Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Ex-Treasury Official Wolin Urges Federal, State Collaboration to Improve Regulation
Jan 17 2014 // To make continued improvements in the U.S. insurance regulatory system, it’s imperative for state and federal officials to work collaboratively and share information and perspectives, said former Deputy Treasury...
Online Platform Bolt Solutions Wins Patent for Systems Incompatibility Fix
Jan 16 2014 // Online property/casualty insurance systems provider Bolt Solutions Inc. said it has been issued a patent for its “apparatus and methods” for facilitating compatibility between different computer systems and,...
P/C Insurers Face Challenge to Match 2013 Results in 2014
Jan 15 2014 // The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to match last year’s results as insurers begin to face more headwinds, according to...
Iowa to Host Global Insurance Symposium in 2014
Jan 13 2014 // Iowa officials say a new insurance symposium set for next year in Des Moines is aimed at bringing top industry experts to the area. Iowa Insurance Commissioner Nick Gerhart said the two-day Global Insurance Symposium will...
Lloyd’s Underwriters Warn of Rising Danger from Cyber Terrorism
Jan 3 2014 // An article on the Lloyd’s website notes that “industrial facilities from nuclear plants to dams are increasingly coming under attack from cyber terrorists bent on causing physical damage and disruption from...
Iowa to Host Global Insurance Symposium in 2014
Dec 31 2013 // Iowa officials say a new insurance symposium set for next year in Des Moines is aimed at bringing top industry experts to the area. Iowa Insurance Commissioner Nick Gerhart said the two-day Global Insurance Symposium will...
Check-Up Service Helps Insurance Industry Navigate Licensing Maze
Dec 24 2013 // Some insurance professionals and agencies have been known to fall behind on the paperwork required for licensing and, in some cases, not even know what licenses they have in effect at any given time. It’s...
P/C Insurers Boost Bottom Line on Big Gain in Underwriting Through 9 Months
Dec 23 2013 // Private U.S. property/casualty insurers’ net income after taxes rose to $43 billion in nine-months 2013 from $27.8 billion in nine-months 2012, with insurers’ overall profitability as measured by their...
Buyers Benefit from Soft Market in Airline Renewal Season: Willis Report
Dec 23 2013 // According to the Q4 Issue of Airline Insight, from Willis Group Holdings, “unprecedented levels of competition, growth in exposures and low loss levels are driving premium reductions for insurance buyers during the...
AmWINS CEO DeCarlo Named 2014 Honoree of City of Hope Charity
Dec 19 2013 // The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS Group Inc., will be honored at the NIIC’s 2014 Spirit of Life Award dinner for City...
IICF, Sesame Workshop Team Up for Literacy
Dec 16 2013 // Imagine not being able to read this article, or the directions on a medicine bottle, or the menu at a restaurant. For 32 million Americans, being unable to read is a daily reality, according to the U.S. Department of...
A Time to Give
Dec 16 2013 // It’s that time of year again – the time of year when many consider giving gifts to family, friends, co-workers and those in need. But giving is not about the time of year. Giving is a way of life – a way of life...
How Insurance Industry Associations Help Those in Need
Dec 16 2013 // Big “I” member agents, along with former Washington Redskins quarterback Joe Theismann, at a Make-A-Wish event on April 21, 2013, at Pfitzner Stadium in Woodbridge, Va., to benefit local children. Big...
P/C Industry Supportive But Cautious on Federal Insurance Office Recommendations
Dec 13 2013 // Insurers, agents, brokers and state regulators welcome modernization and improvements in the current regulation of insurance, but are not so welcoming of changes that might invite regulation by the federal government. The...
Keefe, Bruyette & Woods Forecasts ‘Soft Insurance Rate Landing’
Dec 12 2013 // U.S. property/casualty insurers’ and brokers’ operating earnings are expected to modestly improve in 2014, and the overall insurance rate increases will “probably moderate into 2015,” said...
IICF Northeast Division Awards 16 New Grants Totaling $879,000
Dec 12 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced 16 charitable grants at its seventh annual benefit dinner on Wednesday. The total amount of the grants is $879,000. Lisa Tepper, chair of the...
Big Brains at Big ‘I’, Insurance Information Institute Give Their Take on 2014
Dec 11 2013 // Most economists are upbeat about next year, but just what does that mean for insurance agents in 2014? For independent agents 2013 was a year in which one entity forecasted their eventual demise, and for the rest of the...
Program Market Growth: New Study Shows Business Up 10%
Dec 2 2013 // Program insurance premium revenues increased 10.8 percent in 2012, more than three times the rate of premium growth in the overall commercial insurance markets, according to results from a recent survey by the Target...
10 Things to Know About Pollution Liability
Dec 2 2013 // In 2013, pollution liability news included: a $500 million cleanup plan for N.Y.’s Gowanus Canal; a $47 million cleanup plan for the Ringwood, N.J., Superfund site; a $113 million suit alleging toxicity at the...
Mass. Regulator Offers Update on Industry Developments, Boston Bombing Claims
Nov 27 2013 // Massachusetts’ top insurance regulator recently spoke about the state of the insurance industry in Massachusetts, with topics ranging from the auto insurance marketplace and the Biggert-Waters Flood Insurance Reform...
