Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Steven M. Goldman, New Jersey, Commissioner of Banking and Insurance
Sep 25 2006 // Steven M. Goldman was sworn in as Commissioner of the New Jersey Department of Banking and Insurance on March 20, 2006, after the Senate Judiciary Committee and full Senate unanimously approved his appointment. Prior to...
Construction Industry and the Latino Workforce
Sep 25 2006 // In the next 10 years, the construction business will need to fill more than 180,000 jobs. As the rush to fill these positions advances, workers’ compensation professionals will be challenged along with the...
Commentary: Newton’s Third Law
Sep 25 2006 // Sir Isaac Newton’s third law of motion — “For every action, there is an equal and opposite reaction” — wouldn’t appear to have much to do with the insurance industry. If the Street...
Make insurance, risk management appeal to college grads: ‘Smash the Myth’
Sep 25 2006 // One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the...
Make insurance, risk management appeal to college grads: ‘Smash the Myth’
Sep 25 2006 // One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the...
Post-storm season forecast
Sep 25 2006 // With lots of luck, the second half of the 2006 hurricane season will be as uneventful for most East Coast residents and businesses — and insurers — as the first half has been. Not that the first half...
Editor’s Note: Post-storm season forecast
Sep 25 2006 // If the immediate hurricane trend does continue, there may be another storm that the insurance industry will have to weather: a political storm. With lots of luck, the second half of the 2006 hurricane season will be as...
J.P. Schmidt, Hawaii, Insurance Commissioner
Sep 25 2006 // Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already has...
!Cuidado! Construction Industry and the Latino Workforce
Sep 25 2006 // In the next 10 years, the construction business will need to fill more than 180,000 jobs. As the rush to fill these positions advances, workers’ compensation professionals will be challenged along with the...
Best Affirms Toa Re ‘A+’ Ratings
Sep 19 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Japan’s Toa Reinsurance Company, Limited; however, the rating outlook is...
Surplus Lines Premium Volume Shows Little Growth
Sep 19 2006 // Direct premium volume for the surplus lines insurance market remained relatively flat in 2005 as it did in 2004, after growing significantly during the three prior calendar years. The significant growth had been a...
R&M Report Analyzes Chinese Insurers
Sep 14 2006 // Dublin-based Research and Markets has added a new report on the Chinese insurance industry to their offering. “‘China Insurance Sector Analysis (2006)’, provides extensive research and objective analysis...
House Subcommittee Hears Testimony on Coastal Insurance Market
Sep 13 2006 // The House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, heard testimony today from industry advocates to discuss the need for public and private sectors to work...
Guy Carpenter Study Shows Big Rate Increases in U.S., Mexico
Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...
What’s Next in Terrorism Insurance Market…and Politics?
Sep 5 2006 // Terrorism insurance has become increasingly common and affordable five years after Sept. 11. But that market has only emerged with the federal government’s pledge to serve as an insurer of last resort — assistance...
The Commissioners
Sep 4 2006 // Indiana Insurance Director Jim Atterholt is focused on bringing more insurance companies to his state. Atterholt said the current Indiana governor has a strong pro-business philosophy and has made “growing insurance...
Make insurance, risk management appeal to college grads: ‘Smash the Myths’
Sep 4 2006 // One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the...
Warren is a 20-year insurance industry veteran. She originally joined Beecher Carlson in March 2005 as senior vice presi
Sep 4 2006 // People American International Group, Inc. named Nicholas J. Ashooh as senior vice president of communications. Ashooh succeeds John T. Wooster, Jr. who had filled that role on a temporary basis since year-end 2005, and...
To make insurance appealing to college grads, smash the myths
Sep 4 2006 // One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the...
Rates are softening
Sep 4 2006 // As the surplus lines world turns to another year of soft market conditions, specialists and innovators may be the ones to survive as increasing competition intensifies, according to excess and surplus lines brokers,...
