All the headlines from our Market Topic Page, ordered by recency.
Oct 28 2002 // As I am writing this, President Bush is pushing Congress to consider the insurance terrorism bill that has been floating around Congress for months. When asked recently to describe what measures should be taken in order to...
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless commentators were almost unanimous in predicting that the market would harden,...
Oct 28 2002 // Recently, the White House unveiled the National Plan to Secure Cyberspace, an initiative urging insurers and companies to assess and manage exposures to cyber risk. Among other things, the plan calls for developing new...
Oct 25 2002 // Swiss Re announced that it has issued a new “Focus” report at the Baden-Baden reinsurance meetings urging the world’s reinsurers to “get-back-to-basics” in their approach to natural...
Oct 18 2002 // A fourth safety workshop conducted by the National Association of Independent Insurers (NAII) and the U.S. Occupational Safety and Health Administration (OSHA) will be offered to small business owners and manager Oct. 22...
Oct 17 2002 // The American Insurance Association (AIA) testified before the New York State Assembly Insurance Committee that terrorism risk is unlimited, and therefore cannot be covered by the private insurance market, arguing for the...
Oct 14 2002 // Recently, the White House unveiled the national plan to Secure Cyberspace, an initiative urging insurers and companies to assess and manage exposures to cyber risk. Among other things, the plan calls for developing new...
Oct 14 2002 // As more and more reinsurers become increasingly timorous in a hard market yet to peak, one of the most acutely affected business lines have been programs. Reinsurance capacity for many standard commercial lines has dropped...
Oct 14 2002 // As more and more reinsurers become increasingly timorous in a hard market yet to peak, one of the most acutely affected business lines has been programs. Reinsurance capacity for many standard commercial lines has dropped...
Oct 14 2002 // The Texas homeowners insurance market—like many around the nation—is experiencing rising premiums, controversy over mold claims and debate over the use of credit scoring.Texans purchase 3.9 million homeowners insurance...
Oct 14 2002 // Technology and innovation advance continuously, and it is difficult, if not impossible, for insurance companies to stay abreast of emerging technologies. In fact, carriers may not only fall behind, but they could even risk...
Oct 10 2002 // Swiss Re’s latest Sigma report, No.4/2002, offers an analysis of the non-life insurance industry, and how it is adjusting to “two major shocks – the catastrophic losses of 2001 and the ongoing stock...
Oct 8 2002 // RiskProNet, Intl. (RPNI), is holding a conference on “Navigating the Hard Market” at the Scottsdale Conference Resort in Scottsdale, Ariz., Nov. 10-12. According to RPNI Executive Director Gary Normington,...
Oct 8 2002 // The property/casualty industry saw a gain in the number of rating downgrades issued by A.M. Best Co. for the second consecutive year, according to the special report, “Rating Downgrades Outpace Upgrades Despite...
Oct 8 2002 // The U.S. excess and surplus lines market reported a 35 percent increase in direct premium volume in 2001, according to the “Annual Review of the Excess & Surplus Lines Industry-September 2002,” released by...
Oct 4 2002 // Aon Corporation announced the results of Aon Re Worldwide’s comprehensive study of the U.S. homeowners marketplace. The results of the study reveal that the homeowners insurance industry, despite recent rate and...
Oct 1 2002 // The U.K.’s Financial Services Authority, which assumed regulatory control of the country’s insurers a year ago, issued a bulletin stating that its goals were to create more openness with regulators and...
Sep 30 2002 // Insurance Journal publisher Mark Wells recently spoke with Michael J. Hall, chairman of M.J. Hall & Company Inc. and president of Golden Bear Insurance Company, both headquartered out of Stockton, Calif. Hall shared...
Sep 30 2002 // The 2002 California legislative session came to an end recently, with a flurry of industry-related bills shuffling through the mix. Many new laws and measures were introduced this year by state lawmakers regarding...
Sep 30 2002 // Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the...