Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Markets/Coverages: Sompo Offers Tech Insurance Cover for UK Middle Market Clients
Jun 5 2024 // Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom. The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess...
EEOC Sues 15 Employers in 10 States for Not Filing Workforce Demographics Data
Jun 4 2024 // Last week the U.S. Equal Employment Opportunity Commission (EEOC) took what is being called an unprecedented step by filing lawsuits against 15 employers for allegedly failing to comply with mandatory reporting...
CIAB: Commercial P/C Premiums Increase 7.7% in Q1 2024
Jun 3 2024 // Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024, according to The Council of Insurance Agents and Brokers’ Q1 Market Survey. With...
Survey: Mid-Market Leaders Peg Cyber, Economy and Regulation as Top Concerns
May 30 2024 // Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political...
Markets/Coverages: Rokstone, Allianz Commercial Partner for $10M Marine Cargo Facility
May 21 2024 // Allianz Commercial and Rokstone, the Aventum Group’s international re/insurance MGA, announced a collaboration for a US$10 million facility to write marine cargo business worldwide with immediate effect. This...
CIAB: Commercial P/C Premiums Increase 7.7% in Q1 2024
May 20 2024 // Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024. According to The Council of Insurance Agents and Brokers’ Q1 Market Survey, the...
“Dirty Dozen” Unsafe Employers Putting Workers at Risk
May 20 2024 // A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities marked as being among the most unsafe...
The Relevance of Standard Carriers to Commercial Lines
May 20 2024 // Question: Are standard, admitted, insurance carriers relevant commercial markets? Arthur J. Gallagher stated in their 2020 10K that 50% of the total U.S. commercial property/casualty market is written through alternative...
Farmers to Resume Offering Key Lines of Business Insurance in California
May 14 2024 // Farmers Insurance said it will resume accepting new business commercial multi-peril applications for auto service & repair, habitational, manufacturing, real estate and wholesale distribution policies in...
California Workplace Violence Law a Best Practice No Matter What State You’re in
May 14 2024 // California Senate Bill 553 is groundbreaking legislation that aims to prevent workplace violence and enhance employee safety and security in California. The law elevates California’s commitment to protecting workers,...
People Moves: CREST in Arizona Adds Anguis as Commercial Lines Broker
May 14 2024 // Andy Anguis Andy Anguis joined Crest Insurance Group as a commercial lines broker in the company’s Chandler, Arizona, office. Anguis’ 25 years of experience includes commercial lines, sales/service leadership,...
OSHA Cites Boston Employer in Window Washer’s Fatal 29-Story Fall
May 10 2024 // Federal workplace safety investigators are alleging that an East Boston window cleaning company’s failure to inspect and replace damaged or defective equipment contributed to an employee’s fatal 29-story fall...
Slain Visiting Nurse’s Husband Sues Employer, Alleging It Ignored Safety Concerns
May 8 2024 // The husband of a Connecticut visiting nurse who was killed during an appointment with a convicted rapist filed a wrongful death lawsuit Monday, alleging her employer repeatedly ignored workers’ safety concerns about...
New $20M Coverage for California Commercial Property E&S Risks in Wildfire Areas
May 8 2024 // Wildfire Defense Insurance Services is offering a $20 million excess and surplus commercial property coverage for E&S risks in wildfire prone areas of California. The coverage is for total insured value up to $20...
People Moves: Leif Assurance Hires Sills as Commercial Lines Account Executive
May 6 2024 // Kristine Sills Leif Assurance, headquartered in St. Louis, hired Kristine Sills as a commercial lines account executive. Sills’ responsibilities include managing new business acquisitions, as well as handling the...
Small Businesses See Stable Business Climate; Cite Cybersecurity as Top Threat
May 6 2024 // The first quarter Small Business Index, which measures small business owner confidence, is 62.3 – similar to last quarter’s score of 61.3 – reflecting a stable business climate. More small businesses see...
Medical Marijuana Law Does Not Impair Employers’ Right to Drug-Free Workplace
May 6 2024 // A Connecticut employer has the right to terminate an employee who is impaired by medical marijuana in the workplace. The Connecticut Appellate Court on March 19 upheld the dismissal of a lawsuit brought against a nonprofit...
New California Law Expands Work Comp Role in Curbing Workplace Violence
May 6 2024 // New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger...
Probe Into Death of Nurse on Home Visit Alleges Employer Failed to Protect Workers
May 3 2024 // A home health care company failed to protect a visiting nurse who was killed during an appointment with a convicted rapist at a Connecticut halfway house and should be fined about $161,000, federal workplace safety...
‘Dirty Dozen’ Unsafe Employers Putting Workers at Risk
May 1 2024 // A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities marked as being among the most unsafe...
