HomeBusiness Insurance

Business Insurance

Top 7 Small Business Insurance Options in Illinois for 2024

Small business insurance in Illinois protects businesses against various risks and potential financial losses. Tailored to meet the unique needs of small enterprises, this type of insurance can cover aspects such as property damage, liability, employee-related risks, and business operation interruptions.Given Illinois' diverse...

Company gets $3M after former employees breached noncompetes

A federal jury has ruled that insurance brokerage Lockton Cos. and two brokers will pay $3 million to USI Insurance Services for allegedly breaching noncompete agreements, Business Insurance reported July 23.  Additionally, Lockton will pay $915,000 in damages for aiding and abetting the...

Encova Insurance Names Shaver SVP, Small Business, and Lowe VP, Package Lines Underwriting

Encova Insurance, headquartered in Columbus, Ohio, named Michelle Shaver as senior vice president, small business, commercial lines, and Carrie Lowe as vice president, package lines underwriting. Shaver most recently was a small business leader for Chubb...

Crum & Forster Wins Silver Showcase Awards from the Insurance Marketing & Communications Association (IMCA)

MORRISTOWN, N.J., July 23, 2024 /PRNewswire/ -- The Marketing and Corporate Communications team at Crum & Forster (C&F), a leading national property and casualty specialty insurance company, has earned two Silver Showcase Awards from the Insurance Marketing & Communications Association (IMCA) for its exceptional work...

Marsh McLennan Agency (MMA) hires Trnka and Grant – InForum

Marsh McLennan Agency (MMA) recently hired Josie Trnka as a Business Insurance Senior Client Advocate and Mandy Grant as a Senior Client Advocate in the Surety Department in their...

Microsoft Outage Could Produce ‘Insurance Catastrophe’

Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday...