Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Sea-Level Rise Too Fast for Current Forecast Tools, Study Says
Dec 4 2013 // By the time climate change reduces crop yields or frequently floods New York City subways, it will be too late to avert damage without better forecasting tools, a panel of scientists said in a report released...
N.J. Regulator Approves 3.6% Average Workers’ Comp Rate Increase in 2014
Dec 3 2013 // New Jersey’s Compensation Rating And Inspection Bureau recently announced the state insurance commissioner’s approval for the workers’ compensation average rate increase for next year. New Jersey Banking...
Sioux Falls Police Warn of Increase in Car Thefts
Dec 2 2013 // Sioux Falls, S.D., police are warning residents about an increase in the number of vehicle thefts in the last month. The Sioux Falls Argus Leader reports that most of the thefts occurred after residents had started their...
University of Maryland Project Aims to Improve Storm Predictions
Dec 2 2013 // Scientists at the University of Maryland Center for Environmental Science Horn Point Laboratory have a new project in the works that aims to better predict the intensity of storm surges on the Chesapeake Bay, Delaware Bay...
Seatbelt Use Ticks Up in Annual Utah Survey
Dec 2 2013 // Officials with the Utah Department of Public Safety say more people are wearing seatbelts this year than they were a year ago. The state’s annual seatbelt observational study found 82.4 percent of people riding in...
Swiss Re’s Insurance Outlook for 2014/15 Sees Emerging Market Growth
Dec 2 2013 // In an assessment of the prospects for insurance market in 2014/15, Swiss Re’s latest report concludes that “global economic growth will continue to strengthen in 2014, which will in turn “support on-going...
Program Market Growth: New Study Shows Business Up 10%
Dec 2 2013 // Program insurance premium revenues increased 10.8 percent in 2012, more than three times the rate of premium growth in the overall commercial insurance markets, according to results from a recent survey by the Target...
All Risks Launches Down Hole Tool for South Central Onshore Oil, Gas Industry
Nov 27 2013 // The South Central offices of All Risks, Ltd. have designed a “down hole specialty rental tool” insurance product for Lost In Hole (LIH). This coverage is available to oil & gas drillers and operators as...
European Central Bank Reports Rise in Financial Stability Risk
Nov 27 2013 // The European Central Bank said the risk to financial stability from global market turbulence has increased in the past six months, even as measures of systemic stress have declined. The market turmoil earlier this year...
Costs per Claim of Medical Care for Injured Workers in Indiana High, Rising
Nov 25 2013 // The costs per claim of medical care to treat injured workers in Indiana were higher than most states and growing rapidly, according to a recent study by the Workers Compensation Research Institute (WCRI). The report,...
Iran Nuclear Deal Easing Up on Shipping Insurance Could Help Oil Sales
Nov 25 2013 // Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big Asian...
In Connecticut, Number of Insurance Sector Employees Fell Slightly in 2012: Report
Nov 21 2013 // A report this month from Connecticut’s Insurance & Financial Services (IFS) Cluster and PwC shows there was a slight decline in the number of insurance sector employees in Connecticut last year, primarily due to...
Best Affirms Munich Re and Subs ‘A+’ Ratings; Outlook Stable
Nov 21 2013 // A.M. Best Europe has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Reinsurance Co. and its subsidiaries. Best also affirmed all...
Amid Asset Sale Talk, RSA CEO Sees Emerging Market Potential
Nov 21 2013 // RSA Insurance Group Plc Chief Executive Officer Simon Lee said the insurer has further growth potential in emerging markets and maintains a “robust” capital position, amid speculation it may sell assets. Lee,...
Past, Future Collide As Mexico Battles Over GMO Corn
Nov 19 2013 // After pioneering the cultivation of corn thousands of years ago, Mexico must overcome the weight of history to give the go-ahead to allow genetically modified strains into its fields. Religion, culture and science are...
Supreme Court Poised to Decide Future of Securities Class Actions
Nov 18 2013 // The U.S. Supreme Court accepted a case with the potential to transform securities litigation, agreeing to reconsider a precedent that has served as the foundation for shareholder suits for the past 25 years. The...
Use of Predictive Models Widespread in P/C Insurance: Survey
Nov 18 2013 // A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as many as 82 percent responding that they use predictive modeling in one...
Insurance Kiosks the Wave of the Future?
Nov 18 2013 // Milk …check; eggs … check; bread … check; car insurance …what? Most grocery lists don’t typically read this way, but Nashville, Tenn.-based Direct Auto Insurance Co. is now offering another...
Insurers Weigh Forming Captive to Insure Customers of Bankrupt Futures Brokers
Nov 17 2013 // Eight private insurers have expressed interest in participating in a fund to provide insurance for losses suffered by customers of futures brokers that go bankrupt as in the cases of MF Global and Peregrine Financial...
Survey: Many Hoosiers Ill-Prepared For Disasters
Nov 15 2013 // A survey by a state agency has found that a majority of Indiana residents aren’t prepared to survive on their own in the aftermath of a tornado, blizzard or other disaster. The Indiana Department of Homeland Security...
