Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
IICF Northeast Division Awards Record Total of Grants
Dec 13 2012 // The Insurance Industry Charitable Foundation (IICF) Northeast division made its largest-ever distribution of charitable grants at its sixth annual benefit dinner on Wednesday, Dec. 12. The total amount of awarded grants is...
Lloyd’s, JLT to Cover Unprecedented Antarctic Winter Crossing
Dec 13 2012 // Lloyd’s of London announced that “broker Jardine Lloyd Thompson (JLT) and a group of Lloyd’s syndicates, alongside other major insurance companies, have underwritten a bespoke policy to cover one of the...
Geneva Association Analysis Compares 28 Banks’, Insurers’ Systemic Risk
Dec 11 2012 // International insurance think tank, The Geneva Association has published a cross-industry analysis comparing the named 28 Global Systemically Important Banks (G-SIBs) to 28 of the world’s largest insurers on...
South Carolina Health Insurance Market Among Least Competitive: AMA
Dec 10 2012 // An American Medical Association analysis found that South Carolina has one of the country’s least competitive health insurance markets. The country’s leading lobby group for physicians said South Carolina has...
Building Momentum in the Construction Market
Dec 5 2012 // After four years of one of the most challenging construction markets, construction insurance experts are beginning to see signs of a slow recovery with some of their contractor and builder accounts. The current...
Study: North Dakota Health Insurance Market Near Monopoly
Dec 5 2012 // An American Medical Association study concludes that North Dakota’s health insurance market is almost a monopoly but the state’s dominant health insurer says consumers are not getting gouged. The study says a...
Willis Boosts Construction Practice with 4 Ex-Aon Specialists, 2 Others
Dec 4 2012 // Willis North America has made a series of appointments in its construction practice to serve clients in the expanding default insurance marketplace. The following individuals comprise Willis’ Default Insurance Group,...
Astonish Announces its Make-A-Wish Pledge Drive for December
Dec 3 2012 // Warwick, RI, 12/03/12 – Astonish, a leading digital marketing solutions and sales training provider for insurance agencies, today announced its annual Make-A-Wish pledge drive for December. During the month, it will...
Liability Insurance Shows Signs of Deteriorating Performance: Conning
Nov 29 2012 // The benign period for liability insurance results may have run its course. Current trends in loss frequency, tort filings, and reserve releases suggest that an inflection point may have been reached, according to a new...
Journalist Paula Zahn to Be Keynote Speaker at IICF’s Dec. 12 Benefit Dinner
Nov 28 2012 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced that award-winning journalist Paula Zahn will be keynote speaker at the organization’s benefit dinner on Wednesday Dec. 12, 2012 at the...
Agency E&O Outlook: Competition, Hard Market, Healthcare Effects and More
Nov 27 2012 // Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, however, are reflected in today’s insurance market for agency errors and...
Best’s Special Report on Columbia Cites Growth, Regulation
Nov 20 2012 // A special report from A.M. Best – “Regulation Tightens as Colombia’s Insurance Market Grows and Matures -“notes that “insurance companies operating in Colombia are benefiting from a vibrant,...
Connecticut Well-Positioned to Remain Insurance Capital: Report
Nov 14 2012 // The Connecticut insurance sector plays a vital role in the global insurance landscape and the state’s economy — and the state is well-positioned to remain as the U.S. insurance capital, a new report...
Kreidler’s 4th Term in Washington: Healthcare, Climate Change, Excess Surpluses
Nov 8 2012 // Washington Insurance Commissioner Mike Kreidler won nearly six in 10 votes in his re-election bid, giving him bragging rights as the U.S.’s longest currently serving insurance commissioner. Kreidler won 57.7 percent...
P/C Insurance Editor Sclafane Joins Wells Media Group
Nov 6 2012 // Susanne Sclafane has joined property/casualty insurance media company, Wells Media Group, as Senior Editor. In her new position, Sclafane will be in charge of improving the company’s content and services to meet the...
State Elections to Decide Insurance Commissioner, Ballot Initiatives, Court Contests
Nov 5 2012 // For the insurance industry, there is more at stake in the Nov. 6 election than who goes to or stays in the White House and Congress. The insurance industry will be watching who wins the gubernatorial races in 11 states,...
Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks
Nov 5 2012 // A slow trend toward economic recovery in the United States may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities. The good news is growth in...
What’s Ahead in Agency E&O
Nov 5 2012 // Competition, Hard Market, Healthcare Effects and More E&O Suits by Carriers Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends,...
Q2 Direct Premium Written Up Nearly 5% for P/C Companies
Nov 5 2012 // Overall, property/casualty insurance companies continued to serve their clients during an increased number of catastrophic events in 2011 as well as the tough economic conditions that have defined the better part of the...
Astonish Announces QQ Solutions as a Silver Sponsor for its Fourth Annual eAgent Summit Taking Place This Oct. 28-30
Oct 26 2012 // Warwick, Rhode Island, 10/26/12 – Astonish, the leader in insurance digital marketing solutions, is pleased to announce QQ Solutions, Inc., www.qqsolutions.com, as a Silver Sponsor for its fourth annual eAgent Summit...
