Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
Cavignac & Associates in California Names Goucher Commercial Account Manager
Jan 14 2019 // San Diego, Calif.-based Cavignac & Associates has named Brandon Goucher an account manager within the firm’s commercial department. Goucher is the primary contact at the agency for his assigned clients, charged...
Different Rates of Opioid Prescriptions Linked to Worker, Employer, Injury Traits
Jan 11 2019 // Injured workers in mining and construction, those in rural counties or those who suffer fractures, carpal tunnel and neurologic spine pain are among those more likely to receive prescriptions for opioids than workers in...
How Commercial Insurance Rates Changed in Q4 and 2018: IVANS
Jan 11 2019 // Renewal premium rates for nearly all major commercial insurance lines increased in the fourth quarter of last year with the exception of workers’ compensation where the average rate dropped and remained negative. The...
Cavignac & Associates in California Names Kienke Commercial Account Administrator
Jan 9 2019 // San Diego, Calif.-based Cavignac & Associates has named Carlota Kienke a commercial account administrator. Kienke provides support and assistance to team members within the agency’s commercial department, She is...
Warren G. Bender in California Names Amano Commercial Lines Account Executive
Jan 7 2019 // Sacramento, Calif.-based Warren G. Bender Co. has named Kaz Amano an account executive in its commercial lines department. He has more than 12 years of prior experience in commercial insurance. He was previously an account...
Most UK Small Businesses Remain in the Dark About Cyber Risks
Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...
Mixing Up Occupancy for Commercial and Residential Properties
Jan 4 2019 // There is a trend in residential construction to build condominium communities that go beyond the traditional amenities we’re used to. We are accustomed to work out rooms, pools, game rooms and the like in...
Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business
Jan 3 2019 // Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquired business, which generated more than £150...
Commercial Auto: An Old Dog Up to New Tricks
Dec 28 2018 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
Wyoming Workplace Deaths Fall to Lowest Level Since 2009
Dec 20 2018 // The number of workplace deaths in Wyoming last year fell to the state’s lowest level since 2009. The Casper Star-Tribune reported the state Research and Planning Department released a report Tuesday showing that 20...
Civil Rights Commission: Iowa Employer Used Slurs to Disparage Black Workers
Dec 19 2018 // The Iowa Civil Rights Commission is taking legal action to enforce a $14,700 judgment against a business owner accused of using racial slurs to belittle black employees, court records show. Bruce Smith, of West Des Moines,...
Zurich to Shift $2B of UK Legacy Employers’ Liability Policies to Catalina
Dec 17 2018 // Zurich Insurance plc has entered into an agreement with Catalina, a specialist acquirer of legacy insurance portfolios, to transfer its pre-2007 UK legacy employers’ liability policies to Catalina. As of December 31,...
Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017
Dec 17 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices...
Penn. High Court Rules Employer Has Duty to Safeguard Employees’ Personal Info
Dec 17 2018 // The Pennsylvania Supreme Court has ruled that an employer has a legal duty to use reasonable care in safeguarding its employees’ sensitive personal information stored on an internet-accessible computer. This vacates...
Michigan’s Kaufman Group Named a BEST for Workplace Training and Development
Dec 11 2018 // The employees and agent/broker clients of Farmington Hills, Michigan-based H.W. Kaufman Group may be pleased but not surprised to learn that the specialty insurance organization has been recognized as one of the best in...
Penn. High Court Rules Employer Has Duty to Safeguard Employees’ Personal Info
Dec 10 2018 // The Pennsylvania Supreme Court has ruled that an employer has a legal duty to use reasonable care in safeguarding its employees’ sensitive personal information stored on an internet-accessible computer. This vacates...
Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017
Dec 10 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices...
Gallagher Acquires UK Commercial Broker Pavey Group
Dec 7 2018 // Global insurance broker Gallagher has acquired commercial insurance broker Pavey Group Holdings in the southwest UK. With offices in Torquay, Exeter and Holsworthy in Devon, and Highbridge in Somerset, Pavey Group was...
Senators Seek Ban on ‘Confessions’ Tactic Used by Predatory Small Business Lenders
Dec 7 2018 // Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from small businesses. Senators Sherrod Brown, the top Democrat on the Senate Banking Committee, and Marco...
