Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Property Casualty Insurers Association Hires Sr. VP of Public Affairs
Jun 4 2008 // The Property Casualty Insurers Association of America (PCI) has hired Marguerite Murer as senior vice president of public affairs. Murer has extensive public affairs experience in both the public and private sectors. She...
Insurers Blast Insurance Regulators as Closed to Open Dialogue
Jun 4 2008 // The National Association of Insurance Commissioners is losing trust because it at times operates behind closed doors and is not open to dialogue with the insurance industry. That was the criticism of NAIC, as voiced by...
The 2007 Numbers are in for National Contractors Insurance Company, Inc., A Risk Retention Group (NCIC)
Jun 4 2008 // Another Year of Solid Growth, With 2007 Premiums Increasing By 16.5% Over 2006 Strength and Security – Reinsured by AM Best Rated A- IX, 95:5 Quota Share After 1st $10,000 – Arguably One of the Strongest...
Quantum Offers Online Version of Popular RealTimeExpress SEMCI Product
Jun 3 2008 // Quantum Integrated Systems, Inc., has expanded its popular RealTimeExpress™ to include a “software as a service” offering. This eliminates the expense of custom development and installation and makes...
Liberty Mutual to Partner with Dabur to Form Indian Insurance Company
Jun 3 2008 // The Liberty Mutual Group announced that it and its partner Dabur GI Invest Corp plan to form a non-life insurance company in India to provide personal and commercial insurance products through a range of distribution...
Court Turns Maryland Condo Insurance Upside Down
Jun 3 2008 // A dispute over $6,400 in damage to a Maryland townhouse led to an unexpected court decision that has reversed 26 years of standard industry practice, and left insurers, agents, lawmakers and condominium associations...
Agents and Brokers: Rate Your Regional vs. National Insurers
Jun 3 2008 // How do you rank your relationships with regional and national property/casualty insurers? How do their services compare? How would you rate underwriter knowledge, experience and stability for regional and national...
Asian Insurers Expected to Seize on Credit Crunch as Opening to Buy in U.S. and Europe
Jun 3 2008 // Asian insurers, particularly China’s major players, are likely seize the credit crunch as an opportunity to snap up assets in Europe and the United States, senior insurance figures said on Tuesday. “Asian...
State Insurance Regulators Approve Municipal Bond Credit Rating Reform
Jun 2 2008 // State insurance regulators and their National Association of Insurance Commissioners (NAIC) moved forward this weekend with a regulatory response that they hope will help the municipal bond market by reducing pressure on...
Montana’s Insurance Regulator Wants to Open Insurer Data
Jun 2 2008 // Montana’s insurance regulator John Morrison, said he wants to give consumers information on the conduct of insurance companies. Morrison said consumers could check to see how often a company cancels policies, delays...
Insurance Commissioners, Fireman’s Fund Execs Address Climate Change
Jun 2 2008 // Representatives from the nation’s insurance regulator community adopted a climate change white paper at the National Association of Insurance Commissioners Summer Meeting in San Francisco on Monday, June 2, 2008. The...
Case Watch
Jun 2 2008 // Exclusions United Fire & Casualty Co. v. Keely & Sons, Inc. Ill. App. May 2, 2008 Commercial policy does not provide coverage to policyholder for claims of spoliation of evidence. A policyholder was sued when...
Fraud fight up against budget shortfalls
Jun 2 2008 // But Southeast states show some progress, with auto ‘give-ups’ among the targets Budget shortfalls have slowed the progress of fraud bills in many states around the U.S. while lawmakers feverishly work to find...
Credit Woes May Cause Turbulence in Catastrophe Markets
Jun 2 2008 // Florida, Louisiana and Texas may be most at risk The credit crunch in the U.S. financial markets that boiled over due to the subprime mortgage meltdown may affect the ability of insurers and reinsurers that cover coastal...
GINA: A Solution in Search of a Problem?
Jun 2 2008 // New law prohibits insurers from genetic discrimination Congress passed — and the President signed — a bill prohibiting discrimination by health plans and employers based on an individual’s genetic makeup. The...
Insurance Companies Face Global Warming Claims
Jun 2 2008 // Corporations exposed to liability for greenhouse gas emissions The industry is about to enter an era of global warming insurance claims. Scientists have been warning about the impact global warming could have if greenhouse...
Auto Insurers Seek to Attract Latinos
Jun 2 2008 // Majority of advertising appearing in Spanish language media Automobile insurers are hungering for the Hispanic market’s premium dollars, according to a new report by Hispanic Market Weekly that analyzed marketing and...
GINA: A Solution in Search of a Problem?
Jun 2 2008 // New law prohibits insurers from genetic discrimination Congress passed — and the President signed — a bill prohibiting discrimination by health plans and employers based on an individual’s genetic makeup. The...
Getting Down to Business
Jun 2 2008 // When does the business interruption restoration period begin? A typical business interruption policy limits the period of time for which an insured can recover to the so-called “restoration period.” The...
California House Passes Agent-Broker Bill
Jun 2 2008 // The California Assembly on May 22, 2008, passed a bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent. The Assembly voted 60-6 in favor of AB 2956. The...
