All the headlines from our Market Topic Page, ordered by recency.
Sep 25 2019 // The Hanover Insurance Group, Inc. has expanded its business in Vermont to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base.According to The...
Sep 24 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed.The excess and surplus lines sector is enjoying its...
Sep 20 2019 // When Louisiana voters go to the polls on Oct. 12, they will have a choice between two Republican opponents in the race for insurance commissioner: current commissioner, Jim Donelon, a former state legislator who has held...
Sep 19 2019 // The Society of Insurance Research (SIR) will hold their 49th Annual Conference on October 20th – 22nd at the Sheraton Charlotte Hotel in Charlotte, NC and I am thrilled to be attending. The theme for this year’s...
Sep 19 2019 // Ohio Department of Insurance reported that Director Jillian Froment has been appointed to serve on the Federal Advisory Committee on Insurance (FACI).The committee provides advice and recommendations to the Federal...
Sep 18 2019 // Activity in the legacy insurance market has boomed. However, as capital pours in, perhaps it is best to understand how pricing will develop in the space and whether increased capital will drive price deterioration.For a...
Sep 17 2019 // Archie Gall has been named CEO of Tricolor Insurance, an affiliate company of Dallas-based Tricolor, a used vehicle retailer focused on the Hispanic consumer market.Tricolor Insurance, a provider of insurance for subprime...
Sep 16 2019 // AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS) data assets to ACORD, the global standards-setting body for the...
Sep 16 2019 // When Louisiana voters go the polls this fall, in the race for insurance commissioner they’ll have a choice between Louisiana businessman and longtime insurance industry executive, Tim Temple, and current...
Sep 16 2019 // As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear.A new report from Guy Carpenter and CyberCube Analytics has identified potential loss scenarios in the...
Sep 16 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed.The excess and surplus lines sector is enjoying its...
Sep 13 2019 // When Louisiana voters go the polls this fall, in the race for insurance commissioner they’ll have a choice between Louisiana businessman and longtime insurance industry executive, Tim Temple, and current...
Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference.Speaking at the Keefe, Bruyette & Woods Insurance...
Sep 12 2019 // Global temperature change, global trade collapse and cyber warfare are the top three “extreme risks” identified in a study from Willis Towers Watson.The new paper out this month is part of the firm’s...
Sep 12 2019 // In yet another sign of a hardening market, U.S. commercial insurance prices grew at an accelerated rate compared to a year ago, according to Willis Towers Watson’s latest Commercial Lines Insurance Pricing...
Sep 10 2019 // Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance...
Sep 9 2019 // As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear.A new report from Guy Carpenter and CyberCube Analytics has identified potential loss scenarios in the...
Sep 4 2019 // Insurance Commissioner Ricardo Lara has offered an apology for accepting campaign contributions from the insurance industry.Lara in a letter that was reportedly sent on Tuesday acknowledged that his campaign solicited...
Sep 3 2019 // London’s outsized role in the global insurance industry is being whittled down by Brexit.As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a...
Sep 2 2019 // The U.S. property/casualty industry’s net underwriting income declined by 9.6% to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period, A.M. Best reports.Also, ongoing...