All the headlines from our Market Topic Page, ordered by recency.
Oct 5 2009 // London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The...
Oct 2 2009 // Congress got a look yesterday at a draft of legislation to create a federal insurance office that would work on international insurance issues as well as monitor the insurance industry and insurers for anything that might...
Oct 1 2009 // The bad news is that overall organic growth for independent insurance agencies is down.The good news is that there continues to be growth in two areas: personal lines and group product sales. The Independent Insurance...
Oct 1 2009 // Insurance markets are in a relative state of calm and commercial insurance buyers are benefitting from generally stable pricing, global insurance broker Lockton says in a new report.In its overview, Lockton reports that...
Sep 30 2009 // By networking existing databases and adding secure reporting and analytic functions, two insurance industry organization hope to create a nationwide information sharing system on cargo crimes.The rating and statistical...
Sep 29 2009 // The Dublin International Insurance & Management Association (DIMA), the representative body for the international re/insurance industry in Ireland, has announced “another record year of premium income...
Sep 28 2009 // Private U.S. property/casualty insurers’ net income after taxes fell 59.3 percent to $5.8 billion in first-half 2009 from $14.1 billion in first-half 2008. Insurers’ overall profitability as measured by their...
Sep 24 2009 // SAN DIEGO – The Insurance Brokers & Agents of San Diego along with the Insurance Industry Charitable Foundation of San Diego will be hosting a lunch discussion on October 7, 2009 with guest speaker Linda Smith,...
Sep 23 2009 // Insurance executives see their companies performing above general market expectations in 2010, but their outlook on the industry’s ability to generate underwriting profit in the next one to three years remains...
Sep 21 2009 // Every insurance professional knows that our industry is built around relationships. Through rapidly developing Internet innovations, there are now entirely new ways for insurance professionals to build business contacts....
Sep 21 2009 // The world’s reinsurers gathered in Monte Carlo over the first weekend in September for their annual conclave. This year’s meetings were calm by comparison with prior years — no hurricanes ravaging...
Sep 18 2009 // Legislative and regulatory activity affecting the insurance industry has increased considerably in 2009 compared to the previous two years, according to a new report.From January to July 2009, more than 10,000 pieces of...
Sep 18 2009 // Senate Judiciary Committee Chairman Patrick Leahy, D-Vt. has introduced legislation to eliminate a federal antitrust exemption for health insurance and medical malpractice insurance companies.As the Senate prepares to...
Sep 16 2009 // The Association of British Insurers (ABI) has issued a bulletin calling for reform of the UK’s tax system in order for the country to remain competitive with lower cost domiciles. Citing a recently completed study,...
Sep 16 2009 // The following announcment was released by the office of Senate Finance Committee Chairman Max Baucus (D,Mont.).Senate Finance Committee Chairman Max Baucus (D,Mont.) today introduced the America’s Healthy Future Act,...
Sep 16 2009 // Chairman’s Mark America’s Healthy Future Act of 2009 Scheduled for Markup By the Senate Committee on Finance On September 22, 2009 America’s Healthy Future Act of 2009 TITLE I—HEALTH CARE...
Sep 14 2009 // LOS ANGELES – City of Hope’s National Insurance Industry Council (NIIC) will honor James L. Weidner, chief executive officer of Cooperative of American Physicians Inc. (CAP), with The Spirit of Life®...
Sep 7 2009 // ProMutual ProMutual Group has promoted José R. “Joe” Zorola to vice president of underwriting. Zorola previously served as director of underwriting for the Boston-based medical liability insurer. In this new...
Sep 7 2009 // A poor economy, natural catastrophes and an extended soft market have all combined to nip growth in the excess and surplus lines (E&S) insurance market over the last year.Although there are a few bright spots at the...
Sep 4 2009 // The insurance industry will see a pickup in mergers & acquisitions (M&A) activity in 2010, according to Tony Ursano, CEO of Willis Capital Markets & Advisory, a unit of Willis Group Holdings.Ursano made his...