Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Rightfield Solutions Joins with Pa. Insurer in Fight Against Rising Med-Mal Claims
Jul 22 2004 // An agreement announced recently by executives with Professional Casualty Association (PCA), a provider of insurance coverage to physicians in Pennsylvania, and Rightfield Solutions LLC, developers of Emmi, Expectation...
Survey: Carrier Performance Falls Short of Expections
Jul 21 2004 // Ease of doing business with carriers is critical to the productivity—and profitability—of independent insurance agents, says an industry survey. In a recently completed second annual survey, agents reported that...
MI-Assistant: On the Brink
Jul 20 2004 // From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of competitive rating and...
Crop Insurers, Agents Unhappy With New SRA
Jul 20 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement came and went June 30. And while all the 14 insurers who participated in the program...
CONSUMER GROUPS KNOCK MICH. INSURERS’ ‘DISHONESTY’ ON CREDIT SCORING:
Jul 19 2004 // Two consumer advocacy groups released a statement criticizing Michigan auto and homeowners insurers for “false statements” about insurance credit scoring and Gov. Jennifer Granholm’s proposed regulation...
Insurers Warn Over N.Y. Workers’ Comp Rates
Jul 19 2004 // Following last week’s rejection of the industry’s request for a 29.3 percent hike in New York workers compensation rates, insurers have cautioned that the decision could eventually make it tougher for employers...
INSURERS’ RIGHT TO CHOOSE:
Jul 19 2004 // A July 2, 2004 Texas Supreme Court decision will preserve insurers’ ability to properly manage the settlement and defense of insurance claims under liability insurance policies, according to the American Insurance...
California Legislative Committee Takes Action on Homeowners Bills
Jul 19 2004 // The Assembly Insurance Committee took action on several pending homeowners insurance bills in late June. According to the Association of California Insurance Companies (ACIC), consumers will benefit from the recent...
California Annuities Training – Are You Ready for the 12/31/04 Deadline’
Jul 19 2004 // Last summer, when we weren’t looking, the California Legislature passed Senate Bill 620 (SB 620) and enacted new insurance producer training statutes at section 1749.8 of the Insurance Code. This new California law...
MI-Assistant: Midwest Solutions Provider is On the Brink
Jul 19 2004 // From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of comparative rating and...
ISO: INSURERS TO PAY OUT $1.65 BILLION FOR Q2 CAT CLAIMS:
Jul 19 2004 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $1.65 billion for insured property-loss claims from six catastrophes affecting 23 states in the second quarter, according to...
New Specialty Trades Program Looks to Exploit Market Opportunity
Jul 19 2004 // Litigation around the country concerning contractors’ liability for construction defects discovered after operations are completed has made coverage very difficult to come by for specialty trade contractors, but it...
One-on-One with Montana State Fund President Laurence Hubbard
Jul 19 2004 // In recent months, Montana lawmakers have been discussing the state’s workers’ comp system, primarily the existence and function of the Montana State Fund. There has been talk of privatizing the Fund, or selling...
Chubb, National Grange, N.Y. Central Mutual and Sterling Top Performers in PIANY Annual Survey
Jul 19 2004 // Chubb Group, National Grange, New York Central Mutual and Sterling Insurance Co. ranked among the top performers out of 38 evaluated in the second annual company performance survey by the Professional Insurance Agents of...
Construction Defects Burning a Hole through the Residential Contractors Market
Jul 19 2004 // Whether real or imagined, the threat of construction defects litigation has burned through the residential contractors liability insurance market like a California wildfire. Over the past couple of years, contractors and...
Crop Insurers, Agents Unhappy With $36 Million Subsidy Cut for 2005
Jul 19 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s standard reinsurance agreement (SRA) came and went June 30. While all the 14 insurers that participated in the...
N.Y. MED-MAL RATES UP 7%:
Jul 19 2004 // New York Superintendent of Insurance Gregory V. Serio announced that the majority of New York State’s 50,000 physicians will see a 7 percent rate increase in their medical malpractice insurance premiums for the...
Crop Insurers, Agents Unhappy With New SRA’s $36 Million Subsidy Cut
Jul 19 2004 // The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement (SRA) came and went June 30. And while all the 14 insurers who participated in the...
The Guaranty Fund System: A Vital Safety Net
Jul 19 2004 // Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance...
Agents: Insurance Company Markets Aren’t Always Going to Come to You!
Jul 19 2004 // One of the most important things agents can do for themselves and their agency is to maintain positive, healthy working relationships with the carriers with which they place business. Unfortunately, despite their best...
