Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Hinterland Insurance Names Mohmoud Bondugjie AVP, Restructures Commercial Divisions
Mar 12 2025 // DENVER, Mar. 12 2025 — Hinterland Insurance (Hinterland) has announced the appointment of Mohmoud Bondugjie as the new Assistant Vice President of General Commercial, a strategic move aligned with the company’s...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS
Mar 11 2025 // U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
Viewpoint: A Review of California’s Workplace Violence Prevention Law
Mar 10 2025 // Workers’ compensation insurers and California employers alike have faced new responsibilities for employee safety from July 1, 2024, when legislation aimed at reducing workplace violence took effect. Now that the law...
Preventing Workplace Violence Not One-Size-Fits-All Exercise: Risk Management Experts
Mar 10 2025 // Businesses are now required to implement robust workplace violence prevention plans in California under a new law that became effective in July 2024. But risk management experts warn that compliance needs to be more than a...
Justice Department Launches Hostile Workplace Probe into University of California
Mar 6 2025 // The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses. The investigation, being...
Ohio to Cut Private Employer Workers’ Comp Rates by 6%
Mar 4 2025 // The Ohio Bureau of Workers’ Compensation board of directors announced a 6% rate cut for private employees effective July 1, 2025. The reduction follows a 7% rate cut for private employers last year. Ohio’s...
People Moves: Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance
Feb 27 2025 // This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here. Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe Beazley, the...
People Moves: The Liberty Company Names Martine VP, Producer; LP Names Santoni Director Commercial Lines
Feb 27 2025 // Martine Joins The Liberty Company as VP, Producer Derrick Martine The Liberty Company named Derrick Martine vice president, producer, employee benefits in its Irvine, California, office. At Liberty, Martine consults with...
Pennsylvania’s NSM to Sell Commercial Insurance Division to Investment Firm
Feb 25 2025 // New Mountain Capital, an investment firm, has agreed to buy the commercial insurance division of Pennsylvania-based NSM Insurance Group. The firms said in a news release that the deal is expected to close in the next 45...
Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh
Feb 24 2025 // Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024—marking the second consecutive quarterly decrease after seven years of rising rates, according to the Global...
People Moves: Chesapeake Employers’ Insurance Names Swartz Chief Growth Officer
Feb 21 2025 // Jodi M. Swartz Chesapeake Employers’ Insurance Company, headquartered in Towson, Maryland, named Jodi M. Swartz as the company’s senior vice president and chief growth officer. Swartz has more than 20 years of...
EEOC Says It’s Going After ‘Anti-American Bias’ in the Workplace
Feb 20 2025 // The U.S. Equal Employment Opportunity Commission said it will enforce antidiscrimination laws against employers that “illegally prefer non-American workers.” In a Feb. 19 announcement EEOC’s Andrea Lucas,...
People Moves: Encova Insurance Appoints Two Commercial Lines Leaders
Feb 18 2025 // Dawn Colavecchi Encova Insurance, headquartered in Columbus, Ohio, appointed Dawn Colavecchi as commercial lines regional vice president, and Todd Becker as vice president, commercial underwriting office, workers’...
Renewal Rates Up YOY for All Commercial Lines Except Workers Comp: Ivans
Feb 14 2025 // Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index. Month over month, commercial auto, business...
WDIS Launches Wildfire Only Coverage for E&S Commercial Property in California
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh
Feb 5 2025 // Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 – marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global...
Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market
Feb 5 2025 // Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a...
Killed Florida TV Reporter’s Parents Sue His Employer, Charter Communications
Jan 31 2025 // ORLANDO, Fla. (AP) — The parents of a local TV journalist who was fatally shot while reporting on a killing in central Florida in 2023 have filed a negligence lawsuit against their son’s former employer, claiming...
As Small Businesses Try to Recover from LA Fire Devastation, A Variety of Aid Exists
Jan 30 2025 // The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke. Raquel “Rockey” Smeir startedMy Friends Café in Sierra...
Commercial Lines Insurance: Understanding Coverage Essentials for Businesses
Jan 30 2025 // This post is part of a series sponsored by Darkhorse Insurance. Securing the longevity and prosperity of your business involves more than just daily operations; it requires a robust safety net in the form of commercial...