Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It
Mar 11 2003 // WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It A Paperback Original By Vicki Lankarge What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback) is the complete guide...
What Every Home Owner Needs to Know About Mold
Mar 11 2003 // What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback by Vicki Lankarge) is the complete guide to dealing with mold in your home – the asbestos of the new millennium. Toxic mold...
A.M. Best Places Rating of The Underwriter Insurance Company Under Review
Mar 11 2003 // A.M. Best Co. announced that it “has placed the financial strength rating of A- (Excellent) of The Underwriter Insurance Company Limited (TU), United Kingdom, under review with negative...
P/C INSURERS EXPECTED TO PAY $5.8B FOR INSURED PROPERTY-LOSS CATASTROPHE LOSSES
Mar 10 2003 // U.S. property/casualty insurers are expected to pay an estimated $5.8 billion in insured property-loss claims from catastrophes last year, making 2002 the fourth-lowest year in losses in the last 10, according to...
Insurance Still on the Table at the 78th Texas Legislature
Mar 10 2003 // As promised, the 78th Texas Legislature is on a roll with insurance reform, with one bill having been signed into law and many more in committees or on their way to the House and Senate floors. Among the proposed...
CLEAR AS MUD
Mar 10 2003 // According to the National Association of Independent Insurers (NAII), unless a claim is filed, workers’ compensation insurers would not know if an insured employee’s name is included in the infamous Specialty...
Lost at Sea: Hardening Marine Market Challenges Agents and Brokers
Mar 10 2003 // Marine insurance is, as Insurance Journal put it last year, “a unique animal.” The belly of the beast consists of cargo and yacht coverage, which account for 50 percent of U.S. written premium. But another...
TRIA – a Flood of Paper, a Trickle of Buyers
Mar 10 2003 // December is the most dreaded month for a surplus lines broker. In addition to all the 12/31 and 1/1 renewals, one must deal with underwriters and employees having the gall to go on vacation, holiday parties, holiday...
SC Building Code Bill Gives Insurers Role on Panel
Mar 7 2003 // Nearly nine months of work by the Alliance of American Insurers recently culminated in the introduction of a South Carolina bill, S 449, which would give the insurance industry a voice in shaping the state’s building...
Colo. No-Fault Reform Needs Work, Alliance Says
Mar 7 2003 // A bill aimed at reforming Colorado’s no-fault auto insurance system is poised to pass the House, but misses the mark for significant reform, according to the Alliance of American Insurers. The bill, HB 1225, has...
Segway Hits Walkways as Insurers Address Needs
Mar 6 2003 // The new Segway Human Transporter hits walkways this week, leaving buyers seeking direction on how to protect these futuristic vehicles. Before shipments arrive at buyers’ doorsteps, insurers are working to develop...
NAII Says Alaska Study on Use of Credit Scoring is Flawed
Mar 6 2003 // A study commissioned by the Alaska Insurance Division on the use of credit-based insurance scoring did not find a connection between insurance scores and income or ethnicity. Moreover, the report is riddled with...
Nev. Lawmakers Consider Ban on Insurers’ Use of Credit
Mar 5 2003 // A majority of Nevada consumers would be unfairly penalized by legislation prohibiting insurance companies’ use of credit data in determining rates and making underwriting decisions, according to the National...
Poe Financial Group’s Florida Preferred Approved in Florida
Mar 4 2003 // The Poe Financial Group announced that it’s Florida Preferred Property Insurance Company has received regulatory approval in Florida. Company president Bill Poe Jr. said, “We are pleased to be in a position to...
P/C Insurers’ Premiums Surge $28B in First Three Quarters of 2002
Mar 4 2003 // Premiums earned by the nation’s property and casualty insurers surged $27.8 billion, or 12 percent, during the first three quarters of 2002, to $258.7 billion from $230.9 billion during the same period in 2001,...
S&P’s Report Looks at Multiline Insurers, Guaranties
Feb 28 2003 // Standard & Poor’s has published a report that examines multiline insurers’ willingness to pay financial guaranty claims in a timely fashion. “Events over the past year starkly reinforce the need for...
Montemayor Issues Order on Filing of Residential Rates
Feb 28 2003 // Texas Insurance Commissioner Jose Montemayor issued an order on Feb. 26, 2003 requiring residential property insurers to file with the Texas Department of Insurance rates and supporting information as required in Senate...
First Set of Proposed Regs on Terrorism Insurance to Provide Insurers with More Certainty
Feb 27 2003 // The Alliance of American Insurers (AAI) is applauding the U.S. Department of the Treasury for its reported diligence in issuing the first set of regulations under the Terrorism Risk Insurance Act (TRIA) of...
S&P’s Report Examines Insurers’ Recent D&O Woes
Feb 27 2003 // Reportedly barring a divine mission to overhaul human nature, corporate folly and wrongdoing will remain a fact of life, but the toll on insurers has intensified sharply, according to a report just published by Standard...
Coalition Says N.J. Drivers Have Fewer Choices
Feb 27 2003 // New Jersey’s insurance crisis reportedly took yet another turn for the worse Wednesday when the New Jersey Department of Banking and Insurance allowed New Jersey Manufacturers Insurance Group, the state’s...
