Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Harnessing technology in the London insurance market
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes. “I think 2006...
Blackmail allegations heat up California auto reforms debate
May 22 2006 // John Garamendi has called for an investigation into an apparent campaign attacking him and his proposed auto insurance rate regulations in California. Supposedly waged by insurance industry officials and advocates,...
Keeping tabs on transparency
May 22 2006 // “In life there are lines that shouldn’t be crossed — but when they are, great drama is born.” Quoting from the “Desire Under the Elms” playbill at the Lesher Regional Center for the Arts...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Keeping tabs on transparency
May 22 2006 // Quoting from the “Desire Under the Elms” playbill at the Lesher Regional Center for the Arts in Walnut Creek, Calif., Paul Sachs, managing director for the Los Angeles office and Pacific Southwest region for...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // News Currents Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Avian Flu and the Property Casualty Industry
May 22 2006 // Insurance buyers are taking a close look at their insurance and risk management programs, looking for possible financial recourse in the event of an outbreak. It is therefore worthwhile to examine each line of coverage in...
Getting tough in a soft market
May 22 2006 // We waited many years for a hard insurance market to get here, and it appears that to a large extent it is already over. While rates and premiums still appear to be at adequate levels, most lines of business appear to have...
Despite catastrophe losses, soft pricing continues in commercial insurance market, buyers report
May 22 2006 // Although property and general liability insurance rates increased in the first quarter of 2006, all indications point to a continuing soft commercial insurance market, according to the Risk and Insurance Management Society...
London Insurance Market
May 22 2006 // House of Lords asbestos decision limits damage liability The U.K.’s House of Lords handed down judgments on May 3 in three major cases involving employers and their insurers’ liability for damages to workers...
Harnessing technology in the London insurance market
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes. “I think 2006...
SullivanCurtisMonroe CEO says growth, profit and fun equal success
May 22 2006 // Best Practices is a new Insurance Journal column that profiles how some of the nation’s top performing agencies run their operations. IJ’s Publisher Mark Wells recently interviewed William Curtis, managing...
Post Spitzer, merger activity picking up, says Mystic Capital
May 22 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue,...
Blackmail allegations heat up California auto reforms debate
May 22 2006 // In public issue campaigns, it is normal to alert someone who runs a department that is going to be a target of campaign. That is how business is done,and it happens on a regular basis. John Garamendi has called for an...
Conning Research: M&A Activity May Ramp Up in 2006-2007
May 16 2006 // Insurance industry mergers and acquisitions increased in 2005 to the highest level since 2001 and may foreshadow an acceleration of activity this year and the next, according to a new study by Conning Research and...
Citizens Property Insurance Increases Upset Policyholders in Florida
May 15 2006 // Marci L. Rose’s home and rental properties in Key West, Fla. escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway. Like thousands of Floridians, the real estate...
2005 Workers’ Comp Stats Positive, But Expert Advises Caution
May 12 2006 // Singer Bob Dylan’s song, “The Times, They Are a Changin’,” was cited as a cautionary reminder by Steve Klingel, NCCI Holdings Inc.’s president and CEO, as he gave a positive report on 2005...
California Commissioner Seeks Investigation into “Attempted Blackmail” by Insurance Industry
May 10 2006 // California Insurance Commissioner John Garamendi has asked the Federal Bureau of Investigation, U.S. Attorney’s Office, and the Attorney General of California to investigate the insurance industry’s latest...
Post Spitzer, Merger Activity Picking Up, Says Mystic Capital
May 9 2006 // Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue...
