Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Report: California Workers’ Comp Medical Payment Trends Fell in 2018
Sep 4 2019 // Medical payments in California’s workers’ compensation system continued to decline in 2018 as the medical payments per claim decreased, according to a report from the Workers’ Compensation Insurance...
Midwest Economic Survey Suggests Little or No Growth on Horizon
Sep 4 2019 // An August survey of business supply managers suggested slow or no economic growth over the next several months in nine Midwest and Plains states, in part because of trade skirmishes, according to a newly released...
5G Mobile Networks Jeopardize Future Storm Forecasts, Claim Weather Agencies
Sep 4 2019 // Weather agencies are warning that signals from new 5G mobile networks will make it harder to predict and track deadly storms, as the fiercest hurricane in more than 80 years tore across the Bahamas to threaten the U.S....
Report Examines First-Year Impact of California’s New Drug Formulary
Sep 3 2019 // A new report shows that an evidence-based drug formulary put into effect by the California Division of Workers’ Compensation over a year ago may be working. The formulary went into effect Jan. 1, 2018. It was...
Study of European Flood Trends Finds North-South Climate Variances
Aug 29 2019 // European river flooding has grown more intense in northwestern Europe and decreased in the south over the last half century, according to a study by nearly four dozen researchers. The work, which is the first documentation...
New Hampshire Workers’ Comp Rates Decrease for Eighth Year in a Row
Aug 29 2019 // New Hampshire employers will pay less for their workers’ compensation insurance next year because of an approved filing that lowers the loss costs insurers use to develop prices. The New Hampshire Insurance...
U.K. Prime Minister Rolls the Dice on City of London’s Future: Opinion
Aug 29 2019 // Not long after Britain voted to leave the European Union, the City of London’s chiefs grudgingly began hammering out plans for the worst: that Britain might eventually abandon the EU’s single market. Now the...
Biometrics and Financial Firms, Ransomware Variant Among Latest Cyber Trends: Chubb
Aug 28 2019 // State biometrics laws, a new ransomware threat and the targeting of financial institutions are among the recent trends in cyber risks, according to insurer Chubb in a new report. The insurer cites a recent surge in...
North Carolina Insurers Request 19.2% Rate Increase for Dwelling Policies
Aug 28 2019 // The North Carolina Department of Insurance has received a dwelling insurance rate filing from the North Carolina Rate Bureau requesting a statewide average rate increase of 19.2%, varying by territory. The N.C. Rate...
New Business Up 20% at Insurer AIA on Hong Kong, China Sales
Aug 23 2019 // Asia-focussed insurer AIA Group Ltd on Friday posted a 20% rise in new business for the first half of the year, as it sold more insurance products in its main markets of Hong Kong and China. AIA’s new business value,...
Companies Continue March Towards Robots; Orders Up 7.2% in First Half of Year
Aug 20 2019 // In the first half of 2019, the North American robotics market is up 7.2%. From January to June, North American companies ordered 16,488 robots, valued at $869 million. For all of 2018, orders totaled 28,478, which was 16...
PG&E Shares Dive on Risk of up to $18B in Wildfire Lawsuit Costs
Aug 19 2019 // PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much as $18 billion in damages to wildfire victims. The California utility giant fell as much 28%, to $10.22, at...
Underwriters Get Picky and Other Trends in Construction Insurance
Aug 19 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their...
AI-Underwritten Insurance Premiums to Go From $1.3B to $20B Globally by 2024: Juniper
Aug 19 2019 // The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019, according to new data from Juniper Research. This growth will be...
Flooded Mississippi River Still a Threat as Hurricane Season Heats Up
Aug 19 2019 // The river that drains much of the flood-soaked United States is still running far higher than normal, menacing New Orleans in multiple ways just as the hurricane season intensifies. For months now, a massive volume of...
Texas Auto Burglary/Theft Prevention Fee Rises
Aug 19 2019 // The Texas Department of Insurance says recently passed legislation raises the fee insurers must pay to the state organization that works to prevent automobile burglaries and thefts. A new law also changes Automobile...
Insurance Driving Up Total Cost of Risk for Businesses
Aug 19 2019 // Businesses and organizations paid nearly two percent more in 2018 than they did in 2017 to cover the total cost of risk. Reversing the trend of falling average TCOR per $1,000 of revenue seen from 2013 to 2017, average...
Age Discrimination Among Older U.S. Workers an Increasingly Serious Concern, Insurer Says
Aug 19 2019 // Age discrimination affects more than one-fifth of U.S. workers over the age of 40, a particular number of which are men, according to a survey from specialty insurer, which warns companies to be mindful of the related...
NOAA Ups Hurricane Forecast as El Nino Fades Away
Aug 19 2019 // Forecasters with the National Oceanic and Atmospheric Administration who are monitoring oceanic and atmospheric patterns say with the demise of El Nino this summer, conditions are now more favorable for above-normal named...
Women Accuse Opera Star Domingo of Sexual Harassment Over Decades
Aug 16 2019 // For decades, Placido Domingo, one of the most celebrated and powerful men in opera, has tried to pressure women into sexual relationships by dangling jobs and then sometimes punishing the women professionally when they...
