Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurer Group NAMIC Honors Hartwig
Sep 21 2011 // The National Association of Mutual Insurance Companies (NAMIC) named Robert P. Hartwig, Ph.D., president/CEO of the Insurance Information Institute, New York, N.Y., as the association’s 2011 Chairman’s Award...
Ohio Mutual’s Kennedy Sworn In As Chairman of Insurer Group NAMIC
Sep 21 2011 // The National Association of Mutual Insurance Companies swore in its newest chairman of the board of directors today. James J. Kennedy began his year as chairman at the end of the annual business meeting of members during...
Insurer Says Exclusion Bars Payment in Nebraska Pastor’s Death
Sep 21 2011 // An insurance company specializing in policies for churches is asking a federal court to absolve it from paying a claim by the widow of a central Nebraska pastor who died of carbon monoxide poisoning in a house owned by the...
Best Upgrades Philadelphia Insurance Co. and Members Ratings
Sep 21 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to ‘aa+’ from ‘aa’ of Philadelphia...
Marine Insurers Backing Armed Guards as Piracy Threat Grows
Sep 20 2011 // More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy as attacks and the resulting costs are set to rise in coming weeks, industry officials said on...
Former Controller for Texas Insurer Sentenced for Wire Fraud Scheme
Sep 20 2011 // The former controller for a Houston-based property/casualty insurance company has been sentenced to 120 months in federal prison for her conviction of conspiracy to commit wire fraud involving almost $1 million in loss to...
Va. Supreme Court: Insurer Not Liable For Claims From Global Warming
Sep 19 2011 // The Virginia Supreme Court has ruled in favor of an insurance company in a closely watched legal case involving global warming. The high court ruled that Steadfast Insurance Co., which provided commercial general liability...
Top 5 Technology Priorities for P/C Insurers
Sep 19 2011 // Property/casualty insurance companies plan to invest in technology for underwriting, policy administration, consumer portals, predictive analytics/business intelligence and mobility/virtualization. Those are the top five...
Home Insurers in Georgia Want to Hike Rates
Sep 19 2011 // A year after most Georgia insurers increased homeowners premiums by 9 to 23 percent, a new wave of increase requests is pending. State Farm, Georgia’s largest writer of homeowners policies, is seeking a 7 percent...
Customer Satisfaction with Home Insurers Improves, Says J.D. Powers
Sep 19 2011 // Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. Overall satisfaction with homeowners insurance companies averages 769 in 2011 —...
Insurers Try to Revive 9/11 Suit Against Saudis
Sep 19 2011 // Insurers that paid out millions after the Sept. 11 terrorist attacks are trying to revive a lawsuit that accuses Saudi Arabia of funneling money to al-Qaida. A U.S. appeals court in New York had ruled in 2008 that the...
New Insurance Laws Go Into Effect in Missouri
Sep 16 2011 // Missouri homeowners hit by damaging storms now have stronger protections in place under two new state laws that recently went into effect, insurance regulators announced. The laws allow insurance companies to better serve...
Alteris Buys Winery Insurer S.N. Potter
Sep 15 2011 // Alteris Inc., a services provider for the managing general agency community, has acquired the operating assets of winery insurance specialist Lodi, Calif.-based S.N. Potter Insurance Agency Inc. The acquisition of the...
Florida’s Citizens Faces Critics at Public Hearing Over Sinkhole Rates
Sep 14 2011 // Florida homeowners came by the hundreds in cars and buses to speak out against the state-backed property insurer’s plan to increase sinkhole rates by an average 429 percent. At an unprecedented public hearing in...
Keystone Insurers Adds New Partner in Tennessee
Sep 12 2011 // Holman & Holman Agency of Springfield, Tenn., has become Keystone Insurers Group’s eighth franchise partner in Tennessee, bringing the total franchise count to 223 across the seven states in which Keystone...
Judge Orders Insurers to Pay in Delaware Diocese Bankruptcy
Sep 12 2011 // A Delaware bankruptcy judge on Friday ordered insurance companies to pay their share of a settlement with priest sex abuse victims that is the foundation of the Catholic Diocese of Wilmington’s reorganization plan,...
Insurer Asks Court to Move Ahead with Mississippi Judicial Bribery Case
Sep 12 2011 // A federal judge plans to talk with attorneys this month about how to move forward with a seven-year-old lawsuit linked to a corruption case that sent one of Mississippi’s most prominent lawyers and two former judges...
Oklahoma Seeks Waiver on Health Care Insurance MLR Requirement
Sep 9 2011 // Oklahoma Insurance Commissioner John Doak is seeking a waiver on a major provision of the federal Patient Protection and Affordable Care Act. Doak requested an adjustment from the U.S. Department of Health and Human...
Argo Group’s Fine Arts Title Underwriter in Partnerships with Art Insurers
Sep 8 2011 // Argo Group International Holdings, Ltd. announced that its subsidiary, ARIS Title Insurance Corporation, the world’s first underwriter of title insurance for fine art and other precious collectibles, has launched...
Best Affirms Donegal Insurance Group & Members, Michigan Ins., Donegal Group
Sep 8 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of ‘a’ of Donegal Insurance Group, its members and Michigan Insurance Company. Best...
