Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Lindemann to Retire as President, COO of CNA Commercial Insurance
Dec 22 2014 // Chicago-based CNA Financial Corp. announced the retirement of Robert Lindemann, president and chief operating officer of CNA Commercial — a $3.5 billion commercial property and casualty business — effective Dec. 31,...
McDonald’s Is Joint Employer with Franchisees: National Labor Board
Dec 21 2014 // McDonald’s Corp. wields enough control over its franchisees that it should be jointly responsible for the working conditions of their employees, according to charges by the U.S. labor board critics say threatens to...
Wyoming Workplace Fatality Bill Endorsed by Lawmakers
Dec 18 2014 // Lawmakers have advanced a proposal that would sharply increase penalties when employee deaths occur because of safety violations at large companies in Wyoming, which has long been among the top states for workplace...
Hub Names Gervang SVP, Manager of Commercial Risk in California
Dec 16 2014 // Hub International Insurance Services Inc. named James Gervang senior vice president and manager of the commercial risk division in Mountain View, Calif. In addition to his commercial risk division management role, Gervang...
Zepnick Named Upper Midwest Region VP for Liberty Mutual Business Insurance
Dec 15 2014 // Timothy Zepnick has been appointed regional vice president for business insurance in Liberty Mutual Insurance’s upper Midwest region. Timothy Zepnick Zepnick will be based in Waukesha, Wis., and is responsible for...
San Antonio’s Ridesharing Rules Include Commercial Insurance Requirement
Dec 15 2014 // San Antonio has become the latest Texas city to approve rules for regulating ridesharing companies such as Lyft and Uber. The San Antonio City Council approved regulations that require commercial insurance, fingerprint...
Wyoming Needs More Workplace Inspections, Official Says
Dec 11 2014 // Wyoming needs to hire more workplace safety inspectors and allow police to pull over and ticket drivers not wearing their seat belts, the state’s outgoing workplace safety epidemiologist said. Wyoming had the worst...
EPIC in California Adds Dawson, Greenstein, Gaffney to Employer Services Platform
Dec 11 2014 // Shelley Dawson, Jon Greenstein and John Gaffney have joined Edgewood Partners Insurance Center in San Francisco. All will assume leadership roles in EPIC’s employer services platform, which provides a wide range of...
Indiana Records New Low in Workplace Injuries, Illnesses
Dec 10 2014 // Indiana officials say nonfatal workplace injuries and illnesses across the state fell to the lowest rate on record with 3.8 per 100 full-time workers last year. The Indiana Department of Labor says the annual rate improves...
Commercial Insurance Hits Pricing Lull in Q3: Towers Watson
Dec 9 2014 // Commercial insurance prices grew on average about three percent in the 2014 third quarter compared to the previous year. That matched last quarter’s uptick and halted more than a year of consecutively falling...
Rate of Workplace Injury, Illness in Texas Dropped Slightly in 2013
Dec 8 2014 // The Texas incidence rate of nonfatal injuries and illnesses in private industry decreased to 2.6 cases per 100 equivalent full-time workers in 2013, down from 2.7 in 2012. The Texas rate is below the national rate of...
ACE Westchester Extends Its Product Recall Insurance to Small Businesses
Dec 5 2014 // ACE Westchester has launched ACE Recall Plus for Small Business, a product that offers product recall coverage and crisis management services to the small business market segment. The move follows an increase in the...
ACE Commercial Risk Launches Small Business Vacancy Protection
Dec 3 2014 // ACE Commercial Risk Services has launched new Vacant Building and Vacant Land insurance products for select small businesses to address the potential risks harbored within unoccupied properties. The products include an...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Small Business Insurance Market Primed for Consolidation
Dec 1 2014 // If heavy competition breeds consolidation, then the property/casualty small business insurance market is ripe for it in the coming years. Both large and small insurers devote lots of attention to the space, but no single...
Liberty Mutual Offers Cyber Cover for Small, Mid-Sized Businesses
Nov 30 2014 // Liberty Mutual Insurance has launched cyber coverages on its commercial package products and monoline general liability policies for small- to mid-sized businesses. The new Data Security endorsement provides four optional...
Workplace Wellness Battle Could Jeopardize Firms’ Support for Obamacare
Nov 30 2014 // Leading U.S. CEOs, angered by the Obama administration’s challenge to certain “workplace wellness” programs, are threatening to side with anti-Obamacare forces unless the government backs off, according...
AssureStart Online Small Business Insurance Now Sold in California
Nov 24 2014 // AssureStart, a Seattle-based online small business insurance provider, is now open for business in California. AssureStart sells business property and general liability insurance on the Internet to small businesses with...
Nationwide, Hartford Steam Boiler Offer Cyber Cover for Small Business Owners
Nov 24 2014 // As more than half of all U.S. small businesses have experienced a data breach, Nationwide has joined forces with Hartford Steam Boiler (HSB) to offer cyber insurance coverage for small business owners. The services and...
Small Business Insurance Market Primed for Consolidation
Nov 18 2014 // If heavy competition breeds consolidation, then the property/casualty small business insurance market is ripe for it in the coming years. Both large and small insurers devote lots of attention to the space, but no single...
