Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
AM Best Revises Outlook to Negative for Missouri Valley Mutual Insurance Company
Apr 30 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Missouri Valley Mutual Insurance...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils
Apr 30 2025 // Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this trend continues, global...
New Report Shows Rise in Cargo Theft, With Three States Leading the Way
Apr 29 2025 // Cargo theft across the U.S. and Canada continued to rise in 2024, with three states making up the bulk of losses, a new report shows. Multimodal hubs in California, Texas, as well as around Chicago, continue to be top...
Forecast Calls for Wildfires to Burn More Land Across US This Year
Apr 25 2025 // A long-range forecast predicts wildfires will burn more land across the U.S. this year, with a potentially active spring in places and a build up into summer. An AccuWeather forecast out on Wednesday calls for 7 to 9...
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend
Apr 24 2025 // Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1...
Report: California’s New Vehicle Market Outlook Clouded by Tariffs
Apr 23 2025 // New vehicle registrations in California rose 8.3% in the first quarter of 2025 compared with the same period a year earlier, putting the state above a nationwide 4.6% increase in a buying surge that may have been driven by...
IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace
Apr 23 2025 // Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global...
New Survey Shows Company Drivers Overwhelmed and Worried
Apr 22 2025 // As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision or held liable for the damages. While 89% of company drivers rate their driving as good or excellent, less...
Say Goodbye to Manual Contract Requests: The Future of Life & Annuities Is Automated
Apr 22 2025 // This post is part of a series sponsored by AgentSync. In the complex and ever-evolving world of life and annuity (L&A) compliance, efficiency isn’t a luxury, it’s a critical factor in an...
Built for the Future. Ready Today.
Apr 22 2025 // This post is part of a series sponsored by Expert Insured. The insurance industry is evolving quickly, and let’s face it-legacy systems won’t be part of its future. You’ve probably seen the signs...
High Cost of Living Fears Made Worse by LA Wildfire in UCLA Survey
Apr 21 2025 // The high cost of living remains a main concern in America’s largest exacerbated by the January 2025 wildfires is one of the biggest worries bothering residents of Los Angeles County. A survey focused on the county,...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Tariffs Will Lead to 2M Fewer Auto Sales in US This Year, Firm Forecasts
Apr 21 2025 // U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade if the global trade war escalates, a Detroit-area automotive advisory firm forecasts. If the current tariffs...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs Say
Apr 21 2025 // Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
Soft D&O Market May Come to an End as Risk Complexities Rise
Apr 21 2025 // Buyers of directors and officers (D&O) liability insurance have benefited from strong capacity and healthy competition among insurers to see consistent rate decreases at renewal over the last several years. Those days...
What Does the Future Hold for Independent Agencies?
Apr 21 2025 // Wouldn’t it be nice to know what the future holds? The insurance market, the economy, and consumer expectations are all shifting, making it hard to know where to focus. The Council of Insurance Agents & Brokers...
3 Emerging Risks to Watch: 6G Wireless Technology, Autonomous Trucks, Kratom
Apr 21 2025 // It seemed not so long ago that many wireless carriers were in a race to 5G, touting the speed of their networks to consumers. Now, the successor to that network is in development and could bring a bounty of potential...
Marsh McLennan Reports Organic Q1 Growth of 4%, a Decrease From Q1 2024
Apr 17 2025 // Marsh McLennan reported consolidated revenue during the first quarter of $7.1 billion, an increase of 9% compared with Q1 2024, or 4% on an underlying (organic) basis. MMC had organic growth of 9% in Q1 2024. Q1 operating...
AM Best Revises Outlooks to Negative for Virginia’s Loudoun Mutual Insurance Co.
Apr 17 2025 // AM Best has revised the outlooks to negative from stable of Loudoun Mutual Insurance Co. of Waterford, Virginia based on the “deterioration in Loudoun’s underwriting and operating performance” in recent...
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth
Apr 16 2025 // The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a...