Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
China’s Online Insurer ZhongAn Launches Fintech Incubator
Nov 4 2016 // ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The company, called Called ZhongAn Information and Technology Services Co....
The Hartford Goes Green for Millennials
Nov 3 2016 // If Alexandra Zepp is typical of those in a millennial generation that’s beginning to account for a larger and more influential portion of the nation’s workforce, then what she has to say about her choice of...
AG Defends California Insurance Commissioner’s Regulatory Move
Nov 2 2016 // The California Supreme Court heard oral arguments this week, during which the Attorney General’s office in suit filed by the insurance industry defended a regulatory move by Insurance Dave Jones. The regulation was...
Drivers Leaving Keys for Thieves a Growing Problem, Says Insurers’ Crime Bureau
Nov 2 2016 // Last year, one out of every eight car thefts was a freebie for the thief because the driver left the keys or the car access device inside. It’s a growing problem according to a report from the insurance...
Georgia Orders Property Insurers to Report Hurricane Matthew Claims Data
Nov 2 2016 // The Georgia Department of Insurance is ordering all insurers operating in the state to report claims information related to Hurricane Matthew. The storm, which began its path through Georgia starting Oct. 7, is estimated...
Aspen Insurance Acquires Puerto Rico Marine MGA, Blue Waters Insurers
Nov 1 2016 // Bermuda-based Aspen Insurance, the insurance segment of Aspen Insurance Holdings, announced it has acquired Blue Waters Insurers Corp. Blue Waters, which is headquartered in San Juan, Puerto Rico, is a specialist marine...
California Commissioner Wants Workers’ Comp Insurers to Reduce Rates
Oct 27 2016 // California Insurance Commissioner Dave Jones issued a formal finding today that costs to insurers in the workers’ compensation system are declining and he’s asking workers’ comp insurers to pass those...
Michigan Golf Course Verdict Puts Insurers in the Rough
Oct 27 2016 // Did the weight of winter ice ruin the putting greens at three suburban Detroit golf clubs? That tricky issue was posed to jurors in federal court, who ruled in favor of the clubs last week in a dispute with insurance...
Pennsylvania Insurance Commissioner Warns Flood Victims About Repair Scams
Oct 27 2016 // Pennsylvania Insurance Commissioner Teresa Miller is urging homeowners whose properties suffered damage in the recent flooding that hit several North Central Pennsylvania counties to be cautious of scams when seeking...
U.S. Homeowners Insurers’ Premiums Growing But Return on Equity Down: Aon
Oct 26 2016 // The U.S. homeowners insurance market is on track for continued growth in direct premiums for 2016 despite a decreasing return on equity for insurers. U.S. homeowners premium is set to surpass $90 billion for the first...
Startup Auto Insurer Root Targets Good Drivers with Smartphones
Oct 25 2016 // Root officially debuted in the U.S. market on October 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer’s smartphone to deliver what it says will be significantly cheaper rates...
Insurers vow ‘muscular’ response to over-regulation
Oct 25 2016 // Insurers aren’t known for their aggressive pushback against overly meddlesome regulations. American insurance companies – like any massive industry – have a large lobbying presence. But they tend to tread...
Ping An Insurance Executive Says Stock Considerably Undervalued
Oct 25 2016 // Ping An Insurance (Group) Co., the world’s second-largest insurer by market value, is undervalued by as much as 45 percent, a senior executive at the company said. The $94 billion company, whose businesses span...
Reinsurers at Baden Baden Forum Expect P/C Insurers to Resist 2017 Price Hikes
Oct 24 2016 // Hurricane Matthew will have a limited impact on the years-long decline in rates for reinsurance, according to industry representatives, who predict primary insurers will push back against price increases at the start of...
Connecticut Based Insurer Cigna Eases Rules for Opioid Addiction Medication
Oct 24 2016 // The health insurer Cigna has agreed to end a policy that required physicians to fill out extra paperwork before they could give patients a drug used to treat opioid addiction. The move announced Friday comes after New York...
Big Data Gathered by Twitter Monitoring Could Cut Premiums – and Erode Privacy
Oct 24 2016 // When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind. But such tweets could help...
North Carolina Insurers Want Supreme Court Review of 25% Rate Hike Denial
Oct 24 2016 // The homeowners insurance rate increase disagreement between the North Carolina Department of Insurance (NCDOI) and the insurance industry is not over. The North Carolina Rate Bureau (NCRB), which files rates with NCDOI on...
Dangers in Data Collection: How Much Is Too Much?
Oct 24 2016 // How to Help Insureds Manage Customer Privacy Risk Insurance carriers and agents have come to learn that increased data can lead to greater risk for insureds, and they are increasingly advising businesses to disclose data...
Is Training the Key to Unlocking Analytics Talent?
Oct 24 2016 // Analytics and big data are here to stay. Already creating monumental shifts in the business world, today’s analytical advancements are leading an evolution on how people think about information, track data, shop for...
The Insurance Industry of Tomorrow
Oct 24 2016 // There was a great turnout for the future of the insurance industry early this month in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs,...
