Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Just a Few Thoughts About Assignments of Benefits
Jan 17 2018 // You may have figured out that I like to watch the insurance news. I mean, I work for the company that produces my favorite insurance news (Insurance Journal) and I don’t say that just because I work here. I was an IJ...
Report Shows Florida AOB Abuse Worsening as Lawmakers Consider Reforms
Jan 17 2018 // The 2018 Florida Legislative Session is underway, and lawmakers have wasted no time taking up legislation to address the assignment of benefits crisis plaguing the state. While they debate which reform option to back,...
Oklahoma Says Farmowners Insurance Program Insurer, Rockingham, Not Licensed
Jan 16 2018 // The Oklahoma Insurance Department says a farmowners insurance program being advertised in Oklahoma is not valid because the insurer, Rockingham Casualty Company, is not licensed to operate in the state. In early January,...
Iowa High-Rise Project Uncertain After Property Swap with Insurer
Jan 12 2018 // The developer of an $88 million high-rise project in downtown Des Moines has announced plans to trade the land to an insurance company in exchange for a portion of a downtown property. Blackbird Investments’...
Verisk’s ISO Personal Lines Program Targets $40 Billion Private Flood Insurance Market
Jan 11 2018 // Things just got a bit easier for private personal lines insurance carriers wanting to enter the flood insurance market. Through its ISO subsidiary, data analytics firm Verisk has launched a new personal lines flood...
Compensation for Iran Tanker Accident Could Be Complicated by U.S. Sanctions
Jan 11 2018 // The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week of an Iranian oil tanker and a Chinese cargo ship, sources say. The tanker Sanchi,...
Main Street America Group in Florida Promotes Osman to VP of Personal Lines
Jan 11 2018 // The Main Street America Group has promoted Darryl Osman to vice president of personal lines. Osman remains based at the company’s home office in Jacksonville, Fla., and reports to Dan Gaynor, the company’s...
Florida Appeals Court, Regulator Reject Policy Language Aimed at Curbing AOB Abuse
Jan 10 2018 // A Florida appeals court has sided with the state’s insurance regulator in rejecting policy language filed by a Florida homeowners insurer to restrict the use of assignment of benefits. The decision could have a...
Missouri’s Mike Keith Insurance Joins Keystone Insurers Group
Jan 9 2018 // Mike Keith Insurance of Clinton, Missouri, has joined Keystone Insurers Group, becoming the partnership’s eleventh agency member in Missouri. The Mike Keith agency has four offices located throughout West Central...
Association of California Insurance Companies Now PCI Western Region Office
Jan 8 2018 // The Association of California Insurance Companies will officially be known as the Property Casualty Insurers Association of America’s Western Region office. The name change is the final step of the 2012 merger of...
The Competitive Advantage: A Scary Trend
Jan 8 2018 // Maybe “trend” is inaccurate because the data is scant, or maybe “trend” is a presage. The “trend” does not yet exist, but it will. The “trend” is companies taking drastic...
Netflix vs. HBO and the Race to the Insurance Customer
Jan 8 2018 // The goal is to become HBO faster than HBO can become us, the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference founder Caribou Honig thinks traditional insurers and...
2018 Insurance Industry Meetings & Events Directory
Jan 8 2018 // CIWA Industry Days Jan 8-10 Hilton La Jolla Torrey Pines La Jolla, Calif. California Insurance Wholesalers Association (CIWA) Contact: Thomas Shovlin, thomas@ciwa.net The 19th Annual Windstorm Insurance Conference Jan...
Top Insurtech Predictions for 2018
Jan 8 2018 // Insurtech is often framed as a force of disruption in the insurance industry. But technology doesn’t disrupt the industry – it enhances the way carriers and customers interact. In 2018, I predict we will...
Sexual Harassment: Employment Liability Tipping Point
Jan 8 2018 // From Hollywood mogul Harvey Weinstein to famed television journalist Matt Lauer, to thousands of others speaking out through the social media movement #MeToo, sexual harassment allegations from individuals who claim to...
Insurance Agency Financing Options
Jan 8 2018 // Yes, maybe and no. While these responses might sound like loan decisions you might expect to hear from a lender, they represent my response to the often-asked question of where to seek financing for loans to facilitate an...
Florida’s Citizens Moves on From 2017, Expects Policy Count Growth in 2018
Jan 8 2018 // Citizens Property Insurance Corp., the Florida state-run insurer of last resort, is anticipating its policyholder count will increase in 2018 for the first time since its efforts to shed policies through depopulation began...
Arkansas Welcomes P/C Insurers Lemonade, Tower Hill
Jan 8 2018 // Two additional property/casualty insurance carriers have been approved to conduct business in Arkansas. The Arkansas Insurance Department (AID) announced in December that Lemonade Insurance Co., has received a Certificate...
New Law Requires Notice of Workers’ Comp Premium Hikes in New York
Jan 8 2018 // New York Governor Andrew M. Cuomo has signed Assembly Bill No. 1620 into law, requiring insurance companies to notify employers in advance of some workers’ compensation insurance premium increases. The law was...
N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates
Jan 8 2018 // The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers...
