Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Ala. Coast Condo Industry Pushes for Action on Rising Insurance Rates
Sep 4 2007 // As Labor Day tourists take an end-of-summer beach trip, owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums. Insurance legislation aimed at...
Calif. Bill to Lower Industry Support for Earthquake Coverage
Sep 4 2007 // California homeowners who buy earthquake insurance through the state-run California Earthquake Authority (CEA) could see their premiums rise under a bill that passed an Assembly committee over opposition from the state...
N.Y. Supt. Dinallo Calls for End to Bureau-Filed Rates for Workers’ Comp
Sep 4 2007 // Workers’ compensation rates in New York State should be determined by more competition among insurance carriers, instead of through the current rating board that now proposes these rates, New York State Insurance...
News Currents
Sep 3 2007 // Credit scoring use still an issue for officials, consumer groups But industry groups say the battle has become less ‘onerous’ but it’s not over in some states The recent release in late July of a...
Insurers say Alaska court decision could lead to uneven rates
Sep 3 2007 // A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks...
Staying afloat in complex construction insurance waters
Sep 3 2007 // With the tidal wave of legal cases involving construction defects bogging down county, state and federal courts, it has become imperative that insurers “cover their behinds” from every imaginable angle —...
Insurers oppose proposed Calif. workers’ comp deductible
Sep 3 2007 // Some California insurers are asking the Legislature to reconsider a proposal that they say will dramatically boost workers’ compensation temporary disability payments to injured workers. The American Insurance...
Insurance company protecting pricey Idaho homes from wildfire
Sep 3 2007 // Idaho’s Sun Valley Insurance is doing everything it can to keep claims at bay during wildfire season — including sending in a fire truck to cover million-dollar homes threatened by a wildfire outside the...
Insurers say Alaska court decision could lead to uneven rates
Sep 3 2007 // A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks...
The subprime mortgage meltdown: will insurance feel the heat?
Sep 3 2007 // At a minimum, D&O claims are expected; Countrywide’s Balboa insurance operations under review The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for...
Report: insurers did not shift wind claims
Sep 3 2007 // A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood...
Florida home insurers, politicians at odds over rate filings
Sep 3 2007 // About seven months ago, Gov. Charlie Crist signed legislation he said would lower property insurance premiums. It hasn’t quite turned out that way. State officials had promised rates would drop about 25 percent on...
Southern governors hear from insurance execs on coastal coverage
Sep 3 2007 // Southern governors and insurance executives met late last month in Biloxi, Miss., about the challenges of keeping insurance coverage in coastal areas that are vulnerable to hurricanes, but they reached no consensus on how...
Case Watch
Sep 3 2007 // Bad Faith Pickett v. Texas Mut. Ins. Co. Tex.App., Austin, July 26, 2007 Requirement that insured exhaust workers” compensation administrative procedures prior to bad faith suit sustains constitutional...
News Currents
Sep 3 2007 // Report: insurers did not shift wind claims A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina...
The subprime mortgage meltdown: will insurance feel the heat?
Sep 3 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures. But it’s only the “very top of the first...
8 Florida insurers, politicians at
Sep 3 2007 // odds over rate filings Insurers not delivering rate cuts that politicians promised 8 Southern governors battered by coastal insurance issues Frustrated with lack of private market 10 Liberty Mutual and Ohio...
News Currents
Sep 3 2007 // Florida home insurers, politicians at odds over rate filings About seven months ago, Gov. Charlie Crist signed legislation he said would lower property insurance premiums. It hasn’t quite turned out that way. State...
Southern governors hear from insurance execs on coastal coverage
Sep 3 2007 // Southern governors and insurance executives met late last month in Biloxi, Miss., about the challenges of keeping insurance coverage in coastal areas that are vulnerable to hurricanes, but they reached no consensus on how...
Case Watch
Sep 3 2007 // Bad Faith Pickett v. Texas Mut. Ins. Co. Tex.App., Austin, July 26, 2007 Requirement that insured exhaust workers” compensation administrative procedures prior to bad faith suit sustains constitutional...
