Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Employers Asked to Reveal Data to Test Their Diversity Pledges
Oct 16 2020 // More data disclosure will help investors, employees and customers judge the pledges many American companies have made to diversify their workforces and boardrooms, activists and analysts said on Tuesday. Companies should...
New Guy Carpenter Unit Serves Carriers, MGAs in Program Business Market
Oct 14 2020 // Global reinsurance broker Guy Carpenter & Co. has started a new dedicated unit to provide services to insurance carriers and managing general agencies (MGAs) operating in the program business market. The new unit, GC...
Generali Global Corporate & Commercial Names Moore as UK Branch General Manager
Oct 12 2020 // Generali Global Corporate & Commercial has appointed Alan Moore as UK Branch general manager, reporting to Manlio Lostuzzi, Global Corporate & Commercial CEO, effective Oct. 1. Moore will maintain his current role...
Munich Re Specialty Launches E&O Covearge for Mid-Sized Law Firms
Oct 12 2020 // Munich Re Specialty Insurance has launched a lawyers professional liability (LPL) insurance product, an errors and omissions policy specially designed for mid-size law firms. The LPL policy provides up to $5 million in...
Gulino to Lead The Hartford’s Middle/Large Commercial Insurance Central Division
Oct 8 2020 // Bob Gulino has been appointed as head of The Hartford’s Central Division for the company’s middle and large commercial insurance business. Gulino now leads the sales and underwriting operations for the...
EPIC Adds MetLife’s Johnson to National Employer Consulting Practice in Atlanta
Oct 8 2020 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has added Robert Johnson as principal. Johnson’s primary focus will be new client...
Bold Penguin Acquires RiskGenius in Commercial Insurance Technology Deal
Oct 6 2020 // Insurance technology firm Bold Penguin has acquired RiskGenius in a deal that the two commercial lines insurtechs said will help grow their reach more than they have been able to thus far on their own, Carrier Management...
To Improve Profitability and Sales, ‘Fire’ Your Small Commercial Accounts
Oct 5 2020 // We all know about the Pareto Principle, the 80/20 rule. It also applies when analyzing the profitability and the work required for an agency’s book of business. Roughly 20% of the accounts generate 80% of the...
Berkshire Hathaway GUARD Expands Commercial Package Coverage into Illinois
Oct 1 2020 // Berkshire Hathaway GUARD Insurance Companies has added Illinois to the list of states where the insurer offers its Commercial Package Policy. The product includes commercial property featuring limits up to $120 million per...
Chubb Names Updyke as Division President of Chubb Small Business
Sep 29 2020 // Insurer Chubb has named Jeffrey Updyke as vice president, Chubb Group, and division president, Chubb Small Business. In this capacity, Updyke will have executive responsibility for Chubb’s retail insurance business...
Connecticut Workplace Shooter Says Gun Fired By Accident
Sep 29 2020 // A man charged with wounding his boss and another employee in a shooting at a Connecticut trucking company told police his handgun fired by accident and he only intended to scare his manager, according to an arrest warrant...
Police Say Connecticut Workplace Shooter Extradited, Charged with Assault
Sep 28 2020 // A truck driver accused of shooting his boss and wounding another person outside a Connecticut industrial building was charged Wednesday with assault and other crimes after being brought back from Massachusetts, where...
Crest in Colorado Promotes VanGotten to Assistant Commercial Lines Manager
Sep 28 2020 // Crest Insurance LLC of Denver, Colo., has promoted Jason VanGotten to assistant commercial lines manager. His prior experience includes ownership of a home inspection company, and a producer for Colorado Restaurant...
Michigan House Passes Bills Shielding Employers from Virus Lawsuits
Sep 25 2020 // A divided Michigan House voted on Sept. 23 to shield health providers and businesses from coronavirus-related lawsuits filed by patients, employees or customers, advancing bills that majority Republicans said would give...
Lloyd’s CEO Neal Sees Appeal of COVID Business Insurance Ruling Coming
Sep 25 2020 // Lloyd’s of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to be...
Two Wounded in Connecticut Workplace Shooting, Suspect in Custody
Sep 24 2020 // A shooter opened fire and wounded two people outside a Connecticut business Tuesday and was taken into custody at gunpoint on a highway in Massachusetts, police said. Both victims were treated at a hospital and...
Crest Insurance in Arizona Names Hankal Commercial Lines Manager
Sep 24 2020 // Crest Insurance Group LLC of Scottsdale, Ariz. has promoted Lisa Hankal to commercial lines manager. Hankal will be overseeing employees within the commercial lines department from all seven branches including Tucson,...
Texas Auto Insurance Plan Association Requests 4.8% Commercial Rate Hike
Sep 23 2020 // The Texas Automobile Insurance Plan Association (TAIPA) has filed a request with the Texas Department of Insurance to charge new insurance rates for commercial automobiles. The filed rates represent a 4.8% increase in...
Startups Developing Technologies to Clean Air in Workplaces of Coronavirus
Sep 21 2020 // Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were up 190% over the same period in 2019. Then the pandemic hit, and the close quarters of meatpacking...
U.S. Commercial Insurance Prices Rose Almost 10% in Q2: WTW
Sep 21 2020 // U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019. Excess/umbrella and directors’ and officers’...
