Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
2021 Brings Tough Insurance Market for Airplanes, Copters & More
Apr 5 2021 // The aviation insurance market is feeling the pressure on rates and availability after 10 years of soft conditions. Eric W. Barfield, chief operating officer at Assured Partners’ Aerospace division, says this small...
Insurance Industry Stepping Up as Cyber Risks Mount for High-Net-Worth
Mar 31 2021 // Powered by InsuranceJournal.tv Cyber attacks can strike any individual or business at any time, but on this episode of the Insuring Cyber Podcast, Insurance Journal’s Elizabeth Blosfield spoke with two guests about...
2020’s P/C Insurance Industry Results and What They Mean for 2021
Mar 31 2021 // The most recent tallies of financial results by rating agency analysts reveal that the property/casualty insurance industry weathered the storms of catastrophe losses and COVID, with one segment actually reporting better...
Bail Bond Insurance Industry Spends to Defend Profitable Business Against Critics
Mar 26 2021 // Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United States, a system that brings insurers $15 billion in business a year, according to a Reuters...
Insurance Industry Got Closer to Manufacturing Clients During Pandemic
Mar 22 2021 // The U.S. manufacturing industry is on the rebound from effects of the global pandemic-driven shutdown more than a year ago. While U.S. industrial production and U.S. total factory orders fell substantially in April 2020,...
Citizens’ CEO: Florida Property Insurance Market is Shutting Down
Mar 19 2021 // Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new policies flood into it each week and the private homeowners insurance market continues...
Employment Practices Insurance in Age of COVID, Vaccines, Shutdowns and Hard Market
Mar 18 2021 // Overall trends for the past 30 years in the employment practices liability insurance market have been influenced by society and culture. As concerns over racial and disability discrimination, sexual harassment, gender...
Insurance Industry Groups Join Forces to Help UK Career-Break Women Return to Work
Mar 16 2021 // Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to return to work. The program will enable participating firms to tap into...
What Stakeholders Are Saying About the Florida Insurance Market
Mar 11 2021 // Florida stakeholders are pushing hard for the Florida Legislature to enact property insurance reforms this year to help the state address what has been deemed a market crisis. Read on for what everyone from the...
Larry Goanos’ New Book ‘Professional Lines Insurance: An Oral History’ Accounts the Real-World Workings of the Professional Lines Insurance Market
Feb 23 2021 // San Diego, CA (February 23, 2021) – Insurance Journal’s Academy of Insurance today announced the release of “Professional Lines Insurance: An Oral History: The People and Companies that Built a...
IICF Hosts Virtual Insurance Industry Gala to Benefit Regional Nonprofit and Charitable Organizations
Feb 18 2021 // IICF Southeast Division event will help support more than 20 nonprofits DALLAS (Feb. 1, 2021) –The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and...
Future of the Insurance Industry and Who Owns It: 3 Scenarios From Verisk’s Anquillare
Feb 17 2021 // The question is not whether the future of the insurance industry is bright. “Few industries are better positioned for outstanding growth over the next 15 years,” insists Verisk’s Mark...
Diversity in Insurance Industry Calls For Including Different Mindsets and Experiences
Feb 17 2021 // Insurance industry leaders have renewed their focus on recruiting, hiring and promoting not just to fill a crucial talent gap with quality candidates, but also to intentionally diversify their workforce. The civil unrest...
USAA, Serving Military and Veterans, Enters Small Business Insurance Market
Feb 8 2021 // The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business insurance policies for the first time. The company will initially offer the coverage in five states...
3 Ways COVID-19 Will Continue to Impact Insurance Industry in 2021
Feb 5 2021 // The effects of the COVID-19 pandemic will be felt by the insurance industry and its customers well into 2021 as consumers and businesses continue to face economic challenges, according to a new survey by consumer credit...
USAA, Serving Military and Veterans, Enters Small Business Insurance Market
Jan 28 2021 // The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business insurance policies for the first time. The company will initially offer the coverage in five states –...
Insurance Industry Veterans Launch Upland Capital Group in Dallas
Jan 25 2021 // Upland Capital Group (Upland), a Dallas-based specialty insurance business led by long-time insurance and investment executives has opened for business. Upland is funded through an equity investment of up to $200 million...
Personal Lines Insurance Market Outlook as Stable: AM Best, Moody’s
Jan 25 2021 // AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private...
Florida’s Property Insurance Market Is ‘Spiraling Towards Collapse’ Due to Litigation: Report
Jan 20 2021 // Florida’s property insurance market is “spiraling towards collapse” and requires immediate attention if there is any chance of protecting the market, consumers, and ultimately, the state’s economy,...
Tennessee Touts 2020 Growth of Insurance Industry, Consumer Efforts
Jan 20 2021 // The Tennessee Department of Commerce & Insurance (TDCI) has located and returned more than $22.8 million to Tennesseans in combinedlife insurance benefits/annuities and monies through its mediation efforts in...
