Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Nacht Keynote Speaker at IICF Luncheons
Feb 18 2002 // Michael Nacht, Dean of the Goldman School Public Policy at the University of California, Berkeley will be the keynote speaker at the Insurance Industry Charitable Fund’s 2002 Kickoff Luncheons. The Northern...
ISO Connects Claims Outcome Advisor to ISO Claimsearch All-Claims Database
Feb 14 2002 // ISO is electronically connecting its Claims Outcome AdvisorTM (COATM), the leading bodily injury claims management system, with ISO ClaimSearch®, the property/casualty industry’s most comprehensive all-claims...
Commercial Auto Agents: Between a Rock and a Hard Market
Feb 11 2002 // The cyclical ups and downs of the multisegmented arena referred to collectively as commercial auto are nothing new. Though the years referred to as “soft” and “hard” vary in both length and...
Investments Show Confidence in Mexican Insurance Industry
Feb 11 2002 // One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the...
NAPSLO Mid-Year Meeting Set for San Antonio
Feb 11 2002 // The National Association of Professional Surplus Lines Offices (NAPSLO) is holding its Mid-Year Marketplace & Business Roundup Feb. 24-27 in San Antonio. The Texas gathering replaces the 2002 Mid-Year Educational...
Investments Show Confidence in Mexican Insurance Industry
Feb 11 2002 // One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the...
OneBeacon Enters Professional Liability Insurance Market
Feb 7 2002 // OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., announced its entrance into the Directors and Officers Liability and Professional Liability insurance markets under the name...
Mo. Licensing Temporary Adjusters Would Impede Aid After Disasters
Feb 5 2002 // Although well-intentioned, a proposal to require the licensing of temporary insurance adjusters following a catastrophe is not needed and would impede assistance to consumers during their time of need according to the...
Insurance Availability Task Force Formed in Nebraska
Feb 5 2002 // Nebraska Department of Insurance Director, L. Tim Wagner announced the creation of an insurance availability task force, members of which are various insurance company representatives and insurance producers who will...
13th Annual NILS to focus on effects of Sept. 11
Jan 29 2002 // The upcoming 13th annual National Insurance Leadership Symposium (NILS) will focus on the effects of the Sept. 11 attacks on the insurance industry and the actions taken to recover. The symposium, which will be held on...
E&S Lines Basking in the Warm Glow of a Hard Market
Jan 28 2002 // Early in 2000, insurance prices started doing something they had not done in almost 15 years. They began to increase, and they kept growing at a modest pace into the third quarter of 2001, when the events of September 11...
Calif. Legislators Craft Tentative Agreement on Workers’ Comp Reform
Jan 28 2002 // After vetoing SB 71 last fall, California Gov. Gray Davis made a pledge that he would reach out to legislators and others to comprise a reform bill addressing workers’ compensation. Now, it appears Davis and...
E&S Lines Basking in the Warm Glow of a
Jan 28 2002 // Early in 2000, insurance prices started doing something they had not done in almost 15 years. They began to increase, and they kept growing at a modest pace into the third quarter of 2001, when the events of September 11...
Communicating Effectively with Your Wholesaler
Jan 28 2002 // The managing general agent (MGA) has long been a part of the insurance sales process—but still remains a mystery to many insurance professionals. A working knowledge of MGAs will lead to a beneficial and profitable...
Communicating Effectively with Your Wholesaler
Jan 28 2002 // The managing general agent (MGA) has long been a part of the insurance sales process—but still remains a mystery to many insurance professionals. A working knowledge of MGAs will lead to a beneficial and profitable...
Study Explores Insurer Savings through Focus
Jan 23 2002 // A report in P.R. Newswire said the U.S. property & casualty insurance industry — suffering from declining investment returns and unprecedented claims from the Sept. 11 terrorist attacks — could retain $30...
S&P Sees Stable Belgian Insurance Market in 2002
Jan 22 2002 // Standard & Poor’s has issued a report on the Belgian insurance market which concludes that the basic outlook for the year 2002 is stable, and that the majority of Belgian insurers’ financial strength...
NAMIC REpresentative Warns of ‘Stultifying’ Economic Consequences of Reinsurance Shortage
Jan 21 2002 // Warren Heck, chairman and CEO of the Greater New York Mutual Insurance Company will explain to the NAIC’s Reinsurance Task Force the more general economic problems that accompany the post-9/11 reinsurance...
Commercial Insurance Market Index Documents Signs of Market Distress
Jan 17 2002 // According to PR Newswire, the insurance industry is showing the first signs of distress following the Sept. 11 terrorist attacks, with major commercial property/casualty premiums uniformly on the upswing and confusion in...
P/C Trends Gain Momentum after U.S. Attacks
Jan 16 2002 // According to A.M. Best Co., the unprecedented events of Sept. 11 have forever changed the way the insurance industry defines risk as both property and liability lines have been exposed to catastrophic risks that cannot be...
