Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Capgemini/Efma Report Urges ‘Re-focusing,’ ‘Operational Efficiencies’
Jan 21 2011 // In their recently released 2011 World Insurance Report Capgemini and Efma explore how insurers can “dissect their business to identify opportunities that will make fundamental and lasting improvements to their core...
New Employee Benefits Analyst Joins Texas Associates Team
Jan 20 2011 // Texas Associates Insurors has added Grace Jaen as its newest Employee Benefits analyst. Jaen focuses on developing and implementing solutions that help businesses attract and retain the right employees. “With...
Vermont Settles Data Breach Case with Insurer for $55K
Jan 20 2011 // The Vermont Attorney General’s office says a Connecticut-based health insurance company is ready to pay $55,000 to settle a complaint that it didn’t inform customers that personal information had been lost...
Insurers Fined More Than $580,000 in Washington
Jan 19 2011 // Washington Insurance Commissioner Mike Kreidler fined insurers more than $580,000 in 2010 for violations including illegal telephone solicitation and overcharging customers. Kreidler also revoked the licenses of more than...
Ohio Uninsured Motorist Litigation Tied to Money for Charities
Jan 19 2011 // An Ohio insurance company in late 2010 successfully challenged a class action lawsuit involving uninsured motorist/underinsured motorist (UM/UIM) coverage in a case that played prominently in a campaign to change the way...
Michigan Suburb, Insurer Settle Employee Firing Case
Jan 19 2011 // The Detroit suburb of Southgate and its insurance company agreed to pay $300,000 to settle a lawsuit by a former court official who claimed she was fired because she questioned how a longtime judge handled money. At the...
Texas Work Comp December Enforcements Include Fines Up to $78K
Jan 18 2011 // Final enforcement actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for December 2010 include fines of up to $78,000. Division of Workers’ Compensationfinal...
Insurers Lash Out at New York ‘Crash Tax’
Jan 14 2011 // The insurance industry will speak out against what it is calling a hidden “crash tax” in New York City during a hearing this morning with fire department officials. The proposal would allow the city to charge...
Australia Begins Flood Cleanup; Insurer Compassion Urged
Jan 14 2011 // Australia’s third-largest city started cleaning up stinking mud and debris on Friday after some of the country’s worst floods on record, but in a sign of the task ahead, it could take six months to pump flood...
Florida Lawmakers Seek Ways to Curb Sinkhole Losses
Jan 14 2011 // Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought...
Oh, Deer! West Virginia Herd Costing Insurers $44 Million a Year
Jan 13 2011 // West Virginia deer are causing excessive damage across the state and the Division of Natural Resources’ plan to manage the herd is deficient in addressing the problem, says a legislative audit released this...
Insurers Offer Options for Mississippi, Alabama Coastal Homeowners
Jan 12 2011 // A handful of new insurers have entered the coastal markets of Alabama and Mississippi, offering options to some homeowners. Coastal American, PURE, American Strategic, Wilshire, Republic and Southern Fidelity may not...
Australian Floods to Cost Insurers, Reinsurers $1 Billion
Jan 12 2011 // The devastating floods in Queensland state that forced evacuation in Brisbane, Australia’s third-largest city, are expected to be a near $1 billion event for insurers, though reinsurance is seen covering more than...
Insurer Pays Tennessee for May Flood Damage
Jan 11 2011 // State officials say Tennessee has received reimbursement for last May’s flooding that damaged state buildings and other state-owned property. Treasurer David Lillard says the state received a $7.5 million check this...
Insurers, Industries Affected by Australia’s Floods
Jan 11 2011 // Australia’s mining industry has borne the brunt of the economic impact from massive floods in Queensland state, but agriculture, construction, transport, tourism and retail have also been hit. Following is a list of...
Atlas General Insurance Services Announces Addition of New Carrier for its Workers’ Compensation Program
Jan 11 2011 // San Diego, CA, 1/11/2011 – Atlas General Insurance Services is pleased to announce the addition of a new carrier to enhance its workers’ compensation portfolio. This new program, developed by Atlas and Republic...
As Small Business Shrinks, Small P/C Insurers Lose
Jan 11 2011 // The property/casualty small business sector—those accounts with less than 50 employees—has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and large...
Federal Judge Dismisses Suits Against Insurers Over Chinese Drywall Coverage
Jan 10 2011 // A federal judge in Louisiana in mid-December let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from the installation of defective drywall from China off the hook for coverage from...
Facts and Legends of Insurance Industry History
Jan 10 2011 // Benjamin Franklin founded America’s oldest, continuously active insurance company in 1752. Franklin and several prominent business associates established the Philadelphia Contributorship for the Insurance of Houses...
What Happened in Workers’ Compensation in 2010
Jan 10 2011 // Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial lines including the workers’ compensation industry in 2010, as they did in 2009. Robert...
