Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Mutual Trust & Respect Key to the Latino Insurance Market
Sep 19 2005 // In the mainstream population, decisions about which insurance provider or broker to do business with may be influenced by television, radio or the yellow pages phone directory. In the Latino community, people are more...
N.Y. AG Spitzer Indicts Former Marsh Execs for Roles in Bid Rigging, Fraud
Sep 15 2005 // New York Attorney General Eliot Spitzer and Insurance Superintendent Howard Mills on Thursday announced the indictment of eight former executives of insurance brokerage giant Marsh Inc. for their roles in a bid rigging...
Industry Opens Hurricane Insurance Information Center
Sep 15 2005 // In the aftermath of the Hurricane Katrina, the U.S. insurance industry has established the Hurricane Insurance Information Center (HIIC) in Jackson, Mississippi. Additional centers will be opened in other Gulf Coast...
IICF, Insurance Journal Partner to Help Katrina Victims
Sep 14 2005 // The Insurance Industry Charitable Foundation is partnering with the Insurance Journal to reach out to the insurance community for support and help for the victims and families of Hurricane Katrina. Beginning early last...
Guy Carpenter & Company Releases Study of Property Catastrophe Reinsurance Market
Sep 12 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies has released its annual, comprehensive study of the property catastrophe reinsurance market, The...
S&P Puts 10 Insurers on “Katrina” CreditWatch/Negative
Sep 12 2005 // Standard & Poor’s Ratings Services announced that it has placed its ratings on 10 interactively rated insurance and reinsurance groups on CreditWatch with negative implications due to their possible...
New Report Warns of Rising Threat to Industry from Climate Change
Sep 8 2005 // Hurricane Katrina is a reminder to the U.S. insurance industry, companies, governments and the general public that all are at risk from escalating losses from hurricanes and other weather-related events due to climate...
Report Says U.S. Insurance Industry Loses More than $16B in 2004 on Auto Premium Rating Error
Sep 6 2005 // Quality Planning Corporation (QPC), the Rating Integrity Solutions Company, has released its annual Premium Rating Error report. The report concludes that premium rating errors continue to lower the overall profits of auto...
How Retail Agents Can Develop/Improve Relationships with Wholesalers
Sep 5 2005 // The answer is yes. And now for the question. Did you know that if your application is received by a broker/underwriter, and it is not complete, it goes to the bottom of his/her stack of new business? This is no way for us...
Midwest Surplus Lines: A Market Unto Itself
Sep 5 2005 // Gone are the days when the Midwest’s surplus lines market saw all sorts of business, from high-liability risks to garden variety commercial property coverage. For the region’s surplus lines business, the...
Midwest Surplus Lines: A Market Unto Itself
Sep 5 2005 // Gone are the days when the Midwest’s surplus lines market saw all sorts of business, from high-liability risks to garden variety commercial property coverage. For the region’s surplus lines business, the...
How Retail Agents Can Develop/Improve Relationships with Wholesalers
Sep 5 2005 // The answer is yes. And now for the question. Did you know that if your application is received by a broker/underwriter, and it is not complete, it goes to the bottom of his/her stack of new business? This is no way for us...
IICF Volunteer Week Kicks Off in October
Sep 5 2005 // Industry professionals looking for a unique way to donate their time and talents to a deserving charitable organization ought to consider getting involved with the Insurance Industry Charitable Foundation’s Volunteer...
NAPSLO Prepares for Record Attendance at Annual Conference
Sep 5 2005 // As the National Association of Professional Surplus Lines Offices gathers in San Francisco this month (Sept. 14-18) for its annual national conference, Insurance Journal recently caught up with the outgoing President...
Big ‘I’ Fields Busy Agenda at Annual Meeting in Big Apple
Sep 5 2005 // The Independent Insurance Agents and Brokers of America will convene in New York City this month for their annual national convention, Sept. 10-12. Just as agents and brokers prepare to discuss the challenges of mergers...
Finding Solutions to the Industry’s Compliance Requirements
Sep 5 2005 // Compliance requirements for the insurance industry have changed radically in the last three years, including the The Patriot Act and Sarbanes Oxley (SOX) for public companies. Now, the National Association of Insurance...
Lloyd’s of London Finds its 21st Century Form
Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...
Lloyd’s of London Finds its 21st Century Form
Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...
NAPSLO Prepares for Record Attendance at Annual Conference
Sep 5 2005 // Leadership Says Surplus Lines Industry in Good Shape; Ready for Softer Market As the National Association of Professional Surplus Lines Offices gathers in San Francisco this month (Sept. 14-18) for its annual national...
Finding Solutions to the Industry’s Compliance Requirements
Sep 5 2005 // Technology Initiatives Can Help Carriers Enhance Regulation Strategies Compliance requirements for the insurance industry have changed radically in the last three years, including the The Patriot Act and Sarbanes Oxley...
