Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
New Carrier Reporting Requirements on Investments, Liquidity, SC DOI Says
Jul 1 2025 // South Carolina’s Department of Insurance is reminding carriers that it may soon give extra scrutiny to liquidity and capital as well as investments in subsidiaries’ securities, thanks to a law approved by state...
China Enlists Commercial Insurers in Bid to Boost Local Biotechs
Jul 1 2025 // China wants commercial insurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning biotech and pharmaceutical sector. Commercial insurers have been encouraged...
‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan
Jun 30 2025 // One of the giant Generali signs that crown the Italian insurer’s head offices in Milan collapsed on Monday, remaining atop the 170 meter-high (558 ft) skyscraper but at risk of crashing to the ground, firefighters...
Two More Insurers Enter Florida Market as Hurricane Season Warms Up
Jun 30 2025 // Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims...
Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report
Jun 26 2025 // Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In...
Insurers Have New Opportunity in Secondary Perils, Swiss Re Says
Jun 24 2025 // Being able to predict the environmental risks that follow a major natural disaster represents an untapped business opportunity for the insurance sector, according to the head of reinsurance firm Swiss Re AG’s China...
Father, Two Sons Charged With Defrauding North Carolina Insurer of Last Resort
Jun 23 2025 // North Carolina authorities have charged a 65-year-old man and his two sons with insurance fraud for allegedly submitting false and exaggerated claims to one of the state’s property insurers of last resort. William...
Insurer Aflac Investigating Possible Data Breach
Jun 20 2025 // Health and life insurer Aflac on Friday said it is investigating a breach on its U.S. network that may have exposed customers’ personal information, making it the latest insurance provider to be targeted in a...
Toyota’s Japanese Insurer Files $361 Million South Africa Claim
Jun 20 2025 // A 6.5 billion rand ($361 million) lawsuit has been lodged in a South African court by a Japanese insurance company for a claim arising from flood damages suffered in 2022 by Toyota Motors Corp.’s plant near...
Alabama DOI Encourages Insurers to Use More Than Drones in Nonrenewals
Jun 19 2025 // Alabama’s insurance commissioner this week urged property insurers to be judicious in the use of drones and aerial imagery in making nonrenewal decisions, but stopped short of issuing new regulations. “If an...
Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade
Jun 19 2025 // Brookfield Corp.’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields down. Brookfield Wealth Solutions started to reduce its allocation to private...
Parametric Insurer Descartes Receives Investment From Battery Ventures
Jun 18 2025 // Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm. Financial details of the investment...
Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson
Jun 18 2025 // Finland’s Sampo Oyj appointed Morten Thorsrud to succeed retiring Torbjorn Magnusson as chief executive officer, in a sign of continuity at the helm of the property and casualty insurer. Thorsrud, who currently runs...
Louisiana Governor Vetoes Bill Limiting Bad Faith Lawsuits Against Insurers
Jun 17 2025 // Louisiana Governor Jeff Landry vetoed a bill last week that would have limited bad faith lawsuits against insurers, a move that raised criticism from the insurance industry. SB 111, sponsored by Sen. Alan Seabaugh, R-Many,...
Carrier Management to Host ‘Demo Day’ for Homeowners Insurers June 18
Jun 16 2025 // Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The latest online event offers...
Connecticut Hopes to Curb Auto Claims Arbitration by Shifting Cost to Insurers
Jun 16 2025 // Connecticut lawmakers have passed a measure to shift the cost of auto insurance arbitration hearings between claimants and insurers over damage claims to the insurance industry. Currently the department of insurance...
Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says
Jun 16 2025 // The future of underwriting will be built on closer relationships between carriers and insurance agents, with carriers working hand-in-hand with agencies to maximize profits from books of business. That was the word from...
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
Jun 16 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
Insurer USAA Expands Presence in Virginia With Purchase of Building
Jun 13 2025 // Insurer USAA, which serves military veterans and their families, has purchased a new, larger office space in Chesapeake, Virginia to accommodate its expanding membership and workforce. Through the expansion, USAA said it...
European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk
Jun 13 2025 // When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of fissures has spread from...
