Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Editor’s Note: It’s 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...
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...
Fortified building standards: Gulf Coast market salvation?
May 7 2007 // Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges...
Editor’s Note: It’s 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...
People
May 7 2007 // Oklahoma City, Okla.-based BMSI Holdings, the holding company for BancInsure Inc., announced a number of promotions and appointments. Rodney N. Sargent was appointed president of BMSI Holdings and chief executive officer...
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...
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...
Are you truly independent?
May 7 2007 // Given today’s business environment, is it possible for independent agents to truly be “independent?” When we talk about an independent agent, we simply think of a producer who has access to many different...
Editor’s Note: 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 and the American Insurance Association jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress as it...
Weather Report
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 // Recent mega-catastrophes such as Hurricane Katrina in the Gulf Coast have brought increased attention to the issue of global climate change and its impact on the insurance industry. Even so, most insurers have just begun...
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...
News Currents
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from storms Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
White House Staffer Rethmeier Joins Insurer Trade Group, AIA
May 4 2007 // Blain K. Rethmeier has joined the American Insurance Association (AIA) as senior vice president for public affairs. Rethmeier joins the AIA from the White House where he served as special assistant to President Bush for...
Texas’ March Enforcement Actions Lead to $188K in Fines, Restitutions
May 3 2007 // The Texas Department of Insurance announced enforcement actions that became final during March include nine license revocations, four license denials and fines and restitution totaling $188,826. Copies of Insurance...
Dallas National Insurance Company’s President Responds to A.M. Best Rating Downgrade
May 3 2007 // AM Best indicated two weeks ago that they planned to downgrade Dallas National Insurance Company to B++ with a “negative” outlook. AM Best’s primary concern is our Company’s future profitability...
Insurers Praise Florida’s Home Mitigation Program
May 2 2007 // Property/casualty insurers say that Florida’s efforts to strengthen homes against storm damage are part of what is needed to improve the insurance situation for homeownrs. William Stander, assistant vice president...
Pa. Two Largest Health Insurers Say Merger Won’t Hurt Competition
May 2 2007 // Pennsylvania’s two largest insurance companies have formally asked state regulators to approve a change in control of their subsidiaries that would take effect when the nonprofit companies merge. Independence Blue...
Minn. ‘Good Faith’ Insurance Bill Spurs Fight at Capitol
May 2 2007 // A bruising battle between insurance companies and trial lawyers in Minnesota over a one-page bill that would expand the rights of people to sue insurers continues to provoke heated debates. The legislation would make...