Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
ACORD InsurTech Innovation Challenge’s European Winner Is Riskbook
Jun 17 2019 // ACORD, the global standards body for the insurance industry, has announced that Riskbook was the winner of the London semi-final round of the ACORD InsurTech Innovation Challenge (AIIC), with RITA and Optimiz.Claims named...
P/C Direct Premium Written Up 4.2% in Q1: Demotech
Jun 17 2019 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2018, total DPW for all P/C insurers aggregately increased approximately 4% from 2017, an increase...
Roost Gathering Data as it Awaits Insurance Industry Transformation
Jun 17 2019 // For years, insurance industry observers have been predicting that home telematics products would transform the insurance industry by forcing carriers to take on the role of damage preventer instead of just claims...
What Might Happen If Congress Fails to Renew Terrorism Reinsurance Program
Jun 17 2019 // The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program Reauthorization Act...
Underwriters Get Picky: 5 Trends to Watch in Construction Insurance
Jun 17 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 13 2019 // San Diego, CA, June 13, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....
Insurance Journal to Launch Insuring Cannabis
Jun 12 2019 // San Diego, CA, June 12, 2019 – Today Insurance Journal premiers Insuring Cannabis, a newsletter for insurance professionals and risk managers who need a full view of what’s happening with marijuana on state,...
2 Execs at Lloyd’s Insurer TMK Forced to Resign After Sexual Harassment Allegations
Jun 11 2019 // Two executives at a top Lloyd’s of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 11 2019 // San Diego, CA, June 11, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....
Insurance Journal to Launch Insuring Cannabis
Jun 10 2019 // San Diego, CA, June 10, 2019 – Today Insurance Journal premiers Insuring Cannabis, a newsletter for insurance professionals and risk managers who need a full view of what’s happening with marijuana on state,...
Carrier Management Announces the Launch of InsurTech Today
Jun 10 2019 // San Diego, CA, June 10, 2019 – Today Carrier Management premiers a brand-new newsletter called InsurTech Today. This inbox resource is written for those who value a quick take on the most important InsurTech...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 5 2019 // Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called Insuring Cyber. This newsletter is an in-box resource for...
Are Agencies Overpaying for Young Employees Today?
Jun 3 2019 // Memo to insurance agency owners seeking to onboard new employees: Expect to pay more, offer more and train more. Those trying to hire know that already. “What we’re seeing in particular in Texas, and I imagine...
Accelerating Innovation Through Diversity & Inclusion
Jun 3 2019 // Progress requires change, though it is not always easy. The insurance industry, notoriously known to be slow to adopt change, is in the midst of a significant transformation. Some may even call it a rebranding. Insurers...
P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best
Jun 3 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results. According to...
Why You Should Enter Marketing Awards Competitions
May 29 2019 // Marketing is inherently a competitive space. Our sole purpose is to drive revenue; some may disagree, but fundamentally, every activity a marketing department performs should be to support their firm’s business...
Massachusetts’ Activer Solutions Appoints Feirer as Chief Marketing Officer
May 29 2019 // Activer Solutions, a Marlborough, Mass.-based, strategic service partner providing business process outsourcing to the property and casualty insurance industry, has appointed Ernie Feirer as chief marketing officer. This...
Showbiz Shows a Better Way to Pay: Insurance Industry Alert from EraNova Institute
May 29 2019 // Los Angeles, CA and Mountain Lakes, N.J., May 29, 2019 – Today the EraNova Institute issues a business alert: “Showbiz shows a better way to pay.” EraNova’s Director and author of the report, Dick...
Carlson Named CEO for Wells Media Group
May 28 2019 // Wells Media Group Chairman Mark Wells announced that Josh Carlson has been named CEO of Wells Media Group, Inc., effective immediately. Carlson has served as chief technology officer/chief innovation officer of Wells Media...
What Might Happen If Congress Fails to Renew Terrorism Reinsurance Program
May 22 2019 // The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program Reauthorization Act...