All the headlines from our Market Topic Page, ordered by recency.
Oct 24 2016 // There was a great turnout for the future of the insurance industry early this month in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs,...
Oct 24 2016 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2015, approximately $585 billion DPW was reported, a record-high. For 2015, total DPW for all P/C...
Oct 21 2016 // In an increasingly connected and globalized world, the insurance industry needs to work together to understand and accommodate the many disruptions it faces today and in the future, according to Sean Kevelighan, CEO of the...
Oct 21 2016 // Somerset Reinsurance Ltd. has increased its common share capitalization to $375 million, including investments from three strategic investors and a diverse group of high net worth investors.Somerset Re provides customized...
Oct 20 2016 // The Insurance Industry Charitable Foundation’s (IICF) Northeast Division today announced it has awarded ten local community grants – in the amount of $2,500 each – to nonprofit organizations working outside the...
Oct 17 2016 // You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October attracted an...
Oct 14 2016 // Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent...
Oct 14 2016 // Panelists at a recent New York event hosted yesterday by Lloyd’s, the world’s specialist insurance market, and the American Security Project, a nonpartisan national security think-tank, urged the insurance...
Oct 14 2016 // It’s been nearly a week since Hurricane Matthew ravaged the Southeast coast but the insurance industry’s job of responding to the devastation and assessing the total cost of damage from the storm is just...
Oct 12 2016 // TheGuarantors, a New York based insurance tech startup founded in 2014, is seeking to make renting an apartment in New York easier for landlords, brokers and renters through its newly launched tech-enabled lease guarantee...
Oct 11 2016 // Global law firm Dentons has named John J. Sarchio as a partner in its insurance regulatory practice.In this role, he will advise clients on insurance industry mergers, acquisitions and financings, reinsurance transactions,...
Oct 11 2016 // William Bolton, head of a large national brokerage, leader of an influential regional brokers group and chairman of Assurex Global during his nearly half-a-century in insurance, is being remembered by those close to him as...
Oct 6 2016 // There was a great turnout for the future of the insurance industry this week in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs, investors...
Oct 5 2016 // The London insurance market plans to test its response this month to a major catastrophe on the scale of the 9/11 attacks, the chairman of insurer Hiscox said on Tuesday.While insurers have coped with regular hurricanes,...
Oct 4 2016 // The homeowners insurance rate increase disagreement between the North Carolina Department of Insurance (NCDOI) and the insurance industry is not over.The North Carolina Rate Bureau (NCRB), which files rates with NCDOI on...
Oct 4 2016 // China’s tech giants — Baidu, Alibaba and Tencent — increasingly have a finger in every part of the economy. So why aren’t they bigger participants in what should be an easy sell online:...
Oct 3 2016 // American International Group Inc., Hamilton Insurance Group Ltd. and affiliates of Two Sigma Investments plan to launch Attune, a technology-enabled platform to serve the $80 billion U.S. small to medium-sized enterprise...
Oct 3 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
Oct 3 2016 // Cyber security is a rapidly growing area of concern for executives across the world. The costs that can arise from a cyber breach can be catastrophic to a business. As a result, the cyber insurance market has ballooned...
Oct 3 2016 // The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce the need for the NFIP to borrow from the U.S. Treasury to cover future...