Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Nationwide’s Allied Insurance Looking for Agents in Eastern States
Jun 22 2005 // The independent agency arm of giant Nationwide Insurance is expanding its reach and looking for agents in the East and South. Allied Insurance, which currently has more than 4,500 independent agency locations in the West...
Conning: ‘Right States’ Approach Works for P/C Insurers
Jun 21 2005 // Statistics offer justification of the “Right States” approach utilized by property casualty insurers – to a point, according to a new study by Conning Research and Consulting Inc. “Our analysis of...
CAS Attendees Hear of Positive Trends from California Workers’ Comp Reforms
Jun 21 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 (CAS)...
NEVADA LEGISLATURE WRAPS UP SESSION:
Jun 20 2005 // The Nevada Legislature wrapped up its session recently, passing a number of insurance-related bills. Bills signed into law include: AB 137, signed into law on June 6, requires an insurance company to give a claimant a...
Cold War Erupts in Mass. Over Governor’s Auto Insurance Reforms
Jun 20 2005 // A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and...
News Briefs
Jun 20 2005 // MASSACHUSETTS CAR NAMES COMMERCIAL CARRIERS: Commonwealth Auto Reinsurers has advanced its new commercial auto limited servicing carrier program by selecting the six carriers that will service this residual market business...
For Mutuals, SOX Rules Don’t Fit
Jun 20 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...
Appraisal is Often Best Remedy for Claim Disputes
Jun 20 2005 // As someone who makes his living by representing people who sue each other, it may sound odd for me to say, but it’s true-a lawsuit is not the answer to every dispute. A case in point is a typical dispute over the...
What is Finite Risk Reinsurance? A Definitive Explanation
Jun 20 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope which creates the need to re-examine this reinsurance product, but more importantly determine its role in...
News Briefs
Jun 20 2005 // INDIANA Commissioner Withdraws Controversial ‘Sole-Use’ Bulletin Indiana Insurance Commissioner Jim Atterholt has withdrawn a bulletin that interpreted the “sole-use” provision of the state’s...
North Dakota Sets Example on Loss-History Databases
Jun 20 2005 // Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common-sense protections against unfair underwriting and rating actions by insurers because of information in loss history...
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization...
Insurers Dodge $500 Million Fox River Cleanup Tab-For Now
Jun 20 2005 // A coalition of carriers that insured Wisconsin’s paper manufacturers have, for now, successfully defeated a legislative effort that would have forced them to pick up the estimated $500 million tab to clean up the...
News Briefs
Jun 20 2005 // ALABAMA DOI Lists Insurance Providers A list of insurance companies, agencies and agents writing property insurance in coastal areas of Alabama, including Mobile and Baldwin counties became available June 13, thanks to the...
By Wes Bailey
Jun 20 2005 // Nobody Ever Said That Life or the CGL Policy Was Fair! I was recently teaching a seminar dealing with the details of the Commercial General Liability Policy, and a participant attending the seminar made a very interesting...
People
Jun 20 2005 // Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June...
Texas Homeowners May See Slightly Lower Rates
Jun 20 2005 // Some Texas homeowners could see lower insurance rates this year, the Associated Press and Houston Chronicle reported. Record low loss ratios reported by Texas homeowners insurers in 2004 prompted the Texas Department of...
Nationwide’s Allied Insurance Looking for Agents in East and South
Jun 20 2005 // The independent agency arm of giant Nationwide Insurance is expanding its reach and looking for agents in the East and South. Allied Insurance, which currently has more than 4,500 independent agency locations in the West...
By Stephanie K. Jones
Jun 20 2005 // Trials and Tribulations in Neverland (Oklahoma) Almost everyone did something wrong in Neverland-Neverland, Oklahoma, that is. This story begins and ends in the District Court of Neverland-where a mock trial put on by the...
Think Moderation on Loss History Reports Regulation
Jun 20 2005 // Homeownership is considered the centerpiece of the American dream. Homeowners insurance enables individuals and families to protect what is likely to be their single largest asset. Before finalizing their purchase, most...
