Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Agents and Brokers Need to Prepare for the ‘Brand’ New World
Aug 7 2000 // “[Branding] starts with a vision on the top and has to be extended across all points of touch… it isn’t something that’s just window dressing.” The concept of branding is about much more than...
Conning Co.: Property/Casualty Industry Must
Jul 18 2000 // Insurers in the property/casualty sector will not be able to reduce expense levels significantly unless they address their commission and other acquisition expenses, according to a recent Conning & Company...
Michigan Launches Insuring the Children Chapter
Jul 14 2000 // Eradicating child abuse and neglect and supporting prevention programs will be the focus of a new chapter of Insuring the Children, officially launched yesterday in Michigan. Insuring the Children is a grassroots effort of...
Industry Leaders Speak Out About Quackenbush Resignation
Jul 10 2000 // “There is a feeling of inevitability—things got pretty dismal around here. I guess there were no surprises, it”s just the suddenness of it. There was all the anticipation of this great hearing [scheduled for...
Xcelerate Corp. Creates Insurance Division
Jul 5 2000 // Xcelerate Corp., a national eBusiness and wireless Internet solutions company with offices in Atlanta, Dallas and New York, has launched its newest industry practice, which will concentrate on the development, integration...
Swiss Re Sigma Study Examines E-Commerce Impact on Insurance Industry
Jun 30 2000 // The release by Swiss Re of a Sigma Study entitled “The Impact of E-business On the Insurance Industry: Pressure to Adapt–Chance to Reinvent,” is the third major report the company has issued in the last...
Hi-Tech Systems Vulnerable To “Space Weather” Effects Says Swiss Re Report
Jun 28 2000 // “Space Weather – hazard to the Earth?”, a new 41 page study from Swiss Re, examines the effects of solar activity and related interstellar phenomenon on earth’s weather, and on high tech...
P/C Industry’s Net Income Dropsby a Third in First-Quarter 2000
Jun 26 2000 // The U.S. property/casualty industry’s net income after taxes dropped 35.4 percent to $5.8 billion in first-quarter 2000, down from $9 billion in first-quarter 1999, according to Insurance Services Office Inc. (ISO)...
Online Proctored Testing Now Available to Insurance Industry Through WebCE.com
Jun 16 2000 // WebCE.com, a leading provider of Internet-based continuing education (CE) courses to the insurance industry, now has both proctored and non-proctored online testing available. “This new technology provides agents and...
P/C Industry’s Net Income Drops by a Third in First Quarter 2000
Jun 14 2000 // The U.S. property/casualty industry’s net income after taxes dropped 35.4 percent to $5.8 billion in first-quarter 2000, down from $9 billion in first-quarter 1999, according to Insurance Services Office, Inc. (ISO)...
I.I.I. Economist Comments on First Quarter 2000 Results
Jun 14 2000 // The property/casualty insurance industry reported a statutory rate of return of 7.0 percent (on an annualized basis) during the first quarter of 2000, down from 10.7 percent in same quarter of 1999 but up from 6.6 percent...
Urge to Merge Subsides in 1999; 2000 Following the Same Course
Jun 12 2000 // Last year was expected to be a boom year for merger and acquisition activity in the insurance industry. But that never happened. In fact, the total dollar value of merger transactions fell by almost 75 percent in 1999...
Industry’s urge to Merge Subsides in 1999; 2000 Looks the Same
Jun 5 2000 // Comming report find both M & A activity and public equity offerings slammed on the brakes. Last year was expected to be a boom year for merger and acquisition activity in the insurance industry. But that never...
AFP Survey Finds Internet Use for Insurance Industry On the Rise
May 29 2000 // With the widespread use of the Internet, a growing number of organizations have developed Web sites to perform many functions, ranging from obtaining information to e-commerce. Still, U.S. corporations today make minimal...
Moratoriums Add Up in Calif.’s Nonstandard Market
May 29 2000 // Could it be that the California nonstandard auto market is hardening? Looking back to the beginning of the year, many companies lowered their personal auto rates in California in an effort to gain market share, but...
InsuranceJournal.com Goes Live with New Features, Breaking News
May 15 2000 // ¥ About one-quarter of all p/c policies for homeowners will be sold online by 2003. ¥ Online insurance sales are expected to reach $4.1 billion in 2003 and grow to $6.3 billion by 2006. ¥ An estimated 40 percent of...
InsuranceJournal.com Goes Live with New Features, Breaking News
May 15 2000 // • About one-quarter of all p/c policies for homeowners will be sold online by 2003. • Online insurance sales are expected to reach $4.1 billion in 2003 and grow to $6.3 billion by 2006. • An estimated 40 percent of...
Mergers, Acquisitions All Too Often Accompanied by Lawsuits
May 1 2000 // Along with the skyrocketing merger and acquisition activity during recent years, has come a general, albeit not unanimous, perception of a corresponding increase in M&A-related lawsuits-especially in...
International Commmentary
May 1 2000 // China, PNTR and WTOÐRealism and Caution The current phase of American trade and foreign policy towards China, which began with the recognition of the Communist regime by the Nixon administration in 1972, will reach...
1999 Financial Results Expose Another Rough Year for Insurers
Apr 24 2000 // The results are in for the property/casualty industry’s fourth quarter and year end, and they don’t look any better than 1998. In fact, with the exception of a small acceleration of premium growth, 1999 was...
