Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Health Insurers Will Get August Obamacare Payments Trump Threatened to End
Aug 20 2017 // The government will make this month’s payments to insurers under the Obama-era health care law that President Donald Trump still wants to repeal and replace, a White House official said Wednesday. Trump has...
Industrial Insurer HDI Global Forms Excess Surplus Lines Carrier
Aug 18 2017 // Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new platform will “bring European expertise and solutions” to the alternative...
5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It
Aug 18 2017 // Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the...
Report: Written Premiums for California Comp Insurers to be Flat Through 2017
Aug 17 2017 // Written premiums from workers’ compensation insurers in California for the year are expected to be flat at $18.1 billion compared with 2016 thanks largely to rate decreases, according to analysts with the...
Maryland’s Frederick Mutual Insurance Company Promotes Pelletier
Aug 17 2017 // Frederick Mutual Insurance Company (FMIC), a Frederick, Md.-based provider of insurance coverage for homeowners and businesses, has promoted Bob Pelletier from assistant vice president and claim manager to vice president...
Making the Adjustment
Aug 16 2017 // This post is part of a series sponsored by CoreLogic. The Modern Age of Desk Adjusting for the Insurance Industry Deploying adjusters to the field is a large overhead cost for insurance companies. Incoming claims vary in...
Obamacare Individual Premiums Would Rise 20% Without Insurer Subsidies: CBO
Aug 16 2017 // Health insurance premiums for many customers on the Obamacare individual insurance markets would be 20 percent higher in 2018 if U.S. President Donald Trump follows through on a threat to stop billions of dollars of...
Penn. Commissioner Miller: Individual Market Instability Will Raise Costs
Aug 15 2017 // Pennsylvania Insurance Commissioner Teresa Miller issued a letter to federal Department of Health and Human Services Secretary Tom Price detailing the urgent need for stability in the individual health insurance market as...
Why and How P/C Insurance Carriers Should Work with Insurtechs
Aug 15 2017 // Startup insurtechs need partnerships more than they need money from insurance carriers, according to one leading venture capitalist actively funding insurance technology firms. Venture firm XL Innovate’s Martha...
What Agents Want from Carriers in 2022: Survey
Aug 14 2017 // Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite...
Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership
Aug 10 2017 // When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it...
Wal-Mart, Liberty Mutual Insurers Settle Over Tracy Morgan Crash
Aug 8 2017 // Wal-Mart Stores Inc. has settled a lawsuit by two insurers that sought to avoid covering its multimillion-dollar payout to comedian Tracy Morgan for injuries he suffered in a 2014 crash involving one of the...
Normandy Insurance Company Now Writing Workers’ Comp in Pennsylvania
Aug 7 2017 // Normandy Insurance Company, a Deerfield Beach, Fla.-based workers’ compensation carrier, is now offering coverage plans to small, mid-size and large businesses in Pennsylvania. This marks the third major expansion by...
Travelers Completes Purchase of UK Small Business Insurer, Simply Business
Aug 7 2017 // The Travelers Cos. has completed its previously announced acquisition of Simply Business, a provider of small business insurance cover in the United Kingdom, which offers products online on behalf of a broad panel of...
Judge: Insurer Off the Hook for Payment in Ohio Arson Case
Aug 7 2017 // A judge has ruled that an insurance company doesn’t have to pay an Ohio man accused of burning down his house. The ruling came on July 14 in southwest Ohio’s Butler County in a civil lawsuit filed by the...
How to Catch Commercial Auto Use Fraud
Aug 7 2017 // Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who...
‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers
Aug 7 2017 // Insurance is a very simple business. “You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day,” according to Anthony (Tony) Markel, vice...
How Insurers Can Tap into New Revenue Streams by Using ‘Data Exhaust’
Aug 7 2017 // The chief executive officer of Quandl is on a mission to let insurance companies know that their data is valuable and professional investors will pay them for it. But a lot of insurers are oblivious to that...
Insurers Respond to Rising Claims Abuse
Aug 7 2017 // Whenever severe weather strikes and there is property damage, insurers are among the first responders to help throughout the recovery process. However, in too many cases, some shady contractors, public adjusters and...
California Commissioner Counters AGs, Other Commissioners over Climate Initiative
Aug 7 2017 // California Insurance Commissioner Dave Jones fired off a letter to the 12 oil state attorneys general and one governor from states like Texas and Oklahoma over threats to sue him if he did not stop his Climate Risk Carbon...
