Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Global Commercial Insurance Rates Decrease Again: Marsh
Dec 4 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Dec 4 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
Ex-Ohio State Star Spielman Widens Lawsuit over Commercial Use of Image
Nov 30 2017 // A former Ohio State and NFL star is asking a judge to let him expand a class-action lawsuit over allegations that marketing campaigns for dozens of big-time colleges and universities improperly used the images of thousands...
Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit
Nov 30 2017 // Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit. He will be responsible for further...
Commercial Insurance Rate Decreases Slowing Globally: Marsh
Nov 22 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Nov 22 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...
Georgia College Expanding Commercial Truck Driver Training Program
Nov 16 2017 // A Georgia college is expanding its training program for commercial truck drivers as the U.S. faces a national trucker shortage. WALB-TV reports Albany Technical College plans to increase the number of seats in its...
Chubb Launches Commercial Division for SMEs in Asia Pacific
Nov 14 2017 // Chubb announced it has formed a division in Asia Pacific dedicated to the risk management needs of small- and medium-sized enterprises (SMEs). This new business division, which is named the Small Commercial Division,...
Nebraska Bakery Faces $122.6K in Penalties for Multiple Workplace Hazards
Nov 14 2017 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bimbo Bakeries USA for exposing workers to multiple hazards at its Bellevue, Nebraska, commercial bakery. The company...
Allianz to Offer Small Business Cyber Risk Management Services Through Zeguro
Nov 8 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based software company Zeguro, to address cyber security and risk management for small to...
Watkins Insurance Group Named a Top Workplace in Greater Austin Area for 2017
Nov 7 2017 // Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, has been awarded a 2017 Top Workplaces honor by The Austin American-Statesman. The Top Workplaces...
HUB Adds Shipp to Commercial Markets Team in Central California
Nov 6 2017 // HUB International of California has named Geoffrey Shipp a commercial markets producer, risk management advisor and senior sales management trainee. Shipp will affiliate with HUB’s Central Coast offices as well as...
CNA Adds ‘Get a Quote’ for Small Business Insurance Online Shoppers
Nov 6 2017 // Commercial lines insurer CNA has added a “Get a Quote” feature that allows small business owners to receive a quick premium indication for a CNA Connect business owners policy and a workers’ compensation...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 6 2017 // Commercial insurance buyers should brace for rate increases for 2018 insurance as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global...
ASC to Acquire Forestry Insurance Co. of the Southeast’s Commercial Auto Book
Nov 6 2017 // Accredited Surety and Casualty Company, Inc. (ASC), a subsidiary of Randall & Quilter (R&Q), has entered into an agreement with Forestry Insurance Company of the Southeast to acquire its commercial auto book of...
Small Business Digital Insurer Attune Adds Starr’s Stamets, OnDeck’s Dreiling
Nov 3 2017 // Digital small business insurer Attune has named Martha Dreiling as head of Analytics and Corporate Operations and Richard E. Stamets as head of Underwriting Strategy. Dreiling oversees Attune’s analytics, people and...
October Commercial Insurance Renewal Rates Up Except Workers’ Compensation: IVANS Index
Nov 3 2017 // In October, premium renewal rates were up for the majority of standard commercial lines products, with workers’ compensation remaining the major line where rates did not go up, according to IVANS Index that tracks...
AIG Reports Q3 Loss on Commercial Lines Reserve Boost, Catastrophe Losses
Nov 3 2017 // Highlighting the development as a “noteworthy item” in an earnings announcement Thursday night, American International Group reported prior-year loss reserve strengthening of $836 million before taxes, which...
Malaysia, Australia Investigate Massive Commercial, Governmental Data Breaches
Nov 2 2017 // Malaysia is investigating the theft of mobile-phone records for 46.2 million customers, while an online security lapse in Australia exposed personal details of almost 50,000 employees. The Malaysian government is working...
