Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
R&M Report Analyzes Chinese Insurers
Sep 14 2006 // Dublin-based Research and Markets has added a new report on the Chinese insurance industry to their offering. “‘China Insurance Sector Analysis (2006)’, provides extensive research and objective analysis...
House Subcommittee Hears Testimony on Coastal Insurance Market
Sep 13 2006 // The House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, heard testimony today from industry advocates to discuss the need for public and private sectors to work...
Guy Carpenter Study Shows Big Rate Increases in U.S., Mexico
Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...
What’s Next in Terrorism Insurance Market…and Politics?
Sep 5 2006 // Terrorism insurance has become increasingly common and affordable five years after Sept. 11. But that market has only emerged with the federal government’s pledge to serve as an insurer of last resort — assistance...
The Commissioners
Sep 4 2006 // Indiana Insurance Director Jim Atterholt is focused on bringing more insurance companies to his state. Atterholt said the current Indiana governor has a strong pro-business philosophy and has made “growing insurance...
Make insurance, risk management appeal to college grads: ‘Smash the Myths’
Sep 4 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...
Warren is a 20-year insurance industry veteran. She originally joined Beecher Carlson in March 2005 as senior vice presi
Sep 4 2006 // People American International Group, Inc. named Nicholas J. Ashooh as senior vice president of communications. Ashooh succeeds John T. Wooster, Jr. who had filled that role on a temporary basis since year-end 2005, and...
To make insurance appealing to college grads, smash the myths
Sep 4 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...
Rates are softening
Sep 4 2006 // As the surplus lines world turns to another year of soft market conditions, specialists and innovators may be the ones to survive as increasing competition intensifies, according to excess and surplus lines brokers,...
Research & Markets Issues Study of China’s Insurance Industry
Sep 1 2006 // Dublin-based Research and Markets has announced the addition of “China Insurance Industry Report (Investment & Merger)” 2006 to their offering. R&M said the “report describes the status quo of...
Ill. Native Recipient of Life Industry’s John Newton Russel Memorial Award
Aug 31 2006 // James M. Benson, CLU, a successful producer and executive of some of the top companies in the life insurance industry, was named recipient of the 65th annual John Newton Russell Memorial Award. The award recognizes...
Ind. Economic Development, University Team Up to Boost Insurance Jobs
Aug 24 2006 // Indianapolis-based Ball State University has announced plans to transform a downtown office space into a high-tech, interactive education, research, information and outreach center that will offer educational opportunities...
Eastern Kentucky University Taps Christensen for Insurance Chair
Aug 22 2006 // The new Robert B. Morgan Chair of Insurance at Eastern Kentucky University brings 30 years of experience as an attorney and executive officer in the insurance industry. Burke A. Christensen most recently served as chief...
Insurance Industry Foundation Hosts 9th Annual Volunteer Week
Aug 22 2006 // The Insurance Industry Charitable Foundation is hosting its 9th Annual Volunteer Week from Oct. 14 – 21, 2006, in communities across California. Volunteer Week 2006, sponsored by Enterprise Rent-A-Car, provides...
Trial Attorneys Claim Insurers Putting Profits Over People in Katrina’s Wake
Aug 22 2006 // One year after Hurricane Katrina swept across the Gulf Coast, the Academy of Florida Trial Lawyers (AFTL) and the Association of Trial Lawyers of America (ATLA) are launching a national petition drive calling on insurance...
A Year Later, Insurers Report 95% of Katrina Claims in La. and Miss. Settled
Aug 22 2006 // One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...
Insurers: Trial Bar Short on Facts in Katrina Charges
Aug 22 2006 // Trial attorneys’ charges that the insurance industry is putting profits over people in the handling of claims from Hurricane Katrina are being dismissed by industry trade groups. The Florida Insurance Council (FIC),...
Report Identifies More Than 180 Products to Handle Climate Change
Aug 18 2006 // Dozens of new insurance products are quietly emerging to tackle climate change and fast-rising weather losses – but insurance companies need to do more of the same to minimize losses and make the most of...
Tower Report Urges Industry, Gov’t., Public to Rethink Cat Management
Aug 17 2006 // A new research report from the TowerGroup finds that “without a concerted effort by all parties to support a holistic solution to catastrophe management, the dire predictions of insolvency in the insurance sector and...
Aon Outsources London Market Processing Operations to Xchanging
Aug 14 2006 // In a major step towards bringing electronic processing to the London market, Aon Limited (also known as Aon U.K.), the British division of Aon Corp., and Xchanging, the London-based business processing services company,...
