Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
P/C Insurance Industry Enlisting Veterans in Talent War
Jan 17 2012 // The property/casualty insurance industry is calling on the military for help in the talent war. Through special units, concerted outreach, mentoring programs, job fairs and partnerships with veterans organizations,...
P/C CEOs Say Low Interest Rates Push Need for Stringent Underwriting
Jan 17 2012 // The low interest-rate environment and poor investment income are pushing the need for more stringent underwriting for carriers, according to a panel of experts at a recent industry forum. Property/casualty insurers get...
2012 Off to Bad Weather Start for P/C Insurers
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Jones Announces Insurance Diversity Task Force for California
Jan 12 2012 // Insurance Commissioner Dave Jones on Thursday announced the formation of an Insurance Diversity Task Force to make recommendations about diversity in the insurance industry, including the diversity of corporate governing...
5 Strategies for P/C Insurers for 2012
Jan 10 2012 // The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning. Ernst & Young, the global tax and business advisory firm, said it expects...
A Sales Instructor Who Doesn’t Close? It’s True.
Jan 9 2012 // Academy of Insurance Instructor, Whitley, Reveals What He Learned From Top Producers Bill Whitley has never worked in the insurance industry, yet he effectively teaches producers how to flourish in their business....
Trends for 2012
Jan 9 2012 // Soft Market Here to Stay, Merger Activity, Financial Pressures and More In order to be proactive, one needs to understand and exploit current and future trends. So what will 2012 be like for insurance agents and brokers?...
The Construction Market Evolution
Jan 9 2012 // Henry Ford once said that his customers could order his Model T cars in whatever color the customer wanted, as long as it was black! For many years, the relationship between contractors and their insurance company seemed...
People
Jan 9 2012 // Southwestern Insurance Information Service elected Lyndell Haigood, regional vice president of State Auto Insurance, as chairman of the board; David Lacefield, executive vice president, National Lloyds Insurance, as vice...
Insurance Buyers’ Choice: Bigger Premium or Bigger Risk
Jan 6 2012 // Property/casualty insurers may be poised to raise their prices but buyers may not be in a position to pay more, advises a veteran of insurance cycles. “It’s not an issue of willingness. It’s an issue of...
Insurance Veterans’ Forecasts for 2012
Jan 5 2012 // Now that the year 2011 is behind us, let’s take a look at what might be ahead. Insurance Journal spoke with leading industry professionals and asked them what they are expecting this year. If their forecasts are any...
Western Insurance Agents Roundtable Discussion Highlights
Jan 5 2012 // Rancho Cordova, Calif.-based WIAA Education & Research Foundation, a nonprofit corporation focused on advancing knowledge of insurance industry professionals, hosted a recent roundtable discussion on the industry and...
Western Insurance Agents Roundtable: In Uncertain Economy, Change Is Certain
Jan 5 2012 // The economy, the promised-land of a hard insurance market and the need to master technologies dominated discussion at the first annual Insurance Industry Roundtable in Irvine, Calif. The daylong event was attended by 23...
Insurance Industry Charitable Foundation Harnesses New Technology to Reach Independent Agents
Jan 4 2012 // Walnut Creek, CA, 12/08/11 – The Insurance Industry Charitable Foundation (IICF) will make use of the new technologies available through the Virtual Insurance Marketplace to bring the organization’s...
ABI Seeks ‘Long Term’ Solution, Government Help to Cover UK Floods
Dec 28 2011 // Otto Thoresen, director general of the Association of British Insurers has issued a statement outlining the organization’s position on flood coverage in the UK, in response to recent proposals from the...
Insurance Charity Foundation Raises $1.2M at This Year’s Charity Event
Dec 21 2011 // The Insurance Industry Charitable Foundation (IICF) New York/Northeast division had a packed charity dinner event this year. The event was held on Dec. 14 at the Waldorf-Astoria Hotel in New York. It drew more than 900...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
Agency Pro-tection
Dec 16 2011 // E&O and Agency Assets Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They...
All in the Family
Dec 16 2011 // Young Agents Survey Reveals Strong Family Ties Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local...
Insurance Charitable Foundation Awards a Record Number of Grants
Dec 15 2011 // The Insurance Industry Charitable Foundation (IICF) New York/Northeast division awarded a record number of grants at its 2011 benefit dinner on Wednesday in New York City. In total, grants were awarded to 14 charitable...
