Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Businesses to Receive Workplace Safety Grants from Missouri Employers Mutual
Dec 18 2017 // Workers’ compensation insurer, Missouri Employers Mutual (MEM), has announced a third round of safety grant recipients after awarding safety grants to 37 Missouri businesses previously. Safety grants help Missouri...
CVS-Aetna Merger Will Influence Employers’ Benefits Decisions: Aon
Dec 18 2017 // CVS Corp.’s proposed purchase of Aetna Inc. will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found. CVS, the...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 18 2017 // Overall customer satisfaction with large commercial insurers increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the J.D....
Trump’s Labor Board Overturns Obama ‘Joint Employer’ Rule
Dec 15 2017 // A U.S. labor board on Thursday overturned an Obama-era ruling that had made it easier for unions and workers to hold companies accountable for practices of contractors and franchisees, a decision welcomed by business...
Arrowhead Expands Its New Small Business Underwriting Staff
Dec 14 2017 // San Diego, CA, December 14, 2017 – Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the addition of Alan Nelson as West region leader of Arrowhead Core Commercial. Al comes to Arrowhead with over 30...
Police: Explosion at Detroit Commercial Building Leaves 1 Dead
Dec 13 2017 // Authorities say one person is dead after a pressurized tank apparently exploded at a commercial building on Detroit’s east side. Detroit police Capt. Mark Thornton says two people were at the building Monday night...
Why Publishing Policies Against Workplace Sexual Harassment Is Not Enough
Dec 12 2017 // Sexual misconduct happens at work not because companies don’t publish anti-harassment policies, experts say, but because managers don’t enforce them – and because people fail to apply them to...
Commercial Insurance Prices in U.S. Stayed Flat in Q3: Willis Towers Watson
Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...
Indiana Fines Rural King $14K for Alleged Workplace Safety Violations
Dec 7 2017 // Indiana state regulators have fined farm supply chain Rural King $14,000 for alleged safety violations at a southern Indiana warehouse. The Indiana Occupational Safety and Health Administration issued a Nov. 30 order that...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 7 2017 // Overall customer satisfaction with large commercial insurers has increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the...
UK Broker THB Taps Durkan from Gallagher as Commercial & Placement Director
Dec 7 2017 // THB, the London-based specialist insurance and reinsurance broker, announced the appointment of Declan Durkan as commercial and placement director, THB UK Risk Solutions, the combined fleet and commercial operation of THB...
COUNTRY Financial Appoints Thorpe VP of Commercial/Agribusiness Underwriting
Dec 6 2017 // Andrea Thorpe, of Bloomington, Illinois, has been named vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. She replaces Sheri Bane who will retire in January 2018. Thorpe will lead the...
USI Completes Acquisition of Wells Fargo Commercial Insurance Business
Dec 4 2017 // USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting,...
Global Commercial Insurance Rates Decrease Again: Marsh
Dec 4 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Dec 4 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
Ex-Ohio State Star Spielman Widens Lawsuit over Commercial Use of Image
Nov 30 2017 // A former Ohio State and NFL star is asking a judge to let him expand a class-action lawsuit over allegations that marketing campaigns for dozens of big-time colleges and universities improperly used the images of thousands...
Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit
Nov 30 2017 // Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit. He will be responsible for further...
Commercial Insurance Rate Decreases Slowing Globally: Marsh
Nov 22 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Nov 22 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...
