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