Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurance Vital to Alabama Coast Long-Term Plan, Says Commission
Dec 21 2010 // Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover...
Kentucky Builders, Insurer Partner in Workers’ Compensation Program
Dec 20 2010 // A builders’ association is teaming with Kentucky’s largest workers’ compensation insurer to offer a new workers’ compensation program to its members in Kentucky and southern Indiana. Kentucky...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 20 2010 // Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in the industry? These are...
Top 25 Carriers’ Q3 Premiums Rise Nearly 11.5% in 2010 Versus Q3 2009
Dec 20 2010 // Alexander Hamilton once said, “I never expect to see a perfect work from an imperfect man.” Despite an imperfect marketplace, the Top 25 property/casualty companies continued to improve. Their continued...
Georgia Insurers, Incoming Commissioner Plan Fraud Crackdown
Dec 17 2010 // Georgia’s insurance industry is teaming up with state authorities to launch an ambitious effort to crack down on the rising number of insurance fraud cases. Incoming Insurance Commissioner Ralph Hudgens, who takes...
Georgia Supreme Court Upholds Insurers in 2 Uninsured Motorist Cases
Dec 16 2010 // The Supreme Court of Georgia has ruled in favor of insurance companies in two cases involving how much people injured in car wrecks should get under uninsured motorists coverage. At issue was whether the two injured...
Suspicious Claims Rose 12% in Q3, Insurers Report
Dec 16 2010 // Questionable property/casualty insurance claims rose 12 percent in the third quarter over last year, according to the latest reports from insurance companies. Through the third quarter of 2010, the National Insurance Crime...
Missouri Recommends 11% Drop in Workers’ Comp Insurance Rates
Dec 16 2010 // After reviewing statewide data for insurance claims paid by employers for injured workers in 2010, the Missouri Department of Insurance is recommending a 11.1 percent decrease in workers’ compensation rates for 2011....
U.S. Sues BP, Well Owners, Driller, Insurer for Gulf Oil Spill Damages
Dec 16 2010 // The Obama administration Wednesday launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost the companies billions of dollars. The lawsuit...
Calif. Commissioner Removes 4 From Barred Iran Investments List
Dec 15 2010 // California Insurance Commissioner Steve Poizner announced that the California Department of Insurance (CDI) has removed Royal Dutch Shell (Netherlands), Shell International Finance (Netherlands), Total SA (France), and...
Texas Work Comp Enforcements for November Include Fines Up to $60K
Dec 15 2010 // Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for November 2010 include fines of up to $60,000. Final orders for November 2010: American Zurich...
Insurer Launches Ad Campaign Within Facebook Game ‘Car Town’
Dec 15 2010 // Building its brand messages directly into the game play of the popular social game Car Town – the only game on Facebook built around licensed automotive brands –State Farm today launched a six-month advertising...
Insurers, Feds Jointly Pursue Financial Sector Cybersecurity Measures
Dec 13 2010 // Leading insurance and other financial services companies have signed a research agreement with federal homeland security officials to improve cybersecurity in the financial sector. Through a public-private sector...
Arkansas Warns Agents, Insurers About Certificates of Insurance
Dec 13 2010 // The Arkansas Department of Insurance is reminding insurance agents and insurers to take care when providing Certificates of Insurance to policyholders. The department said there have been recent instances in which...
Insurer Covering Baby’s Surgery After Indiana Medicaid Denial
Dec 13 2010 // An Indiana infant born with a rare condition that likely would kill him by age 2 will receive a shot at a normal life after an insurance company said it will pay for an experimental procedure that the state’s...
Insurer, Agent Help Rebuild West Virginia Fire Station
Dec 13 2010 // Sissonville Volunteer Fire Department is getting $10,000 from State Farm Insurance to help replace a fire station and three fire trucks destroyed in a blaze. The insurance company announced Friday it would donate the money...
New Jersey Towns Look to Charge Insurers for Fire and First-Aid
Dec 9 2010 // Some New Jerseyans might have to pay if they need the fire department or an ambulance. Salem’s City Council has adopted an ordinance that would allow the fire department to charge to recover costs. The council says...
Insurance Industry Outlook Improving, Slightly
Dec 6 2010 // The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry...
P/C Insurers, Reinsurers Put Positive Spin on Federal Regulatory Role
Dec 6 2010 // The federal government’s new role in insurance regulation poses significant challenges and opportunities for the insurance industry, according to insurer trade group executives. The establishment of the Federal...
Could Sinkhole Claims Sink Florida Insurers?
Dec 5 2010 // A new state report confirms sinkhole insurance claims are rising in Florida, costing insurers millions of dollars in payouts and expenses, cropping up in counties where they have not been a problem in the past, and showing...
