All the headlines from our Market Topic Page, ordered by recency.
Feb 18 2019 // Owners Must Show Them the Money, Culture and Other PerksAs the insurance industry unemployment rate continues to hover at 1.7 percent, which is lower than the national average of 3.9 percent, insurance agencies face stiff...
Feb 15 2019 // The transportation industry is considered a barometer of the U.S. economy. If freight is trending up, so too is the U.S. economy. But capacity constraints for trucking – including a shortage of qualified drivers, low...
Feb 14 2019 // California’s insurance commissioner and a lawmaker want to the state to consider buying insurance in the private market to cover rapidly increasing costs of fighting wildfires due to climate change.State Sen. Bill...
Feb 14 2019 // Changes in small business owners’ online habits and new market entrants are driving market demand for online purchasing of insurance, according to a report from advisory firm Novarica, which sees direct online sales...
Feb 4 2019 // Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down...
Feb 4 2019 // Nonprofits are a lot like most insurance clients; there’s not much difference. They seek trusted and consultative relationships with their agents, brokers and carriers. They seek partners that understand their...
Feb 4 2019 // The private flood insurance industry made significant strides to insure more households against the peril of flood in 2018. Factor in recent major flood events and an ever-changing regulatory landscape, and the role of...
Feb 4 2019 // Ely Kaplansky, President, Kaplansky Agency, MAIncreased market share. Rate increases.Continued profitable growth.Crag Shink, Managing Partner, C.H. Shink & Associates, NYA harder market in some segments.Increasing...
Feb 4 2019 // Establishing a California Wildfire Commission is just one idea an expert is tossing out to help the state deal with worsening fire seasons.James Woods was formerly co-leader of Mayer Brown’s Global Insurance Industry...
Feb 1 2019 // This Sunday, Jared Goff (in his third NFL season) and the Los Angeles Rams face off against Tom Brady (in his 19th NFL season) and the New England Patriots. Insurance Journal’s Academy of Insurance asked the...
Jan 29 2019 // Establishing a California Wildfire Commission is just one idea an expert is tossing out to help the state deal with worsening fire seasons.James Woods was formerly co-leader of Mayer Brown’s Global Insurance Industry...
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Jan 25 2019 // Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform. However, the Bermuda market...
Jan 24 2019 // Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding...
Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...
Jan 24 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Jan 21 2019 // It is time to take out our crystal ball and plan for 2019 and how our insurance industry will be impacted by the trends around us. Those that consider these changes, and plan ahead, will usually be in a better position...
Jan 21 2019 // Wildfires and the Dynamex decision dominated discussions at an insurance wholesaler conference in early January.The California Wholesaler Association conference in La Jolla, Calif., from Jan. 6 to Jan. 8 featured numerous...
Jan 21 2019 // Tennessee Insurance Commissioner Julie Mix McPeak’s tenure as president of the National Association of Insurance Commissioners (NAIC) may have come to an end, but her work as an insurance regulator will continue for...
Jan 16 2019 // Illinois-based specialty insurance company, RLI Corp. has promoted three leaders within its Claim department.Nic Mesco, assistant vice president, Claims, has been promoted to vice president, Claims, with executive...