All the headlines from our Carriers Topic Page, ordered by recency.
Jun 3 2021 // The Illinois Supreme Court recently sided with a policyholder seeking defense from its insurer for a lawsuit brought by a customer of a tanning salon alleging the insured unlawfully disclosed the customer’s biometric...
Jun 3 2021 // Legislation to provide farmers with tools to help New York efforts to mitigate the impacts of climate change is making its way through state Legislature.The Soil Health and Climate Resiliency Act passed the Assembly...
Jun 3 2021 // Most of the world’s largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the lowest, according...
Jun 2 2021 // Howden, the London-based insurance broker, announced it is launching a UK insurer called Parhelion, which it describes as “the world’s first fully sustainable insurer.”Aiming to raise $500 million in...
Jun 2 2021 // Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades...
Jun 2 2021 // Allstate has agreed to acquire Ohio-based SafeAuto, which offers car insurance that meets the minimum legal requirements in 28 states.The acquisition will be through Allstate subsidiary National General and SafeAuto will...
Jun 1 2021 // A south-central Montana man who pleaded no contest to hiring someone to burn down his house for the insurance money so he could pay a debt to the federal government in a drug case has been ordered to pay...
Jun 1 2021 // ZURICH – Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an...
Jun 1 2021 // Florida-based SUNZ Insurance Co. is now licensed to write workers’ compensation policies in 13 additional states: Colorado, Hawaii, Iowa, Nevada, New Hampshire, New Mexico, South Carolina, South Dakota, Utah,...
Jun 1 2021 // A lawsuit filed over a dock fire that killed eight people at a county marina in north Alabama last year contends officials failed to ensure the safety of the structure.The wrongful death suit names Jackson County...
May 28 2021 // U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates...
May 28 2021 // The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020, although they still reported substantial net profit of $36 billion, according to a report published by S&P Global Ratings.This net profit...
May 27 2021 // U.S. insurers offering cyber coverage have been implementing significant pricing and underwriting actions in 2021 in response to a spike in cyber claims, according to Fitch Ratings.Fitch predicts that immediate improvement...
May 27 2021 // Lloyd’s and insurers in the London company market have formed a joint venture with DXC Technology, aiming to transform digital capabilities and reduce processing costs for the London insurance markets.The joint...
May 26 2021 // The Texas Department of Insurance (TDI) has issued a data call for information from certain insurance companies writing property insurance in Texas during calendar year 2020. The information will be used by the Texas...
May 25 2021 // Swedish tech start-up Haidrun has launched an enterprise blockchain platform targeted at insurers and reinsurers.Haidrun’s private blockchain platform eliminates suspicious and duplicate transactions by securely and...
May 25 2021 // Evertas, a cryptoasset insurance company, said it has raised nearly $5.8 million in seed funding, which it will use to accelerate product development, increase its insurance cap[a city and build out its infrastructure.The...
May 24 2021 // Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe that among relevant technology, artificial intelligence (A.I.) will have the greatest impact on...
May 23 2021 // A man who fell into depression and attempted suicide after he was gored by a bull can’t sue an insurance company for deciding to stop covering his medication, the Wisconsin Supreme Court ruled.According to court...
May 21 2021 // MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile...