Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Med-Mal Insurer ProAssurance to Go Private After $1.3B Purchase by The Doctors Co.
Mar 20 2025 // The Doctors Company said it has entered an agreement to acquire ProAssurance Corp. for $1.3 billion, taking the company private. Birmingham, Alabama-headquartered ProAssurance is a specialty insurer with expertise in...
JD Power: Customers Not Happy With Carrier Property Claims Service
Mar 20 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...
Your Guide to Getting an Appointment with the Best Insurance Companies
Mar 20 2025 // This post is part of a series sponsored by Darkhorse Insurance. Getting appointed means that you can sell their insurance products to your clients and earn commissions. It also gives you access to more options and better...
After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits
Mar 19 2025 // Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Sen. Nabilah Islam...
‘Bleak’ Data: Insurance Carriers’ Entry Level Hiring Expectations Hit Low Point
Mar 19 2025 // Insurance carriers expecting to add staff in 2025 are largely looking for experienced professionals rather than filling entry level roles, according to the latest Insurance Labor Market Study from Jacobson Group and...
Swiss Insurers Baloise, Helvetia Said to Explore Combination
Mar 18 2025 // Baloise Holding AG and Helvetia Holding AG have been exploring a possible combination that could create one of Switzerland’s largest insurers, according to people familiar with the matter. The companies have held...
Diversification, Risk Modeling Top of Mind for Carriers as Cyber Market Softens
Mar 17 2025 // As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth strategies, according to panelists at this year’s PLUS Cyber Symposium in...
North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits
Mar 13 2025 // The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea is likely to hit multiple marine insurance policies, carrying an estimated combined insured value of between $50 million and...
She Took Out 40 Insurance Policies Worth $20 Million, Scamming Insurers and Investors
Mar 13 2025 // A federal jury convicted a Maryland woman yesterday for conspiracy to commit insurance fraud, and related charges for wire fraud, money laundering and filing false tax returns. According to court documents, Maureen Wilson,...
Insurer Payouts Now at $12B for LA Wildfires, Report Shows
Mar 12 2025 // Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January. California...
Nirvana Raises $80M for AI-Driven Fleet Insurance; Carrier-Agency Connector CoverForce Secures $13M
Mar 10 2025 // Nirvana Insurance Secures $80M for Trucking Insurance AI Nirvana Insurance, an AI-driven commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. The round...
Brazil Insurer Caixa Seguridade Files for Secondary Share Offering
Mar 10 2025 // Brazilian state-run insurance firm Caixa Seguridade said late on Sunday it had filed for a follow-on share offering that will comprise a secondary sale of stock owned by controller Caixa Economica Federal. The move was...
Washington Bill Would Provide Restitution for Policyholders Harmed by Insurers
Mar 10 2025 // A bill to allow the Washington’s insurance commissioner to order restitution for policyholders harmed by insurance companies moved out of the state Senate Business, Financial Services, and Trade Committee. Senate...
Why Cyber Insurers Should Partner in Cybersecurity Support
Mar 10 2025 // The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a...
New York Fines Three Dozen Auto Insurers $20M for Slow Reporting on Policies. Insurers Say There’s More to the Story
Mar 10 2025 // The New York State Department of Financial Services in February issued more than $20 million in fines against three dozen auto insurers – for failing to timely report new and terminated auto insurance policies. But...
Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials
Mar 10 2025 // As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers have signaled new scrutiny on insurance carriers’ claims-handling...
Report: More Insurers in California Paying Wildfire Victims Without Itemized List
Mar 7 2025 // More insurers are paying contents coverage to California wildfire victims without requiring a detailed inventory, according to the California Department of Insurance. The CDI reported on responses from carriers following a...
Path to Profitability: Market Risks Facing Agencies and Carriers for Medicare Open Enrollment 2025
Mar 4 2025 // This post is part of a series sponsored by AgentSync. At first glance, having the most profitable Medicare season comes down to matching your distribution channels to the anticipated size of the market opportunity in a...
Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut
Mar 3 2025 // Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company, which is the state’s insurer of last...
Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies
Feb 28 2025 // Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold...
