Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
Think Moderation on Loss History Reports Regulation
Jun 6 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...
Excess Capital: Too Much of a Good Thing?
Jun 6 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....
Arizona Homeowners Sue Insurers Over Wildfire
Jun 6 2005 // Homeowners from a vacation mountaintop community northeast of Tucson began filing lawsuits accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Seventy...
INSURERS LOSE IN STRINGFELLOW ACID PITS JURY TRIAL:
Jun 6 2005 // Insurance companies must pay to clean up a hazardous waste dump, the Stringfellow Acid Pits. A Riverside County, California jury on May 16, 2005 found in favor of the State of California and against CNA, Wausau, Yosemite,...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? – Maurice “Hank” Greenberg, AIG CEO, 1992 From the 1980s until recently, insurance giant American International Group...
Nationwide’s Allied Insurance Looking for Agents on East Coast
Jun 6 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...
Auto-No-fault
Jun 6 2005 // Auto-Owners Insurance Co. vs. Great West Casualty (Minnesota Court of Appeals, May 10, 2005) -Ruling: Injury resulted from “maintenance or use” of vehicle. Auto-Owners commenced a declaratory judgment action,...
Think Moderation on Loss History Reports Regulation
Jun 6 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...
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
News Briefs
Jun 6 2005 // ILLINOIS Gallagher Reaches Agreement With AG, DOI on Contingent Commissions: Arthur J. Gallagher & Co. recently reached a comprehensive agreement with Illinois’ attorney general and insurance director to resolve...
News Briefs
Jun 6 2005 // ILLINOIS Gallagher Reaches Agreement With AG, DOI on Contingent Commissions: Arthur J. Gallagher & Co. recently reached a comprehensive agreement with Illinois’ attorney general and insurance director to resolve...
By Dave Kaiser
Jun 6 2005 // Associations Warn Agencies: The insurance industry’s response to the 2005 hurricane season has been noteworthy, with many professional associations emphasizing hurricane preparedness, urging members to have...
News Briefs
Jun 6 2005 // FLORIDA Fla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
Excess Capital: Too Much of a Good Thing?
Jun 6 2005 // As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults....
Arizona Homeowners Sue Insurers Over Wildfire
Jun 6 2005 // Homeowners from a vacation mountaintop community northeast of Tucson began filing lawsuits accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Seventy...
Arizona Homeowners Sue Insurers Over Wildfire
Jun 6 2005 // Homeowners from a vacation mountaintop community northeast of Tucson began filing lawsuits accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Seventy...
News Briefs
Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...
News Briefs
Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...
