Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Md. Task Forces Hears From Industry on Need for Stronger Structures
Oct 4 2007 // Opportunities exist in the public and private sectors to increase the disaster resistance of homes and businesses and contribute to the overall health of Maryland’s insurance market, says Harvey Ryland, president and...
D&O, Business Insurance Prices – Except Property – Continue to Drop
Oct 2 2007 // Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk...
N.D. Commissioner’s Departure Sparks Debate on Conflict of Interest
Oct 1 2007 // Consumer spokesmen want a national group of insurance regulators to toughen its conflict-of-interest policies, in part because of questions raised by last month’s resignation of former North Dakota Insurance...
The Offshore Tax Debate – Déjà vu – All over Again
Sep 28 2007 // At least that’s how Yogi Berra might describe it. On Sept. 25 William R. Berkley, chairman and CEO of the company of the same name, gave a detailed indictment before the Senate Finance Committee of the iniquities...
Soft Market Isn’t Hard for Surplus Lines Industry, A.M. Best Reports
Sep 28 2007 // After a flat year in 2005, U.S. surplus lines premium volume rebounded in 2006 and carriers again posted strong underwriting results. In 2006, surplus lines carriers generally stuck to their guns on pricing in lines where...
R&M Reports on Brazil Non-life
Sep 27 2007 // Research and Markets has added “Non-Life Insurance in Brazil” to their offering. The research firm said its new offering is “an essential resource for top-level data and analysis covering the non-life...
Insurers Urge Congress to Level Bermuda Insurers’ Tax Playing Field
Sep 26 2007 // An industry executive, representing a coalition of 14 large U.S.-based insurance groups, told the U.S. Senate Finance Committee on Wednesday that a major tax advantage for certain foreign insurance groups could threaten...
Anchor Consulting Group Provides Innovative IT Service Plans for Insurance Industry
Sep 25 2007 // Los Angeles- Anchor Consulting Group, one of the leading IT consulting firms in Southern California, is meeting the distinctive IT support needs of the insurance sector with industry-specific strategic service plans which...
R&M Adds Datamonitor Global P/C Insurance Report
Sep 25 2007 // Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential...
P/C Insurers’ Underwriting Results, Profitability Slip in First-Half 2007
Sep 25 2007 // The U.S. property/casualty insurance industry’s overall profitability as measured by its annualized rate of return on average policyholders’ surplus (or statutory net worth) slipped to 13.1 percent in...
The CHANGING FACE of Surplus Lines Brokers
Sep 24 2007 // The surplus lines industry is never boring, never plain and certainly never black and white. Often dubbed as the innovator of new insurance products, the industry could even be considered colorful when it comes to the...
By Marty Ellingsworth
Sep 24 2007 // The use of predictive analytics is truly enhancing speed and customer experience at the service delivery points in the value chain. Understanding behavioral patterns enables insurers to optimize their risk evaluation,...
Catastrophes: There is no free lunch
Sep 24 2007 // Any study that implies consumers and taxpayers have thousands of years to realize savings is immediately suspect. Since the devastating hurricane seasons of 2004 and 2005, some Florida politicians and a few insurers have...
The subprime mortgage mess and the professional liability insurance industry
Sep 24 2007 // According to the Bank of America, more than $1.3 trillion in adjustable rate mortgages — 70 percent of them subprime — will reset before the end of 2008. The collapse of the subprime mortgage lending industry...
Catastrophes: The time to act is now
Sep 24 2007 // Two years have passed since America’s most shocking wake-up call regarding the devastation that follows the force and fury of Mother Nature. Since that time, a variety of legislative proposals have been offered at...
Catastrophes: The time to act is now
Sep 24 2007 // Two years have passed since America’s most shocking wake-up call regarding the devastation that follows the force and fury of Mother Nature. Since that time, a variety of legislative proposals have been offered at...
The subprime mortgage mess and the professional liability market
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Insurance industry bullish on coming year’s consolidation
Sep 24 2007 // Executives more optimistic about life/health insurance than property/casualty sector Insurance executives expect to see a significant increase in mergers and acquisitions in the next 12 months, according to a survey...
Predictive Analytics 2.0
Sep 24 2007 // Maximizing the science and art of business analysis with the next wave of data It is difficult to overstate the strides in efficiency being made by the insurance industry as a result of the effectiveness of predictive...
Making sense of the subprime mortgage mess
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
