Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurers Will Pay Nearly $70 Million In New Mexico Brush Fire
May 30 2000 // Insurers will pay an estimated $70 million on more than 6,000 claims resulting from the Cerro Grande, N.M. wildfire that raged out of control for nearly three weeks after it was ignited by the National Park Service,...
SCHOOL RULES FOR THE NEW MILLENNIUM: School Districts Face New Risks from the Playground to the Clas
May 29 2000 // With the new millennium comes a complex array of challenges to America’s public schools. Among them are the need to improve academic performance, reduce overcrowded classrooms, meet the needs of a growing number of...
S&P Has Negative Outlook on German P&C Insurers
May 22 2000 // Citing consistent downward trends over the last three years, Standard & Poor’s Rating’s Services forecasts problems for German P&C insurers. “Underlying performance in the German...
E-commerce, New Auto Policy Rules Top Arizona’s 2000 Legislative Session
May 16 2000 // Highlights of the otherwise quiet 2000 legislative session for insurers in Arizona included the passage of House Bill 2069 and Senate Bill 1130–two laws that will help further online insurance sales and modify auto...
A BRIEF HISTORY OF AUTOMATION: The Past, Present and Future of the Industry
May 15 2000 // In 1981, IBM introduced its personal computer (PC) for use in the home, office and schools. Prior to that time, there had been several MS-DOS compatible personal computers that ran DOS programs. As computers became more...
Slavery & InsuranceExamining slave insurance in a world 150 years removed
May 15 2000 // Recently, in March 2000, Aetna, the nation’s largest health insurer, was criticized for participating in slave insurance 150 years ago. Aetna apologized and expressed its “deep regret” over participating...
Film producer George Litto has sued French insurer AXA Re for revoking two insurance contracts that
May 15 2000 // article
E-Commerce initiative Work to Steadily Transfirm the Industry
May 15 2000 // Insurers have been inundated by a flood of e-commerce initiatives and cataclysmic scenarios about the transformation which technology is set to bestow (or impose) on the industry. The reality becomes clearer every day....
Insurers Voice Concern For Oregon W/C
May 15 2000 // An Oregon House Interim Committee heard testimony on April 27 with respect to what is perceived by a number of insurance industry analysts and major trade organizations as a state of deterioration in the workers’...
AFLAC Japan To Start Internet Insurer
May 11 2000 // AFLAC Japan, a member of AFLAC Inc. group of companies, announced plans to start an on-line insurance company in partnership with NTT Communicationware Corp. Ltd. “The new venture, to be called aflacdirect.com, will...
Swiss Insurers To Pay $50 Million to Holocaust Fund
May 11 2000 // Four Swiss insurance companies have pledged a total of $50 million to a Holocaust fund set up by Swiss banks in 1998 after negotiations with representatives of survivors and their descendants. Swiss Re, Helvetia Patria,...
AIG Life Insurer To Team With WorldCare For E-Medical Services
May 10 2000 // American Life Insurance Co. (ALICO), a member of the AIG Group, announced plans to team with Internet health care provider WorldCare, Inc. to offer global medical services through a consortium of health care...
A Good 1st Quarter For International Insurers, As Earnings Reports Show Increase
May 10 2000 // ACE Ltd. isn’t the only insurance company to see earnings increase in the 1st quarter. Despite some difficulties, notably the December storms in Europe, most earnings reports have been positive. It seems most of the...
S&P Places Workers’ Comp Insurers on WatchNeg
May 10 2000 // Standard & Poor’s has placed its ratings on several insurance companies with significant exposure to the California workers”comp market on CreditWatch with negative implications. These rating actions,...
Insurers Consider “Love Bug’s ” Bite
May 9 2000 // From Los Angeles to London, last week’s “Love Bug” computer virus has generated a lot of speculation over the extent of the losses caused to business, and to what extent they were covered by insurance. So...
Japanese P/C Insurer Unable to Pay Debts, Ceases Operations
May 2 2000 // Daiichi Mutual Fire and Marine Insurance Co. ceased operations on government orders, after the company was unable to pay accumulated debts which exceeded its assets by $485.5 million. It was the first Japanese p/c insurer...
On the Road: Insuring RVs
May 1 2000 // It’s not just your grandparents heading down the road in a Winnebago these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver, bullet-shaped...
Mergers, Acquisitions All Too Often Accompanied by Lawsuits
May 1 2000 // Along with the skyrocketing merger and acquisition activity during recent years, has come a general, albeit not unanimous, perception of a corresponding increase in M&A-related lawsuits-especially in...
State Farm Exits InsWeb’s Marketplace
May 1 2000 // Effective May 1, State Farm will no longer participate in Redwood City, Calif.-based InsWeb Corp.’s marketplace for auto, term life, homeowners, condominium and renters insurance. According to Dick Luedke, public...
Insuring RVs
Apr 24 2000 // It’s not just your grandparents heading down the road in those Winnebagos these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver,...
