Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...
The Future of Commercial Drone Use
Mar 29 2016 // There could be 7 million small drones in the sky by 2020, according to U.S. aviation officials, who believe that as many as 2.7 million of them will be used for commercial purposes. These same officials predict that small...
Chubb Names Leaders for Expanded Small Commercial Division for North America
Mar 23 2016 // Chubb has launched its Small Commercial Insurance division for North America, which will offer management and professional liability and standard insurance coverages for small businesses with annual revenues up to $10...
Brit Leads New Commercial General Aviation Consortium at Lloyd’s
Mar 23 2016 // Brit Ltd., the global specialty insurer, has launched a Lloyd’s consortium for commercial general aviation. Now quoting business, the consortium is being led by Brit with capacity also being provided by Kiln, Hiscox,...
7 Reasons to NEVER Extend Business Auto Coverage to an Employee-Owned Auto
Mar 22 2016 // Section II (Liability Coverage) of the Business Auto Coverage (BAC) form describes who qualifies as an insured (II.A.1.). Employees using their personally-owned vehicle to conduct business on behalf of the named...
Alabama Supreme Court Overturns $12.6M Verdict in Workplace Accident Case
Mar 22 2016 // The Alabama Supreme Court has overturned a $12.6 million judgment in a lawsuit resulting from a workplace accident. The justices sided with Dothan-based South Alabama Brick Co. in a decision released Friday. A Mobile...
Texas Seeking Employer Representative for Workers’ Comp Appeals Panel
Mar 21 2016 // The Texas Department of Insurance is seeking an employer representative to serve on the Texas Workers’ Compensation Appeals Panel. The panel resolves policyholder disputes with insurance carriers that are referred by...
Wyoming Workplace Safety Meetings Planned Around State
Mar 21 2016 // Responding to the trend of workplace shootings that have happened around the country, the state of Wyoming is offering free workplace training in April and May to inform workers and supervisors how to respond to active...
How Technology May Alter Small Commercial Lines Advantage
Mar 21 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
The Crichton Group Hires Hite as Commercial Insurance Advisor
Mar 17 2016 // The Crichton Group, an independent insurance agency located in Nashville, has hired industry veteran Dan Hite as commercial insurance advisor. Hite will focus on commercial insurance and risk management. He is a former...
2 Instech Startups Target Small Business Insurance Market
Mar 15 2016 // Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, today announced a $13 million seed investment led by investors Zeev...
Alper Services Adds Gausden in Commercial Lines Divsion
Mar 10 2016 // Matt Gausden has joined Chicago-based Alper Services as client executive in its Property & Casualty Commercial Lines Division. Gausden will develop and maintain high-quality risk management programs for large, complex...
Chesapeake Employers Announces 4 Promotions in Maryland
Mar 7 2016 // Joan Adelman Chesapeake Employers’ Insurance Company, Maryland’s largest writer of workers’ compensation insurance, announced the following four promotions. Joan Adelman was recently promoted to assistant...
Valen Analytics Releases Risk Scoring Model for Commercial Auto Insurers
Mar 4 2016 // Valen Analytics, a provider of proprietary data, analytics and predictive modeling for property and casualty insurers, has launched Risk Score for commercial auto insurance within its InsureRight Platform. The predictive...
200 Small Business Leaders Sign Open Letter Supporting ‘Brexit’
Mar 4 2016 // More than 200 small-business leaders signed an open letter calling for British withdrawal from the European Union, highlighting a division with large companies over membership of the bloc. The letter, published in the...
Why Small Commercial Lines May Not Be So Bright for Agency Carriers
Mar 3 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
Timeline: Workplace Shootings in U.S. Over Past 5 Years
Mar 3 2016 // On Feb. 25, 15 people at a Kansas factory were shot, three of them killed, by a co-worker whom police say had also shot two other people as he drove toward the facility. The shooting at Excel Industries in Hesston, Kansas,...
MetLife Auto & Home Launches Commercial Auto Insurance in Select States
Mar 3 2016 // MetLife Auto & Home has introduced its first commercial automobile policy. The product is now available in Illinois, Indiana and Ohio, with more states planned in the near future. The commercial auto coverage is an...
Florida State Appoints MarketScout’s Kerr to College of Business Insurance Council
Mar 1 2016 // Richard Kerr, founder and chief executive officer of MarketScout, the national electronic insurance exchange and specialty MGA, has been elected to the Risk Management and Insurance Executive Council of the Florida State...
Ramsey Named Commercial Lines Director for State Auto’s Western Region
Feb 24 2016 // State Auto Insurance Co. has selected Gayle Ramsey to lead the company’s Western Region as commercial lines regional director. She is based in Austin, Texas. Ramsey joined State Auto in 2013 as an underwriter in...
