Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Motor Vehicle Deaths Declined 1% in 2017
Aug 16 2017 // Preliminary data show U.S. motor vehicle deaths and injuries were down slightly in the first six months of 2017, although they were still significantly higher than they were two years ago, according to the National Safety...
Obamacare Individual Premiums Would Rise 20% Without Insurer Subsidies: CBO
Aug 16 2017 // Health insurance premiums for many customers on the Obamacare individual insurance markets would be 20 percent higher in 2018 if U.S. President Donald Trump follows through on a threat to stop billions of dollars of...
What Agents Want from Carriers in 2022: Survey
Aug 14 2017 // Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite...
Reinsurers Invest in Fintech Startups to Diversify and Grow in Soft Market
Aug 11 2017 // When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally in Munich Re, the world’s biggest reinsurer. The German company had just teamed up with a...
American Meteorological Society Report Confirms 2016 Was Warmest Year on Record
Aug 10 2017 // A new State of the Climate report released today by the American Meteorological Society has confirmed that 2016 surpassed 2015 as the warmest year in 137 years of recordkeeping. The report was compiled by the National...
Demand for Cyber Insurance in China Expected to Rise After WannaCry Attack: AIG
Aug 9 2017 // Demand for cyber insurance from firms in Greater China and elsewhere in Asia is poised to soar, based on inquiries received after the “WannaCry ransomware” attack earlier this year, executives at American...
Updated Atlantic Hurricane Forecast Calls for More Storms as El Nino Fades
Aug 7 2017 // Researchers again boosted the number of storms the Atlantic may produce before the hurricane season ends as a missing Pacific El Nino and warm waters present favorable storm conditions. As many as 16 named storms may form...
Needs of Flood-Damaged Small Businesses in Louisiana Sought in Survey
Aug 7 2017 // Louisiana’s flood recovery program is trying to determine the needs of flood-damaged companies by asking small businesses to fill out a statewide survey. The small business survey is expected to take about 10 minutes...
Future of Job-Based Health Insurance Seems Secure
Aug 7 2017 // Are employees worried about losing their health insurance from their employer? The ongoing political turmoil around “Obamacare” all but guarantees they’ll still be able to do that. Ask Walt Rowen, whose...
5 Companies Agree to Fill Gaps in Ohio’s Individual Health Insurance Market
Aug 7 2017 // Five health insurance companies in Ohio, including Molina Healthcare Inc., have stepped up to sell health plans in 19 counties that would have been without Obamacare individual coverage in 2018, the state’s insurance...
Top 25: P/C Direct Premium Written Up 4.8 Percent
Aug 7 2017 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2016, approximately $606 billion of DPW was reported, a record high for the industry. For 2016,...
Surplus Lines Insurance Premium Up Nationwide
Aug 7 2017 // A mid-year compilation of excess and surplus (E&S) insurance premium amounts by the Surplus Lines Stamping Office of Texas (SLTX) shows a 6.6 percent increase in premium nationally compared with the same period last...
Insurers Respond to Rising Claims Abuse
Aug 7 2017 // Whenever severe weather strikes and there is property damage, insurers are among the first responders to help throughout the recovery process. However, in too many cases, some shady contractors, public adjusters and...
California Earthquake Authority Policy Sales up 5.4% in 2Q from Year Ago
Aug 7 2017 // Californians may be getting the idea that they live in earthquake country. That’s the underlying message that can be found in the latest figures out from the California Earthquake Authority. The CEA, a...
A.M. Best Revises Outlook to Negative for New York’s Country-Wide
Aug 7 2017 // A.M. Best has revised its outlook to negative from stable for Country-Wide Insurance Company, a family-owned auto insurance company based in New York, N.Y. A.M. Best also affirmed Country-Wide’s Financial Strength...
AIG Joins Other Insurers in Moving Away from Financial Forecasts
Aug 4 2017 // Brian Duperreault, the new chief executive officer of American International Group Inc., said the company will scale back the projections it provides to Wall Street after his predecessors were burned by goals that proved...
Commercial Lines Insurance Renewal Rates Continued Rising in July: IVANS
Aug 2 2017 // In July 2017, premium renewal rate change for the majority of standard commercial lines products remain in positive territory. Workers’ compensation was the one product that trended negatively, dipping below -1.00...
CNA Reports ‘One of Best Quarters’ in Decade in Q2
Aug 1 2017 // CNA Financial Corp. saw its second quarter net income climb at a robust clip and catastrophe losses along with its combined ratio shrink. Chairman and CEO Dino Robusto said the results were better than the...
California Earthquake Authority Policy Sales up 5.4% in 2Q from Year Ago
Jul 31 2017 // Californians may be getting the idea that they live in earthquake country. That’s the underlying message that can be found in the latest figures out from the California Earthquake Authority. The CEA, a...
Turkey’s Insurers Gear Up for Spate of Claims After 2nd Major Storm in 10 Days
Jul 28 2017 // The Borsa Istanbul Insurance Sector Index dropped as much as 2.5 percent on Friday after a brief but ferocious storm in Istanbul on Thursday showered the city with hail as large as golf balls, shattering windows, denting...
