Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
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...
California’s new take on wildfire loss models, and what this means for property insurers
Aug 18 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...
Carrier Revenue Growth Expected to Outpace Hiring in Next Year
Aug 18 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...
3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
Aug 15 2025 // Homeownership has long been synonymous with the American Dream. And it’s no wonder: owning property allows you to customize where you live, build stability, and, perhaps most importantly, it gives you the opportunity...
Nigeria Gives Insurers a Year to Boost Capital Fivefold
Aug 14 2025 // Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses. The capital threshold for non-life insurers was raised to 15 billion naira ($9.8...
5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
Aug 12 2025 // “Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the...
Update: Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute
Aug 11 2025 // Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder can be asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals...
3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
Aug 8 2025 // This post is part of a series sponsored by Cotality. Homeownership has long been synonymous with the American Dream. And it’s no wonder: owning property allows you to customize where you live, build stability, and,...
Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best
Aug 8 2025 // Last year’s sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance industry in aggregate—and homeowners insurers are sticking to rate increases to keep...
Trenton Diocese Withdraws Lawsuit Against Insurers Over Sex Abuse Coverage
Aug 8 2025 // The Roman Catholic Diocese of Trenton, New Jersey has voluntarily withdrawn its lawsuit against four liability insurers over coverage for sexual abuse claims brought against the diocese under the New Jersey Child Victims...
Florida Judge Blocks State Agency for Citizens Claims Disputes, But Insurer Appeals
Aug 5 2025 // A Florida judge temporarily halted Florida’s Citizens Property Insurance Corp. from sending claims disputes to a state arbitration agency, but a notice of appeal by Citizens automatically suspended the judge’s...
New Law Orders Louisiana Insurers to Show Prior Policy Premiums
Aug 4 2025 // Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder. Louisiana Insurance Commissioner Tim Temple sent an advisory...
South African State Insurer Builds $1.1 Billion Riot Buffer
Jul 30 2025 // South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in...
