Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Report: 2008 Insurance Agency-Broker Value Forecast
Apr 24 2008 // Marsh, Berry & Company Inc. has released an overview of the state of the insurance distribution system for 2008 and beyond. This research report documents historical and projected insurance agency/broker value, merger...
Survey: Majority of October’s California Wildfire Claims Settled
Apr 23 2008 // A new survey of insurance companies estimates that nearly 90 percent of claims stemming from the devastating October 2007 fire and wind storms in California have been settled. A poll by the Insurance Information Network of...
Insurance Sector Ranks Second in Federal Political Giving
Apr 21 2008 // The nation’s lobbyists spent $17 million for every day that Congress was in session, watchdog group says Corporations, industries, labor unions, governments and other interests spent a record $2.79 billion in 2007 to...
Snowmobile Deaths in Michigan Rise Slightly in 2007-08
Apr 21 2008 // The number of snowmobile-related deaths in Michigan rose slightly this past winter — the first increase in five years. A report says 22 people died from snowmobile injuries during the 2007-08 winter, compared with 20 the...
Florida Agent Bucks Trends With Growth, Recruitment Strategies
Apr 21 2008 // Riemer’s on a collecting spree that includes new employees, green offices, Rolex watches and cookie jars When Fireman’s Fund introduced its Green-Gard program covering environmentally sound commercial building...
Federal Charter: A Future ‘Insurance Subprime’ Debacle?
Apr 21 2008 // The banking and securities industry is facing worldwide subprime mortgage-related losses which knowledgeable sources – including the International Monetary Fund — now suggest could top $1 trillion, according to...
Federal Charter: A Future ‘Insurance Subprime’ Debacle?
Apr 21 2008 // The banking and securities industry is facing worldwide subprime mortgage-related losses, which knowledgeable sources – including the International Monetary Fund — now suggest could top $1 trillion, according to...
White Papers and Blueprints: Agents Chart Their Own Regulatory Future
Apr 21 2008 // Independent agents hold onto market share, prepare for post-November election politics Insurance Journal‘s Editor-in-Chief Andrea Wells interviewed Robert Rusbuldt, CEO and president of the Independent Insurance...
Survey: 1Q Commercial Lines Premiums Drop Most Since 2005
Apr 21 2008 // Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers. Undeterred by mounting claims from the meltdown of...
Premium Growth: Top 25 P/C Premium Gainers in 2007 Versus 2006
Apr 21 2008 // President Calvin Coolidge noted that “All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.” That being the situation, the following 25...
Texas Windstorm Pool Seeks to Increase Reinsurance Level for 2008
Apr 17 2008 // Citing increased exposure along the Texas coast, the Texas Windstorm Insurance Association has requested Commissioner of Insurance Mike Geeslin to authorize the purchase of $1.5 billion in reinsurance for the windstorm...
Final Call: Agent Survey on Wholesale Market
Apr 17 2008 // Why do retail agents and brokers choose a particular wholesale broker or managing general agency to work with over another? What’s more important to a retailer — service or price? Insurance Journal invites...
Aon Re Forecasts ‘Favorable Pricing’ for Mid-year Property Re Renewals
Apr 16 2008 // Pricing is projected to be favorable for traditional property catastrophe reinsurance programs when insurers seek mid-year renewals, according to an analysis conducted by Aon Re Global, a unit of the Aon...
Bermuda Monetary Authority Survey Shows Continued Growth
Apr 15 2008 // According to the latest available figures, released by the Bermuda Monetary Authority (BMA), the island’s “insurance market continues to maintain strong performance, against a backdrop of a soft global...
Louisiana Continued to Add Jobs in 3Q 2007, Report Says
Apr 15 2008 // The number of jobs in Louisiana rose during the third quarter of 2007 by 51,855 over the third quarter of 2006, according to the “Louisiana Employment and Wages – Third Quarter 2007” report released by...
Total Bank Insurance Revenue Up Slightly in 2007
Apr 15 2008 // The nation’s bank holding companies experienced a slight increase of 0.5 percent in their total insurance revenue from $43.5 billion in 2006 to $43.7 billion in 2007. Citigroup Inc. (N.Y.), Wells Fargo & Co....
Analysts See Increase in P/C Mergers Ahead; Rate Climate Change Top Issue
Apr 14 2008 // Insurance equity analysts expect a significant increase in property/ casualty mergers and acquisitions this year, according to findings of a global survey by Accenture. More than two-thirds (71 percent) of all P/C analysts...
S&P Rates Berkshire Hathaway Assurance ‘AAA’; Outlook Stable
Apr 14 2008 // Standard & Poor’s Ratings Services has assigned its ‘AAA’ financial strength and financial enhancement ratings to Berkshire Hathaway Assurance Corp. (BHAC). S&P also assigned its...
Marsh Survey Finds Corporate Captive Growth Despite Soft Market
Apr 11 2008 // Marsh’s London office has issued a new “global benchmarking report,” which examines the use of captive insurance companies by today’s global firms. The report -“Next Generation Captives...
Agent Survey: Views on Wholesale Market
Apr 11 2008 // Why do retail agents and brokers choose a particular wholesale broker or managing general agency to work with over another? What’s more important to a retailer — service or price? Insurance Journal invites...
