Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Keystone Pipeline Leak Likely Caused by 2008 Construction Damage: Report
Nov 30 2017 // A federal agency says a leak in TransCanada Corp.’s Keystone oil pipeline in South Dakota likely was caused by damage during construction in 2008. The Pipeline and Hazardous Materials Safety Administration issued a...
Trending in 2017
Nov 27 2017 // Within a month, we’ll be archiving our 2017 whitepapers and reports, as we seek the most current content available for 2018. For those of you new to Research & Trends, here is a chance to review and easily locate...
Commercial Insurance Rate Decreases Slowing Globally: Marsh
Nov 22 2017 // Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to...
Small Businesses Want More Self-Service Workers’ Comp Tools: Survey
Nov 22 2017 // Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better...
North Carolina Rate Bureau Requests 18.7% Increase for Homeowners Insurance
Nov 21 2017 // The North Carolina Rate Bureau has filed notice with the N.C. Department of Insurance request a statewide average increase in homeowners insurance rates of 18.7 percent for 2018, according to Insurance Commissioner Mike...
Deal Activity on Record Pace: MarshBerry
Nov 20 2017 // Deal count is on record pace for the first nine months of 2017 (year-to-date, Sept. 30, 2017). There were 357 transactions during this period. By comparison, 334 transactions closed during the same year-to-date period in...
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...
