Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Appeals Court rules insurer’s indemnity obligation is joint and several
Jul 3 2006 // The Court of Appeals of Oregon has decided that an insurance company’s indemnity obligation to its policyholders is joint and several, not pro-rata, in environmental liability insurance coverage case. In Cacade Corp....
Federal insurance antitrust exemption: Insurer, consumer friend or foe?
Jul 3 2006 // Congress opened debate on the insurance industry’s exemption from federal antitrust laws, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory reform that would...
Healthcare liability moves beyond hospitals to specialized facilities
Jul 3 2006 // Someone once said “change is inevitable” and in the health care arena that especially rings true. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
Insuring Indian country
Jul 3 2006 // Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance,...
News Currents
Jul 3 2006 // Risk mixing and matching with miscellaneous health care facilities Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only...
Risk mixing and matching with miscellaneous health care facilities
Jul 3 2006 // Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
Insuring Indian country
Jul 3 2006 // Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance,...
Editor’s Note: Exemption protection
Jul 3 2006 // The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law gave states responsibility for insurance...
News Currents
Jul 3 2006 // Appeals Court rules insurer’s indemnity obligation is joint and several The Court of Appeals of Oregon has decided that an insurance company’s indemnity obligation to its policyholders is joint and several, not...
California’s mandatory investment reporting unnecessary, insurers say
Jul 3 2006 // California is considering legislation that would require insurers to report California community-related investments to the insurance commissioner every two years. AB 925, authored by Assemblyman Mark Ridley-Thomas, D, and...
Federal insurance antitrust exemption: Insurer, consumer friend or foe?
Jul 3 2006 // Congress opened debate on the insurance industry’s exemption from federal antitrust laws, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory reform that would...
California construct defect litigation creating perfect storm
Jul 3 2006 // In The Perfect Storm, the book that inspired the movie of the same name, author Sebastian Junger defined “the perfect storm” as a tempest that may happen only once in a century, a storm created by so rare a...
Exemption protection
Jul 3 2006 // The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law placed responsibility for insurance...
Healthcare liability moves beyond hospitals to specialized facilities
Jul 3 2006 // Someone once said “change is inevitable” and in the health care arena that especially rings true. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
Risk mixing and matching with miscellaneous health care facilities
Jul 3 2006 // Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
California Commissioner Questions Homeowners’ Insurance Rates
Jun 30 2006 // California Insurance Commissioner John Garamendi has announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford’s filing for a decrease contrasts...
Texas Enforcement Actions in May Result in More than $224K in Fines
Jun 30 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during May. The actions include eight license revocations and fines and restitution totaling...
New ‘NASDAQ Global Select Market’ Tier Lists Insurers
Jun 28 2006 // The NASDAQ Stock Market has released the names of approximately 1200 companies who will be included in its new “NASDAQ Global Select Market” tier, which will become effective July 3. The new tier “has the...
Pending Bills Undermine Calif. Workers Comp Reforms, Insurers Say
Jun 28 2006 // Three measures awaiting approval by a key state Senate committee would undermine recent reforms that have improved California’s workers compensation system, according to Sam Sorich, president of the Association of...
U.S. P/C Industry Posts Record 1Q Profits; Net Gain on Underwriting Rises Nearly 21%
Jun 28 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio — a key...
