Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
WTW Acquires Michigan’s Global Commercial Credit
Apr 1 2025 // WTW announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis, a WTW business. This strategic acquisition will accelerate performance by expanding into specialized businesses that align with the...
California OKs Increase in FAIR Plan Commercial Property Coverage Limits
Mar 31 2025 // California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW Pricing Survey Reveals
Mar 24 2025 // U.S. commercial insurance rates showed a continued upward trend, with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
Justice Department Launches Hostile Workplace Probe into University of California
Mar 24 2025 // The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses. The investigation, being...
How to Build Trust with Small Business Insurance Clients
Mar 24 2025 // Establishing trust with small business clients is key to maintaining their loyalty over time. Insurance professionals can build trust and communicate effectively with smaller enterprises by focusing on personalized...
Ergo Enters US Small Business Insurance Market With Full Buy of Next Insurance
Mar 20 2025 // Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly...
People Moves: Shipper to Head Beazley N.A. Commercial Property; Porch Group Names New Leadership; Allstate Names Carter as CHRO
Mar 14 2025 // Lindsay Shipper Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to Richard Montminy, group head of property risks, and will be based in...
Chubb Combines Lower Middle Market and Digital Small Business Units
Mar 12 2025 // Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower Middle Market and Digital Small Business divisions into a single unit. The new unit...
Hinterland Insurance Names Mohmoud Bondugjie AVP, Restructures Commercial Divisions
Mar 12 2025 // DENVER, Mar. 12 2025 — Hinterland Insurance (Hinterland) has announced the appointment of Mohmoud Bondugjie as the new Assistant Vice President of General Commercial, a strategic move aligned with the company’s...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS
Mar 11 2025 // U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
Viewpoint: A Review of California’s Workplace Violence Prevention Law
Mar 10 2025 // Workers’ compensation insurers and California employers alike have faced new responsibilities for employee safety from July 1, 2024, when legislation aimed at reducing workplace violence took effect. Now that the law...
Preventing Workplace Violence Not One-Size-Fits-All Exercise: Risk Management Experts
Mar 10 2025 // Businesses are now required to implement robust workplace violence prevention plans in California under a new law that became effective in July 2024. But risk management experts warn that compliance needs to be more than a...
Justice Department Launches Hostile Workplace Probe into University of California
Mar 6 2025 // The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses. The investigation, being...
Ohio to Cut Private Employer Workers’ Comp Rates by 6%
Mar 4 2025 // The Ohio Bureau of Workers’ Compensation board of directors announced a 6% rate cut for private employees effective July 1, 2025. The reduction follows a 7% rate cut for private employers last year. Ohio’s...
People Moves: Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance
Feb 27 2025 // This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here. Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe Beazley, the...
People Moves: The Liberty Company Names Martine VP, Producer; LP Names Santoni Director Commercial Lines
Feb 27 2025 // Martine Joins The Liberty Company as VP, Producer Derrick Martine The Liberty Company named Derrick Martine vice president, producer, employee benefits in its Irvine, California, office. At Liberty, Martine consults with...
People Moves: Allianz Commercial Appoints Contreras Portfolio Solutions Leader; Risk Strategies Names Simon Managing Director, Private Equity
Feb 25 2025 // Allianz Commercial Appoints Contreras North American Portfolio Solutions Leader Jenna Contreras Allianz Commercial, headquartered in New York City, appointed Jenna Contreras to the North American distribution team in the...
Pennsylvania’s NSM to Sell Commercial Insurance Division to Investment Firm
Feb 25 2025 // New Mountain Capital, an investment firm, has agreed to buy the commercial insurance division of Pennsylvania-based NSM Insurance Group. The firms said in a news release that the deal is expected to close in the next 45...
Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh
Feb 24 2025 // Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024—marking the second consecutive quarterly decrease after seven years of rising rates, according to the Global...
People Moves: Alliant Hires Leadley, Pelletiere and Rhatigano as Commercial Surety VPs
Feb 21 2025 // Jeff Leadley Alliant Insurance Services, headquartered in Irvine, California, hired Jeff Leadley, Glenn Pelletiere and Tom Rhatigan as senior vice presidents in Alliant Specialty, within the company’s national...
