Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Houston Business Insurance Agency Acquired by Florida’s AssuredPartners
Sep 5 2019 // Florida-based AssuredPartners Inc. has acquired Houston Business Insurance Agency located in Houston, Texas. The acquired agency’s team of five will remain under the operational leadership of Dominique...
Oregon Employers Will Get $160 Million From SAIF
Sep 5 2019 // SAIF customers in Oregon will receive $160 million in dividends this year. The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million...
Employers Moving into Hawaii with Its Workers’ Comp
Sep 4 2019 // Employers Inc. is now offering workers’ compensation insurance policies in Hawaii. The expansion has Employers providing workers’ comp to small businesses nationally, excluding four monopolistic...
Bender Insurance in California Names Beno Commercial Lines Claims Specialist
Sep 4 2019 // Bender Insurance Solutions in Sacramento, Calif., has named Rick J. Beno claims specialist in the commercial lines department. Beno has more than 30 years of experience in the management of claims. Bender Insurance...
McDonald’s Expands Training to Address Workplace Harassment, Violence Prevention
Sep 4 2019 // The world’s biggest restaurant company, facing complaints from employees and advocacy groups over workplace policies, said it is expanding its training program for restaurant supervisors and crew. McDonald’s...
QBE Service Helps Employers With Harassment, Bias, Other Employment Issues
Sep 3 2019 // QBE North America has introduced a complimentary service, QBE Business Resource Edge, as part of its Employment Practices Liability (EPL) insurance that is intended to help employers navigate harassment, discrimination and...
Top 10 Commercial Auto Insurers: Winners and Losers in Fast-Growing Market
Aug 29 2019 // The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report. In fact, a decade of...
Connecticut Woman Pleads Guilty to Fraud for Embezzling $400K from Employer
Aug 28 2019 // A Connecticut woman has pleaded guilty to embezzling more than $400,000 from her employer. Federal prosecutors say 56-year-old Vicki Miller, of Colchester, pleaded guilty to wire fraud Friday in U.S. District Court in...
Chronic Commercial Auto Insurance Underwriting Losses to Continue in 2019: Fitch
Aug 27 2019 // U.S. property/casualty insurers continue to face substantial underwriting losses on commercial automobile insurance and, following a statutory combined ratio of 108% in 2018, the segment is poised for a ninth consecutive...
How Small Businesses Are Training for Active Shooters
Aug 27 2019 // At a four-hour meeting last month, Michelle Abdow’s staffers got to experience some of the sights, sounds and even smells they could encounter if someone invaded their office and began shooting. Security experts and...
Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers
Aug 22 2019 // Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes. CoverPlus offers a...
The Lowdown: Employer Risk in California and Beyond
Aug 21 2019 // Newly released this week on Research & Trends, “Risky Business – Employment Practice Litigation on the Rise” offers insights into the many predicaments your business prospects and clients could find...
Chesapeake Employers’ Insurance Company Appoints Madden to Board of Directors
Aug 21 2019 // Martin G. Madden, a former senior advisor to Maryland Governor Larry Hogan from 2015 to 2017, was appointed to the board of directors of Chesapeake Employers’ Insurance Company, effective June 1, 2019. Madden will...
Arch Insurance to Buy Coastal Commercial Property MGU Ventus Risk Management
Aug 19 2019 // Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to...
Work-From-Home Can Deliver Big Cyber Risks for Small Businesses
Aug 19 2019 // Remote employees place businesses at risk, yet many small business owners are not properly mitigating potential cyberthreats, nor are they adequately protecting their employee platforms, a new report says. As work-life and...
Legislation Highlights Why Cyber Market Should Keep Watch on Small Business Risk
Aug 19 2019 // The 2018 Verizon Data Breach Investigations Report cited that 58% of cyberattack victims were small businesses, and the 2019 Symantec Internet Threat Report™ stated that employees working at small businesses were...
Prioritizing Diversity and Inclusion in the Workplace
Aug 19 2019 // For the past several years, diversity and inclusion (D&I) has been a prominent topic of discussion within the insurance industry. However, while most companies understand that diversity is good for business, many have...
Bill to Pool Small Businesses for Insurance Gets Final Approval in North Carolina
Aug 15 2019 // A way for North Carolina small businesses and sole proprietorships to join together and obtain more affordable individual health insurance is heading to Governor Roy Cooper’s desk after the measure received final...
Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico
Aug 12 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo Global Risk Solutions (GRS) team offering insurance products to smaller...
Remote Workers Can Be Big Cyber Risk for Small Businesses
Aug 9 2019 // Remote employees place businesses at risk, yet many small business owners are not properly mitigating potential cyberthreats, nor are they adequately protecting their employee platforms, a new report says. As work-life and...
