Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Industry Expertise, Data, Capital Can Help Reduce Global Disaster Risks: Interview
Mar 17 2015 // Powered by InsuranceJournal.tv Margareta Wahlström, the UN Secretary General’s special representative for disaster risk reduction, and Rowan Douglas, Willis CEO for capital, science and policy practice, have been...
California Commissioner Names New Insurance Diversity Task Force
Mar 16 2015 // California Insurance Commissioner Dave Jones on Monday announced the members of the 2015-2016 Insurance Diversity Task Force, which will make recommendations to Jones on ways to increase diversity in procurement and...
Insurance Industry Presence Supports UN’s Disaster Risk Reduction Quest
Mar 16 2015 // The re/insurance industry has answered the call presented by the UN’s Disaster Risk Reduction initiative, as industry representatives gathered with others to attend the 3rd UN World Conference on Disaster Risk...
Google Compare May Go Beyond Auto Insurance
Mar 11 2015 // The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance...
Low Insurance Penetration Creates Asia-Pacific Opportunities: Aon Benfield
Mar 11 2015 // As rapid economic development, population growth and urbanization lead to increased insurance penetration, Asia Pacific represents a key area of growth in the global marketplace, according to a report published by Aon...
IICF Announces $505K in Grants at Dallas Benefit Dinner
Mar 11 2015 // The Insurance Industry Charitable Foundation’s (IICF) Texas/Southeast Division announced it is providing a record-breaking $505,000 in grants to area and regional nonprofits in 2015. The grants total is the largest...
Capital Ownership, Cost a Challenge for Insurance Industry: Berkley CEO
Mar 11 2015 // The U.S. economy is evolving in many ways, most significantly when it comes to both the cost of capital and the ownership of capital, and that change in capital ownership is a challenge for the insurance industry,...
Berkley: Google’s Entry Into Auto Insurance Should Frighten Agents
Mar 9 2015 // That Google is getting into auto insurance should have the voice in the head of every agent who sells personal auto coverage saying: “Be afraid, be very afraid.” OK, that’s not exactly how W.R. Berkley...
What’s Driving Nonstandard Auto – Technology, Consolidation, Population Changes, Fuel Specialty, Opportunity
Mar 9 2015 // The nonstandard auto market is characterized by substandard operating performance. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many are struggling to...
2015 Outlook: Profitable Despite Lower Rates
Mar 9 2015 // The commercial property/casualty insurance market should remain stable and profitable in 2015, according to the Wells Fargo Insurance 2015 Insurance Market Outlook. Abundant market capacity and an improving economy have...
Google to Face Same Obstacles Selling Insurance Online, Says Overstock’s Byrne
Mar 9 2015 // Those now running comparison insurance shopping websites believe that they could be helped if Google enters into the business because the giant search engine could draw more attention to buying insurance online. However,...
Insurance Market Evolves for Drone Pilots Unwilling to Wait on Federal Regulations
Mar 6 2015 // Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers writing their own safety rules to fill a void left by regulators. One...
Starr Eyes Cuba Travel Insurance Market For Growth
Feb 26 2015 // Maurice “Hank” Greenberg’s Starr International Co. is pursuing growth in Cuba as the U.S. eases decades-old restrictions on visiting the country. Starr’s travel assistance unit could provide...
Berkley: Google’s Entry Into Auto Insurance Should Frighten Agents
Feb 24 2015 // That Google is getting into auto insurance should have the voice in the head of every agent who sells personal auto coverage saying: “Be afraid, be very afraid.” OK, that’s not exactly how W.R. Berkley...
Insurance Industry Needs Better Arguments for ‘Price Optimization’
Feb 23 2015 // Back in her high school days, my daughter got to be a pretty darned good field hockey player, eventually became the captain of her team. But in her sophomore year, Regina was still locked in a competition with another...
Diversity Within Insurance Industry Serves Expanding Nonprofits
Feb 23 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
Risky Business: How Agents and the Industry Help Protect Farmers, Ranchers
Feb 23 2015 // When you think of hazardous jobs, what comes to mind? First responders, military professionals, even NFL football players are typically associated with some of the most dangerous jobs on earth. But what about farmers and...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 23 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
2015 Outlook for P/C: Profitable Despite Lower Rates, Says Wells Fargo
Feb 20 2015 // The commercial property/casualty insurance market should remain stable and profitable in 2015, according to the Wells Fargo Insurance 2015 Insurance Market Outlook. Abundant market capacity and an improving economy have...
Google to Face Same Obstacles Selling Insurance Online, Says Overstock’s Byrne
Feb 20 2015 // Those now running comparison insurance shopping websites believe that they could be helped if Google enters into the business because the giant search engine could draw more attention to buying insurance online. However,...
