All the headlines from our Market Topic Page, ordered by recency.
Oct 20 2005 // Commercial insurance premiums took a sharp downward turn in the third quarter, according to the RIMS Benchmark Survey, an industry survey of current policy renewal prices as reported by corporate risk managers.But some...
Oct 19 2005 // Mississippi Commissioner of Insurance George Dale reported that insurance companies have paid out approximately $1,266,828,689 billion in claims related to hurricanes in Mississippi so far. Approximately 319,959 claims...
Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin.After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
Oct 17 2005 // It wasn’t very long ago that ChoicePoint was in the news because the confidentiality of its customer database had been breached. Since then, other firms including Bank of America, Time Warner and Lexis-Nexis have...
Oct 17 2005 // Part 2: Spitzer Stresses Enforcement as Key to Fair CompetitionNew York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund...
Oct 17 2005 // Former California Insurance Commis-sioner Harry Low is singing the praises of John Garamendi, who is both Low’s successor and predecessor as overseer of the state’s insurance industry. In a way, Low’s...
Oct 17 2005 // New York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund and insurance industries. Now he is running for governor in New...
Oct 17 2005 // It wasn’t very long ago that ChoicePoint was in the news because the confidentiality of its customer database had been breached. Since then, other firms including Bank of America, Time Warner and Lexis-Nexis have...
Oct 17 2005 // In addition to natural disasters, health care coverage, federal oversight, uniformity and fraud were among issues of concern to the insurance commissioners of three states who comprised the Commis-sioners’ Panel at...
Oct 17 2005 // Hurricane Katrina and Rita, then the Marsh indictments, oh my. Those subjects have made front page recently, and with good reason. No one could have foretold their outcomes, yet all will potentially affect how the...
Oct 17 2005 // Former California Insurance Commis-sioner Harry Low is singing the praises of John Garamendi, who is both Low’s successor and predecessor as overseer of the state’s insurance industry. In a way, Low’s...
Oct 17 2005 // Hurricane Katrina is expected to result in $40 to $55 billion in private insurance payments, according to a new white paper developed by the Tillinghast and Reinsurance businesses of Towers Perrin. “Hurricane...
Oct 17 2005 // NAPSLO 2005 ANNUAL CONVENTION:With more than 3,200 people in attendance, the National Association of Professional Surplus Lines Offices’ annual convention convened in San Francisco, Calif., last month to address the...
Oct 17 2005 // Pulling Together” was the overall theme of the United Kingdom’s Chartered Insurance Institute’s Annual Conference, which concluded Sept. 23 in London. However, the “Three Re’s” took an...
Oct 14 2005 // Royal & Sun Alliance Insurance Group PLC announced the acquisition of Chile’s leading general insurance business Compañia de Seguros Generales Cruz del Sur S.A. and its Argentinean sister company La...
Oct 11 2005 // Standard & Poor’s Ratings Services has published its quarterly analysis of the leading European insurers, entitled “Industry Report Card: European Insurance.” S&P found that positive trends in...
Oct 6 2005 // Hurricane Katrina is expected to result in $40 to $55 billion in private insurance payments, according to a new white paper developed by the Tillinghast and Reinsurance businesses of Towers Perrin. Hurricane Katrina:...
Oct 5 2005 // In anticipation of the Oct. 7, National Symposium on the Future of Terrorism Risk Insurance, Aon said Wednesday that the private insurance market cannot operate without some form of public backstop against catastrophic...
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...