Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Kentucky Auto Insurers Must Use Blue Book or J.D. Power on Vehicle Values, DOI Says
Jul 8 2025 // Auto insurers in Kentucky now have some official guidance and liability protection when determining the value of wrecked vehicles. In keeping with Senate Bill 136, approved on an emergency basis by state lawmakers this...
NC Carrier Sanctioned for Pressing Workers’ Comp Claim it Had Denied
Jul 7 2025 // What happens when an employer and its workers’ compensation insurer deny a claim, then face a wrongful-death tort suit, then attempt to have the comp claim reinstated, going so far as to pay weekly wage amounts to...
Carriers and Principles of Insurance
Jul 7 2025 // Every once in a while, I believe revisiting fundamental industry principles is beneficial. One such essential principle is diversity, especially for insurance carriers. “Diversity” in this case has nothing to...
Connecticut Crumbling Foundation Insurer Seeks $100 Million
Jul 7 2025 // The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s...
Insurers Race to the Starting Line in the Dawn of the AI Decision Era
Jul 3 2025 // Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico...
Only Carrier or Comp Judge Can Determine Compensability, Fla. Appeals Court Says
Jul 3 2025 // An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an...
Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use
Jul 2 2025 // Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on...
How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know
Jul 1 2025 // When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops...
New Carrier Reporting Requirements on Investments, Liquidity, SC DOI Says
Jul 1 2025 // South Carolina’s Department of Insurance is reminding carriers that it may soon give extra scrutiny to liquidity and capital as well as investments in subsidiaries’ securities, thanks to a law approved by state...
China Enlists Commercial Insurers in Bid to Boost Local Biotechs
Jul 1 2025 // China wants commercial insurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning biotech and pharmaceutical sector. Commercial insurers have been encouraged...
‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan
Jun 30 2025 // One of the giant Generali signs that crown the Italian insurer’s head offices in Milan collapsed on Monday, remaining atop the 170 meter-high (558 ft) skyscraper but at risk of crashing to the ground, firefighters...
Two More Insurers Enter Florida Market as Hurricane Season Warms Up
Jun 30 2025 // Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims...
Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report
Jun 26 2025 // Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In...
Insurers Have New Opportunity in Secondary Perils, Swiss Re Says
Jun 24 2025 // Being able to predict the environmental risks that follow a major natural disaster represents an untapped business opportunity for the insurance sector, according to the head of reinsurance firm Swiss Re AG’s China...
Father, Two Sons Charged With Defrauding North Carolina Insurer of Last Resort
Jun 23 2025 // North Carolina authorities have charged a 65-year-old man and his two sons with insurance fraud for allegedly submitting false and exaggerated claims to one of the state’s property insurers of last resort. William...
Insurer Aflac Investigating Possible Data Breach
Jun 20 2025 // Health and life insurer Aflac on Friday said it is investigating a breach on its U.S. network that may have exposed customers’ personal information, making it the latest insurance provider to be targeted in a...
Toyota’s Japanese Insurer Files $361 Million South Africa Claim
Jun 20 2025 // A 6.5 billion rand ($361 million) lawsuit has been lodged in a South African court by a Japanese insurance company for a claim arising from flood damages suffered in 2022 by Toyota Motors Corp.’s plant near...
Alabama DOI Encourages Insurers to Use More Than Drones in Nonrenewals
Jun 19 2025 // Alabama’s insurance commissioner this week urged property insurers to be judicious in the use of drones and aerial imagery in making nonrenewal decisions, but stopped short of issuing new regulations. “If an...
Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade
Jun 19 2025 // Brookfield Corp.’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields down. Brookfield Wealth Solutions started to reduce its allocation to private...
Parametric Insurer Descartes Receives Investment From Battery Ventures
Jun 18 2025 // Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm. Financial details of the investment...
