Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Ill. Bill Establishing No-Call Lists Exempts Insurers
Apr 19 2002 // A bill that unanimously passed an Illinois House panel April 16 permits establishment of “no-call” lists, but enables insurance companies to continue to use marketing strategies that best suit their needs,...
PIANJ Applauds Surplus Lines Proposals
Apr 17 2002 // The Professional Insurance Agents of New Jersey has commended the New Jersey Department of Banking and Insurance (DOBI) for proposing standards and procedures for surplus lines insurance procurement. In a letter sent last...
NY Contractors Finding Coverage Hard to Obtain
Apr 17 2002 // A report by David Dickson, VP of the Professional Insurance Agents of New York, finds that the state’s contractors are finding it increasingly hard to obtain insurance coverage, even paying higher premiums. Dickson,...
Neb. Advises Insurers, Banks on Terror Responsibilities
Apr 17 2002 // The Nebraska Department of Insurance recently issued instructions to insurers and banks regarding their responsibilities under the USA Patroit Act of 2001, “Uniting and Strengthening America by Proving Appropriate...
ISO and Ascendant One Team Up to Offer P/C Insurers Comprehensive Rating and Policy-Management Syste
Apr 17 2002 // Insurance Services Office, Inc. (ISO) has made a significant equity investment in AscendantOne™ Inc., An insurance technology and services company, to deliver insurance rating and policy-management products that...
Ariz. Legislature Approves AIA-Sponsored Measure to Streamline Insurers’ National Operations
Apr 17 2002 // The Arizona Legislature has unanimously approved an American Insurance Association (AIA)-sponsored bill that streamlines how Arizona insurers manage deductible workers’ compensation policies. HB 2276, authored by...
Calif. Bill Would Make Insurers Provide Mold Coverage
Apr 16 2002 // A bill mandating mold damage coverage in all property and liability insurance policies would force all California consumers to pay significantly more for their homeowners and renters policies, according to the National...
NAII Says Calif. Privacy Would Create Unnecessary, Costly, Overlapping Rules
Apr 16 2002 // Legislation addressing the privacy of consumer information would impose unjustified restrictions on a California insurer’s ability to share information with affiliated companies and would create confusing,...
2001: The Insurance Industry’s ‘Annus Horribilis’
Apr 15 2002 // In future years property/casualty insurers will no doubt look back on the year 2001 and shudder. Right now they’re too busy coping with the reality of the industry’s “annus horribilis,” to borrow...
Commentary: Credit Histories Benefit Consumers
Apr 15 2002 // It is time to set the record straight and dispel some of the myths being advanced in Texas and across the country about why insurance companies use credit history. The truth is that credit history is a valid predictor of...
The Illusion of Protection: Terrorism, War and Workers’ Compensation
Apr 15 2002 // The impact of the terrorist attacks of September 11th on the property/casualty insurance industry can hardly be overstated—the largest catastrophe loss ever; an unprecedented convergence of coverages, creating a...
NAII Maps Out Auto Issues of Joint Concern to Insurers, Repairers
Apr 12 2002 // Diminished value, direct repair, salvage title and competitive crash repair parts top the National Association of Independent Insurers’ (NAII) automotive issues public policy agenda this year, the NAII...
Auto Insurers Agree to Hawaii Fines
Apr 12 2002 // Seven of Hawaii’s largest auto insurance companies who have been under investigation for allegedly using prohibited criteria to determine premiums, have agreed to pay fines totaling $115,500. The seven...
NAII Says Insurers, Builders and Manufacturers Need Cooperation to Halt Construction Defect Problems
Apr 9 2002 // Builders, subcontractors, manufacturers and insurers need to work together to minimize the threat of construction defect exposures by promoting high-quality products and proven risk management techniques according to the...
E-Business Coverage Risks Could Outweigh Rewards for Insurers
Apr 8 2002 // With only a small amount of insurers jumping into the e-business insurance marketplace, a recent Conning & Company study reports that businesses’ increased use of the Internet is making for a substantial growth...
Six Leading Insurers To Set Up Joint European Venture to Cover Terrorist Risks
Apr 5 2002 // Six of the world’s largest insurance companies announced that they intend to establish a joint venture in Luxembourg, named Special Risk Insurance and Reinsurance Luxembourg S.A. (SRIR), to provide “limited...
NAII Offers Assistance to N.D. Regulator on Scoring Issue
Apr 4 2002 // The National Association of Independent Insurers (NAII) has offered to work with North Dakota Insurance Commissioner Jim Poolman as he compiles and analyzes the facts regarding insurers’ use of credit-based insurance...
NAII, Insurer Groups Address Truck Crossing Concerns
Apr 4 2002 // The United States Department of Transportation’s (DOT) safety requirements for trucks, buses and drivers entering this country under the North American Free Trade Agreement (NAFTA) aim at having Mexican carriers meet...
U.K. Insurers Still Face Sept. 11 Threat
Apr 2 2002 // Although UK insurers have so far weathered the losses from the Sept. 11 attacks, some may still face the threat of financial failure and ultimately liquidation, according to an article in London’s Financial...
Minn. Legislature Overrides Veto on Glass Reform
Apr 2 2002 // The Minnesota legislature has voted overwhelmingly to override Governor Jesse Ventura’s veto of legislation that bans glass dealers from offering rebates and give-away incentives. The bill (HB 2570) repeals the...
