All the headlines from our Market Topic Page, ordered by recency.
Apr 16 2018 // Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want other agents to adhere to professional standards and ethics. They want faster and...
Apr 16 2018 // This issue of Insurance Journal features exclusive results from the 2018 Young Agents Survey where more than 500 young agents nationwide shared their views on the insurance industry and their experience as an agent. (See...
Apr 16 2018 // Over the last year or so, the insurance industry has seen technological advances driving new products and distribution means to market. We have seen “insurtech” blossom from a term to describe the intersection...
Apr 16 2018 // Risk managers are very concerned about the cyber risks facing their companies and are heavily investing in protection against cyber attacks with the blessings of their boards and CEOs, a major shift from even just 10 years...
Apr 16 2018 // SIAA (Strategic Insurance Agency Alliance) has hired Gretchen Klemm as a contracts compliance manager at its Hampton, N.H., location.In this role, Klemm will manage day-to-day interactions with independent agency members...
Apr 11 2018 // Duarte, CA, April 11, 2018 — The National Insurance Industry Council has selected Michael “Mike” Crowley, vice chairman (retired) of Markel Corporation, as the recipient of the 2018 Spirit of Life® Award....
Apr 10 2018 // Chinese President Xi Jinping promised on Tuesday to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as an attempt to defuse an escalating trade dispute with...
Apr 6 2018 // Risk managers are very concerned about the cyber risks facing their companies and are heavily investing in protection against cyber attacks with the blessings of their boards and CEOs, a major shift from even just 10 years...
Apr 5 2018 // California’s annual insurance premium volume has increased to $332 billion, Insurance Commissioner Dave Jones announced on Thursday. That makes California is the 4th largest insurance market in the world, and the...
Apr 5 2018 // Three stages, a packed football stadium overlooking Lake Michigan, decked out luxury suites.A rock concert? No, it’s an insurance innovation and investment event. But some attendees might be star-struck by the...
Apr 4 2018 // Texas-based ITC, a provider of websites, agency marketing, comparative rating and management software and services, announced today that it has received a majority equity investment from Accel-KKR, a technology-focused...
Apr 2 2018 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and insurance markets that could offer opportunities for agents and brokers in...
Apr 2 2018 // The U.S. property/casualty industry recorded a net underwriting loss of $23.5 billion for year-end 2017, according to preliminary results from A.M. Best. That was $18 billion bigger than the underwriting loss in 2016.The...
Mar 26 2018 // The Blockchain Insurance Industry Initiative (B3i) announced the incorporation of B3i Services AG in Zurich, Switzerland.The company was formed by the founders of B3i, which previously operated as a collaborative...
Mar 20 2018 // The U.S. property/casualty industry recorded a net underwriting loss of $23.5 billion for year-end 2017, according to preliminary results from A.M. Best. That was $18 billion bigger than the underwriting loss in 2016.The...
Mar 19 2018 // New Hampshire Insurance Commissioner Roger Sevigny is planning to retire this summer after 16 years with the New Hampshire Insurance Department. His current term ends on June 11.Prior to his 16 years working as a regulator...
Mar 19 2018 // On any given day, it is hard not to read an article or report on some type of cyber topic. Cyber insurance is one of the key concerns within the insurance industry today and possibly one of the most misunderstood.In late...
Mar 19 2018 // Insurance industry technology is experiencing a revolution. While insurance carriers and venture capital firms have been behind much of today’s insurtech innovation, insurance agents and brokers have also jumped into...
Mar 18 2018 // The U.S. market for privately written flood insurance grew by 51.2 percent last year, with state-level markets growing both more competitive and less profitable, according to 2017 statutory insurance filings compiled by...
Mar 16 2018 // Compassion and helping others were the key takeaways from a message that Jim Darling delivered to a group of several hundred insurance professionals gathered to honor him in Los Angeles, Calif. on Thursday night.Darling,...