Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
4 Things Small Businesses Can Do to Protect Against Cyberattacks
May 13 2022 // Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. Unfortunately, these adjustments...
Zurich Reports Strong Growth in Q1, Driven by Rising Commercial Insurance Rates
May 13 2022 // Zurich Insurance Group has made a strong start to the year and expects to exceed all its financial targets for 2022, despite ongoing inflationary pressures. The company has minimal exposure to the war in Ukraine. Premium...
Cross-Selling Opportunities in Commercial Surety
May 12 2022 // This post is part of a series sponsored by Old Republic Surety. Cross-selling surety and commercial insurance makes marketing sense: Boosting your exit barriers increases your value. An insurance agent who can accommodate...
OSHA Warns South Central Employers Not to Ignore Heat Dangers
May 12 2022 // As temperatures rise in Arkansas, Louisiana, Oklahoma and Texas, the U.S. Department of Labor’s Occupational Safety and Health Administration reminds employers and workers not to ignore the dangers of working in hot...
Insurtech Joyn Adds Business Coverages in Five Western States
May 4 2022 // Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for effective dates beginning June 1. The company is adding property, general liability, and...
35% of Workplace Injuries Occur During First Year: Travelers
May 3 2022 // A new study by Travelers of workers compensation claims found that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience. “Our data underscores the importance...
FAIR Plan Launches Higher Coverage Limits for Commercial, Business Properties
May 3 2022 // The California FAIR Plan is now offering increased coverage limits for commercial and business properties. The higher limits are being made available in response to customer requests for FAIR Plan coverage of higher value...
The Booming Female-Owned Home-Based Business Market
May 2 2022 // The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility in how we organize our working lives. In the two years...
California to Keep Workplace Pandemic Rules Through 2022
Apr 22 2022 // California workplace regulators are poised to extend mandatory pay for workers affected by the coronavirus through the end of 2022, more than two months after state lawmakers restored similar benefits through...
People Moves: Estée Lauder’s Burrell Joins GEICO; Olson Heads Zurich Programs; Hudnall Leads Donegal Commercial Lines
Apr 22 2022 // Estée Lauder’s Burrell Joins GEICO as Chief Marketing Officer Insurer GEICO announced Damon Burrell has joined the company as chief marketing officer. Burrell will oversee all of GEICO’s marketing...
Small Businesses Are Burning Out: Survey
Apr 21 2022 // According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the economy and inflation. Only 29% of respondents said they felt optimistic about an economic recovery...
NFL’s Washington Commanders Deny Financial, Workplace Misconduct Allegations
Apr 20 2022 // The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission. The 19-page letter — including testimony, emails and other...
Broker WTW Reports Commercial Rates Are Starting to Stabilize Except for Cyber
Apr 8 2022 // Rate hikes for commercial lines of insurance are slowing to single-digit increases or even flat renewals, according to broker WTW’s Marketplace Realities spring update. The exception, as it has been, is cyber...
Agencies Promoting People for Commercial Lines
Apr 6 2022 // Jimcor Hires Becotte Jimcor Agency Inc., a national wholesale broker and managing general agent, has hired Michael Becotte as a commercial lines underwriter for the Southeast, based in Cumming, Georgia. Becotte has more...
Employers Adapting to New World of Worries
Apr 4 2022 // Insurers Seek Policies on Diversity, Pay Equity, Social Media, COVID, Even Facial Scans The past few years have been filled with newer exposures when it comes to employment practices liability insurance (EPLI). Along with...
Coterie Insurance Expands Small Business Offerings to Massachusetts
Mar 30 2022 // Coterie Insurance, a small business insurtech, announced that its general liability and business owners insurance products are now available in Massachusetts for customers and agencies. Independent agents and brokers...
AM Best and S&P Ratings Suspend All Commercial Operations in Russia
Mar 30 2022 // AM Best announced it has suspended all commercial activities to clients in Russia and has withdrawn all credit ratings on Russia-based re/insurance companies, subject to sanctions imposed by the European Union (EU) and in...
Markets/Coverages: Falvey’s Cyber Cover for Cargo; PHLY’s New Commercial Line; CoverEase’s Workers’ Comp; Mile Auto’s Telematics
Mar 28 2022 // Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance...
The National Alliance Launches NEW Self-Paced Courses: Intro to Commercial/Personal Lines, Flood, Ethics, Workers Compensation
Mar 24 2022 // Austin, TX., March 24, 2022 – The National Alliance for Insurance Education & Research has launched five self-paced insurance license renewal and introductory classes on the topics of Ethics, NFIP Flood Exposures,...
People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer
Mar 23 2022 // This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires follows here. TigerRisk Hires Aon’s Tuttle as Partner, Senior Reinsurance...
