Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurers, Agents Debate Insurance Issues at CEO/Agency Conference
Nov 12 2002 // Nearly 100 insurance representatives from companies and agencies attended the 2002 CEO/Agency Conference at the Albany Marriott on Thursday. The conference, which featured a panel of both company representatives and...
China Party Congress May Ease Rules for Foreign Insurers
Nov 12 2002 // The Congress of the Chinese Communist Party, currently being held in Beijing, is expected to result in the retirement of many of the party’s present leaders, and the inauguration of a new generation, generally...
INSURER ARSON REPORTING AND IMMUNITY LAWS COMPENDIUM UPDATED
Nov 11 2002 // The Insurance Committee for Arson Control (ICAC) a non-profit insurance industry organization dedicated to arson control, has brought a 20-year old compendium of state arson reporting laws into the digital age of...
Airlines Look to Provide Their Own War and Terrorist Coverage
Nov 11 2002 // More than a year after Sept. 11, the U.S., the European Union (EU) and many other countries are still working on ways to provide adequate insurance coverage for their air carriers. While several plans have been suggested,...
Dramatic Market Change Hits Professional Liability
Nov 11 2002 // For most law firms, 2002 and 2003 will be challenging years in respect to securing professional liability insurance. The “new market” is similar to that of the mid-’80s and has caused consolidation of...
New Reports Prescribe Remedies for Ailing Market
Nov 11 2002 // Three new reports published recently provide a sizeable assortment of diagnoses, prognoses, and remedies for increasingly volatile commercial insurance markets. When viewed as a compiled list of problems and solutions, one...
Demotech’s Financial Stability Ratings® – What Are They All About’
Nov 11 2002 // For the past several months, Insurance Journal readers have viewed articles discussing Demotech’s Financial Stability Ratings®. This article presents additional information on the origin of those ratings. Prior to...
IIABA Urges Insurers to Be Consumer-Friendly with Credit Info. Practices
Nov 11 2002 // As insurers increasingly rely on consumer credit histories and credit-related scores during the underwriting and rating process, the Independent Insurance Agents and Brokers of America (IIABA) is urging companies to...
Federal Terrorism Backstop a Good Public/Private Fit
Nov 11 2002 // Benjamin Franklin wore many hats: statesman, inventor, publisher—even firefighter. In fact, it was his experience fighting fires that made him realize the need to pool financial resources to protect properties and found...
Airlines Look to Provide Their Own War and Terrorist Coverage
Nov 11 2002 // More than a year after Sept. 11, the U.S., the European Union (EU) and many other countries are still working on ways to provide adequate insurance coverage for their air carriers. While several plans have been suggested,...
New Reports Prescribe Remedies for Ailing Insurance Markets
Nov 11 2002 // Three recently published reports provide a sizeable assortment of diagnoses, prognoses and remedies for increasingly volatile commercial insurance markets. 3Q Commercial Market Index The Council of Insurance Agents &...
DIMINISHED VALUE CONSIDERED IN TX
Nov 11 2002 // The National Association of Independent Insurers (NAII) is urging the Texas Supreme Court to review and overturn a lower court ruling requiring personal automobile insurers to pay diminished value under the terms of an...
Federal Terrorism Backstop a Good Public/Private Fit
Nov 11 2002 // Benjamin Franklin wore many hats: statesman, inventor, publisher—even firefighter. In fact, it was his experience fighting fires that made him realize the need to pool financial resources to protect properties and found...
ISO Develops New Claim Diagnostic Service to Benchmark Insurers’ Claims Settlement Practices
Nov 7 2002 // Insurance Services Office, Inc. (ISO) has developed a new claim diagnostic service for liability and workers’ compensation insurance companies to benchmark companywide claims settlement practices and compare those...
China Admits Three More Foreign Insurers
Nov 4 2002 // Chinese regulators have given the green light to three more foreign companies to set up operations in the country. Licenses have been approved for the U.S. Liberty Mutual, the U.K.’s Standard Life, and a company...
NAII Urges Texas Supreme Court to Overturn Diminished Value Ruling
Nov 1 2002 // The National Association of Independent Insurers (NAII) is urging the Texas Supreme Court to review and overturn a lower court ruling requiring personal automobile insurers to pay diminished value under the terms of an...
Michigan’s OFIS Cites Company Violations of Home Insurance Laws
Nov 1 2002 // The Michigan Office of Financial and Insurance Services (OFIS) announced that it is investigating a number of consumer complaints into potential violations of Michigan’s homeowners insurance law. The bulletin said it...
Moody’s Expecting Modest Losses for P/C Insurers’ Investment Portfolios
Nov 1 2002 // Moody’s reports that further decline is likely for many U.S. P/C insurers’ investment portfolios because of credit losses resulting from exposure to troubled companies. However, in the newly released report,...
Pollard Elected NAII Chairman
Oct 31 2002 // William Pollard, executive vice president and general manager of the North Carolina Farm Bureau Mutual Insurance Company was elected chairman of the Board of Governors of the National Association of Independent Insurers...
A.M. Best Reports Med-Mal Crisis Adding to Health Insurer Woes
Oct 30 2002 // Rising medical-malpractice insurance premiums for doctors and hospitals are adding to already budget-busting medical-cost inflation, according to the special report, “The Impact of the Med-Mal Insurance Crisis on...
