Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Colorado Fines Five Insurers/Firms
Nov 14 2000 // The Colorado Division of Insurance is fining Aetna U.S. Healthcare Inc., Cigna Healthcare of Colorado Inc. and three other insurance companies for violating state insurance laws by failing to process claims accurately or...
The Evolving Excess & Surplus Lines Market
Nov 13 2000 // The excess and surplus lines, or non-admitted, market is comprised of property & casualty companies that provide insurance that is unavailable to businesses in the standard, or admitted, market due to the unique...
Surplus Lines Market Shows Signs of Shaping Up
Nov 13 2000 // When retail agents or brokers cannot find coverage for a unique or high-risk insured with a company in the standard or admitted market, they often turn to the surplus lines—or excess and surplus (E&S)—market for...
Special Investigative Units Battle Insurance Fraud, ‘Crime of the ’90s’
Nov 13 2000 // People outside the industry are always surprised to learn how much fraud insurance companies are actually forced to deal with. It wasn’t until fairly recently, in the late 1980s, that insurance companies and local,...
Glamour & Risk: Insuring HollywoodProduction Companies
Nov 13 2000 // For many film lovers, the holiday season is synonymous with the release of Hollywood’s latest screen confections. As production companies scramble to satiate the consumer appetite for thrilling visual effects and...
China To Admit Insurers After Joining WTO
Nov 10 2000 // Chinese authorities have indicated they intend to license up to 12 foreign insurance groups upon China’s accession to the World Trade Organization (WTO). Under terms China agreed to in negotiations with the U.S. and...
Effective Data Management Remains Elusive for Insurers, Conning Study Says
Nov 10 2000 // The ability of insurers to transform their raw data into knowledge is critical to their survival yet, despite this imperative, many data warehousing efforts have been postponed; others still have failed, according to a...
On the Road Again
Nov 6 2000 // Insurance Dot-Coms Shift Increasingly Toward the Agent In the fast-paced environment of Internet insurance, any attempt to define trends and categorize business models on the information highway can be an exercise in...
Legal Malpractice Insurance
Nov 6 2000 // There are a huge number of lawyers in Texas. Many of them are not very good. For every lawyer there is probably at least one paralegal. Many of them are as proficient as the lawyers they assist, though usually less...
Mass. DOI Takes Over Troubled Framingham Lumber Insurer
Nov 3 2000 // A Framingham, Mass. company writing property and casualty insurance for the lumber industry was put into state receivership Wednesday after reporting large losses for the past few years. A note on the company’s...
Japanese P/C Insurers In Merger Talks
Nov 3 2000 // Another round of consolidation is shaping up in the Japanese insurance industry with the announcement that Yasuda Fire & Marine Ins. Co., Nissan Fire & Marine Ins. Co. and Taisei Fire & Marine Ins. Co. are...
Swiss Re Study: Outlook Promising for U.S. Credit Insurers
Oct 31 2000 // So found a recent Swiss Re sigma study “Trade Credit Insurance.” The study also found the products that will likely boost revenue include: credit lines for commercial internet purchases, information services...
Independent currents:Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
European Online Brokers InsuranceCity, InsuranceWide Show the Way
Oct 30 2000 // “Right now we think we’re ahead of the States in [online] personal lines,” said James Harrison, Chief Operating Officer of the U.K.’s InsuranceWide (IW) www.insurancewide.com. He might be...
Insurance Groups Voice NAFTA Concerns
Oct 30 2000 // The provisions of the North American Free Trade Agreement have been in place for several years, but Mexico and the U.S. have yet to simplify cross-border shipping by implementing a feasible cross-border insurance system...
Independent currents Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
Ohio Insurer to Meridian Insurance Group
Oct 27 2000 // Meridian Insurance Group will be purchased by State Auto Financial Corp. of Columbus, Ohio. The company will pay $30 a share, or more than $228 million, to buy the large Indiana insurer. The deal, announced late Wednesday,...
More Fallout From Japanese Life Failures
Oct 24 2000 // Masaharu Hino, the head of Japan’s Financial Services Agency (FSA) which oversees the Japanese insurance industry, indicated that his office would press life insurers to supply more information concerning their...
Japanese Life-P/C Insurers In Talks To Form Alliance
Oct 23 2000 // Nippon Life Insurance Co., Japan’s largest, was reportedly holding talks with Mitsui Marine & Fire Insurance Co., its 3rd largest p/c insurer and Sumitomo Marine & Fire Insurance Co., its 5th largest, in an...
Border Crossing
Oct 23 2000 // NAFTA Still Hobbled By Stafety Concenrns, Cross-Border Insurance Isues The provisions of the North American Free Trade Agreement have been in place for several years, but Mexico and the United States have yet to simplify...
