All the headlines from our Carriers Topic Page, ordered by recency.
Sep 7 2021 // The New York State Department of Financial Services (DFS) has issued a circular letter to New York-regulated insurers to expedite Tropical Depression Ida-related insurance claims.On September 1, 2021, the remnants of...
Sep 7 2021 // California and Florida have long been seen as risky areas for insurers because of earthquakes, wildfires and storms. In the wake of hurricanes Ida and Henri, parts of the Mid-Atlantic region may be added to the...
Sep 7 2021 // Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition.The powerful new platforms, including Semsee,...
Sep 7 2021 // As tens of thousands of Louisianians are experiencing hardship after Hurricane Ida in the face of evacuations, physical damage to their homes and businesses, power outages, a lack of drinking water and localized gas...
Sep 6 2021 // Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level.While 36 U.S. states and the...
Sep 6 2021 // The U.S. government in late August said it would work with the industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to...
Sep 6 2021 // The U.S. property/casualty industry grew its net underwriting income by 28% in the first six months of 2021 compared with the same prior-year period.According to a new AM Best report, a 5.4% growth in net earned premiums...
Sep 6 2021 // In the next 12 months, 56% of insurance companies plan to increase staff while 37% plan to maintain their current staff size, according to The Jacobson Groups’ latest labor study.Technology, claims and operations...
Sep 2 2021 // South African insurer Discovery scrapped its annual dividend again on Thursday and said it may have to raise equity capital to cover costs linked to its investment in China’s Ping An, sending its shares down 8%.The...
Sep 2 2021 // German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s insurance lobby GDV said on Thursday.It could be the most expensive year for...
Sep 1 2021 // An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to the devices that transmit texts, maps, videos and scientific data, industry sources...
Aug 31 2021 // While large, national property/casualty insurers with leading market shares in both the residential and commercial property markets in Louisiana will be exposed to losses resulting from Hurricane Ida, which hit the state...
Aug 31 2021 // Production on the new “Mission: Impossible” movie was shut down seven times due to the coronavirus pandemic, according to a lawsuit filed on Monday that accuses the film’s insurance company of failing to...
Aug 31 2021 // Insurance companies have settled another sexual abuse lawsuit brought against Kiwanis International, this time for $9 million in a case involving seven men who were sexually abused at a Centralia, Washington, group home...
Aug 30 2021 // A new Missouri law that went into effect on Aug. 28 revises provisions for producer license renewals and provides opportunities toward continuing education credits for insurance professionals. It also enacts several...
Aug 26 2021 // In the next 12 months, 56% of insurance companies plan to increase staff while 37% plan to maintain their current staff size, according to The Jacobson Groups’ latest labor study.Technology, claims and operations...
Aug 26 2021 // OTTAWA – Canada’s ruling Liberal Party said on Wednesday that if re-elected it would raise corporate taxes on the most profitable banks and insurers to help pay for the cost of the COVID-19 recovery.The Liberals...
Aug 26 2021 // For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts to exit the oil and gas industry.To date, just one insurer has promised to take “significant...
Aug 26 2021 // The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to...
Aug 25 2021 // LONDON – Insurers in Britain that are not ready to implement tougher “value for money” rules on car and home policies could face disciplinary action, the Financial Conduct Authority said on Wednesday.The FCA...