Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Southwest Insurance Partners, Lightyear Delos Acquisition to Merge
Sep 29 2010 // Lightyear Delos Acquisition Corp. (LYDAC) and Southwest Insurance Partners Inc. (SWIP) announced they are merging in a transaction that is expected to close in the fourth quarter of this year. The merged entity will be led...
Ohio Adopts Emergency Rule for Children with Pre-Existing Conditions
Sep 28 2010 // The Ohio Department of Insurance has issued an emergency rule to better protect children under age 19 with pre-existing medical conditions by establishing uniform open enrollment periods in Ohio’s individual market...
Insurers Blast New York Coastal Homeowners Insurance Reform Plan
Sep 27 2010 // Insurers are blasting a proposal by New York regulators to reform the state’s coastal homeowners insurance market, a plan one exec called “a solution in search of a problem.” “The insurance industry...
Mississippi Insurance Chief Pushes Back At Allstate Rate Complaint
Sep 27 2010 // Allstate Insurance alleges that Mississippi’s insurance chief ignored an internal actuarial report that justifies the insurer’s request for a 44 percent rate increase when he denied the bid. But Insurance...
Michigan County Hopes Insurer-Gifted Dog Sniffs Out Arsonists
Sep 27 2010 // With big, liquid brown eyes and a mouth that seemed to stretch into a smile, Gunner has the look of a family pet ready to run after a stick and curl up at the foot of a bed. But while he might still do those things, there...
Texas Workers’ Comp Division Announces August Enforcement Actions
Sep 24 2010 // Texas Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken in August by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC)....
State Regulators Develop Rule on Health Insurers’ Medical Spending
Sep 24 2010 // U.S. health insurers should be able to exclude most federal taxes, but not all, in calculating spending rates to meet new healthcare law requirements, an insurance advisory group has proposed. Under a draft plan released...
Michigan Officials Seek to Force Broker to Remit $1.3M Owed to Insurers
Sep 23 2010 // Michigan insurance officials have gone to court to force a Troy insurance broker to remit $1.3 million in premiums he owes to multiple insurance companies. The Office of Financial and Insurance Regulation (OFIR) has...
ISO Developing Data on Driver Behavior for Use by Insurers
Sep 23 2010 // ISO’s Applied Informatix unit is developing a data source for insurers that want to develop state-of-the-art underwriting and rating plans involving driving behavior or use analytics to differentiate their driving...
Illinois Department of Insurance Highlights Pending Health Reform Changes
Sep 22 2010 // The Illinois Department of Insurance is reminding Illinois families and employers that significant new health insurance benefits and protections become effective Sept. 23, 2010. The changes — a result of the Patient...
Colorado Says Nebraska Insurer Pays $153,000 Fine
Sep 22 2010 // Colorado regulators say World Insurance Co. of Omaha, Neb., has paid a $153,000 fine after it was accused of not providing benefits it promised. The state Division of Insurance said that, among other things, the company...
6 Ways Agents Fail Their Workers’ Compensation Customers
Sep 20 2010 // Agents Can Easily Fall into the Trap of Poor Service and Not Even Know It Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the...
Florida Insurer Blames Exit on Fraud
Sep 20 2010 // With a letter sent out a few weeks ago, Explorer Insurance announced that it will no longer write private automobile policies in Florida because there is too much fraud. “The company is taking this action in light of...
North Carolina Workers’ Compensation Insurers Seek Slight Increase
Sep 20 2010 // North Carolina Insurance Commissioner Wayne Goodwin has received the 2010 workers compensation rate filings from the North Carolina Rate Bureau, the organization that represents the state’s workers compensation...
Insurers Probed Over Major League Baseball Teams’ Financial Data Leak
Sep 20 2010 // The New York Times reported that a Major League Baseball investigation into leaked financial documents is focused on insurance companies that do business with clubs. The Times reported the companies under investigation...
Florida’s Citizens Says Sinkhole Claims Require Rate Hike
Sep 20 2010 // At a hearing before the Florida Office of Insurance Regulation, Citizens Property Insurance Corp. officials blamed sinkholes as the major reason the public insurer needs a rate increase. Testifying at the public hearing in...
Wind Inspectors in Louisiana Say Insurers Vary on Proof for Discounts
Sep 20 2010 // In the entire state of Louisiana, there are only 16 of them, and they want business. They are certified wind inspectors, and for $150 to $200 they say they can knock hundreds of dollars off homeowners’ annual...
6 Ways Agents Fail Their Workers’ Comp Customers
Sep 20 2010 // Agents Can Easily Fall into the Trap of Poor Service and Not Even Know It Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the...
6 Ways Agents Fail Their Workers’ Compensation Customers
Sep 20 2010 // Agents Can Easily Fall into the Trap of Poor Service and Not Even Know It Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the...
The Future for Independent Insurance Agencies
Sep 20 2010 // Proactively Manage Your Future and Be Ready for Change I believe the future of independent insurance agencies is at a tipping point. A number of forces are pushing agencies toward the precipice of major change. A few of...
