All the headlines from our Market Topic Page, ordered by recency.
Jan 25 2021 // Upland Capital Group (Upland), a Dallas-based specialty insurance business led by long-time insurance and investment executives has opened for business.Upland is funded through an equity investment of up to $200 million...
Jan 25 2021 // AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private...
Jan 20 2021 // Florida’s property insurance market is “spiraling towards collapse” and requires immediate attention if there is any chance of protecting the market, consumers, and ultimately, the state’s economy,...
Jan 20 2021 // The Tennessee Department of Commerce & Insurance (TDCI) has located and returned more than $22.8 million to Tennesseans in combinedlife insurance benefits/annuities and monies through its mediation efforts in...
Jan 19 2021 // AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private...
Jan 15 2021 // The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial injustice and inequities across the country. Individuals and businesses responded by vowing to...
Jan 11 2021 // Self-Leadership: Tips for Navigating the QuarantineJan 8 Society of Insurance Trainers & Educatorshttps://us02web.zoom.us/webinar/register/WN_P-BeAjpuRLeuTUiVu0-S1g [inline-ad-1] 2021 Gamma Iota Sigma Regional...
Dec 22 2020 // A new group for senior claims managers in the London insurance market has been established by the International Underwriting Association (IUA).The Claims Strategy Committee will oversee and coordinate all claims-related...
Dec 21 2020 // A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials...
Dec 21 2020 // Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance...
Dec 11 2020 // LONDON – A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry...
Nov 24 2020 // Metromile Inc., the pay-per-mile auto insurer, has reached a deal to go public by merging with Insu Acquisition Corp. II (Insu II), a special purpose acquisition company (SPAC).The merger will result in Metromile becoming...
Nov 19 2020 // When Jerald Tillman and Mike James started their careers more than 20 years ago, working in the U.S. insurance industry was not on their radar, but programs to attract Blacks and other minorities brought them into the...
Nov 18 2020 // After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based insurer Southern Fidelity Insurance Co. (SFIC) and its affiliated entities have ceded a...
Nov 17 2020 // As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently...
Nov 16 2020 // Affiliating with The Institutes provides an opportunity for the industry’s Insurance Information Institute (III) to become more of a 21st Century trade association, rather than one suited for the 1950s, according to...
Nov 16 2020 // Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner.The Associated Press reported Wednesday...
Nov 16 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...
Nov 13 2020 // Diverse California businesses supplied $2.1 billion in goods and services to insurance companies last year, a 16.7% increase since 2018.That’s according to the latest California Insurance Diversity Survey results...
Nov 12 2020 // While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in the process of increasing property insurance rates when the pandemic hit, the timing may...