All the headlines from our Market Topic Page, ordered by recency.
Apr 15 2004 // The ratings outlook for the global reinsurance market remains negative, despite an expectation that the market’s 2003 reported financial year-end results will return it to overall underwriting profitability for the...
Apr 15 2004 // The private insurance industry for workers’ compensation would not have enough capital to withstand potential losses on its own should a catastrophic terrorism event, or multiple events, occur, according to the...
Apr 8 2004 // IVANS, Inc., a provider of networking and customer care solutions to the insurance industry, announced the appointment of Clare DeNicola as the firm’s president and chief executive officer at its annual meeting in...
Apr 7 2004 // Increasingly, life and health insurers are underwriting man-made catastrophic risks involving deaths and disabilities resulting from terrorists making use of nuclear, biological and chemical weapons, according to the...
Apr 7 2004 // A father and son have pleaded guilty to diverting thousands of dollars in premiums from a South Florida insurance agency.John Pascale, former owner of AAA Turnpike Insurance Agency, pleaded guilty to one count each of...
Apr 6 2004 // Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, announced the release of an in-depth study of potential costs to the U.S. insurance industry from a recurrence of...
Apr 5 2004 // To regulate more or less? That was the question posed to the public by the people at the Harris Poll.Health insurance, managed care, pharmaceuticals and the oil industry top the list of industries the public feels need...
Apr 5 2004 // States show signs of stability, but problem areas remainDespite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Apr 5 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas recently for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...
Apr 5 2004 // The Insurance Brokers and Agents of the West (IBA West) and Insurance Skills Center sponsored the 17th Annual Agribusiness Conference held March 17 and 18 in Sacramento. The nation’s largest agricultural conference...
Apr 5 2004 // Writing surety bonds is a niche that perfectly illustrates why specialization is so important in the insurance industry. Bond underwriters need to exercise the utmost caution when issuing bonds, and they need to make sure...
Apr 5 2004 // Founded five years ago to address the specific needs of the Hispanic insurance community in California, the Latin American Agents Association (LAAA) is well known for its popular monthly meetings and entertaining annual...
Apr 1 2004 // Albert R. Counselman, a past chairman of the Council of Insurance Agents & Brokers, told a House subcommittee that Congress needs to take action to remove the burden of multiple state regulatory requirements on...
Mar 24 2004 // A bulletin from the Property Casualty Insurers Association of America praised New Jersey Gov. James McGreevey’s announcement Monday of three new automobile insurance reforms.The recently adopted measures will...
Mar 24 2004 // Sapiens International Corporation N.V., a global provider of insurance business solutions, announced the appointment of Steven Bessellieu as President of Sapiens Americas and as a member of Sapiens International...
Mar 22 2004 // Two years later, fate of the historic act remains unknownIf a camel is a “horse made by a committee” then the Terrorism Risk Insurance Act (TRIA), passed by Congress in November 2002, is a law made by several...
Mar 17 2004 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Sun Hung Kai Properties Insurance Limited (SHKPI) (Hong Kong). The outlook is stable.The rating reflects SHKPI’s satisfactory...
Mar 17 2004 // The AARP Texas and Texas Watch announced a new statewide campaign to pass true homeowners insurance reforms and eliminate unjustified rate hikes.Together, the organizations represent over two million Texans. The...
Mar 10 2004 // Commercial insurance buyers experienced a turbulent past year as the hard market reached its peak and then began its current softening trend, according to the annual market survey from the Risk and Insurance Management...
Mar 8 2004 // As Costello famously asked Abbott, “Who’s on first?”A new report released by leading independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent...