Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Digital E&S Broker Pathpoint Releases Lessor’s Risk Commercial Package
Apr 20 2021 // Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents to access non-admitted coverage for property owners with a single...
P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best
Apr 19 2021 // The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for key commercial lines of coverage such as property catastrophe, commercial automobile,...
Supreme Court Declines to Hear Appeals on Workplace Religious Bias
Apr 19 2021 // The U.S. Supreme Court on this month sidestepped a chance to further expand religious rights, turning away two cases in which employees accused companies of violating federal anti-discrimination law by insufficiently...
Willis Towers Watson Launches ‘Radar Workbench’ for Commercial Underwriters
Apr 16 2021 // Insurance broker Willis Towers Watson has launched Radar Workbench, new software technology aims to transform the performance of frontline commercial underwriters. “Radar Workbench has been developed to provide the...
Hallmark Financial Plans to Pursue IPO of Specialty Commercial Business
Apr 15 2021 // Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard Commercial and Personal – plans to pursue an initial public offering of a...
Michigan Workplace Virus Rules, Office Restrictions Extended for 6 Months
Apr 15 2021 // Gov. Gretchen Whitmer’s administration has extended workplace coronavirus restrictions for an additional six months, including a requirement that Michigan employers prohibit office work if employees’ jobs can...
FRISS Acquires Ohio Commercial Insurance Data Manager, Terrene Labs
Apr 14 2021 // FRISS, a Netherlands-based provider of fraud, risk and compliance products and services for property/casualty insurance carriers, has acquired Terrene Labs, headquartered in Mason, Ohio. Terrene helps commercial...
Supreme Court Declines to Hear Appeals on Workplace Religious Bias
Apr 6 2021 // The U.S. Supreme Court on Monday sidestepped a chance to further expand religious rights, turning away two cases in which employees accused companies of violating federal anti-discrimination law by insufficiently...
Commercial Vehicle Accident Lawsuits Target of Texas Legislation
Apr 5 2021 // A pair of companion bills have been introduced in the Texas House and Senate that proponents say are aimed at providing consistency and uniformity in civil actions involving commercial vehicle accidents. Opponents, on the...
Leveraging carrier technology to support small business customers
Apr 2 2021 // This post is part of a series sponsored by The Hanover Insurance Group. The small commercial market offers tremendous opportunities for agents to increase their market share more than ever before, particularly for those...
Battle Brews over Texas Bills Aimed at Commercial Vehicle Accident Lawsuits
Mar 25 2021 // A battle is brewing between trucking and insurance industry interests and trial lawyers in Texas over a pair of companion bills introduced in the Texas House and Senate that proponents say are aimed at providing...
W. Virginia Enacts COVID Liability Protections for Employers, Health Care Providers
Mar 25 2021 // West Virginia Gov. Jim Justice has signed a bill that protects employers, health care providers and others from being sued due to the coronavirus pandemic. The bill offers protection from COVID-19 lawsuits even if public...
Zurich Debuts Global Business Unit Focused on Evolving Risks
Mar 19 2021 // Zurich Insurance Group created a new business unit designed to help customers address evolving risks. The global business unit, Zurich Resilience Solutions, is designed to provide services that help compliment traditional...
Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion
Mar 17 2021 // Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth and global expansion. The firm said it will use the funds to expand internationally as...
AXIS Partners with Elpha Secure to Provide Cyber Security for Small Businesses Globally
Mar 15 2021 // AXIS Insurance, the specialty insurance business segment of Bermuda-based AXIS Capital Holdings Ltd., has formed a strategic partnership with cyber security company Elpha Secure. Cyber insurance and software protection...
OSHA to Review COVID-19 Workplace Safety Enforcement Under Trump
Mar 15 2021 // Federal workplace safety regulators said on Friday they will revisit several COVID-19 related safety investigations performed during the Trump administration as part of a wider effort to better protect workers from the...
Hiscox Promotes Patel to Head of Direct Commercial in UK
Mar 12 2021 // Specialist insurer Hiscox announced the appointment of Isha Patel to head of Direct Commercial within Hiscox UK. Patel joined Hiscox in 2013 and since then her experience has spanned operations, finance and sales with...
Zurich Names Jordan, Heintz to Appoint U.S. Middle Market South Region
Mar 9 2021 // Zurich has promoted Kim Jordan to regional vice president for the South Region, and Jim Heintz was named the underwriting manager for the South Central area. Jordan and Heintz held their new positions on an interim basis...
Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4
Mar 9 2021 // U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey...
Retaliation Ranks Tops in 2020 Workplace Discrimination Complaints
Mar 8 2021 // More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal Employment Opportunity Commission (EEOC). Retaliation was the most frequently cited...
