Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Public Entities: A Specialized Niche
Nov 25 2002 // Take the hard market, combine it with the Sept. 11 tragedy, and mix those two ingredients into an already intricate and compound underwriting process and you’ve got yourself the public entities marketplace. Ask any...
Helping Nonprofits through Difficult Times
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL Capacity
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Public Entities: A Specialized Niche
Nov 25 2002 // Take the hard market, combine it with the Sept. 11 tragedy, and mix those two ingredients into an already intricate and compound underwriting process and you’ve got yourself the public entities marketplace. Ask any...
Helping Nonprofits Through Difficult Times
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
Insurers, Agents Urge NCOIL to Pass Model Act on Credit-Based Scoring
Nov 22 2002 // The Alliance of American Insurers, American Insurance Association (AIA), National Association of Independent Insurers (NAII) and National Association of Mutual Insurance Companies (NAMIC) have called on the National...
Fitch Says Terrorism Bill a Mix Blessing for U.S. Insurers
Nov 22 2002 // Fitch Ratings commented that while the passage of a much anticipated terrorism insurance bill is overall a favorable development for the U.S. economy, and benefits the insurance industry, the passage of the bill will...
Texas Legislators File Bills Targeting Insurers
Nov 21 2002 // Texas state legislators filed a package of eight bills that would introduce new regulations of homeowners and auto insurance in the state. According to the Houston Chronicle and the Associated Press, one bill would require...
ISO’s New Personal Inland Marine Policy Forms Available to Participating Insurers by Year-End
Nov 20 2002 // Insurance Services Office, Inc. (ISO) will introduce a new personal inland marine portfolio of policy forms by year-end 2002. The revisions to the program restructure personal inland marine policy forms and coverage...
NAII Lauds S. Dak. Credit Scoring Rules
Nov 20 2002 // South Dakota’s Division of Insurance has adopted new rules governing the use of credit based insurance scoring that the National Association of Independent Insurers indicates “strikes a balance between...
S&P Raises Czech Insurer’s Ratings to ‘BBB-‘
Nov 20 2002 // Standard & Poor’s Ratings Services announced that, following a review, it has raised its long-term local currency counterparty credit and insurer financial strength ratings on Czech Republic-based composite...
ISO, ALR Announce New System to Report Theft of High-Value Stolen Property by Insurers
Nov 19 2002 // The Art Loss Register (ALR) and Insurance Services Office, Inc. (ISO) announced an enhanced property-loss reporting system that will increase the efficiency of reporting the theft of high-value stolen property by...
AAI Gathering Told Increased Corporate Governance Requirements Will Impact Both Stock and Mutual Insurers
Nov 18 2002 // The strict new requirements of the Sarbanes-Oxley Act of 2002 will impact not only publicly-held insurance companies, but they also set the bar for mutual insurers, according to experts who spoke at the Corporate...
Illinois Court Overturns Decision that Expanded Insurer Liability
Nov 18 2002 // The Illinois’ Appellate Court has reversed a lower court ruling that allowed a plaintiff to collect on underinsured motorist coverage even though a policy option that offered the coverage had been rejected. The case,...
NYC Comptroller, AAI Square off over High Rates
Nov 15 2002 // New York City Comptroller William Thompson Jr. announced the release of a survey showing drastic increases in commercial insurance premiums since Sept. 11, 2001, “One Year Later: The Effects of 9/11 on Commercial...
Illinois’ Biggest Med Mal Insurer to Impose Moratorium on New Business
Nov 15 2002 // ISMIE Mutual Insurance Co., the largest medical malpractice insurer in Illinois, has decided to impose a moratorium on accepting any new business after January 1, 2003. According to a report in the Chicago Tribune ISMIE...
AAI Says NYC Comptroller Shouldn’t Blame Insurers for City’s Problems
Nov 14 2002 // A report issued by New York City Comptroller William Thompson Jr. makes a very compelling argument for the need for a federal terrorism insurance bill, according to the Alliance of American Insurers. But the...
Insurance Journal Online Responds to Carriers’ Requests for Insurance News Feed
Nov 13 2002 // After a number of inquiries from several large carriers for a automated method of providing the Insurance Journal News to their company Intranets Insurance Journal’s Mitch Dunford, associate publisher, Web, and Josh...
I.I.I. Provides Tornado Information, Insurer Hot-Lines
Nov 13 2002 //
