Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Two Calif. Insurers File For Rate Reductions
Sep 15 2006 // Two insurers have filed for rate decreases in California. According to the California Department of Insurance, 21st Century, the state’s fifth largest auto insurer, with more than 740,000 policy holders, is seeking a...
R&M Report Analyzes Chinese Insurers
Sep 14 2006 // Dublin-based Research and Markets has added a new report on the Chinese insurance industry to their offering. “‘China Insurance Sector Analysis (2006)’, provides extensive research and objective analysis...
Minn. Travelers Introduces Insurance Company Bond Product
Sep 14 2006 // Minn.-based Travelers Insurance is offering increased protection for employee dishonesty fraud and other related losses under a newly-enhanced product recently introduced by the company. Travelers SelectOne(SM) for...
La. Gov. Looking at Whether to Plug State Dollars Into Citizens
Sep 14 2006 // Louisiana Gov. Kathleen Blanco said Sept. 12 that she’ll consider a partial state bailout for Louisiana’s insurer of last resort, which borrowed $1 billion to pay off claims after hurricanes Katrina and...
AMS 360 v2.0 Delivers Increased Productivity and Streamlined Connectivity
Sep 14 2006 // Innovative Agency Management System Achieves Wide Industry Adoption Bothell, Wash. – AMS Services, a leading provider of software solutions for the insurance industry, today announced the general availability of AMS...
House Subcommittee Hears Testimony on Coastal Insurance Market
Sep 13 2006 // The House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, heard testimony today from industry advocates to discuss the need for public and private sectors to work...
Insurers Urge Calif. to Drop Proposed Rate of Return Regulations
Sep 13 2006 // Three property/casualty insurance trade associations urged the California Department of Insurance (CDI) to abandon proposed regulations that would radically change how the CDI reviews and approves insurance company rate...
Western Agents Upset Brokers Working Against Compensation Agreements
Sep 12 2006 // Reacting to an investors’ conference last week at Keefe, Bruyette & Woods in New York, the Western Insurance Agents Assocation issued a release indicating it is upset that brokers and insurers who broke the law...
Fla. Considers Standards for Home Insurers’ Mitigation Discounts
Sep 12 2006 // Florida home insurance companies may have to spell out standardized premium discounts homeowners would get for certain home improvements under a recommendation discussed Thursday by a state panel. The Property and Casualty...
Texas Insurer Group to Host Legislative Forum in Nov.
Sep 11 2006 // Southwestern Insurance Information Service will host a Public Policy Forum, “A Preview of the 2007 Legislative Session,” on Nov. 10, 2006, at the Crown Plaza Hotel in Dallas, Texas. The event will offer 2.0...
Medical Liability Insurer Sold by Washington Commissioner
Sep 8 2006 // After operating a major insurer of the Washington’s rural hospitals and medical centers for more than three years under a court order, Insurance Commissioner Mike Kreidler has announced his intent to sell the...
Conn. Officials, Insurer Agree to 90-Day Moratorium on Shutter Rule
Sep 8 2006 // Connecticut Insurance Commissioner Susan F. Cogswell announced that Andover Insurance Company has agreed to suspend for 90 days the implementation of a department decision allowing the company to cancel the policies of...
Former NFL Star Terrell Davis Sues Insurer over Emmy Fracas
Sep 8 2006 // Former Denver Broncos star Terrell Davis has sued an insurance company claiming it refused to defend him in an earlier lawsuit related to an Emmy Awards after-party fracas. Davis sued Liberty Mutual Fire Insurance Co....
Fla. Commercial JUA Hires Carrier, Moves Closer to Operation
Sep 7 2006 // Florida’s residual market for commercial insurance is closer to realizing its plan to provide coverage for businesses with property valued under $1 million that can’t obtain coverage in the private insurance...
Shutter Diplomacy: Conn. Regulator Plans Coastal Insurance Forum
Sep 7 2006 // Connecticut Insurance Commissioner Susan Cogswell plans a public forum on Sept. 21 to air concerns over availability of property insurance in the state’s coastal areas. The forum is being called following reports of...
Aon Freed to Accept Contingent Pay When Serving as MGA
Sep 7 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...
GMI Continues to Profit & Grow With FormsPlus
Sep 6 2006 // Three years after making the decision to automate their business auto, the future of their company never looked brighter. Over the past two years through aggressive underwriting and state of-the-art automation provided by...
FSA Fines Mortgage Insurer $106,000
Sep 6 2006 // The U.K.’s Financial Services Authority announced fines levied against Regency Mortgage Corporation Limited of £56,000 ($106,000) “for failures relating to its sale of mortgage related Payment Protection...
New Alternatives Aimed at Capacity Will Challenge Traditional Insurers
Sep 6 2006 // New alternative capacity markets are emerging that represent a more widespread challenge to the traditional insurance mechanism; while the alternative insurance market legacy structures, such as retentions and...
Revenue is King for P/C Insurers, But Bigger Isn’t Better, Study Reports
Sep 6 2006 // A comprehensive study of property and casualty insurance companies in North America, Western Europe and Australia has determined that the top line is more often the bottom line than previously thought. Bain finds that the...
