All the headlines from our Carriers Topic Page, ordered by recency.
Aug 15 2023 // Florida’s property insurance market is showing more signs of life, with another company requesting a large takeout order from Citizens Property Insurance and two new companies entering the arena.Tampa-based HCI...
Aug 15 2023 // One of five Alabama tow truck operators charged with overcharging insurance companies will go to trial in April, almost four years after the men were hit with insurance fraud charges.Danny Williams, owner of Southport...
Aug 10 2023 // Assurex Global President and CEO Hildebrandt Elected to Western National Mutual Insurance Company’s Board of Directors Dean Hildebrandt, president and CEO of Assurex Global, headquartered in Columbus, Ohio, was...
Aug 10 2023 // Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving Taiwan as concerns grow over possible military action by China, industry sources...
Aug 9 2023 // The New Hampshire Insurance Department is reminding insurance companies and agencies that they must notify the department when terminating producers for cause.“In the interest of ensuring compliance and upholding the...
Aug 8 2023 // Insurance companies are increasingly incorporating environmental, social and governance (ESG) factors into their underwriting processes when they examine risk. However, despite the increasing adoption of ESG-related...
Aug 8 2023 // U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said...
Aug 8 2023 // Japan’s competition watchdog has begun an investigation into whether the top four non-life insurers colluded to set premiums for their corporate clients, according to a person familiar with the matter, becoming the...
Aug 7 2023 // Three New York legislators said they plan on pushing bills next year that would bar property insurers from requesting information about subsidized housing, a practice that discriminates, an NYC news outlet reported.The...
Aug 7 2023 // Britain said on Wednesday [Aug. 2] it would start work on setting up new rules specially designed to prevent a big insurance company collapse from crashing the financial system.Regulators have already introduced rules to...
Aug 7 2023 // U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of...
Aug 7 2023 // Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as they benefited from the long-term decline in workplace...
Aug 7 2023 // A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, Insurance Commissioner James Donelon in late July issued a directive...
Aug 4 2023 // Romania expects around 30 ships from Ukraine to clear customs on the Danube River over the next two days as it bids to clear a logjam in the aftermath of Wednesday’s Russian attack on Ukraine’s main river port...
Aug 3 2023 // Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as it ramped up its use of force to prevent Ukraine from exporting grain.The drone...
Aug 2 2023 // Republished from S&P Global Market IntelligenceFor the first time in three years, Florida’s struggling domestic residential property insurers have posted a quarterly profit, according to an analysis by S&P...
Aug 2 2023 // A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely to be wider than initially believed.Shares of Tokio Marine Holdings Inc.,...
Aug 1 2023 // The Florida lawyer and entrepreneur who reportedly made millions by disrupting the auto insurance industry’s Medicare set-aside practices is under federal investigation and may be in financial trouble, according to...
Jul 31 2023 // A burning car carrier off the Dutch coast has been towed to a new location away from shipping lanes as part of an operation to salvage the ship, the Dutch public works and water management ministry and local media said on...
Jul 28 2023 // Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to shed policies, spread risk and raise rates appears to have paid off so far in...