Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
News Currents
Jan 28 2007 // Study: 20% of customers consider switching insurers after collision Nearly one out of every five customers considers switching insurance companies after a collision claim, according to a new the J.D. Power...
8 Customer satisfaction doesn’t guarantee agent, insurer loyalty
Jan 28 2007 // U.S. has second-highest level of satisfaction 9 Calif. Commissioner Poizner sworn in Vows to keep office independent, nonpartisan 10 Calif. declares claims emergency Freezing temperatures create citrus losses 12 Biggest...
Cyber liability market is older, wiser, smarter and still growing
Jan 28 2007 // The need for cyber coverage is growing. More companies are growing their revenue through online sales. As a result, they are becoming more exposed. Beginning a New Year provides an opportunity to reflect on challenges and...
Commercial insurers’ stocks reflect 4th quarter profits, calm storm season
Jan 28 2007 // Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices...
A look behind the very good P/C results for 2006
Jan 28 2007 // This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty...
Insurer to investigate Vermont diocese’s sex abuse
Jan 28 2007 // An insurance company for the Roman Catholic Diocese of Burlington, Vermont wants to investigate the church’s conduct in 27 cases of alleged child sex abuse by a former priest before paying the costs of litigation...
Editor’s Note: Southern surprise?
Jan 28 2007 // The case appears to be more about how one insurer handled a particular claim and not a ruling with widespread impact on the industry. There was an important court ruling in Mississippi earlier this month that had the whole...
8 N.Y.’s Interboro Mutual’s back in
Jan 28 2007 // Long Island insurer reborn as stock insurer 8 Delaware agents groups to merge Group will be both Big ‘I’ and PIA 8 Mass. Diocese gives files to insurers Insurers may review handling of abuse cases 10 Royal...
Insurers gain access to Mass. diocese abuse files
Jan 28 2007 // A judge has ordered the Roman Catholic Diocese of Springfield, Mass. to release thousands of pages of documents in a dispute between the church and seven of its insurance carriers over settlements with clergy sex abuse...
There’s lot insurers do not like in Florida’s property insurance fix
Jan 28 2007 // Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and...
Windstorm expected to be major insurance issue for Texas lawmakers
Jan 28 2007 // Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile...
State Farm Storm Surge Settlement Could Scare Insurers from Mississippi Market
Jan 26 2007 // A landmark legal settlement with State Farm Fire & Casualty Co. promises to jump-start the rebuilding process for thousands of Mississippi homeowners devastated by Hurricane Katrina, but critics warn the deal could...
Miss. AG Hood Turns Up Heat on Insurers to Settle Katrina Disputes
Jan 26 2007 // Mississippi Attorney General Jim Hood, fresh from a settlement with State Farm over a class action lawsuit and thousands of other disputed Hurricane Katrina property insurance claims, wants other insurers to follow State...
Mass. Panel Seeks More Low Cost Health Plan Options
Jan 25 2007 // The panel assigned with turning Massachusetts’ groundbreaking health care law into a reality sent insurers back to the drawing board this week, saying they need to do a better job at coming up with low cost health...
Florida Insurance Vote Reflects Political Shift Against Insurers’ Wishes
Jan 25 2007 // The difference in how the state Legislature approached Florida’s insurance problems this year compared to last year are like the differences between night and day, hot and cold, black and white, and Jeb Bush and...
Conn. AG Bill Targets Steering Customers to Select Body Shops
Jan 25 2007 // Connecticut Attorney General Richard Blumenthal has drafted legislation that he says would strengthen the state’s anti-steering law prohibiting insurers from forcing consumers to use a preferred auto repair shop as a...
Fla. Gov. Crist Signs Property Insurance Bill
Jan 25 2007 // Three days after a Florida special legislative session on insurance rates for homeowners, Gov. Charlie Crist signed legislation that promises to provide insurance reform, including rate reductions and an expansion of...
Survey: Commercial Prices Continue Declining in Non-Catastrophe Areas
Jan 24 2007 // Commercial insurance premiums continued their decline in all but catastrophe-exposed areas during the fourth quarter of 2006, with insurers willing to lower prices and place fewer restrictions on coverage to get new...
Susan Burdick Joins QualCorp, Inc. as SR. Sales Consultant for QueryPlus – AFW
Jan 23 2007 // Valencia, CA….In January 2007 QualCorp, Inc. began a new Nationwide campaign that focuses on the launch of their newest product – QueryPlus – a reporting tool. “Susan Burdick is one of the key factors...
Mass. Auto Insurer Tops in Spending on Beacon Hill Lobbyists
Jan 23 2007 // Lobbyists trying to influence Massachusetts legislation on Beacon Hill raked in a record $64.3 million in 2006, as they plied their trade on issues ranging from education and insurance to tobacco and cable television,...
