Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
CoverHound’s Cyber Insurance Site Now Open for Small Businesses
Oct 5 2016 // Two weeks after unveiling insurance offerings for small businesses on its online platform, CoverHound has launched another website—CyberPolicy.com—with cyber protection tools for a similar target market. Initially...
Wells Fargo Account Scandal Included Small Businesses, Says Senator
Oct 5 2016 // The scandal over improper sales practices at Wells Fargo & Co extended to thousands of small-business owners, according to a U.S. lawmaker, raising questions about the scope the bank’s issues with unauthorized...
Houston Machinery Rebuilder Fined $155K for Workplace Hazards
Oct 4 2016 // A machinery rebuilding company in Houston was cited by federal safety regulators on Sept. 28 for exposing employees to workplace hazards. The U.S. Department of Labor’s Occupational Safety and Health Administration...
Florida Approves Increases for Citizens Commercial Property Rates
Oct 4 2016 // The Florida Office of Insurance Regulation (OIR) has issued an order establishing the 2017 commercial property rates for Citizens Property Insurance Corporation. Rates are going up for all accounts except the Commercial...
CNA Appoints Korte to Commercial Customer Segments Senior VP
Oct 3 2016 // CNA announced the appointment of Dieter Korte to senior vice president, Customer Segments. In this role, Dieter will be responsible for the profitability, growth and strategic direction of CNA’s Commercial customer...
Hamilton, AIG, Two Sigma Small Business Platform to Launch Q4
Oct 3 2016 // American International Group Inc., Hamilton Insurance Group Ltd. and affiliates of Two Sigma Investments plan to launch Attune, a technology-enabled platform to serve the $80 billion U.S. small to medium-sized enterprise...
Argo Group Names Schaffer to Lead U.S. Commercial Programs in Colorado
Sep 30 2016 // Bart Schaffer will now be leading U.S. commercial programs at Argo Group. Schaffer is located in Denver, Colo. Schaffer was previously head of binding operations within Argo Group’s Colony Specialty company. Schaffer...
BTIS announces partnership with Hiscox for new bind-online Small Business Program
Sep 28 2016 // Rocklin, CA, September 28, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new partnership with Hiscox providing access to small business solutions in 49...
Stone Creek Names Brooks Assistant Commercial Account Manager in California
Sep 27 2016 // Stone Creek Insurance Agency has named Sinead Brooks an assistant commercial account manager in its Lafayette, Calif. headquarters. Brooks has three years of experience and specializes in the niche of construction, but...
Chubb Rolls Out New Business Owner’s Policy for Small Business
Sep 21 2016 // Chubb is rolling out a new business owner’s policy, Chubb BOP. Crafted for small businesses, Chubb BOP incorporates protection for property and liability exposures, a supporting umbrella liability product, and the...
Orchid Underwriters Expands Commercial Lines Programs into North, South Carolina
Sep 21 2016 // Orchid Underwriters, a specialty underwriter of excess & surplus insurance focusing on coastal properties, is expanding its commercial lines products into North Carolina and South Carolina. This is in addition to the...
CoverHound Small Business Commercial Suite Goes Live
Sep 21 2016 // Online personal insurance seller CoverHound is adding business insurance offerings— including workers’ compensation and commercial auto— to its online platform at CoverHound.com. The site is starting by focusing...
Zurich Launches Commercial Insurance Unit; Shea Named as Head
Sep 21 2016 // Zurich Insurance Group AG named James Shea to head a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring. Shea, 50, joins from American International Group Inc....
CNA Appoints Chubb’s Hernandez to Commercial Risk Control Post
Sep 21 2016 // CNA has named Steve Hernandez as senior vice president, Commercial Risk Control. Hernandez succeeds Bill Boyd who announced his retirement earlier this year after 12 years of service at CNA and a 38-year career in the...
Ohio Etching Plant Fined $256K for Workplace Safety Violations
Sep 19 2016 // Federal safety inspectors are recommending that a Cleveland, Ohio, etching company face $256,000 in penalties for safety and health violations. The Occupational Safety and Health Administration posted an imminent danger...
Covered California Prices for Small Business to Rise 5.9%
Sep 19 2016 // Small business employees who get health coverage through the Covered California health insurance exchange will see an average price increase of 5.9 percent next year. The figure announced last week affects roughly 28,000...
Internet Insurance Group Launches Online Insurance Platform for Small Businesses
Sep 19 2016 // Internet Insurance Group (IIG), a Waltham, Mass., based insurance agency that sells commercial insurance to small businesses, has launched its flagship website, SmallBusinessQuote.com. The firm has been working to build...
Residential, Commercial Damage from August Louisiana Flood Estimated at $8.7B
Sep 19 2016 // The August 2016 flooding in Louisiana caused an estimated $8.7 billion in damage to residential and commercial properties. Damage to businesses in the state has exceeded $2 billion, according to a report commissioned by...
Workplace Deaths on Rise in Missouri
Sep 19 2016 // Missouri has seen an increase in the number of workers killed while on the job, according to the Occupational Safety and Health Administration. Agency officials said 24 workplace deaths have been reported since...
Minnesotans on Employer Health Insurance Plans See Modest Rate Hikes
Sep 16 2016 // The majority of Minnesota residents aren’t experiencing the hefty health insurance rate hikes that shoppers who buy their coverage individually will see, according to data released by the federal government. More...
