All the headlines from our Market Topic Page, ordered by recency.
Apr 20 2020 // I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.”That’s Richard Levick...
Apr 20 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance.Some good guesses from any insurance professional with their foot in the door of a dispensary,...
Apr 17 2020 // A note from Julie Tinney: This iJam blog post was supposed to be very different when we originally planned it. But right now, coming together as an industry seems more important than the marketing-focused content I’d...
Apr 17 2020 // Allianz SE Chief Executive Officer Oliver Baete warned the coronavirus has upended insurers’ business models and will cause “massive” losses across the industry.The virus has forced closures across the...
Apr 16 2020 // Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some uncovered business-interruption losses.“The insurance industry is a fundamental part of the...
Apr 15 2020 // New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that...
Apr 14 2020 // President Donald Trump has staked out his position in a legal battle over business-interruption claims: Unless the policy excludes pandemics, insurers should pay.Trump spoke about the issue for a minute and a half during...
Apr 13 2020 // “I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.”That’s Richard...
Apr 9 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance.Some good guesses from any insurance professional with their foot in the door of a dispensary,...
Apr 7 2020 // Financial deals in the U.S. insurance industry dropped off 8% during February 2020 compared with the last 12-month average.According to GlobalData’s deals database, a total of 46 deals worth $3.27 billion were...
Apr 7 2020 // Insurance industry veteran Kevin P. Brooks passed away on April 3, 2020, due to complications of COVID-19.Brooks had a long and successful career in the insurance industry, focusing on wholesale, specialty and surplus...
Mar 31 2020 // The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and stay-at-home measures...
Mar 31 2020 // Massachusetts is one of the latest states to propose legislation that would mandate insurers cover COVID-19 related business interruption claims despite virus exclusions in many policies.This comes as Insurance Journal...
Mar 30 2020 // The property/casualty industry estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be between $220-$383 billion per month — or a quarter to half of the total...
Mar 30 2020 // Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them.Working at home due to the coronavirus lockdown, they...
Mar 30 2020 // While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that it says most policies were never intended to cover, some individual insurers are finding small...
Mar 27 2020 // Regulators in North Carolina and Georgia are clarifying that insurance is considered an essential business as states move to limit what industries remain open during the current coronavirus outbreak.On March 24, North...
Mar 23 2020 // The New Hampshire Insurance Department has announced that Chris Nicolopoulos was confirmed by the New Hampshire Executive Council as insurance commissioner succeeding John Elias, who resigned in December less than two...
Mar 23 2020 // A financial market that’s in correction territory, coronavirus pandemic fears and an insurance industry hard market for the first time in years. Are these issues related or becoming more so? What’s an insured...
Mar 20 2020 // While legislators in Washington and states try to fashion financial relief for businesses interrupted by the public health actions related to coronavirus, outside pressure is mounting on private property/casualty...