Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Tennessee Adds 100th Captive Insurance Company
Dec 29 2015 // The Tennessee Department of Commerce & Insurance (TDCI) announced the licensing of Tennessee’s 100th captive insurance company on Dec. 22. In 2011, Gov. Bill Haslam signed the revised State of Tennessee’s...
City of Hope Research, Treatments Boosted by Insurance Industry Pocketbooks
Dec 23 2015 // When many people in the insurance industry think of the City of Hope, they probably associate it with the well-publicized National Insurance Industry Council’s Spirit of Life Award gala each year that has raised...
IICF Unites P/C Industry for Record Year of Giving
Dec 23 2015 // Prev Next Gillis, Ellis & Baker Employees of Gillis, Ellis & Baker Insurance (GEB) spent a recent weekend fixing up the exterior of the Gentilly home of Eleonor Sheppard. The GEB team repaired siding, painted the...
P/C Industry Growing and Aligning Its Charitable Giving
Dec 22 2015 // U.S. property/casualty insurers have increased their charitable giving by an average of 15 percent since 2011, to an industry total of $575 million, outpacing inflation and moving closer to what many industry leaders...
Flood, Fraud & the Florida Market: McCarty Talks Hot Insurance Topics in 2015
Dec 21 2015 // It was another busy year for the Florida Office of Insurance Regulation (OIR). From conducting the annual property/casualty data call and subsequent stress test of Florida property insurers, to working on the depopulation...
Top 5 Markets of 2015
Dec 21 2015 // There was no shortage of new products launched by the insurance industry in 2015. Cyber, a risk that has consistently seen a lot of activity over at least the last several years, continued to be on the top of the...
The Top Insurance News Stories of the Year 2015
Dec 21 2015 // The year 2015 was a year during which the property/casualty insurance industry got a glimpse at its future in the form of disruptive forces, new competitors, new leaders and emerging risks. Also, some of the news revived...
City of Hope Research, Treatments Boosted by Insurance Industry Pocketbooks
Dec 21 2015 // When many people in the insurance industry think of City of Hope, they probably associate it with the well-publicized National Insurance Industry Council’s Spirit of Life Award gala each year that has raised millions...
Best, Worst States for Insurance Regulation
Dec 21 2015 // Vermont, Utah, Iowa, Virginia and Kentucky get an “A” and North Carolina an “F” in one think tank’s annual grading of states on how they regulate the property/casualty insurance industry. The...
IICF Unites P/C Industry for Record Year of Giving
Dec 21 2015 // Charity begins at home… and in the office. The year 2015 was a record-setting one for charitable giving and volunteering by property/casualty insurance professionals in offices across the insurance industry. Leading...
Austin Agents Honor Ladner with Distinguished Service Award
Dec 17 2015 // The Independent Insurance Agents of Austin (IIAA) honored Gerald Ladner, State Auto’s Western Region president, with its Distinguished Service Award for 2015. Ladner won a similar award from the Independent Insurance...
IICF Northeast Benefit Dinner Raises $1.26M for Regional Charities
Dec 16 2015 // The Insurance Industry Charitable Foundation’s (IICF) 9th annual Northeast Benefit Dinner, held on Dec. 9 at New York City’s Waldorf Astoria Hotel, raised more than $1.26 million for regional charities. More...
Clear Blue, New U.S. Commercial Insurance Fronting Operation, Opens for Business
Dec 15 2015 // A newly-formed commercial insurance fronting provider, Clear Blue Financial Holdings LLC, said it has officially launched with two fully-licensed fronting carriers and will begin servicing clients immediately. To launch...
Scant U.S. Insurance Presence at Paris Summit, Says Ceres
Dec 10 2015 // You’d think just about everyone who’s anyone attended the massive climate change summit in Paris ending this week. The 2015 United Nations Climate Change Conference, COP 21, drew an estimated 50,000 attendees...
Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer
Dec 8 2015 // The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty...
Cyber Security: Insurance as an Essential Part of Risk Management
Dec 7 2015 // The cost and frequency of cyber-related security threats are on the rise. Some estimates claim that one-in-six businesses have experienced a cyber attack in the past year while the cost of cyber attacks on global...
Program Business Revenue Doubles in 5 Years
Dec 7 2015 // Data Management, Technology Present Future Challenges and Opportunities for Sector The pace of growth in the program market may be slowing but it is in no way standing still. According to the most recent study from the...
Highway Bill Restores Crop Insurance Funding Cut in Budget Deal
Dec 4 2015 // The $305 billion highway bill that was agreed upon by the House and Senate and is on its way to President Obama’s desk has a little something for everyone, including farmers and crop insurers. The five-year measure,...
Best, Worst States for Insurance Regulation
Dec 1 2015 // Vermont, Utah, Iowa, Virginia and Kentucky get an “A” and North Carolina an “F” in one think tank’s annual grading of states on how they regulate the property/casualty insurance industry. The...
Kent State University’s Insurance Studies Program Sees First Graduates
Dec 1 2015 // Salem, OH, December 1, 2015 – Kent State University announced that it recently graduated the first of its majors in its Insurance Studies bachelor’s degree program. Kent State University’s Salem Campus...
