All the headlines from our Carriers Topic Page, ordered by recency.
Jul 21 2022 // In 2021, Florida’s domestic property insurers spent more than $3 billion on legal defense costs and containment – double the figure reported in 2016.That’s one jaw-dropping but not surprising takeaway from...
Jul 21 2022 // The National Hockey League can pursue a lawsuit against its insurance provider over losses stemming from the COVID pandemic — but not for the billions of the dollars in damages the league’s 19 clubs...
Jul 20 2022 // Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters...
Jul 20 2022 // A Florida law firm that has made a lucrative business out of the Medicare Secondary Payer Act – and disrupted the auto insurance industry in the process – has scored another victory at the federal appeals court...
Jul 20 2022 // Powered by InsuranceJournal.tvThere has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of insider threats can be just as scary and perhaps a little...
Jul 19 2022 // A claimant seeking to recover directly from an insurer on default judgments for claims against the insurer’s policyholder, must abide by the insurer’s policy terms that mandate arbitration, the New Jersey...
Jul 19 2022 // Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance following years of spiraling costs in the wake of the Grenfell Tower tragedy.The Financial Conduct...
Jul 18 2022 // Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion) as it seeks to gain an edge over larger rivals by expanding in the country’s...
Jul 18 2022 // Malaysia’s central bank is giving foreign insurers until the end of 2023 to either reduce stakes in their local ventures or contribute to a charitable fund, people with knowledge of the matter said, more than a...
Jul 18 2022 // I find that almost all agents and a high proportion of insurance carrier employees possess inadequate knowledge of insurance carrier surplus. Also, many think the knowledge they possess is accurate, however, in my...
Jul 18 2022 // Increased interest in creating more energy efficient, resilient buildings is expected to fuel growth in the green construction industry, particularly as the government looks to spur investment in these projects through new...
Jul 18 2022 // In the annals of how the pandemic changed things, toss in a positive tale from insurer CSAA Insurance Group.Walnut Creek, California-based CSAA, a AAA Insurer, offers automobile, homeowners and other personal lines of...
Jul 15 2022 // The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn’t necessarily scaring insurers away, according to a 2022 Cyber...
Jul 14 2022 // Long-haul travel is back among Danes and even more popular than before the COVID-19 pandemic, as pent-up wanderlust increasingly drives them to venture outside Europe’s borders, Scandinavia’s largest insurer...
Jul 13 2022 // A Louisiana judge ruled last week that the state’s insurance commissioner’s directive ordering insurers to pay policyholders’ Hurricane Ida evacuation expenses is invalid and unenforceable.Judge Patrick...
Jul 13 2022 // An insurance company that covers counties and other public entities in Idaho says it won’t renew Canyon County’s insurance policy because of increasing risks and a high volume of claims.The Idaho Counties Risk...
Jul 13 2022 // Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market.Fraser joins as president of Mosaic Insurance...
Jul 12 2022 // An ambiguous “extra expense” provision in a commercial property insurance policy requires the insurer to pay for new equipment that a grocery store and delicatessen needed for a new location after its former...
Jul 11 2022 // Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection...
Jul 11 2022 // A little over a month after a jury found that actress Amber Heard had defamed ex-husband Johnny Depp, one insurer of Heard is asking a court to rule it has no obligation to indemnify her.New York Marine and General...