All the headlines from our Market Topic Page, ordered by recency.
Jul 18 2005 // Working With Your E&S Wholesaler: Be Nice You’ll Need Them Again!The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a...
Jul 18 2005 // The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current...
Jul 18 2005 // Asked what the world would be like if there were no federal terrorism insurance backstop, the Treasury Department simply shrugged.The loss of the current federal backstop, the Terrorism Risk Insurance Act, which expires at...
Jul 18 2005 // The “hard market” conditions have been gone now for a couple of years. So, usually during “soft market” conditions one expects a lot of competition from the standard markets. This, however, is not...
Jul 18 2005 // The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the industry. The so-called “standard”...
Jul 18 2005 // Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications...
Jul 18 2005 // The “hard market” conditions have been gone now for a couple of years. So, usually during “soft market” conditions one expects a lot of competition from the standard markets. This, however, is not...
Jul 18 2005 // The powerful House Committee on Financial Services could have a federal terrorism reinsurance proposal to consider next month although many politicians and observers are skeptical that Congress will actually replace or...
Jul 18 2005 // Bush Administration Policy Questions Need for Renewal of Federal BackstopAsked what the world would be like if there were no federal terrorism insurance backstop, the Treasury Department simply shrugged. The loss of the...
Jul 18 2005 // Frequent CE Classes Keep Agents InformedEfforts to provide first-quality education at its annual convention, insurance day programs and at regular errors and omissions education programs puts the Professional Independent...
Jul 18 2005 // Saying complimentary things about trial attorneys is not exactly the surest way to win friends in the insurance industry. Yet even in the heated debate over tort reform, it should be acceptable to acknowledge when the...
Jul 18 2005 // The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current...
Jul 18 2005 // Five or fewer insurers control at least three-quarters of the small-group insurance market. This lack of competition contributes to double-digit premium increases for many small businesses and forces an increase in the...
Jul 18 2005 // The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the industry. The so-called “standard”...
Jul 15 2005 // Jim Drawert, vice president and chief underwriting officer for The Republic Group, was presented the Raymond Mauk Leadership Award on July 14, at the Insurance Council of Texas’ 13th Annual Mid-Year Property and...
Jul 14 2005 // Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses.Powered by the best underwriting results in almost three decades,...
Jul 12 2005 // The insurance industry has come out on top but unfortunately it’s in a survey of about 10,000 respondents that looked at wasting time in the workplace.Data was gathered by America Online and Salary.com, where workers...
Jul 12 2005 // Research and Markets(http://www.researchandmarkets.com/reports/c20610) announced the addition of Irish IT Trends – Insurance Industry to their offering.This report provides an insight into the Irish insurance...
Jul 12 2005 // Chicago-based Fitch Ratings states that Hurricane Dennis is expected to represent a material loss to the insurance industry.Dennis came ashore on Sunday, July 10, at 3:25 p.m., on Santa Rosa Island, Fla., as a Category 3...
Jul 5 2005 // New York Senators Charles E. Schumer, D, and Sen. Hillary Rodham Clinton, D, have blasted the Treasury Department’s report, submitted to the Senate Banking Committee, which urged Congress not to renew the Terrorism...