Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Viewpoint: Employers Rejecting Marijuana Users Will Pay a Price
Jul 28 2017 // In Youngstown, Ohio, the employment problem is not a shortage of jobs. Nor is it a shortage of workers. The problem is not stingy employers who don’t want to pay enough to attract good workers. Nor is the problem...
Woman Who Stole $3M from Employer’s New Jersey Facility Sentenced
Jul 26 2017 // A Tennessee woman accused of stealing $3 million from a trucking company’s New Jersey facility has been sentenced. Fifty-five-year-old Tracey Perrigan, of Sparta, was sentenced to 33 months in prison Monday. Perrigan...
Chicago’s Chubb Workplace Benefits Promotes Wayland to Sr. VP
Jul 24 2017 // Chubb Workplace Benefits in Chicago has promoted Jon Wayland to senior vice president of sales. Wayland has 30 years of insurance industry experience and previously served as vice president of brokerage channel sales. In...
Privacy Is New Hot Workplace Issue for EPLI Claims
Jul 24 2017 // About 40 percent of employment practices liability policies (EPLI) that I review fail to cover allegations of employment-related breach of privacy. These range from complaints that the employer failed to protect sensitive...
Orchid Underwriters Expands Commercial Lines into Alabama, Mississippi
Jul 24 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states: Alabama and Mississippi. The two new states join New...
Starr Buys Stake in Small Business Insurtech CoverWallet
Jul 19 2017 // Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were...
Farmers Names Fernandez to Head Business Insurance; Kappler to Lead Bristol West
Jul 19 2017 // Farmers Insurance has named new presidents for two of its key business units. Sharon Fernandez, most recently president of Bristol West Insurance, has been appointed president of Business Insurance at Farmers. In addition,...
Novarica: Commercial Insurers Prioritizing Tech Advancements
Jul 18 2017 // A new report by the research and advisory firm, Novarica, shows that commercial insurance carriers are modernizing policy administration systems and agent portals to support complexities of business. Novarica also says use...
Connecticut Woman Gets Prison Time for Stealing $250K from Employer
Jul 14 2017 // A Connecticut woman who stole more than $250,000 from her Massachusetts employer even as he struggled with dementia and cancer has been sentenced to nearly two years in prison. Angela Craig was sentenced Tuesday in U.S....
Agents Seek Better Grasp of Carriers’ Commercial Lines Underwriting Likes
Jul 12 2017 // Independent agents want to talk about underwriting, and they’re urging their carriers to listen. Preliminary results from the 2017 Channel Harvest Research survey indicate agents want to see companies put greater...
Munich Re US Launches Commercial Drone Operator Liability Endorsement
Jul 7 2017 // Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under...
The Villages Insurance in Florida Adds Sardisco to Commercial Division
Jul 5 2017 // The Villages Insurance Partners (TVIP) has added Lisa Sardisco to their Commercial Risk Management Division in The Villages, Fla. The Villages Insurance Commercial Risk Management Team specializes in protecting business...
Skuld Names Kohmann as Head of Oslo Business Unit as Urdal Retires
Jun 30 2017 // Marine insurance provider Skuld announced that Kristoffer Kohmann is the new head of Skuld Oslo 2, one of its Oslo business units. Kohmann will succeed Ketil Urdal who, after 16 years with Skuld and a career spanning 20...
Chubb Names Sherman to Lead North America Management Liability Business Unit
Jun 27 2017 // Chubb has appointed Leigh Anne Sherman to lead its Private/Not-For-Profit Management Liability business within the North America Financial Lines division. Sherman will have overall responsibility for leading the...
XL Catlin, McGowan Companies to Offer Coverage for Workplace Violence
Jun 27 2017 // XL Catlin has entered into an exclusive underwriting agreement with The McGowan Companies to provide workplace violence insurance to U.S. businesses. Nearly two million American workers are victims of workplace violence...
Investigation Solutions Assists in $32 Million Employer Fraud Case
Jun 21 2017 // San Diego, CA, June 21, 2017- Investigation Solutions, Inc. (ISI) worked alongside the California Department of Insurance in a $32 million workers’ compensation fraud case that resulted in an arrest earlier this...
Trump Reverses Obama Stand, Supports Employers Requiring Class Action Waivers
Jun 19 2017 // The Trump administration on Friday sided with employers in a Supreme Court case over the rights of workers to bring class action lawsuits against companies, court documents showed. Reversing a position staked out earlier...
Orchid Underwriters Expands Commercial Lines into Alabama, Mississippi
Jun 19 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states, Alabama and Mississippi. The two new states join New...
Survey of Agents Reveals Underwriting Disconnect in Commercial Lines
Jun 19 2017 // Independent agents want to talk about underwriting, and they’re urging their carriers to listen. Preliminary results from the 2017 Channel Harvest Research survey indicate agents want to see companies put greater...
New Aon Professional Liability Coverage Available for 300-Plus Small Business Classes
Jun 16 2017 // Aon Affinity, the affinity business of Aon plc, has launched Aon Professional Liability Plus, a nationwide program that provides malpractice insurance to more than 300 classes of traditionally hard-to-place small...
