Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Cyber Sales Slow Down
Nov 21 2016 // For many years, cyber liability has been the hot opportunity for new sales. But that may be over, or at least the pace of sales seem to be slowing. The overall upward trend of organizations purchasing cyber insurance...
Rising Earthquake Risks and Oklahoma’s Insurance Market
Nov 21 2016 // The 5.0 magnitude earthquake that struck near the oil and gas storage hub of Cushing, Oklahoma, on Nov. 6 put the nation on alert to the vulnerability of the country’s oil reserves to the significant increase in...
Will Legal Weed in California Increase Demand for It from Injured Workers?
Nov 21 2016 // Just how legalized weed in California will impact workers’ compensation is still uncertain, but what is certain is that the insurance industry can soon expect to be grappling with issues around paying for marijuana...
Virginia Hemp Crop Harvested for 1st Time in Decades
Nov 18 2016 // Among the many crops grown on Glenn Rodes’ family farm in Rockingham County, this summer was one that has not been cultivated in Virginia for decades but that may have a chance at a comeback now, thanks to a slow...
Earth on Track to Hit Warmest Year on Record: NOAA
Nov 18 2016 // The earth is on track for its warmest year on record after October temperatures equaled the third-warmest for the month ever, a U.S. government agency said on Thursday. October globally was 1.31 Fahrenheit (0.73 Celsius)...
Oregon’s Building Backlog of Food Inspections Increasing Disease Risk
Nov 17 2016 // Rodents, insects and microscopic bacteria: All these hazards can exist in food and where it is stored, and it is up to the Oregon Department of Agriculture to ensure they’re not there. But the department’s Food...
County Farmers in South Carolina Uncertain of Future After Devastating Disasters
Nov 17 2016 // The Double R Farm in South Carolina has produced abundant crops for four generations of Rabon family farmers here, and despite the double whammy of record rains during the October harvest last year and last month’s...
Report Finds New York Officials Aware of Soil Contamination Since 1987
Nov 15 2016 // State officials first uncovered evidence of contaminated soil in parts of an upstate New York city about 30 years ago, but didn’t officially warn residents until last month. An investigation by the Democrat &...
Will Rising Earthquake Risks in Oklahoma Shake Up the Insurance Market?
Nov 14 2016 // The 5.0 magnitude earthquake that struck near the oil and gas storage hub of Cushing, Oklahoma, on Nov. 6 put the nation on alert to the vulnerability of the country’s oil reserves to the significant increase in...
Trump Could Rip Up Decades of Climate Deals in a Year
Nov 11 2016 // It took more than two decades for nations around the world to forge an agreement to save the planet from global warming. Within one year, Donald Trump could leave it in tatters. Trump, who has said climate change is a hoax...
Will Legal Weed in California Increase Demand for It from Injured Workers?
Nov 10 2016 // Just how legalized weed in California will impact workers’ compensation is still uncertain, but what is certain is that the insurance industry can soon expect to be grappling with issues around paying for marijuana...
Fitch Assesses Election Impact on Health Insurance Market
Nov 10 2016 // The election that saw Donald Trump win the presidency and the Republican Party retain control of both houses of congress will significantly increase the probability of the repeal and replacement of the Affordable Care Act...
African Demand for Political & Trade Credit Cover Rises Ahead of Kenya Elections
Nov 10 2016 // African Trade Insurance Agency, an insurer covering political and trade credit risk across 13 nations, said it’s seeing higher demand ahead of elections in Kenya next year. East Africa’s biggest economy is...
Corps: Flood Protection Plan for Souris River Could Cost Up to $1B
Nov 8 2016 // The Army Corps of Engineers has released a draft environmental impact statement for the proposed Souris River flood protection project in North Dakota’s Ward County and is accepting public comments through Dec....
Alabama Couple Accused of Burning Down Home to Claim Insurance
Nov 3 2016 // Authorities say a man and a woman face felony charges after setting their house on fire and then trying to claim insurance for all of their belongings. Police detective Rick Whitfield tells The Birmingham News the...
Number of Minnesota Fire Deaths Decrease Dramatically from 2015
Oct 31 2016 // Fire deaths in Minnesota have decreased this year, down dramatically from 2015. State Fire Marshal Bruce West told Minnesota Public Radio News that there have been 24 deaths from fires so far this year, compared with 49 at...
Drought in Southeast States Wreaking Havoc on Crops, Increasing Fire Risk
Oct 31 2016 // Six months into a deepening drought, the weather is killing crops, threatening cattle and sinking lakes to their lowest levels in years across much of the South. The very worst conditions – what forecasters call...
Public Sector Workplace Injuries, Illnesses Decline in Oklahoma
Oct 27 2016 // Oklahoma public sector employers have reduced the rate of employee injury and illness to 3.8 per 100 workers, down from 4.0 in 2014, the Oklahoma Department of Labor reported. With the recent reduction, Oklahoma has seen a...
Homeowners Insurance Claims, Loss Costs Declining, LexisNexis Report Finds
Oct 27 2016 // A study of home insurance trends reveals good news for home insurance carriers: homeowner claims continue to decrease and loss costs are flat or on the decline. The 2016 LexisNexis Home Trends Report notes that while the...
U.S. Homeowners Insurers’ Premiums Growing But Return on Equity Down: Aon
Oct 26 2016 // The U.S. homeowners insurance market is on track for continued growth in direct premiums for 2016 despite a decreasing return on equity for insurers. U.S. homeowners premium is set to surpass $90 billion for the first...
