All the headlines from our Carriers Topic Page, ordered by recency.
Feb 11 2022 // A workers’ compensation judge may not disqualify a treating physician simply because the doctor’s prices exceed the Florida workers’ comp fee schedule, a state appeals court decided this week.“In...
Feb 10 2022 // UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber market. With ransomware attacks becoming more prevalent, the company sees still more opportunity...
Feb 10 2022 // Although the election is still months away, the race for Georgia insurance commissioner already is a campaign of firsts — and some strong rhetoric aimed at insurance companies and regulators.Janice Laws Robinson, an...
Feb 9 2022 // Finnish financial group Sampo reported stronger than expected fourth quarter earnings on Wednesday boosted by its core insurance operations, sending its share up more than 2%.The pan-Nordic insurer reported a pretax profit...
Feb 8 2022 // The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to stop writing new homeowner business in the state – while also asking for a rate increase...
Feb 8 2022 // A new auto insurer is turning the tables on car manufacturers that offer insurance with their roadside and emergency services by including these accident services with its auto insurance policy.Austin, Texas-based Sensa is...
Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...
Feb 7 2022 // Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial auto liability coverage rates are starting to...
Feb 7 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...
Feb 7 2022 // For at least the past couple of decades, it seems that in just about every contract, the upstream party wants to be an additional insured (AI) on the downstream party’s insurance. Most commonly, the request is for AI...
Feb 7 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...
Feb 4 2022 // A holding company formed by the owner of the Sacramento Kings basketball team has agreed to purchase National Security Group Inc., an Alabama-based specialty underwriter of property, casualty and life insurance, for $41...
Feb 4 2022 // Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116 billion, the third largest total since 2011, and about 63% higher than the average loss...
Feb 4 2022 // The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations,...
Feb 4 2022 // Last month the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages Merck & Co. said it suffered from a spring 2017 cyber attack known as...
Feb 3 2022 // The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents and Brokers of Washington jointly filed two legal actions to halt the enforcement...
Feb 3 2022 // Kemper Corp. said it is taking rating and other actions, including canceling some agents, as it seeks to recover from inflation-riddled fourth quarter financial results.Kemper Corp. reported a net loss of $105.8 million...
Feb 3 2022 // The United States Court of Appeals for the Eighth Circuit said that an insurer does not have to provide coverage to a St. Louis, Missouri janitorial service company for a workplace discrimination lawsuit, affirming a...
Feb 2 2022 // Auto insurer Lyndon Southern Insurance Company has paid a maximum $350,000 fine after the Louisiana Department of Insurance performed a comprehensive market conduct examination of the company and found 32 instances of...
Feb 2 2022 // It came later than some had expected, but Florida’s Senate Banking and Insurance Committee on Wednesday passed a much-anticipated bill that aims to close gaps left by last year’s insurance reform...