Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
State Farm Still Wants a 30% Rate Increase in California
May 21 2025 // State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils
May 19 2025 // Global insured losses from natural catastrophes hit $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
May 19 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...
Swiss Re Profits Up Despite Losses from California Wildfires
May 16 2025 // Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier,...
Sedgwick Experts Outline Key Workers’ Comp Claims Trends
May 16 2025 // Two experts from risk and claims administration partner Sedgwick outlined a few key workers’ compensation trends worth paying attention to today. The topics were based on Sedgwick data and primarily related to the...
2024 P/C Insurance Combined Ratio Best in More Than a Decade
May 15 2025 // With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry’s aggregate 2024 combined ratio was 96.5—marking the lowest figure since...
Report: California Workers’ Comp Combined Ratio Highest in 14 Years
May 14 2025 // Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the combined ratio rose to the highest level in 14 years, a new report shows. The Workers’ Compensation...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims
May 13 2025 // Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires...
Insurer Coalition: Costs From Business Email Compromise Rise in 2024
May 12 2025 // About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud. According to its “2025 Cyber Claims Report,” Coalition...
Texas Legislators Seek Solutions to Rising Home Insurance Rates
May 9 2025 // Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs. Legislators have advanced bills to limit how much insurance...
EU Plan to Water Down ESG Rules Risks Wave of Litigation, Legal Scholars Warn
May 9 2025 // The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation, as companies would no longer be required to act in a way that lives up to the bloc’s climate law. The...
Report: Oregon Worker’s Comp Claims Fell in 2023 From Previous Two Years
May 8 2025 // Oregon worker’s compensation claims fell in 2023 from the previous two years, a report from the Oregon Department of Consumer and Business Services shows. The department received notification of 22,994 accepted...
Hurricane Forecasts Are Better Than Ever But NOAA Cuts Could Change That
May 6 2025 // The National Hurricane Center‘s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into the future, when storms were only...
Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow
May 6 2025 // Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time. The decline, according to a letter to shareholders, was due primarily to...
Oregon’s Compensable Worker Fatalities Down in 2024, Report Shows
May 6 2025 // Oregon saw a drop in worker deaths last years, according to newly released data from the state’s Department of Consumer and Business Services. But despite the overall decline, the numbers show that certain...
Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate
May 5 2025 // Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s rate increases seem to have leveled off. For the most part, Wilson explained to analysts during...
Generative and Agentic AI in Insurance: Breaking Down the Risks and Opportunities
May 5 2025 // This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Chris Accetta and David Geller welcome David Seaton, VP of Predictive Analytics and Modeling at IAT Insurance,...
Roof Repair and Replacement Costs Up Nearly 30% Since 2022, New Report Says
May 5 2025 // Roof repair and replacement cost value totaled nearly $31 billion last year–up nearly 30% since 2022, according to a new report from Verisk. The strategic data analytics and technology provider reported that...
Rising Civil Unrest, Political Violence Remains Top 10 Risk for Global Businesses: Allianz
May 5 2025 // Soaring levels of civil unrest and political violence is a key concern for businesses of all sizes as well as for their insurers, according to a report published by Allianz Commercial. The impact of civil unrest or...
New Survey Shows Company Drivers Overwhelmed and Worried
May 5 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...
