Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Commercial Lines Rates Hardened in Q2: IVANS Index
Jul 11 2018 // The second quarter showed a general uptick in premium renewal rate change across the commercial insurance lines of business compared to the first quarter 2018. The upward movement was seen in commercial auto, general...
AF Group Drives into Commercial Auto with Fundamental Underwriters
Jul 11 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company — Fundamental...
Ironshore Forms Onshore Middle Market Energy Equipment Facility
Jul 10 2018 // Ironshore Insurance Services LLC has formed an energy equipment facility offering property and inland marine insurance coverage for onshore middle market classes of business in the U.S. Ironshore’s Syndicated Risk...
Planck Re, a Commercial Insurance Data Platform Startup, Raises $12M
Jul 6 2018 // Planck Re, a commercial insurance data platform startup, nailed down $12 million for its first formal financing. Arbor Ventures led the round, which also included Viola FinTech and Eight Roads. Plans call for the company...
Austin’s Employer Solutions Group Joins INSURICA
Jul 3 2018 // Insurance broker INSURICA, headquartered in Oklahoma City, has acquired employee benefits provider Employer Solutions Group (ESG), based in Austin, Texas. ESG operates throughout Texas under the leadership of Michael...
AFL Insurance Brokers Acquires Majority Stake in Employer Protection MGA
Jul 2 2018 // AFL Insurance Brokers Ltd. has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services Ltd., for an undisclosed sum. London-based Concordia was launched in...
Maine Employers Are Not Required to Reimburse Employees for Medical Marijuana Use
Jul 2 2018 // The Maine Supreme Court has ruled that employers in the state are not required to reimburse employees for their use of medical marijuana under the Maine workers’ compensation system because federal law preempts state...
Middle Market U.S. Manufacturers Predict Growth, Changing Risk as Technology Transforms the Industry: Report
Jul 2 2018 // The business climate for manufacturing in the U.S. has improved over the past few years, driving both revenue and employment growth for middle market manufacturers. But the industry is also experiencing a period of...
Missouri Bill Exempts Some Commercial Insurance From Rate Filing Requirement
Jul 2 2018 // Missouri’s General Assembly has passed, and the governor has signed, a bill that exempts some commercial insurance policies and endorsements from rate filing requirements. The legislative summary of SB 594 states...
More Employers Offering Paid Parental Leave Benefit
Jun 29 2018 // More than one in three U.S. employers offers paid maternity leave beyond the amount required by law, up from one in six earlier this decade, according to new data from the Society for Human Resource Management. All 20 of...
Some Big Employers Moving Away from High Deductible Health Plans
Jun 26 2018 // When Carla Jordan and her husband were hit with a cascade of serious medical issues, she knew that at least her family had health insurance through her job. What she didn’t realize was that even with that coverage, a...
Missouri Exempts Some Commercial Insurance Policies from Rate Filing Rules
Jun 25 2018 // Missouri’s General Assembly has passed, and the governor has signed, a bill that exempts some commercial insurance policies and endorsements from rate filing requirements. The summary of SB 594 on the legislative...
Chubb Adds Artisan Contractors Coverage to Small Business Online Platform
Jun 22 2018 // Chubb has introduced a new insurance product available to more than 60 classes of artisan contractors through its new digital platform – the Chubb Small Commercial Marketplace, which places and services small business...
Lewis Succeeds West as Leader of Chubb’s Mid-Market Commercial Lines; Rockwell Named Chief Underwriter
Jun 21 2018 // Chubb has appointed Paul Lewis North America Commercial Insurance Industry practice leader for its North American mid-market segment. He will be responsible for leading Chubb’s Commercial Insurance Industry practices...
Illnesses at Houston Workplace Blamed on Carbon Monoxide
Jun 20 2018 // About two dozen people have been treated for apparent carbon monoxide poisoning at a Houston food distribution center. Firefighters were summoned to the center along the city’s Produce Row after workers reported...
Small Businesses That Ignore Lessons from Cyber Attack Likely to Suffer Another: Hiscox
Jun 20 2018 // While 47 percent of small businesses suffered at least one cyber attack in the past year, only 35 percent of them took action following a cyber security incident to mitigate against another. Forty-four percent of small...
Trump Labor Chief Readies Rule to Allow Small Business Health Plans
Jun 19 2018 // The Trump administration wants to make it easier for small businesses to join together to offer cheaper health insurance plans that would lack some of the protections required under Obamacare. The U.S. Labor Department on...
Maine Employers Are Not Required to Reimburse Employees for Medical Marijuana Use
Jun 19 2018 // The Maine Supreme Court has ruled that employers in the state are not required to reimburse employees for their use of medical marijuana under the Maine workers’ compensation system because federal law preempts state...
More Employers Adopting ‘Don’t Ask, Don’t Tell’ Policy for Marijuana Use
Jun 18 2018 // FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs. Those employers and many others are...
Commercial Insurance Prices Increase First Time in 3 Years
Jun 18 2018 // Commercial insurance prices in the U.S. increased modestly in the first quarter of 2018, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing...
