Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Agency Co-branding: How to Work in Tandem with Carriers and Others
Nov 1 2009 // One of the most effective ways for an agency to build its book of business is through a co-branded marketing campaign with one of its carriers, a vendor that provides a unique service, or even another agency with...
California Gives Insurers Green Light for Pay-As-You-Drive Auto Policies
Nov 1 2009 // Californians will soon be able to purchase pay-as-you-drive automobile insurance, as the final regulations have been approved. The regulations regarding pay-as-you-drive, which was originally proposed by state Insurance...
Forecast: Still Soft
Nov 1 2009 // Analysts Forecast Healthy Q3 Reports from Insurers promised the headline on Insurance Journal Oct.22. Reuters was reporting that third-quarter earnings reports from insurers would look a lot better than they did a year ago...
It’s Time to Review Essential Procedures for Managing E&O
Nov 1 2009 // Systems, Checklists, Guidelines, Manuals Among Tools Useful in Reducing Agency Errors I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many...
Washington Commissioner Warns Insurers on Flood Claims
Nov 1 2009 // The Washington State Insurance Commissioner has issued a warning to property insurers with policies in the Green River Valley not to categorically deny flood claims. The Howard Hanson Dam, above the valley, has been found...
Clear Insurance Policy: A Closer Look At Document Language
Nov 1 2009 // Insurance companies are taking another rhetorical beating—this time as a part of President Obama’s promotional campaign for his health care reform proposals. Now a healthy dose of professional introspection can be...
21st Century Holding Targeted by Florida Insurer
Nov 1 2009 // Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12...
Agents’ E&O Marked By Stability, Satisfaction
Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...
How the Economy Is Altering Architect/Engineering Insurance Buying
Nov 1 2009 // Architects and engineering (A/E) firms, construction professionals and the insurance carriers that serve them are facing unique challenges in this turbulent economic environment. SmartRisk surveyed professional liability...
How to COPE with Apartment Risks
Nov 1 2009 // COPE is generally associated with property underwriting rather than as a risk class-based underwriting acronym. However, the traditional use and definition of COPE can be broadened to highlight the top concerns of...
Plug the Agents’ E&O Gap: Protection from Carrier Insolvency
Nov 1 2009 // Any producer, agent or broker can be exposed to the insolvency of one of their markets. Carriers providing insurance agents’ errors and omissions insurance (E&O) have developed a variety of responses to the...
Georgia Workers’ Compensation Insurer Southeastern US Faces Liquidation
Oct 29 2009 // A workers’ compensation insurer for 3,000 public entities, hospitals, private companies and associations in Georgia has been declared insolvent and will be liquidated. Fulton County Superior Court Judge Thomas...
Insurer Harleysville Posts 488% Q3 Profit Gains to $24.7 Million
Oct 29 2009 // Pennsylvania-based insurer Harleysville Group Inc. saw its third-quarter profits climb to $24.7 million, up 488 percent from $4.2 million in the year-ago period. Revenue at the insurer rose to $244.3 million, up 5 percent...
Carroll, Jarratt and Lee Added to PCI’s Board of Governors
Oct 29 2009 // Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America’s (PCI) Board of Governors. Carroll, serves as executive vice...
Insurers Association Blasts Washington Flood Proposal
Oct 29 2009 // The State of Washington’s Insurance Commissioner’s proposal regarding a state-run, flood insurance program would probably hurt the insurance market and policy holders throughout the state, the Property Casualty...
Insurer Among Companies Approved for Michigan Tax Credits
Oct 28 2009 // A state economic development board is approving tax breaks for several projects aimed at bringing new jobs to Michigan. One of the companies approved for the tax breaks is Auto-Owners Insurance Group in Delta Township,...
Connecticut Judge: Killer’s Insurance Company not Liable
Oct 28 2009 // A Connecticut judge has ruled that the insurance company for a former Fairfield lawyer who killed his neighbor in 2006 won’t be responsible for any damages that could be awarded in a lawsuit filed by the...
Blame Shifting Begins Over Costlier Auto Insurance in Wisconsin
Oct 27 2009 // As insurance companies begin mailing notices to Wisconsin customers telling them that their premiums are likely to increase soon, state politicians are scrambling to avoid the blame. The first changes expected to affect...
Experts Say Antitrust Repeal Unlikely to Spur Health Insurance Competition
Oct 26 2009 // Democratic lawmakers are seeking to stir up competition by stripping health insurers of their protection from certain federal antitrust laws, although experts shrug off the effort as largely symbolic. Speaker Nancy Pelosi...
Illinois Suspends Operations of Medical Liability Insurer
Oct 23 2009 // Illinois Director of Insurance Michael McRaith has suspended the operations of medical liability insurer Professional Liability Insurance Company of America (PLICA). Under the Department of Insurance order dated Oct. 22,...
