Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
North Dakota’s SB 2186 Should Be a Template for NAIC Model
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...
Insurers Decrease Calif. Workers’ Comp Rates as Reforms Take Effect
Jun 20 2005 // Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
Insurers Decrease Calif. Workers’ Comp Rates as Reforms Take Effect
Jun 20 2005 // Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
States Say Joint Bank-Insurer Regulatory Efforts Pay Dividends
Jun 20 2005 // Joint efforts of insurance and banking regulators over the past several years have provided the foundation for effective communication and coordination between the state insurance departments and the Federal Reserve...
Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
Jun 20 2005 // Contingent commissions based on insurer profitability align the interests of independent agents, brokers and the insurer so correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new...
States Close In on Finite Reinsurance Disclosure Requirements
Jun 20 2005 // State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early June. As they did,...
Enhanced Online Policy Access
Jun 20 2005 // The Drive Group of Progressive Insurance Companies expanded its partnership with Strategic Insurance Software to implement a real-time interface, using ACORD XML standards, that provides independent agents and brokers...
U.S. commercial insurers earn big
Jun 19 2005 // At the midpoint of 2006, many commercial insurers are generating exceptional earnings, according to an article published by Standard & Poor’s Ratings Services. The article, which is titled “U.S. Commercial...
Mass. Diocese Seeks Ruling on Insurers’ Share of Sex Abuse Claims
Jun 17 2005 // The Diocese of Springfield, Massachusetts is asking a judge to determine how much of a burden the diocese’s insurers should bear in paying for settled sex abuse claims as well as determine their financial...
Ill. AG Tracks Down ‘Storm Chaser’ Roofing Company
Jun 17 2005 // Illinois Attorney General Lisa Madigan has filed suit against a Cook County roofing company that last year allegedly swept into neighborhoods damaged by recent storms and accepted nearly $49,000 in deposits and total...
TDI Seeks Public Input on Claims-based Premium Changes by Insurers
Jun 16 2005 // The Texas Department of Insurance announced it is seeking public commentary on Article 5.43 and Section 551.107, as amended by the 79th Texas Legislature, regarding claims-based premium increases and decreases. TDI said...
Agent Leader Rusbuldt Speaks Out Against Hodgepodge of Disclosure Rules by Insurers
Jun 16 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, Military at Odds over Workers’ Comp Program for Civilian Contractors
Jun 15 2005 // Several media outlets reported this week that the Defense Department is looking to revamp a controversial $5.5 billion workers’ compensation insurance program for its civilian contractors overseas after reportedly...
ACIC Opposes Small Claims Court Legislation
Jun 14 2005 // The Association of California Insurance Companies (ACIC) is opposing Small Claims Court legislation that would hurt consumers by reducing the ability of insurers to represent their policyholders in court. Jeff Fuller,...
National Flood Insurance Program Recognizes Southern Family Insurance’s Contributions
Jun 14 2005 // Tampa, Fla.-based Southern Family Insurance Company, a member of Poe Financial Group, was recognized by the National Flood Insurance Program during its recent annual conference in Marco Island, Fla. Southern Family...
PCI Reports Mixed Emotions on Key Mass. Bills
Jun 14 2005 // The Property Casualty Insurers Association of America (PCI) expressed mixed emotions Tuesday concerning numerous insurance-related bills that were introduced in the Massachusetts Legislature’s Financial Services...
Unum, HRH Boston Affiliate Settle for $1.3M Over Contingent Fees
Jun 14 2005 // A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in...
Insurers Claim N.J. Supreme Court Ruling is Setback for Auto Market
Jun 14 2005 // Insurance companies are blasting a decision by the New Jersey Supreme Court that they say undermines ongoing efforts to revive the private auto insurance market in the state and jeopardizes cost savings promised to...
