Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
P/C Insurers Post First Half Profit Despite Underwriting Losses
Sep 16 2010 // Private U.S. property/casualty insurers’ net income after taxes rose to $16.5 billion in first-half 2010 from $6 billion in first-half 2009, with insurers’ overall profitability as measured by their annualized...
Lloyd’s Recreates Famous Underwriting Room in Dublin for Charity
Sep 14 2010 // Lloyd’s has recreated its underwriting room in Dublin in the first event of its kind seen in Ireland. The unusual event “allowed representatives from the Irish and Lloyd’s markets to discuss their...
City of Hope Aims to Strike Out Cancer with Chicago Event
Sep 9 2010 // City of Hope’s Midwest Committee of the National Insurance Industry Council (NIIC) is hosting Aim to Strike Out Cancer, an evening of networking for insurance industry leaders along with fun, non-competitive bowling...
Fitch Revises U.S. P/C Industry Outlook to Stable
Sep 8 2010 // Fitch has revised its sector outlook on the U.S. property/casualty insurance industry to stable from negative for both the commercial lines and personal lines sectors. The ratings agency says that a stable outlook for the...
Insurance Leader Clements– Founder of Arch, Ironshore, Integro– Dies at 77
Sep 7 2010 // Robert Clements, a global insurance industry leader who helped start several insurers and a brokerage died on Sept. 4, 2010 of cancer at age 77. Clements founded Arch Capital Group and Ironshore Inc. and was instrumental...
City of Hope Aims to Strike Out Cancer with Chicago Event
Sep 6 2010 // City of Hope’s Midwest Committee of the National Insurance Industry Council (NIIC) is hosting Aim to Strike Out Cancer, an evening of networking for insurance industry leaders along with fun, non-competitive bowling...
Hurricane Katrina Changed the Market in Gulf States
Sep 6 2010 // Writing about the landfall of Hurricane Katrina five years ago, essayist Ellis Anderson of Mississippi likened the communities along the gulf to a string of pearls. “Then, in August 2005, in the course of a single...
People
Sep 6 2010 // Louisiana Workers’ Compensation Corp. (LWCC) promoted two key executives. Paul Buffone is now senior vice president of Risk Management Services, and David T. White is now vice president of Internal Audit. Buffone...
P/C Industry Shows Slight Premium Growth in Q2, But No Gain in Profits
Sep 6 2010 // The U.S. property/casualty industry experienced modest growth in premiums written but overall the industry saw deterioration in underwriting profitability in second-quarter 2010, fueled by trends among personal lines...
South Carolina Forms Insurance Funding Program
Sep 3 2010 // South Carolina Insurance Director Scott Richardson, will introduce the new South Carolina Insurance Funding Program (SCIF) during the annual South Carolina Captive Insurance Association Conference, Sept. 13-15 in...
InVEST Names Three New Board Members
Sep 2 2010 // InVEST, an insurance industry classroom to career education program founded by the Independent Insurance Agents & Brokers of America (the Big “I”), named three new members to its national board: Joey...
The Woodlands Financial Group Adds 3 New Texas Locations
Sep 1 2010 // The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/health insurance, and financial planning, has opened three new branch locations in Texas. Darrell...
A Stronger Property Insurance Market in Louisiana Post-Katrina
Sep 1 2010 // Despite the devastation from Hurricane Katrina in 2005, Louisiana Insurance Commissioner Jim Donelon says the state’s insurance market is stronger now and that the “outlook for continued market recovery is...
Hurricane Katrina Changed the Market in Gulf States
Aug 27 2010 // Writing about the landfall of Hurricane Katrina five years ago, essayist Ellis Anderson of Mississippi likened the communities along the gulf to a string of pearls. “Then, in August 2005, in the course of a single...
Florida Agents Group Appoints New Board Members
Aug 25 2010 // The Florida Association of Insurance Agents has appointed three new members to its Board of Directors. The appointments were made during FAIA’s 106th Anniversary Convention and Education Symposium. “The FAIA...
The Next Big Thing at the Entrepreneurial Insurance Symposium
Aug 25 2010 // The property/casualty insurance industry is undergoing substantial changes, from regulation to product delivery to technology. One conference that tackles some of the most innovative ideas on how the insurance industry can...
P/C Industry Shows Slight Premium Growth in Q2, But No Gain in Profits
Aug 19 2010 // The U.S. property and casualty industry experienced modest growth in premiums written but overall the industry saw deterioration in underwriting profitability in second-quarter 2010, fueled by trends among personal lines...
101 Sales & Marketing Ideas*
Aug 16 2010 // From … how to research and obtain referrals, why it’s important to listen to clients, what to do with social media, where to advertise and what to say … to how to use a questionnaire, court records, a...
Despite Claims, Utilities’ Insurance Market Still Softening
Aug 16 2010 // Insurance rates in the power sector are expected to soften further in 2010, despite the existence of many of the conditions that would normally presage a hardening market, according to the latest Power Market Review from...
E&S Wrap Up: Broker Mergers, Expansions and Start Ups
Aug 12 2010 // As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from launching new wholesale businesses or creating larger ones. Many...
