Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Kan. Department Ready to Work with Adjusters, Residents in Storm Aftermath
May 8 2007 // Kansas Insurance Commissioner Sandy Praeger wants citizens to know the Kansas Insurance Department is here to help. In a statement on Monday morning she said, “The past weekend has been devastating for the state of...
Insurers Encourage Texas Consumers to Consider Flood Insurance
May 8 2007 // Recent severe weather in Texas has prompted the Southwestern Insurance Information Service, an insurance trade group, to remind consumers that damage to their homes resulting from flooding is not covered by the standard...
Editor’s Note: It’s about time, really
May 7 2007 // It will take the collective clout and leadership of agents everywhere to move more carriers and transactions to real time. Agents have the future of the agency system at their fingertips, literally. Many of those who have...
Case Law Watch
May 7 2007 // Anti-assignment Clause Holloway v. Republic Indemnity Co. of America (Oregon, Nov. 16, 2006) Ruling: At issue on this appeal was whether an anti-assignment clause that provided that “[y]our rights or duties under...
Assisted living and miscellaneous medical facilities spur new growth
May 7 2007 // An aging population and a demand for new and unique medical services in non-hospital settings are driving growth in certain areas of medical professional liability coverage, in particular medical facilities coverage. The...
Thinking outside of the box
May 7 2007 // No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive without them, says Scott Anderson, current president of the American Association...
It’s time, really
May 7 2007 // Agents have the future of the agency system at their fingertips, literally. Many of those who have long fantasized about SEMCI (single entry multiple company input) are unaware that this dream is just a keystroke away...
Disruptive forces in the insurance industry: Constructive or chaotic?
May 7 2007 // Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Mass. ruling revives possibility of auto assigned risk plan
May 7 2007 // Whether Massachusetts will implement an assigned risk plan for its private passenger auto market was considered a dead issue when in January the incoming Patrick administration suspended rules to create one, but now the...
It’s time, really
May 7 2007 // Agents have the future of the agency system at their fingertips, literally. Many of those who have long fantasized about SEMCI (single entry multiple company input) are unaware that this dream is just a keystroke away...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Climate Change: The potential insurance costs and what’s being done
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
Catching up on climate change
May 7 2007 // What insurers in U.S. and worldwide are doing to address the effects of climate change Recent mega-catastrophes such as Hurricane Katrina in the Gulf Coast have brought increased attention to the issue of global climate...
Assisted living and miscellaneous medical facilities spur new growth
May 7 2007 // Rise in numbers of surgicenters, medispas and clinics brings new risks and opportunities in professional liability An aging population and a demand for new and unique medical services in non-hospital settings are driving...
Commercial insurers’ stock trades down in first quarter; M&As slow as well
May 7 2007 // Stock Prices: Commercial line insurers’ stocks traded down 2 percent for the first quarter of 2007. The only company reporting significant stock gains for the first quarter was CNA Financial Corp. (NYSE:CNA) whose...
Another report details property/casualty insurers’ 2006 profitability, escape from storms
May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...
Thinking outside of the box
May 7 2007 // MGAs deliver more than just specialty packages as they prepare for changing market No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive...
News Currents
May 7 2007 // Mass. ruling revives possibility of auto assigned risk plan Whether Massachusetts will implement an assigned risk plan for its private passenger auto market was considered a dead issue when in January the incoming Patrick...