All the headlines from our Carriers Topic Page, ordered by recency.
Jan 20 2021 // AM Best announced that it would not change the “A-” financial strength ratings of the members of Dallas-based specialty insurer Hallmark Insurance Group nor the “bbb-” long-term issue credit rating...
Jan 19 2021 // The Texas Division of Workers’ Compensation (DWC) has extended until June 2021 its mandatory data call for information related to COVID-19 injuries reported to selected insurance carriers on or after Dec. 1, 2019.The...
Jan 19 2021 // Two insurance industry veterans have launched Confianza, a new data analytics company focused on smaller insurers.One co-founder – Jeffrey Glazer – is a past chief executive officer of Activer Solutions and Insurity,...
Jan 15 2021 // MMG Insurance Company has promoted Kayla O’Malley Dill to vice president of Marketing and Business Development, effective January 4, 2021. Dill is based in Maine. Dill joined the Company in 2013 as senior marketing...
Jan 14 2021 // Global insurance broker Marsh has unveiled for the second time its group of Cyber Catalyst designated products and services judged by leading cyber insurers to be effective in combating significant cyber risks, including...
Jan 14 2021 // Major U.S. insurers on Wednesday decided to suspend contributions to political campaigns for the next few months, following last week’s violence at the U.S. Capitol and challenge to President-elect Joe Biden’s...
Jan 13 2021 // Florida homeowners’ insurance specialists are reporting continued performance deterioration and a decline in capitalization levels, despite the most severe losses from the record 2020 hurricane season occurring...
Jan 13 2021 // The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration...
Jan 13 2021 // LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.The possibility...
Jan 12 2021 // Editor’s note: This article has been updated to remove life insurance from the list of lines of insurance that the bill covered. That language was removed from earlier versions of the bill, and no longer...
Jan 12 2021 // In its recently published report to the legislature, the windstorm insurer of last resort for properties along the Texas coast has proposed several operational changes, including one that would allow it to develop...
Jan 11 2021 // Texas regulators have denied a request for a 5% rate increase by the state’s insurer of last resort for wind and hail for properties along the Texas coast.The Texas Department of Insurance (TDI) has rejected the...
Jan 11 2021 // Insurance mergers and acquisitions (M&A) rebounded from COVID-19 challenges in the second half of 2020. The trend should continue well into 2021 as companies unload non-core assets and purse cost-effective advancements...
Jan 11 2021 // It could go down as one of the most significant cyber attacks yet. Russian hackers breached a number of U.S. government agencies and dozens of private businesses through a tainted update downloaded for network-monitoring...
Jan 11 2021 // The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014,...
Jan 8 2021 // COPENHAGEN, Denmark (AP) – A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a financial body said...
Jan 7 2021 // What do Ulysses and his Trojan Horse, the pickpocket Fagan in Charles Dickens’ Oliver Twist and a video of Facebook’s Mark Zuckerberg touting how his company “owns” its customers have in common?They...
Jan 7 2021 // The Association of Bermuda Insurers and Reinsurers (ABIR) announced its biennial election of officers for 2021-2022.New ABIR officers elected to Bermuda’s leading international insurers and reinsurers industry...
Jan 7 2021 // A report prepared by Willis Towers Watson showing the potential impact of increased coastal building standards on premium rates for Texas’ property insurer of last resort for coastal counties is now available for...
Jan 6 2021 // Health insurer Centene Corp. said on Monday it has agreed to buy Magellan Health Inc. in a $2.2 billion deal including debt, looking to build up its mental health services as more Americans struggle with COVID-19-related...