Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
50th International Insurance Society Seminar Convenes in London
Jun 23 2014 // The International Insurance Society (IIS) has come a long way since its first meeting in a conference room in Austin, Texas. The 50th edition of its annual conclave opened this morning in London at the Park Plaza...
Texas Property/Casualty Symposium to Focus on Insurance Industry Changes
Jun 19 2014 // The Insurance Council of Texas (ICT) will host its 22nd Annual Mid-Year Property & Casualty Symposium in Austin on July 17. Speakers include industry leaders from the Insurance Information Institute (III), the...
House Panel Unveils TRIA Extension Bill
Jun 17 2014 // Property/casualty insurers are welcoming the unveiling of a House terrorism insurance bill as a sign of progress even though there are provisions in it they oppose. Introduced by Rep. Randy Neugebauer, R-Texas, chairman of...
How New Capital is Changing P/C Industry and What To Do About It
Jun 17 2014 // As waves of capital reshape reinsurer’s business model, the property/casualty insurance industry needs to change although exactly how remains a matter of debate. Reinsurers face a growing threat from the capital...
Progress Report on Women, Diversity in the P/C Industry with IICF
Jun 16 2014 // Three property/casualty insurance industry women executives discuss the value of diversity in the industry, progress they see being made in increasing diversity at their own companies and across the industry, and what...
Nationwide to Re-Enter N.J. Auto Insurance Market
Jun 16 2014 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said on June 6 that Nationwide Mutual Insurance Company has been approved to write auto insurance in New Jersey, and the company will begin...
U.K. Insurers Should Cap Replacement-Car Costs, Watchdog Says
Jun 12 2014 // U.K. insurers should have a cap placed on the cost of replacement cars for drivers at fault for accidents to help reduce insurance premiums, the country’s Competition and Markets Authority said in a draft opinion...
California Regulators Want Insurers to Speed Up Ridesharing Policies
Jun 11 2014 // The California Public Utilities Commission wants the insurance industry to get off its duff and start creating some products to offer to ridesharing drivers. A proposal issued by CPUC on Tuesday further defines ridesharing...
N.H. Businesses Vexed by Latest Delay in Small Group Health Insurance Market
Jun 9 2014 // New Hampshire businesses aren’t happy with the latest delay in the small group health insurance market created by the Affordable Care Act, but some are more understanding than others. Companies have been able to...
Nationwide to Re-Enter New Jersey’s Auto Insurance Market
Jun 6 2014 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said today Nationwide Mutual Insurance Company has been approved to write auto insurance in New Jersey, and the company will begin offering auto...
Geneva Association Appoints D’Hulster as Secretary General
Jun 3 2014 // International insurance economics think tank, The Geneva Association, has appointed Anna Maria D’Hulster as Secretary General and Managing Director.She has held a number of senior executive and board roles in the...
U.S. Report: Climate Change Here, Deal With It
Jun 2 2014 // Climate change is in the here and now, according to a massive new report. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for the impacts of...
Various Factors Contributing to Stability in Property/Casualty Insurance Market
May 29 2014 // The federal terrorism risk insurance backstop, in place in one form or another since 2002, will likely be reauthorized by Congress, and in the absence of a major catastrophe — man-made or otherwise — the current...
Global Re/Insurance CEO’s Sign on to Geneva Association’s Climate Risk Statement
May 21 2014 // Sixty-six chief executives of the world’s largest re/insurers have confirmed their commitment to The Geneva Association’s Climate Risk Statement―a set of guiding principles on the substantial role insurance...
P/C Insurance Industry Loss Reserves Stable: Conning
May 20 2014 // The property/casualty industry’s loss reserve position is slightly improved as of year-end 2013, according to Conning. “Overall, the industry continues to appear to have sufficient reserves, with a modest...
‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview
May 19 2014 // Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright...
Why Facebook Is Still Relevant for Your Agency
May 19 2014 // Facebook wants companies to pay up. In the past few years, major social media platforms such as Facebook, Twitter, and LinkedIn have started pushing businesses toward promoted posts, paid advertisements, and sponsored...
Management Liability: Hard Market or Sea Change?
May 19 2014 // For years, directors and officers, and entity coverage for privately held firms was one of the best deals going, with broad coverage, cheap pricing and low retentions. Over the past several years, market capacity...
U.S. Report: Climate Change Here, Deal With It
May 19 2014 // Climate change is in the here and now, according to a massive report issued earlier this month. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the...
There’s Devils in Big Data, but Help is Available from Inhance
May 12 2014 // Computer technology has revolutionized the collection and use of massive amounts of data, and yet, somewhat ironically, it’s frequently harder to find what one actually needs. Aphorisms abound – “big...
