Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
California’s new take on wildfire loss models, and what this means for property insurers
Aug 18 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
Carrier Revenue Growth Expected to Outpace Hiring in Next Year
Aug 18 2025 // Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook...
3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
Aug 15 2025 // Homeownership has long been synonymous with the American Dream. And it’s no wonder: owning property allows you to customize where you live, build stability, and, perhaps most importantly, it gives you the opportunity...
Nigeria Gives Insurers a Year to Boost Capital Fivefold
Aug 14 2025 // Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses. The capital threshold for non-life insurers was raised to 15 billion naira ($9.8...
5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
Aug 12 2025 // “Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the...
Update: Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute
Aug 11 2025 // Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder can be asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals...
3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
Aug 8 2025 // This post is part of a series sponsored by Cotality. Homeownership has long been synonymous with the American Dream. And it’s no wonder: owning property allows you to customize where you live, build stability, and,...
Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best
Aug 8 2025 // Last year’s sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance industry in aggregate—and homeowners insurers are sticking to rate increases to keep...
Trenton Diocese Withdraws Lawsuit Against Insurers Over Sex Abuse Coverage
Aug 8 2025 // The Roman Catholic Diocese of Trenton, New Jersey has voluntarily withdrawn its lawsuit against four liability insurers over coverage for sexual abuse claims brought against the diocese under the New Jersey Child Victims...
Florida Judge Blocks State Agency for Citizens Claims Disputes, But Insurer Appeals
Aug 5 2025 // A Florida judge temporarily halted Florida’s Citizens Property Insurance Corp. from sending claims disputes to a state arbitration agency, but a notice of appeal by Citizens automatically suspended the judge’s...
New Law Orders Louisiana Insurers to Show Prior Policy Premiums
Aug 4 2025 // Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder. Louisiana Insurance Commissioner Tim Temple sent an advisory...
South African State Insurer Builds $1.1 Billion Riot Buffer
Jul 30 2025 // South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in...
Texas Auto Insurer for Residual Market Approved for Rate Increase
Jul 30 2025 // The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the Texas Automobile Insurance Plan Association (TAIPA), the state’s...
Top 5 Auto Insurers File for Average 6% Rate Reduction This Year, Florida OIR Says
Jul 29 2025 // Florida may have had some of the highest property and auto insurance rates in the country in recent years, but so far this year, the largest auto insurers have filed for rate decreases averaging about 6%, regulators...
City’s Insurer to Pay $550K for Police Twice Wrongfully Arresting, Jailing Man
Jul 29 2025 // A Rhode Island city’s insurer will pay $550,000 to settle the case of a resident who was twice wrongfully arrested and jailed for a crime he did not commit. The American Civil Liberties Union (ACLU) announced the...
Polish Insurer PZU Eyes Seed Funding Role for Big Polish Projects
Jul 28 2025 // Polish insurer PZU SA envisages playing a key role in attracting financing for the country’s big-ticket energy and infrastructure projects after it completes a merger with Bank Pekao SA. Chief Executive Officer...
UK Hybrid Fronting Insurer Bridgehaven to Acquire Dublin Insurer SureStone
Jul 28 2025 // Bridgehaven Europe Holdings Ltd., the UK hybrid fronting insurer in commercial and specialty lines, has entered into an agreement to acquire the Dublin-based insurer, SureStone Insurance DAC. The deal, for an undisclosed...
Insurer Can’t Sue for Unjust Enrichment by Deceptive Insured, Appeals Court Says
Jul 28 2025 // A decision by a federal appeals court last week shows what limited options insurance carriers have when they discover major misrepresentation by the insured long after claims have been paid. The U.S. 11th Circuit Court of...
Competition Among European P/C Insurers Is Rising, Along With Claims Inflation: S&P
Jul 23 2025 // Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers...
South African Insurer Santam Gets ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
Jul 23 2025 // Santam, the Cape Town, South Africa-based property/casualty insurer, has been granted “in-principle” approval by Lloyd’s to launch a syndicate based in London, which will accelerate the group’s...
