All the headlines from our Market Topic Page, ordered by recency.
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...
Aug 28 2009 // The insurance industry is a key player in Ohio’s economy, according to the Ohio Insurance Institute (OII). With 261 insurance companies located there, Ohio is a top state for industry employment with close to a $6...
Aug 26 2009 // Transportation insurance rate decreases seem to be moderating and are down on average between 1 percent to 10 percent, according to a recent industry survey on availability and rate trends in the transportation insurance...
Aug 25 2009 // Most consumers of auto and homeowners insurance seem to be happy with their insurers, says a new indsutry study.A new public opinion study by the Insurance Research Council (IRC) reported that 91 percent of respondents...
Aug 19 2009 // Michigan insurance companies say that so-called “bad faith” bills approved by the House Insurance Committee today are unnecessary and will open the floodgates for lawsuits against them, eventually costing...
Aug 18 2009 // NYMAGIC appointed Tim McAndrew and Ed Skoch to senior executive positions within its Mutual Marine Office Inc. subsidiary. McAndrew has been appointed executive vice president and chief underwriting officer – Ocean...
Aug 17 2009 // Golf is often the sport of choice when insurance groups pick an activity for their charity fundraiser. But the insurance industry in San Diego has found it can strike up just as much fun with bowling. The San Diego...
Aug 11 2009 // The debate over reforming the U.S. health care system has zeroed in on one main target: insurance companies.Democrats and the Obama administration plan to spend August battling to win popular support to expand health care...
Aug 6 2009 // Beacon Marketing, Inc. – “Helping to guide your prospecting needs to new destinations”Beacon is coming up on their 2nd year with helping agents across the country write new business and they have been...
Aug 5 2009 // Skepticism over the financial condition of insurance companies is healthy and financially strong insurers stand to gain over weaker competitors in today’s market, an executive for a major property/casualty insurer...
Aug 4 2009 // Kentucky National Insurance Co., a Lexington-based property/ casualty insurance company, began offering insurance to customers in Tennessee June 1, 2009. Kentucky National is offering auto, homeowners, boat, renters,...
Aug 3 2009 // Al Diamond is one of the country’s best known agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, New Jersey. He deals with agencies across the country on issues ranging...
Aug 3 2009 // Al Diamond is one of the country’s best known and respected agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, N.J. He deals with agencies across the country on issues...
Jul 31 2009 // Toronto-based Fairfax Financial Holdings Ltd said Friday it expects the insurance market to turn a corner this year and believes its book value will be “up significantly” in five years. Speaking during a...
Jul 27 2009 // The UK’s Insurance Industry Working Group (IIWG) has published its report into the medium and long-term challenges facing the country’s insurance industry.The group was commissioned in October 2008 to look into...
Jul 27 2009 // St. Johns Insurance Co., a Florida domiciled property and casualty insurer, has expanded its presence into the South Carolina homeowner insurance market. Insuring more than 200,000 policyholders in Florida, St. Johns...
Jul 23 2009 // Insurance premiums and claims for doctors both have dropped significantly in recent years, while the medical malpractice insurance industry is enjoying “remarkable profits” in light of the global economic...
Jul 20 2009 // Results for the property/casualty industry over the next few years will be driven by the 2009 recession, mixed insurance premium pricing momentum, and modestly deteriorating underwriting results, according to a new...