Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Small Business Owners Don’t Trust Commercial Insurance Buying Process: Accenture
Mar 4 2019 // Small commercial insurers aren’t giving their client base what they want — a simple and easy purchase experience. Whether online or through an agent, business owners are left confused, frustrated and having to...
Berkshire Hathaway GUARD Adds Commercial Package Product
Mar 1 2019 // Berkshire Hathaway GUARD Insurance Companies is adding a commercial package product that will include coverages for property, general liability, umbrella, and employment-related practices liability insurance (EPLI). The...
PIA Makes Cyber Product Available for Agents to Sell to Small Business Clients
Feb 28 2019 // The National Association of Professional Insurance Agents (PIA National) has given its members a cyber insurance product to sell to their small and mid-sized businesses clients. PIA and ABA Insurance Services (ABAIS) have...
India’s New Web Rules Address Data Privacy, Commercial Liability
Feb 26 2019 // India outlined a new draft policy for its burgeoning e-commerce sector on Saturday, focusing on data localisation, improved privacy safeguards and measures to combat the sale of counterfeit products. The proposed overhaul,...
Commercial Insurance Prices Rose 2% in Q4: Marsh Global Index
Feb 26 2019 // Average commercial insurance prices increased by two percent in the fourth quarter of 2018, the fifth consecutive quarter of average increases. Also, according to broker Marsh’s Global Insurance Market Index,...
New Jersey Woman Sentenced to Prison for Stealing $190K from Former Employer
Feb 22 2019 // A former site manager for a temporary staffing agency in New Jersey has been sentenced to prison for stealing $190,000 from the agency. Xiomara Jovel, 47, of Roselle, N.J., was sentenced to three years in state prison by...
‘Sharing’ in Workplace Can Undermine Authority
Feb 18 2019 // Sharing personal information with friends and family has long been held by researchers as a way to build rapport and healthy relationships. But between coworkers, that’s not always true. Researchers at the Georgia...
Expect Direct Online to Gain in Small Commercial Insurance Market Share: Novarica
Feb 14 2019 // Changes in small business owners’ online habits and new market entrants are driving market demand for online purchasing of insurance, according to a report from advisory firm Novarica, which sees direct online sales...
Aon Appoints Lambrou as Global CEO of Commercial Risk Solutions
Feb 12 2019 // Aon plc has appointed veteran Aon leader, Lambros Lambrou, as global CEO of Commercial Risk Solutions. Lambrou has worked within the risk management industry for more than three decades, holding leadership roles that span...
Berkshire Hathaway’s New ‘THREE’ Policy Seeks to Simplify Small Business Insurance
Feb 12 2019 // Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it. The product,...
Fournier Group in Oregon Names Larson Commercial Insurance Manager
Feb 11 2019 // Portland, Ore.-based Fournier Group has named Melissa Larson its commercial insurance manager. Larson is responsible for boosting departmental efficiencies, refining procedures, and recruiting, training and managing...
QBE North America Launches Business Unit for Financial Institutions
Feb 8 2019 // QBE North America has launched QBE Integrated Advantage for Financial Institutions—a new dedicated business unit specializing in the segment The new unit offers customers access to a single team organized under a one...
How a ‘Sharing’ Workplace Can Undermine Leadership
Feb 8 2019 // Sharing personal information with friends and family has long been held by researchers as a way to build rapport and healthy relationships. But between coworkers, that’s not always true. That is at the center of new...
Champion in California Names Myers Commercial Insurance Broker
Feb 7 2019 // San Diego, Calif.-based Champion Risk & Insurance Services has named Casey Myers a commercial insurance broker. Myers was previously a vice president with Paul Hanson Partners Transportation Insurance. Casey...
Man Killed in Workplace Accident at Kentucky Toyota Manufacturing Plant
Feb 7 2019 // Kentucky authorities say a man has been killed in a workplace accident at the Toyota manufacturing plant in Georgetown. Scott County Coroner John Goble told news outlets that the man worked for Ryder and was trying to...
Lee Appointed VP, Commercial Lines at Island Insurance in Hawaii
Feb 6 2019 // Island Insurance, a Honolulu, Hawaii-based property and casualty (P/C) insurance carrier, appointed Daniel Lee as vice president, Commercial Lines. Lee will oversee Island’s commercial insurance division, which...
Cigna CEO Says Ending Benefits Manager Rebates Won’t Harm Commercial Market
Feb 4 2019 // The U.S. government’s proposal to eliminate rebates that pharmacy benefit managers receive from drugmakers will not have a meaningful impact on growth, and does not affect the commercial market, Cigna Corp. Chief...
Hartford Revamps Specialty Commercial, Middle Market Before Navigators Closing
Feb 4 2019 // The Hartford announced the new operating model and organizational structure that will be effective upon the closing of its pending acquisition of specialty insurer The Navigators Group, which it expects to finalize in late...
New Hampshire’s Optisure Risk Partners Hires Roy to Business Insurance Division
Jan 31 2019 // Optisure Risk Partners, a national insurance and risk management firm headquartered in Manchester, N.H., has hired Jackie Roy as an account executive in the business insurance division, providing professional and...
Prime Property & Casualty Insurance Enters Kentucky Commercial Auto Market
Jan 29 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kentucky commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI offers the capacity...
