Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Florida’s private insurers try to be heard amid political storm
Sep 24 2007 // Florida’s property insurance industry is in the middle of the hurricane season — the political hurricane season. The state’s politicians promised homeowners their insurance premiums would go down after...
Predictive Analytics 2.0
Sep 24 2007 // Maximizing the science and art of business analysis with the next wave of data It is difficult to overstate the strides in efficiency being made by the insurance industry as a result of the effectiveness of predictive...
A small private Fla. insurer faces Citizens and the ‘perfect storm’
Sep 24 2007 // From “Happy Days” to “The Perfect Storm” is how one Florida insurance executive describes her state’s defining years between 2003 and 2007 — and she isn’t talking just about the...
Florida’s private insurers try to be heard amid political storm
Sep 24 2007 // Protesters gathered on the steps of the old Florida Capitol to protest the high cost of property insurance rates in January in Tallahassee. The Legislature was in special session to pass homeowners insurance legislation....
CEA funding structure to be revamped under legislation sent to governor
Sep 24 2007 // p:By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the...
News Currents
Sep 24 2007 // Report: Insurers did not shift wind claims p:”Our sample revealed no evidence that wind damages were improperly attributed to flooding,” the Department of Homeland Security reported after reviewing 98 flood...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German...
Editor’s Note: Promises to keep
Sep 24 2007 // p:Deregulation is breaking out all over, with Democrats spearheading the changes and making the promises of a better insurance future. Most recent is the Spitzer administration’s move to deregulate workers’...
Alabama realtors call for coastal insurance relief
Sep 24 2007 // Owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums and insurance legislation to make coverage available and affordable on the coast...
Insurers have manageable exposure to subprime turmoil, report says
Sep 24 2007 // The vast majority of U.S. insurers have little or no exposure to the volatility in the subprime mortgage market because a substantial percentage of their investments are in the highest-rated bonds or stocks with no direct...
N.Y. moves to end bureau-filed rates for workers’ comp
Sep 24 2007 // Workers’ compensation rates in New York State should be determined by more competition among insurance carriers, instead of through the current rating board that now proposes these rates, Insurance Superintendent...
U.S. report: Private insurers overpaid by national flood program
Sep 24 2007 // The federal government may be overpaying private insurers for their operating costs associated with the National Flood Insurance Program (NFIP), a recent report said. The government’s payments to insurance companies...
Burnes: four insurers eyeing deregulated Mass. auto market
Sep 24 2007 // Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward. Burnes is not naming the...
A policyholder bonanza: Texas Supreme Court decides Lamar Homes
Sep 24 2007 // The Supreme Court also disagreed with the district court’s common sense ruling that faulty workmanship that damages the property of a third party is a covered “occurrence,” whereas faulty workmanship that...
News Currents
Sep 24 2007 // Oregon passes motor vehicle, P/C insurance-related bills The 2007 Oregon Legislature has passed a number of bills relating to property/casualty insurance, including several dealing with motor vehicle liability...
U.S. report: Private insurers overpaid by national flood program
Sep 24 2007 // The federal government may be overpaying private insurers for their operating costs associated with the National Flood Insurance Program (NFIP), a recent report said. The government’s payments to insurance companies...
Hawaii insurers file 16.8 percent workers’ comp cost decrease
Sep 24 2007 // The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and...
News Currents
Sep 24 2007 // Judge throws out all federal antitrust charges against insurers, brokers No evidence found to support charges of a global conspiracy among commercial brokers and insurers Finding the charges lack any factual support, a...
Washington’s Trial Bar, Insurers Roll Up Sleeves for Ref. 67 Fight
Sep 24 2007 // Who says an off-year election has to be boring? With millions in campaign contributions, weeks of bruising TV ads and plenty of name-calling, trial lawyers and insurance companies are doing their best to spice up this...
Promises to keep
Sep 24 2007 // Deregulation is breaking out all over, with Democrats spearheading the changes and making the promises of a better insurance future. Most recent is the Spitzer administration’s move to deregulate workers’...
