Latest Market Headlines

All the headlines from our Market Topic Page, ordered by recency.

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...

Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks

Oct 22 2012 // A slow trend toward economic recovery in the U.S. 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 sales...

Oklahoma Tribes Exploring Opportunities in Insurance Industry

Oct 18 2012 // Oklahoma Insurance Commissioner John Doak told state lawmakers and tribal leaders that he welcomed a partnership with Oklahoma tribes to create additional insurance opportunities for all Oklahomans, according to an an...

Chairman Nelson Talks About the Future of Lloyd’s

Oct 16 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...

Astonish’s 4th Annual E-Agent Summit is Close at Hand – Join Over 500 Insurance Professionals at One of the Biggest Insurance Marketing Events of the Year

Oct 16 2012 // Warwick, RI, 10/16/12 – Astonish is a digital marketing solutions and insurance sales training company focused on growing local insurance agencies into successful, selling powerhouses prepared to serve the modern...

Insurance Industry’s Text-to-Give Campaign Supports 4 Charities

Oct 15 2012 // A new text-to-give campaign as part of the Insurance Industry Charitable Foundation (IICF) Week of Giving will generate donations for four well-known national nonprofits. During October, insurance employees can donate $5...

Best Reports Italy’s Non-Life Insurance Sector Faces Shifting Landscape

Oct 11 2012 // The Italian non-life insurance market faces changes as the sector is subject to new legislation and industry consolidation, while the country’s ongoing economic challenges constrain demand for coverage, according to...