All the headlines from our Carriers Topic Page, ordered by recency.
Feb 2 2022 // Powered by InsuranceJournal.tvMuch uncertainty exists around catastrophic cyber threats, and for an industry so focused on analyzing risk, that’s a big challenge, experts say. Some of the recent cyber attacks on...
Feb 1 2022 // Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto, homeowner and renter insurance for three years.Kreidler’s rule temporarily banning...
Feb 1 2022 // Insurers have paid or reserved $10.5 billion on all types of Hurricane Ida-related claims in Louisiana through the end of 2021, Insurance Commissioner Jim Donelon said in a release Jan. 31.The Louisiana Department of...
Feb 1 2022 // Cyber insurance and security provider Resilience Cyber Insurance Solutions has created a captive reinsurance company.Through the Bermuda-based captive, Resilience will retain a share of each risk it underwrites. CJ...
Feb 1 2022 // Many in the insurance industry may think of the Federal Home Loan Bank as an agency that facilitates affordable mortgages for homes.The system, founded in the waning days of the Herbert Hoover administration to support...
Jan 31 2022 // Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by the Coalition Against...
Jan 31 2022 // Wouldn’t it be nice, if, instead of relying on adjusters and restoration companies to surmise how much damage was actually caused by a water leak, an insurer could stop the leak almost before it starts.That’s...
Jan 28 2022 // It seems more and more budding entrepreneurs have followed the allure of starting a home-based business, so much so that it is estimated that half of the 30 million small businesses in the U.S. are home-based.AXIS...
Jan 27 2022 // An insurer group is unhappy with new legislation to require insurance companies operating in California to disclose investments in fossil fuel-related entities as well as the fossil fuel-related companies and projects...
Jan 27 2022 // The Missouri Department of Insurance announced that consumers received nearly $25 million from their insurance companies in 2021 thanks to the services provided by the department’s Consumer Affairs Division and...
Jan 27 2022 // British insurer First Central Group Ltd. is considering a sale that could value the business at about 600 million pounds ($800 million), people with knowledge of the matter said.First Central Group is working with Evercore...
Jan 27 2022 // The global pandemic has shown how vital it is for firms to understand the services they provide and to invest in their operational resilience. While COVID has accelerated the insurance industry’s digitalization,...
Jan 26 2022 // A Tennessee doctor who pleaded guilty to running a pill mill has now filed suit against his property insurance carrier for failing to pay after a suspicious fire destroyed his clinic.Dr. David Bruce Coffey of Oneida, in...
Jan 26 2022 // Weston companies are one.Company officials recently announced that Florida-based Weston Insurance Co. and Weston Specialty Insurance Co. have merged to form Weston Property & Casualty Insurance Co. The new firm has...
Jan 26 2022 // If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about: A Miami company is now offering cryptocurrency-based mortgages.Some insurance representatives are...
Jan 25 2022 // California Assemblyman Marc Levine (D-Marin County) on Tuesday introduced a bill to require insurance companies operating in California to disclose investments in fossil fuel-related entities as well as the fossil...
Jan 24 2022 // The insurance industry is far from the economy’s most-admired sector. A Forbes survey found insurance ranking low in popularity in the public eye. Three main reasons are responsible for insurers’ relatively...
Jan 24 2022 // Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in...
Jan 24 2022 // The West Virginia Senate has passed a bill that would create a mutual insurance company dedicated to coal mine reclamation costs.Senate Bill 1, backed by Senate President Craig Blair, would help the state avoid what Blair...
Jan 24 2022 // More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered from 2021 Winter Storm Uri, which resulted in more than 500,000 insurance claims...