Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
XL Catlin Introduces Commercial Crime Insurance Policy
Sep 11 2015 // To help businesses recover from the financial repercussions of corporate crime, XL Catlin’s Global Crime business has introduced a new commercial crime insurance policy in the US. According to Greg Bangs, chief...
ACE Names Leaders for New Chubb Business Units, Major Product Lines
Sep 8 2015 // ACE Limited today revealed the leadership teams for the company’s North American business units, including national accounts, middle market, small commercial, high net worth personal lines, wholesale/excess and...
Verisk Names Zurich’s Mourad as Senior VP Commercial Lines
Sep 8 2015 // Maroun Mourad, most recently with Zurich Insurance, has joined insurance information provider Verisk Insurance Solutions as senior vice president of Commercial Lines Domestic and Global, ISO Insurance Programs and Analytic...
Nebraska Flooring Company Fined $244K for Workplace Dangers
Sep 4 2015 // Federal safety officials have placed a Norfolk, Neb., flooring manufacturer into a severe violator program for workplace safety hazards and attempting to hide those hazards from safety inspectors. U.S. Department of Labor...
66% of Small Businesses Lack Business Interruption Coverage: Survey
Sep 2 2015 // Nearly 75 percent of small businesses say they don’t have a disaster recovery plan in place. For companies with fewer than 50 employees, just one in five – or 18 percent – have one, according to a new...
Willis UK, AIG Launch Automatically Renewing Policy for Mid-Market
Sep 1 2015 // Willis Group Holdings and American International Group, Inc. have launched “Evergreen,” described as “an innovative, new approach to insurance that removes the need for annual policy renewal – the first...
Atlas General Insurance Services, LLC Commercial Division Announces Further Product Expansion and Enhancements
Sep 1 2015 // San Diego, CA, September 1, 2015 – Atlas General Insurance Services, LLC (“Atlas”) is pleased to announce that it has recently expanded its commercial package, general liability, and inland marine...
Joint Employer Ruling Hikes Parent Companies’ Liability, Unions’ Bargaining Power
Aug 31 2015 // A major ruling handed down on Thursday by the U.S. National Labor Relations Board could give unions greater bargaining power by enabling them to negotiate directly with large parent companies like McDonald’s that...
West Virginia Takes 212 Commercial Vehicles off Road After Failed Inspections
Aug 31 2015 // The West Virginia Public Service Commission says 212 commercial vehicles were taken out of service as a result of recent inspections. Violations found by PSC transportation enforcement officers included faulty brakes,...
Franchise Parents, Staffing Firms Ruled Joint Employers Under Labor Law
Aug 28 2015 // More companies may be held responsible for labor-law violations committed by contractors and forced to negotiate wages and benefits with their workers under a decision by a politically split U.S. labor board. The National...
Chubb’s Stephenson Joins CNA Commercial as Chief Underwriting Officer
Aug 24 2015 // CNA has appointed Julie Stephenson as senior vice president and chief underwriting officer for CNA Commercial. In this role, Stephenson will be responsible for underwriting oversight and governance for all business written...
8 Ways Katrina Changed Commercial Property Insurance
Aug 21 2015 // Hurricane Katrina, which devastated New Orleans 10 years ago, is responsible for a number of changes in the commercial property insurance market. According to Rick Miller, U.S. property practice leader at Aon Risk...
Maryland’s Chesapeake Employers Promotes Johnson to Director
Aug 21 2015 // Tammy Johnson Chesapeake Employers’ Insurance Company, the largest writer of workers’ compensation insurance in Maryland, promoted Tammy Johnson to director of the Strategic Business Unit. In this position,...
ACE Commercial Expands Small Business Specialty Offerings Online
Aug 20 2015 // ACE Commercial Risk Services (ACE CRS) announced several new products that expand its suite of specialty commercial products for small businesses. The products are available through ACE Solutions Fast Track, an online...
States Developing IRA Plans for Small Business Employees
Aug 18 2015 // For people working for a small business that doesn’t have a retirement plan, help is on the way. Roughly half of the U.S. states are working to create government-sponsored automatic individual retirement account...
Alliant in California Names Bennetsen to Lead Middle Market Division
Aug 17 2015 // Newport Beach, Calif.-based Alliant Insurance Services has named Robert Bennetsen to lead its Alliant Americas division as executive vice President and senior managing director. Bennetsen will spearhead Alliant’s...
Higginbotham, Commercial Global Insurance Join Forces
Aug 11 2015 // Independent insurance broker Higginbotham, based in Fort Worth, and Commercial Global Insurance (CGI) are merging their operations in Friendswood, Texas. CGI is an independent broker in Deer Park, Texas. CGI will merge its...
‘Affinity Schemes’ Achieving Growth in UK Commercial Lines: Finaccord Report
Aug 11 2015 // A new report from UK-based financial marketing and consulting firm Finaccord concludes that “affinity schemes for commercial lines insurance in the UK are on the rise as brokers and underwriters strive to grow market...
Ohio Steel Company Fined $162K for Workplace Hazards
Aug 10 2015 // Federal safety officials have proposed penalties totaling $162,400 against an Ohio-based steel manufacturer for exposing workers to workplace hazards. While Republic Steel has made a significant investment in personnel,...
ACE Launches Website for Employers’ Liability Clients in UK & Ireland
Aug 10 2015 // ACE has launched ACE Risk Manager, a website designed for its employers’ liability (EL) clients in the UK and Ireland. Advice on the site is designed to help companies improve the management of health and safety...
