All the headlines from our Carriers Topic Page, ordered by recency.
Feb 1 2023 // The National Council on Compensation Insurance has laid down the law, requiring Florida workers’ compensation insurers to verify employees before arbitrarily charging premium for subcontractors’ exempt...
Jan 31 2023 // The Connecticut Supreme Court has upheld insurers in two cases where claims for business interruption losses blamed on Covid-19 were denied because there was no direct physical damage.One case involved healthcare...
Jan 31 2023 // Insurtech Coalition on Jan. 30 announced the launch of a full-stack cyber insurance carrier.Coalition Insurance Company (CIC), what Coalition called the “the first full-stack, active cyber insurance carrier,”...
Jan 30 2023 // Major insurers operating in New Zealand including Insurance Australia Group and Suncorp Group have cumulatively received over 9,000 claims so far following severe storms and flooding in and around the biggest city,...
Jan 27 2023 // Direct Line Insurance Group’s chief executive of nearly four years, Penny James, will step down with immediate effect after the British motor and home insurer faced “significant headwinds” in recent...
Jan 27 2023 // Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways.Chief Executive Elon Musk says Tesla is making design and...
Jan 26 2023 // After American Integrity Insurance Co. filed for a binding arbitration endorsement on homeowner policies one year ago, many in the industry expected a wave of other insurers to follow suit as claims litigation costs...
Jan 25 2023 // An insurance defense attorney accuses the McClenny Moseley & Associates law firm of teaming up with restoration contractors to illegally acquire clients, which sometimes resulted in duplicate lawsuits being filed...
Jan 24 2023 // When an AM Best analyst said, “Apparently, things didn’t go that bad” to describe 1/1 reinsurance renewals, he wasn’t actually saying anything unique.Carlos Wong-Fupuy, a senior director for AM...
Jan 24 2023 // This post is part of a series sponsored by AgentSync.Insurance agents want to get paid for the products they sell. They’ll ultimately choose to partner with the insurance carriers that get commissions paid quickly...
Jan 23 2023 // Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations have come fears that regulators could nudge the changes in a more cautious...
Jan 23 2023 // A review of concrete foundations of public buildings in northeastern Connecticut, including schools and fire stations, has found no widespread deterioration problems like what’s plagued hundreds of residential...
Jan 20 2023 // Five weeks 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 about the...
Jan 20 2023 // Washington Insurance Commissioner Mike Kreidler issued fines in December totaling $55,500 against insurance companies, producers, brokers, and individuals who violated state insurance laws and regulations.Following is a...
Jan 19 2023 // Insurers agreed to a request from the Colorado Division of Insurance to extend additional living expenses coverage for Marshall Fire survivors.Homeowners’ insurance companies have agreed to extend coverage for up to...
Jan 19 2023 // The commercial arm of French insurer AXA is reducing cover offered to aviation companies as it seeks to protect the multibillion-euro business after heavy Ukraine-related losses, two underwriting and broking sources told...
Jan 18 2023 // Two insurance carriers have no duty to defend or to indemnify Quest Pharmaceuticals in lawsuits brought over the drug distributor’s role in the opioid crisis, a federal appeals court decided last week. The opinion...
Jan 18 2023 // Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the Japanese insurer that bought the famous artwork despite its tainted Nazi-era past, according to...
Jan 18 2023 // The U.S. Supreme Court on Friday agreed to hear an appeal by an evangelical Christian former mail carrier in Pennsylvania who accused the U.S. Postal Service of religious bias after being reprimanded for refusing to...
Jan 17 2023 // Westfield National Insurance Co. and Motorists Mutual Insurance Co. are not required by their insurance contracts to defend generic drug distributor Quest Pharmaceuticals against dozens of opioid-related lawsuits.According...