Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
InsureHiTech Sets Its Sights High, Opens Austin Office
Feb 5 2001 // Redefining the insurance industry is no small task. Just ask Rick Maloy, president of InsureHiTech, a company that has great hopes of changing the agency management system of every insurance agent, broker and carrier in...
Allianz/AGF Strengthen Position in Aviation Insurance Market
Jan 24 2001 // AGF, the French subsidiary of Germany’s Allianz, announced that its AGF MAT unit had purchased the remaining 51 percent of Westminster Aviation Insurance Group from France’s Groupama-Gan, giving it 100 percent...
IICF Names Southern California Regional Vice President
Jan 23 2001 // Janet Kidd joined the Insurance Industry Charitable Fund as regional vice president for Southern California. Kidd’s responsibilities include handling all aspects of fundraising and program development in Southern...
Managing The Risk From Climate Change
Jan 22 2001 // Whether it is the dry desert heat of El Paso or the humid sauna of Houston, people who grew up in Texas know that its summers are naturally hot. For people in Dallas, last summer was no exception. After 44 days in the...
NAIC Considers Action on OSHA Ergonomics Program
Jan 15 2001 // The National Association of Insurance Commissioners Workers’ Compensation Task Force met in an executive session conference call Friday to consider what action, if any, to take regarding the proposed Occupational...
Aggregators are Leading the Charge to Sell Auto Insurance on the Web
Jan 15 2001 // Aggregators in the United States and Europe are leading the charge to sell auto and other insurance over the Internet, but only a few of these sites will survive, according to a Meridien Research report that focuses on the...
Aggregators Lead Charge to Sell Auto Insurance on the Web
Jan 8 2001 // Aggregators in the United States and Europe are leading the charge to sell auto and other insurance over the Internet, but only a few of these sites will survive, according to a Meridien Research report that focuses on the...
A Legislative Preview for the 77th Session of the Texas Congress
Jan 8 2001 // Now that the presidential election saga has come to a close and a new governor and lieutenant governor are in place, the new guard at the Texas capitol has begun making decisions and appointments for the upcoming 77th...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Swiss Re Study Examines World Insurance Market – 1999 Results
Dec 14 2000 // A new Swiss Re Sigma study gives an in depth look at the global insurance market based on 1999 premium figures from 134 countries. The industry, paced by booming life insurance sales, posted a 4.5 percent gain last...
Angels of the Industry Argonaut, Alaskas National
Dec 11 2000 // Far from being uncaring, the insurance industry contributes millions of dollars every year to charitable causes. Following are just a few of the ‘angels’ of our industry-those who took the time and energy to...
Insuring Ski Resorts: There’s No Business Like Snow Business
Dec 11 2000 // Strap the skis to the roof rack and throw the chains on the tires-it’s time to head to the mountains. For avid skiers, “weekend warriors” and “flatlanders” alike, the winter months mean long,...
A.M. Best Assesses Excess Capital in U.S. Property/Casualty Industry
Dec 6 2000 // Over the past decade, the U.S. property/casualty insurance industry’s excess capital position has grown dramatically due to slower premium growth, better risk management techniques and significant surplus gains. This...
Equipment Breakdown Coverage: Not Your Father’s Boiler & Machinery Insurance
Nov 27 2000 // Equipment breakdown coverage: it’s the modern-day descendant of what has been traditionally referred to as boiler and machinery insurance. And today’s businesses need it just as much as they did in the old...
Lloyd’s/IUA Choose ‘Xchanging’ To Streamline London Insurance Market
Nov 27 2000 // On Oct. 24, Lloyd’s and the International Underwriting Association (IUA) announced that they had selected Xchanging, an Internet and information technology specialist, as a partner in a joint venture to develop and...
Independent Currents
Nov 27 2000 // Ever notice how sometimes it’s the most important stuff that doesn’t get done at work? Every business, large or small, has four quadrants wherein all short-term and long-term work falls. (Some management guru...
Six Insurance Commissioners Elected; Incumbents Maintain Seats
Nov 20 2000 // Six insurance commissioner seats were up for grabs during the Nov. 7 election, with only two incumbents seeking reelection. Twelve states elect commissioners rather than appoint them. In Delaware, two-term incumbent Donna...
Editor’s Note
Nov 20 2000 // When I began listening to Steve Anderson speak at last week’s TSLA meeting in Austin, I honestly didn’t think I would come away enlightened. No offense to Steve—a home-grown agent turned...
Broadwing and MarketScout Form Strategic Alliance Targeting e-Insurance Industry
Nov 16 2000 // Broadwing Communications, a wholly owned subsidiary of Broadwing Inc. has formed a strategic alliance with MarketScout in order to capitalize on MarketScout’s position in the e-insurance industry. Under the terms of...
The Evolving Excess & Surplus Lines Market
Nov 13 2000 // The excess and surplus lines, or non-admitted, market is comprised of property & casualty companies that provide insurance that is unavailable to businesses in the standard, or admitted, market due to the unique...