Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
California Windshield Repairer Ordered to Pay Insurer $1.4M
Aug 18 2014 // The owner of a Sonoma County windshield repair business accused in a fraudulent billing scheme has been ordered to pay Allstate Insurance and the state of California more than $1.4 million. Court records allege Alkayisi...
Insurer to Participate in Proposed Fund for Failed West Virginia School
Aug 15 2014 // Former Mountain State University students who sued the now-defunct Beckley, West Virginia school would be entitled to compensation under a tentative settlement announced this week. The proposed settlement announced by...
Lawsky: Regulators’ Stance on Life Insurers’ Captives Leaves Gaping Problem
Aug 14 2014 // New York’s financial-services regulator told fellow watchdogs they are failing to address a “gaping regulatory problem” that he said allows life insurers to artificially inflate reserves. There should be...
Indiana-Based Insurer WellPoint to Change Name to Anthem
Aug 14 2014 // WellPoint, one of the biggest players on the health care overhaul’s new insurance exchanges, wants to switch its corporate name back to the Anthem brand its customers know by the end of this year. The nation’s...
Mass. DOI Providing Claims Assistance to Revere Tornado Victims
Aug 14 2014 // The Massachusetts Division of Insurance (DOI) announced this week its staff will be providing ongoing assistance for Revere residents and business owners who have open claims or other concerns related to the July 28th...
AIG’s 13-Year Wait Gets Longer as Modi Rebuffed: Corporate India
Aug 14 2014 // American International Group Inc. has waited 13 years in India to raise its stake in a local venture from a maximum allowed 26 percent. That wait is about to get longer. Opposition lawmakers, during the current session of...
Former Employee of Ohio Insurer Charged with Embezzling $2.9M
Aug 13 2014 // A former longtime employee of Ohio’s biggest health insurance company has been charged in federal court in Cleveland with embezzlement for diverting nearly $3 million in phony payments that he deposited into his own...
Vermont Family in Bed Bug Case Sues Homeowners Insurer
Aug 12 2014 // A Vermont couple who reached a $450,000 settlement with the state after saying their home was made uninhabitable when it was sprayed for bed bugs with a banned pesticide is now suing their insurance company. Neil and...
California Windshield Repairer Ordered To Pay Insurer $1.4M
Aug 11 2014 // The owner of a Sonoma County windshield repair business accused in a fraudulent billing scheme has been ordered to pay Allstate Insurance and the state of California more than $1.4 million. The Santa Rosa Press Democrat...
Small Businesses to Commercial Insurers: ‘You’ve Lost That Loving Feeling’
Aug 11 2014 // Insurers writing predominantly personal lines of insurance do a better job in satisfying their small business customers than insurers focused more on commercial lines, a new survey contends. According to the J.D. Power...
Fla Citizens’ Business Travel Saves Florida Money
Aug 8 2014 // A recent article by the Palm Beach Post blasting Citizens Property Insurance Corp. executives for traveling overseas casts a negative image onto the state-owned and operated insurer. However, what the article fails to...
Nightclub Insurer Founder to Remain in Custody in Maryland
Aug 8 2014 // A federal judge says a Maryland businessman will remain in custody pending trial on charges of lying to Delaware insurance regulators. Jeffrey Cohen is the founder and former CEO of Indemnity Insurance Corp., which...
Florida Health Insurers File 2015 Rates
Aug 6 2014 // Eight insurance companies are raising the price of health plans and three are lowering them in Florida through the Affordable Care Act exchange, state insurance officials said this week. But whether some will pay more or...
TSC Advantage Enhances Cyber Assessment Technology for Insurers
Aug 5 2014 // TSC Advantage, an enterprise risk consultancy, has enhanced its cyber risk assessment Threat Vector Manager (TVM) technology for commercial organizations, critical infrastructure and the public sector. In addition, through...
Crop Insurer to Reimburse Some North Dakota Policyholders
Aug 5 2014 // A crop insurer has reached an agreement with North Dakota insurance regulators under which it will return a portion of premiums to some crop/hail insurance policyholders. North Dakota Insurance Commissioner Adam Hamm...
Illinois Becomes Third State to Provide Online Access to Insurer Filings
Aug 5 2014 // The Illinois Department of Insurance (DOI) is now providing online access for consumers to view insurance company records. Insurance product filings, such as rates and forms, filed with DOI are now available to the public...
ProMutual Completes Acquisition of Medical Malpractice Insurer PPIC
Aug 4 2014 // Boston-based Medical Professional Mutual Insurance Co. (ProMutual), a Coverys company, said it has finalized the previously-announced acquisition of Preferred Professional Insurance Co. (PPIC), located in Omaha,...
Guardian Life Acquires Dental Insurer Premier Access
Aug 4 2014 // The Guardian Life Insurance Company of America said it has completed its previously announced acquisition of Sacramento, Calif.-based Premier Access Insurance Co., a provider of dental coverage serving more than 5,000...
Insurer Settles Alabama Sheriff’s Assault Case for $625K
Aug 4 2014 // The Madison County Sheriff’s Department has reached a settlement with a Tennessee man who said he was beaten by several deputies and wrongfully arrested after an argument at a bar. Attorney Hank Sherrod said that he...
Wisconsin Man, Insurer Settle Over Wrongful Arson Conviction
Aug 4 2014 // A Friendship, Wis., man who spent almost three years in prison after being wrongfully convicted of arson has reached an undisclosed settlement with his insurance company. Joseph Awe was convicted of burning down a bar he...
