Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization...
Insurers Dodge $500 Million Fox River Cleanup Tab-For Now
Jun 20 2005 // A coalition of carriers that insured Wisconsin’s paper manufacturers have, for now, successfully defeated a legislative effort that would have forced them to pick up the estimated $500 million tab to clean up the...
News Briefs
Jun 20 2005 // ALABAMA DOI Lists Insurance Providers A list of insurance companies, agencies and agents writing property insurance in coastal areas of Alabama, including Mobile and Baldwin counties became available June 13, thanks to the...
By Wes Bailey
Jun 20 2005 // Nobody Ever Said That Life or the CGL Policy Was Fair! I was recently teaching a seminar dealing with the details of the Commercial General Liability Policy, and a participant attending the seminar made a very interesting...
People
Jun 20 2005 // Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June...
Texas Homeowners May See Slightly Lower Rates
Jun 20 2005 // Some Texas homeowners could see lower insurance rates this year, the Associated Press and Houston Chronicle reported. Record low loss ratios reported by Texas homeowners insurers in 2004 prompted the Texas Department of...
Nationwide’s Allied Insurance Looking for Agents in East and South
Jun 20 2005 // The independent agency arm of giant Nationwide Insurance is expanding its reach and looking for agents in the East and South. Allied Insurance, which currently has more than 4,500 independent agency locations in the West...
By Stephanie K. Jones
Jun 20 2005 // Trials and Tribulations in Neverland (Oklahoma) Almost everyone did something wrong in Neverland-Neverland, Oklahoma, that is. This story begins and ends in the District Court of Neverland-where a mock trial put on by the...
Think Moderation on Loss History Reports Regulation
Jun 20 2005 // Homeownership is considered the centerpiece of the American dream. Homeowners insurance enables individuals and families to protect what is likely to be their single largest asset. Before finalizing their purchase, most...
North Dakota’s SB 2186 Should Be a Template for NAIC Model
Jun 20 2005 // Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common sense protections against unfair underwriting and rating actions by insurers because of information in loss history...
Insurers Decrease Calif. Workers’ Comp Rates as Reforms Take Effect
Jun 20 2005 // Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
Insurers Decrease Calif. Workers’ Comp Rates as Reforms Take Effect
Jun 20 2005 // Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
States Say Joint Bank-Insurer Regulatory Efforts Pay Dividends
Jun 20 2005 // Joint efforts of insurance and banking regulators over the past several years have provided the foundation for effective communication and coordination between the state insurance departments and the Federal Reserve...
Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
Jun 20 2005 // Contingent commissions based on insurer profitability align the interests of independent agents, brokers and the insurer so correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new...
States Close In on Finite Reinsurance Disclosure Requirements
Jun 20 2005 // State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early June. As they did,...
Enhanced Online Policy Access
Jun 20 2005 // The Drive Group of Progressive Insurance Companies expanded its partnership with Strategic Insurance Software to implement a real-time interface, using ACORD XML standards, that provides independent agents and brokers...
U.S. commercial insurers earn big
Jun 19 2005 // At the midpoint of 2006, many commercial insurers are generating exceptional earnings, according to an article published by Standard & Poor’s Ratings Services. The article, which is titled “U.S. Commercial...
Mass. Diocese Seeks Ruling on Insurers’ Share of Sex Abuse Claims
Jun 17 2005 // The Diocese of Springfield, Massachusetts is asking a judge to determine how much of a burden the diocese’s insurers should bear in paying for settled sex abuse claims as well as determine their financial...
