Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Terrorism Tops List of Concerns for Workers’ Comp Professionals
Apr 19 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas Feb. 5-6 for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...
Program Specialists Work Together For Success
Apr 19 2004 // We must all hang together or assuredly we will all hang separately.” So, famously, said Benjamin Franklin, as the founders gathered to sign the Declaration of Independence in 1776. Franklin’s dictum could just...
Bringing Steady Leadership to Mississippi for Several Decades
Apr 19 2004 // With continued service to the state of Mississippi since the mid-70’s, Insurance Commissioner George Dale has been a steadying influence for the industry in the Magnolia State. When Dale was elected commissioner in...
Program Specialists Work Together For Success
Apr 19 2004 // “We must all hang together or assuredly we will all hang separately.” – Benjamin Franklin. Benjamin Franklin’s famous statement during the signing of the Declaration of Independence in 1776 could...
Program Specialists Work Together For Success
Apr 19 2004 // “We must all hang together or assuredly we will all hang separately.” – Benjamin Franklin. Benjamin Franklin’s famous statement during the signing of the Declaration of Independence in 1776 could...
Court Decision Threatens Stability in California’s Insurance Market
Apr 19 2004 // If after 16 years of off-and-on court cases, attempting to interpret the ambiguous and contradictory language of Proposition 103 isn’t enough, this month, another interpretation came down from the Second District...
Program Specialists Work Together For Success
Apr 19 2004 // “We must all hang together or assuredly we will all hang separately.” – Benjamin Franklin. Benjamin Franklin’s famous statement during the signing of the Declaration of Independence in 1776 could...
Fla. Taxwatch Backs Gallagher, Legislative Push to Increase Availability of Homeowners Insurance
Apr 16 2004 // Florida TaxWatch President & CEO Dominic Calabro said today that he supports Chief Financial Officer Tom Gallagher and state lawmakers in their efforts to increase the availability of homeowners insurance through...
S&P Report Says Despite 2003 Profitability Global Reinsurance Market’s Poor Outlook Remains Unchanged
Apr 15 2004 // The ratings outlook for the global reinsurance market remains negative, despite an expectation that the market’s 2003 reported financial year-end results will return it to overall underwriting profitability for the...
Study Says Workers’ Comp Terrorism Reinsurance Pool Not Enough
Apr 15 2004 // The private insurance industry for workers’ compensation would not have enough capital to withstand potential losses on its own should a catastrophic terrorism event, or multiple events, occur, according to the...
IVANS Announces Management Changes
Apr 8 2004 // IVANS, Inc., a provider of networking and customer care solutions to the insurance industry, announced the appointment of Clare DeNicola as the firm’s president and chief executive officer at its annual meeting in...
Report Explores the New Frontier of Catastrophic Risk Exposures for the Insurance Industry
Apr 7 2004 // Increasingly, life and health insurers are underwriting man-made catastrophic risks involving deaths and disabilities resulting from terrorists making use of nuclear, biological and chemical weapons, according to the...
Fla. Father, Son Keep It All in the Family When It Comes to Fraud
Apr 7 2004 // A father and son have pleaded guilty to diverting thousands of dollars in premiums from a South Florida insurance agency. John Pascale, former owner of AAA Turnpike Insurance Agency, pleaded guilty to one count each of...
Report Estimates Potential Costs to U.S. Insurance Industry from a Repeat of 1974 Tornado Super Outbreak
Apr 6 2004 // Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, announced the release of an in-depth study of potential costs to the U.S. insurance industry from a recurrence of...
Trusted Choices
Apr 5 2004 // To regulate more or less? That was the question posed to the public by the people at the Harris Poll. Health insurance, managed care, pharmaceuticals and the oil industry top the list of industries the public feels need...
Up for Sale: Success in Today’s Homeowners Market
Apr 5 2004 // States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Terrorism Tops List of Concerns for Workers’ Comp Professionals
Apr 5 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas recently for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...
Agents Learn about Opportunities, Challenges at Agribusiness Conference
Apr 5 2004 // The Insurance Brokers and Agents of the West (IBA West) and Insurance Skills Center sponsored the 17th Annual Agribusiness Conference held March 17 and 18 in Sacramento. The nation’s largest agricultural conference...
Bonds: A Return to Disciplined Underwriting
Apr 5 2004 // Writing surety bonds is a niche that perfectly illustrates why specialization is so important in the insurance industry. Bond underwriters need to exercise the utmost caution when issuing bonds, and they need to make sure...
LAAA Prepares for Expansion, Upcoming Annual Convention
Apr 5 2004 // Founded five years ago to address the specific needs of the Hispanic insurance community in California, the Latin American Agents Association (LAAA) is well known for its popular monthly meetings and entertaining annual...
