Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Florida Appeals Court, Regulator Reject Policy Language Aimed at Curbing AOB Abuse
Jan 10 2018 // A Florida appeals court has sided with the state’s insurance regulator in rejecting policy language filed by a Florida homeowners insurer to restrict the use of assignment of benefits. The decision could have a...
Missouri’s Mike Keith Insurance Joins Keystone Insurers Group
Jan 9 2018 // Mike Keith Insurance of Clinton, Missouri, has joined Keystone Insurers Group, becoming the partnership’s eleventh agency member in Missouri. The Mike Keith agency has four offices located throughout West Central...
Association of California Insurance Companies Now PCI Western Region Office
Jan 8 2018 // The Association of California Insurance Companies will officially be known as the Property Casualty Insurers Association of America’s Western Region office. The name change is the final step of the 2012 merger of...
The Competitive Advantage: A Scary Trend
Jan 8 2018 // Maybe “trend” is inaccurate because the data is scant, or maybe “trend” is a presage. The “trend” does not yet exist, but it will. The “trend” is companies taking drastic...
Netflix vs. HBO and the Race to the Insurance Customer
Jan 8 2018 // The goal is to become HBO faster than HBO can become us, the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference founder Caribou Honig thinks traditional insurers and...
2018 Insurance Industry Meetings & Events Directory
Jan 8 2018 // CIWA Industry Days Jan 8-10 Hilton La Jolla Torrey Pines La Jolla, Calif. California Insurance Wholesalers Association (CIWA) Contact: Thomas Shovlin, thomas@ciwa.net The 19th Annual Windstorm Insurance Conference Jan...
Top Insurtech Predictions for 2018
Jan 8 2018 // Insurtech is often framed as a force of disruption in the insurance industry. But technology doesn’t disrupt the industry – it enhances the way carriers and customers interact. In 2018, I predict we will...
Sexual Harassment: Employment Liability Tipping Point
Jan 8 2018 // From Hollywood mogul Harvey Weinstein to famed television journalist Matt Lauer, to thousands of others speaking out through the social media movement #MeToo, sexual harassment allegations from individuals who claim to...
Insurance Agency Financing Options
Jan 8 2018 // Yes, maybe and no. While these responses might sound like loan decisions you might expect to hear from a lender, they represent my response to the often-asked question of where to seek financing for loans to facilitate an...
Florida’s Citizens Moves on From 2017, Expects Policy Count Growth in 2018
Jan 8 2018 // Citizens Property Insurance Corp., the Florida state-run insurer of last resort, is anticipating its policyholder count will increase in 2018 for the first time since its efforts to shed policies through depopulation began...
Arkansas Welcomes P/C Insurers Lemonade, Tower Hill
Jan 8 2018 // Two additional property/casualty insurance carriers have been approved to conduct business in Arkansas. The Arkansas Insurance Department (AID) announced in December that Lemonade Insurance Co., has received a Certificate...
New Law Requires Notice of Workers’ Comp Premium Hikes in New York
Jan 8 2018 // New York Governor Andrew M. Cuomo has signed Assembly Bill No. 1620 into law, requiring insurance companies to notify employers in advance of some workers’ compensation insurance premium increases. The law was...
N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates
Jan 8 2018 // The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers...
Workers’ Comp Carrier Retailers Casualty Insurance Expands Into Alabama
Jan 5 2018 // Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote...
Telematics CEO: 5 Trends to Watch in 2018 in Auto Insurance
Jan 5 2018 // Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for UBI, 2018 will break the...
Policy Language Leads to $200K Loss for Insurer in Michigan Lawsuit
Jan 4 2018 // A dispute over four words will cost an insurance company about $200,000. A federal appeals court in Michigan has ruled in favor of a man in the Grand Rapids area who suffered serious injuries during a motorbike crash in...
Starr Approved as First Domestic Surplus Lines Insurer in Texas
Jan 4 2018 // Starr Surplus Lines Insurance Co. has become the first domestic surplus lines insurer (DSLI) in Texas, effective Jan. 1, 2018, the Surplus Lines Stamping Office of Texas (SLTX) reported. The company has been approved to...
I Heard There Might Be Opportunity “In-Land”
Jan 4 2018 // “According to CoreLogic, a leading source for flood and disaster risk data, approximately 70 percent of the flood damage from Hurricane Harvey was uninsured….” states Clearsurance in their recently...
Qatar Re Agrees to Buy Markerstudy’s Insurance Companies in Gibraltar
Jan 3 2018 // Qatar Reinsurance Co. Ltd. has signed an agreement to buy four Gibraltar-based insurers from Markerstudy Group. The companies are: Markerstudy Insurance Co. Ltd., Zenith Insurance PLC, St. Julians Insurance Co. Ltd. and...
Zurich Insurance to Sell UK Student Insurer Endsleigh to Broker A-Plan
Jan 3 2018 // As part of its ongoing restructuring and simplification program, Zurich Insurance announced an agreement to sell its UK student insurer Endsleigh to insurance broker A-Plan Holdings. The financial terms of the deal, which...
