Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Atlas General Insurance Services, LLC Hires Lee Glaser as the Senior Vice President of the Commercial Division
Oct 15 2015 // San Diego, CA, October 15 2015 – Atlas General Insurance Services, LLC, a National multi-line program administrator, welcomes Lee Glaser as the new Senior Vice President of the Commercial Division. In his new role, Lee...
Correction: Ohio Second in Midwest for Workplace Fatalities
Oct 14 2015 // Data from the U.S. Occupational Safety and Health Administration show Ohio with the second-highest number of workers killed on the job in the agency’s Midwest region this past fiscal year, behind Illinois. A previous...
Take Command Health, Zane Benefits Partner to Serve Small Businesses in Texas
Oct 9 2015 // Take Command Health, a Texas-based startup dedicated to helping individuals choose and save on their health insurance, is partnering with Zane Benefits to provide Texas businesses with fewer than 50 employees with health...
Workplace Injuries Lead to $1.4M in Fines for Ohio Chicken Processor
Oct 7 2015 // A supplier of fast food and supermarket chicken is facing more than $1.4 million in fines this year for worker safety and health violations at Ohio facilities, including several that led a teenage worker to suffer the...
Texas Weapons Manufacturer Fined $197K for Workplace Hazards
Oct 7 2015 // Federal safety officials have fined a Texas-based weapons manufacturer $197,000 for putting workers at risk. Maverick Arms Inc. in Eagle Pass, Texas, was cited on Sept. 30, 2015, by the U.S. Department of Labor’s...
Report Shows 120 Louisiana Workplace Fatalities in 2014
Oct 6 2015 // A new federal report says 120 Louisiana workers died on the job last year — six more than in 2013. New Orleans City Business reports that the Bureau of Labor Statistics found the largest number of such deaths — 37 —...
QBE Names Allianz’s Grote SVP, P/C Commercial Lines
Oct 5 2015 // QBE North America has welcomed a veteran industry executive to its leadership team. Walter Grote has joined QBE North America as senior vice president, commercial property/casualty, and will be based in the Chicago...
ACE Takes 24% Stake in CoverHound’s Online Commercial Insurance Plans
Oct 5 2015 // CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy insurance offerings that could...
Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers
Oct 5 2015 // The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from compressing margins, according to Moody’s Investors Service. In a new report,...
Early Data on Workplace Fatalities in California Show Decline
Oct 5 2015 // The Department of Industrial Relations has posted preliminary workplace fatality statistics for California in 2014 that show a decline. The Census of Fatal Occupational Injuries data reflect a total of 334 fatal work...
Florida Establishes Citizens’ Commercial Lines Rates for 2016
Oct 5 2015 // The Florida Office of Insurance Regulation (FLOIR) issued an order on September 17 establishing the 2016 commercial lines rates for Citizens Property Insurance Corp. The overall estimated statewide average rate changes are...
Morgan Stanley Among Employers Shifting Job Bias Claims to Arbitration
Oct 2 2015 // Morgan Stanley is asking employees to give up their right to sue the firm in class actions for civil rights violations including discrimination based on race, gender or age, according to a former employee’s...
Court Now Likely for Joint Employer, Franchise Company Liability Case
Sep 28 2015 // A sanitation company at the center of a major U.S. labor board ruling that could force companies like McDonald’s Corp. to negotiate directly with franchise and contract workers has refused to bargain with workers...
ACE Takes 24% Stake in CoverHound’s Online Commercial Insurance Plans
Sep 22 2015 // CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy insurance offerings that could...
Aon Benfield Lists 7 Emerging Business Risk Opportunities for Re/Insurers
Sep 21 2015 // Aon Benfield has identified seven emerging risks that present re/insurers with business opportunities over the next five to 10 years, which the announcement listed as “US mortgage credit, the sharing economy,...
Commercial Insurance Prices Up But Barely: Survey
Sep 21 2015 // Commercial insurance prices increased in aggregate at a modest pace (one percent) during the second quarter of 2015, continuing a trend of ever smaller increases. That’s according to the latest Commercial Lines...
Florida Issues Citizens’ 2016 Commercial Lines Rate Order
Sep 18 2015 // The Florida Office of Insurance Regulation has issued an Order establishing the 2016 commercial lines rates for Citizens Property Insurance Corporation (Citizens). The overall estimated statewide average rate changes are...
Early Data on Workplace Fatalities in California Show Decline
Sep 18 2015 // The Department of Industrial Relations has posted preliminary workplace fatality statistics for California in 2014 that show a decline. The Census of Fatal Occupational Injuries data reflect a total of 334 fatal work...
AAIS Says Updated Small Businessowner Program Approved in 26 States
Sep 16 2015 // The American Association of Insurance Services (AAIS) recently filed updated eligibility criteria, endorsements, loss costs, and rating procedures for its Businessowners Program (BOP). To date, the filing has been...
Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers
Sep 15 2015 // The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from compressing margins, according to Moody’s Investors Service. In a new report,...
