Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
6 Small Businesses Share Disaster Recovery Stories
Aug 31 2018 // As small business owners in Hawaii and California clean up following Hurricane Lane and wildfires, they’ll find there’s no one formula for recovery. The same disaster can devastate businesses in divergent ways...
Indiana Sees Decline in Workplace Injuries
Aug 27 2018 // Work is getting safer in Indiana, with employment-related injuries hitting an all-time low. The (Northwest Indiana) Times reports that recently released federal statistics from 2016 show the state hit an all-time low that...
Investors Betting on Workplace Medical Clinics to Help Employers Contain Costs
Aug 23 2018 // A group of investors is putting up $165 million to fuel an expansion of Paladina Health, bringing a recent surge of private funds flowing into companies that run primary-care clinics to more than a half-billion...
Commercial Lines Premiums Up 2% in Q2: CIAB Survey
Aug 23 2018 // The trend of increasing commercial insurance premiums that began in the fourth quarter of 2017 continued last quarter. Average premiums across all sized accounts increased by 1.5 percent in Q2, according to The Council of...
Ohio Work Comp Bureau to Distribute $1.1M in Grants to Fire Depts.; $1.2M to Employers
Aug 20 2018 // Through a program to protect firefighters from carcinogens and other harmful health hazards encountered by firefighters during their daily work activities, the Ohio Bureau of Workers’ Compensation (BWC) will...
When Small Business Needs Specialty Insurance
Aug 20 2018 // Small business used to be associated with small exposures — simple business risks addressed with simple insurance products. However, changing customer needs and expectations, technology advancements, new regulations...
ACORD Launches Data Toolkit for London Market Reinsurance, Big Commercial Risks
Aug 17 2018 // ACORD, the global standards body for the insurance industry, has launched an Adoption Toolkit to support the application of data standards for global reinsurance and large commercial risks in the London market. “The...
Aon Names Wanat U.S. Commercial Lines Broking Chief
Aug 17 2018 // Global broker has appointed Brian Wanat as chief broking officer of U.S. Commercial Risk Solutions. In his new role, Wanat will have direct management responsibility for Financial Services Group, National Property,...
New Hampshire Woman Sentenced for Defrauding Employer of $70K
Aug 13 2018 // A New Hampshire woman has been sentenced to five years of probation for defrauding her Vermont employer of more than $70,000. The U.S. Attorney’s Office says 29-year-old Katie Stygles was sentenced after she pleaded...
Swiss Re Corporate Taps Grabowski to be Head of Middle Market Casualty
Aug 10 2018 // Swiss Re Corporate Solutions has named Chris Grabowksi as head of Middle Market Casualty, responsible for overseeing a team of middle market underwriters across North America and working with brokers and clients. Based in...
Global Commercial Insurance Prices Rise for 3rd Consecutive Quarter: Marsh
Aug 10 2018 // Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh’s “Global Insurance Market Index.” These average increases...
Texas’ Murex Petroleum Sued for Allowing Racial Harassment, Hostile Workplace
Aug 9 2018 // A Texas-based oil and gas company, operating in Tioga, N.D., violated civil rights law by subjecting an African-American employee to a hostile work environment based on his race, the U.S. Equal Employment Opportunity...
Ohio Manufacturer Faces $331K in Fines for Excessive Noise, Other Workplace Hazards
Aug 6 2018 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Polystar Inc. – doing business as Polystar Containment – for exposing employees to excessive noise after 12...
AF Group Drives into Commercial Auto with Fundamental
Aug 6 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company, Fundamental...
Texas Countertop Maker Faces $318.6K in Fines for Workplace Hazards
Jul 31 2018 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Tyler, Texas-based Berry Marble Company Inc. – doing business as U.S. Granite – for exposing employees to machine...
Hartford’s Q2 Results Reflect Big Commercial Lines Gain
Jul 27 2018 // The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 million in second...
Missouri Employers Mutual’s Walleck Named to NCCI Underwriting Committee
Jul 19 2018 // Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on...
U.S. Labor Judge Nixes McDonald’s Deal to Avoid Joint Employer Tag
Jul 18 2018 // A judge with a U.S. labor agency on Tuesday rejected McDonald’s Corp.’s proposed settlement of a major case on whether the fast-food company is accountable for alleged labor law violations by franchisees across...
Massachusetts Woman Pleads Guilty to Stealing about $2.7M from Employer
Jul 12 2018 // A Massachusetts woman has pleaded guilty to stealing about $2.7 million from her former employer. Federal prosecutors say 57-year-old Debra Mulloy, of Milford, pleaded guilty on Tuesday to aggravated identity theft and...
More Employers Adopting Continuous Background Checks on Employees
Jul 12 2018 // Jay Cradeur takes pride in his 4.9 driver rating on Uber Technologies Inc.’s five-star scale and the almost 19,000 rides he’s given in the capital of ride sharing, San Francisco. So he was puzzled — and...
