Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Liability Costs Continue to Rise for Long Term Care Industry
Nov 20 2017 // The cost of liability continues to increase for the long term care profession, according to the 2017 Long Term Care General Liability and Professional Liability Actuarial Analysis by Aon Risk Consulting and the American...
Impact of Recent Natural Catastrophes on Insurance Market
Nov 20 2017 // Brokers and insureds are wondering what impact the devastation left by Hurricanes Harvey, Irma, Maria and Nate will have on property insurance rates, capacity and coverage terms. Short term, there will likely be an...
Gen Re Marks a Decade of Helping Wounded Warriors at San Antonio Event
Nov 20 2017 // For the past 10 years the Gen Re office in Dallas has been hosting a successful fundraising event in San Antonio for the Wounded Warriors organization. Soldiers who have been seriously wounded while serving in Iraq and...
Impact of Natural Catastrophes on Insurance Market
Nov 20 2017 // Brokers and insureds are wondering what impact the devastation left by Hurricanes Harvey, Irma, Maria and Nate will have on property insurance rates, capacity and coverage terms. Short term, there will likely be an...
Wisconsin Medical Payments per Workers’ Comp Claim Trending Higher
Nov 20 2017 // A new study by Cambridge, Massachusetts-based Workers Compensation Research Institute (WCRI) found that Wisconsin’s medical payments per workers’ compensation claim were higher than typical for 2015 injuries...
Impact of Recent Natural Catastrophes on Insurance Market
Nov 20 2017 // Brokers and insureds are wondering what impact the devastation left by Hurricanes Harvey, Irma, Maria and Nate will have on property insurance rates, capacity and coverage terms. Short term, there will likely be an...
Texas Surplus Lines Premium Up 6% for the Year
Nov 17 2017 // Texas has recorded $4.6 billion in surplus lines premium through the end of October 2017, a 6 percent increase over 2016, according to the Surplus Lines Stamping Office of Texas (SLTX). Providing an update at the annual...
Rate Increases Approved for Texas Automobile Insurance Plan Association
Nov 17 2017 // Texas Insurance Commissioner Kent Sullivan has approved changes in the rates for private passenger and commercial automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA), which is the...
How Consolidation Has Changed Crop Insurance Sector: Conning
Nov 17 2017 // Crop insurance was once a sector full of smaller players, but a mergers-and-acquisitions (M&A)-driven push for efficiency and scale has left it dominated by fewer and larger carriers, and analysts at Conning predict a...
Insurers Urged to Catch Up with Risks of Fast-Growing 3-D Printing
Nov 16 2017 // Insurers are woefully behind in developing a coverage strategy for 3-D printing and stand to face liability problems if they don’t do so, an expert appearing at the PLUS 2017 conference in Atlanta said...
Wineries Looking to Make Up Losses Following California Wildfires
Nov 15 2017 // A month after deadly wildfires swept through California’s famed wine country, hot-air balloons are floating again over Napa Valley vineyards splashed with fall colors. On the heels of the disaster, a new winery is...
Pharmacy Cost in Workers’ Compensation Continues to Fall: CompPharma Survey
Nov 15 2017 // Workers’ compensation payers saw an average 11 percent reduction in their pharmacy spend in 2016, driven by a 13.3 percent reduction in opioid cost, according to an annual survey by pharmacy benefit manager...
Maine’s The MEMIC Group Hires Bialek to Support New York Market Growth
Nov 14 2017 // The MEMIC Group, a Portland, Maine-headquartered workers’ compensation specialist, has hired Tammy Bialek as senior production underwriter to support growth within the New York market. Bialek has more than 25 years...
As China’s Insurance Market Liberalizes, There Will Be Many Winners: Opinion
Nov 13 2017 // Foreign insurers, especially AIA Group Ltd., can break out the champagne: China’s opening of its financial markets is great news. The day after U.S. President Donald Trump left Beijing with billions of dollars of...
Florida Approves Workers’ Comp Rate Decrease of Nearly 10%
Nov 13 2017 // Florida Insurance Commissioner David Altmaier has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall rate level decrease of 9.5 percent and premium level...
Starr Reaffirms Commitment to Singapore Insurance Market with Subsidiary SIIS
Nov 8 2017 // Starr Cos. reaffirmed its commitment to the Singapore insurance market, despite the fact it has decided to discontinue underwriting new business through the Starr Singapore Underwriting Agents, representing its...
Insurance Agents Regained Organic Growth Momentum in Q2: Reagan
Nov 7 2017 // Insurance agencies and brokerage firms reported that their organic growth rebounded to 4.6 percent in the second quarter of 2017, a reversal from the 3.9 percent reported in the first quarter, which was the weakest growth...
Gen Re Marks a Decade of Helping Wounded Warriors at San Antonio Event
Nov 6 2017 // For the past 10 years the Gen Re office in Dallas has been hosting a successful fundraising event in San Antonio for the Wounded Warriors organization. Soldiers who have been seriously wounded while serving in Iraq and...
New Insurance Lines Will Help Emerging Marijuana Market
Nov 5 2017 // The end of Prohibition in 1933 was greeted with celebrations, as newspapers slapped large-type headlines on their front pages declaring, for instance, that “Prohibition Ends At Last.” President Franklin Delano...
October Commercial Insurance Renewal Rates Up Except Workers’ Compensation: IVANS Index
Nov 3 2017 // In October, premium renewal rates were up for the majority of standard commercial lines products, with workers’ compensation remaining the major line where rates did not go up, according to IVANS Index that tracks...
