Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Chubb Names Booker Major Commercial Lines Property Accounts Senior VP
Dec 19 2017 // Chubb has named Matt Booker, as senior vice president, Major Accounts Property, in the United States. In this capacity, he will have responsibility for underwriting, strategy, production, product development, management,...
Businesses to Receive Workplace Safety Grants from Missouri Employers Mutual
Dec 18 2017 // Workers’ compensation insurer, Missouri Employers Mutual (MEM), has announced a third round of safety grant recipients after awarding safety grants to 37 Missouri businesses previously. Safety grants help Missouri...
CVS-Aetna Merger Will Influence Employers’ Benefits Decisions: Aon
Dec 18 2017 // CVS Corp.’s proposed purchase of Aetna Inc. will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found. CVS, the...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 18 2017 // Overall customer satisfaction with large commercial insurers increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the J.D....
Trump’s Labor Board Overturns Obama ‘Joint Employer’ Rule
Dec 15 2017 // A U.S. labor board on Thursday overturned an Obama-era ruling that had made it easier for unions and workers to hold companies accountable for practices of contractors and franchisees, a decision welcomed by business...
Arrowhead Expands Its New Small Business Underwriting Staff
Dec 14 2017 // San Diego, CA, December 14, 2017 – Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the addition of Alan Nelson as West region leader of Arrowhead Core Commercial. Al comes to Arrowhead with over 30...
Why Publishing Policies Against Workplace Sexual Harassment Is Not Enough
Dec 12 2017 // Sexual misconduct happens at work not because companies don’t publish anti-harassment policies, experts say, but because managers don’t enforce them – and because people fail to apply them to...
Commercial Insurance Prices in U.S. Stayed Flat in Q3: Willis Towers Watson
Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...
Indiana Fines Rural King $14K for Alleged Workplace Safety Violations
Dec 7 2017 // Indiana state regulators have fined farm supply chain Rural King $14,000 for alleged safety violations at a southern Indiana warehouse. The Indiana Occupational Safety and Health Administration issued a Nov. 30 order that...
How Commercial Insurance Customers Rate Large Carriers, Brokers
Dec 7 2017 // Overall customer satisfaction with large commercial insurers has increased in 2017, driven primarily by insurers’ focus on more tailored and diversified products for their customers. That’s according to the...
USI Completes Acquisition of Wells Fargo Commercial Insurance Business
Dec 4 2017 // USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting,...
Global Commercial Insurance Rates Decrease Again: Marsh
Dec 4 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Dec 4 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
Virginia’s Towne Insurance Hires Rogerson to Manage Select Business Unit
Nov 30 2017 // Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit. He will be responsible for further...
Commercial Insurance Rate Decreases Slowing Globally: Marsh
Nov 22 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Nov 22 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...
Chubb Launches Commercial Division for SMEs in Asia Pacific
Nov 14 2017 // Chubb announced it has formed a division in Asia Pacific dedicated to the risk management needs of small- and medium-sized enterprises (SMEs). This new business division, which is named the Small Commercial Division,...
Nebraska Bakery Faces $122.6K in Penalties for Multiple Workplace Hazards
Nov 14 2017 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bimbo Bakeries USA for exposing workers to multiple hazards at its Bellevue, Nebraska, commercial bakery. The company...
Allianz to Offer Small Business Cyber Risk Management Services Through Zeguro
Nov 8 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based software company Zeguro, to address cyber security and risk management for small to...
