Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Fitch: Profits Decline for Most U.S. P/C Insurers in First-Half of 2010
Aug 26 2010 // First-half 2010 operating profits declined for most publicly traded property/casualty insurance companies that Fitch Rating follows, according to a new report. However, the $16.2 billion of aggregate net earnings reported...
6 Ways Agents Fail Their Workers’ Comp Customers
Aug 25 2010 // Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” But it doesn’t take a master angler to know that once you...
Florida Solicits Sinkhole Data from Insurers
Aug 25 2010 // Florida’s Office of Insurance Regulation issued a data call yesterday to the commercial and residential property insurance industry in Florida to collect claims data related to sinkholes. During the 2010 Legislative...
Church Fraud Hurts Both Congregation and Insurers
Aug 24 2010 // Church music director Carva White faced the music after launching an unholy plan to burn down his house of worship for an insurance payout. White played hymns for the Sunflower Missionary Baptist Church in Leavenworth,...
Indiana’s Ritchie Insurance Joins Keystone Insurers Group
Aug 24 2010 // Muncie, Indiana-based Ritchie Insurance agency has joined Pennsylvania Keystone Insurers Group, brings Keystons’ franchise total in Indiana to 26 agencies. Ritchie, formed in 1937, is a full-service agency owned by...
Florida Insurance Department to Survey on Sinkholes
Aug 23 2010 // Starting this month, the Florida Office of Insurance Regulation is going to begin surveying Florida property insurers about their experience with sinkhole claims, in an effort to get to the bottom of the simmering...
Venezuela to Nationalize La Previsora Insurance Company
Aug 19 2010 // Venezuela’s parliament voted Wednesday to nationalize one of the country’s main insurance companies, Seguros La Previsora, which was shut by the authorities in December on suspicion of illegal activities. The...
Missouri Consumers Better Protected Against Insolvent Insurers
Aug 18 2010 // Financially strapped insurance companies in Missouri will soon face tighter oversight, thanks to a new law signed by Gov. Jay Nixon. Senate Bill 583, which takes effect Aug. 28, spells out the specific standards the...
Colorado Medical Malpractice Insurer Fined $48,400
Aug 16 2010 // Colorado’s Department of Regulatory Agencies Division of Insurance has fined Denver-based COPIC, one of the state’s largest medical professional liability insurers, following a market conduct...
North Carolina Health Insurer Cuts Jobs
Aug 16 2010 // North Carolina’s largest health insurer says it plans to lay off about 90 people as part of cost-cutting moves to prepare for the new federal health care law. The News & Observer reports Friday that Blue Cross...
How to Maximize Your Book with Personal Umbrellas
Aug 16 2010 // Plus 5 Simple Steps to Follow When Writing Coverage Do your insureds live in a house? Do they drive? Do they entertain? Do they have boats, motorcycles or other toys? Do they have rental property? Of course they do and...
Agency Marketing Must Move Online and Beyond Yellow Pages
Aug 16 2010 // Insurance agents could be more effective with their marketing efforts by incorporating online tools into their advertising strategy. After all, online resources often are free — and they’re a good way to build...
Why Carriers’ Producer Bulletins Are Like Greyhound Buses
Aug 16 2010 // Communications from carriers are crucial to an agency’s business. Through producer bulletins, carriers describe changes, policy updates, and other business matters. Yet producer bulletins are the Greyhound buses of...
Massachusetts Agents Score Policy Ownership Victory
Aug 16 2010 // Massachusetts insurance agents scored a victory as the state’s governor signed a new law allowing them to keep their rights to clients’ expiring auto policies – a move sought by agents since the...
Insurers’ Plans for Oil Industry Sought
Aug 16 2010 // In the wake of the BP oil disaster, more than 50 U.S. and other environmentally active global investors sent letters to major energy companies asking them to disclose information on their spill prevention and response...
How to Maximize Your Book with Personal Umbrellas Plus 5 Steps to Follow When Writing Coverage
Aug 16 2010 // Do your insureds live in a house? Do they drive? Do they entertain? Do they have boats, motorcycles or other toys? Do they have rental property? Of course they do and because of that, they’re at risk. So why...
Why Carriers’ Producer Bulletins Are Like Greyhound Buses
Aug 16 2010 // What Agents Should Expect in Bulletins from Their Companies Communications from carriers are crucial to an agency’s business. Through producer bulletins, carriers describe changes, policy updates, and other business...
Agency Marketing Must Move Online and Beyond
Aug 16 2010 // Insurance agents could be more effective with their marketing efforts by incorporating online tools into their advertising strategy. After all, online resources often are free – and they’re a good way to build...
Weather Experts Discuss Why Insurers, Others Need Better Warning Systems
Aug 13 2010 // Asia’s heavy monsoons, a record heatwave in Russia and severe droughts in Africa show the need for new yardsticks to rate extreme weather to guide everybody from road builders to insurance companies, a U.N. expert...
China Loosens Restrictions on Insurance Investments
Aug 12 2010 // China modified rules to allow insurance companies to invest as much as three times the previous limit in overseas capital markets, part of a broader reform designed to give them more investment options. The move is seen...
