Latest Market Headlines

All the headlines from our Market Topic Page, ordered by recency.

Keefe, Bruyette & Woods Forecasts ‘Soft Insurance Rate Landing’

Dec 12 2013 // U.S. property/casualty insurers’ and brokers’ operating earnings are expected to modestly improve in 2014, and the overall insurance rate increases will “probably moderate into 2015,” said...

IICF Northeast Division Awards 16 New Grants Totaling $879,000

Dec 12 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced 16 charitable grants at its seventh annual benefit dinner on Wednesday. The total amount of the grants is $879,000. Lisa Tepper, chair of the...

Big Brains at Big ‘I’, Insurance Information Institute Give Their Take on 2014

Dec 11 2013 // Most economists are upbeat about next year, but just what does that mean for insurance agents in 2014? For independent agents 2013 was a year in which one entity forecasted their eventual demise, and for the rest of the...

Program Market Growth: New Study Shows Business Up 10%

Dec 2 2013 // Program insurance premium revenues increased 10.8 percent in 2012, more than three times the rate of premium growth in the overall commercial insurance markets, according to results from a recent survey by the Target...

10 Things to Know About Pollution Liability

Dec 2 2013 // In 2013, pollution liability news included: a $500 million cleanup plan for N.Y.’s Gowanus Canal; a $47 million cleanup plan for the Ringwood, N.J., Superfund site; a $113 million suit alleging toxicity at the...

Mass. Regulator Offers Update on Industry Developments, Boston Bombing Claims

Nov 27 2013 // Massachusetts’ top insurance regulator recently spoke about the state of the insurance industry in Massachusetts, with topics ranging from the auto insurance marketplace and the Biggert-Waters Flood Insurance Reform...

The Charity Issue: How the Insurance Industry Helps

Nov 21 2013 // Does your insurance organization support the community? Over the years, Insurance Journal has discovered numerous stories of how agents, brokers, wholesalers and insurers support their community. Our Dec. 16 issue of...

Robin Roberts, John McEnroe & Bob Woodruff Featured Speakers for IICF Northeast Event

Nov 21 2013 // December 11 Dinner Benefits Charities NEW YORK (November 4, 2013) — The Insurance Industry Charitable Foundation (IICF) Northeast division announced that the three featured speakers who will be accepting grants for...

PLUS in Orlando

Nov 18 2013 // P/C Industry Urged to Get ‘Sexy’ and ‘Bold’ on Extreme Risk Products It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and...

Report Calls for Prior Approval for All States

Nov 12 2013 // Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the...

Gala, Insurance Industry Raise $2 Million for City of Hope

Nov 4 2013 // The National Insurance Industry Council raised more than $2 million this year in the ongoing battle to cure cancer and diabetes, it was announced Monday. A large portion of the funds were raised by the City of Hope’s...

World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told

Nov 4 2013 // It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according...

IICF Northeast Announces Featured Speakers for Year-End Fundraising Dinner

Nov 4 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced three featured speakers who will be accepting grants for charities at its fundraising dinner on Wednesday Dec. 11, 2013 in New York City. The...

Increasing Retentions: The Hidden Premium Increase

Nov 4 2013 // Is the market hardening? A Google search shows that most experts think it is, and it is nearly impossible to find a professional journal without an article discussing the topic. The premium increases that are being...

IICF, Cookie Monster Promote Early Childhood Literacy

Nov 4 2013 // It’s hard to conceive of taking a step further away from the topic of insurance than having a big, hairy blue monster drive home your point. But that’s just what the Cookie Monster did when he walked into the...

Geneva Association Calls on Governments to Act on Disaster Risks

Oct 24 2013 // In recognition of the impact wrought by Superstorm Sandy – $68 billion, the second biggest natural catastrophe loss in U.S. history – and the recent release of the IPCC’s climate report, the Geneva...

Program Business Market Grows 10% to $27B, TMPAA Study Finds

Oct 23 2013 // The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, characteristics, growth and other base-line information about the program insurance market....

Insurance Industry to Benefit from Clean Energy Boom

Oct 21 2013 // The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a report by Bloomberg New Energy Finance. The report, commissioned by Swiss Re, looked...

Green Insurance Market: Competitive and Growing

Oct 21 2013 // The green insurance market is a good market in every sense of the word. The green building industry is growing. The insurance market for green buildings — both residential and commercial property coverage — is also...

Is TRIA for Cyber Terrorism?

Oct 21 2013 // The insurance industry will count on the Terrorism Risk Insurance Program (Program) if there is a terrorist strike on the United States, but will the Program respond if the act of terrorism is a cyber event? Cyber...