Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Pie Insurance Expands Workers’ Comp Coverage to Small Businesses in Missouri
Mar 4 2020 // Pie Insurance, an insurtech offering workers’ compensation insurance to small businesses, has expanded its workers’ compensation insurance offering to Missouri. The addition increases Pie’s coverage area...
Texas Insurer Hallmark Financial Exiting Binding Primary Commercial Auto Business
Mar 3 2020 // Citing loss development for prior underwriting years, Dallas-based specialty property/casualty insurer Hallmark Financial Services Inc., is exiting its Binding Primary Auto business. The commercial auto product the company...
Nationwide, Generali Form Joint Venture N2G to Sell Multinational Commercial Lines
Feb 27 2020 // Trieste, Italy meet Columbus, Ohio. Ciao! Hello! Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up to serve commercial insurance customers with global needs. The insurers...
Board Finalizes Rule Scaling Back Joint Employer Liability for Franchisees, Contractors
Feb 25 2020 // A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard...
Small Businesses Hope Employees Like Wellness Benefits Enough to Stay
Feb 24 2020 // Every month, the 30 staffers at Chris Boehlke’s public relations firm each get $100 to pay for anything that contributes to their wellness. And not just for typical expenditures like gym memberships or yoga...
Why Comparing Drug Prices Drops Costs for Employers and Patients
Feb 24 2020 // A University of California at Berkeley study has found that a “reference pricing model” — comparing brand name and generic medications and adjusting co-pays to encourage patients to choose the lowest cost...
RLI to Offer Samsara IoT Loss Control Services to Trucking, Commercial Auto Clients
Feb 19 2020 // RLI Transportation, a division of RLI Insurance Company, has partnered with Samsara, an industrial IoT company that provides sensors and software to manage vehicle fleets and industrial operations. The partnership will...
Missouri Man Sentenced for Stealing Almost $4M from Former Employer
Feb 14 2020 // A Kirkwood, Mo., man has been sentenced to 48 months in federal prison and ordered to pay approximately $3.8 million in restitution after being convicted of stealing that amount from his former employer, the U.S....
AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.
Feb 14 2020 // AssuredPartners Inc. has acquired Nevada West Business Insurance Agency Inc. in Las Vegas, Nev. The team of five will remain under the operational leadership of Jeff Maren. Terms of the deal weren’t disclosed. Nevada...
Wisconsin’s Integrity Names Messerschmidt as Commercial Lines Underwriting Manager
Feb 13 2020 // Integrity Insurance, a property & casualty carrier headquartered in Appleton, Wisconsin, has promoted Lisa Messerschmidt to commercial lines underwriting manager. Messerschmidt will be responsible for leading a group...
Louisiana Small Business Protection Act Now in Effect
Feb 12 2020 // Louisiana’s Small Business Protection Act (SBPA), passed in the 2019 Legislative Session and effective as of Feb. 1, aims to help make small business owners aware of proposed regulations that could negatively impact...
How Comparing Drug Prices Lowers Costs for Employers and Patients
Feb 12 2020 // A University of California at Berkeley study has found that a “reference pricing model” — comparing brand name and generic medications and adjusting co-pays to encourage patients to choose the lowest cost...
Global Commercial Insurance Prices Increase 11% in 4th Quarter 2019: Marsh
Feb 12 2020 // Global average commercial insurance prices increased 11% in the fourth quarter of 2019, according to the Global Insurance Market Index released by insurance broker Marsh. The fourth quarter rise in prices was the largest...
How Costs for Obesity in Workplace Vary by Industry
Feb 11 2020 // Although obese employees incur higher direct and indirect costs, the extent of obesity-related costs tends to be lower in some industrial sectors than others— including healthcare, reports a study in the February Journal...
Top Workplace Discrimination Claims
Feb 10 2020 // Top Workplace Discrimination Claims Retaliation is again the number one discrimination charge filed with the Equal Employment Opportunity Commission (EEOC), followed by disability, race, sex and age. Each year the EEOC...
Workplace-Related Deaths on the Rise in Connecticut
Feb 7 2020 // The number work-related deaths in Connecticut in 2018 was the highest it’s been since 2010, according to the state Department of Labor. The agency said 48 people lost their lives to work-related injuries in 2018, the...
Berkshire Hathaway GUARD Expands Commercial Package Coverage Into Michigan
Feb 6 2020 // Berkshire Hathaway GUARD Insurance Companies has added Michigan to the list of states where the insurer offers its Commercial Package Policy. The product includes commercial property featuring limits up to $120 million per...
Top Workplace Discrimination Claims
Jan 28 2020 // The Equal Employment Opportunity Commission (EEOC) has detailed breakdowns for the 72,675 charges of workplace discrimination the agency received in fiscal year 2019. The FY 2019 data show that retaliation continued to be...
Colorado Lawmakers Want to Toughen Workplace Harassment Protections
Jan 27 2020 // A proposal to rewrite Colorado’s rules for workplace harassment claims is expected to be introduced soon at the state capitol. It would change things for employers by limiting the use of confidentiality agreements in...
Commercial Air Travel Passenger Death Rate Continues to Decline: MIT Study
Jan 27 2020 // It has never been safer to fly on commercial airlines, according to a new study by an MIT professor that tracks the continued decrease in passenger fatalities around the globe. The study finds that between 2008 and 2017,...
