Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
INSURERS BACK MANAGED CARE FOR AUTO:
Jul 4 2005 // The Insurance Institute of Michigan said it supports a legislative proposal that would allow policyholders to choose a managed care option for their medical coverage under the state’s no-fault auto insurance system...
How to Market Program Business to Carriers: Tell All, Honestly
Jul 4 2005 // Target Markets Mid-Year Meeting Program administrators, painfully aware how difficult it can be to get insurance companies to sign on, improve their chances of program success when they tell the complete story of their...
What Lines Program Insurers Like, Dislike
Jul 4 2005 // Insurers’ appetite for targeted insurance programs still favors larger deals and shuns workers’ compensation risks, according to one expert’s analysis of conditions. Benfield Inc. Senior Vice President C....
Target Markets Aims to Win
Jul 4 2005 // Nearly five years ago, a group of program specialists gathered in Tempe, Ariz., for the first summit meeting of a budding industry organization called the Target Markets Program Administrators Association. The brainchild...
Nationwide’s Allied Insurance Looking for Agents in South and East
Jul 4 2005 // The independent agency arm of giant Nationwide Insurance is expanding and looking for agents in the East and South. Allied Insurance now has more than 4,500 independent agency locations in the West and Midwest. It began...
International Newsbriefs
Jul 4 2005 // EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of...
Laying the Groundwork for New Insurance Programs
Jul 4 2005 // While many new insurance program ideas emerge from various sources, very few result in the actual formation of a program. It is generally only those that are well-thought-out, include substantive information, and are...
For Mutuals, SOX Rules Don’t Fit
Jul 4 2005 // Crucial differences between public and mutual insurers cause the National Association of Mutual Insurance Companies to oppose the National Association of Insurance Commissioners’ proposal to embed in state insurance...
What is Finite Risk Reinsurance? A Definitive Explanation
Jul 4 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope, creating the need to re-examine this reinsurance product, but more importantly determine its role in the...
Disclosure, Marketing Dominate Young Brokers and Agents Conference
Jul 4 2005 // Agents and brokers must unite and work together so that their industry is able to flourish despite recent challenges involving broker disclosure, participants learned at IBA West’s Young Brokers and Agents Conference...
CAS Attendees Hear of Positive Trends from Calif. Workers’ Comp Reforms
Jul 4 2005 // Insurers, and especially self-insurers, are seeing positive trends as a result of the workers’ compensation reforms in California, experts on the subject told attendees at the recent Casualty Actuarial Society Spring...
Insurers Holding the Price Line – for Now
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty, and reinsurance executives say that underwriting...
ACIC OPPOSES SMALL CLAIMS COURT LEGISLATION:
Jul 4 2005 // The Association of California Insurance Companies is opposing Small Claims Court legislation that would hurt consumers by reducing the ability of insurers to represent their policyholders in court. Jeff Fuller,...
Va. Chief Insists SOX Debate Must Go On Despite Insurers’ Protests
Jul 4 2005 // The debate over insurance company financial reporting should center on the value of what is being reported by insurers and the effort to change the reporting rules must go on despite opposition by some, according to the...
Agent Leader Hits Hodgepodge of Disclosure Rules by Insurers
Jul 4 2005 // While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves...
Insurers Holding the Price Line-For Now
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
News Briefs
Jul 4 2005 // ILLINOIS Feds Subpoena CNA on Finite Reinsurance: Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite...
For Mutuals, SOX Rules Don’t Fit
Jul 4 2005 // Crucial differences between public and mutual insurers cause the National Association of Mutual Insurance Companies to oppose the National Association of Insurance Commissioners’ proposal to embed in state insurance...
AIA Seeks to Improve N.C. Security Breach Legislation
Jul 4 2005 // Well-intentioned legislation aimed at fighting broad-based identity theft needs several changes before it can work effectively for property/casualty insurance policyholders, according to Raymond G. Farmer, Ameri-can...
News Briefs
Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...
