Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Auto Forecast Improves, But Not Much: A.M. Best
Apr 15 2019 // A.M. Best maintains its negative outlook for the U.S. commercial auto insurance market even though its analysts believe it should improve somewhat in 2019. That forecast stems from commercial auto insurers having taken...
Young Small Businessowners Don’t Like Insurance Agents. Uh, Not Really.
Apr 12 2019 // Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in...
Gallagher CEO Signs Pledge for Workplace Diversity, Inclusion
Apr 11 2019 // The head of Illinois-based global insurance brokerage, Gallagher, has signed a pledge to advance diversity and inclusion within the workplace. Gallagher Chairman, President and CEO J. Patrick Gallagher Jr., has signed the...
Top 10 Causes of Most Serious Workplace Injuries
Apr 11 2019 // The annual Liberty Mutual Workplace Safety Index documents the top 10 causes of the most serious workplace injuries – those causing an employee to miss five or more days from work – and ranks them by their direct cost...
Digital Commercial Lines Broker Embroker Raises $28 Million
Apr 10 2019 // Digital insurance broker Embroker announced its $28 million Series B funding round. Embroker said it will use the funding to scale adoption of its insurance management platform, data-driven service offering, and...
Berkshire Hathaway GUARD Launches Commercial Package in Pennsylvania
Apr 5 2019 // Berkshire Hathaway GUARD Insurance Companies has launched a new commercial package product in Pennsylvania. The new offering includes: commercial property with limits up to $120 million per location with an enhanced causes...
Commercial Auto Market Should Improve This Year But Not a Lot: A.M. Best
Apr 4 2019 // A.M. Best maintains its negative outlook for the U.S. commercial auto insurance market even though its analysts believe it should improve somewhat in 2019. That forecast stems from commercial auto insurers having taken...
Nationwide Expands Small Business Insurance Direct Platform
Apr 3 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform. Now, 30 different business types can access the platform, which enables...
Forklift Operator Killed in California Workplace Accident
Apr 2 2019 // A forklift operator was killed when he was struck by a car during a business delivery. KCAL reports that the unidentified man in his 60s was making a delivery of live poultry in the Pacoima neighborhood of Los Angeles when...
Hutchinson Rejoins Hub Northeast as Executive Vice President of Commercial Lines
Apr 2 2019 // Hub International Northeast Limited, a subsidiary of the global insurance brokerage, risk advisory and employee benefits firm, Hub International Limited, has re-hired James Hutchinson as executive vice president of...
Oklahoma Man Admits to Embezzling $755K from Employer
Apr 1 2019 // An Edmond, Oklahoma, man has admitted to embezzling more than $755,000 from his employer and to tax fraud. Court documents show 74-year-old Odis Aubrey King admitted in a plea agreement that he wrote more than 200 company...
Sompo International Commercial P&C Promotes Gallagher to New Role of CEO
Apr 1 2019 // Sompo International Holdings Ltd. (SI), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Gallagher has been promoted to the newly created role of chief...
Assaults on Woman a Common Cause of Workplace Injuries
Apr 1 2019 // Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National Safety Council. The number...
Lloyd’s Issues Action Plan to End Sexual Harassment in Workplace Amid Recent Reports
Apr 1 2019 // In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t...
Wisconsin Manufacturer Again Cited for Workplace Hazards; Faces $188K in Fines
Mar 28 2019 // A wood pallet manufacturer in Beloit, Wisconsin, has been cited by workplace safety regulators for safety and health violations and now faces more than $188,000 in penalties. The U.S. Department of Labor’s...
Ohio Company Faces $1.3M in OSHA Penalties for Workplace Hazards
Mar 27 2019 // Federal safety officials have fined a metal heat treatment company based in Bowling Green, Ohio, $1,326,367 for exposing its employees to severe workplace hazards. The U.S. Department of Labor’s Occupational Safety...
Employers Using Robots to Catch Fraud in Expense Reports
Mar 26 2019 // It sounds like it should have been impossible to miss, but it took more than a year for an industrial equipment company to discover $12,000 worth of doggie day spa charges on an employee’s expense reports. Level upon...
Assaults Are Among Most Common Cause of Workplace Injuries for Women
Mar 20 2019 // Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National Safety Council. The number...
U.S. Commercial Insurance Prices Inched Up in Q4
Mar 18 2019 // U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under 2 percent on average compared to the same period in 2017,...
OSHA Scraps Obama Workplace Injury Reporting Rule; 6 States Sue
Mar 18 2019 // Citing a concern over potential public disclosure of sensitive worker information, the Occupational Safety and Health Administration (OSHA) recently eliminated a requirement for businesses with 250 or more employees to...
