Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Judge Sides with Insurer in Greg Allman Movie Producer Coverage Dispute
Dec 9 2016 // A California federal judge has rendered a ruling on the insurance dispute that emanated from the fatal train accident during the 2014 shooting of the Gregg Allman biopic Midnight Rider in Georgia. In a summary judgment...
Insurers Lobby for Clarity as Republicans Move to Repeal Obamacare
Dec 8 2016 // The largest lobbying group for health insurers has asked U.S. lawmakers weighing the fate of Obamacare to push back the due date for 2018 individual insurance submissions to regulators in hopes of obtaining greater clarity...
Survey: California Leads Nation in Insurers Contracting with Diverse Businesses
Dec 7 2016 // California Insurance Commissioner Dave Jones hailed the results from the first national survey of the insurance industry around supplier and governing board diversity issued today. Insurance commissioners from six states...
Health Insurers Warm to Replacing Individual Mandate with Incentives
Dec 7 2016 // U.S. health insurers signaled Tuesday that they’re willing to give up a cornerstone provision of Obamacare that requires all Americans to have insurance, replacing it with a different set of incentives less loathed...
Tennessee Insurance Department Works With Insurers to Pinpoint Wildfire Claims
Dec 7 2016 // Devastating wildfires that have hit the state of Tennessee, particularly in the City of Gatlinburg, have caused widespread damage, with 656 claims reported to the Tennessee Department of Commerce and Insurance (TDCI) as of...
Keystone Insurers Group Expands into Michigan
Dec 6 2016 // Keystone Insurers Group has expanded to 11 states with the addition of its first partner in Michigan, Saginaw Bay Underwriters. Saginaw Bay Underwriters has offices in Saginaw, Bay City and Midland. Saginaw Bay...
Verisk Teams with Driveway Software on Smartphone Telematics for Autos
Dec 6 2016 // Property/casualty insurance data supplier Verisk Insurance Solutions has formed a strategic alliance with Silicon Valley’s Driveway Software to jointly develop a smartphone telematics product for automakers, insurers...
UK Gov’t Promises Insurers & Banks London Will Stay Top Finance Center – After Brexit
Dec 6 2016 // The U.K. government promised to make sure London keeps its place as the leading financial center after Brexit, following top-level talks between global bank chiefs and senior ministers. U.K. Chancellor of the Exchequer...
Court Delays Appeal Over Obamacare’s Insurer Reimbursements Until After Trump Takes Office
Dec 6 2016 // A federal appeals court on Monday agreed to put on hold until after U.S. President-elect Donald Trump takes office in January the Obama administration’s appeal of a judge’s ruling favoring a Republican...
PCI Viewpoint: Role of Government in Automated Driving Revolution
Dec 6 2016 // The following is the viewpoint of the Property Casualty Insurers Association of America (PCI) submitted to a subcommittee of the Senate Appropriations Committee at a Nov. 16 hearing on “The Automated &...
Florida Supreme Court Rules Against Insurer in Concurrent Loss Case
Dec 6 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the...
Insurers’ Financial Strength, Brokers’ Expertise Drive Satisfaction in Large Commercial Market: J.D. Power
Dec 5 2016 // The profitability of an insurance company and the quality of advice given by an insurance broker makes the most difference when it comes to customer satisfaction for commercial insurance, a new industry study...
Liberty Mutual to Acquire Ironshore from China’s Fosun for $3 Billion
Dec 5 2016 // Liberty Mutual Insurance has agreed to acquire specialty lines insurer Ironshore Inc. from China’s Fosun International Limited. Liberty Mutual will acquire a 100 percent ownership interest in Ironshore. According to...
China’s Insurers Have Major Risk Management Deficiencies, Warns Regulator
Dec 5 2016 // Chinese insurance firms have significant risk management deficiencies, as they overly focus on asset management for profits and growth, a senior official at China’s insurance watchdog said on Saturday. Vice chairman...
How Challenges Create Opportunity in Program Business
Dec 5 2016 // Today’s program administrators continue to face plenty of challenges, including increased competition, high merger and acquisition activity, market pressures for more creative options, and other issues. Those...
2016 State Specialist P/C Insurers Revealed: Demotech
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
Plans Underway for Super Regional P/C Insurer Conference 2017 for C-Suite Professionals
Dec 3 2016 // Insurance Journal and Demotech, Inc. announced that the inaugural Super Regional P/C Insurer Conference will be held July 16-18 2017 at the Grand Geneva Resort & Spa in Lake, Geneva, Wis. The theme of the event is...
California Commissioner Issues Auto Collision Repair Regulations
Dec 2 2016 // California Insurance Commissioner Dave Jones issued new Auto Collision Repair Labor Rate Survey Regulations that he said will increase consumer protections when a damaged vehicle is repaired. The California Department of...
Insurers Praise House Approval of Systemic Risk Reform Bill
Dec 2 2016 // The House of Representatives took a step toward changing the Dodd-Frank financial regulation law by passing a measure that requires that a systemic risk designation be based on more than a financial institution’s...
North Carolina Insurers Want 19.6% Rate Hike for Dwelling Policies
Dec 2 2016 // The North Carolina Rate Bureau (NCRB) has requested a 19.6 percent rate increase on all dwelling insurance policies, according to a statement from the North Carolina Department of Insurance. NCDOI announced Dec. 1 it is...
