Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Orchid Underwriters Expands Commercial Lines into Alabama, Mississippi
Jul 24 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states: Alabama and Mississippi. The two new states join New...
Starr Buys Stake in Small Business Insurtech CoverWallet
Jul 19 2017 // Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were...
Farmers Names Fernandez to Head Business Insurance; Kappler to Lead Bristol West
Jul 19 2017 // Farmers Insurance has named new presidents for two of its key business units. Sharon Fernandez, most recently president of Bristol West Insurance, has been appointed president of Business Insurance at Farmers. In addition,...
Novarica: Commercial Insurers Prioritizing Tech Advancements
Jul 18 2017 // A new report by the research and advisory firm, Novarica, shows that commercial insurance carriers are modernizing policy administration systems and agent portals to support complexities of business. Novarica also says use...
Connecticut Woman Gets Prison Time for Stealing $250K from Employer
Jul 14 2017 // A Connecticut woman who stole more than $250,000 from her Massachusetts employer even as he struggled with dementia and cancer has been sentenced to nearly two years in prison. Angela Craig was sentenced Tuesday in U.S....
Agents Seek Better Grasp of Carriers’ Commercial Lines Underwriting Likes
Jul 12 2017 // Independent agents want to talk about underwriting, and they’re urging their carriers to listen. Preliminary results from the 2017 Channel Harvest Research survey indicate agents want to see companies put greater...
Munich Re US Launches Commercial Drone Operator Liability Endorsement
Jul 7 2017 // Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under...
The Villages Insurance in Florida Adds Sardisco to Commercial Division
Jul 5 2017 // The Villages Insurance Partners (TVIP) has added Lisa Sardisco to their Commercial Risk Management Division in The Villages, Fla. The Villages Insurance Commercial Risk Management Team specializes in protecting business...
Skuld Names Kohmann as Head of Oslo Business Unit as Urdal Retires
Jun 30 2017 // Marine insurance provider Skuld announced that Kristoffer Kohmann is the new head of Skuld Oslo 2, one of its Oslo business units. Kohmann will succeed Ketil Urdal who, after 16 years with Skuld and a career spanning 20...
Chubb Names Sherman to Lead North America Management Liability Business Unit
Jun 27 2017 // Chubb has appointed Leigh Anne Sherman to lead its Private/Not-For-Profit Management Liability business within the North America Financial Lines division. Sherman will have overall responsibility for leading the...
XL Catlin, McGowan Companies to Offer Coverage for Workplace Violence
Jun 27 2017 // XL Catlin has entered into an exclusive underwriting agreement with The McGowan Companies to provide workplace violence insurance to U.S. businesses. Nearly two million American workers are victims of workplace violence...
Investigation Solutions Assists in $32 Million Employer Fraud Case
Jun 21 2017 // San Diego, CA, June 21, 2017- Investigation Solutions, Inc. (ISI) worked alongside the California Department of Insurance in a $32 million workers’ compensation fraud case that resulted in an arrest earlier this...
Trump Reverses Obama Stand, Supports Employers Requiring Class Action Waivers
Jun 19 2017 // The Trump administration on Friday sided with employers in a Supreme Court case over the rights of workers to bring class action lawsuits against companies, court documents showed. Reversing a position staked out earlier...
Orchid Underwriters Expands Commercial Lines into Alabama, Mississippi
Jun 19 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states, Alabama and Mississippi. The two new states join New...
Survey of Agents Reveals Underwriting Disconnect in Commercial Lines
Jun 19 2017 // Independent agents want to talk about underwriting, and they’re urging their carriers to listen. Preliminary results from the 2017 Channel Harvest Research survey indicate agents want to see companies put greater...
New Aon Professional Liability Coverage Available for 300-Plus Small Business Classes
Jun 16 2017 // Aon Affinity, the affinity business of Aon plc, has launched Aon Professional Liability Plus, a nationwide program that provides malpractice insurance to more than 300 classes of traditionally hard-to-place small...
Billings Named VP, Predictive Analytics at Midwest Employers Casualty
Jun 16 2017 // Midwest Employers Casualty has promoted Brian Billings to vice president of Predictive Analytics. As the Midwest Employers Casualty strategy evolved from data acquisition to leveraging data assets, Billings led the effort...
Hub Northeast Promotes Schreiber to President of Commercial Lines
Jun 16 2017 // Hub International Northeast (Hub Northeast), a subsidiary of Hub International Limited (Hub), has promoted senior vice president and chief sales officer (CSO), Ken Schreiber, to president of commercial lines. In this new...
Startup Decisely: Insurtech ‘For Brokers, By Brokers’ Targets Small Business Benefits
Jun 16 2017 // Some see insurtech as the enemy. Others see it as a sign of things to come. Then there’s EPIC Insurance Brokers & Consultants, which is clearly embracing the insurtech craze while soliciting brokers to join...
British Insurer Aviva to Launch Small Business Cyber Product
Jun 16 2017 // British insurer Aviva plans to launch a new product to cover small and medium-sized businesses against cyber attacks later this year as part of an expansion of its specialist insurance division, its chief executive for UK...
