Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
California Governor Signs Surplus Lines Bill
Aug 4 2011 // California’s Insurance Commissioner Dave Jones today applauded Governor Jerry Brown for signing legislation, sponsored by the Department of Insurance, which allows California to implement provisions in a new federal...
How Debt Ceiling Politics Impact P/C Insurance Industry
Aug 1 2011 // As they watched Congress struggle to put a debt deal in place by Aug. 2, U.S. insurers worried about their companies’ portfolios, short- and long-term interest rates and a decline in equity markets. The leading...
Organic 100
Aug 1 2011 // It’s that time of year again, when the nation’s leading privately held independent insurance agencies are put in the spotlight. Welcome to Insurance Journal‘s exclusive Top 100 Independent...
People
Aug 1 2011 // Stacey Reinhardt is now marketing manager/sales analyst with Howalt+McDowell Insurance Inc. in Sioux Falls, S.D. Reinhardt relocated from Appleton, Wis., and previously worked in marketing for SECURA Insurance Co. in...
Insurance Industry’s Economic Clout in California
Aug 1 2011 // The overall insurance industry accounts for more than 234,000 jobs in California with a payroll of $16.8 billion, a new report finds. Also, property/casualty insurers paid a total of $50.2 billion in claims and expenses in...
P/C Insurers Still Saddled with Asbestos Reserve Challenges
Jul 28 2011 // Asbestos-related diseases have been falling for a decade, but warnings from a pair of U.S. insurance giants about new claims raise questions about the industry’s ability to put the scourge behind it. While medical...
Lloyd’s America President Watkins Campaigns for Broader Appeal
Jul 27 2011 // Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London;...
London’s Calling
Jul 18 2011 // Lloyd’s America President Hank Watkins Campaigns for Broader Appeal Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is...
What Does Insurance Industry Contribute to California’s Economy?
Jul 15 2011 // The overall insurance industry accounts for more than 234,000 jobs in California with a payroll of $16.8 billion, a new report finds. Also, property/casualty insurers paid a total of $50.2 billion in claims and expenses in...
U.S. Hurricane Season Could Be Market Tipping Point: Marsh
Jul 11 2011 // Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of...
Alabama Governor Names Insurance Market Study Commission
Jul 11 2011 // Alabama Gov. Robert Bentley has appointed 24 people to a panel that will examine the state’s insurance market and suggest improvements. The commission will be led by Baldwin County Probate Judge Tim Russell. Bentley...
New Swiss Re sigma study Reveals Global Premium, Capital Growth
Jul 6 2011 // A new study in Swiss Re’s sigma series concluded that the global insurance industry has returned to a pattern of growth. The study – World insurance in 2010 – reveals growth in global premium volume and...
Stress Test Results Confirm Strength of European Insurance Industry
Jul 5 2011 // The second stress test of European insurers, conducted by the European Insurance and Occupational Pensions Authority (EIOPA), has confirmed “the robustness of the European insurance market and its ability to...
The Game Changer: What the LexisNexis Insurance Exchange Means for the Industry, Technology Partners
Jul 4 2011 // Technology providers to the insurance industry have good things to say about a new system that allows property/casualty agents, brokers and carriers to collaborate on commercial lines accounts. The new system, the...
Seeds of Change
Jul 4 2011 // How One Woman Is Growing Opportunities for Women in Insurance To a large extent, men still outnumber women in the property/casualty insurance industry. That’s a shame, says Barney & Barney Principal Trindl...
Demotech Inc. Identifies 2011 Near National Property/Casualty Insurers
Jul 4 2011 // The original criteria and objective definition for Near National insurance carriers was established in the Feb. 12, 2007, issue of Insurance Journal. The Demotech Company Classification System categorizes insurers into one...
Insurance Educators Take Advantage of New Media
Jul 4 2011 // As Web sites and social media companies like Facebook and LinkedIn have proven, new media is nothing if not great in building a community. That’s why long-time insurance educators Laurie Infantino, Ray Infantino, Tom...
S&P: Resilience of French Insurance Industry Will Be Tested Further
Jun 29 2011 // Standard & Poor’s Ratings Services has published a report – “French Insurance Industry Holds Up Under Pressure, But Challenges Still Lie Ahead” – on the challenges the French insurance...
Seeds of Change: Growing Opportunities for Women in Insurance
Jun 29 2011 // To a large extent, men still outnumber women in the property/casualty insurance industry. That’s a shame, says Barney & Barney Principal Trindl Reeves, who has been recognized for her efforts to promote...
Insurance Educators Take Advantage of New Media
Jun 23 2011 // As Web sites and social media companies like Facebook and LinkedIn have proven, new media is nothing if not great in building a community. That’s why long-time insurance educators Laurie Infantino, Ray Infantino, Tom...