Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group
Nov 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, Dec. 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the attendance...
Not All Expect Hurricanes to Bring 2018 P/C Insurance Hard Market
Oct 30 2017 // The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance stocks, with investors banking on a quick restoration of capital as firms rediscover pricing power. It’s a...
Former Connecticut Regulator Leonardi Joins AIG in Public Policy Post
Oct 24 2017 // American International Group reported that Thomas Leonardi will join the company as executive vice president, Government Affairs, Public Policy and Communications, effective Nov. 1. Leonardi previously served as the...
Insurtech Startup, Insurdata, Raises More Than $1M in Seed Financing
Oct 24 2017 // Insurdata, an insurtech firm that provides re/insurance underwriters with property-specific data to support their pricing, underwriting and portfolio management decisions, announced it has raised over $1 million in seed...
Once-Stable P/C Insurance Lines Face Headwinds: Guy Carpenter
Oct 23 2017 // While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable growth going...
North Dakota’s Godfread ‘Excited’ About Technological Innovations in Insurance
Oct 20 2017 // North Dakota’s insurance commissioner is bullish on the technological innovations that are occurring within the insurance industry and wants his state to be in the forefront of experimenting with and testing new...
Northern California Wildfires: Insurance Industry Ready to Assist With ‘Massive’ Recovery
Oct 20 2017 // Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet. Tens of thousands of evacuees...
New York Finalizes Regulations to Crack Down on Title Insurance Industry
Oct 18 2017 // The New York Department of Financial Services (DFS) has finalized two new regulations to protect New Yorkers and crack down on unscrupulous practices in the title insurance industry. These regulations, which are the...
Insurance Journal, Insurance Careers Movement Partner on ‘Cool’ Job Contest for Under-40 Pros
Oct 16 2017 // Insurance Journal today launched a contest in conjunction with Insurance Careers Movement on what young insurance professionals believe is the coolest part of their job. It’s a bit tricky, however, because...
Get Very Used to Drone Usage in the Insurance Industry
Oct 16 2017 // One major insurance carrier already has a program underway to train claims adjusters to visit accident sites and fly drones to gather data. American Family Insurance started working on developing a drone program around...
Texas Harvey Recovery Czar Says Insurance Industry Needs to ‘Step Up’
Oct 16 2017 // The insurance industry in Texas is not happy with the state’s so-called Hurricane Harvey recovery czar. Texas A&M University Chancellor John Sharp, who was named by Gov. Greg Abbott to lead the Commission to...
Why Mandating Cyber Reporting, Basic Coverage Makes Sense: Cyence Exec
Oct 9 2017 // Powered by InsuranceJournal.tv Matt Honea, cyber manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, thinks a great way to get companies to report cyber attacks is to make them do it. Honea, who believes...
IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group
Oct 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, December 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the...
Get Very Used to Drone Usage in the Insurance Industry
Oct 4 2017 // One major insurance carrier already has a program underway to train claims adjusters to visit accident sites and fly drones to gather data. American Family Insurance started working on developing a drone program around...
Why the Insurance Industry Needs a Toothbrush and Other Notes from Record-Breaking InsureTech Connect Conference
Oct 4 2017 // Insurance company employees wondering where all their bosses are this week should not be worried. It’s a good bet the executives are safe in Las Vegas at the second annual InsureTech Connect Conference. More than...
Blockchain Industry Initiative, B3i, Expands with 23 New Broker, Re/Insurer Entrants
Oct 2 2017 // The Blockchain Insurance Industry Initiative B3i announced it has expanded with 23 new brokers and re/insurers entrants, which will help with B3i’s upcoming market testing program. B3i’s new entrants are: AIA,...
New Association for Insurance Agency Networks Forming
Oct 2 2017 // An insurance industry lender is among those touting a new association for insurance agency networks. The lender, Live Oak Bancshares Inc., says it will not have ownership in the new group, Insurance Networks Alliance...
People
Oct 2 2017 // Global insurance broker Hub International Limited (HUB) named Marc Cohen, currently president, as president and chief executive officer, effective Jan. 1, 2018. He also will be a member of the board of directors. Cohen...
People
Oct 2 2017 // Hub International Limited (HUB), a global insurance brokerage, has expanded its New York operation through the addition of entertainment specialist Cameron Smith, who joined the firm as senior vice president. Smith has...
States Should Implement Stronger Safeguards for Consumers in Natural Disasters: Rutgers Report
Oct 2 2017 // As homeowners file insurance claims in the wake of Hurricanes Harvey and Irma, many could find their level of protection depends on the state where their damaged home is located, according to a research report released by...
