Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh
Oct 24 2024 // Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the...
Starr Insurance Receives License to Sell Commercial Insurance Across South Korea
Oct 22 2024 // Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Ltd., Korea branch, a license to operate in Seoul and begin selling commercial...
Agents More ‘Satisfied’ with Commercial Insurers
Oct 21 2024 // Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching...
Balance With ‘Micro-Actions’ in Commercial Market But Milton Could Disrupt
Oct 10 2024 // WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption. “The current state of affairs might only be one major hurricane away...
How To Sell Commercial Insurance and Specialize in It
Oct 10 2024 // This post is part of a series sponsored by Darkhorse Insurance. Are you dipping your toes into commercial insurance sales? Well, hold on tight because selling commercial insurance isn’t your run-of-the-mill...
Workplace Flexibility Is Key to Employee Retention: Research
Oct 9 2024 // Less than a month after Amazon announced employees would need to give up their flexible work arrangements and return to the office full-time, new research has reinforced the value of a flexible work culture. The 2024...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS
Oct 7 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024. Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported...
Redefining the Employee Experience for Today’s Workplace
Oct 7 2024 // An organization’s ability to provide an exceptional employee experience impacts its success in many ways, from driving profitability and growth to enhancing customer satisfaction. However, now that the majority of...
Employer, Workers’ Comp Insurer, Survivor Join Baltimore Bridge Collapse Litigation
Oct 2 2024 // The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse of Baltimore’s Key Bridge, along with its workers’ compensation carrier, have filed...
Apple Accused by US Labor Board of Imposing Illegal Workplace Rules
Oct 2 2024 // A U.S. labor board issued a complaint accusing Apple of violating employees’ rights to organize and advocate for better working conditions by maintaining a series of unlawful workplace rules. The National Labor...
Connecticut Flood Recovery Centers for Small Businesses Now Open
Sep 27 2024 // Connecticut Governor Ned Lamont announced that the U.S. Small Business Administration (SBA) has opened two business recovery centers that are now providing in-person assistance to businesses applying for federal disaster...
AI Being Used to Scam Small Business Owners, Says Nationwide Survey
Sep 26 2024 // Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including...
Cal/OSHA Cautioning Employers to Protect Workers From Wildfire Smoke
Sep 25 2024 // Cal/OSHA is urging employers to protect workers from unhealthy air due to wildfire smoke. The Line Fire is impacting air quality in areas around San Bernardino and Riverside counties. Employers are required to monitor air...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS
Sep 10 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter. Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in its...
People Moves: Melvin Names CEO of BMS Re US; Rawal Joins AXA XL as CUO Middle Market, Canada; QBE Canada Hires Fenn as Multinational Underwriting Manager
Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, US Brad Melvin BMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS...
Ex-CFO Says Royal Bank of Canada Manufactured Workplace-Romance Case
Sep 6 2024 // Royal Bank of Canada’s former chief financial officer, fired over allegations she had an undisclosed personal relationship with another executive, said the bank was trying to “manufacture” a reason to get...
Bishop Street Enters Commercial Lines With Acquisition of MGA Conifer
Sep 5 2024 // Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings,...
Viewpoint: It’s Election Season! Regulating Political Speech in the Workplace
Sep 4 2024 // With less than three months to go until the general election, politics seem to be a hot topic for discussion these days! However, today’s political climate is more divisive than ever, and there are many reasons why...
Cal/OSHA Cites Nine Employers for Silica Safety Violations
Aug 29 2024 // California’s Division of Occupational Safety and Health cited nine employers in Sun Valley following efforts to address the growing number of silicosis cases among stone workers in California. The safety violations...
Connecticut Offers $5 Million in Grants to Help Small Businesses With Flood Recovery
Aug 27 2024 // Connecticut Gov. Ned Lamont announced that the state is launching a $5 million micro-grant program to assist small businesses in the western portion of the state rebuild and recover from the record rainfall and flooding...
