Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
What Drives Satisfaction in Large Commercial Insurance Market?: J.D. Power
Dec 19 2016 // The profitability of an insurance company and the quality of advice given by an insured’s insurance broker make the most difference in customer satisfaction for commercial insurance, a new study revealed. According...
D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable
Dec 19 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall. The latest Willis Towers...
Next Insurance, Munich Re to Offer Coverage for Commercial Photographers
Dec 14 2016 // Next Insurance has partnered with Munich Re to launch a product targeting commercial photographers, who will be able to buy, renew and maintain policies online. According to a 2016 report by McKinsey & Co, the small...
State Marijuana Laws Are Changing But Employer Attitudes, Federal Law Aren’t
Dec 14 2016 // Changing marijuana laws aren’t necessarily making weed more welcome in the workplace. For now, many employers appear to be sticking with their drug testing and personal conduct policies, even in states where...
Chubb Appoints Updyke to Lead Commercial Insurance Operations
Dec 13 2016 // Chubb, the world’s largest publicly traded property and casualty insurance company, has appointed Jeffrey Updyke as regional manager for the Northeast and Mid-Atlantic Regions of the company’s commercial...
D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable
Dec 13 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall. The latest Willis Towers...
Dual Commercial Adds Nesterenko and Lynch in California
Dec 12 2016 // DUAL Commercial has named Melanie Nesterenko and Brian Lynch to their environmental team. Nesterenko and Lynch, both senior underwriters, will be based in San Francisco, Calif. Nesterenko has more than 25 years of...
Insurers’ Financial Strength, Brokers’ Expertise Drive Satisfaction in Large Commercial Market: J.D. Power
Dec 5 2016 // The profitability of an insurance company and the quality of advice given by an insurance broker makes the most difference when it comes to customer satisfaction for commercial insurance, a new industry study...
Update: Hackers Steal $31M from Russian Central & Commercial Banks
Dec 5 2016 // Hackers stole more than 2 billion roubles ($31 million) from correspondent accounts at the Russian central bank and from accounts in commercial banks, the bank said on Friday [Dec. 2], the latest example of an escalation...
DUAL Commercial, Aspen Insurance Partner on Management Liability Program
Nov 30 2016 // DUAL Commercial, a subsidiary of the Hyperion Insurance Group Limited, has partnered with Aspen American Insurance Co., part of Aspen Insurance Holdings Limited, enabling DUAL to provide a broader management liability...
Too Often, Small Businesses Learn Insurance Lessons After Disaster Strikes
Nov 28 2016 // A fire at the gun shop next door never reached Kathy Laurienti’s sausage and specialty food store, but the water and smoke damage was enough to shut her business down. Because Laurienti didn’t have enough...
Small Business Insurance Site CoverWallet Pulls In $7.8 Million in Funding
Nov 17 2016 // Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by Union Square Ventures, bringing its total raised to date to $9.5 million. In addition to Union...
Starr Launches Site Selling Directly to Small Businesses
Nov 17 2016 // Starr Companies has joined a growing roster of insurers selling insurance directly to small business owners online with its launch of Starr Insure. The new digital agency currently offers property/casualty business owner...
RSA Restructures UK Commercial Lines Operation; Names CUO for UK & Int’l
Nov 16 2016 // London-based RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for the UK & International region. Effective...
QBE Expands Commercial Products to Include Cyber, Data Compromise Coverage
Nov 14 2016 // QBE North America, an operating division of global insurer QBE Insurance Group Limited, has launched CyberOne and Data Compromise, an expanded suite of products and services designed to help protect small to medium-sized...
Drone Makers Shift to Commercial Uses as Consumer Market Crashes
Nov 14 2016 // The fledgling drone industry is in the throes of change as weak consumer demand and falling prices drive startups to shift their focus to specialized business applications. 3D Robotics – an early drone startup that...
Arkansas Company Fined Nearly $125K for Repeat Workplace Hazards
Nov 9 2016 // Federal safety officials have cited Bekaert Corp. in Van Buren, Arkansas, after an employee suffered an amputation while trying to untangle moving wire at an Arkansas facility that manipulates and coats steel products. An...
Connecticut’s Business Risk Partners Hires Bizzoso and Landaverde
Nov 8 2016 // Business Risk Partners (BRP), a specialty underwriter and program administrator based in Windsor, Conn., hired Greg Bizzoso as an E&O product manager and team leader for miscellaneous professional liability (MPL) and...
Amazon Drivers Deliver ‘Joint Employer’ Claims Against E-commerce Giant
Nov 4 2016 // Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked for...
Crest Names Abud Commercial Lines Producer in Arizona
Nov 3 2016 // Crest Insurance Group LLC has named Rosette Abud a commercial lines producer in its Arizona office. Abud has a background in human resources. She was formally the district manager of BenefitMall Payroll and Human Resource...
