Latest Small Business Headlines
All the headlines from our Small Business Topic Page, ordered by recency.
Judge Nixes Trump Administration’s Low-Cost Association Health Plans for Small Firms
Mar 31 2019 // A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, the second setback in a week for the administration’s health care initiatives. U.S. District Judge John...
Sayata Labs Raises $6.5M for Cyber Risk Underwriting Service
Mar 28 2019 // Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized...
Analysis: Warren Buffett Champions an Inferior Product in THREE Policy
Mar 25 2019 // Warren Buffett, often ahead of the curve, sounded like a disrupter in a 2004 shareholder letter. Fifteen years ago, Buffett wrote, “Insurers have generally earned poor returns for a single reason: They sell a...
Oklahoma House Passes Bill to Help Small Businesses Grow
Mar 14 2019 // Legislation that would make the Small Employer Quality Jobs Program more accessible to startup companies and small businesses has passed the Oklahoma House of Representatives with a bipartisan vote of 88 to 5. The Small...
5 Questions to Ask Small Businesses to Uncover Their Cyber Blind Spots
Mar 11 2019 // In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes Insights and The Hanover shows that most small...
Small Business Owners Don’t Trust Commercial Insurance Buying Process: Accenture
Mar 4 2019 // Small commercial insurers aren’t giving their client base what they want — a simple and easy purchase experience. Whether online or through an agent, business owners are left confused, frustrated and having to...
PIA Makes Cyber Product Available for Agents to Sell to Small Business Clients
Feb 28 2019 // The National Association of Professional Insurance Agents (PIA National) has given its members a cyber insurance product to sell to their small and mid-sized businesses clients. PIA and ABA Insurance Services (ABAIS) have...
Look Who Is Betting on the Agency System
Feb 15 2019 // According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting...
InsurTechs Take Note: Chubb’s Digital Marketplace Serves 1,000 Agents a Day
Feb 13 2019 // Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial investments in digital technologies including cloud, mobile, APIs, security, chatbots, analytics...
Berkshire Hathaway’s New ‘THREE’ Policy Seeks to Simplify Small Business Insurance
Feb 12 2019 // Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it. The product,...
Small Businesses Under Scrutiny Over Classifying Independent Contractors
Jan 28 2019 // Small business owners who want to use independent contractors need to be sure these workers really aren’t employees. Federal and state government agencies are on the lookout for businesses that use independent...
Who’s Investing in the Agency System
Jan 21 2019 // According to some pundits, the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors putting their money where their mouth is...
How to Prevent Small Business Clients from Hitting Cyber Blind Spots
Jan 21 2019 // Ask 5 Key Questions to Help Identify Cyber Risk In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes...
Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked
Jan 18 2019 // Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber attack would look like for small businesses. The insurer collaborated with UK bike...
Most UK Small Businesses Remain in the Dark About Cyber Risks
Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...
CoverWallet Opens Its Tech Platform, Carriers to Independent Agents
Jan 7 2019 // “We give you a login and password, and then every time that you talk to a customer, you can use our platform to sell faster, simpler, quicker,” said CoverWallet CEO Inaki Berenguer, referring to insurance...
New York Lawmakers Pledge to Change Laws That Enable Predatory Lending
Dec 13 2018 // New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to seize the assets of thousands of small businesses across the country. Brad Hoylman, incoming chairman of...
New York Said to Open Investigation into Potential Small-Business Lending Abuse
Dec 7 2018 // New York’s attorney general has opened an investigation into potential abuses by finance firms that offer quick money to small businesses nationwide, according to a person familiar with the probe. Attorney General...
Senators Seek Ban on ‘Confessions’ Tactic Used by Predatory Small Business Lenders
Dec 7 2018 // Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from small businesses. Senators Sherrod Brown, the top Democrat on the Senate Banking Committee, and Marco...
Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents
Dec 4 2018 // CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today. With 16...
