All the headlines from our Carriers Topic Page, ordered by recency.
Mar 10 2020 // Democratic Republic of Congo’s insurance regulator granted six new licenses to companies including a division of Erik Prince’s Frontier Services Group Ltd.The regulatory authority, known as ARCA, approved...
Mar 10 2020 // The Security First Board of Directors has approved Melissa Burt DeVriese to serve as president and Locke Burt as chairman and chief executive officer of Security First, effective immediately.Quality Assurance led by Mark...
Mar 9 2020 // Texas-based private passenger auto insurer Windhaven National Insurance Co. (WNIC), a subsidiary of Windhaven Insurance, has been ordered into liquidation at the request of the Texas Department of Insurance, which was...
Mar 9 2020 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its fourth and final loss estimate of €782 million (US$882.9 million) for Europe’s Extratropical...
Mar 9 2020 // Texas state Sen. Kelly Hancock (Richland Hills), Sen. Juan “Chuy” Hinojosa (McAllen), Charles Schwertner (Georgetown) and Larry Taylor, (Friendswood) have been appointed to the Windstorm Insurance Legislative...
Mar 9 2020 // The Iowa Supreme Court has dramatically reduced the compensation a paralyzed northeast Iowa man received from a jury in a lawsuit against an insurance company even while finding the company’s actions were...
Mar 9 2020 // U.S. homeowner insurers are doing a better job than ever making their customers happy when responding to claims, according to J.D. Power. Results of the firm’s Property Claims Satisfaction Study show that overall...
Mar 9 2020 // For a number of years, I’ve done a workshop called “The Adventures of Ace Insura, Claims Detective.” Participants assist Ace in solving a variety of coverage and claims mysteries. Each case has one or...
Mar 9 2020 // Auto insurance affordability is an important issue for consumers and the industry. Insurers take a wide variety of actions to make auto insurance as affordable as possible for consumers because they recognize that its cost...
Mar 9 2020 // Small business doesn’t mean small-in-size when it comes to the commercial insurance market.Direct written premiums ranged between $99 billion and $103 billion in 2013, up from $91 billion in 2011, according to...
Mar 9 2020 // The Tennessee Department of Commerce & Insurance (TDCI) has licensed its 200th insurance company, Mattoon Insurance Co., making the state the seventh-largest captive domicile in the U.S., according to a statement from...
Mar 5 2020 // A Connecticut lawmaker has plans for a bill that not only calls for the state to look at which insurers have fossil fuel investments – a growing trend among government entities as of late – but also which ones are...
Mar 5 2020 // Financial firms in New York City were testing remote-work capabilities, implementing new travel restrictions and canceling or modifying upcoming events as the coronavirus outbreak – already on the finance...
Mar 5 2020 // Insurance data analytics and risk modeling firm Verisk announced the expansion of its new insurtech solution OneXperience into commercial insurance.This expansion will enable agents and businesses to engage and closely...
Mar 5 2020 // Health insurers added about $48 billion in market value and led U.S. stock market gains on Wednesday after Joe Biden’s once-faltering Democratic presidential campaign was reanimated on Super Tuesday.The...
Mar 5 2020 // Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first step of mapping flood...
Mar 4 2020 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to SFM Mutual Insurance Co. and its affiliates, SFM Safe Insurance Co. and SFM Select Insurance...
Mar 4 2020 // Over the past decade, selling small commercial insurance directly online to customers has gone from an outlandish idea to a reality. In a new report, research and advisory firm Novarica projects significant growth in the...
Mar 4 2020 // Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued rate hikes and narrower coverage guidelines will be necessary as a result, A.M. Best...
Mar 4 2020 // EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm.EXOR bought the Bermuda-based reinsurer in March 2016 for $6.72...