Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
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...
Big ‘I’ 2013 Best Practices Study Finds Increases in Specializations, Profitability
Nov 15 2013 // The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) released its 2013 Best Practices Study which found an increase in agencies with specializations, expansion of technology...
Survey: Colorado Employers Seeing 10.9% Hike in Health Plans
Nov 14 2013 // It may still be considered the leanest state and among the nation’s healthiest, but Colorado employers are seeing a large increase in the cost of medical benefits in the coming year, a survey released on Thursday...
Investors to Double Catastrophe Bonds by 2018: BNY Mellon
Nov 14 2013 // The amount of insurance-linked securities outstanding may reach $150 billion by the end of 2018 as institutional investors including pension funds search for yield, Bank of New York Mellon Corp. said in a report. Of the...
MarshBerry Survey Reveals an Optimistic Marketplace: Part 1
Nov 13 2013 // In June of this year, MarshBerry launched its 28th Annual Market & Financial Outlook Survey in conjunction with Insurance Journal. The survey compiled anonymous general independent agency information along with...
Much of Eastern Asia Underinsured for Weather As Risk, Values Rising
Nov 13 2013 // Insured losses from weather-related events in Eastern Asia amount to only about 10 percent of the $700 billion in total losses accumulated over the last three decades, according to an analysis by Munich Re. According to...
Central Texans’ Interest in Flood Insurance Rises Along with Claims
Nov 13 2013 // Insurance agents in Austin, Texas, report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities....
Select Insurance Markets Adds Paschali
Nov 12 2013 // Select Insurance Markets LP (SIM) has added Leila Paschali to its marketing team. Paschali is based in Austin, Texas. Her responsibility will include marketing and adding additional new agents in both Texas and Louisiana....
Older Drivers Catching Up with Younger in Distracted Driving: Survey
Nov 12 2013 // Cell phone use and texting while driving are on the rise along with accessing the internet while driving — and it’s not just young people engaging in these dangerous activities behind the wheel. State Farm today...
Florida Outpatient Costs for Injured Workers Rising Rapidly: WCRI
Nov 11 2013 // The average cost per claim of outpatient hospital care for injured workers in the Florida workers’ compensation system continued to grow rapidly and was a main driver of growth in medical payments per claim in the...
