Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Auditing Legal Bills Without Bloodshed
May 27 2002 // As a coverage lawyer who has audited legal bills, and had his own legal bills audited, I believe there are very few subjects as fraught with tension and concern for both the carrier and insurance defense counsel (and...
Camps Can Be Overnight Success For Experienced Insurers
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on...
Politics of a Long, Hot Summer
May 27 2002 // Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general...
Insurers Focused on Credit Scoring During 2002 Missouri Legislative Session
May 27 2002 // Outside of credit-based insurance scoring, which was the subject of extensive negotiations, the state legislative session that concluded last week passed few matters of concern to the insurance industry, according to the...
Watch the Skies, Weather Still Causing Trouble for Homeowners Markets
May 27 2002 // For the past year, while the Texas homeowners insurance market reeled from the effects of mold claims on premium (and still does), homeowners markets in other states have begun bracing themselves for similar nightmare...
Politics of a Long, Hot Summer
May 27 2002 // Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general...
Camps Can Be Overnight Success for Experienced Insurers
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on...
Court Cripples Insurers’ Med. Bill Audits
May 27 2002 // A Texas appellate court has ruled that insurers have no authority to audit medical bills, a move that could hobble their ability to prevent fraud and keep down workers’ compensation costs, according to the American...
Camps Can Be Overnight Success for Experienced Insurers
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on...
NAII Says Calif. Mold Legislation Is Wrong
May 24 2002 // California state senators advanced legislation May 23 that would forbid insurance companies from restricting mold coverage in property and liability policies. In a 21-11 vote, the California Senate passed Senate Bill 1763,...
Calif. DMV Hit with Insurers’ Lawsuit
May 24 2002 // California’s Department of Motor Vehicles (DMV) was hit with a lawsuit May 22 by a number of insurance associations wishing to halt a fee hike that would reportedly double the price for motor vehicle reports. Filed...
Insurers Damaged by Spring Storms
May 24 2002 // According to the Insurance Services Office (ISO), U.S. insurers will pay out $700 million for damage from storms that wrecked havoc through 17 states at the end of April. The losses are the largest to hit the country since...
S&P Maintains Negative Outlook on Japan’s P/C Insurers
May 23 2002 // Standard & Poor’s announced that its outlook on Japan’s non-life insurance industry remains negative following the release this week of insurers’ financial results for fiscal 2001. “Earnings...
Credit-based Score Legislation Dies as Alaska Legislature Adjourns
May 23 2002 // Skirmishing over credit-based insurance scores occupied much of the attention of the 2002 Alaska legislative session that ended last week with legislators failing to come to any agreement on the issue. The Legislature then...
ACORD Notes Performances of Companies, Individuals at 2002 Conference
May 23 2002 // Orlando—The 2002 ACORD Conference “Real World Solutions” wrapped up May 21 with a host of companies and individuals taking home awards for their performances over the last year in the industry. Among the...
Atty. General Asks Mich. Insurers to Explain
May 20 2002 // Attorney General Jennifer Granholm has released the results of a statewide survey her office conducted into the practice of insurance redlining in Michigan. In releasing the results—which showed disparities in auto...
Insurers Detour Major ‘Hits’ In Final Minutes of Colo. Session
May 20 2002 // The insurance industry emerged from the just-concluded state legislative session in Colorado with few significant “hits” although the one-year extension of the no-fault auto insurance law was longer than most...
Study Says Mich. Retailers Fund Outperforms Other Workers’ Comp Insurers
May 17 2002 // The Michigan Retailers Association (MRA), based in Lansing, Mich., announced that its self-funded workers’ compensation insurance program, Retailers Fund, is doing a significantly better job than other workers’...
ISO’s New Auto Loss-History Database Offers Insurers Comprehensive Information for Assessing Auto Po
May 17 2002 // Insurance Services Office, Inc. (ISO) has launched its new Automobile-Property Loss Underwriting Service (A-PLUSTM) database to provide insurers, brokers and agents comprehensive automobile loss information, so they can...
S&P Warns Insurers on Disputing Financial Guarantees
May 15 2002 // Standard & Poor’s has issued a statement warning that insurers who dispute claims payments on financial guarantee contracts, even in fraudulent cases, could now have their counterparty credit, insurer financial...
