All the headlines from our Carriers Topic Page, ordered by recency.
May 12 2022 // This post is part of a series sponsored by AgentSync.If you’re just starting out as a small agency, as a firm or IMO, you may at first struggle with getting carrier appointments, but persistence is key to your...
May 10 2022 // Pool Re, Britain’s leading terrorism reinsurer, announced the most significant reduction in its reinsurance pricing in 20 years. The reduction, which will come into effect in October 2022, will vary according to...
May 9 2022 // S&P Global Ratings said it is withdrawing a proposal to change the way it assesses risk-based capital adequacy for insurers and reinsurers.For the first time in more than 10 years S&P looked to change the manner in...
May 9 2022 // Heritage Property & Casualty Insurance Co. reported more losses for the first quarter of 2022 and a spike in its combined ratio. But company officials said Friday they are taking aggressive steps, including rate...
May 6 2022 // The British government should practice what it preaches on net-zero emissions, according to insurer Aviva Plc and conservation group WWF.Having said last year that UK-based companies must detail how they will deliver on...
May 5 2022 // S&P Global Inc. should “carefully consider” a proposed tweak to how it assesses the creditworthiness of bonds owned by insurance companies, the Justice Department said, warning that such a change...
May 5 2022 // Insurance technology leader unveils the most efficient solution to streamline all carrier contracting needs, from managing carrier requirements to tracking producer status.Denver, CO, May 5, 2022 –– AgentSync, the...
May 4 2022 // Western ship insurers are terminating cover for Russia’s leading shipping company Sovcomflot as multiple sanctions start to bite, companies involved say, adding to the growing challenges for the state-owned company...
May 4 2022 // Sanlam Ltd., Africa’s largest insurer, agreed to form a joint venture with Germany’s Allianz SE that will combine their assets on the continent valued at 2 billion euros ($2.1 billion) and help the partnership...
May 2 2022 // Kentucky has become the 21st state to adopt a data security law that will require insurers and larger agencies to beef up measures designed to help prevent cyber attacks and data breaches.Gov. Andy Beshear in April signed...
May 2 2022 // Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2021, costing $881 million, according to an analysis by the Insurance Information Institute...
May 2 2022 // If you’re an independent agent who is thinking about joining a network, you probably want to know what networks can offer you. Access to the top 10 carriers is often the highest priority on an agency’s wish...
May 2 2022 // Lloyd’s of London syndicate Aspen Insurance has decided to cut ties with the existing Trans Mountain pipeline when its current insurance policy expires this summer, according to the climate activist group, Coal...
Apr 29 2022 // Louisiana Insurance Commissioner announced insurers have paid or reserved $12.1 billion on all types of Hurricane Ida-related claims in Louisiana through March 31. This data is the second measure of damage from Hurricane...
Apr 29 2022 // Hippo Insurance Services announced it will offer home insurance products in New York State. With New York, Hippo products are now in 38 states. New Yorkers will have access to Hippo’s offerings, including home...
Apr 28 2022 // Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at around $20-30 million and said further potential losses in the region were within its risk...
Apr 28 2022 // Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure.Britain inherited rules...
Apr 27 2022 // All Property & Casualty insurers in Oklahoma will face a $150 assessment to fund the Oklahoma Market Assistance Program (OK-MAP) Plan of Operation, the Oklahoma Insurance Department announced this week.The OK-MAP Plan...
Apr 27 2022 // India slashed the size of its biggest initial public offering by about 60%, pressing ahead with the sale even as the war in Ukraine continues to weigh on investor demand.Prime Minister Narendra Modi’s government will...
Apr 27 2022 // A group of Democratic lawmakers, mostly members of the Congressional Progressive Caucus, have asked some of the nation’s biggest insurance companies to stop underwriting new fossil fuel projects that contribute to...