Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Progressive Rolls Out Small Business Insurance Comparison Quoting Platform
May 8 2019 // Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer’s new online BusinessQuote Explorer (BQX) delivers...
Iowa Court: No Claim for Workers’ Comp Insurer’s Failure to Inspect Workplace
May 8 2019 // Iowa’s high court has ruled in favor of a workers’ compensation insurer in a case in which a group of employees and former employees of a manufacturing plant alleged that the insurer failed to protect workers...
Amazon Cited in Idaho for Workplace Safety Violations
May 7 2019 // Amazon has resolved the workplace violations cited against the online retail giant’s temporary distribution center in Idaho. The Idaho Statesman reported the Occupational Safety and Health Administration cited the...
AmWINS, The Flood Insurance Agency Launch Commercial Property Flood Product
May 6 2019 // AmWINS Group, Inc., in conjunction with its recent acquisition of The Flood Insurance Agency (TFIA), has launched FloodFLEX, a new commercial property flood product designed to eliminate out-of-pocket expenses not covered...
U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg
May 6 2019 // Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019. “In the first quarter, in total,...
Recent Commission Ruling Highlights Need for National Workplace Violence Prevention Standard
May 6 2019 // A federal commission decision that an employer had a duty to protect a social services worker who was stabbed to death by a client, even though the company did not violate any specific safety standard, reinvigorated...
How Workplace Violence Impacts the Bottom Line
May 6 2019 // Workplace violence leaves chaos in its wake. Besides the psychic trauma, physical injuries and even sometimes fatalities, there are enormous financial impacts. Some are obvious, but many show up only with insightful...
Chubb’s Q1 Net Income Dips Slightly but Commercial Insurance Produces Gains
May 2 2019 // Chubb saw its net income dip slightly in the 2019 first quarter, though commercial and other insurance premiums rose at a healthy clip. The insurance giant’s property/casualty combined ratio also improved, and...
Prime Property & Casualty Insurance Now Writing Commercial Auto in North Carolina
May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the North Carolina commercial auto markets as an admitted carrier specializing in insurance for distressed and substandard risks. PPCI offers the capacity to insure...
Prime Property & Casualty Insurance Enters New Mexico Commercial Auto Market
May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the New Mexico commercial auto market as an admitted carrier specializing in insurance for distressed and substandard risks. PPCI offers the capacity to insure any...
Appalachian Underwriters Taps Florida-Based Kidd to Lead Commercial Auto
Apr 30 2019 // Appalachian Underwriters, Inc. has hired transportation broker Mary Kidd to focus on large commercial transportation accounts in its Sarasota, Fla., office. Kidd will work with accounts with more than $25,000 in premium,...
Reports Say Massachusetts Workplace Deaths Down Slightly
Apr 29 2019 // Labor organizations and a workplace safety advocacy group say 69 people died of work-related causes in Massachusetts last year, down slightly from 74 in 2017. The 28-page report released Friday by the Massachusetts AFL-CIO...
Workplace Injuries Continue to Decline But Could Rise with Low Unemployment
Apr 25 2019 // The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that experts thought would increase claims frequency, according to a report by the National...
CIC Services Launches Captive Program for Small, Mid-Sized Businesses
Apr 24 2019 // CIC Services, LLC, has created a new program help small- to mid-sized companies establish captive programs for their business. The program is designed for companies that would otherwise not be large enough to consider...
AAIS Adds Jonas as Commercial Lines Product Manager in Illinois
Apr 24 2019 // The Lisle, Illinois-based national not-for-profit insurance advisory organization, American Association of Insurance Services (AAIS), has named Joseph Jonas as its new commercial lines product manager. Jonas is responsible...
Michigan AG to Target Worker Misclassification by Employers
Apr 24 2019 // Michigan Attorney General Dana Nessel said her office will target businesses that cheat their employees of wages, pledging a forceful crackdown on what she called an under-the-radar problem that also lets companies dodge...
Alphabet’s Wing Is First Commercial Drone Unit Certified as Airline
Apr 24 2019 // An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual...
Audit Criticizes Spending Practices of Kentucky Employers’ Mutual Insurance Execs
Apr 23 2019 // The governing board of Kentucky Employers’ Mutual Insurance has recommended that its chief executive take a pay cut and lose his long-term job contract in favor of year-to-year probation. The Lexington Herald-Leader...
New Hampshire Senate Passes Bill to Boost Workplace Safety
Apr 22 2019 // The 2016 death of a Northfield Highway Department worker has led to the passage of bill aimed at improving workplace safety for New Hampshire’s public sector employees. The bill, which passed the House last month and...
AI Startup Cytora Raises $32.5M to Expand Commercial Insurance Products, Geographies
Apr 22 2019 // Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate...
