Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Small Businesses Underestimate Cyber Risks Despite Increased Threats: IBC Survey
Sep 29 2023 // Most small businesses don’t believe they will experience a cyber attack, yet many employees are concerned they are putting their organizations at risk, according to a recent poll by Insurance Bureau of Canada...
RT Specialty Expands RT Connector for Small Commercial Market
Sep 28 2023 // RT Specialty, the wholesale distribution division of Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, announced its continued expansion of RT Connector, which provides digital solutions for...
People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen
Sep 27 2023 // This edition of International People Moves details appointments at Sompo International and Allianz Commercial. A summary of these new hires follows here. Sompo Int’l Taps Chubb’s Gossé for Cyber Insurance,...
UK Workers Take Most Sick Leave in More Than a Decade: Employer Survey
Sep 26 2023 // British workers took the most sick leave in more than a decade during the past year, a survey of employers showed on Tuesday, adding to signs of a lasting increase in ill health since the COVID-19 pandemic. The Chartered...
VIAA Adds Two Missouri Agencies to Commercial Marketing Pod Program
Sep 25 2023 // Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, recently welcomed two alliance agencies to its members-only Commercial Marketing pod...
Indiana Workplace Officials Investigate Death of Man Injured While Working on Machine at Evansville Plant
Sep 22 2023 // EVANSVILLE, Ind. (AP) – Workplace safety officials are investigating the death of a southwestern Indiana man this week after he was injured at an Evansville plant. Christopher L. Payton, 59, died Monday after he suffered...
Next Insurance Offering Allows Agents to Customize Small Business Quotes
Sep 22 2023 // Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes to better meet the needs of their small business clients. Next’s Coverage Builder...
Arthur J. Gallagher Acquires Ace Commercial in California
Sep 22 2023 // Arthur J. Gallagher & Co. acquired Corona, California-based Ace Commercial Insurance Center. Jackie Hoang, Anhdy Nguyen and their team will remain in their current location under the direction of Scott Firestone, head...
Texas Manufactured Homes Company Faces Lawsuit for Alleged Racial Harassment in the Workplace
Sep 21 2023 // A Texas manufactured homes company was sued for subjecting an employee to a hostile work environment after learning learning of his multiracial family, according to a lawsuit filed by the U.S. Equal Employment Opportunity...
People Moves: Former CSAA CEO Troy Joins USAA; Big ‘I’ Installs McBride as New Chairman; Dagostino AXA XL’s Global Cyber CUO, Commercial
Sep 14 2023 // Former CSAA CEO Troy Joins USAA USAA has selected former CSAA president and chief executive Tom Troy as its chief transformation officer. He will start Sept. 25 and report to CEO Wayne Peacock. This newly created position...
People Moves: AXA XL Promotes Lebas to Head of Mid-Market, APAC & Europe; AgriSompo Int’l Taps EMC Re’s Smith as SVP International Operations Deputy
Sep 14 2023 // This edition of International People Moves details appointments at AXA XL and Sompo International’s AgriSompo. A summary of these new hires follows here. AXA XL Promotes Lebas to Head of Mid-Market, APAC &...
Q2 US Commercial Lines Prices Up 6.1%: WTW
Sep 12 2023 // According to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices in the U.S. continued to increase in the second quarter. The quarterly survey, answered by insurance carriers,...
Ground Zero Employers Must Notify Workers of 9/11 Benefits Under New Law
Sep 11 2023 // New York Gov. Kathy Hochul is expected to sign legislation today to assure that people who returned to work in close proximity to Ground Zero during the critical period following the 9/11 terrorist attacks are informed...
The Most Common Commercial Truck Accidents and Best Practices for Drivers to Avoid Them
Sep 5 2023 // This post is part of a series sponsored by IAT Insurance Group. Protecting your fleet and maintaining steady operations today means implementing risk management practices to combat rising costs and reduce claims. Our...
Critics of Workplace Diversity Efforts Eye Civil War-Era Law
Sep 1 2023 // Several suits filed on behalf of White workers following the US Supreme Court’s decision outlawing affirmative action in higher education are banking on a Civil War-era statute guaranteeing equal rights to Black...
4 Best Practices: A Guide to Commercial Roof Inspection
Sep 1 2023 // This post is part of a series sponsored by IAT Insurance Group. The bite of winter and early spring storms pack a punch that could impact the condition of all commercial building types. Consider this true claim story: A...
Appeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers
Aug 31 2023 // The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders. The...
Ohio Bureau of Workers’ Compensation Announces 3.9% Rate Reduction for Public Employers in 2024
Aug 30 2023 // The Ohio Bureau of Workers’ Compensation announced a 3.9% rate reduction for the state’s public employers, a rate cut that will go into effect Jan. 1, 2024. The rate reduction will result in nearly $8 million...
Texas Wire Drawing Company Faces $299K in Fines After Fatal Workplace Accident
Aug 24 2023 // A federal investigation has found that a San Antonio, Texas wire drawing company could have prevented an employee from suffering fatal injuries by following required workplace safety standards. Investigators with the U.S....
People Moves: Hamann Named President of Hanover Small Commercial; Chilson Becomes Argo Surety President; Ryan Specialty Hires Conklin for Chief HRO
Aug 24 2023 // The Hanover Appoints Hamann President of Small Commercial The Hanover Insurance Group, Inc., headquartered in Worcester, Mass., appointed Charles (Chip) F. Hamann to president of small commercial. Hamann has over 35 years...
