Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Rates for Commercial Lines Up Slightly in Q4: IVANS
Jan 22 2018 // The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change across commercial auto, business owners, general liability, and commercial property compared to Q3, but a drop...
For First Time in 7 Years, Outlook Improves for Commercial Lines: A.M. Best
Jan 22 2018 // Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. property/casualty industry...
New York State Employers Must Comply With New Paid Family Leave Law
Jan 22 2018 // By Bennett Pine New York Governor Andrew Cuomo has signed into law a phased-in system of paid family leave that became effective on Jan. 1, 2018, for New York employers. On the state level, New York becomes the fifth state...
Commercial Automobile Remains Sore Spot in P/C: A.M. Best
Jan 19 2018 // The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several...
How the U.S. Can Improve Workplace Injury and Illness Data
Jan 18 2018 // Federal agency officials involved in reducing work-related injuries and illnesses believe there is still a lot to learn about the relationship between work and injuries. According to the experts, the government needs...
Commercial lines deregulation is having a moment
Jan 16 2018 // Insurance long has had a reputation as one of the most conservative industries and that reputation is, in many ways, an earned one. Certainly in comparison to their financial services cousins in banking and securities,...
Most Commercial Insurance Rates Were Up Slightly in Q4: IVANS Index
Jan 11 2018 // The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change across commercial auto, business owners, general liability, and commercial property compared to Q3, but a drop...
New Hampshire’s SIAA Hires Carey to Business Insurance Advantage Program
Jan 10 2018 // Strategic Insurance Agency Alliance (SIAA), a Hampton, N.H.-based alliance of independent insurance agencies in the U.S., has hired Lizah Carey as a business insurance development specialist for its Business Insurance...
Wintaai Holdings Acquires Louisiana’s Stonetrust Commercial Insurance
Jan 8 2018 // Wintaai Holdings Ltd., a wholly-owned subsidiary of Chou Associates Management Inc., has completed its acquisition of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. Wintaai...
Commercial Lines Insurance Outlook Improves for 2018, Says A.M. Best
Jan 8 2018 // Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. property/casualty industry...
Workplace Fatalities Increase Again with Transportation as Top Fatality
Jan 8 2018 // There were 5,190 workplace fatalities reported in the U.S. in 2016, a 7 percent increase over the previous year. According to the Bureau of Labor Statistics’ Census of 2016 Fatal Occupational Injuries, the fatal...
Swan Joins ONI Risk Partners as Commercial Risk Adviser in Indiana
Jan 5 2018 // ONI Risk Partners in Evansville, Indiana, has added Dave Swan as a commercial risk adviser. Swan focuses on the identification, assessment, and management of the overall impact and cost of risk to his mid-to-large...
Trump Rule Permits Health Plans by Self-Employed, Small Businesses That Skirt Obamacare
Jan 5 2018 // The Trump administration on Thursday proposed a rule to allow Americans who are self-employed or work for small businesses to buy health insurance that does not comply with all Obamacare requirements in an effort to unwind...
Kentucky Sees Decline in Workplace Accidents, Fatalities
Jan 3 2018 // The Kentucky Labor Cabinet says workplaces in Kentucky have recorded the lowest rate of nonfatal incidents in state history. The most recent data from the U.S. Bureau of Labor Statistics is for 2016. It says...
Maryland’s Chesapeake Employers’ Insurance Company Hires Quinn
Dec 28 2017 // Chesapeake Employers’ Insurance Company, a Towson, Md.-based workers’ compensation specialist, has hired Danielle Quinn as a pharmacist case manager. In this role, Quinn is responsible for managing the Pharmacy...
New York State Employers Must Comply With New Paid Family Leave Law
Dec 27 2017 // New York Governor Andrew Cuomo has signed into law a phased-in system of paid family leave that will become effective on January 1, 2018, for New York employers. On the state level, New York becomes the fifth state...
Workplace Fatalities Continue to Increase, with Transportation Incidents #1 Cause
Dec 27 2017 // There were 5,190 workplace fatalities reported in the U.S. in 2016, a seven percent increase over the previous year. According to the Bureau of Labor Statistics’ Census of 2016 Fatal Occupational Injuries, the fatal...
Employers, Workers’ Compensation Carriers Eye Trend in Telehealth: Telerehab
Dec 21 2017 // Though employers and workers’ compensation insurers have been utilizing telemedicine for quite some time, there’s been a recent uptick in interest surrounding virtual physical therapy, also known as...
Alera Group Acquires Illinois’ Hallberg Commercial Insurers
Dec 19 2017 // Deerfield, Illinois-based employee benefits, property/casualty, risk management and wealth management firm, Alera Group, has acquired Hallberg Commercial Insurers Inc. in Oakbrook, Illinois. Hallberg Commercial provides...
UK Employers Plan Hiring Despite Brexit Worries
Dec 19 2017 // British employers plan to hire more workers and raise pay more quickly in 2018, but they also fear that Brexit will make the country a less attractive place to do business, a survey showed on Tuesday. Fifty-one percent of...
