Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Reactions to Healthcare Ruling Coming In; What’s Yours?
Jun 28 2012 // Industry and other reactions to the U.S. Supreme Court decision upholding the Patient Protection and Affordable Care Act have been coming in. Readers are encouraged to offer their own reactions in Comments...
Kent State Announces New Bachelor’s Degree in Insurance Studies
Jun 27 2012 // Ohio’s Kent State University announced it will offer a bachelor’s degree in insurance studies. The Ohio Board of Regents recently approved the new degree, which will initially be offered only at Kent State...
P/C Industry 2011 Loss Reserve Position Sufficient, but Challenged: Conning Research
Jun 27 2012 // The property/casualty industry appears to have sufficient reserves, but older reserves continue to develop adversely in 2011, according to analysis by Conning Research & Consulting. “Our view of the...
P/C Insurers Profits Rose to $10.1B in Q1
Jun 27 2012 // Private U.S. property/casualty insurers’ net income after taxes rose to $10.1 billion in first-quarter 2012 from $7.8 billion in first-quarter 2011, with insurers’ overall profitability as measured by their...
P/C Industry Should Not Expect Traditional Hard Market Soon: Hartwig
Jun 26 2012 // Although insurance rates have been drifting upward in recent months, the property/casualty industry is unlikely to see a return to the traditional hard market this year or next, an insurance expert told reinsurance...
Best Special Report on Russia Says ‘Insurance Revolution Begins to Gain Pace’
Jun 26 2012 // A.M. Best ahs issued a special report – “Russia’s Insurance Revolution Begins to Gain Pace,” which notes that “insurance penetration is low, even when including compulsory lines such as...
Re/insurers Join Efforts to Support UN’s Principles for Sustainable Insurance
Jun 25 2012 // A number of insurers and reinsurers have agreed to join the UN-backed set of Principles for Sustainable Insurance. The initiative aims to provide insurance tools for risk management in support of environmental, social and...
Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market
Jun 21 2012 // The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media...
Economic Crisis Challenges Harmonization of U.S. Regulations, EU’s Solvency II
Jun 18 2012 // The EU’s Solvency II regulations get most of the headlines, but there are other regulatory bodies, which are trying to modernize and harmonize the regulations for global insurance companies. Their task has been made...
Insurance Industry Charitable Foundation Plans to Expand Its Charitable Services to Boston
Jun 18 2012 // The Insurance Industry Charitable Foundation (IICF) is planning to expand its volunteer and charitable services to the Boston and New England region. The foundation is holding an informational meeting in Boston on June 20...
What Do Millennials Want?
Jun 18 2012 // Flexibility, Balance, Respect and Accessibility Are Important, Studies Find There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby...
Future Vision: Will Driving Become Too Safe to Insure?
Jun 18 2012 // What would happen to the auto insurance industry if automobile safety improves to the point that vehicle collisions become relics of the past? That’s the question explored by global consulting and research firm,...
Game On!
Jun 18 2012 // Market Conditions Right for Insurers in Sports, Entertainment Segment Americans love their sports and entertainment, and right now so does the insurance industry. Insurers are renewing their focus on this class where they...
In the Workplace, What Do Millennials Want?
Jun 11 2012 // There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby boomers that are beginning to retire and will continue to do so into the next...
EU Insurers Still Coming to Terms with Solvency II as Start Date Nears
Jun 8 2012 // “Over the next 18 months it’s estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for Solvency II (SII),” said Garvan O’Neill, a partner in...
Insurance Industry Charitable Foundation Plans Expansion to Boston
Jun 7 2012 // The Insurance Industry Charitable Foundation (IICF) is planning to expand its volunteer and charitable services to the Boston and New England region. The foundation will hold an informational meeting in Boston this month...
Near National Property/Casualty Carriers Identified for 2012
Jun 4 2012 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners. The 11 categories...
Future Vision: Will Driving Become Too Safe to Insure?
Jun 4 2012 // What would happen to the auto insurance industry if automobile safety improves to the point that vehicle collisions become relics of the past? That’s the question explored by global consulting and research firm,...
What Do Millennials Want?
Jun 4 2012 // Flexibility, Balance, Respect and Accessibility Are Important, Studies Find There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby...
Consultant Burand Launches Agency E&O Blog on InsuranceJournal.com
May 30 2012 // Insurance agency consultant Chris Burand is launching a new blog on insurance agency errors and omissions (E&O) issues on InsuranceJournal.com In Burand’s Agency E&O Blog, the consultant will share E&O...
