Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Tokio Marine Kiln Appoints Dreblow as Head of Corporate & Commercial Property
Dec 30 2015 // Tokio Marine Kiln (TMK), the provider of specialist and corporate insurance, has appointed Paul Dreblow as head of Corporate and Commercial Property in its London office. The newly created position will see Dreblow...
IRS Extends Employers’ Reporting Deadlines Under Obamacare
Dec 29 2015 // The U.S. Treasury and Internal Revenue Service said they are extending some Affordable Care Act reporting deadlines to help companies meet the requirements. Employers will have two more months past Feb. 1 to give...
Survey: 80% of Employers Impacted by Prescription Drug Abuse
Dec 21 2015 // A recently released survey of Indiana employers shows that 80 percent have been impacted by prescription drug misuse and abuse, including opioid painkillers, in their workplaces, the state attorney general’s office...
Don’t Treat Small Business Accounts Like Personal Lines
Dec 21 2015 // In the mad rush to economize on and digitize virtually every insurance transaction and relationship activity, some small-business owners are getting shortchanged — and that’s shortsighted. Still, the growing...
Softening of P/C Commercial Markets to Continue: Fitch
Dec 21 2015 // U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors...
After San Bernardino Shooting, Businesses Review How to Handle Workplace Violence
Dec 18 2015 // The terror attack at a social services facility in California has become a sobering reminder to companies of how vulnerable workplaces can be when employees are confronted with active shooters. Since a gun-wielding...
Clear Blue, New U.S. Commercial Insurance Fronting Operation, Opens for Business
Dec 15 2015 // A newly-formed commercial insurance fronting provider, Clear Blue Financial Holdings LLC, said it has officially launched with two fully-licensed fronting carriers and will begin servicing clients immediately. To launch...
Nationwide Launches New Online Quoting System for Small Business Agents
Dec 11 2015 // Nationwide is launching FastPath, a quicker commercial quoting system for insurance agents serving small-business clients. Features of FastPath include: Faster quoting with an average of 80 percent fewer...
Softening of P/C Commercial Markets, Including D&O, to Continue: Fitch
Dec 8 2015 // U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors...
Maryland Issues Bulletin on Commercial Policy Termination Notices
Dec 7 2015 // Property/casualty insurers writing commercial policies in Maryland are no longer required to file the cancellation or nonrewal notices they send out to insureds for approval, the Maryland Insurance Administration (MIA)...
Furniture Maker, Staffing Agency Fined $161K for Texas Workplace Hazards
Dec 4 2015 // Furniture manufacturer, MooreCo Inc., and Milwaukee-based Manpower Group US Inc., a staffing agency, have been cited by federal safety regulators for exposing temporary workers to workplace hazards at a MooreCo plant in...
Main Street America Launches Commercial Lines Cyber Risk Coverage
Dec 4 2015 // The Main Street America Group has launched a cyber risk protection offering designed for “Main Street” businesses in 19 states across the country. The coverage, available through Main Street America’s...
Cyber Insurance Rates Up, Unlike Other Commercial Rates
Dec 3 2015 // Cyber insurance stood out in the third quarter as the only line for which insurers saw consistent and large rate increases, which averaged more than 15 percent in the United States, according to the latest analysis from...
ACE Appoints Commercial P&C Leaders for Overseas General Insurance Division
Dec 3 2015 // ACE Ltd. has appointed the commercial property & casualty leadership team for the company’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of...
ACE Announces Future Leadership Team for Global Surety Business Unit
Dec 2 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016. As...
Maryland Issues Bulletin on Commercial Policy Cancellation Notices
Nov 19 2015 // Property/casualty insurers writing commercial policies in Maryland are no longer required to file for approval the cancellation or nonrewal notices they send out to insureds, the Maryland Insurance Administration announced...
Atlas General Insurance Services, LLC Commercial Division Announces Further State Growth and Product Expansion
Nov 19 2015 // San Diego, CA, November 19, 2015 – Atlas General Insurance Services, LLC (“Atlas”) has continuously expanded its product portfolio within the United States, offering seven proprietary and exclusive...
Atlas General Insurance Services, LLC Named in Business Insurance’s Annual Best Places to Work in Insurance
Nov 18 2015 // San Diego, CA, November 18, 2015 – Atlas General Insurance Services (atlas.us.com) announced today that it has been ranked as #16 in the small employer group category with the annual Best Places to Work in Insurance...
Commercial Insurance Rates, Except Auto and Flood, Still Falling
Nov 16 2015 // Commercial property/casualty insurance prices continued to decline moderately – an average of 3.1 percent – during the third quarter, according to a survey by The Council of Insurance Agents & Brokers. The...
Feds: Indiana Workplace Safety Agency Understaffed, Too Slow
Nov 15 2015 // A federal review of Indiana’s workplace safety agency faulted it for having too few inspectors, slow responses to complaints and missing potentially deadly hazards. The U.S. Department of Labor’s annual...
