Latest Market Headlines

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

ABI Sees Growing Consensus for Employers’ Liability Reform

Sep 20 2005 // The Association of British Insurers has issued a bulletin indicating that its calls for reform of the U.K.’s employers’ liability insurance market and the personal injury compensation system have been further...

Insurance Commissioners To Form National CAT Insurance Program

Sep 20 2005 // Insurance Commissioners of several large states will convene at a summit to develop a National Catastrophe Insurance Program. The summit is being organized by California Insurance Commissioner John Garamendi,...

An Open Letter to the Insurance Industry Seeking Assistance for Independent Agents Devastated from Hurricane Katrina

Sep 20 2005 // Independent insurance agents in Southeast Louisiana and South Mississippi face a daunting task as they play their part in rebuilding their shattered communities. They will need the help of the insurance companies whose...

By Donald J. Hurzeler

Sep 19 2005 // Making the Case for Diversity on the ‘Top Deck’ There is still room and a need at the top for improvement. The top deck-the board of directors and the senior leadership team-that is the level that has not yet...

Making the Case for Diversity on the ‘Top Deck’

Sep 19 2005 // The insurance industry has made great strides toward increasing diversity in the past decade. Although there is still room for improvement at the top, there are more doors open to Latins, people of color and women than...

Fitch: Katrina Causes Unprecedented Challenges/Risks for P/C Insurers

Sep 19 2005 // Circumstances surrounding Hurricane Katrina are unprecedented in many ways, said Fitch Ratings. So much so that the rating agency may need to reassess the core risk profile of the property/casualty insurance...

Team America

Sep 19 2005 // Hurricane Katrina is the largest natural disaster to strike this nation in more than a century. As the search for survivors and the delivery of aid continue, the task of understanding the scope of this tragedy has just...

Climate Change Poses Major Threat to U.S. Insurance Industry

Sep 19 2005 // Report Warns of Dire Consequences Unless Industry, Government Act Hurricane Katrina is a reminder that U.S. insurers, government and consumers are at great risk from escalating losses from hurricanes and other...

Indiana Targets Insurance for Economic Development

Sep 19 2005 // Former insurance industry advocate Mike Chrysler has recently been appointed as the Indiana Economic Development Corporation’s (IEDC) Director of Insurance Initiatives. Chrysler, an Indiana native and former...

FAIA Studying Windstorm ‘Vehicle’

Sep 19 2005 // The Florida Association of Insurance Agents has announced it will study “another avenue” for covering hurricane wind damage in Florida and would like to establish its own “vehicle” to insure...

Midwest FEATURE: Market Spotlight on Illinois and Ohio

Sep 19 2005 // Although the insurance industry — and the rest of us — are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...

Editor’s Note: Team America

Sep 19 2005 // Hurricane Katrina is the largest natural disaster to strike this nation in more than a century. As the search for survivors and the delivery of aid continue, the task of understanding the scope of this tragedy has just...

Making the Case for Diversity on the ‘Top Deck’

Sep 19 2005 // The insurance industry has made great strides toward increasing diversity in the past decade. Although there is still room for improvement at the top, there are more doors open to Latins, people of color and women than...

Silly Business Suits Back in Style

Sep 19 2005 // Saying complimentary things about trial attorneys is not exactly the surest way to win friends in the insurance industry. Yet even in the heated debate over tort reform, it should be acceptable to acknowledge when the...

Climate Change Poses Major Threat to U.S. Insurance Industry

Sep 19 2005 // Hurricane Katrina is a reminder that U.S. insurers, government and consumers are at great risk from escalating losses from hurricanes and other weather-related events, according to a report by a Boston-based investor and...

Midwest FEATURE: Market Spotlight on Illinois and Ohio

Sep 19 2005 // Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...

Midwest FEATURE: Market Spotlight on Illinois and Ohio

Sep 19 2005 // Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...

By Donald J. Hurzeler

Sep 19 2005 // Making the Case for Diversity on the ‘Top Deck’ There is still room and a need at the top for improvement. The top deck-the board of directors and the senior leadership team-that is the level that has not yet...

Indiana Targets Insurance for Economic Development

Sep 19 2005 // Former insurance industry advocate Mike Chrysler has recently been appointed as the Indiana Economic Development Corporation’s (IEDC) Director of Insurance Initiatives. Chrysler, an Indiana native and former...

By Donald J. Hurzeler

Sep 19 2005 // Making the Case for Diversity on the ‘Top Deck’ There is still room and a need at the top for improvement. The top deck-the board of directors and the senior leadership team-that is the level that has not yet...