All the headlines from our Market Topic Page, ordered by recency.
Feb 27 2013 // An insurance industry association testified about insurers’ response to Superstorm Sandy and the lessons learned at a hearing Tuesday before the New York Assembly Standing Committee on Insurance.The American...
Feb 26 2013 // Floridians would face about $7.19 billion in post-hurricane taxes to make up the funding shortfalls of state-run Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund should even a 1-in-50-year storm...
Feb 26 2013 // Texas Insurance Commissioner Eleanor Kitzman could have trouble winning Senate confirmation to keep her job, as Democrats with enough votes to defeat her nomination question her credentials.Kitzman was appointed by Texas...
Feb 25 2013 // Managing sales in an independent agency is a team sport. From top level managers to office and support staff – every person in an agency has a role to play in helping the agency win the sales game.When one person fails...
Feb 22 2013 // Without a single headline referring to a hardening property/casualty insurance market, Wells Media Group has launched a new website—CarrierManagement.com—a business management publication focusing on the needs of...
Feb 13 2013 // The Insurance Council of Texas (ICT) announced it is seeking nominations for the Raymond Mauk Leadership Award, the Council’s highest honor. The award will be presented on July 18, at the annual Mid-Year Property and...
Feb 13 2013 // London-based Xchanging, the business process, procurement and technology services provider and integrator, announced the launch of its mobile application for the insurance market. Called X-presso, the new app “allows...
Feb 11 2013 // Rates for commercial lines insurance will continue to rise in 2013, thanks to above average losses, low investment returns and receding reserve releases. However, according to a report by Marsh, traditional signs of a...
Feb 11 2013 // Visions of robotic self-driving cars may appear like something from a George Lucas film but in June 2011, this vision took a giant leap toward becoming reality when Nevada became the first state to enact legislation that...
Feb 7 2013 // At least one industry analyst says that good risk management is protecting insurers as they face a new normal level of catastrophe losses. Other experts believe luck is playing a bigger role than skill.Speaking at the...
Feb 4 2013 // “A growing number of syndicates are using Lloyd’s platform by placing their own underwriters in China,” says an article on the Lloyd’s website. “This, along with a license granted in 2012 to...
Feb 1 2013 // Insurance experts who make their living predicting and paying losses overwhelmingly believe that the Baltimore Ravens are headed for a loss in Sunday’s Super Bowl XLVII (47 for those who never learned Roman...
Jan 31 2013 // It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard...
Jan 30 2013 // Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases.However, according to a new report published by Marsh, traditional...
Jan 30 2013 // The Insurance Industry Charitable Foundation (IICF) Texas-Southeast division is hosting a black tie benefit gala, Lone Star Legends, at the Hilton Anatole – Chantilly Ballroom, in Dallas, on Feb. 21.The keynote speaker...
Jan 28 2013 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” of New York-based American International Group, Inc. (AIG), as well as the financial strength rating (FSR) of ‘A’ (Excellent) and...
Jan 28 2013 // While a rating agency analyst contends that good risk management is protecting insurers as they face a new normal level of catastrophe losses, other experts believe luck is playing a bigger role than skill.Speaking at the...
Jan 28 2013 // For as long as the insurance industry has been around, the excess and surplus (E&S) lines marketplace has served a vital role in writing difficult-to-place, specialty business for which admitted markets don’t...
Jan 28 2013 // In his “State of the State” address in mid-January, Michigan Gov. Rick Synder recognized the importance of the insurance industry in the state, calling for the creation of a new insurance department and...
Jan 24 2013 // A group of insurance trade organizations – American Council of Life Insurers (ACLI), American Insurance Association (AIA), Association of Bermuda Insurers & Reinsurers (ABIR), General Insurance Association of...