Latest Carriers Headlines

All the headlines from our Carriers Topic Page, ordered by recency.

6 Steps to Take Before the Soft Market Hardens

Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...

6 Steps to Take Before the Soft Market Hardens

Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...

6 Steps to Take Before the Soft Market Hardens

Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...

Regulators: AIG Not Using Bailout Funds to Under-Price Insurance

Apr 6 2009 // Despite some complaints by competitors, American International Group (AIG) does not appear to be using federal bailout funds to lower its insurance prices to keep and attract business, state and federal officials told a...

6 Steps to Take Before the Soft Market Hardens

Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...

Liaisons Highlight Consumer Insurance Concerns

Apr 6 2009 // Consumer Advocates Focus on How Insurers Treat Insureds in Difficult Economic, Credit Climate Insurance agents, brokers and regulators should be aware that when it comes to insurance, consumers are concerned with such...

6 Steps to Take Before the Soft Market Hardens

Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...

D&O Insurance for Early-Stage Venture-Backed Firms:

Apr 6 2009 // Carriers Scrutinizing More, But Hungry for Business Even for established companies with proven track records, the current directors and officers (D&O) insurance market is challenging. For early-stage companies,...

What’s So Special About Special Event Insurance?

Apr 6 2009 // The pitfalls of not placing special-event coverage, when it’s truly needed and available, can result in catastrophic losses to your insured, and possibly even damage the credibility of your agency and errors and...

An Awakened Washington Promises More Stress for Directors & Officers

Apr 6 2009 // Corporate Leaders Brace For Fallout From Heightened Regulation, Even Corrupt Foreign Practices Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market...

Study: Agency Satisfaction Linked to Amount of Business Sent to Insurers

Apr 6 2009 // When it comes to an agency’s satisfaction with its personal lines insurance companies, commissions do not rank as tops. Nor do commissions rank second. In fact, out of six satisfaction factors, compensation from an...

Agents to Rate Regional Carriers in New Insurance Journal Sponsored Research

Apr 2 2009 // Channel Harvest Research and Insurance Journal have announced a major new study in the Independent Agency System, to be fielded in April, that will probe agents’ attitudes toward carrier relationships and the...

Massachusetts AG, Insurer Reach Settlement on Policy Plans

Apr 2 2009 // Massachusetts Attorney General Martha Coakley and a North Carolina insurance company have reached a settlement barring the company from using what Coakley described as unfair ratings practices. Occidental Fire and Casualty...

Keystone Insurers Group Realigns Top Management

Apr 2 2009 // Northumberland, Pennsylvania-based Keystone Insurers Group has hired five new executives and restructured its top management team in a move aimed at boosting growth and enhancing services, the company said. Ralph...

Financial Crisis Imperils Re/Insurers Ability to Access Capital

Apr 1 2009 // Insurers and reinsurers may have weathered the global financial crisis comparatively well so far, but they could be facing another threat. “We’re not capitalized enough,” was the way Michael...

Florida Suspends License of Weakened Coral Insurance

Apr 1 2009 // A Florida domestic property insurance company has been told to stop writing business– the second time in a week state regulators have had to act against an insurer. Hollywood-based Coral Insurance, which began doing...

Prepayments Planned by Backlogged Oklahoma Insurer

Apr 1 2009 // A state workers’ health insurance plan in Oklahoma recently came under renewed criticism when state lawmakers and plan administrators said it may take months to get rid of a backlog of more than 200,000 unpaid health...

Massachusetts Enters Second Year of Car Insurance Experiment

Apr 1 2009 // For decades, Massachusetts had some of the nation’s highest automobile insurance premiums and was the last state to have rates determined by the government, not the open market. That changed one year ago this week,...

Illinois Tells Crop Insurer to Cease ‘Improper Rebate’

Mar 31 2009 // The Illinois Department of Financial and Professional Regulation’s (IDFPR) Division of Insurance has ordered First Farm Credit Services to discontinue its Patronage Program, calling the program an “improper...

Insurer Group Takes Issue with Wrongful Death and Other Iowa Bills

Mar 27 2009 // The Iowa General Assembly is considering several insurance-related bills that could pose threats to consumers, including one that would expand wrongful death claims to allow recovery of highly speculative damages, which...