Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Initial Unemployment Claims Rise in Louisiana
Jan 2 2015 // The state labor department says first-time claims for unemployment insurance in Louisiana for the week ending Dec. 20 increased to 2,531 from the previous week’s total of 2,506. For the comparable week a year...
The Two Year Reduction in Natural Hazard Damage: A Long-Term Trend?
Dec 29 2014 // This post is part of a series sponsored by CoreLogic. Natural hazards continue to pose a significant risk to properties in the United States and abroad. As we near the close of 2014, it is important to take time to...
Fire Deaths Up Slightly in Alabama in 2014
Dec 24 2014 // Fire deaths are up slightly this year in Alabama over 2013. The state fire marshal’s office says 86 people have died in fires so far this year in the state. That’s four more fatalities than during the same...
NYC Fire Department on Pace to Have Its Busiest Year on Record
Dec 22 2014 // The Fire Department of the City of New York is on pace to have its busiest year on record, according to city officials. New York City Mayor Bill de Blasio and FDNY Commissioner Daniel Nigro said last week that the...
PCRB Proposes 5.99% Average Workers’ Comp Loss Cost Decrease in Penn.
Dec 19 2014 // The Pennsylvania Compensation Rating Bureau (PCRB) has submitted a filing of Pennsylvania loss costs and related rating values with a proposed effective date of April 1, 2015. PCRB said in its Circular No. 1636 on Dec. 15...
Work-Related Injuries, Illnesses Requiring Days Off Decreased in Texas in 2013
Dec 19 2014 // Private industry employers in Texas reported 51,890 cases involving days away from work and an incidence rate of 66.6 injuries and illnesses per 10,000 full-time equivalent employees in 2013, the Texas Department of...
Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL
Dec 19 2014 // Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The...
Mass. Vehicle Thefts Down 90% From Peak in 1975, Report Shows
Dec 17 2014 // From its peak auto theft year in 1975 when 91,563 vehicles were stolen, Massachusetts has experienced a significant decline ending 2013 with 9,122 thefts. That’s a reduction of 90 percent since 1975, according to the...
NICB: Vehicle Thefts in New York Down 92% From Peak in 1990
Dec 17 2014 // From its peak auto theft year in 1990 when 187,591 vehicles were stolen, New York has experienced a significant decline ending 2013 with 15,482 thefts. That’s a reduction of 92 percent since 1990, according to the...
Technology Dominates Texas-Based Group’s Fraud Predictions for 2015
Dec 17 2014 // Technology will give fraudsters an edge in 2015, but it will also provide new tools for organizations and investigators, according to three experts from the Austin, Texas-based Association of Certified Fraud Examiners...
Ohio Vehicle Thefts Down 64% from Peak in 1991
Dec 17 2014 // From its peak auto theft year in 1991 when 54,744 vehicles were stolen, Ohio has experienced a significant decline ending 2013 with 19,532 thefts. That’s a reduction of 64 percent since 1991, according to the...
Top 10 Casualty Insurance Trends for 2015: Marsh
Dec 17 2014 // While casualty insurance rates remain stable overall and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. The...
Vehicle Theft in California Down 48 Percent From Peak, Report Shows
Dec 16 2014 // The National Insurance Crime Bureau today released a historic look at vehicle theft in California that shows thefts dropped from a peak year in 1992 more than a 48 percent to 2013. California has the distinction of being...
Missouri DOI Recommends Workers’ Comp Rate Decrease
Dec 15 2014 // The Missouri Department of Insurance is recommending a 4.4 percent decrease in workers’ compensation insurance loss costs for 2015. The key driver of the decrease is the favorable loss experience in 2012, according...
Survey: Michigan Business Owners Optimistic About Future
Dec 15 2014 // Michigan Business owners remain optimistic about their future and expect continued profit improvement, according to the latest Michigan Future Business Index, published in partnership with Accident Fund Insurance Company...
Drunk-Driving Deaths Down 47% Since 2003 in Wisconsin
Dec 15 2014 // Fewer Wisconsinites are being hurt or killed in drunken-driving accidents. The Wisconsin Department of Transportation says 185 people died in alcohol-related crashes last year — down 47 percent since 2003. Injuries from...
Willis Sees No Impact on Coverage from UK’s Pool Re Rate Increases
Dec 15 2014 // The announcement by the UK government that it planned to raise premium rates for its ultimate backup reinsurer Pool Re initially raised fears that coverage through the system could be diminished. Willis noted, however,...
North Carolina Approves Decreases in Voluntary, Residual Market Workers’ Comp Loss Costs for 2015
Dec 15 2014 // North Carolina Insurance Commissioner Wayne Goodwin has approved workers’ compensation rates as filed that will go into effect April 1, 2015. There will be a 3.4 percent average decrease to loss costs for the...
P/C Direct Premium Written Up 4.6 Percent
Dec 15 2014 // Direct premium written (DPW) for property/casualty insurance companies continues to increase gradually. At year-end 2013, nearly $545 billion of DPW was reported, a record-high for the industry. For 2013, total DPW for all...
Survey Shows 8-in-10 Americans Believe in Climate Change
Dec 15 2014 // More than eight-in-10 Americans now believe the climate is changing – although they place that concern beneath issues like global political instability, economic crisis or a pandemic. Munich Re America’s inaugural...
