Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Avoiding Financial Catastrophes:Take Care When Procuring Agents E&O
Nov 7 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
This Just In: Industry Conduct after Spitzer Shows Old Habits Die Hard
Nov 7 2005 // Blaming the Media for Industry’s Poor Image Also Lives On at PLUS Meeting The multiple investigations triggered by New York Attorney General Eliot Spitzer have tarnished the insurance industry’s public image...
CA Insurers Turn Out in Record Number to Help Nonprofits
Nov 7 2005 // An unprecedented number of California insurance industry professionals volunteered their time to charitable projects for the Insurance Industry Charitable Foundation’s recent 8th Annual Volunteer Week. The 2005...
CALIFORNIA SUPREME COURT UPHOLDS INSURANCE COMMISSIONER’S AUTHORITY
Nov 7 2005 // The California Supreme Court ordered to “de-publish” a Court of Appeal ruling–AIA vs. Garamendi–touted by insurance companies as limiting the regulatory authority of the Insurance Commissioner. The...
JUDGE RULES INSURANCE CARRIER DOESN’T HAVE TO PAY CLEARONE
Nov 7 2005 // A federal judge has ruled that an insurance carrier does not have to help ClearOne Commun-ications cover a $10 million settlement with its shareholders. U.S. District Court Judge Tina Campbell said ClearOne, a maker of...
Uninsured /Underinsured Motorist
Nov 6 2005 // This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLA and edited by insurance lawyer Kevin T. Merriman...
W. Va. Legislation Effectively Reduced Homeowners, Auto Rates
Nov 6 2005 // Automobile and homeowners rates have been dramatically reduced as a result of legislative changes made by the West Virginia Legisla-ture, Insurance Commissioner Jane L. Cline, told Professional Independent Insurance Agents...
News Briefs
Nov 6 2005 // ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s...
Should the D&O Fraud Exclusion Have More Teeth?
Nov 6 2005 // Imagine that you are a new independent director of a public company. Outside auditors uncovered accounting irregularities within one of the company’s primary sales divisions. An internal investigation led to a...
News Briefs
Nov 6 2005 // Arkansas 2006 Comp Rates Released The Arkansas Workers’ Compens-ation Commission released its revised Advisory 2000-1, which describes the maximum and minimum rates to be paid to employees who suffer job-related...
This Just In: Industry Conduct after Spitzer Shows Old Habits Die Hard
Nov 6 2005 // The multiple investigations triggered by New York Attorney General Eliot Spitzer have tarnished the insurance industry’s public image more than they have changed its private behavior, according to experts at a recent...
Avoiding Financial Catastrophes: Take Care When Procuring Agents E&O
Nov 6 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
News Briefs
Nov 6 2005 // California CDI Amends Proposed “Action Notice” Filing Regulations The California Department of In-surance has deleted a section of proposed regulations that would have required insurers to notify CDI when a...
Should the Directors and Officers Fraud Exclusion Have More Teeth?
Nov 6 2005 // Insureds need to understand the circumstances under which their insurer may invoke the fraud exclusion to deny coverage or leverage a reduction Imagine that you are a new independent director of a public company. Outside...
CA Insurers Turn Out in Record Number to Help Nonprofits
Nov 6 2005 // An unprecedented number of California insurance industry professionals volunteered their time to charitable projects for the Insurance Industry Charitable Foundation’s recent 8th Annual Volunteer Week. The 2005...
Employment Practices Liability: Like Fine Wine, Better With Time
Nov 6 2005 // Many insurance products grow better with the passage of time, as good underwriters look for ways to structure the policy language to be more response to evolving claims scenarios, legislative and judicial developments and...
Credit-based Insurance Scoring Remains a Key Legislative, Regulatory Issue
Nov 6 2005 // Credit-based insurance scoring has been a contentious legislative and regulatory issue in the world of insurance for at least the last three or four years, but the nature of the debate has changed, Robert Detlefsen,...
Professional liability ripples
Nov 6 2005 // urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...
S&P Study Finds Latin American Insurers Improve Performance
Nov 4 2005 // Overall, Latin American insurance companies are working to improve underwriting results and improve performance, says a report released by Standard & Poor’s Ratings Services titled, “The Evolution Of...
$3B Katrina Claims Paid in Mississippi; Dale Says He’s in a ‘No-Win’ Situation
Nov 4 2005 // The Mississippi Department of Insurance has been the moderator for numerous Hurricane Katrina victims who claim damage they received from Hurricane Katrina was caused by wind, not flooding; and according to Commissioner...
