Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
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...
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...
SPECIAL REPORT: Back to Earth with Surplus Lines
Sep 5 2005 // NARRATOR: The year is 2010 and Dr. Lois Kwoat, Dr. Heywood Jawrithis and their know-it-all computer companion, Pal 2010, have returned to planet Earth from Recover Space Station a million miles away. They are on a new...
Industry Reaches Out to Lead Hurricane Katrina Recovery Efforts
Sep 2 2005 // Join the Insurance Industry Charitable Foundation (www.iicf.org) and Insurance Journal for a nationwide campaign to raise funds on behalf of the insurance industry in support of Hurricane Katrina relief efforts. President...
Regulators Say Industry Prepared for Katrina’s Cost
Sep 2 2005 // The National Association of Insurance Commissioners (NAIC) says that while the damages from Hurricane Katrina may set record losses, the property and casualty industry maintains the adequate capital and liquidity required...
R&M Issues Climate Change Report
Sep 1 2005 // Dublin-based Research and Markets has announced the addition of “Climate Change and the Insurance Industry” to their offering. “The 1st Edition of Climate Change and the Insurance Industry report is a...
Fla. Task Force Begins Talks on How to Solve Hurricane Insurance Crisis
Aug 24 2005 // A 12-member Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market meets today in Tallahassee to discuss how to help Floridians obtain hurricane insurance, amid complaints that consumers...
Claims History Model Act Now in Hands of State Legislators
Aug 22 2005 // NCOIL Model Addresses Use of Claims, Inquiries in Underwriting Homeowners Consumers who initiate a homeowners insurance claim but never receive payment could find that single incident may be used by their insurer to cancel...
Insurance Industry’s Share of Weather-Related Losses Rising, Researcher Says
Aug 22 2005 // Also, Majority of Weather Losses Tied to Smaller Events, Not Larger Catastrophes The insurance industry’s share of the world’s total economic losses from weather-related catastrophes is rising and 60 percent of...
Response to Market, Choosing a Strategy Critical
Aug 22 2005 // The speed at which insurance providers respond to the market is critical and their timing in choosing a strategy is critically important, Dennis Rowe, Penn National CEO, said during the Alabama Independent Insurance...
