Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Seeman Holtz Acquires Arizona-based Xponent Employer Solutions
Jan 29 2018 // Seeman Holtz Property & Casualty Inc. has acquired Xponent Employer Solutions in Scottsdale, Ariz. Terms of the deal were not disclosed. Xponent helps clients reduce the costs associated with payroll, employee...
Hartford Steam Boiler Launches HSB Cyber Suite for Mid-Sized Businesses
Jan 26 2018 // Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has introduced HSB Cyber Suite, a comprehensive cyber insurance coverage designed for small to mid-sized businesses and other...
Workplace Wellness Programs Are an Exercise in Futility, Latest Research Finds
Jan 26 2018 // Workplace wellness programs have two main goals: improve employees’ health and lower their employers’ health-care costs. They’re not very good at either, new research finds. For the study, 3,300 employees...
CNA Makes 3 Commercial Insurance Appointments
Jan 26 2018 // CNA announced three leadership appointments within the company’s Commercial Insurance organization. Michael Kirchgessner has been appointed to senior vice president, Underwriting for Large/Complex Casualty business....
RSA Taps Swiss Re’s Buckle to Lead Global Risk Solutions; Gibbs Promoted to Head Commercial Risk Solutions
Jan 25 2018 // RSA’s UK & International business has appointed Tony Buckle and Rob Gibbs as managing directors of Global Risk Solutions (GRS) and Commercial Risk Solutions (CRS), respectively. Tony Buckle will join RSA on Feb....
Beazley Adds Post-Breach Services to Cyber Coverage for Small, Mid-Sized Policyholders
Jan 24 2018 // Beazley has further enhanced its Beazley Breach Response (BBR) coverage for small and mid-sized policyholders in the U.S. In conjunction with Lodestone Security, a specialist advisory firm and wholly owned subsidiary of...
Rates for Commercial Lines Up Slightly in Q4: IVANS
Jan 22 2018 // The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change across commercial auto, business owners, general liability, and commercial property compared to Q3, but a drop...
For First Time in 7 Years, Outlook Improves for Commercial Lines: A.M. Best
Jan 22 2018 // Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. property/casualty industry...
New York State Employers Must Comply With New Paid Family Leave Law
Jan 22 2018 // By Bennett Pine New York Governor Andrew Cuomo has signed into law a phased-in system of paid family leave that became effective on Jan. 1, 2018, for New York employers. On the state level, New York becomes the fifth state...
Commercial Automobile Remains Sore Spot in P/C: A.M. Best
Jan 19 2018 // The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several...
How the U.S. Can Improve Workplace Injury and Illness Data
Jan 18 2018 // Federal agency officials involved in reducing work-related injuries and illnesses believe there is still a lot to learn about the relationship between work and injuries. According to the experts, the government needs...
Commercial lines deregulation is having a moment
Jan 16 2018 // Insurance long has had a reputation as one of the most conservative industries and that reputation is, in many ways, an earned one. Certainly in comparison to their financial services cousins in banking and securities,...
Most Commercial Insurance Rates Were Up Slightly in Q4: IVANS Index
Jan 11 2018 // The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change across commercial auto, business owners, general liability, and commercial property compared to Q3, but a drop...
New Hampshire’s SIAA Hires Carey to Business Insurance Advantage Program
Jan 10 2018 // Strategic Insurance Agency Alliance (SIAA), a Hampton, N.H.-based alliance of independent insurance agencies in the U.S., has hired Lizah Carey as a business insurance development specialist for its Business Insurance...
Wintaai Holdings Acquires Louisiana’s Stonetrust Commercial Insurance
Jan 8 2018 // Wintaai Holdings Ltd., a wholly-owned subsidiary of Chou Associates Management Inc., has completed its acquisition of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. Wintaai...
Commercial Lines Insurance Outlook Improves for 2018, Says A.M. Best
Jan 8 2018 // Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. property/casualty industry...
Workplace Fatalities Increase Again with Transportation as Top Fatality
Jan 8 2018 // There were 5,190 workplace fatalities reported in the U.S. in 2016, a 7 percent increase over the previous year. According to the Bureau of Labor Statistics’ Census of 2016 Fatal Occupational Injuries, the fatal...
Swan Joins ONI Risk Partners as Commercial Risk Adviser in Indiana
Jan 5 2018 // ONI Risk Partners in Evansville, Indiana, has added Dave Swan as a commercial risk adviser. Swan focuses on the identification, assessment, and management of the overall impact and cost of risk to his mid-to-large...
Trump Rule Permits Health Plans by Self-Employed, Small Businesses That Skirt Obamacare
Jan 5 2018 // The Trump administration on Thursday proposed a rule to allow Americans who are self-employed or work for small businesses to buy health insurance that does not comply with all Obamacare requirements in an effort to unwind...
Kentucky Sees Decline in Workplace Accidents, Fatalities
Jan 3 2018 // The Kentucky Labor Cabinet says workplaces in Kentucky have recorded the lowest rate of nonfatal incidents in state history. The most recent data from the U.S. Bureau of Labor Statistics is for 2016. It says...
