Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Personal Auto Insurers Wade Cautiously into Ridesharing Waters
Jan 23 2015 // In recent months, controversy over the potential “uninsured” status of drivers for app-based transportation network companies like Uber and Lyft has finally started to settle down. Those two services —...
Global Insurers, Brokers Establish Micro Insurance Consortium
Jan 23 2015 // A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator...
Legislative Focus for Texas Windstorm Insurer: Funding, Depopulation
Jan 22 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...
Swiss Re CEO Says Infrastructure Investment, Insurers Good Match
Jan 22 2015 // Swiss Re AG Chief Executive Officer Michel Lies called for the creation of a special infrastructure asset class to allow insurers to invest in projects such as roads and bridges. “If you take all the insurance...
California Court Rejects Insurance Challenge to Prop. 103
Jan 21 2015 // The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs...
Chinese Insurers’ Hunt for Trophy Properties Boosts NYC, London Prices
Jan 20 2015 // What do New York’s most famous hotel, the Lloyd’s of London building and the headquarters of the U.K.’s top law firm have in common? They’re all owned by Chinese insurers. This new breed of buyers,...
North Carolina Home Insurers to Appeal Rate Denial
Jan 20 2015 // Insurance companies aren’t giving up on their quest to raise premiumson North Carolina homeowners by an average of 25 percent, according to an industry spokesman. The group representing nearly 100 companies selling...
Glatfelter Healthcare Practice Adds AIG as Carrier, Expands Program
Jan 20 2015 // Glatfelter Healthcare Practice (GHP), an insurance program serving senior living facilities, home health care and other private homecare agencies, has expanded its program coverage with a new carrier, AIG. The package...
Texas Bills Target ‘Named Driver’ Automobile Policies; Disclosure Rules Adopted
Jan 15 2015 // A pair of bills filed in the Texas Legislature would prohibit automobile insurers from issuing “named driver” policies in the state, but one would allow named driver exclusion under certain circumstances, HB...
Attempts Made to Disguise Iranian Oil Near U.A.E., Say Marine Insurers
Jan 15 2015 // Attempts are being made near the United Arab Emirates’ coast to disguise oil from Iran so that it can be sold to countries that are blocked by the U.S. from purchasing such shipments, global ship insurers...
P/C Insurers See Surge in Cyber Insurance, M&A Activity in 2015
Jan 15 2015 // Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and merger and acquisitions (M&A) activity in 2015, according to a new Insurance Information Institute annual...
Michigan Orders Unlicensed Agent, Fictitious Insurer to Stop Selling Insurance
Jan 13 2015 // The Michigan Department of Insurance and Financial Services (DIFS) has ordered Ray Coleman, Midwest Insurance Group and RPM Insurance Group (RPM) to cease and desist from selling, soliciting or negotiating insurance...
North Carolina Insurers Request Mobile Home Rate Changes
Jan 13 2015 // The North Carolina Rate Bureau has filed for mobile homeowners insurance rate changes with the North Carolina Department of Insurance (NCDOI). The N.C. Rate Bureau has requested an average statewide decrease of 0.8 percent...
MetLife to Sue to Overturn Systemically Risky Designation
Jan 13 2015 // MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn a finding that the insurer is systemically important. A complaint will be filed today in...
Illinois’ Joseph M. Wiedemann & Sons Joins Keystone Insurers Group
Jan 12 2015 // Keystone Insurers Group announced its newest franchise partner in Illinois: Joseph M. Wiedemann & Sons, based in Arlington Heights. The firm, which has three offices in the Chicago-East Central Illinois area, is the...
Florida’s Citizens Dealing with ‘Takeout Fatigue’
Jan 12 2015 // Faced with a rising number of consumer complaints, Florida’s state-backed property insurer has announced a series of changes to its takeout program. The news comes as the insurer said it is highly unlikely to need...
North Carolina Home Insurers Weigh Appeal of Rate Denial
Jan 12 2015 // North Carolina property insurers are on hold while the industry-backed rating agency contemplates whether to appeal a decision by regulators denying a proposed 25.3 percent rate increase. The North Carolina Rate Bureau...
Nebraska Court Agrees with Insurer on Denial of Dog Bite Coverage
Jan 12 2015 // A woman who had part of her lower lip bitten off by a dog she was watching for friends has no right to seek payment of medical expenses from the owners’ home insurance company, the Nebraska Supreme Court...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Top 10 Casualty Insurance Trends for 2015
Jan 12 2015 // While casualty insurance rates are stable and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. Following are 10...
