Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Survey: Louisiana Private Workplace Injury, Illness Numbers Unchanged in 2018
Jan 27 2020 // The Louisiana Workforce Commission reports that the incidence rate of work-related injuries and illnesses among Louisiana’s private sector employers was essentially unchanged in 2018, according to a recent Bureau of...
Liberty Mutual’s Irish Insurer Exits Several Lines Including Commercial Liability, Property
Jan 17 2020 // Liberty Insurance, the Irish subsidiary of Liberty Mutual Insurance Group, is exiting its commercial liability, commercial property and development bonds lines of business. Liberty will continue to provide services and...
Liberty Mutual Surety Launches Product Line for Small, Mid-Size Contractors
Jan 17 2020 // Liberty Mutual Surety has launched a new product line dedicated to contract transactional and small- to mid-sized surety business. Liberty Mutual Surety Plus is available through independent agents and serves contractors...
Little Change in Louisiana Employer-Reported Workplace Injuries, Illnesses in 2018
Jan 16 2020 // The Louisiana Workforce Commission reports that the incidence rate of work-related injuries and illnesses among Louisiana’s private sector employers was essentially unchanged in 2018, according to a recent Bureau of...
USI Names Gilbertson Commercial Lines Practice Leader in San Francisco
Jan 15 2020 // USI Insurance Services has named Peter Gilbertson commercial lines practice leader for the Greater San Francisco Bay Area. Gilbertson, who is based in San Francisco, will be responsible for leading a team of...
Russell Joins POWERS Insurance as Commercial Lines Account Manager
Jan 14 2020 // POWERS Insurance & Risk Management in St. Louis, Missouri, has hired Amy Russell as commercial lines account manager. Russell has more than 20 years of experience in the insurance and marketing industries. In this...
Perez Joins Atlanta-Based SIU’s Commercial P&C Team
Jan 14 2020 // Southern Insurance Underwriters, Inc. (SIU) has added Jose Perez to the Commercial Property and Casualty underwriting team. Perez comes to SIU with more than 20 years of experience in the insurance industry and a penchant...
Trump Administration Issues New Rule on Joint Employer Liability
Jan 13 2020 // The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ...
New Kentucky Governor Restores Workplace Safety Board
Jan 13 2020 // Kentucky Gov. Andy Beshear is restoring a workplace safety board that was abolished by former Gov. Matt Bevin. Beshear said on Friday the move to reestablish the 12-member Occupational Safety and Health Standards Board is...
How Technology Can Transform the Way Agencies Sell and Service Commercial Lines
Jan 13 2020 // Consumers are embracing digital purchasing habits, and that is creating new challenges for independent insurance agencies. At first these were only seen on the personal lines side of the business — in the forms of...
W.R. Berkley Names Levesque President of Preferred Employers; Gallacher Now Chairman
Jan 3 2020 // W. R. Berkley Corp. has appointed Dennis J. Levesque as president of its Preferred Employers Insurance subsidiary, a California specialty workers’ compensation writer. He succeeds Steven A. Gallacher, who has been...
Hanover Insurance Names Mitchell, Grieco to Key Commercial Lines Posts
Jan 3 2020 // The Hanover Insurance Group announced leadership appointments in its commercial lines business. Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for...
Commercial Lines Insurtech Bold Penguin Acquires E&S Brokerage Tech Platform xagent
Jan 2 2020 // Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines business insurance...
Commercial Airplane Crash Deaths Drop by More than 50% in 2019: Aviation Consultant
Jan 2 2020 // The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said on Wednesday. Aviation...
Why Small Business Liability Insurance Must Be Advanced Into the Digital Age
Dec 30 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
California ‘Gig’ Worker Law Affects Employers Inside and Outside the State
Dec 30 2019 // A California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing. The law puts tough...
Employers Warned of Potential Wage-and-Hour Claims Under New Overtime Rule
Dec 29 2019 // Time is running out for employers to familiarize themselves with new federal rules on overtime pay. Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first...
Wyoming Workplace Deaths Last Year Were Below Long-Term Trend
Dec 27 2019 // Thirty-one people died on the job in Wyoming in 2018, a rate slightly below average. Wyoming has averaged 33 workplace fatalities each year in data going back to 1992, according to the Wyoming Department of Workforce...
Underwriters and Insureds Taking Harder Look at Commercial Property Risks
Dec 24 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
Former NHL Player Dies of Injuries from Minnesota Workplace Accident
Dec 19 2019 // The family of former NHL player Scot Kleinendorst says he has died of injuries suffered in a workplace accident in northern Minnesota. Kleinendorst suffered severe brain trauma and numerous broken bones at UPM Blandin...
