All the headlines from our Market Topic Page, ordered by recency.
Sep 24 2007 // Two years have passed since America’s most shocking wake-up call regarding the devastation that follows the force and fury of Mother Nature. Since that time, a variety of legislative proposals have been offered at...
Sep 24 2007 // Reports show that the typical taxpaying American family paid more than $800 to cover costs associated with Hurricane Katrina. That is an enormous nationwide catastrophe tax.Two years have passed since America’s most...
Sep 24 2007 // Insurance executives expect to see a significant increase in mergers and acquisitions in the next 12 months, according to a survey conducted by KMPG LLP. In the next one to three years, most respondents believe the...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
Sep 24 2007 // The insurance industry has witnessed a reduction in the number of markets, agents and brokers, and overall industry personnel in the past 10 years. Meanwhile, many markets continue to soften, competition has increased with...
Sep 24 2007 // If terrorism presents some “uncertain” aspects, the subprime lending crisis does so in spades. Financial markets react negatively to uncertainty more than anything else, as no one knows what may happen. Why has...
Sep 20 2007 // A major hurricane making landfall in Massachusetts could cause billions of dollars worth of property damage while also severely straining the resources of the state’s residual homeowners’ insurance market, the...
Sep 20 2007 // Insurance industry lobbyists are confident there is enough backing in Congress for renewal of the federal terrorism reinsurance program and enough support to override a threatened presidential veto if necessary.The current...
Sep 19 2007 // A.M. Best has just released a study of the Canadian insurance market, which found that the country’s P/C insurers enjoyed “another solid year,” from profitable underwriting aided by investment income and...
Sep 18 2007 // The Bush Administration believes that the federal backup for terrorism reinsurance should be phased out in favor of a private market for terrorism insurance and “strongly opposes efforts to expand the federal...
Sep 13 2007 // Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential...
Sep 11 2007 // Aon Re Global announced from the Reinsurance Rendezvous in Monte Carlo that it has released its sixth annual Reinsurance Market Update.Among the highlights included in the publication, Aon cited the following: —...
Sep 11 2007 // The Baldacci administration is anticipating heightened competition in Maine’s health insurance market as Harvard Pilgrim Health Care becomes the state’s partner in administering Dirigo policies, saying...
Sep 10 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of Germany’s Munich Reinsurance Company and its rated...
Sep 6 2007 // Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes...
Sep 6 2007 // Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market as been greeted with a lukewarm insurance industry reaction at best and outright opposition from...
Sep 5 2007 // Two years after hurricanes Katrina and Rita, the insurance market in Louisiana may have hit bottom and could be ready for a rebound as levees are strengthened and the state undertakes regulatory changes, the state’s...
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Sep 3 2007 // A leading national independent agency leader urged Southern governors to use their “bully pulpits” to bring together the leaders in the insurance industry to ease the region’s coastal insurance...