Latest Market Headlines

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

Agents young and old can benefit from bridging the age gap

May 21 2007 // When many young agents first start working in the insurance industry, they believe success is about making money. While they may focus on developing strategies to reach out to clients, they often do so with the goal to...

Conn. celebrates insurance industry

May 21 2007 // Connecticut’s venerable insurance industry was celebrated at the state Capitol this month, though its lackluster job growth also was noted. “The industry is as significant a part of Connecticut as it has been...

Status quo on Capitol Hill may be best

May 21 2007 // IIABA’s leader Bob Rusbuldt hopes Congress does nothing, except on TRIA Insurance Journal’s Andrew Simpson, at the IIABA’s National Legislative Conference and Convention in Washington, D.C., in April,...

Agents young and old can benefit from bridging the age gap

May 21 2007 // When many young agents first start working in the insurance industry, they believe success is about making money. While they may focus on developing strategies to reach out to clients, they often do so with the goal to...

Editor’s Note: Risk target

May 21 2007 // If the Spitzer allegations are all that newcomers to the insurance industry or anyone else know about Maurice “Hank” Greenberg, it will be their loss. His life and career have been about much, much more than...

Editor’s Note: Risk target

May 21 2007 // If the Spitzer allegations are all that newcomers to the insurance industry or anyone else know about Maurice “Hank” Greenberg, it will be their loss. His life and career have been about much, much more than...

Agents young and old can benefit from bridging the age gap

May 21 2007 // When many young insurance agents first start working in the insurance industry, they believe success is about making money. While they may focus on developing strategies to reach out to clients, they often do so with the...

Agents young and old can benefit from bridging the age gap

May 21 2007 // When many young insurance agents first start working in the insurance industry, they believe success is about making money. While they may focus on developing strategies to reach out to clients, they often do so with the...

Bringing competition and choice to Mass. auto

May 21 2007 // The 400 insurers of the American Insurance Association have seen the favorable results for the public as well as insurers when states have worked to increase competition and relax unproductive regulatory restraints. Recent...

NCCI Reiterates “Optimistic but Cautious” Outlook for Workers Comp

May 11 2007 // The workers compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995 according to NCCI Holdings...

HSBC, Aviva/Norwich Union to Create New UK General Insurer

May 11 2007 // HSBC Bank plc and Norwich Union Insurance, the U.K. operating company of the Aviva Group, announced plans to create a joint-venture general insurance company to underwrite and distribute products to HSBC’s 10.2...

Colo. Ends Legislative Session; Positive for Insurance Industry

May 11 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...

Thinking outside of the box

May 7 2007 // No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive without them, says Scott Anderson, current president of the American Association...

Insurance industry in Louisiana’s legislative ‘crosshairs’

May 7 2007 // This session will be tough, next one even worse, lobbyist says Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which began April 30, is certain to have plenty of impact on the insurance...

Disruptive forces in the insurance industry: Constructive or chaotic?

May 7 2007 // Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the...

Catching up on climate change

May 7 2007 // What insurers in U.S. and worldwide are doing to address the effects of climate change Recent mega-catastrophes such as Hurricane Katrina in the Gulf Coast have brought increased attention to the issue of global climate...

Key subcommittee chairman favors six to eight-year terrorism insurance extension

May 7 2007 // Insurance industry pushes for longer period with some in favor of 20 years or more In his opening statement as chair of a U.S. House of Representatives subcommittee considering extension of the Terrorism Risk Insurance Act...

Another report details property/casualty insurers’ 2006 profitability, escape from storms

May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...

Thinking outside of the box

May 7 2007 // MGAs deliver more than just specialty packages as they prepare for changing market No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive...

Fortified building standards: Gulf Coast market salvation?

May 7 2007 // Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges...