Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Boston Hospital Valet Shot in Eye Sues His Employer
Feb 10 2021 // A valet at a Boston hospital who was shot in the eye by police as officers confronted a man armed with what they thought was a real gun has sued his employer, saying the hospital’s security staff mishandled this...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz
Feb 8 2021 // There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks...
USAA, Serving Military and Veterans, Enters Small Business Insurance Market
Feb 8 2021 // The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business insurance policies for the first time. The company will initially offer the coverage in five states...
Chubb System Tracks Absence Management, Benefits for Employers
Feb 5 2021 // A new offering from Chubb’s Workplace Benefits division looks to integrate and streamline absence management and workplace benefits for mid-size to large employers. The Chubb WorkInsight product enables employers to...
Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh
Feb 4 2021 // Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released by insurance broker Marsh. The increase, the largest since the index was launched in...
Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic
Feb 4 2021 // The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic, with minority-owned businesses struggling the most and worrying more about accessing credit, according...
Chubb’s Q4 ‘Excellent’ Results Boosted by Commercial Lines Price Hikes
Feb 3 2021 // Global insurer Chubb reported fourth quarter results for 2020 significantly better than the same period in 2019. For the 2020 fourth quarter, Chubb’s net income grew significantly higher, as did its net premiums...
Oregon Proposes Permanent COVID-19 Workplace Rule
Feb 2 2021 // Oregon OSHA is proposing a permanent rule that largely maintains risk-reducing measures required by the current temporary emergency rule to help protect workers against COVID-19. It would replace the temporary rule, which...
$262M in Main Street Grants Aid 21K Louisiana Small Businesses
Feb 1 2021 // Nearly 21,000 Louisiana businesses received more than $262 million in grants to help them weather the impact of the coronavirus pandemic, under a program managed by state Treasurer John Schroder and financed by lawmakers...
Hub’s Chapman Takes On National Commercial Markets Director Role
Feb 1 2021 // Global insurance broker Hub International reported that Michael Chapman has been named national director of Commercial Markets. Chapman will also retain his current role as president of the Hub South region. As Hub’s...
Bath Iron Works Rigger Suffers Serious Injury in Workplace Accident
Feb 1 2021 // A Bath Iron Works shipbuilder is recovering after being “critically injured” in a workplace accident in Bath, Maine, according to the Machinists Union Local S6. Neither the company nor the union would provide...
OSHA Issues COVID-19 Workplace Safety Guidance
Feb 1 2021 // President Joe Biden’s administration released new workplace guidelines Friday that signaled a more proactive approach to protecting workers from the coronavirus. The new guidance from the U.S. Occupational Safety and...
Coalition Adds 5 Hires to Middle Market Production Underwriting Team
Jan 29 2021 // Coalition has appointed five new production underwriters to help grow and serve the company’s middle market relationships. New Coalition production underwriting team members include: Andrew Cross, based in San...
USAA, Serving Military and Veterans, Enters Small Business Insurance Market
Jan 28 2021 // The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business insurance policies for the first time. The company will initially offer the coverage in five states –...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz
Jan 27 2021 // There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks —...
United Airlines CEO Urges Employers to Mandate COVID-19 Vaccines
Jan 25 2021 // United Airlines may make the COVID-19 vaccine mandatory for employees, and other companies should do the same, United Chief Executive Officer Scott Kirby told workers at a meeting on Thursday, according to a transcript...
The Company You Keep Can Make All the Difference for Your Small Business Clients
Jan 25 2021 // This post is part of a series sponsored by Hanover Insurance Group Inc. Tens of thousands of small businesses have changed the way they do business, interacting with customers digitally and adjusting their offerings to...
Diversity in the Workplace: Race, Gender, Disability and More
Jan 25 2021 // Insurance industry leaders have renewed their focus on recruiting, hiring and promoting not just to fill a crucial talent gap with quality candidates, but also to intentionally diversify their workforce. The civil unrest...
Insurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines Business
Jan 22 2021 // Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its specialty commercial business to unlock its value and improve access to capital. Currently...
Biden Orders OSHA to Step Up COVID Workplace Safety Guidance, Enforcement
Jan 22 2021 // The Biden Administration has instructed federal workplace safety officials to do more to help halt the spread of the coronavirus on the job. On his first full day on office, President Joseph Biden signed an executive order...
