Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Commercial Insurance Prices in U.S. Stayed Flat in Q3: Willis Towers Watson
Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...
Indiana Fines Rural King $14K for Alleged Workplace Safety Violations
Dec 7 2017 // Indiana state regulators have fined farm supply chain Rural King $14,000 for alleged safety violations at a southern Indiana warehouse. The Indiana Occupational Safety and Health Administration issued a Nov. 30 order that...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 7 2017 // Overall customer satisfaction with large commercial insurers has increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the...
UK Broker THB Taps Durkan from Gallagher as Commercial & Placement Director
Dec 7 2017 // THB, the London-based specialist insurance and reinsurance broker, announced the appointment of Declan Durkan as commercial and placement director, THB UK Risk Solutions, the combined fleet and commercial operation of THB...
COUNTRY Financial Appoints Thorpe VP of Commercial/Agribusiness Underwriting
Dec 6 2017 // Andrea Thorpe, of Bloomington, Illinois, has been named vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. She replaces Sheri Bane who will retire in January 2018. Thorpe will lead the...
USI Completes Acquisition of Wells Fargo Commercial Insurance Business
Dec 4 2017 // USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting,...
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...
