Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Don’t Let Time Run Out on Your Employer Clients
Jun 4 2018 // “Time is on my side. Yes it is.” — The Rolling Stones Time might be on Mick Jagger’s side. But if your client is an employer with 10 or more employees, then the question as to whether time is on its...
How to Succeed in Today’s Small Business Insurance Market
May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
California Commissioner: Insurers Pocketing Comp Profits, Not Passing Savings to Employers
May 29 2018 // California Insurance Commissioner Dave Jones on Tuesday adopted a revised workers’ compensation insurance advisory pure premium rate by lowering the benchmark to $1.74 per $100 of payroll for workers’ comp. The...
The Lowdown: The Long & Short of Marine Employers Liability Coverage
May 29 2018 // Need to brush up on marine employers liability coverage? Our sponsor, Worldwide Facilities, has prepared a paper on the ins and outs of marine coverage. This paper explains the differences between Longshore and Harbor...
More Large Employers Add Financial Wellness Tools to Benefits Menu
May 24 2018 // Study after study shows that money stress can be as bad for workplace productivity as back pain. The latest study, released by PwC on Tuesday, found that a quarter of U.S. workers said financial worries caused them health...
Cybersecurity Professional Deploys Insurtech to Simplify Small Business Cyber Market
May 23 2018 // A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker. “I wanted to solve...
Supreme Court Pro-Arbitration Ruling a Big Win for Employers
May 22 2018 // The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for...
Missouri Employers Mutual Awards $800K in Workplace Safety Grants
May 22 2018 // Workers’ compensation insurer, Missouri Employers Mutual has awarded the company’s fourth round of safety grants to Missouri businesses this month to help them take the next step toward improving workplace...
Supreme Court Backs Employers on Forced Arbitration, Limiting Employee Class Actions
May 21 2018 // A divided U.S. Supreme Court ruled that employers can force workers to use individual arbitration instead of class-action lawsuits to press legal claims. The decision potentially limits the rights of tens of millions of...
Few Employers Take New Actions to Curb Sexual Harassment
May 21 2018 // Despite the recent spotlight on workplace sexual harassment issues, few employers have taken action to prevent and/or address sexual harassment concerns in the workplace, according to a survey of employees by the American...
N.J. Manufacturer Faces More Than $435K in Penalties for Workplace Safety Failures
May 21 2018 // New Jersey plastics manufacturer Douglas Stephen Plastics Inc. has been cited for exposing employees to safety and health hazards at its Paterson, N.J., facility. It faces penalties of $435,679. The U.S. Department of...
Fitch Sees Small Profit But Still Negative on U.S. Commercial Lines Outlook
May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report. Still, Fitch is...
Global Commercial Insurance Prices Rose in Q1: Marsh
May 18 2018 // Following four-and-a-half years of price decreases, global commercial insurance prices rose, on average, for the second consecutive quarter. This was largely driven by property insurance pricing, which continued to be...
Commercial Auto Insurers Catching Up with Telematics
May 17 2018 // Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space. Powered by InsuranceJournal.tv According to Zach Schmiesing, director, Commercial Lines,...
Texas Calls for 2017 Commercial Property, Businessowners Premium Data
May 15 2018 // The Texas Department of Insurance has issued a special data call to companies writing direct commercial property or businessowners insurance in Texas catastrophe areas during calendar year 2017. The data call is necessary...
NFL Cheerleaders Could Test Joint Employer Liability Rule
May 11 2018 // The NFL’s cheerleader problems are back. The New York Times reported Wednesday that cheerleaders for the Washington franchise were made to pose topless for season ticket holders in Costa Rica in 2013. Earlier this...
Top 10 Causes of Serious Workplace Injuries: Liberty Mutual Index
May 11 2018 // The U.S. workplace is getting safer but the cost of the most serious workplace injuries is rising, according to the findings of the most recent Liberty Mutual Workplace Safety Index. The number of the most serious...
West Virginia Roofing Company Fined $57K for Workplace Safety Violations
May 7 2018 // A roofing company in West Virginia has been assessed $57,600 in proposed fines for workplace safety violations. The Charleston Gazette-Mail reports the Occupational Safety and Health Administration cited Master Roofers and...
Commercial Insurance Renewal Prices Rose in April Except for Workers’ Comp: IVANS
May 7 2018 // Last month, major commercial lines insurance renewal premiums continued their upward trend except for workers’ compensation, which remains in negative territory for the year, according to the latest IVANS...
Small Businesses Hampered by Uninsured Losses After 2017 Hurricanes: Fed Reserve
May 7 2018 // Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires in 2017, according to a Federal Reserve survey published in April. The...
