All the headlines from our Carriers Topic Page, ordered by recency.
Jul 28 2023 // Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag of $110 billion, according to Munich Re.These insured losses were slightly lower than the US$47...
Jul 28 2023 // On July 17, 2023, the Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) released for comment a highly anticipated model bulletin (Model Bulletin) on...
Jul 28 2023 // The Catholic Diocese of Rochester and sexual abuse survivors have reached settlements with additional insurers on amounts available to cover abuse claims, bringing the total fund now available to survivor claimants to...
Jul 27 2023 // Physicians Insurance A Mutual Company reported a security incident affecting the personal information for some third-party contractors and the health information for some of its insureds’ patients.“Although we...
Jul 26 2023 // This post is part of a series sponsored by AgentSync. As Florida’s state-backed insurer of last resort takes on more than a million policies, Colorado considers devising its own insurance scheme to provide coverage...
Jul 26 2023 // The New Jersey Supreme Court has agreed to decide whether a hostile/warlike action exclusion in an all risks property insurance policy applies in a case involving insurance coverage for a 2017 Russian cyberattack.The...
Jul 25 2023 // Watkins Hires Loftis as Director of Sales and Carrier Relations Watkins Insurance Group, headquartered in Austin, Texas, hired H. Lee Loftis as the new director of sales and carrier relations. Lofits has over 45 years of...
Jul 25 2023 // The state of Delaware is going to the Supreme Court in its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers.This fight has placed Delaware’s state regulation of...
Jul 25 2023 // U.S. insurers are adopting numerous strategies to deal with risks from climate change, according to a review out today that gives the first look at how or if insurance companies are adopting the widely used Task Force for...
Jul 25 2023 // On a recent day under the July sun, three men heaved solar panels onto the roof of a roomy, two-story house near the banks of the Kentucky River, a few miles upstream from the state capitol where lawmakers have promoted...
Jul 25 2023 // A New Hampshire executive pastor has been sentenced to 18 months in prison for stealing about $130,000 from his church to pay off gambling debts and make purchases.Gregory Neal, of Barrington, 45, was sentenced in federal...
Jul 24 2023 // Sathiyaselvam Thangavel’s hijinks with a drone caused more than $77,000 in damage to the apartment building where he lived, but his landlord’s insurer can’t recover that money from Thangavel even though...
Jul 21 2023 // A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, state Insurance Commissioner James Donelon on Thursday issued a directive...
Jul 21 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...
Jul 21 2023 // Florida property insurers now have a week to attest that they have and use claims-handling manuals that reflect industry practices and standards, the state Office of Insurance Regulation said in a bulletin.By Aug. 1,...
Jul 19 2023 // Texas Mutual Insurance Company has awarded more than $4 million in grants to several Texas nonprofits, part of its commitment in community funding to nonprofit organizations.Texas Mutual has committed funding to nonprofit...
Jul 19 2023 // Evertas, the Chicago-based dedicated crypto insurance company, announced the acquisition of Bitsure, the world’s first insurer dedicated to coverage for crypto mining operations.Launched in 2021, Cape Town, South...
Jul 19 2023 // Ukraine is pushing for grain exports to continue from key ports following Russia’s withdrawal from the Black Sea grain deal. Insurers and shippers aren’t so sure.Russia’s termination of the pact this week...
Jul 18 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...
Jul 18 2023 // Insurers for the convenience store that sold beer to Paul Murdaugh have agreed to pay $15 million to settle the wrongful death suit stemming from the 2019 boat crash involving Murdaugh in which teenager Mallory Beach was...