Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
How Do You Know When It’s the Right Time to Partner With a Network?
Feb 21 2022 // Worried about what could be next for your agency? It has been a chaotic couple of years — and many forward-thinking businesses are focused on improving revenue, expanding their client base and future-proofing their...
Insurance Industry Critic and ‘Conscience’ Hunter Retires From Consumer Federation
Feb 21 2022 // The man who served as the director of insurance for the Consumer Federation of America for nearly three decades is retiring. The official statement from the CFA describes J. Robert “Bob” Hunter as the...
Insurtech Startup Slide Agrees to Take On Troubled St. Johns HO Business
Feb 18 2022 // Things are moving fast in Florida’s distressed property insurance market. Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew...
People Moves: BHSI Promotes Alder-Smurthwaite, Emson for UK Casualty; Marsh Names Faull Head of Climate & Sustainability Risk; MS Amlin Appoints 4 for Risk Team
Feb 17 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Marsh and MS Amlin Underwriting Ltd. A summary of these new hires follows here. BHSI Promotes...
Insurance Industry Critic and ‘Conscience’ Hunter Retires From Consumer Federation
Feb 9 2022 // The man who served as the director of insurance for the Consumer Federation of America for nearly three decades is retiring. The official statement from the CFA describes J. Robert “Bob” Hunter as the...
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3
Feb 7 2022 // Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends in loss costs for many lines of business continue to dampen profitability. Through...
5 Information Security Best Practices for the Insurance Industry
Jan 31 2022 // This post is part of a series sponsored by AgentSync. Compared to 20 years ago, modern business professionals are living the good life. Advancements in cloud computing and digital storage capabilities have allowed...
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3
Jan 25 2022 // Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends in loss costs for many lines of business continue to dampen profitability. Through...
Supply Chain Shortages and the Insurance Industry
Jan 24 2022 // This post is part of a series sponsored by AgentSync. Supply chain isn’t a topic that sees the headlines a whole lot. That is, unless you’ve been reading the headlines recently. For something that’s so...
UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market
Jan 20 2022 // Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022. The company, which...
5 Insurance Industry Predictions for 2022
Jan 13 2022 // This post is part of a series sponsored by AgentSync. It’s starting to feel like a New Year’s tradition. But we’re not talking about the ball drop or kissing your beau at midnight. For the past several...
Efma-Accenture Innovation Awards Offer View of Insurance Industry’s Transformation
Jan 12 2022 // Daniele Presutti, Accenture’s Insurance lead in Europe, and Silvia Milián, Accenture’s Insurance lead for strategy and consulting in Iberia discuss how the submissions to 2021’s Efma-Accenture Innovation...
Insurance Industry Predictions for 2022
Jan 5 2022 // This post is part of a series sponsored by CoreLogic. As if 2020 didn’t test the insurance industry enough, 2021 has proved to be yet another challenging year for property & casualty insurers. We saw significant...
FAIA Posts Infographics to Help Explain Florida’s Ailing Insurance Market
Jan 3 2022 // In an effort to increase awareness of the need for further reforms that could improve the state’s distressed property insurance market, an independent agents’ organization has released a set of infographics for...
Did Builder Groups Block Insurance Industry Move to Require More Storm Shelters?
Dec 27 2021 // A 2012 insurance industry proposal to make tornado shelters part of the building code for large commercial and residential buildings was blocked by construction and building management interests, the New York Times...
Fairness Testing: The Insurance Industry Needs to Align on Best Practices
Dec 21 2021 // This post is part of a series sponsored by TransUnion. Social and regulatory attention has been using fairness and equity as a lens to evaluate the outcomes of existing processes like insurance underwriting. For example, a...
National Insurance Industry Council Pressed on Through Pandemic to Help City of Hope
Dec 20 2021 // Insurance and fundraising are both people-facing endeavors, so one would think that COVID-19, with all of its lockdowns and distancing, would have killed the giving spirit for a charitable group like the National Insurance...
Chewy Chases Share of Growing Pet Insurance Market With Trupanion
Dec 8 2021 // E-commerce pet products company Chewy plans to begin selling pet health insurance plans from pet insurer Trupanion to its 20 million customer base. The insurance will be sold under the Chewy Health brand that includes...
Goosehead Insurance to Enter Life Insurance Market with Ethos
Dec 8 2021 // Independent personal lines insurance agency, Goosehead Insurance Inc., has enter into the life insurance space through an alliance with insurtech Ethos Life (Ethos). The company announced today that through...
AgentSync Secures $75M at a $1.2B Unicorn Valuation to Power Growth Across the Insurance Industry
Dec 7 2021 // Trusted by the fastest growing companies in insurance, AgentSync is the first insurtech SaaS unicorn focused on building infrastructure for the $1.3T US insurance market. New funds will support customer-driven demand and...
