Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Academy of Insurance Offers Free Videos as ‘Building Blocks’ for Insurance Education
Nov 14 2017 // Insurance Journal’s Academy of Insurance is offering micro-videos at no cost to insurance professionals through its new Building Blocks tool. The Building Blocks tool supplies professionally created micro-videos for...
As China’s Insurance Market Liberalizes, There Will Be Many Winners: Opinion
Nov 13 2017 // Foreign insurers, especially AIA Group Ltd., can break out the champagne: China’s opening of its financial markets is great news. The day after U.S. President Donald Trump left Beijing with billions of dollars of...
Starr Reaffirms Commitment to Singapore Insurance Market with Subsidiary SIIS
Nov 8 2017 // Starr Cos. reaffirmed its commitment to the Singapore insurance market, despite the fact it has decided to discontinue underwriting new business through the Starr Singapore Underwriting Agents, representing its...
AOB Abuse Tops Agenda at Florida Chamber Insurance Summit
Nov 7 2017 // The Florida Chamber of Commerce brought together regulators, lawmakers, insurance industry executives and other stakeholders last week for the chamber’s annual insurance summit. Through several panel discussions on...
Tough Road for Trucking Insurance Specialists
Nov 7 2017 // Trucking serves as a barometer of the U.S. economy, representing 70.6 percent of all domestic freight transportation tonnage and $676 billion, or 79.8 percent,of transportation revenues in the country. Despite the...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 6 2017 // Commercial insurance buyers should brace for rate increases for 2018 insurance as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global...
Cyber Risk Is Putting Pressure on Property Insurance Underwriters
Nov 6 2017 // Property underwriters are feeling the pressure as cyber has become an increasing source of risk within the property insurance industry, according to panelists at Advisen’s 2017 Cyber Risk Insights Conference, held...
Cyber Service: How the Market Is Dishing Out Innovation
Nov 6 2017 // No one knows what the future of cyber risk holds. But more market choices and value-added services are now part of this fast-growing market. “We don’t know,” said Blake Wiedman, partner at Nashville-based...
Once-Stable P/C Insurance Lines Faces Challenges Ahead: Guy Carpenter
Nov 6 2017 // While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable growth going...
People
Nov 6 2017 // Independent Insurance Agents of Georgia (IIAG) announced that John Barbour, formerly vice president of Governmental Affairs, was chosen to serve as new chief executive officer. Barbour began leading the association on...
New York Finalizes Regulations to Crack Down on Title Insurance Industry
Nov 6 2017 // The New York Department of Financial Services (DFS) has finalized two regulations to protect New Yorkers and crack down on unscrupulous practices in the title insurance industry. These regulations, which are the...
IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group
Nov 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, Dec. 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the attendance...
Not All Expect Hurricanes to Bring 2018 P/C Insurance Hard Market
Oct 30 2017 // The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance stocks, with investors banking on a quick restoration of capital as firms rediscover pricing power. It’s a...
Former Connecticut Regulator Leonardi Joins AIG in Public Policy Post
Oct 24 2017 // American International Group reported that Thomas Leonardi will join the company as executive vice president, Government Affairs, Public Policy and Communications, effective Nov. 1. Leonardi previously served as the...
Insurtech Startup, Insurdata, Raises More Than $1M in Seed Financing
Oct 24 2017 // Insurdata, an insurtech firm that provides re/insurance underwriters with property-specific data to support their pricing, underwriting and portfolio management decisions, announced it has raised over $1 million in seed...
Once-Stable P/C Insurance Lines Face Headwinds: Guy Carpenter
Oct 23 2017 // While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable growth going...
North Dakota’s Godfread ‘Excited’ About Technological Innovations in Insurance
Oct 20 2017 // North Dakota’s insurance commissioner is bullish on the technological innovations that are occurring within the insurance industry and wants his state to be in the forefront of experimenting with and testing new...
Northern California Wildfires: Insurance Industry Ready to Assist With ‘Massive’ Recovery
Oct 20 2017 // Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet. Tens of thousands of evacuees...
New York Finalizes Regulations to Crack Down on Title Insurance Industry
Oct 18 2017 // The New York Department of Financial Services (DFS) has finalized two new regulations to protect New Yorkers and crack down on unscrupulous practices in the title insurance industry. These regulations, which are the...
Insurance Journal, Insurance Careers Movement Partner on ‘Cool’ Job Contest for Under-40 Pros
Oct 16 2017 // Insurance Journal today launched a contest in conjunction with Insurance Careers Movement on what young insurance professionals believe is the coolest part of their job. It’s a bit tricky, however, because...
