report released by the AFL-CIO shows that 37...
New Hampshire Bill Would Make Employers Pay for Any Required COVID-19 Test
May 7 2021 // Employers who require COVID-19 tests for applicants or workers would be required to pay for them under a bill heard by a New Hampshire House committee Wednesday. The bill would prohibit employers from requiring that an...
Employers Advised to Prepare for Pandemic’s Mental Health Fallout as Employees Return
May 6 2021 // From casual Fridays to after-work drinks, those weekly rituals once taken for granted are returning as Americans head back to the office. And while masks, plexiglass and empty conference rooms will alter the cubescape,...
Commercial Insurance Price Hikes Begin to Moderate: Marsh
May 5 2021 // Global commercial insurance pricing continued its double-digit growth in the 2021 first quarter, but the rate of increase dipped for the first time since late 2017, Marsh found in its latest market index...
Employers, Insurers See Virtual First-Care Medical Visits Becoming Routine
May 4 2021 // Make telemedicine your first choice for most doctor visits. That’s the message some U.S. employers and insurers are sending with a new wave of care options. Amazon and several insurers have started or expanded...
P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best
May 3 2021 // The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for key commercial lines of coverage such as property catastrophe, commercial automobile,...
For Some Buyers, Commercial Insurance Market Is Going to Get Better, Easier: Willis
May 3 2021 // North American buyers of commercial property/casualty insurance can expect an “ever-so-slight turn for the better” and a “less difficult marketplace” in the months ahead. However, global broker...
California MGU Foresight Expands Commercial Property Offerings
Apr 30 2021 // San Francisco-based Foresight Risk & Insurance Services is offering new commercial property insurance lines coverages including inland marine, contractors equipment and builders’ risk, which will be offered as a...
Wisconsin’s M3 Insurance Unveils M3 Elevate for Small Businesses, Individuals
Apr 30 2021 // Madison, Wisconsin-based M3 Insurance (M3), an insurance broker and risk management firm with seven locations throughout Wisconsin and Illinois, has launched M3 Elevate (Elevate), a new division that encourages small...
People Moves: Palomar Adds White in Alabama; BRP Forms Middle Market, Insurance Co. Team; Vault Hires Ross as CIO
Apr 28 2021 // Palomar Insurance Adds White in Alabama Tammy White Palomar Insurance has added Tammy White to its expanding marketing team as a transportation marketing representative. A native of Birmingham, Ala., White has more than 20...
For Some Buyers, Commercial Insurance Market Is Going to Get Better, Easier: Willis
Apr 23 2021 // North American buyers of commercial property/casualty insurance can expect an “ever-so-slight turn for the better” and a “less difficult marketplace” in the months ahead. However, global broker...
Workplace Safety Regulator Warns Of COVID-19 Hazards Inside Iowa Capitol
Apr 21 2021 // A top workplace safety regulator warned the Republican leaders of the Iowa Legislature that conditions inside the state Capitol are hazardous and may be exposing workers to the coronavirus, according to documents released...
Digital E&S Broker Pathpoint Releases Lessor’s Risk Commercial Package
Apr 20 2021 // Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents to access non-admitted coverage for property owners with a single...
P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best
Apr 19 2021 // The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for key commercial lines of coverage such as property catastrophe, commercial automobile,...
