Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Chubb Adds Small Business Coverage for Food Service Industry to Digital Platform
Jul 16 2019 // Chubb has added small business insurance to cover risks faced by the food service industry to its digital platform – the Chubb Marketplace, which features a suite of products for businesses with up to $30 million in...
Court Blocks Trump Rule on Employer Religious Exemption for Contraceptive Coverage
Jul 15 2019 // A federal appeals court upheld a lower court order that blocked the Trump administration from enforcing rules that allow more employers to deny insurance coverage for contraceptives to women. The three-judge panel of the...
Minnesota Construction Workers’ Lawsuit Accuses Employer of Wage Theft
Jul 11 2019 // A group of Rochester, Minnesota-area construction workers are pursuing a wage theft claim, testing a new state law that aims to clamp down on companies that don’t pay for labor. Minnesota Department of Labor and...
Nationwide Offers Independent Agents a Commercial Insurance Digital Storefront
Jul 9 2019 // Giant insurer Nationwide is partnering with an insurtech in an effort to speed up its product underwriting for commercial lines property/casualty agents. The technology Nationwide is deploying was developed by Ohio-based...
Illinois Metal Treating Facility Faces $181.6K in Fines for Workplace Hazards
Jul 9 2019 // A metal treating facility in Glendale Heights, Illinois, has been cited by federal officials for workplace safety violations and faces imposed penalties of $181,662. The U.S. Department of Labor’s Occupational Safety...
How Workplace Violence Costs Businesses Before and After It Happens
Jul 3 2019 // Workplace violence leaves chaos in its wake. Besides the psychic trauma, physical injuries and even sometimes fatalities, there are enormous financial impacts. Some are obvious, but many show up only with insightful...
Kentucky Businesses Awarded $700K to Fight Opioid Addiction in the Workplace
Jul 2 2019 // The Kentucky Chamber Workforce Center has been awarded about $700,000 in grant money to identify how businesses can prevent opioid addiction in the workplace and help employees recover. The Lexington Herald Leader reports...
Uncertainty Follows Grief When Small Business Owners Die Without Succession Plans
Jun 28 2019 // When Jim McLaughlin died suddenly from a heart attack at age 64, his family assumed they would have to close his homebuilding business. He’d made no plans for someone to succeed him at McLaughlin Construction, and...
New Hampshire’s SAN Group Hires Gray as Commercial Lines Placement Specialist
Jun 21 2019 // Satellite Agency Network Group Inc. (SAN), a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast, has hired Kathy Gray as commercial lines placement specialist. Gray, a licensed broker and...
Texas Calls for 2018 Catastrophe Data on Commercial Property, Business Insurance
Jun 20 2019 // The Texas Department of Insurance (TDI) has issued special data call to companies that wrote direct commercial property or businessowners insurance in Texas and to certain farm mutual insurance companies that wrote...
Higginbotham in Texas Buys Commercial Insurance Unit of Extraco Banks
Jun 19 2019 // Extraco Banks has sold its commercial insurance operation to Fort Worth, Texas-based independent insurance broker, Higginbotham. Extraco Insurance is a group of five property/casualty insurance professionals operating in...
Arthur J. Gallagher Acquires Australia Workplace Risk Consultant P2 Group
Jun 18 2019 // Arthur J. Gallagher & Co. announced the acquisition of Hawthorn, Victoria-based P2 Group. Terms of the transaction were not disclosed. Founded in 2003, P2 Group helps employers proactively manage occupational health...
Commercial Insurance Prices Up Again in Q1; Auto, D&O Lead the Pack
Jun 17 2019 // Commercial insurance prices in the U.S. increased in the first quarter about 2%, according to insurance broker and advisor Willis Towers Watson. The company’s Commercial Lines Insurance Pricing Survey (CLIPS) survey...
Workplace Mass Shootings Are Rare But Still a Worry to Americans
Jun 14 2019 // A postal worker on disability retirement for psychological issues returned to her workplace years later and killed six people. A Connecticut beer delivery worker irate over being forced to resign opened fire as he was...
Fitch Says 2019 Could Be Better Than 2018 for Commercial Insurance
Jun 13 2019 // Fitch Ratings said it maintains a stable outlook for U.S. commercial lines, reflecting the potential for moderately better underwriting profits and the ability of insurers to withstand potential adversity due to capital...
Nebraska Family Dollar Store Faces $302K in Fines for Workplace Hazards
Jun 11 2019 // Federal workplace safety officials have proposed $302,147 in penalties against a Family Dollar Store in Omaha, Nebraska. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited...
IronPro to Offer Two-Term Policy Endorsement for Small Businesses
Jun 11 2019 // IronPro, the professional liability unit of Ironshore, has introduced a two-term policy endorsement for its miscellaneous professional liability (MPL) product for small business accounts. The MPL policy endorsement was...
Most U.S. Commercial Insurance Prices Rose Again in Q1; Auto, D&O Lead the Pack
Jun 11 2019 // Commercial insurance prices in the U.S. increased in the first quarter about 2%, according to insurance broker and advisor Willis Towers Watson. The company’s Commercial Lines Insurance Pricing Survey (CLIPS) survey...
Prime Property & Casualty Enters Kansas Commercial Auto Market
Jun 6 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kansas commercial auto insurance market as an admitted carrier specializing in distressed and substandard risks. With PPCI, producers now have an...
Role of Workplace Hazards in Most Lung Diseases Is Overlooked: Researchers
Jun 5 2019 // More than 1 in 10 people with a range of non-cancerous lung diseases may be sick as a result of inhaling vapors, gas, dust or fumes at work, according to a joint American Thoracic Society and the European Respiratory...
