Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Small Businesses Under Scrutiny Over Classifying Independent Contractors
Jan 28 2019 // Small business owners who want to use independent contractors need to be sure these workers really aren’t employees. Federal and state government agencies are on the lookout for businesses that use independent...
Wilkinson Insurance Services Acquires Commercial Insurance Services of Virginia
Jan 25 2019 // Wilkinson Insurance Services Inc., an insurance premium audit services company based in Huntsville, Ala., is expanding to Virginia with its acquisition of Commercial Insurance Services of Virginia. The acquisition is...
BLS Survey Shows Louisiana Workplaces Among the Safest in 2017
Jan 22 2019 // According to a recent Bureau of Labor Statistics (BLS) survey, Louisiana remained one of the safest states in which to work, the Louisiana Workforce Commission reported. The state’s rate of non-fatal accidents and...
How to Prevent Small Business Clients from Hitting Cyber Blind Spots
Jan 21 2019 // Ask 5 Key Questions to Help Identify Cyber Risk In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes...
How Commercial Insurance Rates Changed in Q4 and 2018: IVANS
Jan 21 2019 // Renewal premium rates for nearly all major commercial insurance lines increased in the fourth quarter of last year with the exception of workers’ compensation where the average rate dropped and remained negative. The...
South Dakota Survey Shows Snapshot of Benefits Offered by Employers
Jan 21 2019 // A recent survey released by the South Dakota Department of Labor and Regulation provides a glimpse at the employee benefits being offered to workers by the state’s employers. The Labor Market Information Center on...
Employers Reminded that Feb. 1 Is Injury Report Posting Deadline
Jan 18 2019 // The Occupational Safety and Health Administration is reminding employers they face a Feb. 1 deadline. That is the deadline for employers to post a copy of OSHA’s form 300A, which summarizes job-related injuries and...
Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked
Jan 18 2019 // Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber attack would look like for small businesses. The insurer collaborated with UK bike...
Bhatia Joins California’s Preferred Employers Insurance as Sr. Underwriter
Jan 16 2019 // San Diego, California-based Preferred Employers Insurance, a Berkley Company, has added workers’ compensation underwriting expert, Minoo Bhatia, as a senior business development underwriter. Bhatia comes to Preferred...
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
Different Rates of Opioid Prescriptions Linked to Worker, Employer, Injury Traits
Jan 11 2019 // Injured workers in mining and construction, those in rural counties or those who suffer fractures, carpal tunnel and neurologic spine pain are among those more likely to receive prescriptions for opioids than workers in...
How Commercial Insurance Rates Changed in Q4 and 2018: IVANS
Jan 11 2019 // Renewal premium rates for nearly all major commercial insurance lines increased in the fourth quarter of last year with the exception of workers’ compensation where the average rate dropped and remained negative. The...
Warren G. Bender in California Names Amano Commercial Lines Account Executive
Jan 7 2019 // Sacramento, Calif.-based Warren G. Bender Co. has named Kaz Amano an account executive in its commercial lines department. He has more than 12 years of prior experience in commercial insurance. He was previously an account...
Most UK Small Businesses Remain in the Dark About Cyber Risks
Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...
Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business
Jan 3 2019 // Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquired business, which generated more than £150...
Commercial Auto: An Old Dog Up to New Tricks
Dec 28 2018 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
Wyoming Workplace Deaths Fall to Lowest Level Since 2009
Dec 20 2018 // The number of workplace deaths in Wyoming last year fell to the state’s lowest level since 2009. The Casper Star-Tribune reported the state Research and Planning Department released a report Tuesday showing that 20...
Civil Rights Commission: Iowa Employer Used Slurs to Disparage Black Workers
Dec 19 2018 // The Iowa Civil Rights Commission is taking legal action to enforce a $14,700 judgment against a business owner accused of using racial slurs to belittle black employees, court records show. Bruce Smith, of West Des Moines,...
Zurich to Shift $2B of UK Legacy Employers’ Liability Policies to Catalina
Dec 17 2018 // Zurich Insurance plc has entered into an agreement with Catalina, a specialist acquirer of legacy insurance portfolios, to transfer its pre-2007 UK legacy employers’ liability policies to Catalina. As of December 31,...
Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017
Dec 17 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices...
