Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Australia Sweltered in January Through Hottest Month on Record
Feb 4 2019 // Australia sweltered through its hottest month on record in January and the summer of extremes continued with wildfires razing the drought-parched south and flooding in expanses of the tropical north. Australia’s...
Australia to Shake Up Financial Sector After Inquiry Shows Widespread Wrongdoing
Feb 4 2019 // Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector recommended by a high-powered independent inquiry into financial sector greed and malpractice. The...
Wishes & Predictions for 2019– What’s ahead for insurance ?
Feb 4 2019 // Insurance Journal conducted a targeted survey of 200 insurance agents and other professionals to get their views on what to expect in 2019. Respondents were asked to rank areas of concern, project the economic climate and...
Automation and Workers of the Future
Feb 4 2019 // Automation won’t be replacing the entire workforce but about one-quarter of U.S. jobs could be severely disrupted as artificial intelligence (AI) takes hold in the near future. According to a new Brookings...
Navigating Today’s Nonprofit Insurance Market
Feb 4 2019 // Nonprofits are a lot like most insurance clients; there’s not much difference. They seek trusted and consultative relationships with their agents, brokers and carriers. They seek partners that understand their...
Wishes & Predictions… in their own words
Feb 4 2019 // Ely Kaplansky, President, Kaplansky Agency, MA Increased market share. Rate increases. Continued profitable growth. Crag Shink, Managing Partner, C.H. Shink & Associates, NY A harder market in some segments. Increasing...
Last Chance: Participate in the 2019 Agency Salary Survey
Jan 29 2019 // ALL retail agency owners, principals, producers, CSRs — the entire agency — are invited to participate in Insurance Journal’s exclusive independent insurance agency salary survey. Results will be published in the...
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, Distracted Driving
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Insured Losses from Last Year’s California Wildfires up to $11.4B
Jan 28 2019 // California Insurance Commissioner Ricardo Lara on Monday announced that more than $11.4 billion in insured losses have been reported from the November 2018 fires. That is a 25 percent increase, or more than $2.3 billion,...
Police Say New Hampshire Fatal Crashes Highest in More Than a Decade
Jan 28 2019 // State police say New Hampshire saw more fatal crashes last year than in any year since 2004. WMUR-TV reports New Hampshire State Police said in a report released Friday that there were 145 fatal crashes in 2018. That...
France’s Ban on Glyphosate Expected to Curb 80% of Use by 2021
Jan 25 2019 // France expects to have cut the use of weedkiller glyphosate by 80 percent by early 2021, its agriculture minister said on Friday, less than previously anticipated due to the number of farmers who will qualify for an...
Allianz to Enter Vietnam Insurance Market via Joint Venture with IT Firm FPT Group
Jan 24 2019 // Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding...
Travelers Grew Q4 Profit Despite California Wildfire, Hurricane Michael Losses
Jan 22 2019 // Travelers Cos. reported that despite catastrophe losses from the California wildfires and Hurricane Michael, it boosted its profit in the fourth quarter of 2018 thanks to growth in premiums and investment income. Net...
BLS Survey Shows Louisiana Workplaces Among the Safest in 2017
Jan 22 2019 // According to a recent Bureau of Labor Statistics (BLS) survey, Louisiana remained one of the safest states in which to work, the Louisiana Workforce Commission reported. The state’s rate of non-fatal accidents and...
Industry Trends to Exploit for 2019
Jan 21 2019 // It is time to take out our crystal ball and plan for 2019 and how our insurance industry will be impacted by the trends around us. Those that consider these changes, and plan ahead, will usually be in a better position...
South Dakota Survey Shows Snapshot of Benefits Offered by Employers
Jan 21 2019 // A recent survey released by the South Dakota Department of Labor and Regulation provides a glimpse at the employee benefits being offered to workers by the state’s employers. The Labor Market Information Center on...
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
AM Best: Credit Rating Outlook Negative for Atain Insurance Cos.
Jan 15 2019 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICRs of “a+” of Atain...
2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead
Jan 15 2019 // Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the...
Uncertainty over Brexit Takes Toll on UK Financial Services Sector: Survey
Jan 14 2019 // Uncertainty over Brexit and the economy have led demand for Britain’s financial services to shrink for the first time in five years, with no immediate sign of an improvement, a survey by business group CBI and PwC...
