Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Florida-Based Triton Acquires Phoenix Insurance, Expands into Commercial Market
May 5 2015 // Triton Insurance Group, Inc., based in Margate, Fla., has entered the commercial insurance market with the acquisition of Phoenix Insurance Group, located in Coral Springs. Currently, Triton Insurance Group, Inc., offers...
RIMS Report: Insurers, Employers Still Figuring Out Legal Marijuana’s Effects
May 3 2015 // Following the lead of a pioneering few, more states around the country are warming up to the idea of legalizing marijuana use for medical or recreational purposes, or both. But with legalized pot still in its infancy, it...
Baltimore Riot Damage Adds Burden to Small Businesses
May 1 2015 // Richard Sung Kang’s American dream came crashing down in a shower of broken glass. His West Baltimore liquor store and bar, the Oxford Tavern, was hit by looters during a riot over the police-involved death of...
AIG’s Commercial Lines Improves in Q1
May 1 2015 // American International Group Inc.’s reported good news in its commercial lines business during the first quarter that was partially offset by low interest rates and weak investment returns. AIG on Thursday reported...
Muted Public Reaction Could Speed Up Commercial Drones
Apr 27 2015 // The U.S. government’s first attempt to set widespread rules for the use of civilian drones by businesses is drawing less reaction from the public than expected, a development that may help speed implementation of the...
Employers Names Brown Senior Vice President in California
Apr 24 2015 // RENO, Nev.-based Employers Holdings Inc. has named Lori A. Brown senior vice president and deputy general counsel. Brown is based out of the company’s San Francisco and Walnut Creek, Calif. offices. She is the...
10 Most Common and Costliest Small Business Claims
Apr 20 2015 // Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most...
North Carolina Report on Workplace Deaths Questioned
Apr 20 2015 // North Carolina authorities have praised a sharp decline in workplace deaths over the past few years, but what Labor Commissioner Cherie Berry hasn’t said is the state changed the criteria for the deaths it...
Questions Arise Over Reporting of North Carolina Workplace Deaths
Apr 15 2015 // North Carolina authorities have praised a sharp decline in workplace deaths over the past few years, but what Labor Commissioner Cherie Berry hasn’t said is the state changed the criteria for the deaths it...
10 Most Common and Costliest Small Business Claims
Apr 9 2015 // Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most...
Employers’ Shift to Private Health Exchanges May Cost Employees More
Apr 7 2015 // To limit the rising cost of health care, U.S. companies are increasingly turning to private insurance exchanges that let employees shop for plans, according to research from Accenture Plc. About 6 million people got health...
XL Launches Security Insight Platform to Identify Global Business Risks
Apr 7 2015 // XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform. Created and frequently updated by Salamanca Group, the merchant banking and operational...
Work Comp for PEOs and Their Client/ Employers
Apr 6 2015 // Professional employer organizations (PEOs) began their rise after the adoption of the Tax Equity and Fiscal Responsibility Act of 1982 cleared a path for the creation and expansion of such entities. Between 700 and 900...
Mental Health in Workplace: Employee’s Privacy vs. Employer’s Right to Know
Apr 2 2015 // How do you stop a mentally ill person from sitting down at the controls of a jetliner, or a nuclear power plant, or from holstering a gun for a night on the beat? The news that the pilot of the Germanwings jet that crashed...
ICAT Launches Special Purpose Lloyd’s Syndicate for Mid-Sized U.S. Risks
Apr 1 2015 // Colorado-based natural disaster recovery specialist ICAT announced that Lloyd’s of London has granted approval of Special Purpose Syndicate 6123 to further expand ICAT’s per risk capacity. Subject to completion...
Wisconsin Rideshare Bill Would Require $1M Commercial Coverage
Mar 31 2015 // Wisconsin lawmakers have introduced a bill that would impose statewide regulations on online ride-sharing companies such as Uber and Lyft. The measure would require companies to apply for a $5,000 state license and carry...
FAA Eases Rules for Commercial Drones
Mar 24 2015 // Commercial drone operators will have an easier time using and testing their devices in the U.S. after the Federal Aviation Administration said it has loosened some requirements for obtaining government permission to...
CNA Launches Quote Advantage for Small Business Segment
Mar 24 2015 // CNA has launched Quote Advantage to give agents access to a quicker way of quoting CNA Connect, the company’s flagship business owners’ policy. The new quoting experience is available for nearly 200 focus...
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...