Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
U.S. Reinsurance Outlook Remains Negative for 2018, Says A.M. Best
Jan 22 2018 // Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative...
Kentucky Reports $10.5M Returned to Insurance Consumers in 2017
Jan 22 2018 // The Kentucky Department of Insurance’s (DOI) Consumer Protection Division returned over $15 million to Kentucky consumers during 2017, the department said in a statement. Consumers received over $10.5 million in...
Aon Benfield’s Christian Named Chair of ClimateWise, Raising Climate Risk Resilience
Jan 18 2018 // Dominic Christian, executive chairman of Aon Benfield International, has been appointed chair of ClimateWise, an organization that aims to help the insurance industry respond to the risks and opportunities of the...
Report Shows Florida AOB Abuse Worsening as Lawmakers Consider Reforms
Jan 17 2018 // The 2018 Florida Legislative Session is underway, and lawmakers have wasted no time taking up legislation to address the assignment of benefits crisis plaguing the state. While they debate which reform option to back,...
Insurance Industry Bands Together to Make a Difference in North Carolina City
Jan 16 2018 // A group of insurance and risk management professionals are working together to make a difference in one of North Carolina’s largest cities. The group, Community Matters: Insurance Partners of Charlotte, started in...
Verisk’s ISO Personal Lines Program Targets $40 Billion Private Flood Insurance Market
Jan 11 2018 // Things just got a bit easier for private personal lines insurance carriers wanting to enter the flood insurance market. Through its ISO subsidiary, data analytics firm Verisk has launched a new personal lines flood...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield
Jan 11 2018 // Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which has responded with a show of strength by continuing to fund reinsurance capacity, according to...
Kentucky Reports $10.5M Returned to Insurance Consumers in 2017
Jan 11 2018 // The Kentucky Department of Insurance’s (DOI) Consumer Protection Division returned over $15 million to Kentucky consumers during 2017, the department said in a statement. Consumers received over $10.5 million in...
U.S. Reinsurance Outlook Remains Negative for 2018, Says A.M. Best
Jan 10 2018 // Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative...
2018 Insurance Industry Meetings & Events Directory
Jan 8 2018 // CIWA Industry Days Jan 8-10 Hilton La Jolla Torrey Pines La Jolla, Calif. California Insurance Wholesalers Association (CIWA) Contact: Thomas Shovlin, thomas@ciwa.net The 19th Annual Windstorm Insurance Conference Jan...
Sexual Harassment: Employment Liability Tipping Point
Jan 8 2018 // From Hollywood mogul Harvey Weinstein to famed television journalist Matt Lauer, to thousands of others speaking out through the social media movement #MeToo, sexual harassment allegations from individuals who claim to...
IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala
Jan 8 2018 // The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala...
I Heard There Might Be Opportunity “In-Land”
Jan 4 2018 // “According to CoreLogic, a leading source for flood and disaster risk data, approximately 70 percent of the flood damage from Hurricane Harvey was uninsured….” states Clearsurance in their recently...
The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles
Jan 3 2018 // Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in the Lloyd’s and...
Top Insurance Journal Southeast Stories of 2017
Dec 29 2017 // It was another busy year in the Southeast with storms, workers’ comp, and carrier insolvencies dominating the headlines. Here’s a look back at some of the stories that attracted the most readers in...
Top Insurance Journal East Stories of 2017
Dec 29 2017 // As 2017 wraps up, Insurance Journal is looking back on some of its most popular stories of the year while preparing for what is ahead for the insurance industry in 2018. These are just a few of many topics Insurance...
Top Insurance Journal South Central Stories of 2017
Dec 29 2017 // Among the most read news stories in Insurance Journal’s South Central region during 2017 concerned Hurricane Harvey and Texas hailstorm (aka natural catastrophe insurance claims) legislation. The insurance industry...
Top Insurance Journal National Stories of 2017
Dec 29 2017 // It wouldn’t feel right to close out the year without looking back at the most popular stories on Insurance Journal during the past 12 months. Here are the national stories that attracted the most readers in 2017,...
What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry
Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years. Under the legislation, insurers, agencies and other businesses organized as C...
IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala
Dec 22 2017 // The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala...
