Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Rarely-Used Emergency Workplace Rule Is Key to Biden Vaccine Plan
Sep 15 2021 // U.S. President Joe Biden’s plan requiring more than 100 million Americans to get vaccinated against COVID-19 relies on a rarely used workplace rule with a history of being blocked in court, making it an inviting...
Most Commercial Lines Continuing to Win Healthy Price Increases
Sep 14 2021 // While aggregate U.S. commercial insurance price hikes continue to moderate, most lines are still producing robust price increases, according to Willis Towers Watson. Excess/umbrella produces significant price increases...
Beyond the Headlines: Workplace Violence and Workers Compensation Claims
Sep 9 2021 // Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific cause of loss constitutes a covered event under the terms of that policy. When workers...
Employers Watching Cases of Colleges, Teachers with Disabilities Over Remote Work
Sep 8 2021 // A legal battle is brewing over remote work between administrators at U.S. colleges committed to in-person classes and some faculty with disabilities. Experts warn it is a precursor of what awaits employers that order staff...
Commercial Auto Insurance Profitability Still Way Down the Road: S&P
Sep 8 2021 // U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery. According to a Standard & Poor’s Global Ratings...
Riding the Commercial Lines Price Wave
Sep 6 2021 // There’s no question that commercial lines premiums have accelerated growth in independent agencies during the past two years. Insurance Journal’s Top 100 agencies in total reported generating nearly $8 billion...
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
Sep 6 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According...
Insuring Commercial Drones: Liability or Opportunity?
Sep 6 2021 // Developments in drone technology are often heralded as having the potential to change the landscape of business operations, most prominently in the consumer goods shipping sector. Yet, the development of federal regulation...
What’s an Employer to Do If Workers Avoid COVID Vaccine?
Sep 3 2021 // What can employers do if workers avoid COVID-19 vaccines? They can require vaccination and fire employees who don’t comply, or take other actions such as withholding company perks or charging extra for health...
German Labor Chief Says Employers Can’t Ask About Employees’ Vaccine Status
Sep 1 2021 // German companies will not be granted the right to find out whether their employees are vaccinated against COVID-19, although provisions could be made for some particularly risky workplaces, the labor minister said on...
Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber
Aug 27 2021 // Cyber insurance platform Sayata has raised $17 million in new venture capital and plans to expand to offer more specialty coverages. The startup’s platform automates the quote and bind process to help wholesale...
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
Aug 24 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According...
OSHA Urges Employers to Require Vaccinated Workers to Wear Masks
Aug 16 2021 // The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, amid a surge in COVID-19...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return
Aug 16 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
Employers Get Religion With Vaccine Mandates
Aug 12 2021 // As coronavirus infections rise again, U.S. companies mandating vaccinations are confronting an uncomfortable question rarely asked by an employer – what is an employee’s religious belief? Google’s parent...
Biden Administration Examining How Far Employers Can Go in Mandating Vaccines
Aug 9 2021 // The Biden administration is examining what authority businesses have to mandate vaccines, a top U.S. official told Reuters on Friday, as it considers what more steps can be done to halt the spread of COVID-19. “We...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return
Aug 6 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses
Aug 2 2021 // DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua Browder. The firm raised $10...
Pressure on Workers to Get Vaccine Grows as Patience Runs Thin for U.S. Employers
Jul 28 2021 // As a resurgence in Covid-19 cases prompts more U.S. employers to require vaccinations, workers who object face a common response: Get a shot or get another job. In the past six weeks alone, a federal judge in Texas...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh
Jul 28 2021 // Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far from their peak at the end of 2020, according to a new Marsh report. The Q2 numbers reflect...
