Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Iowa Researchers Say Big Data May Help Improve Trucking Safety
Mar 20 2017 // Helping drivers avoid congestion would increase productivity and improve safety, according to a team of Iowa State University and industry researchers, who believe a solution is using big data technology. The challenge is...
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch
Mar 17 2017 // Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report...
Florida Property Insurers Largely Avoid Downgrades, For Now: Demotech
Mar 17 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning of last month about the effects of assignment of...
Pennsylvania Insurance Commissioner Offers Advice for Winter Storm Damage
Mar 16 2017 // Pennsylvania Insurance Commissioner Teresa Miller is offering tips to consumers whose home or automobile may have sustained damage from this week’s winter storm, according to a press release issued by the...
Author of Texas ‘Hailstorm’ Bill Says ‘Significant Changes’ Made
Mar 15 2017 // The Texas Senate Business and Commerce Committee on March 9 heard testimony on a revised bill that aims to limit the number of policyholder lawsuits filed against property insurance companies following severe weather...
Nodak Completes Mutual-to-Stock Insurance Company Conversion
Mar 15 2017 // Nodak Mutual Insurance Co., based in Fargo, N.D., has completed its conversion from a mutual to stock insurance company and the formation of a mutual holding company Nodak Mutual Group Inc. and an intermediate stock...
Take This Lemonade and Startups: Insurers Garner Record High Satisfaction Grades
Mar 14 2017 // Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year and these claimants are now giving insurers their highest ever satisfaction...
Maine’s MMG Insurance Company Promotes Morgan to Casualty Claims Manager
Mar 14 2017 // MMG Insurance Company, a regional property and casualty insurance company headquartered in Presque Isle, Maine, has promoted Steve Morgan to casualty claims manager, effective March 8, 2017. Morgan joined MMG in 2014 as...
Here is Summary of CBO’s Analysis of Republican Health Care Proposal
Mar 13 2017 // The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimate that enacting the Republicans’ American Health Care Act would reduce federal deficits by $337 billion over the...
Top 10 Highest-Performing Large Commercial Insurers: J.D. Power
Mar 13 2017 // XL Catlin was 2016’s highest-performing large commercial insurer in terms of customer satisfaction, according to the latest J.D. Power study. CNA, Chubb, Berkshire Hathaway Homestate Companies and a pre-merger ACE...
How AIG CEO Hancock Ended Up on Way Out
Mar 10 2017 // Before he lost the confidence of big-name investors and his company’s board members, Peter Hancock squandered the faith of many of his staff. It was November 2015, after a disappointing quarter for American...
Mentor-Driven Global Insurance Accelerator Is Enjoying its Own Growth-Spurt
Mar 9 2017 // A three-year-old Des Moines, Iowa-based business startup accelerator focused solely on the global insurance industry has developed into a streamlined organization with more applicants, more investors and more mentors than...
AIG CEO Hancock to Depart Under Pressure from Icahn, Other Investors
Mar 9 2017 // American International Group Inc. Chief Executive Officer Peter Hancock is stepping down after posting four losses in six quarters, results that hurt investors including activists Carl Icahn and John Paulson. Hancock, 58,...
Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon
Mar 9 2017 // Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia during February, according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model...
Rutgers Law School Project Addresses ‘Use It And Lose It’ in Homeowners Insurance
Mar 8 2017 // A new report by the Rutgers Center for Risk and Responsibility at Rutgers Law School in Camden, N.J., in cooperation with United Policyholders, offers recommendations to state lawmakers in terms of how homeowners insurance...
AIG Plans to Launch Luxembourg-Based Insurer in 2019 in Preparation for Brexit
Mar 8 2017 // American International Group Inc. plans to locate an insurance company in Luxembourg to ensure continued smooth operation of its business across the European Economic Area (EEA) and Switzerland once the United Kingdom...
Insurers, Hospitals Worry Republican Plan Makes Insurance Less Affordable
Mar 8 2017 // The House Republican health insurance plan suggests coverage after Obamacare will be less affordable, insurers and industry experts said on Tuesday, raising questions about whether Americans will enroll and insurance...
Why Allowing Health Insurance Sales Across State Lines Won’t Help
Mar 7 2017 // The effort to replace Obamacare faces increasing challenges, the more it is subjected to the harsh light of scrutiny. A good example is the proposal, apparently central to the Republican replacement plans, to allow people...
Iowa Researchers Say Big Data May Be Answer to Improve Trucking Safety
Mar 6 2017 // Helping drivers avoid congestion would increase productivity and improve safety, according to a team of Iowa State University and industry researchers, who believe a solution is using big data technology. The challenge is...
Chinese Watchdog Weighs Relaxing Rules for Big Insurers’ Overseas M&A
Mar 6 2017 // China’s insurance regulator is considering an industry shake-up that could see the biggest and most solvent firms resuming an overseas expansion, while smaller, riskier insurers would come under tighter scrutiny. The...
