Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Michigan Workplace Fatalities in 2016 Highest in a Decade
May 1 2017 // A state agency says 43 people were killed on the job in Michigan last year, and that’s the state’s highest number of workplace fatalities in a decade. The Michigan Occupational Safety and Health Administration...
LP Insurance Services Names Deacon to Commercial Sales Team in Arizona
May 1 2017 // LP Insurance Services Inc. has named David Deacon to its Arizona commercial insurance sales team. Deacon is responsible for developing new business relationships as well as retaining and servicing existing clients. Deacon...
Commercial Auto – The Long Road to Profitability
May 1 2017 // The commercial auto market has a long road ahead to reach profitability after five consecutive years of underwriting losses from 2011-2015. While many insurers upped rates in 2016, the year appears to be coming in with...
Arthur J. Gallagher Acquires Oklahoma’s Commercial Insurance Brokers
Apr 26 2017 // Arthur J. Gallagher & Co. has acquired Tulsa, Oklahoma-based Commercial Insurance Brokers LLC. Terms of the transaction were not disclosed. Formed in 2012, Commercial Insurance Brokers is a group of insurance producers...
Realities of Today’s Commercial Insurance Market: Willis Towers Watson
Apr 26 2017 // Fluid capital and ample capacity has kept the commercial insurance sector stable overall and also a buyers’ market. That reality holds despite potential regulatory and monetary policies pending in Washington, D.C....
Connecticut’s Business Risk Partners Hires Stein and Rathore
Apr 19 2017 // Specialty underwriter and program administrator Business Risk Partners (BRP), headquartered in Windsor, Conn., has added two new members to its Professional Liability (E&O) and Operations team. Jennifer Stein was named...
Hackers Target Japan’s Mobile Gamers to Access Their Employers’ Data
Apr 18 2017 // Gamers beware: hackers offering free virtual trinkets don’t care about your passwords or personal data, but your employer’s most closely guarded secrets. An employee at a Japanese high-tech company learned this...
All Risks Launches Commercial Earthquake Program
Apr 18 2017 // All Risks, Ltd. has introduced a new Specialty Property Earthquake Program with an exclusive A.M. Best “A” rated carrier. The Specialty Property Earthquake Program provides difference in conditions insurance,...
Risk Management: Employers Benefit from Mitigating Workplace Violence
Apr 17 2017 // Each year, close to 2 million workers are victims of workplace violence in the United States, according to the Occupational Safety and Health Administration (OSHA). The federal agency defines workplace violence as any act...
Chubb Names Gunter North America Commercial Chief to Succeed Retiring Pozzi
Apr 7 2017 // Scott Gunter has been appointed senior vice president, Chubb Group, and division president, North America Commercial Insurance. In his new role, Gunter will have executive operating responsibility for the retail commercial...
IVANS Index: Commercial Rates Up in Q1 Except Workers’ Compensation
Apr 6 2017 // Insurance premium renewal rate change for the majority of standard commercial lines products including auto, business owners, general liability, property and umbrella remained in positive territory for the first quarter....
Atlas General Insurance Services Expands National Commercial Presence
Apr 6 2017 // San Diego, CA, April 6, 2017 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced the expansion of their commercial programs to include coverage for...
Commercial Lines Prices Inch Up After Being Down for Long Time: MarketScout
Apr 5 2017 // For the first time in 20 months, the MarketScout composite rate index for commercial accounts in the United States measured a rate increase at plus 1 percent in the first quarter. Rates for business interruption, general...
Liberty Mutual’s Luce, BlueSky’s Hespe Join QBE North America Commercial Operation
Apr 4 2017 // QBE North America announced two executive appointments in the Property & Casualty business. Jamie Luce will lead the Commercial Insurance business as senior vice president. He will oversee all of the QBE North America...
Pinnacol Issues $50M in Workers’ Comp Dividends to Colorado Employers
Apr 3 2017 // Colorado workers’ compensation insurer Pinnacol Assurance is distributing $50 million in dividend checks to its policyholders. More than 53,000 employers throughout the state — roughly 94.2 percent of the...
Maryland’s Chesapeake Employers’ Insurance Reappoints 2 to Board
Mar 31 2017 // Chesapeake Employers’ Insurance Company, a Towson, Md.-based writer of workers’ compensation insurance, has reappointed Leonard Schuler Jr. as a member to the board of directors for a term of four years,...
Michigan Senate OKs Bill Authorizing Theft Fees on Commercial Trucks
Mar 30 2017 // Michigan state senators have approved legislation that could allow the Automobile Theft Prevention Authority to assess small fees on commercial vehicles, not just private passenger vehicles. Under current law, auto...
The Hartford Names Tooker as Head of Middle Market Segment
Mar 30 2017 // The Hartford has named A. Morris “Mo” Tooker, currently chief underwriting officer, as head of its Middle Market segment. Tooker remains chief underwriting officer for the company’s property/casualty...
Florida Court to Hear Lawsuit Against Employer, Wife of Nightclub Shooter
Mar 29 2017 // A lawsuit brought by victims of the Orlando nightclub massacre against the gunman’s employer and wife was withdrawn from federal court and filed in state court in South Florida on Monday. Attorneys for 61 Pulse...
Congress Nullifies Obama Workplace Injury Reporting Rule
Mar 24 2017 // The U.S. Senate (50-48) joined the House (231-191) in passing a resolution blocking a federal workplace injury and accident reporting rule put in place by the Obama Administration last December. The Department of Labor...
