Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Drugs in U.S. Workplace at Highest Level in Decade
Sep 16 2016 // Following years of declines, the percentage of employees in the combined U.S. workforce testing positive for drugs has steadily increased over the last three years to a 10-year high. An analysis of nearly 11 million...
Cargo-Handling Firm Fined Nearly $339K for Workplace Hazards at O’Hare Airport
Sep 14 2016 // Federal safety workplace officials have cited a major cargo-handling company for exposing forklift operators at Chicago’s O’Hare International Airport to struck-by and electrical hazards, and proposed penalties...
New York to Provide $5M in Grants to Prevent Workplace Injuries
Sep 14 2016 // New York state is providing $5 million in grants to improve safety conditions in low-wage industries. Gov. Andrew Cuomo announced the program Saturday after participating in a Labor Day parade in New York City. The...
Argentina Looks to Lower Workplace Injury Costs
Sep 14 2016 // Argentina is preparing a new workplace injury law as it seeks to reduce costs for companies, some of which spend as much as 20 percent of their labor budget on insurance, said Cabinet Secretary Mario Quintana. The bill...
AIG Commercial Lines CEO Schimek Eyes Acquisitions for Value-Added, Not Scale
Sep 12 2016 // American International Group Inc. would weigh acquisitions to bolster high-priority businesses, even as Chief Executive Officer Peter Hancock exits other units, the head of the company’s commercial insurance...
Work Comp Bureau Funding Workplace Safety Research at Ohio Universities
Sep 12 2016 // The state Bureau of Workers’ Compensation has awarded two Ohio universities with money to research occupational health and safety. The grants support research in how injuries can prevented in the workplace and ways...
Louisiana Economic Development: $8.7B Residential, Commercial Damage in August Flood
Sep 12 2016 // The August 2016 flooding in Louisiana caused an estimated $8.7 billion in damage to residential and commercial properties, according to Louisiana Economic Development. Damage to businesses in the state has exceeded $2...
How Employer Cash Flow Impacts Workplace Safety
Sep 7 2016 // More than 3.5 million workplace injuries and illnesses occur each year in the United States, costing an estimated $250 billion annually. A new study from The University of Texas at Dallas examined how financing constraints...
Hudson Insurance Launches Commercial Excess & Umbrella Unit, Taps Farrell to Lead
Sep 6 2016 // Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted basis in all 50 states. Led by Thomas Farrell, the unit will operate on a limited...
Nurses on Strike at 5 Minnesota Hospitals over Insurance, Workplace Safety
Sep 6 2016 // Thousands of nurses at five Minnesota hospitals on Sept. 5 began an open-ended strike in a dispute over health insurance, workplace safety and staffing. Clad in red T-shirts, members of the Minnesota Nurses Association,...
Finding Clues to Spot Violence in the Workplace
Sep 6 2016 // In most incidents involving violence in the workplace, there are warning signs that precede an event, according to Jim Satterfield, president, COO and founder of crisis coaching firm Firestorm. According to a Firestorm...
California Commissioner Approves Rate Reductions on State Farm Commercial Policies
Sep 6 2016 // California Insurance Commissioner Dave Jones approved rate reductions for several State Farm commercial policies that he said will bring millions of dollars in premium savings for tens of thousands of small businesses,...
Workplace Deaths on Rise in Missouri
Sep 1 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...
Dill Joins Higginbotham as Commercial Broker in Houston
Aug 30 2016 // Insurance and financial services firm, Higginbotham, has hired commercial property/casualty insurance broker Ryan B. Dill as associate at its Houston practice. Dill joins Higginbotham’s 110 local insurance, risk...
California Commissioner Approves Rate Reductions on State Farm Commercial Policies
Aug 24 2016 // California Insurance Commissioner Dave Jones has approved rate reductions for several State Farm commercial policies that he said will bring millions of dollars in premium savings for tens of thousands of small businesses,...
Stoneburner to Retire; Spray to Lead Commercial Lines at Cincinnati Insurance
Aug 23 2016 // Cincinnati Financial Corp. announced that Charles P. (Bud) Stoneburner II, senior vice president – commercial lines for its lead subsidiary, Cincinnati Insurance Co., will retire within the next six months. Upon his...
Man Pleads Guilty to Stealing $1.4M from Pennsylvania Employer
Aug 22 2016 // A man federal prosecutors say was victimized in an overseas, online romance scam has pleaded guilty to wire fraud for stealing more than $1.4 million from two Pittsburgh, Penn., area companies whose funds he controlled,...
Small Business Satisfaction
Aug 22 2016 // No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers,...
New Jersey Manufacturer Faces $56K in Fines for 10 Workplace Safety Violations
Aug 19 2016 // National Manufacturing Co. Inc. of Chatham, N.J., was cited in July by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for 10 workplace safety violations, amounting to $56,000 in...
BTIS Announces Launch of New Online Commercial Auto Program
Aug 18 2016 // Rocklin, CA, August 18, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30...
