Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Veterans’ Medical Malpractice Costs Rising As More Soldiers Seek Care
Sep 13 2013 // Christopher Ellison went to a veterans medical center in Philadelphia to get eight teeth extracted in 2007. What should have been a routine dentist visit left him permanently incapacitated. The $17.5 million Ellison and...
Texas Windstorm Insurance Rates to Rise Again in January
Sep 12 2013 // The board of Texas insurer of last resort for wind and hail along the Texas coast voted at its August meeting to raise premium rates beginning in January 2014. The Texas Windstorm Insurance Association board of directors...
Oregon Looks At Beefing Up Health Insurance Premium Reviews
Sep 12 2013 // Oregon health officials are considering whether to use the state’s authority to approve or reject health insurance premiums as a tool to drive down health care costs. The idea is one of several suggestions for...
Florida Approves 6.3% Increase In Citizens Homeowners Rates
Sep 11 2013 // Florida homeowners who secure coverage through the state-backed property insurer will see their rates increase by a statewide average 6.3 percent based on a ruling by state regulators. Homeowners with multiperil policies...
Commercial Insurance Prices Continued Up in Q2: Towers Watson
Sep 10 2013 // Commercial insurance prices rose by six percent in aggregate during the second quarter of 2013, marking the 10th consecutive quarter of price increases, according to the latest Commercial Lines Insurance Pricing Survey...
Workers’ Compensation Loss Costs Going Down Again in Kentucky
Sep 9 2013 // Workers’ compensation loss costs used by insurers in figuring rates to charge employers are going down for the eighth straight year. The loss cost figures show an average reduction of 7.9 percent for the 590...
Oklahoma Sees Double Digit Decrease in Workers’ Comp Loss Costs
Sep 9 2013 // An annual filing most insurance carriers will use to develop rates for workers’ compensation insurance shows a dramatic decrease in loss costs, Oklahoma Insurance Commissioner John D. Doak announced. The overall loss...
Premium Increases Under Obamacare Not as High as Expected: Study
Sep 9 2013 // The federal Affordable Care Act will not lead to widespread premium increases in the individual health insurance market. That’s according to a new analysis of 10 states and the United States overall by RAND Corp.,...
Workers’ Compensation Benefits, Employer Costs Rise: Study
Sep 9 2013 // Both workers’ compensation benefits paid to insureds and costs for employers increased in 2011, a new study revealed. Total workers’ comp costs to employers rose by 7.1 percent to $77.1 billion, while...
28th Annual Market & Financial Outlook Survey Reveals an Optimistic Marketplace: MarshBerry
Sep 9 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...
Florida’s Citizens Increasing Rates on Some Commercial Policies
Sep 6 2013 // Florida regulators have approved a first round of rate changes for the state-backed property insurer that include an 8.3 percent increase in condominium association multiperil policies. Citizens Property Insurance Corp....
Driveway Software Launches Smartphone Platform for Usage-Based Insurance Market
Sep 5 2013 // San Francisco-based , a provider of smartphone-based telematics products for the usage-based insurance market, has introduced its SmartUBI Platform, a complete insurance telematics platform which includes a smartphone...
Auto Tire and Rim Thefts Increasing in Metro Detroit
Sep 5 2013 // Tire and rim thefts are increasing sharply in Detroit, Mich., according to Help Eliminate Auto Thefts (H.E.A.T.) and the American Car Rental Association (ACRA). H.E.A.T. is Michigan’s statewide auto theft prevention...
Obamacare Premiums Called Affordable in 17-State Survey
Sep 5 2013 // A 25-year-old New Yorker earning $25,000 a year will pay as little as $62 a month for health insurance next year, and a peer living in Vermont may pay nothing, according to a 17-state survey of premiums under the U.S....
N.J. Survey: Over 60% of Young Drivers Say They’ve Texted While Driving
Sep 4 2013 // New Jersey auto insurance group Plymouth Rock Assurance released the results of a distracted driving study that found 61 percent of young drivers surveyed in New Jersey acknowledged having sent text messages while...
Self-Driving Cars Could Be on U.S. Roads by 2020
Sep 4 2013 // Cars that drive themselves could be on U.S. roads by the end of this decade. But don’t take your foot off the pedal just yet. Automakers, universities and others are at various stages in the development of autonomous...
Rising Sea Levels Ranked as Greatest Climate Change Threat: Guy Carpenter
Sep 4 2013 // Guy Carpenter & Company has an analysis of the evolving risk landscape spurred by global warming, which stresses that “climate change, global warming and the resulting landscape shift for risk management is a...
Best Affirms Members of Farmers Insurance Group Ratings; Outlook Stable
Sep 3 2013 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the members of Farmers Insurance Group and Farmers Reinsurance Company....
Best Affirms Argo Group International and Subs Ratings; Outlook Stable
Sep 3 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the...
Swiss Re Survey Finds Most People Believe World is Getting Riskier
Sep 3 2013 // A key finding from a landmark survey commissioned by Swiss Re on the occasion of its 150th anniversary, has found that “people around the world say they’re acutely aware of the risks they may face in the...
