Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Cost of Most Serious Workplace Injuries Falls: Liberty Mutual
Jan 20 2017 // Workplace injuries and accidents that cause employees to miss six or more days of work cost U.S. employers $59.9 billion in 2014, the most recent year for which statistically valid injury data are available, according to...
Universal Group Taps McCoy to Lead Arizona Business Unit
Jan 20 2017 // Universal Group LTD, based in Omaha, Neb., has named Mike McCoy as president of its newly formed business unit in Arizona. Based in Phoenix, McCoy will serve as agency principal in charge of sales and marketing for...
6 Key Trends in Workplace Litigation for 2017
Jan 13 2017 // The environment for employment litigation has more than ever been shaped by Supreme Court judges and settlements for wage and hour class actions rose in 2016 while those for other employment-related claims fell, according...
Beazley, VALE Partner on Environmental Coverage for Small, Mid-Sized Firms
Jan 9 2017 // Beazley has partnered with managing general agency VALE Insurance Partners to offer its environmental cover to US-domiciled firms with revenues of up to $15 million. VALE will offer the full suite of Beazley environmental...
Data Breach: A Wide Coverage Gap for Small Business
Jan 5 2017 // Based on what we see in the trade press, it would appear most large businesses in the U.S. are addressing their exposure to data breaches in some way. But what about the small, Main Street businesses such as those we write...
Groups Suing Seattle over Voter-approved Hotel Workplace Safety Measure
Dec 28 2016 // Seattle is being sued over a voter-approved measure requiring new workplace protections for hotel workers. The American Hotel and Lodging Association, Washington Hospitality Association and Seattle Hotel Association say...
USI Names Lang Commercial Insurance Leader in Southern California
Dec 21 2016 // USI has named Jeff Lang practice leader for the Southern California commercial insurance division. Lang is based in USI’s Woodland Hills regional office. He will focus on growth strategies, client service and...
What Drives Satisfaction in Large Commercial Insurance Market?: J.D. Power
Dec 19 2016 // The profitability of an insurance company and the quality of advice given by an insured’s insurance broker make the most difference in customer satisfaction for commercial insurance, a new study revealed. According...
D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable
Dec 19 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall. The latest Willis Towers...
State Marijuana Laws Are Changing But Employer Attitudes, Federal Law Aren’t
Dec 14 2016 // Changing marijuana laws aren’t necessarily making weed more welcome in the workplace. For now, many employers appear to be sticking with their drug testing and personal conduct policies, even in states where...
Chubb Appoints Updyke to Lead Commercial Insurance Operations
Dec 13 2016 // Chubb, the world’s largest publicly traded property and casualty insurance company, has appointed Jeffrey Updyke as regional manager for the Northeast and Mid-Atlantic Regions of the company’s commercial...
D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable
Dec 13 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall. The latest Willis Towers...
Insurers’ Financial Strength, Brokers’ Expertise Drive Satisfaction in Large Commercial Market: J.D. Power
Dec 5 2016 // The profitability of an insurance company and the quality of advice given by an insurance broker makes the most difference when it comes to customer satisfaction for commercial insurance, a new industry study...
Too Often, Small Businesses Learn Insurance Lessons After Disaster Strikes
Nov 28 2016 // A fire at the gun shop next door never reached Kathy Laurienti’s sausage and specialty food store, but the water and smoke damage was enough to shut her business down. Because Laurienti didn’t have enough...
Small Business Insurance Site CoverWallet Pulls In $7.8 Million in Funding
Nov 17 2016 // Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by Union Square Ventures, bringing its total raised to date to $9.5 million. In addition to Union...
Starr Launches Site Selling Directly to Small Businesses
Nov 17 2016 // Starr Companies has joined a growing roster of insurers selling insurance directly to small business owners online with its launch of Starr Insure. The new digital agency currently offers property/casualty business owner...
RSA Restructures UK Commercial Lines Operation; Names CUO for UK & Int’l
Nov 16 2016 // London-based RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for the UK & International region. Effective...
Arkansas Company Fined Nearly $125K for Repeat Workplace Hazards
Nov 9 2016 // Federal safety officials have cited Bekaert Corp. in Van Buren, Arkansas, after an employee suffered an amputation while trying to untangle moving wire at an Arkansas facility that manipulates and coats steel products. An...
Connecticut’s Business Risk Partners Hires Bizzoso and Landaverde
Nov 8 2016 // Business Risk Partners (BRP), a specialty underwriter and program administrator based in Windsor, Conn., hired Greg Bizzoso as an E&O product manager and team leader for miscellaneous professional liability (MPL) and...
Amazon Drivers Deliver ‘Joint Employer’ Claims Against E-commerce Giant
Nov 4 2016 // Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked for...
