Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
UNDER CONSTRUCTION
Nov 5 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...
XL Conducts U.S. Portion of China Insurance Training Program
Nov 1 2006 // Bermuda-based XL Capital Ltd. has launched the final module of an executive training and development program for China insurance regulators and executives. “The educational initiative, known as the China Insurance...
Best Issues Special Report on Canadian Auto Insurance Industry
Oct 31 2006 // “During the past 10 years, the Canadian automobile insurance industry’s underwriting results have changed dramatically as reflected by the significant variations in the direct loss ratio,” concludes a...
IIAT Survey Finds Texas Coastal Insurance Market Tighter; More Costly
Oct 31 2006 // Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the...
Consumer Group Says P/C Rates Drop ‘Irrespective’ of Tort Reform Enactment
Oct 26 2006 // The latest insurance industry data show continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits but commercial insurance rates have stabilized or dropped in almost...
N.C. Honor Heckle as Agent of Year
Oct 24 2006 // North Carolina independent insurance agents received kudos for leadership, service and dedication at this year’s annual convention. At the Independent Insurance Agents of North Carolina event held Oct. 8-11 in...
Breeding the next generation through internships
Oct 23 2006 // In cooperation with insurance industry partners, universities across the nation are helping to cultivate the next generation of risk managers and actuarial scientists through insurance internship programs. As an example,...
Flying solo now, former Zurich executive ‘gooses ‘ N.C. agents
Oct 23 2006 // A retired insurance industry executive turned turbo-charged motivational speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America...
Georgia commissioner candidates clash over money, incumbents’ record
Oct 23 2006 // The midterm race for Georgia Insurance Commissioner pits a veteran politician against an attorney in his first foray into politics. Each candidate has an ‘x’ in his three-syllabled surname – but...
Bustamante and Poizner in the final campaign stretch
Oct 23 2006 // From holding the line on new reforms to reducing uninsured motorists, a fair share of work lurks ahead for California’s soon-to-be-chosen insurance commissioner. Front-runners fighting for the honor of regulating...
Insurance charity foundation opens in N.Y.; plans national expansion
Oct 23 2006 // A California organization seeking to be a collective voice for insurance industry philanthropy has launched a New York division, kicking off what it hopes will become a nationwide expansion. The Insurance Industry...
Democrats Recommend All-Perils Disaster Plan, Antitrust Repeal
Oct 22 2006 // A Democratic-controlled House would look into insurance industry practices criticized for shifting the financial burden of Hurricane Katrina claims onto the taxpayer, a lawmaker who headed a Katrina task force said...
Insurance Carriers Moving to Service-Oriented Architecture
Oct 17 2006 // The insurance industry is rapidly embracing Service-Oriented Architecture (SOA), as well as related Web services and standards, according to new TowerGroup research conducted in partnership with ACORD. The comprehensive...
Fla. Condo, Home Associations Press Politicians Over Insurance Crisis
Oct 11 2006 // As Floridians prepare to go to the polls in November, nine out of every ten of the state’s property owners living in condos, homeowner and other community associations say Florida’s elected officials are doing...
Insurance Charity Foundation Opens in N.Y.; Plans National Expansion
Oct 10 2006 // A California organization seeking to be a collective voice for insurance industry philanthropy has launched a New York division, kicking off what it hopes will become a nationwide expansion. The Insurance Industry...
The Commissioners
Oct 9 2006 // Washington’s Mike Kreidler: Making the insurance market work The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From...
Breeding the next generation through internships
Oct 9 2006 // In cooperation with insurance industry partners, universities across the nation are helping to cultivate the next generation of risk managers and actuarial scientists through insurance internship programs. As an example,...
Terrorism insurance market hits federal radar
Oct 9 2006 // Two new federal reports have found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. Both reports acknowledged that a...
To make insurance appealing to college grads, smash the myths
Oct 9 2006 // One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the...
Mike Kreidler, Washington, Insurance Commissioner
Oct 9 2006 // The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From maintaining a trust relationship between consumers and insurers, to...
