Commercial Lines
Changing Times at NCCI: Workers Comp Organization Now 100 Years Old
When this reporter started her career in insurance a few decades ago as an actuarial quality control technician for the National Council on Compensation Insurance, the only computers we had sitting ...
Beat Capital Launches Specialist Energy Insurance Business
Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, Horace Agency Ltd. Led by industry ...
Dollar General Targeted for Systemic Work Hazards
Dollar General Corp.'s stores are as ubiquitous in small-town America as Starbucks cafes in cities and suburbia. And just like the coffee giant, it's facing increasing criticism over worker treatment ...
Chocolate Factory Blast Highlights Combustion Risks
Last week's fatal blast at a Pennsylvania chocolate factory highlighted the combustibility of food plants in general and chocolate making in particular. The powerful explosion last Friday at R.M. ...
Louisiana Supreme Court Reverses; No Coverage Owed for COVID Shutdown
The Louisiana Supreme Court has joined state high courts across the nation in rejecting a policyholder's business interruption claim for income lost because of government restrictions imposed to slow ...
WCRI: Consolidation of Health Care Driving Up Prices in Work Comp
Consolidation of physician services into larger groups owned by hospitals and health care systems is driving up the cost of care in workers compensation, according to a new study by the Workers' ...
U.S. Commercial Rates Increased in Q4 – But at Slower Pace: WTW
U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8 percent, down from the rate of 5.2 percent in the previous quarter (Q3 2022), according to WTW's most recent ...
Demand for Transactional Risk Coverage Remained Strong in 2022: Marsh
Transactional risk insurance continued its rise in popularity in 2022 to become a global, mainstream feature on mergers and acquisitions (M&A). Despite macroeconomic and geopolitical challenges, ...