Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Tianjin Blast, Fires Initial Insured Loss Estimates at $1.0 to $1.5 Billion
Aug 17 2015 // Two explosions in the Chinese port of Tianjin that killed more than 100 people last week could generate total insurance losses of $1 billion to $1.5 billion, Credit Suisse analysts said, citing initial estimates based on...
101 Sales, Marketing & Management Ideas
Aug 17 2015 // Fellow agents, Insurance Journal readers, experts, educators, marketing professionals, along with Theodore Roosevelt, Steve Jobs, Zig Ziglar, CNBC’s Kelly Evans, Harvard Business Review and Fortune magazine have been...
Court Decision May Impact Workers’ Comp Side Agreements in California
Aug 17 2015 // A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar. Zurich...
Missouri Fines Health Insurer Cigna for Various Violations
Aug 14 2015 // The Missouri Department of Insurance has fined Cigna subsidiaries $140,800 for using unapproved forms, incorrectly denying chiropractic claims, charging copayments of more than 50 percent and failing to send an explanation...
Missouri Agency Hawkins-Harrison Joins Keystone Insurers Group
Aug 14 2015 // Edina, Mo.-based insurance agency, Hawkins-Harrison, has joined Keystone Insurers Group as its latest franchise partner in Missouri. Hawkins-Harrison was established in 1956 and quickly expanded into selling all lines of...
DMV Agrees to California Brokers Group’s Revisions
Aug 14 2015 // The California Department of Motor Vehicles has agreed to make major revisions proposed by the Independent Agents & Brokers of California to its commercial requester agreement that will permit agents and brokers to...
ISO Offers Insurers New Roof Rating Tool
Aug 14 2015 // Verisk Insurance Solutions has introduced new rating tools and coverage options through its ISO business to help insurers address the quality and age of roof materials. The newly developed rating factors are designed to...
Insurers Look to Cyber, M&A Coverage as Prices Decline for 9th Quarter: Marsh
Aug 14 2015 // Commercial insurance rates continued their global decline in the 2015 second quarter, a trend driven by a continued abundance of global capacity and a lack of large insured loss activity, Marsh said in its latest Global...
Blue Cross Seeks 34% Rate Hike in North Carolina for ACA Plans
Aug 13 2015 // North Carolina’s largest health insurer says higher-than-anticipated costs after two years of selling federally subsidized coverage has forced it to seek premium increases even greater than it thought would be...
Switzerland Is 1st Nation to Lift Iran Sanctions; Re/Insurer Policies Affected
Aug 13 2015 // Switzerland is lifting sanctions against Iran after the Gulf state sealed a historic accord with world powers to curb its nuclear program. The move on Wednesday made it the first nation to remove sanctions since the July...
UK Regulator Toughens Rules to Hold Insurers’ Execs Responsible for Failures
Aug 13 2015 // UK insurers face tougher conduct rules as the Financial Conduct Authority makes it easier to hold individuals at financial firms to account for failures on their watch. The FCA issued final rules on Thursday amending its...
Florida Approves Removal of Up to 280,857 Policies From Citizens
Aug 12 2015 // The Florida Office of Insurance Regulation announced today that it has approved the removal of up to 279,357 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance...
A.M. Best: Sanctions Removal to Attract Re/Insurers to Iranian Market
Aug 12 2015 // The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA) re/insurance market, with European participants also expected to re-engage and seek a...
AIG, Other Insurers Avoid Offering Cover for Tax Risks in Indian M&As
Aug 11 2015 // Prime Minister Narendra Modi needs to offer much more than just his best intentions to clean up India’s whimsical tax regime to help convince insurers. Companies from Allianz SE to American International Group Inc....
Attorney: Hail Claims ‘Cottage Industry’ Bad News for Texas
Aug 10 2015 // The rise of rampant claims litigation against property insurers following hailstorms in Texas has created a “cottage industry” that not only threatens the financial health of the state’s property...
Court Decision May Impact Workers’ Comp Side Agreements in California
Aug 7 2015 // A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar. Zurich...
Europe’s ABS Market Promotion Hinges on Easing Insurers’ Capital Requirements
Aug 6 2015 // Europe’s push to promote asset-backed securities (ABS) hinges on persuading insurers to buy the debt by easing capital requirements, investors and analysts said. European Union and global regulators recently proposed...
Florida Updates Neutral Evaluation Rules for Sinkhole Claim Disputes
Aug 6 2015 // Powered by InsuranceJournal.tv New rules changing the way disputed sinkhole claims are handled in Florida as part of the state’s Sinkhole Neutral Evaluation Program have been approved and took effect July 27. The...
AIG Focuses on Integrating Japan Businesses, Rather Than Additional M&As
Aug 5 2015 // American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating businesses in Japan. The timetable for merging AIU with Fuji Fire & Marine...
Texas Seeks Comment on Rules for Changes to Windstorm Insurer
Aug 4 2015 // The Texas Department of Insurance is seeking public comment on drafts of rules for implementing legislation that alters funding mechanisms for the state’s property insurer of last resort for wind and hail along the...
