Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Employers’ Shift to Private Health Exchanges May Cost Employees More
Apr 7 2015 // To limit the rising cost of health care, U.S. companies are increasingly turning to private insurance exchanges that let employees shop for plans, according to research from Accenture Plc. About 6 million people got health...
XL Launches Security Insight Platform to Identify Global Business Risks
Apr 7 2015 // XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform. Created and frequently updated by Salamanca Group, the merchant banking and operational...
Work Comp for PEOs and Their Client/ Employers
Apr 6 2015 // Professional employer organizations (PEOs) began their rise after the adoption of the Tax Equity and Fiscal Responsibility Act of 1982 cleared a path for the creation and expansion of such entities. Between 700 and 900...
Mental Health in Workplace: Employee’s Privacy vs. Employer’s Right to Know
Apr 2 2015 // How do you stop a mentally ill person from sitting down at the controls of a jetliner, or a nuclear power plant, or from holstering a gun for a night on the beat? The news that the pilot of the Germanwings jet that crashed...
ICAT Launches Special Purpose Lloyd’s Syndicate for Mid-Sized U.S. Risks
Apr 1 2015 // Colorado-based natural disaster recovery specialist ICAT announced that Lloyd’s of London has granted approval of Special Purpose Syndicate 6123 to further expand ICAT’s per risk capacity. Subject to completion...
Wisconsin Rideshare Bill Would Require $1M Commercial Coverage
Mar 31 2015 // Wisconsin lawmakers have introduced a bill that would impose statewide regulations on online ride-sharing companies such as Uber and Lyft. The measure would require companies to apply for a $5,000 state license and carry...
FAA Eases Rules for Commercial Drones
Mar 24 2015 // Commercial drone operators will have an easier time using and testing their devices in the U.S. after the Federal Aviation Administration said it has loosened some requirements for obtaining government permission to...
CNA Launches Quote Advantage for Small Business Segment
Mar 24 2015 // CNA has launched Quote Advantage to give agents access to a quicker way of quoting CNA Connect, the company’s flagship business owners’ policy. The new quoting experience is available for nearly 200 focus...
U.S. to Streamline Approval for Commercial Drone Use
Mar 22 2015 // The U.S. Federal Aviation Administration plans to unveil new steps soon to make it easier for companies to use drone aircraft for specific business operations, according to people with knowledge of the matter. Commercial...
JLT Australia Buys Recovre, a Provider of Workplace Health & Safety Services
Mar 3 2015 // JLT Australia, a subsidiary of Jardine Lloyd Thompson Group plc, announced it has agreed to acquire 100 percent of the shares of Recovre Group from Hawkesbridge Capital. Recovre is a leading national provider of workplace...
MacNeill Group Selected to Grow Commercial Property and Casualty Business
Feb 27 2015 // Sunrise, FL, February 27, 2015 – MacNeill Group, a wholly-owned subsidiary of Team Focus Insurance Group (Team Focus), and a licensed managing general agent (MGA) specializing in commercial, personal, transportation and...
Gaines Named Liberty Mutual National Medical Director, Commercial Insurance
Feb 26 2015 // Liberty Mutual Insurance has appointed Dr. Will Gaines, MD, MPH, as national medical director of its Commercial Insurance strategic business unit. Gaines is responsible for managing the company’s team of regional...
New Jersey’s Selective Insurance Hires Eden as Head of Commercial Lines
Feb 25 2015 // Douglas T. Eden Selective Insurance Group Inc. in Branchville, New Jersey, has hired Douglas T. Eden as executive vice president, head of commercial lines. Eden will assume responsibility for all aspects of standard...
Top Writers of Homeowners, Blizzard-Exposed Commercial Lines in New England
Feb 23 2015 // This past month’s cycle of blizzards and heavy snowfall in the Boston area and New England have been adding up to a significant impact in the region. The following are the top U.S. writers of homeowners, auto and...
N.C. Workplace Deaths Up 90% in 2014
Feb 23 2015 // Work-related fatalities in North Carolina increased by 90 percent in 2014 over 2013. There were 44 workplace fatalities, compared to 23 in 2013, the state Labor Department said. The most work-related deaths – 18 – were...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 23 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
Business Risk Partners Hires Simmons as E&O Manager in Connecticut
Feb 20 2015 // Bruce Simmons Business Risk Partners, a program administrator in specialty insurance, has hired Bruce Simmons as errors and omissions (E&O) manager for miscellaneous professional liability (MPL) and cyber liability...
Boozing, Promiscuous Business Travelers Put Selves, Employers at Risk
Feb 20 2015 // America’s business travelers are too often mixing business with pleasure, exposing themselves and their employers to dangerous scenarios. According to a national survey by On Call International, a customized travel...
Florida’s Tower Hill Prime Now Writing Commercial Lines Products in the State
Feb 19 2015 // Tower Hill Insurance Group has made its commercial lines products available to Florida businesses through Tower Hill Prime Insurance Co. Tower Hill Prime is an admitted property and casualty carrier headquartered in...
South Dakota Workplace Shooting Leaves 2 Dead, 2 Injured
Feb 17 2015 // The mood in the community of Lennox, S.D., is somber and likely will remain that way for a while, as residents prepare for the funeral of a man killed in a workplace shooting. The funeral for Jon Richter, 45, is scheduled...
