Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
5th Circuit: Employer Fired for Sleepwalking Loses ADA Case
Aug 10 2022 // An employee fired for unsolicitedly sleepwalking into a colleague’s hotel room during an out-of-town conference has no disability discrimination claim, a three-judge panel of the 5th U.S. Circuit Court of Appeals...
People Moves: BHSI Enters Commercial Hull in Australasia, Hiring Hesson From QBE; Hannover Re Appoints Swiss Re’s Ooi to Oversee P/C Growth in APAC
Aug 9 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Hannover Re. A summary of these new hires follows here. BHSI Enters Commercial Hull in Australasia, Hiring...
Oregon Heat Wave Puts State Workplace Safety Rules to Test
Aug 3 2022 // New state rules require access to water, shade and breaks on hot days, but workers say they’re still laboring in unsafe conditions. Skyler Fischer is forklift driver at a Fred Meyer distribution center in the town of...
People Moves: Beazley Realigns to Bolster N.A. Commercial Property; Fusion Hires M&A VP From AXA XL; Promotions at Distinguished Programs
Aug 3 2022 // Beazley strengthens its North American Commercial Property offering Beazley said it restructured its large commercial property division along with its Canadian and E&S property teams to create a single North American...
Maryland’s Wage Law Can Cover Travel Required by Employer, Court Finds
Aug 2 2022 // Maryland’s wage and hour law may extend beyond the time an employee spends at a prescribed workspace to include time spent getting to the work site using transportation required by the employer, Maryland’s...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh
Aug 1 2022 // Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance...
Takeaways from Our Conversation About Why Most Small-to Mid-Size Cannabis Operators Shun D&O
Aug 1 2022 // Powered by InsuranceJournal.tv Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For...
Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index
Aug 1 2022 // Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the workers’ compensation line, which remained negative, according to the Ivans Index second...
Most U.S. Small Businesses Worry Recession Is Coming
Aug 1 2022 // Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a recent survey released by Goldman Sachs showed, with a majority of firms saying the country was headed...
People Moves: AXA XL New Heads of E&S Property, Middle-Market; Aon Chief Innovation Hire
Jul 29 2022 // AXA XL promotes Chris Lee to Head of E&S property; Mathew Waters to Lead Middle Market AXA XL has promoted Christopher Lee to lead its excess & surplus property insurance business. Based in New York, he reports to...
Agents Expects Big Jump in Online Commercial Insurance Shopping: Survey
Jul 25 2022 // A majority of independent insurance agents (53%) are expecting a significant increase in online commercial insurance buyers over the next three years, according to a survey from Semsee, a platform for small-commercial...
HSB (UK and Ireland) Creates Commercial Division to Streamline Service
Jul 25 2022 // HSB (UK and Ireland) announced the formation of a new Commercial Division, creating closer alignment between its business development, underwriting and claims teams. The division, headed by Terry Dyson, who has been...
People Moves: WTW Bolsters Natural Resources Team With 5 Hires; Markel Promotes Pasik for Commercial Casualty
Jul 22 2022 // WTW Appoints 5 to North American Natural Resources Team Insurance broker WTW announced “a significant investment in its North American Natural Resources business” with the appointment of five industry...
Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index
Jul 22 2022 // Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the workers’ compensation line, which remained negative, according to the Ivans Index second...
Insurance Technology: Zurich Adds Workplace Culture Tool; DriverPremium App Transforms Phone; Kenzen Develops Heat Wearable
Jul 21 2022 // Zurich Resilience Solutions Combats Toxic Work Culture Zurich Resilience Solutions (ZRS) in North America is now offering customers a platform that can help them combat toxic work cultures and improve employee...
‘BazarCall’ Malware Uses Call Centers to Target Small Businesses: CFC
Jul 14 2022 // CFC, a specialist insurance provider and market leader in cyber, warned brokers and their clients today of an emerging method of ransomware attack – dubbed ‘BazarCall’ – which is targeting small...
Most U.S. Small Businesses Worry Recession is Coming
Jul 13 2022 // Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on Wednesday, with a majority of firms saying the country was...
ReSource Pro Acquires Commercial Lines Technology Platform towerIQ
Jun 30 2022 // Insurance business services firm ReSource Pro reports it has completed its acquisition of towerIQ, a property/casualty insurance focused technology platform designed to streamline workflows and capture market...
SURE Launches First Commercial Product for Texas Business Owners
Jun 29 2022 // SureChoice Underwriters Reciprocal Exchange launched its first commercial insurance product for small- and medium-sized businesses in Texas. SURE’s business owners policy combines both property and general liability...
People Moves: WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting; Hiscox Names Flaquet to Newly Created Role of Group COO
Jun 28 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW) and Hiscox. A summary of these new hires follows here. WTW’s Hires EY’s Mayers for Commercial Lines Pricing,...
