Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurers Happy About Quiet Atlantic Hurricane Season
Oct 14 2009 // Thanks to El Nino, the 2009 Atlantic hurricane season has been the quietest in more than a decade, offering a reprieve for residents in the danger zone and a chance for insurance firms to refill depleted coffers. With the...
NTSB Turns Louisiana Plane Crash Site Over to Insurers
Oct 14 2009 // The National Transportation Safety Board has completed its on-scene investigation of a midair collision in Louisiana that killed both men in one plane and injured a man and a woman in another. Board spokesman Terry...
White House Blasts Health Insurers’ Report on Costs of Reform Bill
Oct 13 2009 // The White House Monday blasted a report from the health insurance industry that said Senate healthcare legislation would lead to increases in annual insurance premiums of as much as $4,000 by 2019. The report for the...
Mississippi Court Rules Home Insurance Policy Covers Hurricane Wind Damage
Oct 9 2009 // In a 9-0 decision, the Mississippi Supreme Court has ruled that so-called “all-risk” home insurance policies may cover wind damage from hurricanes, even in situations where the loss is later exacerbated by...
Insurer Urges Sale of Oklahoma’s CompSource
Oct 9 2009 // The state of Oklahoma could raise between $150 million and $200 million if it sold the agency that writes worker’s compensation insurance to the highest private bidder, officials of a Chandler-based insurance company...
Arguments For and Against Credit Scores Begin in Michigan Court
Oct 9 2009 // Attorneys on both sides of the issue argued before the Michigan Supreme Court on Oct. 7 as to whether insurance companies should be allowed to use credit history in setting auto and home premium rates. The practice was...
New York Med Mal Insurer Reducing Buy-in for New Policyholders
Oct 8 2009 // J. M. Woodworth RRG, Inc., a medical malpractice Risk Retention Group that insures physicians and surgeons in New York, is reducing the capital new policyholders are required to pay by 83 percent through the end of this...
California Insurers Waive Flu Shot Co-Pay
Oct 8 2009 // California ‘s six largest health insurers will waive co-pays and deductibles to make sure their members can all get the H1N1 flu vaccine, state Insurance Commissioner Steve Poizner announced yesterday. “I am...
Insurer Interest High in Michigan Credit Score Case
Oct 8 2009 // The Michigan Supreme Court on Oct. 7 heard the opening arguments in a closely watched case that may decide the fate of insurers’ use of credit history in setting premium rates for personal lines policies in that...
Louisiana Agency Named Trusted Choice Agency of the Month
Oct 7 2009 // Dupre Carrier Godchaux Agency Inc., located in Louisiana’s Acadiana region, has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and...
Mutual Insurers Positioned for Growth But Some May Need Partners
Oct 6 2009 // The world’s mutual insurance companies are well placed to continue to grow market share in the wake of the credit crisis, but they also face a vast range of challenges, according to new research. A report by credit...
A.M. Best Withdraws Ratings of 2 Midwest Mutual Insurers
Oct 6 2009 // A.M. Best Co. announced that, in separate actions, it has withdrawn the ratings of two Midwest-based mutual insurance companies at the request of those companies. Best affirmed the financial strength rating (FSR) of C++...
Changes at Tower Hill Secure Rating from Demotech
Oct 6 2009 // Insurance company rating firm Demotech, Inc. said it has affirmed the Financial Stability Ratings of A, Exceptional, assigned to Tower Hill Prime Insurance Co., Tower Hill Preferred Insurance Co., Tower Hill Select...
Healthy Feedback
Oct 5 2009 // An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to...
Agency Co-branding: How to Work in Tandem with Carriers and Others
Oct 5 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...
Healthy Feedback
Oct 5 2009 // An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to...
Florida Home Insurers Losing Money; Will State Farm Stay?
Oct 5 2009 // Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up. Also, the state’s largest private home insurer, State...
Report: FEMA Overpays Private Insurers for Handling Flood Insurance
Oct 5 2009 // The federal government is overpaying private insurance companies that manage flood insurance policies by as much as 16.5 percent, according to a new government report. To just six of the 87 participating carriers, the...
Healthy Feedback
Oct 5 2009 // An Iowa professor thinks using the term “health insurance” to describe typical health care policies is a bit of a misnomer because it’s become more of a cash management tool than insurance. According to...
10 Insurers Hit Century Mark
Oct 5 2009 // The National Association of Mutual Insurance Companies has welcomed 10 new members into its Century Club, recognizing them for serving policyholders for 100 years. With the addition of the 2009 class, the Century Club has...
