Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
News Briefs
Aug 8 2005 // National Poll Reveals Americans’ Views on Aging: A poll by the MetLife Mature Market Institute conducted by Zogby International shows that 60 percent of Americans believe “old” is age 71 and over, but...
N.Y., Conn., N.J. Agents Pick Best-Performing Insurance Companies
Aug 8 2005 // Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order,...
Del. Restricts Homeowners Renewals, Requires ‘Gap’ Disclosure
Aug 7 2005 // Delaware Insurance Commissioner Matthew Denn wants to restrict insurers from canceling homeowners’ insurance policies because they have made a few claims and require insurers to more fully disclose to insureds...
Insurer Rebuts Va. GOP Lawsuit
Aug 7 2005 // A state Republican Party lawsuit seeking nearly $1 million from an insurance company that refused to cover the GOP after Democrats sued over partisan eavesdropping is frivolous, the insurer contends in a court...
Ariz. Healthcare Insurers to Have Physician Rating Program
Aug 5 2005 // Two of Arizona’s largest health insurers are rolling out programs that will rate physicians, and patients could get cheaper co-payments if they choose doctors who receive high marks for both quality of care and cost...
WCIRB Report On First Quarter 2005 Insurer Experience Released
Aug 5 2005 // The Workers’ Compensation Insurance Rating Bureau has completed its report summarizing insurer loss and premium experience through March 31, 2005. To view the full report, visit...
Insurance Company of the West Unveils Stand-Alone Terrorism Coverage
Aug 5 2005 // Insurance Company of the West has announced it will offer admitted stand-alone property terrorism coverage for most states around the country. Additional states, including New York, New Jersey, Vermont, Connecticut,...
Conn. School Insurer Says Parents of Alleged Bully Should Pay
Aug 4 2005 // The insurance company for Stonington, Conn. has filed a legal complaint claiming that if school officials lose a bullying lawsuit, then parents of the alleged bullies should pay as well. A lawsuit filed by a Pawcatuck...
Insurers Hail N.Y. Physician Decertification Fraud Reform
Aug 4 2005 // Insurance companies are applauding New York Gov. George Pataki for signing legislation that they say will assist them in their efforts to fight insurance fraud. Pataki signed A.8376, the physician decertification bill,...
Report to Congress: Repealing Anti-Trust Exemption Would Change Insurers’ Pricing Habits
Aug 4 2005 // A new government report finds that if the insurance industry lost its current exemption from federal anti-trust laws, insurance companies would probably no longer be allowed to rely on rating organizations for projections...
AIA Joins in Pursuit of Greater Access to India’s Market
Aug 4 2005 // The American Insurance Association (AIA) has urged the U.S. and Indian governments to make market liberalization in India a major trade priority. “Considering India’s size and potential as one of the...
Universal Holdings Creates New Personal Lines Insurer for Texas
Aug 3 2005 // Universal Insurance Holdings of North America, a wholly owned subsidiary of Universal Insurance Group based in Puerto Rico, announced the creation of Universal Insurance Company of Texas (UICTX). “This is a...
Best Affirms FSR for Mexican Insurer
Aug 2 2005 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Afianzadora Insurgentes SA de C.V. (Mexico City, Mexico) (AISA). The rating outlook is stable. The rating reflects AISA’s strengthened...
Fla. Acupuncturist, Two Patients Charged With Fraud
Aug 2 2005 // A Jacksonville acupuncturist and two of his patients are facing fraud charges after an investigation by the Department of Financial Services’ Division of Insurance Fraud and the National Insurance Crime Bureau...
Insurers Sue Security Firm for Hiring Alleged Md. Arsonist
Jul 31 2005 // The insurers for the company building the Hunters Brooke development in Charles County, Maryland have filed a lawsuit against the security firm that employed one of the men who allegedly set fire to the subdivision last...
Foreign Insurers in China – Risk or Opportunity?
Jul 28 2005 // With only four percent of its 1.3 billion people holding insurance policies, China represents the world’s largest but also perhaps most challenging opportunity for foreign insurers, according to a study published by...
Insurers Unveil ‘Market-Based’ Proposals to Boost Private Terrorism Insurance
Jul 27 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance. The proposals include repeal of some state laws on fire policies and creation of a...
New Underwriting Tool Could Improve Competitiveness in Urban Markets
Jul 27 2005 // A new urban insurance underwriting methodology that uses what its creators say are sophisticated data mining technology and new sources of information beyond traditional credit scores may help insurers better analyze risk...
Key Elements of PCI’s ‘Market-Based’ Plan for Terrorism Risk Insurance
Jul 27 2005 // Key Elements in a Market-Based Approach to Terrorism Insurance Property Casualty Insurers Association of America Presented to the House Financial Servcies Committee July 26, 2005 Fundamental Objectives Fundamental...
Greater N.Y. Mutual CEO Makes Case for Terror Coverage; NAMIC Suggests Britain’s Pool Re as Model
Jul 27 2005 // Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company in New York, N.Y., brought his company’s front line experience with terrorism risk before a House Financial Services...
