Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Maryland’s Chesapeake Employers’ Insurance Company Hires Quinn
Dec 28 2017 // Chesapeake Employers’ Insurance Company, a Towson, Md.-based workers’ compensation specialist, has hired Danielle Quinn as a pharmacist case manager. In this role, Quinn is responsible for managing the Pharmacy...
New York State Employers Must Comply With New Paid Family Leave Law
Dec 27 2017 // New York Governor Andrew Cuomo has signed into law a phased-in system of paid family leave that will become effective on January 1, 2018, for New York employers. On the state level, New York becomes the fifth state...
Workplace Fatalities Continue to Increase, with Transportation Incidents #1 Cause
Dec 27 2017 // There were 5,190 workplace fatalities reported in the U.S. in 2016, a seven percent increase over the previous year. According to the Bureau of Labor Statistics’ Census of 2016 Fatal Occupational Injuries, the fatal...
Employers, Workers’ Compensation Carriers Eye Trend in Telehealth: Telerehab
Dec 21 2017 // Though employers and workers’ compensation insurers have been utilizing telemedicine for quite some time, there’s been a recent uptick in interest surrounding virtual physical therapy, also known as...
Alera Group Acquires Illinois’ Hallberg Commercial Insurers
Dec 19 2017 // Deerfield, Illinois-based employee benefits, property/casualty, risk management and wealth management firm, Alera Group, has acquired Hallberg Commercial Insurers Inc. in Oakbrook, Illinois. Hallberg Commercial provides...
UK Employers Plan Hiring Despite Brexit Worries
Dec 19 2017 // British employers plan to hire more workers and raise pay more quickly in 2018, but they also fear that Brexit will make the country a less attractive place to do business, a survey showed on Tuesday. Fifty-one percent of...
Chubb Names Booker Major Commercial Lines Property Accounts Senior VP
Dec 19 2017 // Chubb has named Matt Booker, as senior vice president, Major Accounts Property, in the United States. In this capacity, he will have responsibility for underwriting, strategy, production, product development, management,...
Businesses to Receive Workplace Safety Grants from Missouri Employers Mutual
Dec 18 2017 // Workers’ compensation insurer, Missouri Employers Mutual (MEM), has announced a third round of safety grant recipients after awarding safety grants to 37 Missouri businesses previously. Safety grants help Missouri...
CVS-Aetna Merger Will Influence Employers’ Benefits Decisions: Aon
Dec 18 2017 // CVS Corp.’s proposed purchase of Aetna Inc. will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found. CVS, the...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 18 2017 // Overall customer satisfaction with large commercial insurers increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the J.D....
Trump’s Labor Board Overturns Obama ‘Joint Employer’ Rule
Dec 15 2017 // A U.S. labor board on Thursday overturned an Obama-era ruling that had made it easier for unions and workers to hold companies accountable for practices of contractors and franchisees, a decision welcomed by business...
Arrowhead Expands Its New Small Business Underwriting Staff
Dec 14 2017 // San Diego, CA, December 14, 2017 – Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the addition of Alan Nelson as West region leader of Arrowhead Core Commercial. Al comes to Arrowhead with over 30...
Why Publishing Policies Against Workplace Sexual Harassment Is Not Enough
Dec 12 2017 // Sexual misconduct happens at work not because companies don’t publish anti-harassment policies, experts say, but because managers don’t enforce them – and because people fail to apply them to...
Commercial Insurance Prices in U.S. Stayed Flat in Q3: Willis Towers Watson
Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...
Indiana Fines Rural King $14K for Alleged Workplace Safety Violations
Dec 7 2017 // Indiana state regulators have fined farm supply chain Rural King $14,000 for alleged safety violations at a southern Indiana warehouse. The Indiana Occupational Safety and Health Administration issued a Nov. 30 order that...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 7 2017 // Overall customer satisfaction with large commercial insurers has increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the...
USI Completes Acquisition of Wells Fargo Commercial Insurance Business
Dec 4 2017 // USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting,...
Global Commercial Insurance Rates Decrease Again: Marsh
Dec 4 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Dec 4 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit
Nov 30 2017 // Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit. He will be responsible for further...