Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurer Files Complaint Against Ohio Cardinal Health
Nov 9 2006 // An insurer wants to determine whether it has coverage obligations in lawsuits involving a retirement plan at Cardinal Health Inc., the drug and medical supply distributor said in a Tuesday filing with the Securities and...
Lame Duck Romney Team Proceeds with Mass. Auto Changes
Nov 9 2006 // Massachusetts Insurance Commissioner Julianne Bowler said she intends to finish what she started three years ago in trying to refashion the state’s high risk auto insurance system, despite urgings by some that she...
CEO of Maryland Insurer CareFirst Steps Down; Interim CEO Named
Nov 8 2006 // William L. Jews will step down as chief executive of CareFirst BlueCross BlueShield at the end of the year, the board of Maryland’s biggest health insurer said. The decision to leave was mutual, according to board...
Lawmakers say New Orleans insurance analysis reveals racial imbalance
Nov 6 2006 // Outreach measures never reached many minority homeowners, study found Associated Press analysis showing white homeowners in New Orleans were three times as likely as minorities to appeal insurance settlements after...
Submitting, underwriting and placing lawyers professional liability
Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...
Katrina trial could be moved from Gulf Coast to Oxford
Nov 6 2006 // Is fair trial in Gulfport possible given negative press, number of prominent policyholders? State Farm Fire & Casualty Co. has filed a motion in federal court in Gulfport, claiming it will get a fairer trial somewhere...
Submitting, underwriting and placing lawyers professional liability
Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/engineers. While...
Honesty is the best insurance policy
Nov 6 2006 // Why government should require insurance policies to declare what is NOT covered I have introduced legislation in the U.S. Senate to make future insurance policies easier for consumers to understand. The “Honesty is...
Golden State Division of Workers’ Compensation proposes penalties against laggard insurers
Nov 6 2006 // California’s Division of Workers’ Compensation has issued a revised proposal of regulations that would penalize insurers and self-insurers that show a pattern of denying or delaying workers’ compensation...
Federal appeals court upholds juries’ rulings in World Trade Center twin tower claims
Nov 6 2006 // A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001, as a single event for some insurers and two events for others. A...
Hawaii commissioner warns insurers of discriminatory practices
Nov 6 2006 // The Hawaii Insurance Division has issued a memo to all motor vehicle insurance insurers authorized in the state that discriminatory practices are prohibited, including those that award discounts. According to Commissioner...
Homeowners want insurance carriers to offer identity theft coverage
Nov 6 2006 // More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The “2006 Homeowners Insurance...
Insurers cutting rates in Colorado, thanks to new tort system
Nov 6 2006 // Colorado’s largest automobile insurance provider plans to cut rates an average of 7.5 percent this month, saying the state’s switch from a no-fault to a tort insurance system is reducing costs. The expected cut...
Submitting, underwriting and placing lawyers professional liability
Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...
Survey: Commercial market softens, insurer appetite increases
Nov 6 2006 // The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite for business in which they previously were not interested, according to the...
Honesty is the best insurance policy
Nov 6 2006 // Why government should require insurance policies to declare what is not covered I have introduced legislation in the U.S. Senate to make future insurance policies easier for consumers to understand. The “Honesty is...
Insurance credit scoring plagued with fundamental problems
Nov 6 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
UNDER Construction: The Green Property Insurance Market
Nov 6 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...
U.S. legal precedents assume larger role in corporate oversight
Nov 6 2006 // European PLUS conference explores an emerging international D&O market Maybe it’s part of the globalization process; maybe it’s due to the increasing sophistication of private investors and fund managers,...
Ease of doing business can make the strategic ‘profit’ differential
Nov 6 2006 // Let’s start with three basic ideas about property/casualty insurance distributed through independent agents and brokers — a sector with more than $200 billion in written premium annually. 1) P/C insurance...
