All the headlines from our Carriers Topic Page, ordered by recency.
Nov 23 2021 // This post is part of a series sponsored by AgentSync.The sales role is the lifeblood of insurance, and with a complex pipeline of agencies, agents, brokers, etc., carriers and MGAs can understandably be confused by how to...
Nov 23 2021 // Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27.6%, according to The Council’s...
Nov 19 2021 // The Kentucky Associated General Contractors’ Self-Insurers’ Fund will make a $27 million dividend payment to members next spring, the fund announced. The dividend marks the 28th straight year that the fund has...
Nov 19 2021 // TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion ($1.6 billion) in Canada’s second-largest IPO.Waterloo, Ontario-based Definity...
Nov 19 2021 // LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts.Faced with increased...
Nov 18 2021 // United States Attorney Duane A. Evans announced today that a New Orleans, Louisiana woman entered a plea of guilty today to Conspiracy to Commit Mail Fraud, in violation of Title 18, United States Code, Section 371,...
Nov 18 2021 // An insurance company is suing the mother of two boys killed by her estranged husband over a $4 million life insurance payout, claiming she may not have been legally entitled to receive the funds. Meanwhile, she is trying...
Nov 18 2021 // Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., raised about C$1.4 billion ($1.1 billion) in the largest Canadian initial public offering of the year.A total...
Nov 18 2021 // American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price...
Nov 17 2021 // Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become the first wholly foreign-owned life insurer in China created from a joint venture.Many...
Nov 17 2021 // Austin-based landlord insurance company Steadily has completed its latest investment round, bringing its total funding to $31 million.Steadily serves 17 million individual rental property owners who collectively own single...
Nov 16 2021 // AutoPilot revolutionizes insurance licensing services by pairing modern technology, deep expertise, and high-touch service, powering growth for agencies and carriersDENVER, CO – November 16, 2021 – AgentSync, the...
Nov 16 2021 // New Orleans resident Raynard Sanders can detail the many ways Black businesses and culture thrived under the canopy of oak trees along Claiborne Avenue: the Black insurance companies, the corner lot home to the Black...
Nov 15 2021 // The New York State Department of Financial Services (DFS) has issued final guidance to New York-regulated domestic insurers regarding their management of the financial risks from climate change.After issuing a proposed...
Nov 15 2021 // The U.S. commercial auto insurance market turned in results for 2020 that were the best it has seen in several years, although it still did not achieve an underwriting profit.Despite several years of price increases and...
Nov 15 2021 // GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds,...
Nov 15 2021 // The Louisiana insurance commissioner is seeking a government takeover of Access Home Insurance Co. and State National Fire Insurance Co., two regional insurance companies that are facing insolvency due to losses from...
Nov 15 2021 // A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost of settlements may spell trouble for commercial liability insurers.Policyholder attorney...
Nov 12 2021 // This post is part of a series sponsored by The Hanover Insurance Group.In a world of ever evolving risk, marine coverage is an essential part of any insurance program. Why? There are numerous situations where standard...
Nov 12 2021 // HONG KONG – Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto services portal Autohome, three people familiar with the situation told Reuters.Ping An, which is currently...