Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Online Shopping Site EverQuote Adds Commercial Insurance Markets
Nov 1 2019 // Massachusetts-based online personal insurance marketplace EverQuote has launched a commercial lines marketplace in a new partnership with the technology platform provider Bold Penguin. EverQuote said it will use Bold...
Bishop Joins Houston’s Insgroup as Sr. VP, Commercial Lines
Oct 29 2019 // Deborah Bishop joined Houston-based independent insurance agency, Insgroup, as senior vice president of Commercial Lines. In this role, Bishop leads the teams that service the firm’s commercial clients. She is...
Chubb Taps Poole from Tokio Marine as Head of Middle Market, UK & Ireland
Oct 29 2019 // Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland. In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which...
Cox Appointed VP, Business Development at Midwest Employers Casualty
Oct 28 2019 // Midwest Employers Casualty (MEC), a Berkley Company, has named Nathan Cox as vice president of sales. He succeeds Steven Link, who is retiring. The appointment is effective immediately. Cox will be responsible for revenue,...
Poll Shows #MeToo Movement Is Changing Workplace Conversations, Behavior
Oct 28 2019 // Barbara Myers started work as an apprentice electrician in 1995, and over the years she learned to shoot back sexual banter on the job site as much as she had to take it from some of her coworkers. Those days, she says,...
Connecticut Woman Pleads Guilty to Stealing $370K from Former Employer
Oct 28 2019 // A Connecticut woman has pleaded guilty to embezzling about $370,000 from her former employer. Federal prosecutors say 36-year-old Lydia Cabrera, of Southington, pleaded guilty to bank fraud. Authorities say Cabrera was a...
EverQuote Hires Shankaran as Executive Vice President of Commercial Insurance
Oct 25 2019 // EverQuote Inc., a Cambridge, Mass.-based, online insurance marketplace in the U.S., has hired Shivi Shankaran as executive vice president of Commercial Insurance and Special Projects. Shankaran previously spent nearly 15...
Profit Lessons in Commercial Auto, Workers Comp and Other Business
Oct 25 2019 // Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new report from Guy...
Employers Taking Proactive Health Steps to Prevent Costly Employee Injuries
Oct 24 2019 // A job does not have to be physically demanding to literally be a pain in the neck, or knee, or lower back. Musculoskeletal conditions are among the top expenses for employee healthcare benefits, accounting for about a...
Ohio Roofing Contractor Faces $247.5K in Fines for Workplace Fall Hazards
Oct 23 2019 // A roofing contractor in Martin, Ohio, has been cited for willful, repeated and serious violations of federal workplace safety standards and faces penalties of totaling $247,544. The U.S. Department of Labor’s...
Travelers Q3 Profit Falls on Asbestos, Commercial Liability and Auto Claims
Oct 22 2019 // The Travelers Companies reported net income of $396 million for the third quarter compared to $709 million in the prior year quarter. Core income in the current quarter was $378 million compared to $687 million in the...
Philadelphia Bookkeeper Sentenced for Embezzling Nearly $1.6M from Employer
Oct 21 2019 // A Philadelphia bookkeeper who embezzled nearly $1.6 million from his New Jersey employer over a 10-year period has been sentenced to more than eight years in federal prison. Peter Goodchild must also pay restitution under...
Group Warns Congress Legalized Cannabis Is Workplace Risk
Oct 21 2019 // A group of occupational medicine doctors is warning that legalization of marijuana has “huge” public and workplace health and safety implications that Congress should consider when dealing with the issue. The...
How Risk Management is Transforming Risk in Commercial Property
Oct 21 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
Venture Insurance Programs Creates Small Business Online Platform
Oct 18 2019 // Venture Insurance Programs, a national insurance program administrator, has unveiled Venture Small Business – a new business unit designed to simplify how agents and brokers quote and bind business for more than 150...
Occupational Medical Group Warns Congress Legalized Cannabis Is Workplace Risk
Oct 15 2019 // A group of occupational medicine doctors is warning that legalization of marijuana has “huge” public and workplace health and safety implications that Congress should consider when dealing with the issue. The...
Ohio Foundry Facing $270K in Penalties for Serious Workplace Health Violations
Oct 10 2019 // Federal officials have cited an Ohio foundry with three repeated and 18 serious health violations for exposing employees to crystalline silica above the permissible exposure levels. As a result, Liberty Casting Company in...
Restoration Firm Cited for Workplace Safety Violations at Missouri Capitol
Oct 8 2019 // The contractor overseeing stone restoration on the Missouri state Capitol plans to appeal federal fines for workplace safety violations. The Occupational Safety and Health Administration recommended a total of $19,890 in...
Munich Re Backs Small Business Insurtech Next Insurance with $250 Million
Oct 7 2019 // Insurtech Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re. Palo Alto-based Next said it plans to use the Series C cash infusion to scale up its small business insurance...
A Growing Agency With a Small Business Feel
Oct 7 2019 // Florida-based Acentria Insurance has been busy since its founding by industry veteran Kendall McEachern in 2010. The personal and commercial lines agency has acquired several agencies and now has 50 locations and more than...
