All the headlines from our Carriers Topic Page, ordered by recency.
Sep 15 2021 // U.S. P/C mutual insurance companies held their own in 2020 despite returning significant levels of premiums during the pandemic. In fact, net premiums written grew by 1.4 percent even with all the givebacks, according to a...
Sep 15 2021 // TC Energy Corp. is the latest Canadian pipeline company allowed to keep its insurers confidential as activist groups push firms to drop business with the fossil fuels industry.The Canada Energy Regulator ruled that the...
Sep 14 2021 // Insurance companies could face fines or be suspended from doing business for refusing to comply with Louisiana Insurance Commissioner Jim Donelon’s order to cover the temporary living expenses of policyholders who...
Sep 13 2021 // The New Jersey Department of Banking and Insurance (DOBI) issued a bulletin urging entities regulated by the department to work with and assist customers who have been adversely affected by Tropical Storm Ida.“New...
Sep 13 2021 // London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey of financial firms showed on Monday.Britain fully left the European Union,...
Sep 9 2021 // Louisiana’s top insurance regulator on Sept. 7 directed insurance companies pay policyholders’ Hurricane Ida evacuation expenses as damaged infrastructure and dangerous living conditions in Southeast Louisiana...
Sep 9 2021 // Cognizant Technology Solutions Corp. has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India.A...
Sep 8 2021 // CAPE TOWN — South Africa’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than the 3.9 billion rand ($272 million) already promised, its managing director told a...
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...