Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Insurance Industry Celebrates Women’s Achievements
Jun 2 2008 // May 18-24, 2008, marked National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW...
Innovation Necessary for Insurance Industry
Jun 2 2008 // As the insurance industry continues to be challenged with softening rates and premiums, innovation is key to long-term success, says Julie K. Davis, executive vice president for Aon Corp.’s Wired for Growth...
People
Jun 2 2008 // Specialty Insurance Managers Inc. CEO Frank R. Berry and President Diana G. Berry are retiring. The Austin, Texas-based managing general agency chose to perpetuate by passing the leadership of the firm to Mike Berry,...
Insurance Industry Celebrates Women’s Achievements
Jun 2 2008 // May 18-24, 2008, marked National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW...
Soft Market Tests Program Administrators’ Survival Skills
Jun 2 2008 // It’s Time to Focus Marketing, Upgrade Data, Round Out Business In a recent letter to fellow program administrators, Greg Thompson, CEO of Thompson Insurance Enterprises Inc. and Target Markets Program Administrators...
Study: Moderate Income Households an Untapped Insurance Market
Jun 2 2008 // Many low- and moderate-income households need more insurance and want to know more about it, according to a recent study by the Federal Reserve Bank of Chicago. Overall, these consumers hold positive views about insurance,...
FBI Says Fighting Financial Crimes a Priority; Insurance Cases Top 200
Jun 2 2008 // Feds Focus on Arson, Hurricane Katrina, Corporate Fraud, Premium Diversion and Workers’ Compensation The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209...
A Soft Market Solution: MGAs and Risk Sharing
Jun 2 2008 // Part 2: Soft Market Benefits of Risk Sharing Extend Beyond Potential for Increased Profits Editor’s Note: The following is part two of a discussion of the risk retention options available to managing general agents,...
State Regulators Consider Centralizing Insurance Market Conduct Reporting
May 30 2008 // State insurance regulators want to centralize the filing and storage of their annual market conduct reports on insurance companies. The regulators are reviewing a proposal that would allow insurers to make one filing, as...
Ohio Agents Sponsor 2008 Insurance Career Internship Program
May 30 2008 // The Professional Insurance Agents Association of Ohio, Inc. (PIA) Internship Program, recently announced that its 2008 program for insurance industry interns was operational. On May 28 the PIA welcomed 12 interns hosting a...
RMS Attends Chinese Regulatory Conference to Promote Data Standards
May 30 2008 // In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with...
Report: Technology Critical for Insurers Targeting ‘Millennial Generation’
May 30 2008 // As the estimated 80 million people born between 1981 and 2001 enter the workforce and become active consumers, technology will play a critical role for insurance firms targeting those in the so-called “millennial...
FBI Says Fighting Financial Crimes a Priority; Insurance Cases Top 200
May 23 2008 // The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209 insurance fraud cases. During it fiscal year 2007, the 209 insurance fraud cases investigated by the FBI...
Insurance Industry Celebrates Women’s Achievements
May 21 2008 // May 18-24, 2008, marks National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW Week...
Insurer Executives Say More Can be Done to Attract New Talent
May 19 2008 // Encompass, The Hartford execs note that agents stand on solid ground in their role as trusted advisors Young agents today face a number of challenges, including the soft market, a downturn in the economy, and learning the...
Alabama Opens Coastal Home Insurance Market to Captive Insurers
May 19 2008 // The Alabama Legislature has passed a bill that will allow captive insurance companies to sell residential insurance along the Alabama coast. The House and Senate voted without dissent to give final approval to changes in...
Insurance Industry: One Cog in the Cargo Theft Prevention Machine
May 19 2008 // Supply chain players advised to combine strategies for a multi-level solution to loss control While cargo theft can affect every sector of the supply chain, competing interests among the various players in the chain can...
People
May 19 2008 // Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on...
Innovation Necessary for Insurance Industry
May 19 2008 // As the insurance industry continues to be challenged with softening rates and premiums, innovation is key to long-term success, according to Julie K. Davis, executive vice president for Aon Corp.’s Wired for Growth...
Insurance Industry Celebrates Women’s Achievements
May 19 2008 // Fortune 500 companies with the highest representation of women board directors have significantly higher financial performance, on average, than companies with the lowest representation of women board directors, according...
