All the headlines from our Carriers Topic Page, ordered by recency.
Jun 12 2020 // A new insurance services business, called Astaara Company Ltd. (ACL), has been launched to protect maritime companies from cyber threatsOffering risk management, underwriting and analytics, London-based Astaara will work...
Jun 11 2020 // Remember all the talk that digital transformation would disrupt the auto insurance industry? Well, it’s real, according to the consultants at J.D. Power.The firm says its 2020 U.S. Auto Insurance Study proves that...
Jun 11 2020 // AF Group in Lansing, Michigan, has appointed Kelly Fusner as its new chief underwriting officer (CUO). Fusner will lead the strategic underwriting efforts for the organization, providing innovative expertise that will...
Jun 10 2020 // Colorado lawmakers are putting thousands of jobs at risk with a proposal that would repeal Colorado’s Regional Home Office Insurance Premium Tax Credit, an insurer group is charging.HB20-1420 will have significant...
Jun 10 2020 // Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction.Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss...
Jun 10 2020 // Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new common shares.The Lloyd’s insurer said it intends to use the proceeds of the...
Jun 10 2020 // ReSource Pro has hired Anuj Jain as its Carrier Practice leader. In this role, Jain will be responsible for developing operational solutions for insurance carriers and accelerating ReSource Pro’s growth in the...
Jun 10 2020 // The Florida Supreme Court has granted an emergency request by The Florida Bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida...
Jun 10 2020 // Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games.The list of canned crowd-thrillers that were planned...
Jun 10 2020 // With the immense financial and operational challenges brought on by the spread of the COVID-19 pandemic, many insurers have had to dramatically cut back on insurtech funding. Insurtech solutions were starting to help...
Jun 10 2020 // ClearPath Mutual Insurance Co. has expanded its workers’ compensation insurance offering into Indiana and Tennessee. According to ClearPath Mutual, when it began operations in 2018, the company applied for licenses...
Jun 10 2020 // Good faith coverage disputes over pandemic-related business interruption coverage don’t have to be fought out in courts, and retroactive rewrites of business interruption coverage language are unfair, according to a...
Jun 9 2020 // A consumer group is warning that homeowners could pay billions more for their home insurance under what it calls an “insurance industry legislative attack on California’s effective rate...
Jun 8 2020 // Munich Re’s ERGO insurance unit has agreed to take a 24.9% stake in Taishan Property & Casualty Insurance Co.Founded in 2011, Taishan Insurance is a nationwide property and casualty insurer based in Shandong,...
Jun 8 2020 // U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chains hit by the novel coronavirus pandemic, three...
Jun 5 2020 // The New York State Department of Financial Services (DFS) has issued an emergency regulation requiring New York-regulated insurers to accelerate the claims process for businesses and individuals suffering damage as a...
Jun 5 2020 // American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago.“I didn’t want any advice,” Zaffino, AIG’s president, said in a rare...
Jun 5 2020 // Allianz is in talks with Chinese regulators for a license as the German insurer looks to eventually offer broad asset management services in the world’s second-largest economy.Discussions for a license to manage its...
Jun 5 2020 // Home insurance insurtech agency Hippo plans to acquire New Jersey-based Spinnaker Insurance Co., an insurer with which it has has had a three-year partnership.The deal, first reported by Carrier Management, is designed to...
Jun 5 2020 // While reinsurers are “open for business” and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe impacting earnings rather than capital, equity markets are viewing the...