Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Florida-Based Regional Carrier Silver Airways Shutting Down Operations
Jun 12 2025 // Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the...
Another Insurer — Philadelphia Insurance— Reports Network Outage
Jun 11 2025 // Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online...
Samsung Fire & Marine Insurance Increases Stake in Lloyd’s Insurer Canopius
Jun 11 2025 // Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake,...
Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules
Jun 11 2025 // Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook...
Carrier Management Hosts “Demo Day” for Homeowner Insurers
Jun 10 2025 // San Diego, CA. June 10, 2025 – Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The...
Connecticut Crumbling Foundation Insurer Seeks $100 Million to Close
Jun 10 2025 // The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s...
Insurance Companies Urged to Respond to TDI Data Call by July 11
Jun 9 2025 // The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in...
South African Insurers to Face Climate Stress Test, SARB Says
Jun 9 2025 // South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm. “This year we put out our first...
Homeowners Suing USAA and AAA Insurers Over LA Wildfires
Jun 6 2025 // Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County...
Massachusetts Cuts Red Tape on Insurers, Plus Banks, Contractors, Barbers and More
Jun 3 2025 // Massachusetts is eliminating a series of insurance and other business regulations with a goal of making it easier and less costly to conduct business in the state. According to Gov. Maura Healey, her administration’s...
Lloyd’s Insurer Beazley Gains New Bull to Bolster Unique Status
May 30 2025 // The only stock in the FTSE 100 with buy recommendations from every analyst that covers it just gained another bull. Beazley Plc was named a ‘top pick’ by Berenberg, which gave the Lloyd’s of London...
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
May 30 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
Dutch Insurer Scraps Old-Style Chat Bots Amid Uneven AI Rollout
May 28 2025 // NN Group NV is replacing pre-programmed chat bots in client-facing roles with a version that can interact more naturally with humans, further evidence of the continued but uneven roll-out of artificial intelligence in...
Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
May 28 2025 // A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on premiums. As artificial...
Alabama Study Shows Fortified Homes Paying Off for Insurers, Homeowners
May 28 2025 // A new Alabama study of hurricane-affected homes sends a clear message to insurers and homeowners nationwide: climate-resilient construction methods can protect homes, and save a lot of money. The first-of-its-kind...
Underwriting Concerns About Solar? Insurer Certifies Panels for Hail, Fire Resistance
May 27 2025 // While some insurance companies in Florida and beyond have balked at writing properties with rooftop solar panels, FM Global says it has pioneered an idea that may help – a testing system that certifies panels for fire...
Shareholders of Swiss Insurers Helvetia and Baloise Approve Merger
May 23 2025 // The shareholders of the Swiss insurers Helvetia Holding Ltd. and Baloise Holding Ltd. approved the merger to form Helvetia Baloise Holding Ltd., at their respective extraordinary general meetings. Upon the closing of the...
Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says
May 23 2025 // The future of underwriting will be built on closer relationships between carriers and insurance agents, with carriers working hand-in-hand with agencies to maximize profits from books of business. That was the word from...
Washington Commissioner Issues $500K in Fines; $250K Fine for Unlicensed Insurer
May 22 2025 // Washington’s insurance commissioner issued more than $500,000 in fines for insurance law violations, including $250,000 against an unlicensed insurer and $30,000 for illegal pet insurance sales. Between January and...
Boost Prices or Retreat? How Carriers Improved Homeowners Books in 2024
May 21 2025 // Direct written premiums in the U.S. homeowners insurance market rose more than 13 percent in 2024, and the net combined ratio for the line fell below breakeven for the first time in five years. Higher prices explained much...
