Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
A.M. Best: P/C Insurers Report Strong Gains for First Half of 2005
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
Closing Conn. Truck Loophole Easier Said Than Done, Insurers Warn
Oct 17 2005 // Insurance officials have warned Connecticut lawmakers that there is no easy way fix to a legal loophole that allowed a Bloomfield trucking company involved in a deadly July crash to operate without liability...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
Growing a Niche in the Bed and Breakfast Industry
Oct 17 2005 // As leaves begin to fall in the Midwest, city dwellers are making an exodus to quaint towns like Galena, Ill. and Dubuque, Iowa to soak up the autumn colors and ambiance. For many, their stays center around a country inn or...
Brian Sullivan: The Industry is Changing — Really
Oct 17 2005 // Although we’ve heard it many times before, the insurance agency business is on the cusp of huge changes, driven in part by technology, a host of new and better insurance products and increased stability on the part...
POLICYHOLDERS OF INSOLVENT INSURERS RECEIVE $386 MILLION
Oct 17 2005 // California Insurance Commissioner John Garamendi has announced that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
Growing a Niche in the Bed and Breakfast Industry
Oct 17 2005 // As leaves begin to fall in the Midwest, city dwellers are making an exodus to quaint towns like Galena, Ill. and Dubuque, Iowa to soak up the autumn colors and ambiance. For many, their stays center around a country inn or...
Editor’s Note: Katrina Brought Out the Good, Bad
Oct 17 2005 // National and state insurance associations are to be congratulated for contributing funds, supplies and manpower to thwart the after-effects of Hurricane Katrina; while Mississippi politicians, including Attorney General...
Livestock and Equine Mortality: A Texas Niche and a Late Notice Trap
Oct 17 2005 // Insureds under livestock and equine policies need to be familiar with the policy conditions and strictly comply with the policy conditions. Texas has been the source of much of the law, nationally, in regard to...
Brian Sullivan: The Industry is Changing – Really
Oct 17 2005 // Even though we’ve heard it many times before, the insurance agency business is on the cusp of huge changes, driven in part by technology, a host of new and better insurance products, and increased stability on the...
California Workers’ Comp Overhaul Sets Stage for Nationwide Reforms
Oct 17 2005 // The broad reforms in California’s workers’ compensation system serve as an example for the nation, as employers and insurers in the state are getting sizeable financial relief from runaway workers’...
News Briefs
Oct 17 2005 // California Judge throws out $700 million jury award in Executive Life Suit A federal judge has thrown out a $700 million (euro586 million) award for punitive damages won by the state of California in a lawsuit stemming...
Brian Sullivan: The Industry is Changing – Really
Oct 17 2005 // Although we’ve heard it many times before, the insurance agency business is on the cusp of huge changes, driven in part by technology, a host of new and better insurance products and increased stability on the part...
News Briefs
Oct 17 2005 // Katrina Churns in $34.4B in Losses: Hurricane Katrina is expected to cost U.S. property/casualty insurers an estimated $34.4 billion in insured property losses, making it the costliest U.S. catastrophe ever, according to...
Health Insurance Companies Must Continue Coverage in La.
Oct 16 2005 // Louisiana Commissioner of Insurance Robert Wooley has ordered health insurance companies in Louisiana to keep covering victims of Hurricane Katrina, even if they cannot pay their premiums, according to the Associated Press...
California Supreme Court Upholds Insurance Commissioner’s Authority
Oct 14 2005 // The California Supreme Court ordered to “de-publish” a Court of Appeal ruling — AIA vs. Garamendi — often touted by insurance companies as limiting the regulatory authority of the Insurance...
NAMIC Welcomes New Board Members
Oct 14 2005 // The board of directors of The National Association of Mutual Insurance Companies (NAMIC) welcomed 10 new members during the board’s quarterly meeting in Phoenix, Ariz. “These new members add even more depth to...
NAMIC Not Part of Group Submitting Alternate Proposal to NAIC on SOX-Like Internal Control
Oct 13 2005 // Maintaining its position that such measures are unwarranted for mutual insurers, the National Association of Mutual Insurance Companies (NAMIC) was reportedly not part of an industry interested parties’ group...
Canadian Insurers Launch Toll-Free Crime Hotline for Consumer Tips
Oct 12 2005 // A bulletin from the Insurance Bureau of Canada gives details of a new anti-crime initiative, designed to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes related...
