All the headlines from our Carriers Topic Page, ordered by recency.
Apr 12 2023 // Powered by InsuranceJournal.tvThere is a lot of talk about the insurance industry being slower to adopt new technologies, such as artificial intelligence, but Counterpart CEO Tanner Hackett and Socotra CEO Dan Woods both...
Apr 12 2023 // Circumstantial evidence suggesting a fire that damaged four buildings in the Queens neighborhood of New York City was caused by improper use of extension cords was not enough to allow an insurer to proceed with a...
Apr 10 2023 // Seventeen U.S. property/casualty insurance companies became impaired in 2021, with seven of the impairments driven by catastrophe losses from hurricanes, primarily in Louisiana and Florida, according to an AM Best...
Apr 6 2023 // As trial lawyers and news reports around the state continue to criticize Florida lawmakers for the far-reaching tort-reform passed last month, the Senate Banking and Insurance Committee has approved a bill designed to...
Apr 5 2023 // The pandemic kickstarted the new wave of accepting and using innovative systems and methods in the insurance industry. It opened eyes to the ways that innovations and technology could do more than just efficiently get the...
Apr 4 2023 // German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out...
Apr 3 2023 // During a webinar about an insurance industry labor market survey, an industry recruiter said insurance carriers are losing ground to managing general agents in the war for talent.“On the property and casualty side,...
Apr 3 2023 // Trium Cyber is the industry’s first Lloyd’s-approved company to provide mono-line cyber coverage for U.S. risks.Launched in January 2023, the full stack surplus lines insurer has joined the ranks of new...
Apr 3 2023 // While the continuously evolving cyber threat landscape is a growing problem for insurers, experts say it’s not an insurmountable one, and empathy and thoughtfulness will be key as insurers seek to tackle...
Mar 30 2023 // Key financial results for private U.S. property/casualty insurers significantly worsened in 2022 from a year earlier, according to preliminary results from global analytics provider Verisk and the American Property...
Mar 28 2023 // A federal judge on March 28 denied an appeal, largely made by insurers, to strike down the Boy Scouts of America’s reorganization plan approved last year to allow the nonprofit to settle tens of thousands of sexual...
Mar 28 2023 // UK insurer RSA announced it is exiting the UK personal lines motor market to focus on its core lines.The company explained the move by saying that the personal lines motor market in the UK remains extremely competitive and...
Mar 27 2023 // Although analysts at Fitch Ratings estimate that combined ratios for the directors and officers liability line remained below breakeven in 2022, with competition fueling price declines and the economic conditions...
Mar 24 2023 // Wisconsin law allows insurers to deduct from their liability any amounts paid for the same injury by a worker’s compensation carrier, but does that include amounts that are paid and later reimbursed?Secura Supreme...
Mar 24 2023 // Insurers continue to cover grain shipments from Ukraine through a U.N.-backed corridor although more clarity will be required soon, a senior Lloyd’s of London official said on Thursday, after the export accord was...
Mar 23 2023 // Kentucky’s governor this week signed into law a bill that seeks to make one thing perfectly clear: The Kentucky Insurance Guaranty Association will not pay claims from defunct self-insurers that are not members of...
Mar 22 2023 // Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according to Swiss Re’s latest sigma report.Claims from Hurricane Ian in Florida, record...
Mar 22 2023 // Gov. Ron DeSantis’ already strong stamp on the Florida Supreme Court will be even greater for years to come after Justice Ricky Polston retires at the end of this month.DeSantis will have appointed five of the...
Mar 22 2023 // Coalition Inc., a cyber-insurance provider that tries to curb digital risk, has designed technology that simulates large-scale attacks to help insurers identify potential weaknesses in their portfolios and prevent...
Mar 22 2023 // This post is part of a series sponsored by AgentSync. Stock markets are struggling. Venture capital funding is drier than it’s been in the last few years. Even with the midterm election wobbles in the rearview...