All the headlines from our Market Topic Page, ordered by recency.
Jan 18 2013 // The federal backstop that is widely credited with establishing today’s robust terrorism insurance market may be gone in just 24 months. The consequences could be severe, from reduced availability of coverage to...
Jan 17 2013 // Michigan Gov. Rick Synder has proposed the creation of a new Department of Insurance and Financial Services.Snyder, who is beginning his third year as governor, said the new department will “emphasize consumer...
Jan 17 2013 // Leaders of the property/casualty insurance industry believe Washington’s ongoing budget fracas will have a negative impact on the U.S. economy, according to a survey conducted by the Insurance Information Institute...
Jan 16 2013 // While tornadoes and hailstorms were pounding their way through the Dallas/Fort Worth area last year, consumers had confidence that their insurance companies would be there to help with repairs to their cars, homes and...
Jan 14 2013 // P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa, Rancho...
Jan 14 2013 // The federal backstop that is widely credited with establishing today’s robust terrorism insurance market may be gone in just 24 months. The consequences could be severe, from reduced availability of coverage to...
Jan 14 2013 // One needs to understand and exploit current and future trends in order to be proactive. It is easy to predicate trends by understanding recurring cycles and applying that knowledge to the current insurance marketplace.So...
Jan 14 2013 // The direct premium growth for property/casualty insurance companies continues to be encouraging. Overall, P/C insurance companies continued to serve their clients during catastrophic events, difficult economic conditions...
Jan 11 2013 // Although analysts following the property/casualty insurance industry expect underwriting results for 2012 to be better than 2011 when full-year numbers are tallied, double-digit overall returns-on-equity are still not...
Jan 9 2013 // Thomas F. Motamed, chairman and chief executive officer of CNA Financial Corp., will act as chairman of the Insurance Industry Charitable Foundation (IICF) – Midwest’s 2nd Annual Blazing the Trail Benefit Dinner,...
Jan 2 2013 // The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber...
Jan 2 2013 // In Chinese astrology, the year 2012 was the Year of the Dragon, a symbol of unpredictability and uncertainty. The dragon represents mystery because its head and tail cannot be seen at the same time, according to Chinese...
Dec 31 2012 // There is a strain of thinking that says generalists can adapt and survive in most environments whereas specialists are more at the mercy of their environment.That may be the case for some species but it’s...
Dec 28 2012 // Before Hurricane Sandy hit, private U.S. property/casualty insurers’ net income after taxes grew to $27 billion in nine-months 2012 from $8.4 billion in nine-months 2011.Insurers’ overall profitability as...
Dec 28 2012 // A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs...
Dec 28 2012 // While 2012 wasn’t as tumultuous as 2011, it had its share of insurance shaking trends and events. Here in roughly chronological order are some of them:1) The costs of the flooding in Thailand in 2011, wasn’t...
Dec 21 2012 // Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York.Work by 1960s graphic artist and...
Dec 17 2012 // The insurance industry job outlook for 2013 looks good. Hiring appears to be steady, with 54.5 percent of companies saying they intend to increase staff, and 77.4 percent expect to grow revenue in the next year, a survey...
Dec 17 2012 // New entrants into the insurance industry are often triggered by the market showing signs of hardening. After all, these “newbies” have a better chance of securing a healthy rate by not having to pay for...
Dec 17 2012 // Although analysts following the property/casualty insurance industry expect underwriting results for 2012 to be better than 2011 when full-year numbers are tallied, double-digit overall returns-on-equity are still not...