Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
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...
P/C Direct Premium Written Up 6.1 Percent
Oct 15 2018 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2017, more than $636 billion of DPW was reported, a record high for the industry. For 2017, total...
Texas to See More Frequent 100-Year Rain Events, Study Says
Oct 15 2018 // Decades of additional weather data have led federal officials to reconsider rainfall totals in Texas that define 100-year weather events and caution that extreme rainstorms will strike the state more frequently. The...
Texas Governor Extends Time for Ruling on Windstorm Rate Increase Filing
Oct 12 2018 // Texas Gov. Greg Abbott has effectively extended until June 16, 2019, the deadline for approval or disapproval of a recent rate increase filed by the Texas Windstorm Insurance Association. The governor did so by suspending...
Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion
Oct 12 2018 // Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy. Based on the edge of Berlin’s trendy...
Cryptocurrency Theft Soars to $927 Million During 1st Nine Months of 2018: Report
Oct 12 2018 // Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from...
Workers’ Comp Rates to Decline in Kansas Next Year
Oct 11 2018 // For the fifth consecutive year, many Kansas business owners will pay less for workers’ compensation insurance again in 2019, the Kansas Insurance Department reported. “With another rate decrease, Kansas...
