Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
EPIC in California Adds Dawson, Greenstein, Gaffney to Employer Services Platform
Dec 11 2014 // Shelley Dawson, Jon Greenstein and John Gaffney have joined Edgewood Partners Insurance Center in San Francisco. All will assume leadership roles in EPIC’s employer services platform, which provides a wide range of...
Indiana Records New Low in Workplace Injuries, Illnesses
Dec 10 2014 // Indiana officials say nonfatal workplace injuries and illnesses across the state fell to the lowest rate on record with 3.8 per 100 full-time workers last year. The Indiana Department of Labor says the annual rate improves...
Kentucky Speeds Up Commercial Vehicle Inspection System
Dec 10 2014 // A regional organization has given an award to Kentucky’s technological screening program for large commercial trucks. The Intelligent Transportation Society of the Midwest gave the 2014 Project of the Year award to...
Allianz Business Services Limited Joins Willis Commercial Network
Dec 10 2014 // Willis Group Holdings announced that the Allianz-owned company, Allianz Business Services Limited (ABSL), trading as Premierline, has joined the Willis Commercial Network (WCN). Lancaster-based ABSL joins WCN as part of a...
Commercial Insurance Hits Pricing Lull in Q3: Towers Watson
Dec 9 2014 // Commercial insurance prices grew on average about three percent in the 2014 third quarter compared to the previous year. That matched last quarter’s uptick and halted more than a year of consecutively falling...
Rate of Workplace Injury, Illness in Texas Dropped Slightly in 2013
Dec 8 2014 // The Texas incidence rate of nonfatal injuries and illnesses in private industry decreased to 2.6 cases per 100 equivalent full-time workers in 2013, down from 2.7 in 2012. The Texas rate is below the national rate of...
ACE Westchester Extends Its Product Recall Insurance to Small Businesses
Dec 5 2014 // ACE Westchester has launched ACE Recall Plus for Small Business, a product that offers product recall coverage and crisis management services to the small business market segment. The move follows an increase in the...
ACE Commercial Risk Launches Small Business Vacancy Protection
Dec 3 2014 // ACE Commercial Risk Services has launched new Vacant Building and Vacant Land insurance products for select small businesses to address the potential risks harbored within unoccupied properties. The products include an...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Small Business Insurance Market Primed for Consolidation
Dec 1 2014 // If heavy competition breeds consolidation, then the property/casualty small business insurance market is ripe for it in the coming years. Both large and small insurers devote lots of attention to the space, but no single...
Liberty Mutual Offers Cyber Cover for Small, Mid-Sized Businesses
Nov 30 2014 // Liberty Mutual Insurance has launched cyber coverages on its commercial package products and monoline general liability policies for small- to mid-sized businesses. The new Data Security endorsement provides four optional...
Workplace Wellness Battle Could Jeopardize Firms’ Support for Obamacare
Nov 30 2014 // Leading U.S. CEOs, angered by the Obama administration’s challenge to certain “workplace wellness” programs, are threatening to side with anti-Obamacare forces unless the government backs off, according...
AssureStart Online Small Business Insurance Now Sold in California
Nov 24 2014 // AssureStart, a Seattle-based online small business insurance provider, is now open for business in California. AssureStart sells business property and general liability insurance on the Internet to small businesses with...
Nationwide, Hartford Steam Boiler Offer Cyber Cover for Small Business Owners
Nov 24 2014 // As more than half of all U.S. small businesses have experienced a data breach, Nationwide has joined forces with Hartford Steam Boiler (HSB) to offer cyber insurance coverage for small business owners. The services and...
Small Business Insurance Market Primed for Consolidation
Nov 18 2014 // If heavy competition breeds consolidation, then the property/casualty small business insurance market is ripe for it in the coming years. Both large and small insurers devote lots of attention to the space, but no single...
Facebook Readies Workplace Version
Nov 18 2014 // Facebook Inc. is testing a version of its social network that will let people communicate and collaborate at work, a person familiar with the matter said, taking on tools from Microsoft Corp. and Salesforce.com Inc. The...
Surmount in California Names Phin Commercial Lines Specialist
Nov 17 2014 // San Diego, Calif.-based Surmount Insurance Services has named James Phin a commercial lines coverage specialist in its firm. His focus is on working with manufacturers and startups. Phin has more than a decade of sales...
CNA Hires DeVinney as Commercial Underwriting Officer in New York
Nov 17 2014 // David DeVinney CNA Financial Corporation hired David DeVinney as commercial underwriting officer for its branch offices in Long Island and Westchester, New York, and Hartford, Connecticut. Based in New York, DeVinney will...
Health Plan Costs Up Slightly; What Employers Are Doing About It
Nov 13 2014 // In 2014, U.S. companies and their employees saw a slight uptick in the rate of U.S. health care cost increases, according to an analysis by corporate health and benefits consultant Aon Hewitt. After plan design changes and...
AssureStart Expands Online Small Business Sales to 6 Additional States
Nov 13 2014 // Online small business insurance provider AssureStart is now open for business in six additional states: Alabama, Georgia, Idaho, Maine, Nebraska and North Carolina. Seattle-based AssureStart sells business property and...
