Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Study: Insurance Industry Has a Significant Economic Impact in Michigan
Feb 22 2016 // A recently released study shows the positive contributions the insurance industry makes to Michigan’s economy statewide. The report — Economic Footprint of Michigan’s Insurance Industry — was...
Agency Compensation: Unequal Pay For Women?
Feb 22 2016 // Prev Next 20160218_salary_survey_01 2016 Salary Survey 20160218_salary_survey_02 2016 Salary Survey 20160218_salary_survey_03 2016 Salary Survey 20160218_salary_survey_04 2016 Salary Survey 20160218_salary_survey_05 2016...
P/C Direct Premium Written Up 4.2 Percent
Feb 22 2016 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually, according to a Demotech analysis. At year-end 2014, more than $570 billion of DPW was reported, a record-high...
Atlas General Insurance Services CEO<br/> Bill Trzos Named in Insurance Business America magazine’s Hot 100 List of 2015
Feb 17 2016 // San Diego, CA, February 17, 2016 – Industry veteran, founder and chief executive of Atlas General Insurance Services, LLC (“Atlas”), Bill Trzos has been named in Insurance Business America’s...
Study: Economic Impact of Insurance Industry on Michigan Is Significant
Feb 11 2016 // A recently released study shows the positive contributions insurance industry brings to Michigan’s economy. The report — Economic Footprint of Michigan’s Insurance Industry — by Anderson Economic Group...
‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market
Feb 11 2016 // A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern,...
Energy Insurers Become Latest Casualty of Oil Slump as Projects Are Postponed
Feb 11 2016 // The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects forcing down premium rates and income in a market that was already crowded. Insurers...
Insurance Agency Growth, Profits Slipped in 2015 on Oil Bust, Soft Market: Reagan
Feb 9 2016 // Insurance agency and brokerage organic revenue growth slowed to 4.6 percent for 2015, according to the latest Reagan Consulting Organic Growth and Profitability (OGP) survey. That was down from the organic growth of 6.2...
Attracting, Developing Talent a Focus for Westfield Group
Feb 9 2016 // Powered by InsuranceJournal.tv It’s anticipated that by 2020 there will be hundreds of thousands of unfilled positions in the insurance industry and that some 25 percent of those currently working in the sector will...
Attracting, Developing Talent Has Long Been a Focus for Westfield Group
Feb 8 2016 // It’s anticipated that by 2020 there will be hundreds of thousands of unfilled positions in the insurance industry and that some 25 percent of those currently working in the sector will retire within the next three...
Then and Now in the Nonprofit Market
Feb 8 2016 // The nonprofit sector is not what it used to be. This critical sector represents more than 1.5 million organizations and accounts for almost 10 percent of all salaries and wages paid in the United States. And it’s...
UK’s Flood Re Secures $3B Reinsurance Program; Scheme to Launch in April
Feb 4 2016 // Flood Re, the UK’s new flood reinsurance scheme, has successfully secured a £2.1 billion ($3 billion) multi-year reinsurance program. Flood Re, based in London, will begin operating in April. In an oversubscribed...
Why Google’s Not So Smart or Fast and Insurance Agents Aren’t Dead… Yet
Feb 2 2016 // Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a...
Tennessee Captive Industry Grew by 37% in 2015
Jan 29 2016 // The Tennessee Department of Commerce & Insurance (TDCI) announced that 57 new captive insurance companies domiciled in the state 2015, which represents a 37 percent increase over 2014. The new captives are comprised of...
Ace Westchester’s Rubel: Future Trends and the Insurance Industry
Jan 28 2016 // What will the insurance industry be like in 15 years? The future will arrive whether the industry is ready or not. And while even so-called experts are no better than the average person in predicting it, what’s most...
Inspiring Innovation an Aim of Iowa’s 3rd Global Insurance Symposium
Jan 25 2016 // Iowa will hold its third annual Global Insurance Symposium April 26-28, 2016, in downtown Des Moines. This year’s symposium is themed “Inspiring Innovation in the Insurance Industry.” Planners say...
Vaidyan Appointed to Lead GIC Re as India’s 1st Insurer Chairwoman
Jan 25 2016 // Alice Vaidyan has been appointed as chair and managing director of General Insurance Corp. of India (GIC Re), the national reinsurer. She is the first woman to be appointed as chair in the history of Indian insurance...
Something to Consider: Future Trends and the Insurance Industry
Jan 25 2016 // What will the insurance industry be like in 15 years? The future will arrive whether the industry is ready or not. And while even so-called experts are no better than the average person in predicting it, what’s most...
Report: Mississippi Insurers Not Overcharging Coastal Residents
Jan 25 2016 // Results of Mississippi’s Clarity Act Data Call are in and they confirm what insurance experts in the state say they already knew: insurers are not overcharging coastal residents in Mississippi. In fact, many...
China’s Insurance Marketplace Explained in California Symposium
Jan 25 2016 // Few people in the world could probably offer the sort of perspective on China’s developing insurance industry as economist Qixiang Sun. Sun is the dean of the school of economics at Peking University, and director of...
