Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Alaska Legislature rejects self-insurance bill as session comes to end
May 22 2006 // News Currents Alaska legislators concluded the 2006 regular session this month and in the final hours rejected a bill opposed by insurers that would have encouraged more employers to self-insure for workers’...
Not all agents oppose an optional federal charter
May 22 2006 // The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States–not reciprocal, but identical; not...
Case Law Watch
May 22 2006 // Additional InsuredsEquilon Enterprises, LLC v. Great American Alliance Insurance Company (Washington Court of Appeals, Apr. 3, 2006) (Unpublished) Ruling: A wholesale distributor of fuel had contracted with a supplier of...
U.S. insurers withstood record catastrophe losses in 2005
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
Developing a program from a book of specialized risks
May 22 2006 // Do you currently write a book of specialized industry accounts, or have you been trying to get a carrier to give you binding authority? Did you previously have a program, or do you have an idea for a new program/product...
Hawaii working to improve business climate for insurers
May 22 2006 // News Currents Hawaii is working to improve business conditions for insurers, brokers and agents, according to Jeffrey P. Schmidt, the state’s insurance commissioner. Schmidt recently addressed a crowd at the opening...
Technology can help agents boost sales and more
May 22 2006 // Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic...
Fla. legislative package targets Citizens deficits, mitigation; establishes oversight policies
May 22 2006 // The hurricane insurance package passed by the Florida Legislature just before adjournment May 5 is the most significant property insurance bill since major legislation following Hurricane Andrew in the early 1990’s,...
Insurers should not underestimate next influenza pandemic’s severity, risk experts say
May 22 2006 // Risk experts are warning insurance companies that they may be underestimating their risk if they assume that a new influenza pandemic would be no worse than the 1918 influenza pandemic. While some published studies have...
Technology can help agents boost sales and more
May 22 2006 // Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic...
Not all agents oppose an optional federal charter
May 22 2006 // The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not...
NAMIC believes such fees are a form of double taxation applied only to those responsible drivers carrying auto insurance
May 22 2006 // Ominous Trend: Growth of municipal accident response fees Across the country and in most Midwestern states, insurance companies are facing the growing phenomenon of cash-strapped municipalities billing insurers for police...
Case Law Watch
May 22 2006 // Additional Insureds Equilon Enterprises, LLC v. Great American Alliance Insurance Company (Washington Court of Appeals, Apr. 3, 2006) (Unpublished) Ruling: A wholesale distributor of fuel had contracted with a supplier of...
Insurers should not underestimate next influenza pandemic’s severity, risk experts say
May 22 2006 // Risk experts are warning insurance companies that they may be underestimating their risk if they assume that a new influenza pandemic would be no worse than the 1918 influenza pandemic. While some published studies have...
A tale of two New Orleans hotels
May 22 2006 // If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs,...
U.S. insurers withstood record catastrophe losses in 2005
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
Insuring Indian country
May 22 2006 // Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance,...
News Currents
May 22 2006 // Insurers pleased as Colorado General Assembly keeps auto system intact The Colorado General Assembly adjourned its concluding session, which the Property Casualty Insurers Association of America (PCI) said was marked by...
Developer Says Insurers Slow Ground Zero Rebuilding
May 21 2006 // Insurance companies are threatening the construction schedule for the symbolic Freedom Tower at ground zero, the World Trade Center site’s developer told state lawmakers concerned about the pace of...
High Net Worth Consumers Rank USAA, Chubb, and American Family Top Three P/C Insurers
May 19 2006 // USAA significantly outperformed its rivals in the property and casualty insurance category, according to a new Luxury Customer Experience Index survey (LCEI) from the New York-based Luxury Institute, an independent...
