Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Best Rates U.K.’s Hiscox, Lloyd’s Syndicate, Bermuda Start-Up
Dec 19 2005 // A.M. Best Co. has announced its credit ratings on U.K. specialist and Lloyd’s insurer Hiscox plc. and its operating entities. It affirmed the financial strength rating (FSR) of “A-” (Excellent) and the...
Update from the Gulf Coast: A Policyholder’s Perspective
Dec 19 2005 // Which Came First: the Chicken, the Egg or the Hurricane? While debates wax and wane in newspaper headlines, the harsh reality for thousands of policyholders in the wake of Hurricane Katrina centers around an age-old issue:...
Insurance Commissioners Push Framework for National Cat Program
Dec 19 2005 // Insurance regulators, on the heels of the National Catastrophe Insurance Summit in Burlingame, Calif., in November, are peddling the framework for a national catastrophe insurance program they say would protect U.S....
Guy Carpenter Study: U.S. Tort System Less Hostile to Corporate Defendants, Their Insurers
Dec 19 2005 // Guy Carpenter & Company Inc. reported the release of a new study, Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry, on key legislative and judicial developments and their impact on the U.S....
Role of Government, All-Perils Policy Among Sticking Points Cited by Insurers
Dec 19 2005 // Role of Government, All-Perils Policy Among Sticking Points Cited by Insurers Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue...
Eurpoean Collector, Insurer Addresses ‘Art Basil’ in Miami Beach
Dec 19 2005 // The trials and tribulations of maintaining and insuring a well-known corporate art collection, from bombings by the IRA, to being stolen by builders and damaged when cleaners sprayed paintings with window cleaner, were...
A House Divided: Independent Counsel After Frank’s Casing
Dec 19 2005 // If a house is divided against itself, that house will not be able to stand.” “No man can serve two masters.” These two maxims underlie a central tenet of the attorney/client relationship: The client is...
Insurers Urged to Assess Climate Change Risks
Dec 19 2005 // State treasurers and controllers from around the country are urging major insurance companies to analyze and disclose their financial risk from climate change, warning that higher rates and loss of coverage are...
Words Mean a Lot in Vows Between Program Administrators and Carriers
Dec 19 2005 // As in a marriage, if you’re in a good relationship, you never have to consider the contract. But if things go badly, words mean everything,” Greg Thompson, president of THOMCO brokerage in Kennesaw, Ga., told...
Industry Voices Concerns Over National Insurance Catastrophe Plan
Dec 19 2005 // Role of Government, All-Perils Policy Among Sticking Points Cited by Insurers Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue...
The Ins and Outs of Claims-Made Policies
Dec 19 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies,...
Mutuals’ SOX Success
Dec 19 2005 // The insurance industry effects real public policy change when our arguments are based on principle. Presented in an assertive, thoughtful and focused manner, we can succeed. Recent developments in the National Association...
Potential for Avian Flu Pandemic Casts a Frightening Shadow Over Insurers
Dec 19 2005 // The possibility of a global avian flu outbreak is haunting insurers–property/casualty, life and health–and it appears that there’s not much they can do to mitigate losses prior to a...
The Ins and Outs of Claims-Made Policies
Dec 18 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies,...
Mutuals’ SOX Success
Dec 18 2005 // While NAMIC may stand virtually alone, our position has received vital support from the chairmen of the U.S. House Financial Services Committee and state legislative groups. The insurance industry effects real public...
At the same time, the defense lawyer owes complete loyalty to the insured/defendant. The carrier is paying the bill, but
Dec 18 2005 // If a house is divided against itself, that house will not be able to stand.” “No man can serve two masters.” These two maxims underlie a central tenet of the attorney/client relationship: The client is...
Duty to or Non Duty to Defend: What is the Best Defense Provision?
Dec 18 2005 // As insurance professionals, we are all familiar with “duty to defend” language commonly associated with general liability policies. But are you familiar with, or did you even know there is, “non duty to...
Industry Voices Concerns Over National Insurance Catastrophe Plan
Dec 18 2005 // Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue with elements of the draft proposal that was aired during the recent meeting...
Potential for Avian Flu Pandemic Casts a Frightening Shadow Over Insurers
Dec 18 2005 // The possibility of a global avian flu outbreak is haunting insurers-property/casualty, life and health-and it appears that there’s not much they can do to mitigate losses prior to a pandemic. Nevertheless, carriers...
Industry Voices Concerns Over National Insurance Catastrophe Plan
Dec 18 2005 // Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue with elements of the draft proposal that was aired during the recent meeting...
