All the headlines from our Market Topic Page, ordered by recency.
Nov 23 2011 // A new updated report from insurance broker Lockton concludes that the “prolonged buyer’s market in the executive risks insurance market may be ending.”Lockton’s William Boeck, in the U.S. executive...
Nov 22 2011 // The professional liability insurance market will face challenges in 2012 with widespread concerns over pricing, a heightened awareness of the current regulatory environment and fast-emerging new risks for small businesses,...
Nov 22 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients.But they must also protect their book of business. They must protect their relationships. They must protect their...
Nov 21 2011 // Scott Kipper has returned to his role as Nevada’s insurance commissioner, and now that he’s back he says that fostering a business environment that helps insurance companies grow and brings new ones to the...
Nov 21 2011 // In today’s personal property/casualty insurance market, agents and brokers face increasing uncertainty. Staying the course is no longer an option to drive profitable growth. You must understand your performance...
Nov 21 2011 // The recent “Occupy Wall Street” movement highlighted the public’s discontent with giant financial institutions and the country’s growing income inequity between the rich and the poor.The protesters...
Nov 21 2011 // Is the world becoming a riskier place?”That was the question posed by Insurance Information Institute President and Chief Economist Robert Hartwig during his talk at the annual Professional Liability Underwriting...
Nov 18 2011 // Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a re-assessment of weather risks to industries in Asia, a senior official from global insurer Allianz...
Nov 17 2011 // On July 3, 2011, while returning to their home in Houston, Texas, from an annual family road trip to Colorado, the Berry family found themselves victims of a tragic, fatal car accident.The Berry family’s minivan,...
Nov 17 2011 // Large catastrophe losses and the prospect of poor investment returns are paving the way for much tougher market conditions for commercial property insurance buyers, according to a new reportThe new report — the Lockton...
Nov 16 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked.This “strongly suggests” that an eight-year period of...
Nov 16 2011 // China, the world’s largest auto market, is likely to open its mandatory auto insurance market to foreign companies next year, chairman of the Insurance Association of China said on Wednesday.The 200 billion yuan...
Nov 14 2011 // A new report from A.M. Best examines New Zealand’s non-life insurance market, which it describes as being “in a state of transformation as it grapples with prolonged earthquake activity in addition to...
Nov 9 2011 // LexisNexis Risk Solutions said it is selling its property/casualty insurance software business to a San Francisco-based private equity firm, Genstar Capital.The division being sold provides policy administration software...
Nov 9 2011 // Aon Risk Solutions, the risk management business of Aon Corp., has released the latest edition of its aviation data report –”Airline Insurance Market Indicators 2011/12,” which concludes that “as the...
Nov 7 2011 // Things are looking better for the nation’s property/casualty independent insurance agencies.Organic growth for these agencies improved somewhat last year and their profitability held constant across most of the six...
Nov 7 2011 // Westfield Insurance, headquartered in Westfield, Ohio, selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety leader responsibilities on Jan. 1, 2012, replacing Rick Kinnaird...
Nov 7 2011 // The property/casualty insurance sector that already does a lot of good work is interested in doing more and having even more of an impact, according to the lead author of a landmark report on the property/casualty...
Nov 7 2011 // A gathering in late October of people in the communications field in Santa Barbara, Calif. during the Insurance Information Network of California’s annual planning meeting highlighted what may be considered one of...
Nov 7 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients.But they must also protect their book of business. They must protect their relationships. They must protect their...