Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Appalachian Underwriters Hires 3 to its Commercial Specialty Division
May 29 2019 // Appalachian Underwriters, Inc. has hired three new underwriters to its Commercial Specialty division. April Cook comes to AUI with background in the underwriting industry, starting as a property and casualty renewal...
New Hampshire Governor Signs Workplace Safety Bill
May 22 2019 // New Hampshire Governor Chris Sununu was surrounded by the family of a deceased highway department worker as he signed a bill aimed at improving workplace safety for New Hampshire’s public sector employees. Tom...
Zurich North America Names Winters Head of U.S. Commercial Insurance Sales
May 21 2019 // Brian Winters has been appointed head of Sales and Distribution, U.S. Commercial Insurance, for Zurich North America. Zurich said the appointment is part of its effort to strengthen relationships with customers and...
Why Employers Should Stop Hiring Based on Work History
May 20 2019 // A common hiring philosophy used for generations is being flipped on its head by new research from Florida State University. Screening job applicants based on their prior work experience is often a mistake among employers,...
UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks
May 20 2019 // The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33...
Louisiana Supreme Court: No Prohibition Against Forum Selection Clause in Commercial Property Policy
May 20 2019 // The Louisiana Supreme Court has determined that state law does not expressly prohibit a clause in a commercial property insurance policy that specifies that any coverage dispute ending up in litigation must be heard in a...
Amazon Cited in Idaho for Workplace Safety Violations
May 20 2019 // Amazon has resolved the workplace violations cited against the online retail giant’s temporary distribution center in Idaho. The Occupational Safety and Health Administration cited the company’s modular...
Louisiana Court: Law Doesn’t Prohibit Forum Selection Clause in Commercial Policy
May 17 2019 // The Louisiana Supreme Court has determined that state law does not expressly prohibit a clause in a commercial property insurance policy that specifies that any coverage dispute ending up in litigation must be heard in a...
California Agent Allegedly Steals $65K from Small Business Owners
May 16 2019 // California Insurance agent Francis Okyere, 67, self-surrendered this week at the Los Angeles County Superior Court after being charged with four felony counts of grand theft. The charges arose from an investigation by the...
Commercial Insurance Prices Were Up 3% Globally, 1.1% in U.S. in Q1: Marsh
May 16 2019 // Average global commercial insurance prices increased 3% in the first quarter of2019, according to broker Marsh. This represents the sixth consecutive quarter of average commercial insurance pricing increases, Marsh said in...
Employers Mutual, EMC Insurance Agree on $36 Per Share Buyout Price
May 15 2019 // Des Moines, Iowa-based Employers Mutual Casualty Co. (EMCC) and EMC Insurance Group Inc. (EMCI) have entered into a mutual agreement under which EMCC will acquire all the remaining shares of EMCI that it does not currently...
Why Less Data May Be More for Employers Using Wearables in Workplace
May 15 2019 // Employers deploying wearables in the workplace are possibly exposing themselves to more risk than they realize by collecting more data than they need. While some firms may want to deploy the technologies as much as...
Texas Insurance Bills on the Move; Commercial Property Measure Heads to Governor
May 10 2019 // The Insurance Council of Texas has reported several insurance bills of interest are moving in the Texas Legislature as the end of the session draws closer. SB 590/HB 1411, which addresses amendments, cancellations and...
UFG Insurance Appoints Donlick as Commercial Lines Underwriting Manager
May 9 2019 // UFG Insurance has appointed David Donlick as commercial lines underwriting manager for its East Coast regional office in Pennington, N.J. Donlick will succeed current assistant vice president and Commercial Lines...
Lloyd’s Invests in AI Startup Offering Liability Insurance Platform for Small Businesses
May 9 2019 // Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance. The investment follows Layr’s successful trial in the...
Progressive Rolls Out Small Business Insurance Comparison Quoting Platform
May 8 2019 // Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer’s new online BusinessQuote Explorer (BQX) delivers...
Iowa Court: No Claim for Workers’ Comp Insurer’s Failure to Inspect Workplace
May 8 2019 // Iowa’s high court has ruled in favor of a workers’ compensation insurer in a case in which a group of employees and former employees of a manufacturing plant alleged that the insurer failed to protect workers...
Amazon Cited in Idaho for Workplace Safety Violations
May 7 2019 // Amazon has resolved the workplace violations cited against the online retail giant’s temporary distribution center in Idaho. The Idaho Statesman reported the Occupational Safety and Health Administration cited the...
AmWINS, The Flood Insurance Agency Launch Commercial Property Flood Product
May 6 2019 // AmWINS Group, Inc., in conjunction with its recent acquisition of The Flood Insurance Agency (TFIA), has launched FloodFLEX, a new commercial property flood product designed to eliminate out-of-pocket expenses not covered...
U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg
May 6 2019 // Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019. “In the first quarter, in total,...
