Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Florida Insurance Vote Reflects Political Shift Against Insurers’ Wishes
Jan 25 2007 // The difference in how the state Legislature approached Florida’s insurance problems this year compared to last year are like the differences between night and day, hot and cold, black and white, and Jeb Bush and...
Conn. AG Bill Targets Steering Customers to Select Body Shops
Jan 25 2007 // Connecticut Attorney General Richard Blumenthal has drafted legislation that he says would strengthen the state’s anti-steering law prohibiting insurers from forcing consumers to use a preferred auto repair shop as a...
Fla. Gov. Crist Signs Property Insurance Bill
Jan 25 2007 // Three days after a Florida special legislative session on insurance rates for homeowners, Gov. Charlie Crist signed legislation that promises to provide insurance reform, including rate reductions and an expansion of...
Survey: Commercial Prices Continue Declining in Non-Catastrophe Areas
Jan 24 2007 // Commercial insurance premiums continued their decline in all but catastrophe-exposed areas during the fourth quarter of 2006, with insurers willing to lower prices and place fewer restrictions on coverage to get new...
Susan Burdick Joins QualCorp, Inc. as SR. Sales Consultant for QueryPlus – AFW
Jan 23 2007 // Valencia, CA….In January 2007 QualCorp, Inc. began a new Nationwide campaign that focuses on the launch of their newest product – QueryPlus – a reporting tool. “Susan Burdick is one of the key factors...
Mass. Auto Insurer Tops in Spending on Beacon Hill Lobbyists
Jan 23 2007 // Lobbyists trying to influence Massachusetts legislation on Beacon Hill raked in a record $64.3 million in 2006, as they plied their trade on issues ranging from education and insurance to tobacco and cable television,...
Feb. 12 is ‘Super’ Monday: Super Regional P/C Insurers™ to be Unveiled
Jan 23 2007 // As excitement over the Super Bowl builds, property casualty insurance professionals are anticipating their own “super” day: Monday, February 12. That’s the date when Insurance Journal magazine, in...
Fla. Lawmakers Agree on Insurance Relief Plan; Bill Sent to Gov. Crist
Jan 23 2007 // Florida homeowners could see property insurance rates cut by as much as 40 percent under a plan finalized by lawmakers hoping to reverse hurricane-fueled increases many residents say have threatened to price them out of...
Insurer Group Applauds Report’s Call for Optional Federal Charter
Jan 23 2007 // The American Insurance Association (AIA) has issued a statement lauding a report released by New York City Mayor Michael Bloomberg and U.S. Sen. Charles Schumer, D-N.Y., which calls for making modernizing financial...
Florida Lawmakers Near Agreement; Vote Expected Today on Insurance Plan
Jan 22 2007 // Florida lawmakers tentatively agreed Saturday on a comprehensive proposal aimed at lowering Floridians’ skyrocketing property insurance rates, saying they’d finalize the plan with a vote on the package on...
Conn. AG Files Bill to Block Insurers from Requiring Storm Shutters
Jan 22 2007 // Connecticut Attorney General Richard Blumenthal has submitted draft legislation to the General Assembly that would prohibit insurers from requiring that consumers install hurricane shutters as a condition of insurance. The...
Fla. House and Senate Expected to Meet Through Weekend to Merge Bills
Jan 19 2007 // Laboring to comply with Gov. Charlie Crist’s call for lowering Florida insurance costs by at least 25 percent during a quick, seven-day special session, both the House and Senate have passed bills promising to do...
Insurer Trade Group Launches Global Warming Web Site
Jan 18 2007 // The National Association of Mutual Insurance Companies (NAMIC) has unveiled a new website, www.climateandinsurance.org , to help address the increasing concerns about climate change and its impact on the property/casualty...
Supreme Court Hears Insurers On Credit Notification Practices
Jan 18 2007 // Two large insurers have defended their decision not to tell customers about their less-than-perfect credit, as the Supreme Court debated the legal standard for finding the companies liable under federal law. During an hour...
Allianz Plans Buy Out of AGF Minority Shares; German Life Minorities
Jan 18 2007 // Germany’s Allianz SE, Europe’s largest insurer in terms of gross premiums written, is set to get even bigger. The Munich-based Company announced plans to acquire the remaining 42.4 percent of the shares in...
Fla. Day 2: Senate Passes 25% Rate Cut; Citizens Would Enter Commercial
Jan 18 2007 // Two days into a special legislative session, after debating 20 amendments, the Florida Senate voted to pass Senate Bill 4-A, a measure which promises an average 25 percent premium cut to homeowners and lets Citizens...
Conn. AG Urges Release of Audit on Health Insurers’ Coverage Denials
Jan 18 2007 // Connecticut Attorney General Richard Blumenthal said his office has received several reports of health insurance companies denying coverage based on questionable conclusions that patients’ medical conditions...
Delaware Moves Swiftly to Enact Major Workers’ Comp Reform
Jan 18 2007 // The Delaware Senate and House moved swiftly in the past week to pass a bill containing major reforms of the state’s workers’ compensation system and Gov. Ruth Ann Miller immediately signed the reforms into...
FSA Warns Insurers on Misleading Advertising
Jan 17 2007 // The UK’s Financial Services Authority (FSA) has issued a warning to insurance firms to stop using savings claims which could mislead consumers in their advertising or face regulatory action. The FSA said the...
Insurer to Investigate Vermont Diocese’s Handling of Priest Sex Abuse
Jan 17 2007 // An insurance company for the Roman Catholic Diocese of Burlington wants to investigate the church’s conduct in 27 cases of alleged child sex abuse by a former priest before paying the costs of litigation associated...
