All the headlines from our Market Topic Page, ordered by recency.
Aug 26 2008 // Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007, despite the softening market and more aggressive competition. Heightened competition along...
Aug 26 2008 // With hurricane season halfway over for 2008, Louisiana has so far dodged the bullet but Texas has taken on two warning shots with Hurricane Dolly and Tropical Storm Edouard. As hurricanes and tropical storms go, neither...
Aug 22 2008 // The Derek Hughes/ National Association of Professional Surplus Lines Offices Ltd. Educational Foundation scholarships went to two University of Alabama student.Recipient Aldrich Callins of Birmingham, Ala. has attended...
Aug 22 2008 // The Insurance Industry Charitable Foundation based in Walnut Creek, Calif., has awarded its 2008 charitable grants to outstanding nonprofit agencies in California.The following organizations received recognition and...
Aug 21 2008 // DeclarationsMass. Expansion – Vermont Mutual CEO Thomas Tierney, commenting on his company’s decision to enter the Massachusetts personal auto insurance market. It is the second company this month – along...
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options.In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions...
Aug 21 2008 // In Japan, agencies write 93 percent of P/C insurance.The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of Finrex...
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options.In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions...
Aug 21 2008 // People think and act differently when they’re owners. They take moreability to shape the outcome of the company. Privately-owned companies can be morenimble in the marketplace, and this is very important...
Aug 21 2008 // DeclarationsBundled Buying “Buyers who use insurance agents are also more likely to purchase bundled auto and homeowner insurance policies. … Despite this trend, insurance providers are steadily enhancing their...
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options.The savvy wholesale broker keeps tabs on which surplus lines insurers have the appropriate capacity for In the midst...
Aug 21 2008 // The financial condition of the property/casualty industry is strong, and should be able to withstand the current price deterioration, according to a new industry study.“The outlook for the next three years –...
Aug 21 2008 // From Novelty to Necessity: Bermuda’s Insurance Market 2008Bermuda’s insurance industry has grown steadily since it began 50 years ago. It is now a mature market, and, in certain sectors – natural...
Aug 21 2008 // Stock Prices: The soft market continues to have an effect on insurers’ stock prices. With the inability of insurers to grow in the current market, commercial insurers’ stocks are still falling, down 18 percent...
Aug 21 2008 // The financial condition of the property/casualty industry is strong, and should be able to withstand the current price deterioration, according to a new industry study. “The outlook for the next three years –...
Aug 20 2008 // TNC Management Group, the strategy, project management, and analytics consulting firm focused on the insurance industry, recently announced the opening of its Chicago office and the hiring of Aamer Mumtaz as director of...
Aug 19 2008 // Looking into the future of the insurance industry, Julie Davis, executive vice president for Aon Corp. said there are internal challenges to climbing the corporate ladder with an innovative mindset.Speaking at a recent...
Aug 18 2008 // The U.S. insurance industry’s exposure to securities issued by Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that aid liquidity in the mortgage market, is substantial for a handful of...
Aug 14 2008 // The Insurance Industry Charitable Foundation is hosting its Insuring the Children Golf Tournament on Oct. 27, 2008, at the Santa Ana, Calif., Country Club. Proceeds from the event benefit the Foundation’s Insuring...
Aug 12 2008 // For over 16 years, MGA’s and Carriers have trusted QualCorp for their Rating and Policy Issuance Software.Their flagship product – FormsPlus – automates all lines of business for both admitted and...