Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
McCarty Deserves Some Credit for Stabilizing Florida Market
Jan 21 2015 // Testifying this week before the Florida House Insurance and Banking Subcommittee, Office of Insurance Regulation Deputy Chief of Staff Monte Stevens echoed much of what has been reported in recent months about...
California Court Rejects Insurance Challenge to Prop. 103
Jan 21 2015 // The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs...
Reinsurance Execs See Market Adjusting to New Realities
Jan 20 2015 // Aon Benfield’s Reinsurance Market Analysis describes the participants as having “reached the end of a 15 year journey, featuring chronological stages of alternative capital’s significance, completion and...
Global Risk Investment May R!SE With U.N., Willis-Backed Initiative
Jan 15 2015 // There is opportunity in climate change. That’s the frown-upside down view being taken by at least one large insurance broker under part of a global initiative to heighten the awareness of global risk and investing...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Labor Woes for a Rebounding Construction Market
Jan 12 2015 // With construction activity picking up steam all across the nation, insurers are expressing concern over how the construction sector will meet the growing demand for qualified labor. Insurers are concerned not only with the...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
How States Rate on Insurance Regulation, ‘A’ to ‘F’
Jan 8 2015 // Vermont gets a grade of “A+” and California and North Carolina get grades of “F” in the annual report card on state insurance regulation issued by the free market think tank, The R Street...
Aon Benfield 2015 Reinsurance Outlook Notes ‘Financial Security’ Strength
Jan 5 2015 // The roller coaster ride engendered by the entry of large amounts of alternative capital into the reinsurance market – originally seen as a threat – has turned out to be a major factor in strengthening the capital...
U.S. Treasury Releases Report on Global Reinsurance Industry
Dec 31 2014 // The U.S. Department of the Treasury’s Federal Insurance Office (FIO) has released a report outlining the role the global reinsurance industry plays in the U.S. insurance industry. The report, Breadth and Scope of the...
Report: Texas Insurance Industry Impacts State Economy in a Big Way
Dec 23 2014 // A new study commissioned by group of state and national trade associations shows that the insurance industry — including both the property/casualty and life/health sectors — positively impacts the Texas economy. For...
Risk Modelers Working on Tools for Gauging Cyber Attack Risk
Dec 23 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’
Dec 22 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
With TRIA Renewal Efforts Killed, Some Predict Market Chaos
Dec 18 2014 // Property/casualty insurance industry groups, business associations and observers alike were quick to condemn the death of TRIA renewal for 2014. Without federal terrorism reinsurance in place for 2015, they predicted...
UK Government, Insurers Reach Agreement to Establish Flood Re
Dec 18 2014 // The UK’s insurance industry and Government have announced the final agreement securing the development and delivery of Flood Re, described as a “pooled insurance system which will allow even the highest risk...
IICF Midwest Awards $545K in Grants to Local Non-Profits
Dec 17 2014 // The Insurance Industry Charitable Foundation’s (IICF) Midwest Division announced it is awarding $545,000 in community grants to local non-profit organizations in Illinois, Michigan, Nebraska, Ohio and Wisconsin for...
Carrier Management, Insurance Journal Win Folio Media Awards
Dec 15 2014 // Wells Media Group’s newest publication for property/casualty insurance industry, Carrier Management, is making its mark in the publishing world, garnering three honors at last week’s 2014 Eddie and Ozzie...
Getting Local with the Insurance Industry Charitable Foundation
Dec 15 2014 // The Insurance Industry Charitable Foundation (IICF), established in 1994, helps communities by uniting the collective strengths of the industry to provide grants, volunteer service and leadership. Since its inception, IICF...
Evolving Regulation and Its Impact on Insurers’ M&A Strategies
Dec 15 2014 // It appears that the insurance industry is having an easier time emerging from the financial crisis than entering the new regulatory environment, particularly as it relates to nonorganic growth. With increasingly healthy...
P/C Direct Premium Written Up 4.6 Percent
Dec 15 2014 // Direct premium written (DPW) for property/casualty insurance companies continues to increase gradually. At year-end 2013, nearly $545 billion of DPW was reported, a record-high for the industry. For 2013, total DPW for all...
