Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Patent Claims Causing Firms to Exit Business Lines: Study
May 6 2013 // Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from the Santa Clara...
Buffett Says Berkshire to Be ‘Significant Factor’ in Commercial Insurance
May 6 2013 // Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group (AIG). “I think you will see us...
North Carolina Underreports Workplace Deaths: Study
May 3 2013 // A study by workplace safety advocates shows that more workers die on the job in North Carolina than the state reports. The Charlotte Observer reported that the state Labor Department recorded 35 workers killed on the job...
Ohio Workers’ Comp Fund Plans to Return $1 Billion to Employers
May 2 2013 // Ohio’s governor and the state workers’ compensation fund want to return $1 billion in dividends to Ohio businesses, bolster workplace safety initiatives, and modernize the way employers pay into the fund. A...
AJ Gallagher Acquires UK’s Property & Commercial Limited
May 2 2013 // Arthur J. Gallagher announced the acquisition of UK-based Property & Commercial Limited from Barbon Insurance Group. Terms of the transaction were not disclosed. “This insurance business provides retail and...
OSHA Eyes Workplace Safety for Temporary Workers
May 1 2013 // The U.S. Department of Labor’s Occupational Safety and Health Administration has launched an initiative to further protect temporary employees from workplace hazards. An OSHA memorandum directs field inspectors to...
Hartford Steam Boiler Launches Cyber Attack Protection for Small Businesses
Apr 29 2013 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products...
Atlas General Insurance Services, LLC Announces its Launch of the Atlas Commercial Division
Apr 23 2013 // San Diego, CA, 4/23/13 – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation of the Atlas Commercial Division. This new division will be headed up by...
Fewer Workers in Midwest Insured Through Employers
Apr 22 2013 // The percentage of workers who have access to health insurance through their employers is declining across the United States, according to a new report, and the Midwest is no exception. The report from the Robert Wood...
Rates Should Rise Moderately for Most Commercial Lines
Apr 22 2013 // Commercial insurance buyers in all product lines should see rates rise moderately through the remainder of 2013, although commercial property rates for non-catastrophe exposed risks and some specialty lines may see slight...
Commercial Rates Continued Up in March, Even for Large Accounts: MarketScout
Apr 22 2013 // Commercial insurance rates were up about 5 percent in March, according to the latest barometer from MarketScout and the National Alliance for Insurance Education and Research. Manufacturing continues to post the largest...
State Appeals $860M Award to Ohio Employers
Apr 17 2013 // The state has appealed a judge’s order granting $860 million in repayments from Ohio’s insurance fund for injured workers to employers the judge says were charged excessive premiums for nearly a decade. An Ohio...
6 Vermont Firms Lauded for Workplace Safety
Apr 16 2013 // Six Vermont companies are being honored for their efforts to promote workplace safety. The Governor’s Award for Outstanding Workplace Safety — the highest such award in the state — goes annually to...
Feds Probing Indiana’s Workplace Safety Agency
Apr 15 2013 // The federal government’s workplace safety agency is investigating its Indiana counterpart – a department that documents indicate is trying to boost its inspections without hiring new staffers. The Indianapolis...
What to Expect in Commercial Insurance Prices for Remainder of 2013: Willis
Apr 10 2013 // Commercial insurance buyers in all product lines should see rates rise moderately through the remainder of 2013, although commercial property rates for non-catastrophe exposed risks and some specialty lines may see slight...
Cuomo: Workers’ Comp Reform to Bring $800M Savings to N.Y. Employers
Apr 10 2013 // New York Gov. Andrew Cuomo said this week that employers in the state are poised to save some $800 million annually, thanks to reforms in the state workers’ compensation system that were included in the recently...
Liberty Mutual Promotes Shapiro to Chief Commercial Claims Officer
Apr 10 2013 // Liberty Mutual Insurance announced the promotion of Glenn Shapiro to the role of executive vice president and chief claims officer for its commercial insurance.Glenn ShapiroShapiro succeeds George Neale, who recently...
New Workers’ Compensation Formula Lowers Premiums for Most Employers
Apr 9 2013 // A reworking of a key piece of the workers’ compensation rating formula isn’t changing rates overall but is changing premiums for most insureds, according to experts. Tony DiDonato, director and senior actuary...
Bolt, Aon Affinity to Offer New Online Small Commercial Program to NFIB Members
Apr 8 2013 // BOLT Solutions, Inc. has entered into an agreement with Aon Affinity, the consumer, association and group program business of Aon plc to provide the National Federation of Independent Business (NFIB) with a new online...
Commercial Rates Continued Up in March, Even for Large Accounts: MarketScout
Apr 5 2013 // Commercial insurance rates were up about five percent in March, according to the latest barometer from MarketScout and the National Alliance for Insurance Education and Research. Manufacturing continues to post the largest...
