Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Best Practices Report Outlines Tips for Effective Use of Agency Technology
Oct 25 2005 // The Agents Council for Technology (ACT) has compiled a series of best practices to help carriers, vendors, user groups and agent associations convince independent agencies and brokers to implement new workflows and...
S&P Evaluates Effect of EU Regulations on Europe’s Insurers
Oct 24 2005 // Standard & Poor’s Ratings Services has published a study of the effects of new regulations on European insurers, which concludes that the regulations and structural developments within the sector “are...
La.’s ‘Last Resort’ Insurer Target of Numerous Complaints
Oct 24 2005 // Hailed as a means of saving Louisiana’s foundering insurance industry when it was formed two years ago, a state-created insurance company is being slammed by policyholders and an advocacy group for its alleged...
Md. Workers Comp Insurer Retains CEO Bromwell Despite Indictments
Oct 23 2005 // Former State Sen. Thomas Bromwell will retain his position as president and chief executive officer of Maryland’s largest workers’ compensation insurer despite his indictment in an alleged racketeering scheme...
Weak Competition Drives N.H. to Require Prior OK of Med-Mal Rates
Oct 20 2005 // Medical malpractice insurers writing in New Hampshire will be required to get advance approval of any rate changes during the next year following an order by Insurance Commissioner Roger Sevigny. The switch to prior...
UnitedHealth Sues Insurers
Oct 20 2005 // One of the larger U.S. managed health care companies, UnitedHealth Group Inc., is suing two insurance firms for denying claims. UnitedHealth, based in Minnetonka, Minn., alleges it was improperly denied at least $18...
Insurer Group AIA Names Murphy to Head Northeast Office
Oct 19 2005 // The American Insurance Association (AIA) announced today that John P. Murphy will join its northeast regional operation as regional vice president. Murphy will manage regional offices in Boston and Albany, New York, which...
Fla. Insurance Industry Preps for Wilma
Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin. After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...
Insurers Urge Md. to Attack Costs, Trim Mandates to Lower Urban Rates
Oct 18 2005 // Insurance companies are urging Maryland officials looking for ways to reduce urban auto insurance rates to focus on curbing the underlying costs, reducing the required benefits package and encouraging insurers to expand in...
Best Removes Allmerica from Under Review; Assigned Stable Outlook
Oct 18 2005 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the publicly-traded holding...
A.M. Best: P/C Insurers Report Strong Gains for First Half of 2005
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
Closing Conn. Truck Loophole Easier Said Than Done, Insurers Warn
Oct 17 2005 // Insurance officials have warned Connecticut lawmakers that there is no easy way fix to a legal loophole that allowed a Bloomfield trucking company involved in a deadly July crash to operate without liability...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
Growing a Niche in the Bed and Breakfast Industry
Oct 17 2005 // As leaves begin to fall in the Midwest, city dwellers are making an exodus to quaint towns like Galena, Ill. and Dubuque, Iowa to soak up the autumn colors and ambiance. For many, their stays center around a country inn or...
Brian Sullivan: The Industry is Changing — Really
Oct 17 2005 // Although we’ve heard it many times before, the insurance agency business is on the cusp of huge changes, driven in part by technology, a host of new and better insurance products and increased stability on the part...
POLICYHOLDERS OF INSOLVENT INSURERS RECEIVE $386 MILLION
Oct 17 2005 // California Insurance Commissioner John Garamendi has announced that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
Growing a Niche in the Bed and Breakfast Industry
Oct 17 2005 // As leaves begin to fall in the Midwest, city dwellers are making an exodus to quaint towns like Galena, Ill. and Dubuque, Iowa to soak up the autumn colors and ambiance. For many, their stays center around a country inn or...
Editor’s Note: Katrina Brought Out the Good, Bad
Oct 17 2005 // National and state insurance associations are to be congratulated for contributing funds, supplies and manpower to thwart the after-effects of Hurricane Katrina; while Mississippi politicians, including Attorney General...
Livestock and Equine Mortality: A Texas Niche and a Late Notice Trap
Oct 17 2005 // Insureds under livestock and equine policies need to be familiar with the policy conditions and strictly comply with the policy conditions. Texas has been the source of much of the law, nationally, in regard to...
