Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Texas’ QEO Group to Write Commercial Auto with Clear Blue Insurance Group
Oct 12 2017 // Irving, Texas-based QEO Group LLC (QEO) and Clear Blue Financial Holdings LLC (Clear Blue), headquartered in North Carolina, have agreed to a long-term, exclusive relationship for QEO to write its commercial automobile...
Insurtech CoverWallet Secures $18.5 Million to Expand Small Business Insurance Platform
Oct 12 2017 // Digital business insurance agency CoverWallet said it has closed a $18.5 million Series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, Index Ventures, CV Starr...
Mass. Nanny Gets 15 Months for Stealing More Than $100K from Employer
Oct 12 2017 // A Massachusetts nanny who stole more than $100,000 from her employers has been sentenced to 15 months in federal prison. Prosecutors say 36-year-old Stacy Fortunato was also sentenced Tuesday to three years of probation...
Starr Cos. Now Offers Commercial Auto Coverages in Canada
Oct 11 2017 // Starr Cos. announced it has introduced commercial primary auto coverages in all provinces and territories in Canada. “This allows Starr to better support our primary general liability accounts by offering commercial...
Maine Employers Receive $21M Workers’ Compensation Refund
Oct 9 2017 // Maine Employers’ Mutual Insurance Company has returned $21 million to Maine employers insured by the workers’ compensation provider. About 18,000 employers in the state will see insurance returns from the...
Left Out of Disaster Tax Relief Program, Louisiana Offers Bigger Flood Aid Loans for Small Businesses
Oct 6 2017 // Gov. John Bel Edwards’ administration is boosting the size of loans available to small businesses damaged by last year’s flooding in Louisiana and is extending the deadline for applications. The Restore...
Alera Group Acquires Employer Concept in California
Oct 5 2017 // Alera Group has acquired Employer Concept Insurance Services, based in Irvine, Calif. Terms of the deal were not disclosed. Employer Concept Insurance Services will join Alera Group through local firm...
Starr Adds Commercial Auto Coverage for Aviation Insureds
Oct 5 2017 // Starr Companies has added commercial auto coverage for aviation insureds. Auto coverage is available on an ‘any auto’ basis for fleets owned by companies operating in the aviation industry when purchased along...
Chubb Taps Hiscox’s Hosking, Promotes Bear to UK Middle Market Broker Roles
Oct 3 2017 // Chubb has announced the appointment of two new positions within its Middle Market Independent Broker segment. Hannah Hosking has been appointed as Head of Distribution – Independent Brokers UK&I, while Steve Bear has...
Social Issue Investors Pressuring Employers on Pay Equity and Paid Leave Policies
Oct 3 2017 // Investors focused on social issues are finding that trickle-down diversity doesn’t work. For years, they surmised that having enough women on boards and in senior management would produce fairer policies. Now...
Supreme Court to Decide Future of Workers’ Class Action Suits Against Employers
Oct 2 2017 // The U.S. Supreme Court kicks off its new nine-month term on Monday with a major employment case that could deprive workers of the ability to join together to file lawsuits when taking on companies over a wide range of...
Fines for Workplace Deaths in Nevada Reduced Often
Oct 2 2017 // Companies that contested Nevada workplace safety citations after an employee died on the job received reduced fines about half the time. An analysis of state and federal Occupational Safety and Health Administration...
CNA Names Dasher Underwriting VP for Small Business
Sep 25 2017 // Commercial lines insurer CNA has announced the appointment of Greg Dasher to vice president of underwriting for its Small Business segment. Dasher will be responsible for the small business segment’s strategic and...
AIG Restructures Again; Commercial Lines CEO Schimek to Leave
Sep 25 2017 // American International Group is reorganizing its underwriting businesses into three main segments—General Insurance, Life & Retirement, and a standalone technology-enabled platform—the company announced today. The...
Drugs in Workplace a Danger to Workers and Drag on Productivity
Sep 22 2017 // At Philip Tulkoff’s food-processing plant in Baltimore, machines grind tough horseradish roots into puree. “If you put your arm in the wrong place,” the owner says, “and you’re not paying...
Employer Leadership in Disaster Recovery and the Power of Return-to-Work
Sep 21 2017 // Businesses and their leaders have a unique role to play in helping communities and individuals recover from the devastation of a storm like Hurricane Harvey, and they should not underestimate the power of getting employees...
Unemployment Is Top Business Risk, Says WEF Survey, Published by Zurich, Marsh
Sep 21 2017 // Unemployment is the biggest risk for businesses globally, according to a World Economic Forum survey of business leaders published on Wednesday. The company executives put unemployment or underemployment as the top risk...
Employers Expect Above-Average Rise in Cost of Employee Benefits in 2018: Mercer Survey
Sep 18 2017 // Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which is above the average increase of 3 percent of the past five years. Early responses from Mercer’s...
How One German Company Is Making Workplace Robots Safer for Humans
Sep 18 2017 // Two years ago, a robot crushed a 22-year-old man to death at a Volkswagen AG factory in Germany after the maintenance worker became trapped in an area usually off-bound to humans. While this type of tragedy is still...
Fines for Workplace Deaths in Nevada Reduced Often
Sep 15 2017 // Companies that contested Nevada workplace safety citations after an employee died on the job received reduced fines about half the time. An analysis of state and federal Occupational Safety and Health Administration...
