All the headlines from our Carriers Topic Page, ordered by recency.
Mar 1 2022 // Oklahoma Insurance Commissioner Glen Mulready informed all property and casualty insurers authorized to do business in the state that upon renewal of an existing policy, each Oklahoma policyholder must receive notice...
Mar 1 2022 // An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s Generali, following a legal challenge by a group representing bondholders, two...
Feb 28 2022 // A claims adjuster’s sub-standard investigation of a potential fatal accident claim does not warrant a multi-million award of damages against an insurer that issued a policy with a $25,000 limit, the Kansas Court of...
Feb 28 2022 // The U.S. Supreme Court has been asked to address whether federal drug law that criminalizes possession of marijuana invalidates state orders requiring employers and their workers’ compensation insurers to pay for...
Feb 28 2022 // Washington state regulators found more than 600 safety and procedural violations by school bus carrier First Student in the past two years, dozens of which persisted for years after company officials were warned of the...
Feb 28 2022 // One of the oldest Roman Catholic dioceses in the U.S. is suing four insurance companies over claims that they haven’t fulfilled contracts to provide liability coverage for sexual abuse complaints.The Archdiocese of...
Feb 28 2022 // Irish insurers’ association Insurance Ireland has offered to open up its data sharing platform to nonmembers and apply fair criteria to access it in an attempt to end a near-three EU antitrust investigation and stave...
Feb 28 2022 // India’s cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (LIC), a government source said, a change aimed at easing the listing of the...
Feb 28 2022 // St. Johns Insurance Co., one of the larger property/casualty insurers based in Florida, is now insolvent and will soon be liquidated.The Florida Department of Financial Services posted a notice Friday that a judge in Leon...
Feb 25 2022 // California Insurance Commissioner Ricardo Lara announced new regulations he believes will improve wildfire safety and drive down the cost of insurance for homeowners and businesses.The proposed regulations, which could be...
Feb 25 2022 // Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after Russia’s invasion of...
Feb 24 2022 // Insurers for an engineering firm overseeing major repairs at the collapsed Surfside condominium and for a law firm that advised the condo association have agreed to settle a lawsuit brought by survivors and families of the...
Feb 24 2022 // The Pennsylvania Supreme Court has sided with an insurer seeking subrogation for payments it made to an injured worker before it was determined the insurer was not obligated to make the payments.The state’s highest...
Feb 24 2022 // Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining Brazil’s largest hospital network with one of the country’s major...
Feb 24 2022 // The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty insurance, from allowing surplus lines carriers to be based in Florida, to...
Feb 24 2022 // The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in 2021, which focuses solely on directors and officers liability insurance.CEO Philippe...
Feb 23 2022 // The Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of fragmentation in the marketplace. The report spotlights the advantages agencies realize when they create...
Feb 23 2022 // Ms. Richards states, “It is an honor to serve a carrier so dedicated to fighting for justice on behalf of our insured partners.”Chicago, IL, February 23, 2022 — Rick J. Lindsey, President, CEO and Chairman of...
Feb 23 2022 // A push to make London more attractive as a global financial center after Brexit must not threaten high standards of solvency and behavior at banks, insurers and markets, the International Monetary Fund said on...
Feb 23 2022 // After his house burned down in 2015, Rick Merechka turned in a sworn proof of loss statement telling his insurance company that the replacement value of his household goods was $607,640.But in December 2010, Merechka and...