Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Homesharing Giant Airbnb Faces Rising Legal, Regulatory Risks in Big Cities
Oct 24 2016 // Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning. In eight years of torrid growth, the company has often clashed with local public officials seeking to minimize the...
It’s Official: Florida Workers’ Comp Rates Going Up Nearly 15%
Oct 24 2016 // The Florida Office of Insurance Regulation (OIR) has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for an overall combined statewide average rate increase of 14.5 percent....
Special Report: 6 Cyber Security Trends to Watch in 2017
Oct 24 2016 // As 2016 winds down and the insurance industry begins to adjust its business and marketing strategies for the new year, cyber criminals are doing exactly the same thing – reviewing their successes and failures, attempting...
Q2 Report: P/C Insurers’ Direct Premium Written Up 3.6 Percent
Oct 24 2016 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2015, approximately $585 billion DPW was reported, a record-high. For 2015, total DPW for all P/C...
State Regulators Say Pennsylvania Health Insurance Premiums to Rise
Oct 20 2016 // State regulators say the cost of health insurance premiums will be going up sharply next year for residents who buy individual plans. The state Department of Insurance said Monday that insurance company rates, based on...
Earthquake Policy Sales up, and May Continue to Rise Following ShakeOut
Oct 17 2016 // Powered by InsuranceJournal.tv It’s still a few days until the annual Great ShakeOut earthquake drills during which people in homes, schools, and organizations practice what to do during earthquakes – the events...
10 Takeaways from the Future of Insurance and InsureTech Connect Conference
Oct 17 2016 // You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October attracted an...
Kansas Traffic Fatalities in 2016 Up 16%
Oct 13 2016 // Kansas transportation officials say more than 300 people have died in traffic accidents this year, a 16 percent increase over the same period in 2015. Kansas Department of Transportation traffic safety manager Chris Bortz...
Emerging Markets to See Strong Non-Life Premium Growth in Years Ahead: JLT Re
Oct 12 2016 // Despite recent slowdowns, emerging economies are expected to outperform advanced markets over the next five years, according to a report published by JLT Re. The emerging economies examined in the JLT Re study are also...
Workers’ Comp Rates in Idaho to Decrease for 2017
Oct 11 2016 // The Idaho Department of Insurance has received a proposal from the National Council on Compensation Insurance for an overall rate drop of 1.2 percent percent in workers’ compensation insurance to become effective...
It’s Official: Florida Workers’ Comp Rates Going Up Nearly 15%
Oct 11 2016 // The Florida Office of Insurance Regulation (OIR) has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for an overall combined statewide average rate increase of 14.5 percent....
Medical Malpractice Liability Premiums Remain Flat: Survey
Oct 10 2016 // The medical malpractice insurance industry’s premiums remain essentially flat, having dropped only very slightly (0.1 percent) from last year across the industry, according to the 2016 Medical Liability Monitor...
Ohio Home, Auto Insurance Rates Up Slightly but Still Among Nation’s Lowest
Oct 10 2016 // The Ohio Department of Insurance (ODI) reports that average premiums for auto and home insurance in the state rose in 2015 but not by much. The average rate changes in 2015 for Ohio’s top 10 homeowners and private...
Why Claims Under Americans with Disabilities Act Are Rising
Oct 7 2016 // Americans with Disabilities Act (ADA) Title III lawsuits are up 63 percent over 2015, according to law firm Seyfarth Shaw. ADA Title III prohibits businesses open to the public from discriminating on the basis of...
Ag Cooperatives’ Profits Rise in 2015 to a Record $7B
Oct 7 2016 // Agriculture cooperatives posted record profits last year highlighting the business model the U.S. Department of Agriculture says provides more than 2 million jobs. The USDA says in a report on Oct. 4 net income for the...
The Hanover Expands BOP for Small Businesses, Increases Coverage Limits
Oct 7 2016 // The Hanover Insurance Group demonstrates further commitment to supporting small businesses with significant enhancements to its business owner’s policy (BOP) base form and product offerings, adding coverages and...
P/C Insurers Report $1.5B Net Underwriting Loss in First Half of 2016
Oct 5 2016 // Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016— the first year-to-date net underwriting loss in more than three years— and saw their net income after...
Outlooks Revised to Negative for Texas Farm Bureau Casualty Insurance, Subsidiary
Oct 5 2016 // A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Texas Farm Bureau Casualty Insurance Co....
London Insurance Market Prepares to Hold Catastrophe Response Test
Oct 5 2016 // The London insurance market plans to test its response this month to a major catastrophe on the scale of the 9/11 attacks, the chairman of insurer Hiscox said on Tuesday. While insurers have coped with regular hurricanes,...
Medical Marijuana Question OK’d for Future Oklahoma Ballot
Oct 4 2016 // A petition that would legalize medical marijuana in Oklahoma will go before voters in a future election after a 10-day period that allowed for challenges over the validity of the signatures expired this week. Supporters of...
