Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Bell Joins Insurance Industry Charitable Foundation Board
Aug 9 2010 // The board of governors of the Insurance Industry Charitable Foundation (IICF) based in Walnut Creek, Calif., has appointed Walter A. Bell, chairman of Swiss Re American Holding Corp., to its national board of...
Towers Watson: Gulf Oil Spill not a Major Event for P/C Insurers
Aug 2 2010 // The Deepwater Horizon disaster in the Gulf of Mexico will not be a major event for the property/casualty insurance industry, but it may spur tightening of insurance terms and prices in the energy sector, according to...
People
Aug 2 2010 // Stephen M. Franz was named senior vice president of Dallas-based managing general agency and wholesale broker Capstone Underwriters LLC. Franz has been with Capstone since 2004. Prior to Capstone, he held positions at all...
California GOP Nominates Villines for Insurance Commissioner
Aug 2 2010 // Assemblyman Mike Villines says the California Department of Insurance needs a good manager, not a politician looking at the post as a stepping stone to higher office. Villines will face Democratic Assemblyman Dave Jones in...
Top 25 Carriers’ First Quarter Results Show Soft Market May Have Finally Hit Bottom
Aug 2 2010 // The American psychologist and philosopher William James once said, “Pessimism leads to weakness, optimism to power.” This may be the adage of the Top 25 Property/Casualty companies based upon the dollar amount...
IJ’s Academy of Insurance Instructor Gears Up for Leadership Training
Jul 27 2010 // Kathy Ryan is no stranger to the challenges of leadership in the workplace. For two years, she’s been coaching executives of large companies on how to have those tough conversations with employees on performance. She...
MarketScout Features Insurance Industry Leaders at 2010 Entrepreneurial Insurance Symposium
Jul 26 2010 // Industry “think tank” focuses on new underwriting and distribution concepts. Property and Casualty insurance underwriting and distribution are changing dramatically. On September 14 and 15 MarketScout will host...
S&P Comments on Dodd-Frank Act’s Implications for Insurers
Jul 23 2010 // A comment from Standard & Poor’s Ratings Services notes that the Dodd-Frank Wall Street Reform and Consumer Protection Act “seeks to expand regulation to address many aspects of the financial services...
Ironshore Aviation Division Enters Global Space Insurance Market
Jul 22 2010 // Ironshore Inc.’s aviation division has entered a treaty reinsurance program with the Starr Group to provide protection against commercial satellite risk. The global space insurance program provides coverages for...
President Signs Historic Financial Reform Legislation
Jul 21 2010 // President Barack Obama on Wednesday signed a sweeping overhaul of the financial regulatory system. The “Dodd-Frank Wall Street Reform and Consumer Protection Act,” drafted in response to the recent financial...
Commercial P/C Insurance to Lag Economic Recovery: Conning Analyst
Jul 21 2010 // While property/casualty personal lines premiums are benefiting from rate growth, commercial lines continue to show softness, and will lag the economic recovery, according to the most recent Property-Casualty Industry...
GOP Nominates Villines for Insurance Commissioner
Jul 20 2010 // Assemblyman Mike Villines says the California Department of Insurance needs a good manager, not a politician looking at the post as a stepping stone to higher office. Villines will face Democratic Assemblyman Dave Jones in...
Despite Soft Market, Texas Agencies Manage to Grow
Jul 20 2010 // They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business,...
Insurance Journal’s Academy of Insurance Instructor Ryan Gears Up for Performance, Leadership Sessions
Jul 19 2010 // How to Have Tough Conversations with Employees and Leadership Training Top Webinar Schedule Kathy Ryan is no stranger to the challenges of leadership in the workplace. For two years, she’s been coaching executives of...
As the Wholesale World Turns
Jul 19 2010 // E&S Brokerage Mergers, Expansions and Start Ups, Oh My! 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...
People
Jul 19 2010 // Steven D. Johnson has been named CEO of the Applied Systems Client Network (ASCnet). Johnson has held staff leadership roles in five associations over the last 26 years. Most recently, he was executive director of the...
Petrosino Named President of City of Hope Insurance Council
Jul 16 2010 // Los Angeles – July 16 2010. Gary Petrosino, Executive Vice President of Chubb & Son, has been appointed President of City of Hope’s National Insurance Industry Council (NIIC) group. Petrosino is an...
How to Make Agent-Wholesale Relationships Work
Jul 16 2010 // It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a...
City of Hope Honors Ironshore CEO Kelley
Jul 14 2010 // Los Angeles – July 14 2010. City of Hope’s National Insurance Industry Council (NIIC) announced it will honor Kevin Kelley, CEO of Ironshore, with The Spirit of Life Award, City of Hope’s most prestigious...
Petrosino Named President of City of Hope Insurance Council
Jul 13 2010 // Gary Petrosino, executive vice president of Chubb & Son, has been appointed president of City of Hope’s National Insurance Industry Council (NIIC) group. Petrosino is an insurance executive with more than 30...
