Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Hawaii obtains reinsurance to take control of Vesta subsidiary
Aug 7 2006 // Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously...
Fighting future losses in the midst of fire season
Aug 7 2006 // With 68,775 blazes already this year, the 2006 wildfire season is well on its way to becoming the worst in 10 years, according to the National Interagency Fire Center (NIFC). Its data shows 5.03 million acres have burned,...
When insuring international trade, expect the world
Aug 7 2006 // Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...
Wagging the dog
Aug 7 2006 // Reinsurance woes send primary carriers scrambling Until recently the reinsurance world was a galaxy far, far away. That changed after the 2000 stock market crash, the Sept. 11 attacks and, more recently, the hurricanes...
Target Markets leaders see now as good time to shop proven programs
Aug 7 2006 // TMPAA’s Thompson, Siefert discuss today’s program business opportunities and program administrators’ evolution Despite soft market conditions, program carriers are less than enthusiastic about jumping at...
Program Snapshots
Aug 7 2006 // Program business comes in all shapes and sizes–even definitions. What looks like an insurance program to one might not be a program to another. Program business can be difficult to pinpoint, according to Ray Scotto,...
New breed of pampered pet services creates market for insurers
Aug 7 2006 // With pet-friendly hotels, doggie happy hours and pet massages available today, this world might truly have gone to the dogs–and cats. According to the American Pet Products Manufacturers Association Inc., 63 percent...
Congressional hearing held on terrorism and insurance
Aug 7 2006 // Agents, risk managers and insurers press Congress for long-term TRIA solution Two U.S. House subcommittees–the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security...
Don’t rush the courtship
Aug 7 2006 // Partnerships with community organizations may help reduce risk, boost business If understanding and pricing risk are the essence of insurance, then mitigating risk is the essence of insurers’ and their agency...
Best’s 2006 European review highlights common industry concerns
Aug 7 2006 // For the insurance industry, global controversies tend to obscure some equally important debates going on in smaller forums around the globe. The principal controversy in the U.S. revolves around state vs. federal...
News Currents
Aug 7 2006 // Companies step up to take Texas Select policyholders Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the...
When insuring international trade, expect the world
Aug 7 2006 // Shipments are delayed, damaged, lost or stolen around the globe with a frequency that is probably not surprising. What is surprising is how significantly the effects of those losses could be mitigated. Think how few things...
Fighting future losses in the midst of fire season
Aug 7 2006 // With 68,775 blazes already this year, the 2006 wildfire season is well on its way to becoming the worst in 10 years, according to the National Interagency Fire Center (NIFC). Its data shows 5.03 million acres have burned,...
Hawaii obtains reinsurance to take control of Vesta subsidiary
Aug 7 2006 // News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as...
California insurers sue department to stop auto insurance regulations
Aug 7 2006 // News Currents Three insurance trade groups filed a lawsuit seeking declaratory and injunctive relief to stop enforcement of California Department of Insurance auto rating regulations they said will harm millions of...
New breed of pampered pet services creates market for insurers
Aug 7 2006 // With pet-friendly hotels, doggie happy hours and pet massages available today, this world might truly have gone to the dogs—and cats. According to the American Pet Products Manufacturers Association Inc., 63 percent...
Wagging the dog
Aug 7 2006 // Until recently the reinsurance world was a galaxy far, far away. That changed after the 2000 stock market crash, the Sept. 11 attacks and, more recently, the hurricanes that struck Florida, New Orleans, Texas and other...
Program Snapshots
Aug 7 2006 // Program business comes in all shapes and sizes—even definitions. What looks like an insurance program to one might not be a program to another. Program business can be difficult to pinpoint, according to Ray Scotto,...
Don’t rush the courtship
Aug 7 2006 // If understanding and pricing risk are the essence of insurance, then mitigating risk is the essence of insurers’ and their agency partners’ profit. New research shows how partnerships between insurance...
Target Markets leaders see now as good time to shop proven programs
Aug 7 2006 // Despite soft market conditions, program carriers are less than enthusiastic about jumping at the chance to start a new program, according to two industry experts. But times may be ripe for a program manager who is less...
