Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
P/C Insurers’ Surplus Rose, Profitability Fell in 2014’s First 9 Months
Jan 28 2015 // The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall...
Wells Media Announces C-Suite, Managerial Promotions
Jan 28 2015 // Property/casualty insurance media company Wells Media Group announced four C-suite and managerial staff promotions this week. Julie Tinney now serves as chief marketing officer, Josh Carlson has been promoted to chief...
Not All Program Market Competition Is Good
Jan 26 2015 // The program insurance business market has enjoyed years of growth and appears on track to continue its expansion. However, while program business is attracting new interest, some participants are cautioning that not all...
How States Rate on Insurance Regulation, ‘A’ to ‘F’
Jan 26 2015 // Vermont gets a grade of “A+” and California and North Carolina get grades of “F” in the annual report card on state insurance regulation issued by the free market think tank, The R Street...
Senior Market Presents Opportunities for Young Agent Specialists
Jan 23 2015 // The graying of America could be a great opportunity for young entrepreneurs, including young insurance producers. As the nation’s population continues to gray, the people who work in the many businesses and...
Vermont Captive Insurance Gross Written Premium Nears $30B
Jan 22 2015 // Vermont licensed 16 new captives in 2014 and the state’s captive insurance gross written premium is nearing $30 billion, according to data released today by the Vermont Captive Insurance Division. The new captives...
McCarty Deserves Some Credit for Stabilizing Florida Market
Jan 21 2015 // Testifying this week before the Florida House Insurance and Banking Subcommittee, Office of Insurance Regulation Deputy Chief of Staff Monte Stevens echoed much of what has been reported in recent months about...
California Court Rejects Insurance Challenge to Prop. 103
Jan 21 2015 // The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs...
Reinsurance Execs See Market Adjusting to New Realities
Jan 20 2015 // Aon Benfield’s Reinsurance Market Analysis describes the participants as having “reached the end of a 15 year journey, featuring chronological stages of alternative capital’s significance, completion and...
Global Risk Investment May R!SE With U.N., Willis-Backed Initiative
Jan 15 2015 // There is opportunity in climate change. That’s the frown-upside down view being taken by at least one large insurance broker under part of a global initiative to heighten the awareness of global risk and investing...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Labor Woes for a Rebounding Construction Market
Jan 12 2015 // With construction activity picking up steam all across the nation, insurers are expressing concern over how the construction sector will meet the growing demand for qualified labor. Insurers are concerned not only with the...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
How States Rate on Insurance Regulation, ‘A’ to ‘F’
Jan 8 2015 // Vermont gets a grade of “A+” and California and North Carolina get grades of “F” in the annual report card on state insurance regulation issued by the free market think tank, The R Street...
Aon Benfield 2015 Reinsurance Outlook Notes ‘Financial Security’ Strength
Jan 5 2015 // The roller coaster ride engendered by the entry of large amounts of alternative capital into the reinsurance market – originally seen as a threat – has turned out to be a major factor in strengthening the capital...
U.S. Treasury Releases Report on Global Reinsurance Industry
Dec 31 2014 // The U.S. Department of the Treasury’s Federal Insurance Office (FIO) has released a report outlining the role the global reinsurance industry plays in the U.S. insurance industry. The report, Breadth and Scope of the...
Report: Texas Insurance Industry Impacts State Economy in a Big Way
Dec 23 2014 // A new study commissioned by group of state and national trade associations shows that the insurance industry — including both the property/casualty and life/health sectors — positively impacts the Texas economy. For...
Risk Modelers Working on Tools for Gauging Cyber Attack Risk
Dec 23 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’
Dec 22 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
With TRIA Renewal Efforts Killed, Some Predict Market Chaos
Dec 18 2014 // Property/casualty insurance industry groups, business associations and observers alike were quick to condemn the death of TRIA renewal for 2014. Without federal terrorism reinsurance in place for 2015, they predicted...
