Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Healthy Feedback
Oct 5 2009 // An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to...
Agency Co-branding: How to Work in Tandem with Carriers and Others
Oct 5 2009 // One of the most effective ways for an agency to build its book of business is through a co-branded marketing campaign with one of its carriers, a vendor that provides a unique service or even another agency with...
Healthy Feedback
Oct 5 2009 // An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to...
Florida Home Insurers Losing Money; Will State Farm Stay?
Oct 5 2009 // Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up. Also, the state’s largest private home insurer, State...
Report: FEMA Overpays Private Insurers for Handling Flood Insurance
Oct 5 2009 // The federal government is overpaying private insurance companies that manage flood insurance policies by as much as 16.5 percent, according to a new government report. To just six of the 87 participating carriers, the...
Healthy Feedback
Oct 5 2009 // An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to...
10 Insurers Hit Century Mark
Oct 5 2009 // The National Association of Mutual Insurance Companies has welcomed 10 new members into its Century Club, recognizing them for serving policyholders for 100 years. With the addition of the 2009 class, the Century Club has...
Poizner Urges No Iranian Investments by Insurers
Oct 5 2009 // Just days ahead of Iranian President Mahmoud Ahmadinejad’s recent address to the United Nations in New York, California Insurance Commissioner Steve Poizner encouraged his fellow state insurance commissioners to...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
House Panel Releases Bill Creating Federal Insurance Office
Oct 2 2009 // Congress got a look yesterday at a draft of legislation to create a federal insurance office that would work on international insurance issues as well as monitor the insurance industry and insurers for anything that might...
Insurers Pay $700K to Settle Case over Massachusetts Coach’s Fatal Illness
Oct 2 2009 // A nearly $700,000 agreement between the family of late Holy Cross football coach Dan Allen and two insurers for the contractor the family alleges contributed to his fatal illness has been approved by a federal judge in...
Minnesota AG Sues 2 Insurers for Alleged Fraudulent Activity
Oct 1 2009 // Minnesota Attorney General Lori Swanson is suing two out-of-state companies for selling allegedly fraudulent health insurance coverage to the uninsured. In an announcement on the AG’s Web site, Swanson said the two...
U.S. Senate Panel Rejects Public Healthcare Option; More Votes Ahead
Sep 30 2009 // A U.S. Senate panel Tuesday rejected a government-run “public” insurance option as part of a broad healthcare overhaul, handing insurers an early victory and setting the stage for a long fight over one of the...
California Settles Life Insurer Violations Case
Sep 30 2009 // California State Insurance Commissioner Steve Poizner announced today that the Department of Insurance has reached a $600,000 settlement agreement with Life Insurance Company of North America (“LINA”) to...
West Virginia Workers’ Comp Insurer BrickStreet Free of Debt to State
Sep 30 2009 // BrickStreet Mutual Insurance has remitted its final payment to West Virginia for funds it owes the state for aiding its transition from a state-run organization to a private carrier in 2006. Since the end of June when the...
P/C Insurers’ Technology Spending Up 1.6%
Sep 30 2009 // Planned information technology (IT) spending by property/casualty insurance companies increased 1.6 percent from 2008 to 2009, according to researchers. The planned increase in spending from 2009 to 2010 will only be...
US May Target Insurers, Gasoline Imports in Iran Sanctions Strategy
Sep 30 2009 // The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear...
Insurers Back Away from Washington Flood Area
Sep 30 2009 // Insurance brokers say private companies won’t sell flood insurance in Kent, Renton, Auburn and Tukwila where the Corps of Engineers says Green River flooding is likely this winter. Federal insurance is still...
P/C Industry Net Income Falls Nearly 60% in First-Half 2009
Sep 28 2009 // Private U.S. property/casualty insurers’ net income after taxes fell 59.3 percent to $5.8 billion in first-half 2009 from $14.1 billion in first-half 2008. Insurers’ overall profitability as measured by their...
