Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Insurance Industry Charitable Foundation Hosts Club100 Dinner
Feb 13 2007 // The Insurance Industry Charitable Foundation announced it will be hosting its third annual Club100 Dinner on Thursday, March 8, 2007, at the Getty Center Restaurant in Los Angeles. Attendees will enjoy networking...
Willis Taps into Supercomputer to Analyze Climate Change, Nat Cats
Feb 13 2007 // The Willis Research Network (WRN) “has joined forces with internationally renowned universities to harness the immense power of the NEC Earth Simulator in Yokohama, Japan to help insurers understand the frequency and...
Commercial clients ‘swallow a bitter pill’ when it comes to cat coverage
Feb 12 2007 // When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new limits on policies, higher deductibles and a shortage in the...
Don’t be fooled: Extreme weather, terrorism risks not going away
Feb 12 2007 // Now is no time to ease up on loss prevention, warns risk expert. The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the...
Calif. commissioner to examine broker disclosure, workers’ comp issues
Feb 12 2007 // California Insurance Commissioner Steve Poizner may have three major priorities for his office — to make his office non-partisan, to fight insurance fraud and to prepare the state for the next major disaster —...
One-on-one interviews with 15 insurance regulators
Feb 12 2007 // One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their...
Industry forecast predicts slower premium growth in 2007 and 2008
Feb 12 2007 // Despite slow-down, industry still anticipates underwriting profits Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall...
P/C industry may be long overdue for massive losses from an extreme “great” earthquake
Feb 12 2007 // >Study says industry could suffer from a $100 million loss The U.S. property/casualty insurance industry is long overdue for heavy losses from a massive earthquake, reports A.M. Best in its recent “2006 Annual...
Lloyd’s climbs on the climate change bandwagon
Feb 12 2007 // There’s little doubt that the world is getting warmer. But this raises more questions. To what extent are greenhouse gasses, particularly CO2, responsible? Will the warming trend continue? Are there any effective...
Howard Mills, New York, Insurance Commissioner
Feb 11 2007 // Howard Mills, formerly an elected state representative, served the State of New York as its appointed insurance superintendent for the last two years. He stepped in to fill the shoes of Greg Serio when he departed and...
Don’t be fooled: Extreme weather, terrorism risks not going away
Feb 11 2007 // The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the terrorism front in the U.S., advises an expert in risk and...
Don’t be fooled: Extreme weather, terrorism risks not going away
Feb 11 2007 // The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the terrorism front in the U.S., advises an expert in risk and...
Commercial clients ‘swallow a bitter pill’ when it comes to cat coverage
Feb 11 2007 // When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new limits on policies, higher deductibles and a shortage in the...
News Currents
Feb 11 2007 // Calif. commissioner to examine broker disclosure, workers’ comp issues California Insurance Commissioner Steve Poizner may have three major priorities for his office — to make his office non-partisan, to fight...
Industry forecast predicts slower premium growth in 2007 and 2008
Feb 11 2007 // News Currents Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals...
Nebraska – L. Tim Wagner
Feb 11 2007 // Insurance Commissioner L. Tim Wagner has spent close to 40 years in the insurance industry, the last nine as the appointed Nebraska regulator. He takes his role seriously and believes the insurance industry has a real...
P/C industry may be long overdue for massive losses from an extreme “great” earthquake
Feb 11 2007 // The U.S. property/casualty insurance industry is long overdue for heavy losses from a massive earthquake, reports A.M. Best in its recent “2006 Annual Earthquake Study.” It is likely that if an earthquake of...
Lloyd’s climbs on the climate change bandwagon
Feb 11 2007 // There’s little doubt that the world is getting warmer. But this raises more questions. To what extent are greenhouse gasses, particularly CO2, responsible? Will the warming trend continue? Are there any effective...
Study Shows Doubling of Insurance Industry Growth in Iowa
Feb 8 2007 // Employment in the state’s insurance industry doubled during a 15-year period ending in 2005, with workers in the industry making far more than other nonfarm employees, a new study found. The study, by Iowa State...
Competition to Recognize “Best of the Best” in Insurance Marketing
Feb 7 2007 // The Insurance Marketing Communications Association (IMCA) is gearing up for its 49th IMCA Showcase Awards; a competition to recognize outstanding marketing communications in the insurance industry. The 2007 competition...
