Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return
Aug 6 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
New Hampshire State Police Discover 100-Plus Commercial Vehicle Violations
Aug 3 2021 // The New Hampshire State Police discovered 189 commercial vehicle violations following a day-long focus on safety. Police said 42 of the violations discovered were so severe that they created a condition where the vehicle...
Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform
Aug 3 2021 // Colorado-based reThought Insurance, a managing general agency focused on the flood insurance market, has secured $15.5 million in investment to accelerate its growth. The company currently writes flood coverage for complex...
Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses
Aug 2 2021 // DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua Browder. The firm raised $10...
Pressure on Workers to Get Vaccine Grows as Patience Runs Thin for U.S. Employers
Jul 28 2021 // As a resurgence in Covid-19 cases prompts more U.S. employers to require vaccinations, workers who object face a common response: Get a shot or get another job. In the past six weeks alone, a federal judge in Texas...
World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report
Jul 28 2021 // There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday. The shipping industry is...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh
Jul 28 2021 // Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far from their peak at the end of 2020, according to a new Marsh report. The Q2 numbers reflect...
Hippo Enters Commercial Insurance Market With Homeowners Association Product
Jul 23 2021 // Home insurtech Hippo is jumping into the commercial insurance market. The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first...
Medical & Commercial International Gets ‘In-Principle’ Nod to Form Lloyd’s Syndicate
Jul 21 2021 // edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan....
Business Insurance Customers’ 3 Top Asks and 5 Top Buying Reasons
Jul 15 2021 // Almost half (48%) of business insurance buyers say their trust in insurance has increased since the start of the pandemic, but only 54% believe that insurance is meeting their businesses’ challenges very well. A new...
Allianz Restructures UK Operations into Distinct Commercial and Personal Businesses
Jul 15 2021 // Allianz Holdings, the UK subsidiary of Allianz SE, has restructured its operations, to create distinct Personal and Commercial businesses, supported by a number of integrated service functions. These changes represent the...
Former Maryland Office Administrator Faces Federal Charges for Defrauding Employer
Jul 13 2021 // A former office administrator in Maryland is facing federal charges for defrauding her employer of more than $700,000 for fraudulently obtaining social security disability payments and for tax evasion. A federal grand jury...
Louisiana Reminds Insurers of Obligations in Commercial Policy Renewals
Jul 12 2021 // Louisiana insurance regulators have issued a new advisory letter reminding authorized property/casualty insurers writing in the state about the information they must provide in writing when they issue a renewal notice to...
Employers, Employees Navigate Back to Office, Work from Home Plans
Jul 9 2021 // Last year, companies around the U.S. scrambled to figure out how to shut down their offices and set up their employees for remote work as the COVID-19 virus suddenly bore down on the world. Now, in a mirror image, they are...
Employers Must Contend with Shrinking Population of Working-Age People
Jul 7 2021 // As America’s job market rebounds this summer and the need for workers intensifies, employers won’t likely have a chance to relax anytime soon. Worker shortages will likely persist for years after the...
Employers See Employee Mental Health as Major Concern
Jul 5 2021 // Employee mental health has become a serious issue in the workplace and employers are increasingly likely to recognize not only the costs but also how the stigma surrounding mental illness is an obstacle to treatment. A...
Workers More Likely to Get COVID Vaccine When Employer Encourages It
Jul 1 2021 // As more employers return to in-person work, the latest KFF COVID-19 Vaccine Monitor report shows that workers are more likely to have gotten a COVID-19 vaccine when their employer encourages it or provides paid sick leave...
Pennsylvania USPS Facility Fined More Than $230K for Workplace Safety Violations
Jun 30 2021 // A federal workplace safety inspection of a U.S. Postal Service location in Pennsylvania found employees exposed to potentially serious and fatal injuries in the event of an emergency. Responding to a complaint, the U.S....
Guilty Plea: Mississippi Woman Embezzled $600K from 2 Louisiana Employers
Jun 30 2021 // Federal prosecutors say a Mississippi woman has pleaded guilty to embezzling a total of more than $600,000 from two Louisiana employers. Christy Bartholomew, 39, of Hattiesburg, pleaded guilty earlier this week to wire...
EU to Update Workplace Safety Rules, Reflecting Shift to Home Working During COVID
Jun 29 2021 // BRUSSELS – The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working from home during the COVID-19 pandemic and to reflect the anticipated digital and...
