Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Insurance Sector Struggles to Innovate: KPMG International Survey
Sep 17 2015 // While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a KPMG International report...
Public Sector Injuries Down in Oklahoma
Sep 16 2015 // The Oklahoma Department of Labor is reporting a decrease in the illness and injury rate among public sector employers in the state. The agency reported that Oklahoma has seen a 44 percent decrease over the past 15 years...
Guy Carpenter Report Examines Major Emerging Risks Facing Re/Insurers
Sep 16 2015 // A report published by Guy Carpenter & Co., released Sept. 2015, identified four key areas of emerging risk for re/insurers: cyber risk, technology risk, casualty catastrophe and reserving, and life, health and...
Commercial Insurance Prices Up But Barely: Survey
Sep 15 2015 // Commercial insurance prices increased in aggregate at a modest pace (one percent) during the second quarter of 2015, continuing a trend of ever smaller increases. That’s according to the latest Commercial Lines...
Guy Carpenter Execs Discuss Reinsurance Trends at Rendez-Vous Panel
Sep 14 2015 // Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new...
Who Will Be Next? M&A Trends to Be Eyed at Monaco Reinsurance Meeting
Sep 11 2015 // A prolonged decline in global reinsurance prices is spurring merger moves in the sector, with many executives attending next week’s annual industry meeting in Monte Carlo eyeing who might next become predator or...
Uncertainty Reigns Over Future of 9/11 Health Programs
Sep 11 2015 // Two federal programs that promised billions of dollars in compensation and medical care to sick 9/11 responders and survivors are set to expire next year, meaning a new round of uncertainty for people exposed to the toxic...
Insurance Costs to Decrease in Mississippi County After Fire Ratings Lowered
Sep 10 2015 // The Mississippi Rating Bureau has lowered the fire ratings in two areas of West Jackson County, Miss., a move that can lower fire insurance costs for homeowners and businesses. The Sun Herald reports the Mississippi State...
Survey: Many Drivers Unaware of Auto Safety Technology
Sep 9 2015 // Adaptive cruise control has been an option on some cars for almost a decade. But in a recent national survey, 65 percent of U.S. drivers didn’t know what it was. The survey, by the University of Iowa Public Policy...
Xuber Survey Finds London Insurance Execs Fear ‘Brexit’
Sep 8 2015 // Xuber, Xchanging’s insurance software business, has published a survey, which concludes that almost three-quarters (71 percent) of insurance executives believe a UK exit from the European Union would be bad for...
BHSI Enters Australia Construction Insurance Market; Appoints Team Execs
Sep 8 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its...
Citizens Highlights ‘Disturbing’ Water Loss Trend at FLOIR Rate Hearing
Sep 7 2015 // Representatives from Florida’s Citizens Property Insurance Corp. delved into and defended their rate filing for 2016, which included significant increases in many Florida regions, before the Florida Office of...
Survey Examines Agents’ Views of Agency Aggregators
Sep 7 2015 // About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don’t already belong to an aggregator want their firms to join one, a fact...
Stamping Offices Report Moderate Growth in U.S. Premium
Sep 7 2015 // Collectively, the 14 U.S. surplus lines stamping offices have reported moderate growth in surplus line premiums during the first half of 2015. Approximately 60 percent of all surplus lines insurance is processed by...
Insurers Look to Cyber, M&A Coverage as Prices Decline: Marsh
Sep 7 2015 // Commercial insurance rates continued their global decline in the second quarter of 2015, a trend driven by an abundance of global capacity and a lack of large insured loss activity, Marsh said in its latest Global...
Earthquake Coverage Increasingly Expensive, Hard to Find in Missouri
Sep 7 2015 // Missouri is the third largest market for earthquake insurance in the U.S., after California and Washington, but the coverage is getting more expensive and scarcer in high-risk areas, state insurance officials say. On...
Top 3 Trends that Can Affect Residential Property Valuations
Sep 4 2015 // This post is part of a series sponsored by CoreLogic. Accurate property valuation is critical to insurers as well as homeowners. In the event that a property is undervalued, insurers lose out on premium revenue while the...
Millennials Prefer Usage-Based Insurance: Survey
Sep 3 2015 // More drivers aged 18 to 34, or millennials, are interested in usage-based auto insurance policies than are drivers in all other age groups. More millennials (88 percent) are interested in taking out a UBI, also known as...
Delaware Compensation Rating Bureau Seeks Loss Costs Increase
Sep 3 2015 // The Delaware Compensation Rating Bureau (DCRB) announced that it has submitted to the Delaware Department of Insurance a filing of revisions to the state’s Residual Market Plan, voluntary market loss costs and...
Towers Watson & Cambridge to Provide Usage-Based Auto Insurance Market Info
Sep 3 2015 // Global professional services company Towers Watson and Cambridge Mobile Telematics (CMT), a telematics technology provider will use “advanced mobile sensing, data analytics and behavioral science,” in an...
