Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Home Insurers in Georgia Want to Hike Rates
Sep 19 2011 // A year after most Georgia insurers increased homeowners premiums by 9 to 23 percent, a new wave of increase requests is pending. State Farm, Georgia’s largest writer of homeowners policies, is seeking a 7 percent...
Customer Satisfaction with Home Insurers Improves, Says J.D. Powers
Sep 19 2011 // Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. Overall satisfaction with homeowners insurance companies averages 769 in 2011 —...
Insurers Try to Revive 9/11 Suit Against Saudis
Sep 19 2011 // Insurers that paid out millions after the Sept. 11 terrorist attacks are trying to revive a lawsuit that accuses Saudi Arabia of funneling money to al-Qaida. A U.S. appeals court in New York had ruled in 2008 that the...
New Insurance Laws Go Into Effect in Missouri
Sep 16 2011 // Missouri homeowners hit by damaging storms now have stronger protections in place under two new state laws that recently went into effect, insurance regulators announced. The laws allow insurance companies to better serve...
Alteris Buys Winery Insurer S.N. Potter
Sep 15 2011 // Alteris Inc., a services provider for the managing general agency community, has acquired the operating assets of winery insurance specialist Lodi, Calif.-based S.N. Potter Insurance Agency Inc. The acquisition of the...
Florida’s Citizens Faces Critics at Public Hearing Over Sinkhole Rates
Sep 14 2011 // Florida homeowners came by the hundreds in cars and buses to speak out against the state-backed property insurer’s plan to increase sinkhole rates by an average 429 percent. At an unprecedented public hearing in...
Keystone Insurers Adds New Partner in Tennessee
Sep 12 2011 // Holman & Holman Agency of Springfield, Tenn., has become Keystone Insurers Group’s eighth franchise partner in Tennessee, bringing the total franchise count to 223 across the seven states in which Keystone...
Judge Orders Insurers to Pay in Delaware Diocese Bankruptcy
Sep 12 2011 // A Delaware bankruptcy judge on Friday ordered insurance companies to pay their share of a settlement with priest sex abuse victims that is the foundation of the Catholic Diocese of Wilmington’s reorganization plan,...
Insurer Asks Court to Move Ahead with Mississippi Judicial Bribery Case
Sep 12 2011 // A federal judge plans to talk with attorneys this month about how to move forward with a seven-year-old lawsuit linked to a corruption case that sent one of Mississippi’s most prominent lawyers and two former judges...
Oklahoma Seeks Waiver on Health Care Insurance MLR Requirement
Sep 9 2011 // Oklahoma Insurance Commissioner John Doak is seeking a waiver on a major provision of the federal Patient Protection and Affordable Care Act. Doak requested an adjustment from the U.S. Department of Health and Human...
Argo Group’s Fine Arts Title Underwriter in Partnerships with Art Insurers
Sep 8 2011 // Argo Group International Holdings, Ltd. announced that its subsidiary, ARIS Title Insurance Corporation, the world’s first underwriter of title insurance for fine art and other precious collectibles, has launched...
Best Affirms Donegal Insurance Group & Members, Michigan Ins., Donegal Group
Sep 8 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of ‘a’ of Donegal Insurance Group, its members and Michigan Insurance Company. Best...
Insurers in Delaware Diocese Bankruptcy Balk at $15 Million Payout
Sep 8 2011 // A dispute over insurance payments is threatening to blow up the Catholic Diocese of Wilmington’s bankruptcy reorganization plan. Under the plan, the diocese, its parishes and affiliated entities, would be released...
Best Report Concludes Canada’s Insurers Improve, But Risk Profile Rises
Sep 8 2011 // A report from A.M. Best concludes that the Canadian insurance industry “continued to improve in 2010, exhibiting strong capitalization and favorable overall profitability, aided by Canada’s relatively strong...
Irene Raises Hurricane Deductible Questions in Hard-Hit Northeast States
Sep 7 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
Connecticut Asks Insurers to Waive Storm Deductibles for Irene Damages
Sep 6 2011 // Connecticut is negotiating with several insurance companies to waive hurricane policy deductibles for coastal homeowners whose properties were damaged or destroyed by Tropical Storm Irene, Gov. Dannel P. Malloy...
UK’s Justice Action Group Rebuts ABI’s Stance on Personal Injury Claims
Sep 6 2011 // The Access to Justice Action Group (AJAG) responded swiftly to the study and the bulletin published by the Association of British Insurers and a coalition of UK business groups, seeking to amend Britain’s personal...
British Insurers, Business Heavyweights Support UK Legal Reform Bill
Sep 6 2011 // A number of British retailers and business groups have joined forces with the Association of British Insurers (ABI) in support of an omnibus bill, introduced in Parliament in July. The legislation, entitled the...
Stability in the Affluent Market Shows Promise for Brokers, Insurers
Sep 5 2011 // The high net worth insurance market remains a stable market for agents and the insurers specializing in this exclusive class. “From a market opportunity perspective we are seeing a market that continues to be fairly...
First Responder Fees Claims Becoming Routine for Insurers
Sep 5 2011 // While fee recovery by fire departments is nothing new, an increasing number of local municipalities have begun to charge for first responder, primarily fire department, services. Though the types of fees and rates vary...
