Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Falls Kill Two Long Island Men in Separate Workplace Accidents
Jan 22 2021 // A landscaper fell from a tree and a roofer fell from a building in two separate fatal workplace accidents Monday on Long Island. Suffolk County Police said 51-year-old Vicente Oliver of Levittown was trimming a tree at a...
Applied Specialty Underwriters Names Black to Lead Middle Market Surplus Lines
Jan 19 2021 // Applied Underwriters has named John Black, Sr., CPCU, to lead its expansion into middle market surplus lines. As executive vice president of the newly-expanded Applied Specialty Underwriters, Black, who has 35 years of...
Hub Acquires Assets of Texas’ Commercial Insurance Brokers
Jan 15 2021 // Global insurance broker Hub International Limited has acquired the assets of Commercial Insurance Brokers Inc., based in El Paso, Texas. Terms of the transaction were not disclosed. Commercial Insurance Brokers is a...
American Family Insurance to Acquire Small Business Insurtech Bold Penguin
Jan 14 2021 // Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to...
Here’s What’s New in U.S. Small Business Pandemic Paycheck Protection Program
Jan 11 2021 // The Small Business Administration launches on Monday more Paycheck Protection Program loans to help small businesses weather the coronavirus pandemic. Congress last month approved $284 billion in new funds for the...
Farms Were the Deadliest Workplaces in Montana Last Year
Jan 11 2021 // An annual report made public by the Montana Department of Labor and Industry has shown that 2019 was slightly more deadly than the previous year in workplaces, with farming the most dangerous industry. The Census of Fatal...
COVID Lawsuits by State and Key Trends in Workplace Litigation for 2021: Seyfarth
Jan 7 2021 // The coronavirus pandemic contributed to a spike in workplace lawsuits in 2020 and the number is only expected to grow in 2021, according to legal experts. At the same time, the incoming Biden Administration is expected to...
OSHA Now Accepting 2020 Workplace Injury Submissions Through March 2
Jan 4 2021 // The Occupational Safety and Health Administration (OSHA) is reminding employers that the agency will begin collecting calendar year 2020 workplace injury data (Form 300A) on Jan. 2, 2021. Employers must submit the form...
Farms Were the Deadliest Workplaces in Montana Last Year
Dec 30 2020 // An annual report made public by the Montana Department of Labor and Industry has shown that 2019 was slightly more deadly than the previous year in workplaces, with farming the most dangerous industry. The Census of Fatal...
U.S. Approves Commercial Drone Flights Over Populated Areas With Tracking
Dec 29 2020 // Commercial drone use for deliveries and services cleared a major hurdle in the U.S. with new rules allowing the devices to fly over populated areas for the first time and requirements for tracking them to address safety...
Workplace Fatalities Increased By 25% in Texas in 2019
Dec 22 2020 // The number of work-related fatalities in Texas rose by 25% in 2019. A report on fatal occupational injuries in 2019 released by the Texas Department of Insurance, Division of Workers’ Compensation (DWC) shows there...
Small Businesses, Lacking Legal Immunity, Fear COVID-19 Liability Lawsuits
Dec 22 2020 // Plans for a lawsuit against a Maine venue that hosted what became a “superspreader” wedding reception underscore the liability risks to small businesses amid the coronavirus pandemic and an uphill push by...
Different Federal, State Rules Confuse Employers Seeking COVID Vaccine for Workers
Dec 22 2020 // U.S. companies and industry groups trying to move their workers to the front of the line for a COVID-19 vaccine remain confused about conflicting state and local guidelines on how shots will be administered and to which...
Cybersecurity Firm Transmosis, Cysurance Offer Small Business Subscription
Dec 22 2020 // Cybersecurity firm Transmosis and insurance agency Cysurance have launched a bundled cybersecurity and insurance product that requires no insurance brokers, research, or yearly contracts and is sold on a monthly...
Louisiana Private Employer Work Injuries, Illnesses Down Slightly in 2019
Dec 21 2020 // Recent Bureau of Labor Statistics (BLS) data show the incidence rate of work-related injuries and illnesses among Louisiana’s private sector employers was 1.7 incidents per 100 full-time equivalent (FTE) workers in...
U.S. Commercial Insurance Rates Rise Again Q3; Showing Signs of Stability
Dec 21 2020 // For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10% but the rocket ship rate hike trend might be moderating. “While commercial insurance prices continued to rise...
COVID, Economy, Social Inflation Warrant Negative Commercial Lines Outlook: A.M. Best
Dec 21 2020 // U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty, social inflation and other challenges. A.M. Best first revised its outlook for the...
Missouri Employers Mutual Names Smith VP, Claims; Expands Executive Team
Dec 17 2020 // Tim Smith has joined Missouri Employers Mutual (MEM) as vice president of Claims. He will provide executive-level leadership to claims outcomes, strategy and initiatives. Smith comes to MEM from NORCAL Mutual Insurance Co....
OSHA Updates Targeted Workplaces Inspection Program
Dec 17 2020 // The Occupational Safety and Health Administration (OSHA) is updating its inspection program that targets its enforcement resources to establishments with the highest rates of injuries and illnesses. The Site-Specific...
Trump EEOC Rule Aims to Slow Workplace Discrimination Lawsuits
Dec 14 2020 // The leader of the U.S. workplace anti-discrimination agency is pursuing a policy shift that could slow litigation against companies long after President-Elect Joe Biden takes office. Janet Dhillon, the chair of the Equal...
