All the headlines from our Carriers Topic Page, ordered by recency.
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...
Jan 17 2023 // Physician dispensing of medications has long been a flash point in workers’ compensation insurance, with at least 22 states regulating or restricting the practice. Florida is no exception to the controversy, and...
Jan 11 2023 // Shares in Direct Line lost more than a quarter of their value on Wednesday after the British motor and home insurer unexpectedly scrapped its 2022 final dividend, with stocks in rivals Admiral and Aviva also falling...
Jan 11 2023 // Tulsa, Oklahoma-based natural gas provider ONEOK, Inc. (NYSE: OKE) announced that it has reached an agreement with its insurers to settle all claims for physical damage and business interruption related to an explosion at...
Jan 10 2023 // The South Carolina Department of Insurance in 2022 returned $10.3 million to policyholders who filed complaints about insurance companies, the department said in a bulletin Tuesday.The department resolved some 4,500...
Jan 6 2023 // After a job-site injury left independent contractor Ernest Guthrie paralyzed below the waist, two insurers for the contractor that hired him agreed to pay the full policy limits — $1 million each — only one month after...
Jan 5 2023 // A directors and officers insurer has no duty to defend a New Mexico financial organization from litigation filed after its former chief executive officer was convicted of stealing $4.9 million from clients, a federal...
Jan 5 2023 // A federal judge in New Jersey has ruled that a New Jersey property owner is not entitled to insurance coverage for a shooting because it never disclosed it owned the banquet hall where the shooting took place on its two...
Jan 4 2023 // Frontline Insurance Group, parent to two significant property insurers in Florida, has had its financial rating stability withdrawn by the Demotech rating firm.Frontline corporate leaders were not available to talk about...