All the headlines from our Carriers Topic Page, ordered by recency.
Feb 19 2025 // The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans for people who otherwise wouldn’t qualify for one, according to two sources...
Feb 19 2025 // Insurance companies spend billions of dollars a year on advertising—and for good reason. With auto insurance mandated in nearly every state and home insurance required by mortgage lenders, insurance product providers are...
Feb 18 2025 // A major Michigan insurance company is in talks to possibly settle more than 100 lawsuits by employees who were fired after declining to get a COVID-19 vaccination, court records show.The disclosure comes three months after...
Feb 18 2025 // Embedded insurance is no longer just an emerging trend; it’s becoming a central strategy for retailers and non-insurance brands looking to enhance customer experience, drive loyalty, and generate new revenue...
Feb 18 2025 // This post is part of a series sponsored by AgentSync.New Year, new resolutions, like growing your distribution channel while maintaining compliance! To help you stay on top of your initial appointments, AgentSync Manage...
Feb 18 2025 // This post is part of a series sponsored by Selectsys.In today’s fast-paced insurance landscape, AI-assisted BPO is redefining operational efficiency, combining human expertise with AI-driven automation to enhance...
Feb 14 2025 // Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025.Convex said it...
Feb 14 2025 // A Pennsylvania husband and wife are not covered by their homeowners or personal umbrella insurance policies for claims they inflicted emotional distress by hiding the gun their son used to kill a friend and thus delaying...
Feb 13 2025 // Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last...
Feb 13 2025 // American International Group CEO Peter Zaffino used the insurer’s fourth quarter earnings call to again talk about reinsurance attachments points, throwing in the possibility 2025 could be the year for $200 billion...
Feb 13 2025 // The European insurance sector saw high levels of claims inflation in 2024. In motor-related material damage in particular, claims inflation is still outpacing the Consumer Price Index, and we could see primary insurers...
Feb 13 2025 // The Catholic Diocese of Trenton, New Jersey has sued its liability insurers over their alleged “failure and refusal” to agree upon a cost-sharing formula to deal with hundreds of sexual abuse claims brought...
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires.The FAIR Plan reported it has...
Feb 11 2025 // Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in the United Kingdom, according to the latest data from the Association of British...
Feb 10 2025 // A pilot program in China that allows insurers to buy gold for the first time could free up billions of dollars of investment in the metal, adding further impetus to a record-setting rally. Prices hit a fresh peak.Ten...
Feb 10 2025 // China’s National Financial Regulatory Administration on Saturday issued guidelines for insurance groups to manage “concentration risks,” asking insurers to hold sufficient capital and liquidity...
Feb 9 2025 // UMass said it would pay a student the $10,000 prize for a halftime promotion at a women’s basketball game after a dispute with an insurance company over whether he stepped over the line when he made a half-court...
Feb 7 2025 // Legal & General said on Friday it would sell its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion in cash and said the Japanese firm would take a 5% stake in the British insurer, in the biggest...
Feb 7 2025 // Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers over jets stranded in Russia following Western sanctions in 2022, they said on...
Feb 7 2025 // AM Best has downgraded Connecticut Attorneys Title Insurance Co. (CATIC) of Essex Junction, Vermont. The company’s Financial Strength Rating has been downgraded to to B (Fair) from B++ (Good) and the Long-Term Issuer...