All the headlines from our Market Topic Page, ordered by recency.
May 8 2008 // Young agents today face a number of challenges, including the soft market, a downturn in the economy and learning the skills necessary to become a profitable and successful agent, while the industry continues to struggle...
May 7 2008 // Insurance Journal readers were reminded by our recent coverage on how agents are faring in the recession that the effects of the economic downturn vary by agency and region. Some agencies and customers are feeling the...
May 6 2008 // An Oklahoma lawmaker who has blocked legislation that would require health insurers to cover a variety of medical procedures and conditions has accepted thousands of dollars in donations from individuals or political...
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete.Ryan founded Aon, which has...
May 5 2008 // A nationwide consumer study of automobile insurance regulation says rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state in the past two...
May 5 2008 // Editor’s Note: The following is part one of a discussion of the risk retention options available to MGAs, the sundry variables which may affect their execution, and the means and modes of analysis available.The...
May 5 2008 // Insurance equity analysts expect a significant increase in property/casualty mergers and acquisitions this year, according to findings of a global survey by Accenture.More than two-thirds (71 percent) of all P/C analysts...
May 5 2008 // Charlotte, N.C.-based wholesale insurance broker AmWINS Group, Inc. has named James Drinkwater president of its AmWINS Brokerage division. Drinkwater will be responsible for the day-to-day management of the division.Prior...
Apr 24 2008 // Marsh, Berry & Company Inc. has released an overview of the state of the insurance distribution system for 2008 and beyond. This research report documents historical and projected insurance agency/broker value, merger...
Apr 23 2008 // The National Association of Professional Surplus Lines Offices has launched a new online job center to help students and young professionals find employment opportunities in the surplus lines insurance...
Apr 22 2008 // Southeast insurance agents do not all agree the economy is in a recession or on the causes of the slumping economy, but they do agree the dominoes are in place that could trigger a serious economic chain reaction.Roger...
Apr 22 2008 // Insurance agents across New England and the Mid-Atlantic are worried about how their customers and they will fare as the region’s economy continues to slow.“An agent’s business is a direct reflection of...
Apr 22 2008 // Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market.The soft market coinciding with a bad economy is a real challenge for...
Apr 22 2008 // When it comes to dealing with a recession, independent agents in Michigan carry the dubious distinction of having more experience than their counterparts in other Midwestern states. Michigan has been knee deep in a...
Apr 22 2008 // Whether the nation is in a true recession may still be up for debate, but it’s difficult to ignore the signs of economic slowdown throughout the West — and its effect on the insurance industry. New home...
Apr 21 2008 // We were reminded in our last issue’s stories on how agents are faring in the recession that the effects of the economic downturn vary by agency and region. Some agencies and customer are feeling the slowdown more...
Apr 21 2008 // We were reminded in our last issue’s stories on how agents are faring in the recession that the effects of the economic downturn vary by agency and region. Some agencies and customer are feeling the slowdown more...
Apr 21 2008 // PeopleMichigan-based J.M. Wilson recently announced three new staff members, Danielle Crandell, Eric Maus and Jeanne Callan. Crandell was hired as a transportation underwriter. She will service commercial trucking accounts...
Apr 21 2008 // The banking and securities industry is facing worldwide subprime mortgage-related losses which knowledgeable sources – including the International Monetary Fund — now suggest could top $1 trillion, according to...
Apr 21 2008 // The need for agricultural insurance is growing like a weed. “This is the greatest time we’ve had in our business,” said Christopher Leliaert, vice president at Towers-Perrin Reinsurance, in his assessment...