Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend
Apr 24 2025 // Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1...
Business Moves: Ignyte, Novacore Spin Off From NSM Commercial Business Sale
Apr 22 2025 // Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report
Apr 21 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This...
Majority of Small Business Leaders Think AI Will Play ‘Crucial Role’ in Work Safety
Apr 21 2025 // More than half of small business leaders believe artificial intelligence will play a “crucial role” in worker safety over the next five years, according to a new report from Pie Insurance. A survey of...
Elevate Your Agency: Expand into Commercial Lines with EZLynx and Tarmika
Apr 17 2025 // This post is part of a series sponsored by EZLynx. As an independent agent, chances are you’re always on the lookout for new ways to diversify your business and boost revenue. If you’ve spent years building a...
Business Moves: NSM Completes Sale of Commercial Division to New Mountain Capital; Compre Buys Covea’s CSE Group
Apr 17 2025 // Specialty insurer NSM Insurance Group said it has completed the sale of its U.S. commercial insurance division to investment firm New Mountain Capital. The agreement includes NSM’s portfolio of 15 niche insurance...
People Moves: Zurich Hires Sullivan From CNA for US Middle Market Head of Tech; IMA Hires Crochet as National Energy Practice Leader
Apr 16 2025 // Jeannie Sullivan Zurich North America, headquartered in Schaumberg, Illinois, hired Jeannie Sullivan as head of technology for its U.S. middle market team. She will report to Stan Bernard, head of industry practices for...
Ex-State Trooper to Plead Guilty to Falsifying Commercial Driver’s License Scores
Apr 16 2025 // A former Massachusetts State Police trooper has agreed to plead guilty to his role in an alleged conspiracy to falsify records by giving passing scores to certain commercial driver’s license (CDL) applicants even if...
People Moves: Allianz Commercial Expands US Construction With Hires; IMA Hires Lockton’s Wargo to Lead Property Team
Apr 9 2025 // Kristen Hoskinson Allianz Commercial, headquartered in New York City, expanded its U.S. construction team with five new hires who will join Allianz Commercial’s Master Builder’s Risk team by mid-April. Kristen...
Viewpoint: EEOC Documents on DEI Programs Increase Pressure on Employers
Apr 9 2025 // On March 19, 2025, the U.S. Department of Justice (DOJ) Office of Public Affairs issued a press release announcing two technical assistance documents jointly released by the U.S. Equal Employment Opportunity Commission...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Today’s Commercial Property Market in ‘Better Place’ Brokers Assess 4 Current Trends: Vacancies, Alternatives, Valuations, Wildfires
Apr 7 2025 // Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That’s good news for insureds, commercial property brokers say, as clients begin to...
People Moves: Korte to Lead Liberty Mutual Middle Market Global Risk Solutions
Apr 3 2025 // Liberty Mutual Insurance, based in Boston, appointed Dieter Korte as president, middle market, Global Risk Solutions North America (GRS NA), reporting to GRS NA President Marc Orloff. “These companies have the same...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube
Apr 2 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This...
WTW Acquires Michigan’s Global Commercial Credit
Apr 1 2025 // WTW announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis, a WTW business. This strategic acquisition will accelerate performance by expanding into specialized businesses that align with the...
California OKs Increase in FAIR Plan Commercial Property Coverage Limits
Mar 31 2025 // California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW Pricing Survey Reveals
Mar 24 2025 // U.S. commercial insurance rates showed a continued upward trend, with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
Justice Department Launches Hostile Workplace Probe into University of California
Mar 24 2025 // The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses. The investigation, being...
How to Build Trust with Small Business Insurance Clients
Mar 24 2025 // Establishing trust with small business clients is key to maintaining their loyalty over time. Insurance professionals can build trust and communicate effectively with smaller enterprises by focusing on personalized...
