Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
5 Trends Driving Change in Insurance Distribution
Jan 25 2016 // The property and casualty (P/C) industry is in a great position for further growth in the upcoming year. Robust economic recovery along with the entry of new products and services have enhanced the industry’s...
Outlook for U.S. Commercial P/C Insurance Still Negative
Jan 25 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty industry, despite relatively solid aggregate results over the past several years. The...
Insurance Noodle Expands Quoting to Homeowners Insurance Market
Jan 22 2016 // Insurance Noodle, a membership-based online platform for insurance agents, has rolled out its new homeowner’s insurance quoting capabilities. Agents who join Insurance Noodle can now access homeowner’s quotes...
Property Crimes Down, Violent Crime Up: FBI
Jan 22 2016 // The overall number of property crimes declined in the U.S. while the number of violent crimes rose for the first six months of 2015 compared to 2014. The FBI report — Preliminary Semiannual Uniform Crime Report— is...
Survey of Economists Shows Climate Change Impact Sooner, More Severe
Jan 21 2016 // The impact from climate change is more imminent than most believe, and it’s going to take a big economic chunk out of a lot of bottom-lines. That’s according to a recent report from the Institute for Policy...
Florida’s Citizens Policy Count Reaches Lowest Level on Record
Jan 21 2016 // Florida’s Citizens Property Insurance Corporation announced Jan. 20 that it has reduced its policy count to under 500,000. The company said in a statement that its policy count on Jan. 19 was 484,788, the lowest...
AIG Increases Global Commercial Property Limits to $2.5B
Jan 19 2016 // American International Group, Inc. (AIG) has significantly raised available global commercial property limits to $2.5 billion per occurrence. According to the company, the move responds to the growing demand for capacity...
N.Y. Aims to Improve Storm Forecasts With Automated Weather Stations
Jan 19 2016 // Counting every raindrop or measuring every gust of wind is impossible, but New York is getting closer with a uniquely extensive statewide system of automated weather stations that should paint a dramatically clearer...
Climate Change, Migration Top List of Global Risks: WEF Survey
Jan 14 2016 // Climate change and large-scale forced migration are the greatest risks facing the world according to a survey by the World Economic Forum, the organizer of next week’s meeting in Davos. The 2016 report, published...
Insured Nat Cat Losses 31% Below Average During 2015: Aon Benfield Report
Jan 14 2016 // Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009, said a report issued by...
Nations Must Wake Up to Catastrophic Potential of Pandemic Risk: Report
Jan 14 2016 // In October of 2000, an Ebola outbreak was detected in Gulu, Uganda. The virus spread across the country, infecting 425 people and killing over half of them. It was a wakeup call for the African nation, but apparently not...
Preliminary Data: Kansas Saw Big Increase in Tornadoes in 2015
Jan 11 2016 // Kansas’ 124 confirmed tornadoes in 2015 were 83 more than the previous year, tying for the fourth highest number since 1990, according to the National Weather Service’s preliminary data. Eric Metzger, a...
California Earthquake Authority’s 2016 Changes Aim to Increase Policy Count
Jan 11 2016 // It’s about the closest thing to DIY earthquake insurance as one can get, though there’s definitely no indication that the newest consumer-friendly features being rolled out by the California Earthquake...
Massachusetts Homeowners Express Concern Over Rising Rates
Jan 11 2016 // The Massachusetts Division of Insurance recently published on its website written public comments that were received in conjunction with the Division’s informational hearings on the Massachusetts home insurance...
Florida Lawmakers to Industry: We Want YOU to Join State Flood Insurance Market
Jan 11 2016 // We think the time is right for you all to explore the [Florida] flood insurance market.” That was the message Florida Senator Jeff Brandes gave insurance industry attendees at the first ever Florida Flood Insurance...
Outlook for U.S. Commercial P/C Insurance Still Negative: A.M. Best
Jan 8 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the past several years. The...
2015: Second ‘Hottest’ Year on Record in U.S. Included 10 Major Weather Events
Jan 8 2016 // Last year was the second hottest on record in the contiguous United States, and included 10 major weather and climate events, such as droughts and storms, that each led to over $1 billion in damages, the National Oceanic...
Traffic Deaths Increased 13% in Wisconsin in 2015
Jan 7 2016 // Wisconsin transportation officials say traffic deaths increased by 13 percent in 2015. The state ended the year with 556 fatalities, up from 494 in 2014. Department of Transportation officials said in a news release that...
Tennessee Sees Sharpest Increase in Pedestrian, Bicycle Deaths Since 1984
Jan 7 2016 // Tennessee officials have recorded more pedestrian and bicycle deaths in 2015 than in any other year in the past two decades. WPLN reports that statistics show 120 pedestrians and bicyclists had died as of Dec. 29. By...
Boating Fatalities Increased in Minnesota in 2015
Jan 7 2016 // Minnesota closed out 2015 with its highest level of boating fatalities in a decade. Minnesota had 18 boating-related deaths last year, preliminary figures from the Department of Natural Resources show. That’s the...
