Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
P/C insurers’ performance exceeding Fitch estimates for 2006
Sep 25 2006 // The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on results and barring any unusual events going forward, the industry is...
Iowa’s open dialogue and stable environment a ‘draw’ for insurers
Sep 25 2006 // Iowa is perceived by other states as a model in terms of the number of companies domiciled in the state and those wanting to do business there, as well as having a very stable legislative and regulatory environment. But...
Insurer to drop Texas medical liability rates again
Sep 25 2006 // Texas Medical Liability Trust (TMLT) recently declared a 20 percent dividend amounting to approximately $35 million for 2006 effective Jan. 1, 2007, for renewing TMLT policyholders. In addition, it plans to reduce rates...
When insuring international trade, expect the world
Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...
Survey: young agents value rates, technology, products from insurers
Sep 25 2006 // The five most important things carriers can offer independent insurance agencies are: competitive rates; technology that helps them more easily write business and service customers; a variety of markets and products;...
The negligent premises liability inspection: Potential liability for the insurer?
Sep 25 2006 // People are always on the search for the “deep pocket” and insurers are very often the target of such searches. A common fixture of the underwriting process for many insurers is the inspection of an...
Insurer to drop Texas medical liability rates again
Sep 25 2006 // Texas Medical Liability Trust (TMLT) recently declared a 20 percent dividend amounting to approximately $35 million for 2006 effective Jan. 1, 2007, for renewing TMLT policyholders. In addition, it plans to reduce rates...
Creating more capacity on the Texas coastline
Sep 25 2006 // Writing property insurance in Texas can be a difficult proposition, especially in a time when the frequency and severity of catastrophic coastal storms is increasing. To address this problem, the Texas Joint Committee on...
Aon freed to accept contingent pay when serving as managing general agents
Sep 25 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...
J.P. Schmidt, Hawaii, Insurance Commissioner
Sep 25 2006 // Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already has...
!Cuidado! Construction Industry and the Latino Workforce
Sep 25 2006 // In the next 10 years, the construction business will need to fill more than 180,000 jobs. As the rush to fill these positions advances, workers’ compensation professionals will be challenged along with the...
P/C insurers’ performance exceeding Fitch estimates for 2006
Sep 25 2006 // The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on results and barring any unusual events going forward, the industry is...
When insuring international trade, expect the world
Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...
The negligent premises liability inspection: Potential liability for the insurer?
Sep 25 2006 // People are always on the search for the “deep pocket” and insurers are very often the target of such searches. A common fixture of the underwriting process for many insurers is the inspection of an...
Insurers Lowering Car Insurance Rates in Virginia
Sep 25 2006 // Some of the top auto insurers in the nation are reducing rates in Virginia. The reasons range from high gas prices to more sophisticated technology with which companies can calculate the risks of insuring particular...
Advisory Group Expands Valuation Service for Agents, Insurers
Sep 22 2006 // Wheaton, Ill.-based The American Association of Insurance Services (AAIS) announced this week that it is expanding the availability of property valuation services provided by e2Value, Inc. to insurers that use the...
Small Insurer Granted 47.1 Percent Increase, Vows to Stay in La.
Sep 22 2006 // Homesite Insurance has promised to resume writing policies in southern Louisiana now that the Louisiana Insurance Rating Commission has granted it an average rate increase of 47.1 percent. The increase, approved Sept. 20,...
Regional Carriers Rank Best on Ease of Doing Business Performance
Sep 22 2006 // Regional insurance carriers again topped the list of best performers when it comes to ease of doing business, according to a new survey by Deep Customer Connections Inc. based in Acton, Mass. West Bend Mutual,...
One Year After Hurricane Rita Texas Insurers Offer Advice
Sep 22 2006 // As we approach the one-year anniversary of Hurricane Rita’s visit to Texas, residents along the Gulf Coast of Texas can and have learned a lot about the devastating effects of a hurricane, an insurance industry...
NAIC, Trades Spar at Congressional Hearing on Insurer Investments
Sep 20 2006 // The National Association of Insurance Commissioners (NAIC) President and Maine Insurance Superintendent Alessandro A. Iuppa told the House Finanacial Services Subcommittee panel that strong financial regulation of...
