Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
World Economic Forum Sees Finance/Insurance Industry in Digital Firing-Line
Jul 1 2015 // The world’s top banks and insurers are being forced to review their business models amid rapid inroads by nimble “fintech” start-ups, which are reshaping what consumers and businesses expect out of...
Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author
Jun 26 2015 // First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading large-scale...
CAMICO Wins IMCA Marketing Award; Allstate, Hartford, Jackson Also Honored
Jun 25 2015 // CAMICO won the SAMMY Award for overall Best of Show in insurance industry marketing and communications at the annual Insurance Marketing and Communications Association (IMCA) Showcase Awards gala this week in...
Howden & Insurisx Launch Technology Platform to Help Prevent Cyber Attacks
Jun 25 2015 // Howden, the London-based international broking arm of Hyperion Insurance Group, and cyber insurance technology specialists Insurisx Inc. have launched a technology-based platform, designed to help clients of all sizes...
Ethics, Education and YOUR Personal Standards!
Jun 24 2015 // Insurance is necessary for the survival and growth of any free market economy. Because of this necessity, insurance practitioners are expected to practice applying a high ethical standard; they are expected to know their...
ThoughtWorks Provides New Thinking for Insurers’ Software Needs
Jun 24 2015 // Wardour Street in Central London’s SoHo district has long been known for film and TV productions, but it’s now home to hi-tech enterprises as well. Jaydeep (Jay) Korde, client principal at ThoughtWorks, one of...
IMCA Presents ‘Innovation Torchbearer Award’ to Insurance Information Institute
Jun 23 2015 // The Insurance Information Institute (I.I.I.) has been awarded the 2015 Innovation Torchbearer Award at the Insurance Marketing & Communications Association’s (IMCA) 2015 Annual Conference in Nashville, Tenn. The...
Illinois’ Harper College to Host Zurich’s Apprenticeship Program
Jun 18 2015 // A global insurance company is teaming up with a Chicago-area community college to create what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an...
Insurers Unprepared for Self-Driving Car Disruption: KPMG
Jun 18 2015 // The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare...
Florida Governor Signs State Insurance Licensing, Workforce Development Bill
Jun 18 2015 // The Florida Association of Insurance Agents (FAIA) is celebrating the passage of House Bill 1133, a bill it sponsored in cooperation with the Florida Department of Financial Services. Passed overwhelmingly by Florida...
Florida Commissioner McCarty Warns Against U.S. Adopting ‘Bank-Like’ Regulation for Insurance
Jun 15 2015 // Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate...
Insurance Industry Charitable Foundation Launches London Division
Jun 12 2015 // The Insurance Industry Charitable Foundation (IICF), a U.S.-based nonprofit organization funded by the insurance industry, has expanded its operations to the United Kingdom with the launch of its first international...
Assurant Finds Buyer for Health Insurance Business: National General
Jun 11 2015 // Assurant Inc. has officially decided it will exit the health insurance market to focus instead on its housing and lifestyle specialty protection products. The firm has reached an agreement to sell its Assurant Health...
The Academy of Insurance Has a New Look and a New Way to ‘Learn from the Best’
Jun 8 2015 // San Diego, California, June 8, 2015 – The property/casualty insurance online learning center, the Academy of Insurance, unveiled a fresh brand identity along with a new all-access membership program today. Established...
VAIA Offers Free Insurance License Training for Veterans and Their Spouses
Jun 5 2015 // The Virginia Association of Insurance Agents (VAIA) — an affiliated organization of the Independent Insurance Agents of Virginia (IIAV) — has announced that it will provide free pre-licensing insurance training...
Mobile Tech Provider Slipcase Gets $1.52 Million for Development
Jun 2 2015 // Slipcase.com (formerly My Slipcase) announced that it has received nearly £1 million ($1.524 million) in technology investment from putitout, a UK software provider. Slipcase was founded in 2012 to create a “central...
Is Insurance Industry Falling in Love With Technology Again?
Jun 1 2015 // Back in the 2000s, shortly after the dot-com bubble, I remember being part of discussions where the role of technology within the insurance industry was being debated. At the time, there was a strong drive to outsource in...
Insurers Get Ready to Comply With New Mississippi Property Insurance Clarity Act
May 27 2015 // Property insurers in Mississippi have until October 1, 2015 to respond to the Mississippi Insurance Department’s (MID) first call for homeowners’ insurance policy data that will be used to satisfy the...
For P/C Insurers, 2014 Was Better Than Average Year
May 26 2015 // Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage. However, while property/casualty insurers were not as...
‘Outside Forces’ are Changing the Industry: Markel’s Kumana Has Solutions
May 21 2015 // Darius Kumana leads a new team with a new mission that aims to bring the re/insurance industry into the 21st century. He recently joined Markel International in London as head of IT and Digital Strategy – specialties...
