Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
QBE, Arrowhead Partner on Small Commercial Insurance Program
Jun 8 2017 // Arrowhead General Insurance Agency has been selected as the program administrator for QBE North America’s small commercial insurance portfolio, consisting of property and casualty business accounts under $100,000 in...
Trump Labor Department Nixes Obama’s ‘Joint Employer’ Standard
Jun 8 2017 // The U.S. Labor Department on Wednesday said it was rescinding the Obama administration’s standard for determining when companies are “joint employers” of contract and franchise workers, in the...
S&P Revises AIG Outlook to Negative Citing Commercial Lines Challenges
Jun 7 2017 // Ratings agency Standard & Poor’s has revised its rating outlook to negative from stable for American International Group (AIG). The move came despite AIG recently hiring a new CEO, Brian Duperreault. At the same...
U.S. Facing Rise in Workplace Homicides
Jun 7 2017 // Fatal workplace shootings, like the one Monday in Orlando, Florida, are ticking upward in the United States, government statistics show. Revenge against an employer, romantic partner or co-workers often is the motive,...
Employers in Nevada Brings on West Bend’s Grinna as Vice President
Jun 6 2017 // Reno Nev.-based Employers has named Scott R. Grinna as vice president of enterprise program management. Grinna has experience in IT and program management with 25 years in the IT industry. Grinna joins Employers from West...
Lawmakers Ask Supreme Court to Weigh Veterans’ vs. Employers’ Rights in Workplace
Jun 5 2017 // Nineteen lawmakers are testing their luck at the Supreme Court, asking the justices to take up a case on whether military reservists’ unfair dismissal claims can be forced into arbitration by their civilian...
Oklahoma Court Affirms Employer’s Right to Choose Provider
Jun 5 2017 // An Oklahoma civil appeals court ruled in favor of an employer and its insurer by upholding an order by the Oklahoma Workers’ Compensation Commission affirming an employer’s right to direct the medical treatment...
tKg Wholesale Brokerage Taps Becotte as Senior Underwriter for Small Business in Southeast
Jun 2 2017 // Wanda Becotte will join tKg Wholesale Brokerage as senior underwriter, Small Business Division serving its Southeastern region. Becotte began her insurance career in 2002, working on the retail side for nine years. During...
All Commercial Lines Rates, Even Workers’ Compensation, Up in May: IVANS Index
Jun 1 2017 // The May IVANS Index shows that for the first time in several months, premium renewal rates in all major commercial insurance lines are in positive territory. Notably, May is the first time in 2017 that workers’...
Allied World Europe Launches UK Commercial Division
May 30 2017 // Allied World Assurance Co. Holdings AG has announced the launch of its UK Commercial Division. “Our clients tell us they need simple, affordable and flexible insurance solutions and our UK Commercial Division...
FM Global Includes Top 3 Business Risks in Global Resilience Index
May 25 2017 // FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber attack, natural hazards and supply chain failure. The interactive, online index ranks 130...
Top Iowa Court Upholds $85K Award in Workplace Discrimination Case
May 23 2017 // The Iowa Supreme Court has upheld an $85,000 discrimination judgment against a company whose owner repeatedly called a black worker “chocolate” and other racial epithets. Justices upheld the Dubuque Human...
Feds Warn Arizona Commission that Lowering Workplace Injury Fines is Risky
May 19 2017 // Federal officials warned a commission overseeing Arizona’s workplace safety agency that its practice of lowering fines on companies for worker injuries and deaths violates the state’s laws and could jeopardize...
California Small Business Advocate Produces 2nd List of ‘Good, Bad & Ugly Bills’
May 18 2017 // With a California Legislative deadline looming, a business advocate is calling attention to bills that he believes owners and managers of small businesses should take note of in his second annual list of “Good, Bad...
Workplace Regulation to Reduce Incidents at California Oil Refineries OK’d
May 18 2017 // California’s Department of Industrial Relations’ Occupational Safety and Health Standards Board today approved a regulation aimed at strengthening workplace safety and health at oil refineries across the...
Oklahoma Court Affirms Employer’s Right to Choose Provider in Workers’ Comp Case
May 17 2017 // An Oklahoma civil appeals court ruled in favor of an employer and its insurer in affirming an order by the Oklahoma Workers’ Compensation Commission, asserting an employer’s right to direct the medical...
Michigan Workplace Fatalities Rise in 2016
May 15 2017 // A state agency says 43 people were killed on the job in Michigan last year, and that’s the state’s highest number of workplace fatalities in a decade. The Michigan Occupational Safety and Health Administration...
Bunker, Startup Broker for Small Business, Contractor Insurance, Raises $6 Million
May 11 2017 // Bunker, a startup digital insurance broker focused on independent contractors and small businesses, has raised $6 million in Series A funding that will help fuel product development and expansion. Hiscox and American...
How AIG Woes Hurt U.S. Commercial Lines Results: Fitch
May 10 2017 // While U.S. commercial lines insurance had been a relatively bright spot among property/casualty insurers, the sector is facing some clear deterioration due to weakening premiums and poor loss experience. What’s more,...
Alabama Man Arrested by FBI For Stealing $180K from Employers
May 9 2017 // An Alabama man has been arrested on charges of stealing more than $180,000 from former employers. AL.com reports the FBI arrested 32-year-old Randall Sho Woods on May 3. The Department of Justice says in a release that a...
