Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
N.Y. insurer compensates credit report breach victims
Apr 9 2007 // New York Attorney General Andrew M. Cuomo has negotiated a settlement affecting nearly 400 New York consumers whose credit reports were unlawfully accessed by an insurance company. Under the settlement, Administrators for...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Florida officials: Education, job rating ‘unintentionally’ harms minorities
Apr 9 2007 // A Florida report on the use of occupation and education in underwriting and rating auto insurance asserts that while the practices “unintentionally harm minorities and low-income individuals,” they are...
News Currents
Apr 9 2007 // Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study...
News Currents
Apr 9 2007 // Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Top 10 myths of D&O liability insurance
Apr 9 2007 // In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O...
Florida officials: Education, job rating ‘unintentionally’ harms minorities
Apr 9 2007 // A Florida report on the use of occupation and education in underwriting and rating auto insurance asserts that while the practices “unintentionally harm minorities and low-income individuals,” they are...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
News Currents
Apr 9 2007 // La. commissioner proposes $100 million fund to lure insurers to state Louisiana Gov. Kathleen Blanco has set aside $100 million in her budget to cover insurance issues and state Commissioner of Insurance Jim Donelon thinks...
Top 10 myths of D&O liability insurance
Apr 9 2007 // In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Riding out soft and hard market cycles with quality relationships
Apr 9 2007 // Analyzing the economic rhymes and reasons of soft and hard market cycles in the insurance industry would make for a challenging university-level business course. Theories abound on why and when these cycles occur, but no...
A.M. Best cites 15 P/C insurers as financially impaired in 2006
Apr 9 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
La. Citizens CEO Hospitalized, Consultants to Take Over Insurer
Apr 6 2007 // Private consultants will take over management of Louisiana’s state-controlled insurer of last resort after the firm’s outgoing chief physically collapsed and its chief financial officer resigned. Terry Lisotta,...
Insurers Support Tax-Free Savings Accounts for Natural Disasters
Apr 5 2007 // Legislation that would allow homeowners to set up tax-free savings accounts for natural disasters would go a long way toward encouraging them to prepare for catastrophes, according to a national insurer group. A proposal...
Insurer Must Pay for Boy’s Breast Reduction Surgery, N.Y. Court Rules
Apr 5 2007 // An insurer that refused to pay for a teenage boy’s breast reduction on the grounds that it was cosmetic surgery must reimburse his father for the operation, an appeals court in New York has ruled. The Supreme...
S&P Says Credit Insurer Atradius Ratings ‘Unaffected by Combination’
Apr 4 2007 // Standard & Poor’s Ratings Services said that its “ratings and outlook on Netherlands-based credit insurance group Atradius (main operating entities are rated A/Stable/–) and Spain-based credit...
