Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Treasurer: Louisiana Small Business Grant Program to Begin in July
Jun 24 2020 // Some small businesses harmed by the coronavirus pandemic should start seeing grants from a $300 million federally financed program as soon as next month, Louisiana’s state treasurer said. The money is part of $1.8...
Prime Property & Casualty Insurance Inc. Provides Partnership Approach to the Commonwealth of Massachusetts Commercial Auto Market
Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...
Hiscox, Thimble to Offer Short-Term Business Insurance Plans
Jun 23 2020 // Hiscox has partnered with Thimble, a short-term liability insurance provider for small businesses, to offer coverage available by the hour, day or month. The partnership will allow Hiscox to give businesses flexibility,...
There’s Plenty of Room for Improvement in U.S. Commercial Lines: Fitch
Jun 22 2020 // With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has “plenty of room for...
Bold Penguin Partners with Ohio’s State Auto on Commercial Insurance
Jun 19 2020 // Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its platform, expanding its commercial auto insurance offering launched in...
$300M Small Business Aid Plan Signed by Louisiana Governor
Jun 17 2020 // Louisiana Gov. John Bel Edwards has signed a Republican-crafted plan to spend $300 million in federal coronavirus aid to help small businesses recover from the outbreak, agreeing to a grant program that peeled off dollars...
Insurtech Buckle Acquires Atlas Financial’s Commercial Auto Subsidiary, Gateway
Jun 17 2020 // Buckle, an insurtech startup focused on rideshare insurance, has acquired Gateway Insurance Co., a subsidiary of Schaumburg, Illinois-based Atlas Financial Holdings, for an undisclosed price. The move allows Buckle to...
Liability Waivers Not Always Effective But Employers Take ‘Better Safe Than Sorry’ View
Jun 17 2020 // As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19. Businesses fear they could be the target of...
FCCI Insurance Group to Begin Writing Commercial Insurance in Pennsylvania
Jun 17 2020 // Sarasota, Florida-based property and casualty insurer FCCI Insurance Group (FCCI) is expanding its geographic reach, announcing it will begin writing commercial insurance in the state of Pennsylvania as of September 1,...
Study: Sick Workers Are a Top Workplace Safety Concern in Wisconsin
Jun 15 2020 // Employees who come to work even though they are sick are a top concern for workers in Wisconsin, according to a new study released by Wisconsin Safety Council (WSC) and Rural Mutual Insurance Co. WSC and Rural Mutual...
Absenteeism at Meatpacking Plants Tied to Workplace Safety Concerns
Jun 15 2020 // Smithfield Foods Inc. is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers’...
Mississippi Establishes Small Business Website for Virus Relief Grants
Jun 15 2020 // Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal coronavirus pandemic relief package, Gov. Tate Reeves said. The site –...
Senate Weighs Broad Coronavirus Liability Shield for Employers
Jun 11 2020 // Senate Republicans are drafting legislation that would let employers choose which government coronavirus safety guidelines to follow in order to be shielded from lawsuits if their customers or workers contract the virus,...
Neptune Flood Expands With Product for Small, Mid-Sized Commercial Lines
Jun 10 2020 // Neptune Flood, a digital flood insurance company. has launched a commercial flood insurance product for small and mid-sized businesses in 48 states. Phase 1 of the rollout makes Neptune Flood available for non-residential...
Commercial Lines Prices Rose 6% in Q1- Except Workers’ Compensation
Jun 9 2020 // U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson’s pricing survey for the sector. Price increases surpassed 6 percent...
Washington State Issues Workplace Mask Guidance
Jun 5 2020 // Most workers in Washington will be required to wear a mask or face covering at work under new coronavirus workplace safety and health requirements that take effect June 8. With few exceptions, workers must wear some type...
Mississippi Establishes Small Business Website for Virus Relief Grants
Jun 2 2020 // Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal coronavirus pandemic relief package, Gov. Tate Reeves said Friday. The site –...
South Carolina Reopening Committee Leader Wants Business Liability Protection
Jun 2 2020 // The leader of governor’s committee studying how to best reopen South Carolina after the coronavirus said one of the most critical pieces of unfinished business is protecting businesses from lawsuits if they follow...
Georgia Man Accused of Defrauding Employer Over COVID-19
May 27 2020 // A Georgia man faces charges after authorities say he lied to his employer that he had tested positive for COVID-19. Santwon Antonio Davis, 34, is charged with defrauding his employer, the U.S. attorney’s office in...
Massachusetts Begins Phased Reopening, Implements Safety Standards for Workplaces
May 27 2020 // Massachusetts Governor Charlie Baker has implemented mandatory safety standards for workplaces to reduce the risk of COVID-19 transmissions as the state begins its phased reopening of businesses. All businesses in...
