All the headlines from our Market Topic Page, ordered by recency.
May 7 2007 // Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the...
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
May 7 2007 // Key subcommittee chairman favors six to eight-year terrorism insurance extensionInsurance industry pushes for longer period with some in favor of 20 years or more In his opening statement as chair of a U.S. House of...
May 7 2007 // Recent mega-catastrophes such as Hurricane Katrina in the Gulf Coast have brought increased attention to the issue of global climate change and its impact on the insurance industry. Even so, most insurers have just begun...
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from stormsWarns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
May 4 2007 // Connecticut’s venerable insurance industry was celebrated at the state Capitol this week, though its lackluster job growth also was noted.“The industry is as significant a part of Connecticut as it has been in...
May 3 2007 // NEW YORK – Mystic Capital Advisors Group, LLC – a leading financial consulting firm – announced today an exclusive association with Harbor Capital Advisors, Inc, a nationally recognized investment banking...
May 2 2007 // The commercial insurance industry continued to experience an overall decline in total cost of risk in 2006 despite coastal property premium hikes, according to the 2006 Annual Benchmark Survey book from the Risk and...
May 2 2007 // A bruising battle between insurance companies and trial lawyers in Minnesota over a one-page bill that would expand the rights of people to sue insurers continues to provoke heated debates.The legislation would make...
Apr 23 2007 // Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this month in Washington for a national catastrophe fund to help stabilize an insurance industry that some say has gone...
Apr 23 2007 // Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel.In this newly created role, Wall will assist in overseeing the company’s...
Apr 23 2007 // Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual...
Apr 23 2007 // A consumer coalition released a report that disputes insurers’ contention that the most recent medical malpractice insurance crisis for doctors was caused by rising costs.The study, Stable Losses/Unstable Rates 2007,...
Apr 23 2007 // DeclarationsPolicy talk “The law holds insurance agents to accurately representing policy provisions and honestly answering consumer questions. Agents who are not trained to act with complete honesty and integrity in...
Apr 23 2007 // Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the...
Apr 23 2007 // Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this month in Washington for a national catastrophe fund to help stabilize an insurance industry that some say has gone...
Apr 20 2007 // The UK-based Aviva Group has announced expansion plans for the Russian market, aimed at achieving “a top five position within five years.”A year ago it launched Aviva Russia, which the bulletin indicated,...
Apr 18 2007 // Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year.The U.S. property/casualty...
Apr 13 2007 // Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this week in Washington for a national catastrophe fund to help stabilize an insurance industry that they say has gone...
Apr 12 2007 // Arkansas Insurance Commissioner Julie Benafield Bowman testified before the United States Senate Committee on Commerce, Science and Transportation on April 11 on the overall state of the property/casualty insurance market...