Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Qatar Insurance to Launch Holding Firm for Overseas Operations
Apr 13 2006 // Qatar Insurance Company said it will soon launch Qatar Insurance International, a holding firm for its overseas operations. Qatar Insurance International, a closed shareholding company, would be based at the Qatar...
Mo. Senate Votes to Bar Insurers from Canceling Policies Due to Storm Claims
Apr 13 2006 // The Missouri Senate voted Tuesday to bar insurance companies from canceling policies, refusing to renew policies or raising rates as a result of weather-related claims. Sen. Charlie Shields, (R-St. Joseph), offered the...
Insurers Say Vote No to Arizona Vehicle Repair Legislation
Apr 12 2006 // The Property Casualty Insurers Association of America (PCI) is asking the Arizona Senate to vote no on House Bill 2063, a bill that it says would make it more difficult for insurers to provide consumers important...
GE Insurance Solutions Talks About Landing a Program Carrier
Apr 12 2006 // If you’re an agent or broker trying to land a program carrier, it’s one thing to have an in-force program with lots of history and experience data, but how do you market yourself to a carrier if you’re...
Axa Re Offer Mirrors Consolidation Moves by European Insurers
Apr 10 2006 // French insurer Axa SA said Friday it received a binding offer for its reinsurance business from a consortium of private-equity firms led by Stone Point Capital. The deal calls for the consortium — which also includes...
Insurance Industry on Solid Financial Footing, But Overall Results Mask Problems in Certain Lines, Locations
Apr 10 2006 // The property/casualty insurance industry will report an increase in its capital base and an overall profitable performance in 2005, enabling it to meet the insurance needs of the growing U.S. economy, according to...
British Olympic Athletes Get Sponorship with Insurer Norwich Union
Apr 9 2006 // British track and field athletes will need to sign performance-based contracts in order to get funding under a new sponsorship agreement aimed at producing champions for the 2012 London Olympics. The five-year,...
Insurers Refute Reports on Canada’s Home, Auto Policy Prices
Apr 9 2006 // Canada’s home, car and business insurers have countered recent reports suggesting that the cost of homeowner’s insurance in New Brunswick is rising. The industry’s attempt to set the record straight about...
Fla. Senate Looks for Ways to Solve Property Insurance Problems
Apr 7 2006 // With thousands of Floridians reeling from huge property insurance premium spikes as yet another hurricane season approaches, a Senate panel began discussion Wednesday of ways to fix what many say is a broken hurricane...
Hartford Fire Department to Charge Insurers for Emergency Services
Apr 7 2006 // Fire protection and medical help remains free, but the Hartford Fire Department will soon be charging insurers for other emergency services it provides. The department, in the next week or so, will begin billing insurance...
Insurer Group Names Mo. Executive as State Advocacy Committee Chair
Apr 7 2006 // The National Association of Mutual Insurance Companies has named Kent Osborn, treasurer of the Mo.-based Cameron Mutual Insurance Company, as the new chair of its state advocacy committee. Osborn has been selected to serve...
Largest Medical Malpractice Insurer in Ill. to Cut Premiums by 5.2 Percent
Apr 7 2006 // Illinois’s ISMIE Mutual Insurance Company, the state’s largest medical malpractice insurer, announced this week that it will cut its average premiums by 5.2 percent starting July 1, 2006. The announcement by...
State Farm Goes Hollywood with Sponsorship of Major Film Production
Apr 6 2006 // Bloomington-Ill.-based State Farm Insurance has announced that it is the first property and casualty insurer to be a sponsor of a major film promotion. State Farm will play a major role in introducing the public to CARS,...
Neb. Autobody Assn. Study Finds Consumers Hesitant to File Auto Claims
Apr 6 2006 // Findings in a study by the Nebraska Autobody Association found that consumers were disinclined to file automotive claims with their insurance company. Sixty-four percent of survey respondents said they would generally feel...
N.Y. Report: More Medical Patients Winning Coverage Appeals
Apr 6 2006 // A new report shows that more New Yorkers are challenging and winning reversals of decisions that deny them insurance coverage for certain medical conditions. A new report chronicles the increased utilization of New York...
La. House Committee Would Allow More Time to Sue Insurers
Apr 6 2006 // Consumers should have up to two years to file lawsuits against their insurance companies after a disaster declared by the governor, instead of the maximum one year now in effect, a Louisiana House of Representatives...
Texas Producer Awarded Central Insurance Companies Scholarship
Apr 6 2006 // Kendall Ewan, vice president of Marketing for Evans, Ewan and Brady Insurance Agency Inc., of Georgetown, Texas, was recently awarded one of 10 scholarships from Central Insurance Companies. The national award is part of...
Insurer Group Disappointed in Defeat of Okla. Tort Reform Measure
Apr 6 2006 // The American Insurance Association (AIA) expressed disappointment that one of the most contested issues in the Oklahoma Legislature for the past several years—tort reform—has been defeated. “In a classic battle...
Consumer Groups Allege Insurance Wind Models More Politics Than Science
Apr 6 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Ind. Supreme Court Addresses Attack on Compensation Rating Bureau
Apr 5 2006 // The Insurance Institute of Indiana and the National Association of Mutual Insurance Companies applauded the decision by the Indiana Supreme Court to deny transfer on a case filed against the Indiana Compensation Rating...
