Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Hong Kong Could Hold Employers Liable for Harassment by Passengers
Jun 25 2014 // A Hong Kong legislator backing a bill to help protect flight attendants from sexual harassment by passengers will seek to add language making employers liable for enforcing it. “Without that liability, the law will...
Business Risk Partners Hires Professional Liability Underwriter in Connecticut
Jun 23 2014 // Business Risk Partners, a Windsor, Conn.-based managing general underwriter, has appointed Erinn Coletti as professional liability underwriter. Previously, Coletti served as a specialty underwriter at The Hanover Insurance...
AssureStart Expands Online Small Business Insurance Sales to Three More States
Jun 20 2014 // AssureStart, the technology startup that sells small business insurance coverage on the internet, has opened for business in Colorado, Missouri and Oregon with plans to expand into additional states this year. AssureStart...
ANV Opens Cyber/Media MGU for U.S. Small Business with James River
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses. Leib Dodell, a veteran...
AIG Launches Global Commercial Property Coverage for Mid-Market
Jun 18 2014 // The American International Group, Inc. (AIG) insurers have launched a new line of multinational commercial property products and services, including expanded coverage, loss prevention engineering, and risk management...
Top Loss Leaders in the Oil Patch? Commercial Auto, Workers’ Comp
Jun 18 2014 // There’s no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and gas reservoirs...
Ironshore Canada Enters Commercial Property Market for Sector Specific Risks
Jun 17 2014 // Bermuda-based Ironshore Canada has announced its entry into the Commercial Property Market with capacity that enhances its existing suite of specialty products available in the Canadian region. “Ironshore Canada has...
Amazon Workplace Faces Safety Scrutiny After 2 Deaths
Jun 16 2014 // Amazon.com Inc.’s labor issues are growing at its sprawling network of fulfillment centers, where it ships everything from books to big-screen televisions. The U.S. Department of Labor said last week that it’s...
Argo Surety, SureTec Launch Mid-Market Surety Program
Jun 11 2014 // Argo Surety, together with SureTec Financial Corp., is now providing expanded combined capacity for the middle market contract surety segment. Through the new program, Argo Surety and SureTec can extend up to $50 million...
Commercial Lines Prices Up Only 4% in Q1: Towers Watson
Jun 10 2014 // Commercial insurance prices increased by 4 percent in aggregate during the first quarter of 2014, marking the lowest level of growth since fourth-quarter 2011, according to a new survey by Towers Watson. The increase is a...
Willis Launches UK’s 1st Shariah Compliant Commercial Property Insurance
Jun 10 2014 // Willis Group Holdings announced that in “response to growing demand from property investors for insurance cover that is compliant with Islamic law it has launched the UK’s first Shariah compliant commercial...
The Hartford Names Carano Commercial Markets Loss Control VP
Jun 5 2014 // The Hartford has appointed Carl J. Carano vice president of loss control for the company’s Commercial Markets division. Carano will lead development of a risk management services for commercial insurance customers....
CNA Appoints Middle Market Underwriting Director for Philadelphia Branch
Jun 4 2014 // Lori FellerCNA Financial Corporation has appointed Lori Feller as middle market underwriting director for the company’s Philadelphia branch. Feller joined CNA in 2006. Most recently she served as middle market...
Virginia Raises Fines for Employers Without Workers’ Comp
Jun 2 2014 // Employers in Virginia who fail to provide workers’ compensation insurance for their employees will be assessed, beginning July, a civil penalty of up to $250 per day for each day of noncompliance, subject to a...
Union Mutual of Vermont Cos. Names Director of Commercial Lines Underwriting
May 30 2014 // Geoffrey J. SmithUnion Mutual of Vermont Companies has hired Geoffrey J. Smith as the director of commercial lines underwriting. He is based in Montpelier, Vermont. Smith has over 27 years of experience underwriting and...
FirstComp Launches Small Business BOP Product in Hawaii
May 28 2014 // FirstComp, a division of Markel Service, Inc., has launched a new small business owner policy, FirstComp EssentialBOP, for FirstComp-appointed independent agents writing business in Hawaii. The BOP product is also...
Private Employer Workers’ Comp Rates to Fall Again in Ohio
May 22 2014 // Ohio private employers will again benefit from lower overall workers’ compensation base-rates with a 6.3 percent reduction that will take effect July 1, the Ohio Bureau of Workers’ Compensation (BWC)...
Employers Names Mikulsky Senior Vice President in Nevada
May 19 2014 // Employers named Aaron Mikulsky as senior vice president of business process and policyholder services. He will be based out of Employers’ headquarters in Reno, Nevada. Mikulsky has more than 19 years of experience in...
Liberty Mutual Adds Cyber Coverages to Small Business BOP Policies
May 19 2014 // Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise...
Court: Ohio Overcharged Employers Workers’ Comp For Years
May 19 2014 // The director of the state insurance fund for injured workers said Friday that he’s disappointed with an unusually pointed appeals court decision that says the fund overcharged employers by hundreds of millions of...
