Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
As Deaths, Injuries Pile Up, So Do Claims Against Electric Scooter Firms
Oct 31 2018 // A lawsuit targeting electric scooter-sharing companies seizes on the dangers of zipping around town on two wheels and brings gory detail to one of the more polarizing technology trends to emerge over the last year. Nine...
Final Insured Loss for Germany-Austria’s Storm Herwart Rises to €264M: PERILS
Oct 30 2018 // The final estimate of insured property losses for Extratropical Cyclone Herwart, which primarily affected Austria and Germany on Oct. 29, 2017, is €264 million (US$300.6 million), according to PERILS, the independent...
Uber Court Case in London Could Determine Future of UK’s Gig Economy
Oct 30 2018 // Just months after Uber Technologies Inc. persuaded a London judge to allow it to keep operating in the city, the ride-hailing company is back in court. At stake this time is an issue that could strike at the core of the...
A.M. Best Revises Outlooks to Stable for Agency Insurance Company of Maryland
Oct 26 2018 // A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ for Agency Insurance Company of Maryland Inc. (AIC), based...
GM Hitting Bumps on $5 Billion Road to Driverless Cars by 2019
Oct 25 2018 // It’s one of the biggest bets going in the world of cars. Since May, General Motors Co. and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan’s SoftBank Group Corp. and...
North Carolina Approves 17.2% Rate Decrease for Workers’ Comp
Oct 25 2018 // The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North Carolina Insurance Commissioner Mike Causey, according to a statement from the...
Survey: Florida Keys Population Fell by Nearly 3K After Hurricane Irma
Oct 25 2018 // An annual population survey in the Florida Keys shows how many people left the island chain after Hurricane Irma last year. The Bureau of Economic and Business Research at the University of Florida found that every Keys...
Insurance Linked Securities Move from ‘Alternative’ to Mainstream: WTW Survey
Oct 24 2018 // The insurance-linked securities (ILS) market is here to stay, said a new survey from Willis Towers Watson. End investors, ILS funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss...
Delaware Workers’ Comp Insurance Rates Decrease for Second Year in a Row
Oct 23 2018 // Workers’ compensation insurance rates will decrease for the second year in a row in Delaware, effective December 1, 2018. “I am delighted to approve yet another decrease in workers’ compensation rates in...
Premium Price for ACA Policies to Decline in Louisiana
Oct 22 2018 // People searching for health insurance policies in Louisiana will likely fare better than those in many other states as the Nov. 1 annual open enrollment period approaches for the individual marketplace. The Advocate...
London’s Biggest Private Taxi Firm Aims to Roll Out Self-Driving Cars by 2021
Oct 22 2018 // A fleet of autonomous taxis could roll onto the streets of the U.K. capital within three years, after one of London’s biggest private-hire taxi companies struck a deal with a maker of autonomous vehicle...
UK Businesses Roll Back Investment as Brexit Uncertainty Bites: Survey
Oct 21 2018 // Four-fifths of U.K. companies have cut or withheld investment because of the uncertainty caused by Brexit, Britain’s biggest business lobby said. Some 58 percent of businesses have made plans to cut jobs, adjust...
Everest Re and Argo Report Net Catastrophe Loss Estimates for Q3 2018
Oct 19 2018 // Everest Re Group Ltd. and Argo Group International Holdings Ltd. announced their preliminary pre-tax catastrophe loss estimates for the third quarter, ended Sept. 30, 2018. Bermuda-based Everest Re’s estimated...
CoreLogic & Academic Institutions: The Future of Catastrophe Risk
Oct 18 2018 // This post is part of a series sponsored by CoreLogic. First on the Market Ten years ago, CoreLogic® (at the time, EQECAT) introduced the use of global Atmosphere-Ocean-General-Circulation Models (AOGCM) for...
15 Emerging Risks from Policies to Playgrounds, Sandboxes to Scooters
Oct 18 2018 // When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form. While cyber obviously poses tremendous risks, some...
Florida Orders Insurers to Halt Rate Hikes; Sets Up Hurricane Michael Claims Village
Oct 16 2018 // Florida’s insurance regulator has issued an emergency order that ensures “additional protections” to Florida policyholders – including freezing any rate hikes for 90 days – to support recovery efforts...
A.M. Best Revises Outlooks to Stable for Aspire General in California
Oct 15 2018 // A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Aspire General Insurance Co. in Rancho...
Opioid Overdoses in Maryland Increase in First Six Months of 2018
Oct 15 2018 // Statistics show the number of opioid-related overdoses in Maryland increased 14.8 percent over the first six months of 2018 compared with the same period last year. According to data released Friday by the Maryland...
Tennessee Drug Overdose Deaths Rise Again in 2017
Oct 15 2018 // The number of Tennessee residents who died of drug overdoses has risen more than 8 percent, setting another record in 2017. The state Health Department said 1,776 Tennesseans died from overdoses last year, the most since...
Fatal Car Crashes Fell 2% in 2017; 2018 Appears to Follow Trend
Oct 15 2018 // Final U.S. highway fatality numbers for 2017 are down following two consecutive years of large increases. In addition, preliminary estimates for the first six months of 2018 appear to show that this downward trend...
