Latest Market Headlines

All the headlines from our Market Topic Page, ordered by recency.

Insurance Journal 80th Anniversary

Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...

Commentary on First Half 2003 Results

Oct 20 2003 // The property/casualty insurance industry reported a statutory rate of return of 9.7 percent in the first half of 2003, up from a disappointing 1.0 percent in 2002 and the worst-ever negative 2.4 percent recorded in 2001....

Happy 80th Birthday Insurance Journal

Oct 20 2003 // Not many businesses can make the claim, “we’re 80 years old.” Now Insurance Journal can. It’s hard to believe we started in Los Angeles in 1923 as a life insurance magazine. My family came on the...

S&P Reports on Latin American Insurers/Reinsurers

Oct 17 2003 // Standard & Poor’s has issued new reports on the Latin American insurance industry, which concludes that the market, while still in a “developing stage,” has strong growth prospects. As far as the...

MarketScout Chairman Sees Softening of the Market

Oct 7 2003 // Is the cyclical hard market taking a turn for the soft? According to one expert, that is just what appears to be happening. “The property and casualty insurance market is softening. As a result, business owners will...

Apprehensions over Regulation, Capital, Industry Image, Dominate CII Conference

Oct 6 2003 // The industry “needs leaders that will actually lead,” said outgoing president Andy Homer as he closed the 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute...

Riordan, Zaremberg to Keynote IICF Bridge Week Luncheons

Oct 6 2003 // The Insurance Industry Charitable Foundation’s (IICF) annual Bridge Week will take place again this year from Oct. 11 – Oct. 19. Highlighting the week will be two separate luncheons, one in northern California,...

Special Coverage: NAPSLO Annual Convention

Oct 6 2003 // The NAPSLO Annual Convention took place Sept. 10-14 in San Diego at the San Diego Marriott Hotel & Marina. For more Insurance Journal interviews and special video coverage of the NAPSLO Convention, including an...

Regulation, Capital, Industry Image Dominate CII Conference

Oct 6 2003 // The industry “needs leaders that will actually lead,” said outgoing president Andy Homer as he closed the 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute...

Communications, People and Technology Ride High on Canter’s ‘To Do’ List

Oct 6 2003 // Louise “BeBe” Canter, senior vice president of Patterson/Smith Associates, Falls Church, Va., was installed as president of the Independent Insurance Agents & Brokers of America Inc. (IIABA) during the...

Special Coverage: NAPSLO Annual Convention

Oct 6 2003 // The NAPSLO Annual Convention took place Sept. 10-14 in San Diego at the San Diego Marriott Hotel & Marina. For more Insurance Journal interviews and special video coverage of the NAPSLO Convention, including an...

CPCU Society to Highlight Results From P/C Survey at Annual Meeting

Oct 1 2003 // The CPCU Society invites insurance professionals to “Jazz Up Your Career!” at the CPCU Society’s 59th Annual Meeting and Seminars in New Orleans, Oct. 11-14. Join CPCUs, the New Designee Class of 2003,...

$14.5 Billion First Half Profit for P/C Industry

Sep 30 2003 // The U.S. property/casualty industry’s net income after taxes rose to $14.5 billion in first-half 2003 from $4.4 billion in first-half 2002, as both underwriting and investment results improved, according to Insurance...

RMS Updates Insured Loss Estimate for Hurricane Isabel to $600M

Sep 24 2003 // Risk Management Solutions (RMS) released a revised loss estimate of $600 million for wind-related claims from Hurricane Isabel, updating its initial estimate of $500 million released on Sept. 17. The company also reported...

A Hard Market: The Most Opportune Time to Save for a Rainy Day

Sep 22 2003 // In a hard market, like the one we’re experiencing lately, many of the positive effects of the increased revenue can also carry some consequences that can negatively affect your agency down the road. A hard market is...

Apprehensions over Regulation, Capital, Industry Image, Dominate CII Conference

Sep 22 2003 // The 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute wound up proceedings in London last Friday on an upbeat note. President Andy Homer told delegates that the industry...

Non-Profits, Public Entities Battle Market Conditions

Sep 22 2003 // As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a look at the non-profits and public entities markets, Insurance Journal spoke with several experts in those...

S&P PUBLISHES ENCOURAGING REPORT ON ASIA-PACIFIC REINSURANCE MARKET

Sep 22 2003 // Standard & Poor’s has published a report on the Asia-Pacific non-life reinsurance market, which indicates that it “is experiencing a period of profitability following a decade of weak results due to under...

PIA CT, NH, NJ and NY Join Fall Return to School

Sep 22 2003 // A bulletin from the Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New York State Inc. notes that “summer has come and gone. It’s time for calculators and textbooks—for the...

Non-Profits, Public Entities Battle Market Conditions

Sep 22 2003 // As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a look at the non-profits and public entities markets, Insurance Journal spoke with several experts in those...