Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
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...
Global Commercial Insurance Market to Grow $170B in P/C Premium By 2021: Aon Inpoint
Jun 18 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017, and by 2021, they will rise to nearly $900 billion. U.S. commercial P/C insurance premiums were worth $274.5 billion in...
Wisconsin Contractor Cited, Fined $120.3K for Workplace Safety Hazards
Jun 15 2018 // Federal safety officials have cited a Wisconsin roofing contractor for exposing employees to falls and other safety hazards at two separate job sites. Penalties proposed for Appleton roofing contractor Hector Hernandez by...
Employers Waking Up to Costs of Employees Falling Asleep on the Job
Jun 14 2018 // An employer with 1,000 employees can expect to lose more than $1 million each year in missed workdays, lower productivity and increased healthcare due to employee fatigue, according to a new survey. About one-third of all...
Ease Up On Commercial Drones, Scientists Advise Safety Regulators
Jun 14 2018 // Science advisers to the federal government say safety regulators are hindering the spread of commercial drones by being too cautious about the risks posed by the flying machines. The National Academies of Science,...
Orchid Insurance Expands Commercial Lines Division to Several East Coast States
Jun 13 2018 // Orchid Underwriters Agency LLC (Orchid Insurance), a specialty underwriter of catastrophe exposed property insurance, has expanded its Commercial Lines division into New York, Massachusetts, Maryland, Virginia, Georgia,...
Regulators Fine Iowa Company over Workplace Safety Violations
Jun 11 2018 // An Iowa maker of wind turbine blades has been fined nearly $155,000 for multiple workplace safety violations. The Des Moines Register reports that Iowa’s Occupational Safety and Health Administration levied the fines...
Breckenridge Insurance Services Hires Commercial Insurance Cyber Specialty Broker Ashley Holtz
Jun 8 2018 // Ashley Holtz Atlanta, GA, June 8, 2018 — Breckenridge Insurance Services is pleased to announce Ashley Holtz has joined the wholesale brokerage team as assistant vice president and broker. Holtz brings additional cyber...
Here’s What’s to Expect for Global Commercial Insurance Market Growth
Jun 8 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017 and by 2021 will rise to almost $900 billion. U.S. commercial P/C insurance premiums were worth $274.5 billion in 2017...
Monarch E&S in California Names Bertram Manager of Commercial Lines
Jun 5 2018 // Monarch E&S Insurance Services has promoted Lynn Bertram to senior underwriter and manager of commercial lines operations. Bertram has worked with Monarch E&S for 15 years, underwriting new business for the past...
Most Commercial Insurance Prices Continued Creeping Up in May: IVANS
Jun 5 2018 // Renewal premiums for a majority of standard commercial lines products continued to trend up in May, according to the latest IVANS Index. The exceptions were commercial auto and umbrella, which still rose in May but not as...
