Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia
Sep 17 2025 // Western insurers on Tuesday lost a London High Court bid to appeal against a judgment that hands aircraft lessors $1.0 billion-plus from their war risks insurance policies to cover the loss of jets stuck in Russia since...
Maryland Insurers Must Disclose Use of Claims History for All P/C Lines
Sep 16 2025 // Maryland’s insurance commissioner is advising insurers that if they consider claims history in deciding whether to cancel or non-renew coverage, they must disclose this practice at the inception of a policy and at...
Missouri to Require Insurers to Register With New Uninsured Motorist Program
Sep 12 2025 // Insurance companies licensed to write auto liability coverage in Missouri will soon need to register with the state’s new uninsured motorist program. The Missouri Insurance Verification System (MOIVS) will include...
Texas Insurer New Century Placed in Receivership and Liquidation
Sep 12 2025 // New Century Insurance Company, a property and casualty insurer licensed only in Texas, was placed in receivership receivership and ordered into liquidation by the Travis County District Court in Austin on Sept. 3,...
7 Years of Double-Digit Growth; New Players on Top 25 E&S Insurers List
Sep 12 2025 // 2024 marked the 7th straight year of double-digit growth for the U.S. excess and surplus lines market, but the top 25 players no longer command 70 percent of the pie, according to a new report. AM Best’s latest...
Fleet Operators Want More From Their Insurers: Survey
Sep 11 2025 // A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana released its 2025 Claims...
Bankruptcy Judge Rules Church Insurers Lack Standing to Contest Abuse Claims
Sep 10 2025 // Insurers that have not indicated they will pay claims from sexual abuse survivors currently have no standing to contest certain claims as they are being considered, a federal bankruptcy judge recently ruled in a case...
Direct Home Insurer Kin Raises $50M in Series E Financing
Sep 8 2025 // Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurer also closed on a $200 million debt facility, $145...
California Insurance Commissioner’s Conservation & Liquidation Office Issues RFP Seeking Independent Consultant for Rehabilitation Plan for Conserved Insurer
Sep 8 2025 // The California Insurance Commissioner’s Conservation and Liquidation Office (CLO), as Conservator of California Insurance Company (CIC), is seeking an Independent Consultant to assist the Conservator in performing...
Carrier Revenue Growth Expected to Outpace Hiring in Next Year
Sep 8 2025 // Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook...
Mass. Orders Insurers to Cover State-Backed Vaccines, Even Without CDC Support
Sep 5 2025 // Massachusetts Governor Maura Healey said Thursday the state had ordered insurers to cover vaccines backed by its health department, even if the U.S. Centers for Disease Control and Prevention issue narrower...
Florida OIR Fines Carriers for Adjuster Appointments, Lack of Disclosure Statements
Sep 3 2025 // Florida Insurance Comissioner Michael Yaworsky this year has levied more than $2 million in fines against eight property insurance companies over claims-handling practices flagged by recent market conduct...
California’s new take on wildfire loss models, and what this means for property insurers
Aug 26 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
Japan FSA Plans New Division to Oversee Asset Managers, Insurers
Aug 26 2025 // Japan’s financial regulator plans to set up a division to oversee the asset management and insurance industries, as part of its efforts to drive improvements in the sectors. The new bureau would seek to advance the...
Missouri’s Mutual Insurance Companies Report Stronger Results in 2024
Aug 22 2025 // The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In...
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
Aug 22 2025 // This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead...
Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say
Aug 22 2025 // Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new...
Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability
Aug 22 2025 // The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless...
Update: Another Carrier, Vision Insurance Exchange, to Set Up Shop in Florida
Aug 19 2025 // Regulators have tentatively approved another new property insurer for the Florida market – Vision Insurance Exchange – led by former Florida Peninsula Insurance CEO Roger Desjadon. The Florida Office of Insurance...
Georgia Commissioner to Fine 22 Health Insurers $20M for Lack of Mental Health Parity
Aug 18 2025 // Georgia’s insurance commissioner announced plans to fine 22 health insurers a total of $20 million for failing to cover mental health treatments as required by law, but he did not name the insurance companies in the...
