All the headlines from our Carriers Topic Page, ordered by recency.
Jul 11 2022 // An official at China’s banking and insurance regulator said authorities will use policy tools “flexibly and precisely” at proper times to stabilize the economy, while banks and insurers will “go all...
Jul 7 2022 // A North Carolina appellate court has overturned a rare win by businesses seeking to compel insurance coverage for their COVID-19 shutdown losses.In North State Deli et al vs. The Cincinnati Insurance Co., a three-judge...
Jul 7 2022 // Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up...
Jul 5 2022 // Insurers might say this one falls in the category of “no good deed goes unpunished.”In a workers’ compensation decision published July 5, the North Carolina Court of Appeals held that the re-issuance of a...
Jul 5 2022 // Twenty-one crew members remain aboard a bulk carrier which lost power in turbulent waters near Sydney, after overnight rescue attempts failed.The MV Portland Bay, which has been without power since early Monday, has been...
Jul 4 2022 // A doctrine that prevents parties from seeking reimbursement for intangible economic losses caused by maritime negligence doesn’t prevent an insurer from recouping $1.7 million it paid to a policyholder for damage to...
Jul 4 2022 // In order to continue the discussion regarding what constitutes a Super Regional P/C Insurer™ and to give definition to this important group of insurers, Demotech Inc. analyzed year-end 2021 data for property/casualty...
Jul 4 2022 // Insurtechs and insurance companies are “breaking down the wall” that stood between them as competitors in favor of working together to tackle dynamic cyber risk.“We’re all trying to solve the same...
Jul 1 2022 // Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved for a premium increase.The fund’s governing body, the State Board of Administration, this month...
Jun 30 2022 // Marsh announced today several enhancements to directors and officers liability (D&O) insurance offerings that could enable more clients to benefit from superior environmental, social, and governance (ESG)...
Jun 30 2022 // Total insurer combined losses and expenses incurred in 2021 were $13.1 billion, or 96% of calendar year premium, compared with $12 billion in 2020, according to a report released today. The Workers’ Compensation...
Jun 30 2022 // Insurers and the Roman Catholic Diocese of Rochester have agreed on a schedule for discovery and a bankruptcy court trial regarding a proposed $147 million settlement to cover sex abuse claims against the church. The...
Jun 30 2022 // EU antitrust enforcers accepted on Thursday an offer from Irish insurers’ association Insurance Ireland to open up its data sharing platform to non-members and apply fair criteria to access it aimed at averting a...
Jun 30 2022 // Turkey’s insurance association is in talks with the country’s Treasury on a potential inflation-indexed bond issue, the group’s head told Reuters, as insurers seek a new mechanism to protect their capital...
Jun 30 2022 // New Mexico Superintendent of Insurance Russell Toal and American Property Casualty Insurance Association President and CEO David A. Sampson are urging Congress to act quickly to pass the Hermit’s Peak Fire Assistance...
Jun 29 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...
Jun 29 2022 // A Florida accident victim gets a second chance to compel an auto insurer to pay a $12.7 million judgment after the insurer failed to respond to a $10,000 settlement offer, a federal appellate court ruled Tuesday.A divided...
Jun 29 2022 // A unit of Carlyle International Energy Partners LP has assumed the full risks of operating a new gas field in the Romanian waters of the Black Sea as insurers shun the zone because of its proximity to the war in...
Jun 29 2022 // Insurtechs bent on disrupting the insurance industry haven’t succeeded so far, but a future wave of insurtechs might emerge to accomplish a similar goal, carrier executives said recently.Speaking at the 38th Annual...
Jun 29 2022 // Florida insurers may have another weapon in the war over assignments of benefits in insurance claims, thanks to an appeals court ruling that went against one of the insurance industry’s most visible and active...