Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Telematics CEO: 5 Trends to Watch in 2018 in Auto Insurance
Jan 5 2018 // Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for UBI, 2018 will break the...
Policy Language Leads to $200K Loss for Insurer in Michigan Lawsuit
Jan 4 2018 // A dispute over four words will cost an insurance company about $200,000. A federal appeals court in Michigan has ruled in favor of a man in the Grand Rapids area who suffered serious injuries during a motorbike crash in...
Starr Approved as First Domestic Surplus Lines Insurer in Texas
Jan 4 2018 // Starr Surplus Lines Insurance Co. has become the first domestic surplus lines insurer (DSLI) in Texas, effective Jan. 1, 2018, the Surplus Lines Stamping Office of Texas (SLTX) reported. The company has been approved to...
I Heard There Might Be Opportunity “In-Land”
Jan 4 2018 // “According to CoreLogic, a leading source for flood and disaster risk data, approximately 70 percent of the flood damage from Hurricane Harvey was uninsured….” states Clearsurance in their recently...
Qatar Re Agrees to Buy Markerstudy’s Insurance Companies in Gibraltar
Jan 3 2018 // Qatar Reinsurance Co. Ltd. has signed an agreement to buy four Gibraltar-based insurers from Markerstudy Group. The companies are: Markerstudy Insurance Co. Ltd., Zenith Insurance PLC, St. Julians Insurance Co. Ltd. and...
Zurich Insurance to Sell UK Student Insurer Endsleigh to Broker A-Plan
Jan 3 2018 // As part of its ongoing restructuring and simplification program, Zurich Insurance announced an agreement to sell its UK student insurer Endsleigh to insurance broker A-Plan Holdings. The financial terms of the deal, which...
Netflix vs. HBO and the Race to the Insurance Customer
Jan 2 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...
Top Insurance Journal Southeast Stories of 2017
Dec 29 2017 // It was another busy year in the Southeast with storms, workers’ comp, and carrier insolvencies dominating the headlines. Here’s a look back at some of the stories that attracted the most readers in...
Fairfax Financial Sells Singapore Insurer to Mitsui Sumitomo for $1.6B
Dec 29 2017 // Fairfax Financial Holdings said it has successfully sold a Singapore insurer to Japan’s Mitsui Sumitomo Insurance Co. for US$1.6 billion.The deal between the Toronto, Canada-based P/C insurance, reinsurance and...
Top Insurance Journal East Stories of 2017
Dec 29 2017 // As 2017 wraps up, Insurance Journal is looking back on some of its most popular stories of the year while preparing for what is ahead for the insurance industry in 2018. These are just a few of many topics Insurance...
Top Insurance Journal Midwest Stories of 2017
Dec 29 2017 // A bad broker, classic cars that got destroyed in a fire and insurer rating downgrades were among the most widely read news stories in Insurance Journal’s Midwest region in 2017. Broker Gone Bad One story that...
Assignment of Benefits Abuse Tops Florida News for 2017
Dec 29 2017 // Florida’s ongoing battle with assignment of benefits (AOB) claims abuse was not a new topic in 2017, but it was certainly one of the hottest ones for Southeast readers. From threats of insurer ratings downgrades...
Top Insurance Journal South Central Stories of 2017
Dec 29 2017 // Among the most read news stories in Insurance Journal’s South Central region during 2017 concerned Hurricane Harvey and Texas hailstorm (aka natural catastrophe insurance claims) legislation. The insurance industry...
Top Insurance Journal National Stories of 2017
Dec 29 2017 // It wouldn’t feel right to close out the year without looking back at the most popular stories on Insurance Journal during the past 12 months. Here are the national stories that attracted the most readers in 2017,...
Insurers Off The Hook for West Virginia Hole-in-One Tournament Payouts
Dec 29 2017 // A federal appeals court says Gov. Jim Justice’s charity is stuck with almost $200,000 in payouts made to fans at the 2015 Greenbrier Classic tournament after two golfers aced the 18th hole at his resort in southern...
Maryland’s Chesapeake Employers’ Insurance Company Hires Quinn
Dec 28 2017 // Chesapeake Employers’ Insurance Company, a Towson, Md.-based workers’ compensation specialist, has hired Danielle Quinn as a pharmacist case manager. In this role, Quinn is responsible for managing the Pharmacy...
Lawyer Hit by Garbage Can to Get $2.1 Million from Insurers for Des Moines
Dec 28 2017 // Insurers for the city of Des Moines paid $2.1 million to a lawyer who alleged he suffered head injuries when he was hit by a falling garbage can. The city released a copy of its November settlement with Jaysen McCleary in...
New Product Uses Blockchain to Show Proof of Insurance
Dec 27 2017 // The Institutes’ work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to production and is already...
Insurance Companies Sue Kodiak Electric in Alaska Over Fire Damage
Dec 22 2017 // Two insurance companies filed a lawsuit against the Kodiak Electric Association in Alaska claiming it was responsible for a fire that caused damage to clients’ property. Lexington Insurance Co. and Alaska Municipal...
What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry
Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years. Under the legislation, insurers, agencies and other businesses organized as C...
