Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
U.S. to Streamline Approval for Commercial Drone Use
Mar 22 2015 // The U.S. Federal Aviation Administration plans to unveil new steps soon to make it easier for companies to use drone aircraft for specific business operations, according to people with knowledge of the matter. Commercial...
JLT Australia Buys Recovre, a Provider of Workplace Health & Safety Services
Mar 3 2015 // JLT Australia, a subsidiary of Jardine Lloyd Thompson Group plc, announced it has agreed to acquire 100 percent of the shares of Recovre Group from Hawkesbridge Capital. Recovre is a leading national provider of workplace...
MacNeill Group Selected to Grow Commercial Property and Casualty Business
Feb 27 2015 // Sunrise, FL, February 27, 2015 – MacNeill Group, a wholly-owned subsidiary of Team Focus Insurance Group (Team Focus), and a licensed managing general agent (MGA) specializing in commercial, personal, transportation and...
Gaines Named Liberty Mutual National Medical Director, Commercial Insurance
Feb 26 2015 // Liberty Mutual Insurance has appointed Dr. Will Gaines, MD, MPH, as national medical director of its Commercial Insurance strategic business unit. Gaines is responsible for managing the company’s team of regional...
New Jersey’s Selective Insurance Hires Eden as Head of Commercial Lines
Feb 25 2015 // Douglas T. Eden Selective Insurance Group Inc. in Branchville, New Jersey, has hired Douglas T. Eden as executive vice president, head of commercial lines. Eden will assume responsibility for all aspects of standard...
Top Writers of Homeowners, Blizzard-Exposed Commercial Lines in New England
Feb 23 2015 // This past month’s cycle of blizzards and heavy snowfall in the Boston area and New England have been adding up to a significant impact in the region. The following are the top U.S. writers of homeowners, auto and...
N.C. Workplace Deaths Up 90% in 2014
Feb 23 2015 // Work-related fatalities in North Carolina increased by 90 percent in 2014 over 2013. There were 44 workplace fatalities, compared to 23 in 2013, the state Labor Department said. The most work-related deaths – 18 – were...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 23 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
Business Risk Partners Hires Simmons as E&O Manager in Connecticut
Feb 20 2015 // Bruce Simmons Business Risk Partners, a program administrator in specialty insurance, has hired Bruce Simmons as errors and omissions (E&O) manager for miscellaneous professional liability (MPL) and cyber liability...
Boozing, Promiscuous Business Travelers Put Selves, Employers at Risk
Feb 20 2015 // America’s business travelers are too often mixing business with pleasure, exposing themselves and their employers to dangerous scenarios. According to a national survey by On Call International, a customized travel...
Florida’s Tower Hill Prime Now Writing Commercial Lines Products in the State
Feb 19 2015 // Tower Hill Insurance Group has made its commercial lines products available to Florida businesses through Tower Hill Prime Insurance Co. Tower Hill Prime is an admitted property and casualty carrier headquartered in...
South Dakota Workplace Shooting Leaves 2 Dead, 2 Injured
Feb 17 2015 // The mood in the community of Lennox, S.D., is somber and likely will remain that way for a while, as residents prepare for the funeral of a man killed in a workplace shooting. The funeral for Jon Richter, 45, is scheduled...
Poll Says Small Businesses Foster Sedentary Work Environment
Feb 10 2015 // Workplace wellness doesn’t seem to be all that high on the list for small businesses, where getting employees active and moving seems to be taking a back seat to other priorities. A poll designed to find out how much...
Feds: Ohio Workplace Fatalities on the Rise
Feb 9 2015 // Workplace fatalities have been rising in Ohio, and federal officials cite lack of attention to safe work practices and training and the existence of younger and newer manufacturing and construction workforces. There had...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 9 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
10 Things to Know About Business Auto
Feb 9 2015 // The Business Auto Coverage Form (BACF) is the most commonly used form for business auto liability insurance.Autos in the form are defined to include cars, trucks, trailers, vans or other vehicles designed for use on public...
A.M. Best: Outlook Stable for Louisiana’s Stonetrust Commercial Insurance
Feb 6 2015 // A.M. Besthas removed from under review with negative implications and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of Stonetrust Commercial Insurance...
How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers
Feb 6 2015 // While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new...
Understanding Commercial Property Underwriting and ‘COPE’
Feb 3 2015 // Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years. So what are these time-honored elements? The...
Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance,...
