All the headlines from our Carriers Topic Page, ordered by recency.
Feb 14 2023 // Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely be more than US$1 billion, according to Extreme Event Solutions at Verisk (formerly AIR...
Feb 13 2023 // “It was the best of times, it was the worst of times” would be an apt description of the last few years for auto insurers. Immediately after a nationwide, months-long driving hiatus caused collisions to plummet...
Feb 10 2023 // Louisiana Insurance Commissioner Jim Donelon announced that the 30-day application period for insurance companies to apply for Insure Louisiana Incentive Program funding is now open. Insurance companies that are interested...
Feb 10 2023 // Insurance companies in Florida may have to disclose their financial relationships with expert witnesses, but they don’t have to turn over their entire claims files and field adjusters’ notes, at least in some...
Feb 9 2023 // New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe is another indication the state’s insurance regulator needs to approve more...
Feb 8 2023 // Investigators with Citizens Property Insurance Corp. are looking into a website that looks a lot like Florida’s largest property insurance carrier but may actually be fraudulent.“These sites typically ask for...
Feb 8 2023 // Financial services firm Brookfield Reinsurance announced it has entered a definitive agreement to acquire Argo Group International Holdings in an all-cash transaction valued at approximately $1.1 billion.As part of the...
Feb 8 2023 // A Samsung Electronics Co. semiconductor plant in Texas sued its insurer over $400 million in damage claims tied to a power blackout during a deadly winter storm in 2021.The federal lawsuit filed Monday against Factory...
Feb 8 2023 // An Ohio Court of Appeals panel said that Nationwide must indemnify a canine owner whose bulldog bit a passer-by, ruling that a policy exclusion barring coverage for bodily injury for a dog with a prior history of attacking...
Feb 7 2023 // A group of 24 models is suing three insurers to collect more than $2 million in settlements stemming from the unauthorized use of their images by several strip clubs in the Northeast.The models, including Tara Leigh...
Feb 6 2023 // BATON ROUGE, La. (AP) – A $45 million funding bill to address soaring homeowner insurance rates in hurricane-battered Louisiana was overwhelmingly approved by Louisiana lawmakers Friday and sent to Gov. John Bel Edwards...
Feb 6 2023 // Almost two months after three independent adjusters told Florida lawmakers that insurance carriers have frequently doctored their damage assessment reports, the men said they’ve had no contact from state agencies...
Feb 3 2023 // Washington Insurance Commissioner Mike Kreidler issued fines in January totaling $11,000 against insurance companies, producers, brokers, and individuals who violated state insurance laws and regulations.Following are the...
Feb 3 2023 // A technology and cybersecurity services firm and its insurer have settled a business interruption claim linked to a data breach one month after a federal judge denied the insurer’s bid to have the claim dismissed.The...
Feb 2 2023 // General Motors has filed to trademark “GM Financial Insurance Company,” according to a record found with the U.S. Patent and Trademark Office.The filing was made on Jan. 24, 2022. GM Financial is the auto...
Feb 2 2023 // Curi Holdings, a Raleigh-headquartered medical liability insurance company, plans to merge with Minnesota-based Constellation Inc., creating a company with more than $2 billion in assets, the companies said in a press...
Feb 1 2023 // An insurer’s duty to act in good faith and with reasonable care does not necessarily include a requirement to begin settlement negotiations before a claim is filed, the Kansas Supreme Court ruled.The high court...
Feb 1 2023 // Curi Holdings, Inc. and Constellation, Inc., two of the nation’s leading providers of medical professional liability (MPL) insurance, have signed an agreement to merge.Curi CEO Jason Sandner will remain CEO of Curi...
Feb 1 2023 // Danish Insurer Tryg Names Brammer as CEO, Succeeding HübbeThe Supervisory Boards of Tryg A/S and Tryg Forsikring A/S announced that Group Chief Executive Officer (CEO) Morten Hübbe has decided to step down. Hübbe (51)...
Feb 1 2023 // Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity: Many of the cars the company sold are easy to steal.In the past week, newspapers and television...