Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
CALIF. GOV. DAVIS SIGNS FAMILY BILL OPPOSED BY INSURERS
Oct 14 2002 // California Gov. Gray Davis has signed a bill (SB 1661) that permits workers to take six weeks off to care for a new baby, a newly adopted child or a family member who has fallen ill. With the signing, California becomes...
Technology Outsourcing’ Exploring ASPs, xSPs
Oct 14 2002 // Technology and innovation advance continuously, and it is difficult, if not impossible, for insurance companies to stay abreast of emerging technologies. In fact, carriers may not only fall behind, but they could even risk...
Farmers’ Pullout Puts Agents, Homeowners in a Jam
Oct 14 2002 // Negotiations continued in early October between state officials and senior executives of Farmers Insurance Group of Companies in the effort to find a solution that would entice the insurer to continue to provide homeowners...
OKLA. ISSUES INSURER DIRECTORY
Oct 14 2002 // The Oklahoma Insurance Department has released its 95th Annual Report and Directory. The 200-plus page book contains a list of every insurance company licensed to do business in Oklahoma, along with lists of surplus lines...
Technology Outsourcing’ Exploring ASPs, xSPs
Oct 14 2002 // Technology and innovation advance continuously, and it is difficult, if not impossible, for insurance companies to stay abreast of emerging technologies. In fact, carriers may not only fall behind, but they could even risk...
2001 Market Share For Insurers in Texas
Oct 14 2002 // The 2001 premium and loss data for Texas verifies everything you heard from the insurance companies — it was a really bad year. Here are the highlights in review: • Texas accounts for 7 percent of the national premium...
Conning Says Casualty Insurers’ Results Slightly Improved
Oct 11 2002 // The U.S. Property/Casualty industry outlook is improving, but not dramatically, according to Conning Research and Consulting, Inc. Premium growth is significant, but income and return on equity are projected to improve...
Animal Health Insurer Hartville Group Goes Public
Oct 11 2002 // The Hartville Group, Inc., based in North Canton, Ohio announced that it became a full reporting public company on September 12, 2002. The company’s announcment explained that “On that date Hartville...
Proposed Producer Licensing Regulations would Hinder Calif. Policies
Oct 2 2002 // Proposed regulations in California that address exemptions for employees who make adjustments to insurance policies from general licensing requirements need to be stronger and broader. “Unlicensed customer service...
eAutoclaims’ Launches “Red Flag” Claims Tool
Oct 1 2002 // eAutoclaims Inc., based in Oldsmar, Fla., a provider of online claims management solutions through both an Application Service Provider (ASP) and outsourcing solutions services, unveiled a new claims auditing application,...
INSURERS’ QUESTION DIRECTION OF CREDIT SCORING WORKING GROUP
Sep 30 2002 // The National Association of Independent Insurers (NAII) has questioned the approach regulators are taking in formulating direction for the states on the use of insurance credit scoring. The Credit Scoring Working Group met...
Calif. Gov. Approves Legislation to Better Manage Solvency of WC Insurers
Sep 30 2002 // California Governor Gray Davis (D) has signed two measures to improve how the California Department of Insurance regulates the solvency of workers’ compensation insurers, the American Insurance Association (AIA)...
CON ED, INSURERS SUE PORT AUTHORITY
Sep 30 2002 // Consolidated Edison Co. of New York and a group of its insurers sued the Port Authority of New York and New Jersey recently in search of more than $314.5 million for damages to a substation that was demolished in the Sept....
The State of the Surplus Lines Market with Michael J. Hall
Sep 30 2002 // Insurance Journal publisher Mark Wells recently spoke with Michael J. Hall, chairman of M.J. Hall & Company Inc. and president of Golden Bear Insurance Company, both headquartered out of Stockton, Calif. Hall shared...
NAII Applauds Missouri Judge’s Decision Blocking Workers’ Comp Regulation
Sep 30 2002 // The NAII lauded Missouri Circuit Judge Thomas Brown’s decision to grant the request of the state’s workers’ compensation insurers for a temporary injunction blocking the state Insurance Department from...
Calif. Legislative Bills Make Dash for the Finish Line
Sep 30 2002 // The 2002 California legislative session came to an end recently, with a flurry of industry-related bills shuffling through the mix. Many new laws and measures were introduced this year by state lawmakers regarding...
Condition Critical: Med Mal Liability Markets in Dire Need of Rescuscitation
Sep 30 2002 // By now, it’s hardly an exaggeration that medical-malpractice liability insurance markets in several states are in crisis. As is the case with so many other insurance lines, the exodus of medical liability carriers...
Why Costs Go Up and What Your Customers Can do to Save Money
Sep 30 2002 // As renewal notices go out in the mail, insurance agents across California are answering calls from their policyholders, some of whom are facing the rising homeowners and auto insurance rates. Unfortunately, several factors...
Employers, Insurers Slow To Report Claims Says Missouri Audit Report
Sep 30 2002 // A report from Missouri State Auditor Claire McCaskill has found that a “vast majority of injuries” are reported late or not at all. The audit evaluated the management of the state’s workers’...
Condition Critical: Med Mal Market in Need of Resuscitation
Sep 30 2002 // By now, it’s hardly an exaggeration that medical-malpractice liability insurance markets in several states are in crisis. As is the case with so many other insurance lines, the exodus of medical liability carriers...
