Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
P/C industry net income, overall profitability slips
Jul 23 2007 // The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and $17.7 billion in first-quarter 2005, according to...
Managing energy industry risk in a volatile world
Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has...
News Currents
Jul 23 2007 // Indiana insurer for mutual insurers, agents celebrates 20 years The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance...
Insurers refute Fla. Gov. Crist’s ‘broken promises’
Jul 23 2007 // Insurance companies have taken exception to a reported accusation by Florida Gov. Charlie Crist that the insurance industry has broken its promises to lower rates. In the July 3, 2007, edition of the South Florida...
Managing energy industry risk in a volatile world
Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has...
Package of insurance measures passes La. legislature
Jul 23 2007 // Louisiana’s Legislature in June approved a package of insurance bills promoted by Louisiana Gov. Kathleen Babineaux Blanco and Insurance Commissioner Jim Donelon. Among the bills passed were one that provides for...
Managing energy industry risk in a volatile world
Jul 23 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...
Regional companies provide a competitive advantage
Jul 23 2007 // Agents need to build a portfolio of carriers to meet their clients needs, and that should include both regional and national carriers, according to Rick Quagliaroli, president and CEO of Strongwood Holdings Insurance Corp....
Calif. Earthquake Authority pushes for industry assessments
Jul 23 2007 // Southbound Highway 880 traffic was routed around a damaged section of Highway 580 in Oakland, Calif., Monday, April 30, 2007. Crews sifted Monday through the wreckage of a collapsed freeway overpass, and emergency response...
Nevada consumers puzzle over using credit history
Jul 23 2007 // As Ed Rathje sees it, his first foray into the Nevada Legislature as a citizen-activist ended in “total defeat” earlier this month when a bill he was pushing to limit the insurance industry’s use of...
Commercial lines insurers’ stocks up; M&A activity steady in 2nd quarter
Jul 23 2007 // Stock Prices: Commercial insurers’ stocks were up an impressive 8 percent for the second quarter of 2007. Much of the increase can be attributed to the high premium which was paid for Ohio Casualty Corp....
Premium Growth: Top 25 P/C premium gainers for first quarter 2007
Jul 23 2007 // I am certain that Erik Erikson, Stella Chess and Jane Whitbread were not thinking of the insurance industry when they wrote this but they could have been. The 25 property/casualty insurers with the largest increase in...
Industry supports terror bill but not all agree with NBCR mandate
Jul 23 2007 // At a congressional hearing in Washington, D.C. last month, insurance industry group representatives generally spoke in favor of a bill that would extend the federal backstop for terrorism insurance coverage for another 10...
News Currents
Jul 23 2007 // P/C industry net income, overall profitability slips The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and...
A recipe for independent agency-carrier relationship success
Jul 23 2007 // Agency-company relationships are a softer issue in business today, and not something independent agencies think about all the time, according to Frank Kortarba, president and CEO of Golden Eagle Insurance in San Diego....
Congress gets serious about surplus lines insurance reform
Jul 23 2007 // Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, the Non-Admitted and Reinsurance Reform Act of 2007. Sponsored by Rep. Dennis Moore, D-Kan., and Rep....
Neb. Insurer Donating $80K in Ark. in Name of Agencies, Small Business
Jul 20 2007 // Omaha, Neb.-based workers’ compensation insurer, FirstComp, is celebrating 10 years of business in Arkansas with some big checks and big thanks to independent agencies and policyholders, the company...
FTC Finds Use of Credit Helps Consumers, Insurer Group Says
Jul 20 2007 // The Federal Trade Commission’s (FTC) study of automobile insurers’ use of credit has reaffirmed the strong connection between credit information and the risk of loss and has determined that its use helps to...
Insurance Companies Drop Hawaii Auto Premiums
Jul 19 2007 // Hawaii auto insurance companies are dropping their Hawaii rates as local traffic accidents and claims fall. Insurance Commissioner J.P. Schmidt said the state has approved rate reductions for four major carriers in Hawaii...
Insurers Say Mich. Motorists Should Have Choice in Medical Coverage
Jul 19 2007 // The insurance industry in Michigan released a study on Tuesday, July 17th that predicts motorists could save up to 16 percent on their auto premium if they were allowed to select capped health benefits for accident...
