Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Labour Meets With Banks, Insurers to Discuss Ways to Boost Infrastructure Investment
Nov 21 2023 // Britain’s opposition Labour Party met bank and insurance leaders on Monday to discuss ways to boost investment in infrastructure, as it continues a charm offensive with finance bosses ahead of an expected election...
Carrier Operational Stability
Nov 20 2023 // For nearly 30 years, I’ve been writing and consulting with insurance agencies, brokers and networks on the benefits of choosing the most stable carriers — stable from an operational perspective, which enables...
Hyundai, Kia Must Face Insurers’ Lawsuits Over Vehicle Thefts
Nov 17 2023 // A U.S. judge rejected bids by Hyundai and Kia to dismiss litigation by several hundred insurers seeking to recoup more than $1 billion they claim to owe drivers whose vehicles were stolen or damaged in a social...
US Contractors, Insurers Overlooking Some Safety Improvements in Construction
Nov 15 2023 // Many American construction firms are failing to implement obvious and inexpensive safety measures that could save lives, reduce injuries and avoid costly insurance claims. And many insurers are not nudging their insured...
Ohio Court Revives Dog Bite Injury Claim Against Insurer Due to Ambiguous Policy Exclusion
Nov 14 2023 // An Ohio appellate court revived a dog bite injury claim against an insurer after finding that the terms of an exclusion in the homeowners’ insurance policy, intended to bar coverage for dogs with a history of...
Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far
Nov 14 2023 // Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as a wave of intense industry lobbying pays off. Spain, which holds the European...
Russia Flagship Carrier Aeroflot Says It Reached Settlement With Aircraft Leasing Firm
Nov 13 2023 // Russian flagship carrier Aeroflot said on Thursday it had clinched a settlement with leasing company BOC Aviation under which nine aircraft are to be handed over to Russian state insurance company NSK. A statement issued...
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers
Nov 13 2023 // The Bank of England said on Friday it would start the second leg to its first system-wide stress test of how banks, insurers, pension schemes and clearing houses collectively cope with shocks involving interest rates and...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report
Nov 9 2023 // Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by climate change, according to a new report. About 80% of the insurance market and 53% of the reinsurance...
Fed Judges Ask Florida Supreme Court to Decide if Insurers Can Sue Auto-Glass Shops
Nov 9 2023 // The Florida Legislature earlier this year struck a mighty blow for auto insurers in their years-long fight against windshield repair shops, ending assignment-of-benefits and the practice of offering gifts to insureds. Now,...
Insurers Review Middle East Events Policies After War Leads to Cancellations
Nov 8 2023 // Some insurers are excluding Israel, Lebanon and other Middle Eastern countries from their event cancellation policies after the Israel-Hamas war resulted in some activities being pulled. European Aquatics last week called...
Kentucky Clarifies Matching Law While Florida Insurers Use Endorsements to Limit Replacement Costs
Nov 6 2023 // Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent developments show how insurers and regulators in different Southeast states are managing...
New Swiss Capital Rules Set to Spur $20 Billion Bond Overhaul for Re/Insurers
Nov 3 2023 // Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds over the next decade as changes to the country’s capital rules take effect next year. There are nearly $20 billion of...
New York Secures $13.75M From Title Insurer for Illegal No-Poach Agreements
Nov 2 2023 // New York Attorney General Letitia James announced an agreement with one of the nation’s largest title insurance companies to end its poaching agreements with competitors. The insurer, First American Financial Corp.,...
Why Fleet Carriers Should Create Their Own Accident Tracking and Analysis Tool
Nov 2 2023 // This post is part of a series sponsored by IAT Insurance Group. The Federal Motor Carrier Safety Administration (FMCSA) is bringing Accident Recordkeeping Requirements back to the future. Retired after the Compliance,...
Verisk Tops Q3 Expectations on Resilient Demand From Insurers
Nov 1 2023 // Verisk Analytics beat market expectations for third-quarter revenue and profit on Wednesday, as more insurance companies used its products to assess risk. The data analytics company’s products cater to insurers...
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks
Nov 1 2023 // China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat of support measures to revitalize the country’s stock market. The Ministry of Finance will...
Florida Senator Raising Eyebrows with Pitch for Investment in New Insurance Company
Oct 31 2023 // Florida state Sen. Joe Gruters, R-Sarasota, has sparked some controversy by pitching investment opportunities in a startup property insurance company in Florida. This may be a good time for a new business venture by an...
Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024
Oct 30 2023 // Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter. China International...
Re/insurer SiriusPoint and MGA Banyan Risk Extend Capacity Relationship
Oct 27 2023 // SiriusPoint Ltd., the specialty insurer and reinsurer, and managing general agent Banyan Risk Ltd. announced an extension of their capacity partnership. The deal extends for three years the Bermuda-based companies’...
