Most Popular Carriers Headlines This Year
The most viewed headlines from our Carriers Topic Page over the last year.
#1 The Murdaugh Drama in SC Continues: Store That Sold Beer Now Suing its Insurers
Aug 27 2024 // The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage...
#2 New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown
Sep 4 2024 // In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of American Transit Insurance Co. The 52-year-old, family-owned firm is hardly a household name, but...
#3 Lyft is a Motor Carrier and State Farm Can Be Sued Directly, Georgia Court Says
Aug 28 2024 // Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon enough to bar litigation brought by people involved in accidents with ride-sharing...
#4 Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
#5 Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable
Jan 10 2025 // Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for...
#6 Insurers Escape Coverage for Parents Accused of Hiding Son’s Murder Weapon
Feb 14 2025 // A Pennsylvania husband and wife are not covered by their homeowners or personal umbrella insurance policies for claims they inflicted emotional distress by hiding the gun their son used to kill a friend and thus delaying...
#7 Couple Staged Half Million Dollar Fraud Against Theater Nonprofit, Insurer Claims
May 21 2024 // Philadelphia Indemnity Insurance Co. is suing a Connecticut couple the insurer alleges defrauded its insured, a Florida theater nonprofit, by using the organization’s checking and credit card accounts for more than a...
#8 D.A. in California Sues Farmers, Other Home Insurers Alleging Scheme to Underinsure
Jun 13 2024 // Alameda County District Attorney Pamela Price’s Consumer Justice Bureau has sued multiple home insurance carriers in California, including Farmers Insurance Exchange, alleging they’re operating a scheme that...
#9 S&P Reveals Top 50 Largest P/C Insurers
Oct 25 2024 // As the third-fastest growing company on a list of the world’s top 50 largest insurers, State Farm Mutual Automobile Insurance Co. continued to rank No. 1, according to research S&P Global Market...
#10 After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits
Mar 19 2025 // Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Sen. Nabilah Islam...
#11 Taylor Swift Cancellations Deal Blow to Insurers: Sources
Aug 9 2024 // Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be canceled, though several providers will share out the hit, two people involved in insurance for her tour...
#12 Why Homeowners Insurers Are Unprofitable and What To Do About It: Aon
Oct 8 2024 // A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers...
#13 Florida Insurer Can’t Object to Appraiser After the Award Is Decided, 11th Circuit Says
Aug 8 2024 // If a property insurer is going to object to an appraisal panel member’s fee arrangement, it must do so early in the process – not after the panel provides an unfavorable, multimillion-dollar appraisal award. That...
#14 Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B
Sep 12 2024 // Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company’s 120-year history. Sentry will pay $1.1...
#15 USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which...
#16 US Home Insurers Post Net Combined Ratio Over 110: S&P
May 23 2024 // The U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023, according to an analysis by S&P Global Market Intelligence. The net combined ratio for the homeowners business,...
#17 Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law
Nov 19 2024 // A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and...
#18 Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars
Nov 14 2024 // A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid to insureds for damages when their cars suddenly erupted in flames. According to the lawsuit, now in U.S....
#19 Update: NYC’s Largest Cab Insurer Ordered to Explore Sale After Losses
Sep 6 2024 // New York’s insurance regulator ordered American Transit Insurance Co. to immediately find capital and explore a sale in a damning report laying out its severe financial condition. The report laid out dozens of...
#20 California Approves FAIR Plan Request to Assess Insurers $1B for Wildfire Claims
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires. The FAIR Plan reported it has...
