Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Allianz Specialty Goes Live with ‘Insurtech’ for Small Business Brokers, Policyholders
Sep 14 2017 // Borrowing ideas from some insurtech startups, Allianz Global Corporate & Specialty has a new platform for brokers and their Main Street customers “from barber shops to bakeries and toy stores to...
Willis Towers Watson: Hurricane Harvey Could Upend Commercial Insurance Prices
Sep 13 2017 // Hurricane Harvey could upend a trend of nearly flat commercial insurance prices that has continued since 2015, Willis Towers Watson said in its latest industry survey. “Insurers are bracing for a significant volume...
Houston’s Small Businesses Digging Out from Hurricane Harvey
Sep 7 2017 // Josh Beasley and his fiancé bought Houston’s Body3 Personal Fitness on July 1, less than two months before Tropical Storm Harvey swamped the gym with a foot of water and left behind the dank stench of fetid...
State Auto Names Garland, Sr. VP – Commercial; Berkey Sr. VP – Personal Lines
Sep 6 2017 // State Auto Financial Corp., based in Columbus, Ohio, has named Kim B. Garland as senior vice president, commercial lines; and Jason E. Berkey as senior vice president, personal lines. Garland joined the company as senior...
Middle Market Growth Spells Opportunity for California’s Insurance Community
Sep 4 2017 // The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report from American Express and Dun...
How Much Solar Eclipse Distraction Will Cost Employers
Aug 21 2017 // Add today’s total eclipse of the sun to the list of worker distractions that cost U.S. companies hundreds of millions of dollars in lost productivity. American employers will see at least $694 million in missing...
The Smaller the Small Business, the Bigger the Insurance Discontent: J.D. Power
Aug 21 2017 // Not all small businesses are the same when it comes to customer satisfaction with commercial insurance. There are widening satisfaction gaps among small businesses of different sizes, according to the J.D. Power 2017 U.S....
Middle Market Growth Spells Opportunity for California’s Insurance Community
Aug 17 2017 // The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report released this week from American...
Workplace Is Hostile, Stressful, Grim Place for Many Americans
Aug 17 2017 // The American workplace is grueling, stressful and surprisingly hostile. So concludes an in-depth study of 3,066 U.S. workers by the Rand Corp., Harvard Medical School and the University of California, Los Angeles. Among...
California Ski Resort Where Patroller Died Fined for Workplace Safety Violations
Aug 11 2017 // State officials has cited and fined a California ski resort for violating two workplace safety codes following an investigation into a ski patroller’s death. KRNV-TV reported 42-year-old Squaw Valley Ski Resort...
Pennsylvania’s Erie Insurance Appoints Shine as Senior VP of Commercial Products
Aug 11 2017 // Erie Insurance, based in Erie, Penn., has appointed Sarah Shine as senior vice president of commercial products. Shine joined Erie in 2000 as an actuarial analyst for personal lines and shifted focus to commercial lines in...
Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership
Aug 10 2017 // When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it...
Liberty Mutual Enhances Commercial Insurance Property Form
Aug 9 2017 // Liberty Mutual’s has launched a new proprietary Premier Property Protector all-risk policy to accommodate all of a broker’s single carrier and shared and layered property coverage needs. According to Mike...
Maryland’s Chesapeake Employers Elects Gonzalez as Board Chairman
Aug 8 2017 // Members of Chesapeake Employers Insurance’s Board of Directors elected V. Rocky Gonzalez as chairman, effective immediately. Gonzalez succeeds Charles Dankmeyer as chairman, who is now serving as a member of the...
Needs of Flood-Damaged Small Businesses in Louisiana Sought in Survey
Aug 7 2017 // Louisiana’s flood recovery program is trying to determine the needs of flood-damaged companies by asking small businesses to fill out a statewide survey. The small business survey is expected to take about 10 minutes...
The Smaller the Small Business, the Bigger the Insurance Discontent: J.D. Power
Aug 7 2017 // Not all small businesses are the same when it comes to customer satisfaction with their commercial insurance. There are actually widening satisfaction gaps among small businesses of different sizes, according to the J.D....
Travelers Completes Purchase of UK Small Business Insurer, Simply Business
Aug 7 2017 // The Travelers Cos. has completed its previously announced acquisition of Simply Business, a provider of small business insurance cover in the United Kingdom, which offers products online on behalf of a broad panel of...
How to Catch Commercial Auto Use Fraud
Aug 7 2017 // Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who...
Commercial Lines Insurance Renewal Rates Continued Rising in July: IVANS
Aug 2 2017 // In July 2017, premium renewal rate change for the majority of standard commercial lines products remain in positive territory. Workers’ compensation was the one product that trended negatively, dipping below -1.00...
Older Workers at Greater Risk of Dying in Workplace Accidents
Aug 2 2017 // Older people are dying on the job at a higher rate than workers overall, even as the rate of workplace fatalities decreases, according to an Associated Press analysis of federal statistics. It’s a trend that’s...
