Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
$1B Bond Sale to Bolster Florida’s Citizens ‘Just In Case’
Apr 16 2015 // Florida hasn’t been hit by a hurricane since 2005, the longest stretch in more than a century. Its state-run property insurer isn’t taking any chances. Even though forecasters predict this year will produce the...
IRS Names Microcaptives as Top Abusive Tax Scheme
Apr 15 2015 // The IRS is growing increasingly uncomfortable that an increasing number of smaller companies and professional firms have been doing what larger companies do — creating their own or joining a captive insurer. The IRS...
Video Ads Next Big Thing in Ridesharing?
Apr 14 2015 // James Bellefeuille is an Uber driver for a living, though he admits that what he earns is not much to live on. Yet in the new sharing economy, there’s hope for people like Bellefeuille who can bring some innovation...
Hot Insurance Markets for 2015
Apr 14 2015 // This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined...
Nonstandard Auto Insurance Market Is Not For Everybody
Apr 13 2015 // The nonstandard auto market is not for every carrier or agency. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many have struggled to maintain market share. But...
Best: Indonesia Insurers’ Reinsurance Buying Habits Could Affect Capital Ratios
Apr 10 2015 // The purchase of reinsurance by Indonesian non-life insurers is high, which could have a significant effect on capital requirements and magnify the capital impact of changes to reinsurance asset quality, according to anA.M....
Nautilus Insurance Enhances Its Cyber Coverage
Apr 10 2015 // Coverage offered as a General Liability sublimit Scottsdale, AZ, April 10, 2015- Nautilus Insurance, which writes on behalf of Nautilus Insurance Company and Great Divide Insurance Company, member companies of W. R....
Minnesota Supreme Court: Medical Liability Insurer Can Withhold Records
Apr 9 2015 // The Minnesota Supreme Court has ruled that an insurer created by the Legislature does not have to make its records public. The decision ends a two-year legal battle between the Star Tribune and the Minnesota Joint...
Insurer Group: Most Midwesterners not Prepared for Natural Disasters
Apr 9 2015 // With more severe thunderstorms and possibly tornadoes in the forecast for portions of the central U.S. today, the Property Casualty Insurers Association of America (PCI) says a recent survey conducted by Harris Poll on...
Bill Cutting Taxes For Insurance Companies Signed by Arizona Governor
Apr 9 2015 // Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law. The tax cut is expected to mean the loss of more than $44 million to state’s general fund over the next 10...
Arizona Law Clarifies Medical Marijuana Insurance Requirements
Apr 9 2015 // Workers’ compensation carriers and self-insurers will not be required to pay for a patient’s medical marijuana under a new bill Gov. Doug Ducey signed into law. The state’s more than 63,000 holders of...
Insurers Tracking Fitness: Too Accurate for Comfort?
Apr 9 2015 // Someday soon, Big Brother may be watching you. Only his name will be “John Hancock.” The insurer is rolling out a program in the U.S. similar to ones already deployed in other parts of the world, where your...
Hastings Weighs IPO as U.K. Car Insurer Gains Market Share
Apr 9 2015 // Hastings Insurance Group increased its customer base by 20 percent in 2014, boosting profitability and setting the U.K. car insurer on track for a potential initial public offering this year. Hastings, which generates 90...
Feds Seek Unified Approach with Insurers to Cyber Threats
Apr 9 2015 // The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director Michael McRaith assured...
Insurers AIG, USAA Receive OK to Test Use of Drones
Apr 8 2015 // Two more insurers have received approval to test the use of unmanned aerial vehicles (UAVs), or drones, for their business. The Federal Aviation Administration (FAA) has approved requests from USAA and American...
A.M. Best: Insurers Must Consider Risks of U.K. Exit From European Union
Apr 8 2015 // Insurers based in the United Kingdom underwriting a material amount of European business should be monitoring the potential consequences of the United Kingdom exiting or renegotiating its position within the European Union...
How Analytics Technology Can Help Speed Integration Post-Merger Deal
Apr 7 2015 // The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and...
Solvency II Staggers Towards Finish Line: a Retrospective Analysis
Apr 7 2015 // It’s been a long process, but, according to Paul Fisher, deputy head of the Bank of England’s Prudential Regulation Authority (PRA), who supervises insurance and regulatory risk, the introduction of the...
Bermuda Re/Insurers Post Strong 2014 Global Underwriting Results: ABIR
Apr 6 2015 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2014 global underwriting results for its member (re)insurers, with 19 of 21 member (re)insurers participating in the survey. The ABIR said:...
AXA: Tighter Capital Rules on Too-Big-to-Fail Insurers May Threaten Recovery
Apr 6 2015 // AXA SA, France’s biggest insurer, said plans to impose tighter capital rules on too-big-to-fail insurers will pose a new hurdle to European growth and do little to bolster financial stability. Insurance companies...
