Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
HSB Canada Introduces Cyber Coverage for Small Businesses
Sep 22 2021 // HSB Canada, part of Munich Re, has introduced HSB Cyber Suite, a comprehensive collection of cyber insurance and services designed to protect small and medium-size businesses from cyber-attacks, data breaches, identity...
Union Sues to Overturn Trump-Era Rule that Narrowed Definition of ‘Joint Employer’
Sep 21 2021 // The union behind the “Fight for $15” movement is suing to overturn a Trump-era rule that makes it harder to hold companies like McDonald’s Corp. and Amazon.com Inc. accountable for violations of...
Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada
Sep 20 2021 // Foxquilt, a Toronto-based insurtech, announced it has raised an $8 million financing round led by Luge Capital with participation from AmTrust Financial, Extreme Venture Partners and Side Door Ventures. The new capital...
Commercial Auto Insurance Profitability Still Way Down the Road: S&P
Sep 20 2021 // U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery. According to a Standard & Poor’s Global Ratings...
Alera Acquires The Brokerage Commercial Insurance Services in California
Sep 17 2021 // Alera Group acquired The Brokerage Commercial Insurance Services Inc. in in Newport Beach, Calif. The Brokerage Commercial Insurance Services employees will continue serving clients in their existing roles. Terms of the...
Great American Introduces Home-Based Business Coverage
Sep 17 2021 // Great American Insurance Group has introduced a new product offering through PolicySweet, its online offering for small business customers. PolicySweet, which allows small business owners to research, shop, quote and...
UK COVID-19 Business Insurance Payouts Top One Billion Pounds
Sep 16 2021 // Small companies in Britain, which demanded that their insurers cover claims for losses accrued during the COVID-19 pandemic, have received more than one billion pounds ($1.4 billion) in full and interim business...
Rarely-Used Emergency Workplace Rule Is Key to Biden Vaccine Plan
Sep 15 2021 // U.S. President Joe Biden’s plan requiring more than 100 million Americans to get vaccinated against COVID-19 relies on a rarely used workplace rule with a history of being blocked in court, making it an inviting...
Most Commercial Lines Continuing to Win Healthy Price Increases
Sep 14 2021 // While aggregate U.S. commercial insurance price hikes continue to moderate, most lines are still producing robust price increases, according to Willis Towers Watson. Excess/umbrella produces significant price increases...
Beyond the Headlines: Workplace Violence and Workers Compensation Claims
Sep 9 2021 // Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific cause of loss constitutes a covered event under the terms of that policy. When workers...
Employers Watching Cases of Colleges, Teachers with Disabilities Over Remote Work
Sep 8 2021 // A legal battle is brewing over remote work between administrators at U.S. colleges committed to in-person classes and some faculty with disabilities. Experts warn it is a precursor of what awaits employers that order staff...
Commercial Auto Insurance Profitability Still Way Down the Road: S&P
Sep 8 2021 // U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery. According to a Standard & Poor’s Global Ratings...
Riding the Commercial Lines Price Wave
Sep 6 2021 // There’s no question that commercial lines premiums have accelerated growth in independent agencies during the past two years. Insurance Journal’s Top 100 agencies in total reported generating nearly $8 billion...
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
Sep 6 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According...
Insuring Commercial Drones: Liability or Opportunity?
Sep 6 2021 // Developments in drone technology are often heralded as having the potential to change the landscape of business operations, most prominently in the consumer goods shipping sector. Yet, the development of federal regulation...
What’s an Employer to Do If Workers Avoid COVID Vaccine?
Sep 3 2021 // What can employers do if workers avoid COVID-19 vaccines? They can require vaccination and fire employees who don’t comply, or take other actions such as withholding company perks or charging extra for health...
German Labor Chief Says Employers Can’t Ask About Employees’ Vaccine Status
Sep 1 2021 // German companies will not be granted the right to find out whether their employees are vaccinated against COVID-19, although provisions could be made for some particularly risky workplaces, the labor minister said on...
Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber
Aug 27 2021 // Cyber insurance platform Sayata has raised $17 million in new venture capital and plans to expand to offer more specialty coverages. The startup’s platform automates the quote and bind process to help wholesale...
‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
Aug 24 2021 // Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According...
OSHA Urges Employers to Require Vaccinated Workers to Wear Masks
Aug 16 2021 // The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, amid a surge in COVID-19...
