Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
6 Things to Know About the Private Flood Insurance Market
Jul 2 2018 // Below are highlights from Insurance Journal’s recent report on “Top Private Flood Insurers, 2017 Market Study.” For additional information, or to download the full report visit:...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Rising Homeowners Losses Hurt P/C Insurers: Fitch
Jul 2 2018 // Personal lines underwriting losses rose in 2017 for the fourth year in a row, Fitch Ratings found in a new report. There’s a twist, however. In the three years prior to 2017, personal auto insurance contributed...
Middle Market U.S. Manufacturers Predict Growth, Changing Risk as Technology Transforms the Industry: Report
Jul 2 2018 // The business climate for manufacturing in the U.S. has improved over the past few years, driving both revenue and employment growth for middle market manufacturers. But the industry is also experiencing a period of...
Report: California Self-Insured Workers’ Comp Claims Rose Only Slightly Last Year
Jul 2 2018 // California public self-insured workers’ compensation claims from fiscal year 2016-2017 rose less than 0.4 percent compared to the corresponding data from the prior year despite a 2.9 percent increase in covered...
Chinese Tech Firms Seek to Shake Up State-Run Health Sector with AI and Big Data
Jun 29 2018 // In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data. The system, which involves sending information to...
North Carolina Approves 4.8% Statewide Dwelling Rate Increase
Jun 28 2018 // The North Carolina Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposal for an 18.9 percent dwelling insurance rate increase and instead reached a settlement that will...
California Workers’ Comp Division Says Temporary Total Disability Rates to Increase for 2019
Jun 26 2018 // The 2019 minimum and maximum temporary total disability rates will increase on Jan. 1, 2019, the California Division of Workers’ Compensation announced on Tuesday. The minimum TTD rate will increase from $182.29 to...
Generali Expands Stake in India’s Future Group to 49%
Jun 26 2018 // Generali Group announced it has signed an agreement with Future Group to increase its stake in its insurance ventures in India to 49 percent from 25.5 percent. Generali’s presence in India is currently in the form of...
Most Global Organizations Fail to Learn from Cyber Mistakes: WTW Survey
Jun 22 2018 // A majority of executives around the world feel their organizations can do better when it comes to learning from their past cyber mistakes, according to the results of a global survey conducted by The Economist Intelligence...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Report: California Self-Insured Workers’ Comp Claims Rose Only Slightly Last Year
Jun 21 2018 // California public self-insured workers’ compensation claims from fiscal year 2016-2017 rose less than 0.4 percent compared to the corresponding data from the prior year despite a 2.9 percent Increase in covered...
Florida’s Citizens Delays Decision on Proposed 2019 Rate Increases
Jun 21 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Survey: Floridians Still Not Adequately Prepared for Hurricane Season
Jun 20 2018 // Just six months after the punishing 2017 season battered the Sunshine State, most Floridians are still not prepared for the potential assault of another hurricane season, according to a survey by the FAIR Foundation. The...
Rising Homeowners Losses Hurt P/C Insurers in 2017: Fitch
Jun 18 2018 // Personal lines underwriting losses rose in 2017 for the fourth year in a row, Fitch Ratings found in a new report. There’s a twist, however. In the three years prior to 2017, personal automobile insurance contributed...
Commercial Insurance Prices Increase First Time in 3 Years
Jun 18 2018 // Commercial insurance prices in the U.S. increased modestly in the first quarter of 2018, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing...
Global Commercial Insurance Market to Grow $170B in P/C Premium By 2021: Aon Inpoint
Jun 18 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017, and by 2021, they will rise to nearly $900 billion. U.S. commercial P/C insurance premiums were worth $274.5 billion in...
Report Says Record Number of Data Breach Notices Filed in New York in 2017
Jun 18 2018 // The New York Attorney General’s Office (NYAG) this year released a report outlining a record number of data breach notices filed with the office in 2017 – the highest since NYAG started receiving data breach...
Nevada Motorists Face July 1 Auto Insurance Rate Increase
Jun 18 2018 // Nevada state officials are reminding as many as 600,000 vehicle owners they could face auto insurance rate increases July 1, when minimum liability coverage requirements go up. Officials announced earlier that almost one...
WCIRB: California Workers’ Comp Written Premium to be Down Again This Year
Jun 15 2018 // Lower workers’ compensation rates in California will bring down written premium once again this year, according to a forecast from the Workers’ Compensation Insurance Rating Bureau. That revelation is expected...
