Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Dill Joins Higginbotham as Commercial Broker in Houston
Aug 30 2016 // Insurance and financial services firm, Higginbotham, has hired commercial property/casualty insurance broker Ryan B. Dill as associate at its Houston practice. Dill joins Higginbotham’s 110 local insurance, risk...
California Commissioner Approves Rate Reductions on State Farm Commercial Policies
Aug 24 2016 // California Insurance Commissioner Dave Jones has approved rate reductions for several State Farm commercial policies that he said will bring millions of dollars in premium savings for tens of thousands of small businesses,...
Stoneburner to Retire; Spray to Lead Commercial Lines at Cincinnati Insurance
Aug 23 2016 // Cincinnati Financial Corp. announced that Charles P. (Bud) Stoneburner II, senior vice president – commercial lines for its lead subsidiary, Cincinnati Insurance Co., will retire within the next six months. Upon his...
Man Pleads Guilty to Stealing $1.4M from Pennsylvania Employer
Aug 22 2016 // A man federal prosecutors say was victimized in an overseas, online romance scam has pleaded guilty to wire fraud for stealing more than $1.4 million from two Pittsburgh, Penn., area companies whose funds he controlled,...
Small Business Satisfaction
Aug 22 2016 // No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers,...
New Jersey Manufacturer Faces $56K in Fines for 10 Workplace Safety Violations
Aug 19 2016 // National Manufacturing Co. Inc. of Chatham, N.J., was cited in July by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for 10 workplace safety violations, amounting to $56,000 in...
BTIS Announces Launch of New Online Commercial Auto Program
Aug 18 2016 // Rocklin, CA, August 18, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30...
New York Court Rules in Favor of Injured Electrician Seeking Recovery From Employer
Aug 15 2016 // A New York court has ruled in favor of an electrician seeking recovery of unsatisfied judgment from his employer and its insurance company after being injured on the job. Pramendra Persaud was injured after falling off of...
Hanover Stone Partners to Offer Vendor Risk Management Program for Commercial Entities
Aug 12 2016 // Hanover Stone Partners, a risk management services firm, and accounting and advisory firm Baker Tilly Virchow Krause, LLP, have partnered on a vendor risk management services to help businesses and other commercial...
New York Woman Faces 5 Years in Prison for Stealing $492K from Employer
Aug 10 2016 // A 61-year-old New York woman has been sentenced to prison time for stealing nearly half a million dollars from her longtime employer. The Erie County District Attorney’s Office said Bernadette Szymanski of...
Crain Shutters Business Insurance Publication to Focus on Markets with ‘Proven Growth Potential’
Aug 9 2016 // Business Insurance – a well-known industry publication for 49 years, has been abruptly shut down by parent company Crain Communications. The final issue of Business Insurance came out on Aug. 1. The publication’s...
Insurer Focus on Customers, Unique Policies Boosts Satisfaction Among Small Business Owners
Aug 9 2016 // No longer able to compete primarily on price, insurers are now focusing their efforts on pleasing customers, with the payoff being a significant increase in satisfaction among their small business commercial customers,...
Planning for the Worst: Terrorism and Workplace Violence
Aug 8 2016 // Several recent manmade events, including the attack at Pulse nightclub in Florida and the Belgium airport terrorist bombing, highlight the vulnerability of the workplace. Workplace violence costs employers more than $120...
Massachusetts Lowers Employer Assessment
Aug 8 2016 // The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.6 percent of the policy premium for the new fiscal...
Texas Manufacturer Faces $99K in Penalties Over Workplace Hazards
Aug 5 2016 // A Texas-based pre-cast concrete structure manufacturer has been cited by federal safety officials for 17 repeat, serious workplace safety violations and faces penalties totaling $99, 248. The Turner Company LLP was cited...
Houston Tortilla Factory Fined Nearly $107K for Workplace Hazards
Aug 4 2016 // Federal safety officials have proposed penalties of $106,700 against a Houston tortilla factory over unsafe conditions at the company’s workplace. The U.S. Department of Labor’s Occupational Safety and Health...
Chubb Enhances Cover for Commercial Entertainment Producers in UK & Ireland
Aug 4 2016 // Chubb said it has enhanced insurance policy wording for companies producing television and other advertising commercials in the UK & Ireland, as the creative industry sector continues to grow and its risks evolve. The...
Sompo Canopius Appoints Kedney as Chief Commercial Officer
Aug 1 2016 // Sompo Canopius* AG has appointed Paul Kedney as chief commercial officer. Kedney will join the group’s executive committee and work closely with Stuart Davies, group chief executive officer, and Mike Duffy, group...
POWERS Insurance Promotes Simkins to Commercial Account Manager
Jul 27 2016 // POWERS Insurance and Benefits, headquartered in St. Louis, Mo., has promoted Amy Simkins to commercial account manager. Simkins will assist the company’s producers when pursuing new business avenues, as well as...
Federal Workplace Safety Violation Fines Going Up Aug. 1
Jul 27 2016 // Businesses that are found in violation of federal occupational safety and health laws will pay more in penalties starting Aug. 1. Under a law passed by Congress last year, penalties that were last adjusted in 1990 are...
