Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
Sep 6 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According...
Insuring Commercial Drones: Liability or Opportunity?
Sep 6 2021 // Developments in drone technology are often heralded as having the potential to change the landscape of business operations, most prominently in the consumer goods shipping sector. Yet, the development of federal regulation...
What’s an Employer to Do If Workers Avoid COVID Vaccine?
Sep 3 2021 // What can employers do if workers avoid COVID-19 vaccines? They can require vaccination and fire employees who don’t comply, or take other actions such as withholding company perks or charging extra for health...
German Labor Chief Says Employers Can’t Ask About Employees’ Vaccine Status
Sep 1 2021 // German companies will not be granted the right to find out whether their employees are vaccinated against COVID-19, although provisions could be made for some particularly risky workplaces, the labor minister said on...
Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber
Aug 27 2021 // Cyber insurance platform Sayata has raised $17 million in new venture capital and plans to expand to offer more specialty coverages. The startup’s platform automates the quote and bind process to help wholesale...
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
Aug 24 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According...
Texas Takes 1.6K Commercial Vehicles Off the Road After International Roadcheck
Aug 19 2021 // Texas public safety officials said on Aug. 18 that an inspection of 6,288 commercial motor vehicles in the state resulted in more than 1,000 citations, over 18,500 warnings and more than 1,600 vehicles taken out of service...
Agencies Ride Commercial Prices, Reopened Economy to Record Organic Growth
Aug 17 2021 // Buoyed by the hard market and rebounding economy, Independent insurance agents and brokers grew overall by 7.1% in the second quarter, surpassing the 6.9% organic growth reported eight years ago in the second quarter of...
OSHA Urges Employers to Require Vaccinated Workers to Wear Masks
Aug 16 2021 // The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, amid a surge in COVID-19...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return
Aug 16 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
Employers Get Religion With Vaccine Mandates
Aug 12 2021 // As coronavirus infections rise again, U.S. companies mandating vaccinations are confronting an uncomfortable question rarely asked by an employer – what is an employee’s religious belief? Google’s parent...
Biden Administration Examining How Far Employers Can Go in Mandating Vaccines
Aug 9 2021 // The Biden administration is examining what authority businesses have to mandate vaccines, a top U.S. official told Reuters on Friday, as it considers what more steps can be done to halt the spread of COVID-19. “We...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return
Aug 6 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
New Hampshire State Police Discover 100-Plus Commercial Vehicle Violations
Aug 3 2021 // The New Hampshire State Police discovered 189 commercial vehicle violations following a day-long focus on safety. Police said 42 of the violations discovered were so severe that they created a condition where the vehicle...
Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform
Aug 3 2021 // Colorado-based reThought Insurance, a managing general agency focused on the flood insurance market, has secured $15.5 million in investment to accelerate its growth. The company currently writes flood coverage for complex...
Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses
Aug 2 2021 // DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua Browder. The firm raised $10...
Pressure on Workers to Get Vaccine Grows as Patience Runs Thin for U.S. Employers
Jul 28 2021 // As a resurgence in Covid-19 cases prompts more U.S. employers to require vaccinations, workers who object face a common response: Get a shot or get another job. In the past six weeks alone, a federal judge in Texas...
World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report
Jul 28 2021 // There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday. The shipping industry is...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh
Jul 28 2021 // Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far from their peak at the end of 2020, according to a new Marsh report. The Q2 numbers reflect...
Hippo Enters Commercial Insurance Market With Homeowners Association Product
Jul 23 2021 // Home insurtech Hippo is jumping into the commercial insurance market. The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first...
