Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Insurer-Backed Research Urges Reform of Fire Tests of British Building Materials
Apr 25 2018 // British laboratory tests on the fire safety of building materials are inadequate, research for the insurance industry in the wake of the Grenfell Tower fire showed on Wednesday. At least 71 people died in the fire in the...
Insurers Fear U.S. Economic Slowdown, Inflation: Goldman Sachs
Apr 25 2018 // Goldman Sachs Group Inc.’s asset-management unit, which oversees $250 billion for insurers, said an economic slowdown in the U.S. is the biggest investment risk for the industry for the first time since the financial...
California Commissioner Urging Insurers to Offer Coverage for Cannabis Industry
Apr 24 2018 // California Insurance Commissioner Dave Jones is renewing his call for insurers to offer insurance products for California’s legalized cannabis industry in the wake of recent reports that President Trump has abandoned...
Bond Insurer Assured Guaranty Defends Against Attack by Greenlight’s Einhorn
Apr 24 2018 // Hedge fund manager David Einhorn said on Monday that his Greenlight Capital was betting Assured Guaranty’s stock will fall, sending shares of the bond insurer down as much as 6 percent in after-hours...
Global Insurers Favor Private Equity Investments
Apr 24 2018 // Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to boost returns, a survey of 300 executives overseeing more than $10 trillion in insurance assets...
Report from Sustainability Advocate Shows U.S. Insurers Lag Peers
Apr 24 2018 // While a small group of insurance companies is taking meaningful steps to acknowledge and respond to the business risks posed by a new operating reality posed by a changing climate, overall the sector’s performance...
Insurers Broadening Architects, Engineers Liability Coverage: Survey
Apr 24 2018 // While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
New York Governor Presses Banks, Insurers to Weigh Risk of NRA Ties
Apr 20 2018 // New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public...
Insurance Australia Group Plans to Sell Troubled SE Asian Businesses: Sources
Apr 20 2018 // Insurance Australia Group is set to sell its four Southeast Asian businesses in deals that could be valued at about $500 million, under a review of its Asian operations, three people with knowledge of the matter said. IAG,...
Deadlines for Texas Windstorm Insurer Appraisal Demands Extended
Apr 19 2018 // The deadlines for a Texas Windstorm Insurance Association (TWIA) claimant to demand appraisal of a claim for damages caused by Hurricane Harvey have been extended, the Texas Department of Insurance reports. An extension of...
Spanish Mayor Offers Gibraltar’s Insurers a Solution for Post-Brexit Access to EU
Apr 19 2018 // A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year. Juan Franco of La Linea on the southern tip of...
North Carolina Homeowners Insurers Agree to 4.8% Rate Increase
Apr 19 2018 // The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau on homeowner insurance rates that will increase rates statewide by an average of 4.8 percent. The agreement between...
Florida Agency Owner Arrested Over $62K Premium Fraud Scheme
Apr 19 2018 // An insurance agency owner in Florida has been arrested after he admitted to stealing more than $60,000 in insurance premiums, according to a statement from the Florida Department of Financial Services (DFS). Michael...
Patent Litigation Insurer RPX Insurance Services Partners with Great American
Apr 19 2018 // Great American Insurance Company and RPX Insurance Services, LLC (RPXIS), a wholly owned subsidiary of RPX Corporation, have entered into a limited binding authority agreement. Under the terms of the agreement, RPX...
Ohioans Charged with Defrauding Insurer of More than $300K
Apr 18 2018 // Three people in Ohio have been charged with insurance fraud totaling more than $330,000, according to the U.S. Attorney’s Office for the Northern District of Ohio Kifiyun Daniels of Akron, and Jessie Banks of...
The Reason You Only Need One Auto Policy
Apr 18 2018 // This weekend was really good one for one of my sons. He got the all-too-rare opportunity to go see his girlfriend (who lives almost 350 miles from us). They both work and go to school, so their time is super tight. Before...
Florida’s Citizens Reopens More Than 25K Hurricane Irma Claims
Apr 17 2018 // Citizens Property Insurance Corp. says it has reopened about 37 percent of its Hurricane Irma claims, according to a statement from the Florida insurer of last resort. The insurer says the reopening of claims is part of...
Wisconsin-Based Accelerator Boosts Startups in Insurance and Beyond
Apr 16 2018 // The insurance industry is not the only focus of the Madison, Wisconsin-based startup accelerator, gener8tor, but insurance is its oldest and largest operational sector. Founded in 2012 by attorneys Troy Vosseller and Joe...
Demotech Affirms ‘A’ Ratings of Florida Insurers
Apr 16 2018 // Demotech will not downgrade any of the 16 Florida homeowners insurers that it said earlier this year could face financial stability ratings (FSRs) adjustments because of hurricane losses and assignment of benefits...
