Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Texas Joins Rest of the U.S. in Profitability Upswing of Last Few Years
Feb 10 2008 // I.I.I.’s Hartwig says the state is still one of the riskiest in which to operate The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a...
Insurers Must Focus on Opportunities; Avoid Price Wars to Stay Profitable
Feb 10 2008 // Margin compression and continued pricing erosion will put increasing pressure on the insurance industry to achieve top line objectives in 2008, according to industry analysts. “With pricing becoming increasingly...
India’s Insurance Industry Faces Talent Shortage
Feb 8 2008 // It may come as a bit of a shock, but India, the country that’s become synonymous with out-sourcing, is facing a talent shortage. According to the Darwin Rhodes Group, India’s only specialist insurance...
Munich Re to Set up Brazilian Subsidiary
Feb 7 2008 // Munich Re announced that, following the opening of the Brazilian reinsurance market (See IJ web site – https://www.insurancejournal.com/news/international/2007/12/27/85928.htm), it plans to establish a subsidiary in...
I.I.I.’s Hartwig: Texas P/C Market Profitable Along with Rest of U.S.
Feb 5 2008 // The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a long time coming, according to Robert Hartwig, president of the Insurance Information...
How E&S Brokers Thrive and Survive in Today’s Soft Market
Feb 1 2008 // For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving and thriving in the soft market. The answer to growth in a soft market is simple,...
Insurance Industry Run by ‘C’ Students? Don’t Tell CPCUs That
Feb 1 2008 // The insurance industry is a “C” student industry; the “A” and “B” students are working elsewhere, said the insurance company executive. Them’s fighting words, especially in a room...
Continuing Education Serves a Positive Purpose
Jan 27 2008 // Continuing education is a fact of life for all agents and brokers. Because states require CE credits, it translates into the reality of a continuous, and often repetitive, obligation — a career-long commitment of time...
Industry Executives Predict Tort Trends Likely to Remain Stable in 2008
Jan 27 2008 // Tort trends will likely remain stable in the year ahead, according to a survey conducted by the Insurance Information Institute. Sixty-six percent of the executives polled believe that tort trends in 2008 will be little...
ABCs
Jan 27 2008 // The insurance industry is a “C” student industry; the “A” and “B” students are working elsewhere, said the insurance company executive. Them’s fighting words, especially in a room...
Executives See Only Moderate Growth for P/C Industry in 2008
Jan 27 2008 // Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower — although that could quickly worsen if a natural...
European Risk Managers, Industry Face New and Not so New Challenges
Jan 27 2008 // FERMA conference highlights growing importance of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the...
To Thrive and Survive
Jan 27 2008 // E&S brokers seek new ways to grow, prosper in today’s changing market For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving...
The Pressure’s On
Jan 27 2008 // Washington State’s Kreidler believes now’s the time for the industry to face climate change Washington State Insurance Commissioner Mike Kreidler has proven adept at balancing the many demands placed upon state...
Dinallo: Bond Insurance Market Fix Needs Time
Jan 24 2008 // Days after announcing a three-part strategy to fix the ailing New York bond insurance market, the state’s top regulator said any plan to deal with the issues facing insurers would take time. “These are...
Insurers Must Focus on Opportunities, Avoid Price Wars to Stay Profitable
Jan 23 2008 // Margin compression and continued pricing erosion will put increasing pressure on the insurance industry to achieve top line objectives in 2008, according to industry analysts. “With pricing becoming increasingly...
A New Approach to New Business Prospecting for the Insurance Industry
Jan 22 2008 // Beacon Marketing Group – “Helping to guide your insurance prospecting needs to new destinations” Orange, CA – January 22, 2008: Beacon Marketing Group was founded by a management team with over 35...
Vermont Captive Insurance Leader Crouse to Retire
Jan 22 2008 // Leonard Crouse, Vermont deputy commissioner of Captive Insurance and a fixture in the state’s captive insurance industry for 18 years, has announced his plans to retire effective June 1. For more than 30 years Crouse...
Tort Trends Likely to Remain Stable in 2008, Finds I.I.I. Survey
Jan 16 2008 // Tort trends will likely remain stable in the year ahead, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 12th annual Property/Casualty Insurance Joint Industry Forum. Sixty-six...
A New Social Networking Site for the Insurance Industry
Jan 14 2008 // Sexy Insurance? A New Social Networking Site for the Sexiest Industry on the Planet. Meet new colleagues, network, job search, trade war stories, post pictures, video, audio, and more! Boston, MA – January 14, 2008:...
