Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Hiscox Expands Cyber Offering to Small, Mid-Size Businesses
Apr 13 2016 // Hiscox has expanded its cyber and data risk coverage to include Hiscox CyberClear. The product is designed for small and medium-sized enterprises in the U.S. with less than $1 billion in annual revenue. This product will...
Louisiana Food Manufacturer Fined $124K for Workplace Hazards
Apr 12 2016 // The U.S. Department of Labor’sOccupational Safety and Health Administration has cited a Louisiana food manufacturing company for 25 serious and one other violation for exposing workers to hazardous chemicals,...
California Court Says Employers Can’t Deny Workers Seats
Apr 6 2016 // Employers cannot deny a worker a place to sit just because they prefer the person stand, and they must consider the employee’s work station, not their overall duties, when determining whether to provide a seat, the...
Maryland’s Chesapeake Employers to Begin Phasing in NCCI Rates in 2020
Apr 5 2016 // Chesapeake Employers’ Insurance Company, Maryland’s largest writer of workers’ compensation insurance, announced its plan to phase in the National Council on Compensation Insurance’s (NCCI) rating...
Commercial Insurers Moderated Rate Cuts Slightly in March: MarketScout
Apr 5 2016 // Commercial insurers eased up slightly on rate cutting in March, according to the MarketScout barometer for the month. After three straight months of price cuts averaging 4 percent, U.S. commercial property, inland marine,...
Alabama Supreme Court Overturns $12.6M Verdict in Workplace Accident Case
Apr 4 2016 // The Alabama Supreme Court has overturned a $12.6 million judgment in a lawsuit resulting from a workplace accident. The justices sided with Dothan-based South Alabama Brick Co. in a decision released last month. A Mobile...
Utah Employers Must Accommodate Breast-Feeding Workers
Mar 31 2016 // Utah is joining more than a dozen states to require businesses to offer breast-feeding and pregnant employees accommodations such as extra breaks during work. Republican Gov. Gary Herbert signed a law this week that makes...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...
The Future of Commercial Drone Use
Mar 29 2016 // There could be 7 million small drones in the sky by 2020, according to U.S. aviation officials, who believe that as many as 2.7 million of them will be used for commercial purposes. These same officials predict that small...
Chubb Names Leaders for Expanded Small Commercial Division for North America
Mar 23 2016 // Chubb has launched its Small Commercial Insurance division for North America, which will offer management and professional liability and standard insurance coverages for small businesses with annual revenues up to $10...
Brit Leads New Commercial General Aviation Consortium at Lloyd’s
Mar 23 2016 // Brit Ltd., the global specialty insurer, has launched a Lloyd’s consortium for commercial general aviation. Now quoting business, the consortium is being led by Brit with capacity also being provided by Kiln, Hiscox,...
7 Reasons to NEVER Extend Business Auto Coverage to an Employee-Owned Auto
Mar 22 2016 // Section II (Liability Coverage) of the Business Auto Coverage (BAC) form describes who qualifies as an insured (II.A.1.). Employees using their personally-owned vehicle to conduct business on behalf of the named...
Alabama Supreme Court Overturns $12.6M Verdict in Workplace Accident Case
Mar 22 2016 // The Alabama Supreme Court has overturned a $12.6 million judgment in a lawsuit resulting from a workplace accident. The justices sided with Dothan-based South Alabama Brick Co. in a decision released Friday. A Mobile...
Texas Seeking Employer Representative for Workers’ Comp Appeals Panel
Mar 21 2016 // The Texas Department of Insurance is seeking an employer representative to serve on the Texas Workers’ Compensation Appeals Panel. The panel resolves policyholder disputes with insurance carriers that are referred by...
Wyoming Workplace Safety Meetings Planned Around State
Mar 21 2016 // Responding to the trend of workplace shootings that have happened around the country, the state of Wyoming is offering free workplace training in April and May to inform workers and supervisors how to respond to active...
How Technology May Alter Small Commercial Lines Advantage
Mar 21 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
The Crichton Group Hires Hite as Commercial Insurance Advisor
Mar 17 2016 // The Crichton Group, an independent insurance agency located in Nashville, has hired industry veteran Dan Hite as commercial insurance advisor. Hite will focus on commercial insurance and risk management. He is a former...
2 Instech Startups Target Small Business Insurance Market
Mar 15 2016 // Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, today announced a $13 million seed investment led by investors Zeev...
Alper Services Adds Gausden in Commercial Lines Divsion
Mar 10 2016 // Matt Gausden has joined Chicago-based Alper Services as client executive in its Property & Casualty Commercial Lines Division. Gausden will develop and maintain high-quality risk management programs for large, complex...
Chesapeake Employers Announces 4 Promotions in Maryland
Mar 7 2016 // Joan Adelman Chesapeake Employers’ Insurance Company, Maryland’s largest writer of workers’ compensation insurance, announced the following four promotions. Joan Adelman was recently promoted to assistant...
