Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Michigan Insurer Honors Top Independent Agents
Jan 4 2006 // American Community Mutual Insurance Company, a provider of individual and group health insurance, home-based in Livonia, Mich., honored its top-producing independent agents earlier this year. The annual event recognizes...
Mass. Savings Bank Life Starts Conn. Insurer
Jan 4 2006 // The Savings Bank Life Insurance Company of Massachusetts (SBLI) it is now actively conducting business in Connecticut under the name Centrian Life Insurance. The Savings Bank Life Insurance Company of Massachusetts has...
Gemstar Sues Insurer for Allegedly Failing to Cover Court Judgments
Jan 3 2006 // Gemstar-TV Guide International Inc. has sued an insurer, seeking to recover $50 million (euro42.3 million) in liability coverage the media and technology company claims it is due to help cover judgments stemming from...
Insurance Commissioner Kreidler Backs Sale of Wash. Health Insurer
Jan 3 2006 // The acquisition of a Washington-based health care service contractor as part of a national merger involving 10 states was approved recently by Insurance Commissioner Mike Kreidler’s office. The acquisition of...
Agents, Brokers, Carriers: Insurance Outlook Good for 2006
Jan 2 2006 // With the insurance industry surviving a year filled with catastrophe losses and the challenge of reauthorizing the terrorism reinsurance backstop legislation, the prospects still seem bright for 2006 according to agents,...
Indiana Hospital, Insurance Carrier Renew Contract
Jan 2 2006 // In a last minute, last effort situation, one of the state’s largest hospital systems and Anthem Blue Cross and Blue Shield renewed their contract. The agreement follows months of negotiations and allows...
Pa. Insurers Propose 8.5% Decrease for Workers’ Comp
Jan 2 2006 // Pennsylvania workers’ compensation insurers are recommending a decrease in what they charge to cover loss costs. The Pennsylvania Compensation Rating Bureau has filed for an overall 8.58 percent decrease in...
N.Y. insurers to seek an end to price controls in 2006
Jan 2 2006 // Insurers’ proposal would have state switch to file-and-use rate system Insurers in New York State will lobby to end price controls on personal and commercial lines policies in the coming year. Their proposal would...
New year brings lowered rates for Mass. drivers
Jan 2 2006 // 8.7% rate cut is a lot more than the 0.1 percent cut recommended by insurers Private passenger auto insurance rates will be cut an average 8.7 percent in Massachusetts in 2006 under a ruling by insurance commissioner...
INSURERS TO SUPPORT LEGISLATIVE STUDY ON AUTO THEFT
Jan 2 2006 // The National Association of Mutual Insurance Companies based in Indianapolis, Ind., will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has...
Artisan contractors run for liability cover
Jan 2 2006 // Artisan contractors are being squeezed in the insurance market as general contractors and insurers do what they can to transfer and limit their exposures, especially in so-called “pain” states. Artisans are...
Sizing Up The Construction Market
Jan 2 2006 // The list of insurers is hsorter and restrictions longer When he is presented with a construction account at his office on Fifth Avenue in Manhattan, Rubin Alspector can quickly determine which insurers might write it. He...
PIA of Louisiana resolutions seek hurricane relief assistance
Jan 2 2006 // Association calls on insurance companies to assist during extended recovery period Thanking insurance companies on behalf of Louisiana insurance agents and the policyholders they represent for the carriers’ hard work...
Living Near Restaurants, Medical Buildings, Grocery Stores Has Risks
Jan 2 2006 // If you live within a mile of a church, you’re far less likely to have a car accident than drivers who live more than a mile from a church. But if you live within a mile of a restaurant, you face a significantly...
California residential construction efforts reduce risk of defect litigation
Jan 2 2006 // Builders and trade contractors vie to bring carriers back to the Golden State. During the past few years, builders and trade contractors in California have endured triple-digit rate increases and an exodus of insurance...
Calif. insurance commissioner announces new regulations for auto insurance rates
Jan 2 2006 // California Insurance Commissioner John Garamendi has announced he is introducing new regulations that require insurers to base auto rates primarily on a driver’s record and not on ZIP code. According to the...
Calif. court decision expected to lower workers’ comp rates
Jan 2 2006 // In Star Roofing Company Inc. v. The Workers’ Compensation Insurance Rating Bureau (WCIRB), the California Insurance Commissioner recently issued a ruling that could affect the way workers’ compensation premiums...
Living Near Restaurants, Medical Buildings, Grocery Stores Has Risks
Jan 1 2006 // If you live within a mile of a church, you’re far less likely to have a car accident than drivers who live more than a mile from a church. But if you live within a mile of a restaurant, you face a significantly...
Workers’ Comp
Jan 1 2006 // Nuts & Bolts: PointSure Insurance Services launched several new specialty products, broadening its workers’ compensation capabilities and offering standard market coverage for risks often neglected due to size...
Insurers’ proposal would have state switch to file-and-use rate system
Jan 1 2006 // N.Y. insurers to seek an end to price controls in 2006 Insurers in New York State will lobby to end price controls on personal and commercial lines policies in the coming year. Their proposal would retain other aspects of...
