Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Commercial Insurance Prices Up 7% in Q4 2012: Towers Watson
Mar 11 2013 // Commercial insurance prices rose by almost seven percent in aggregate during the fourth quarter of 2012, marking the eighth consecutive quarter of price increases and the fourth showing increases across every line...
Industry Predictions
Mar 11 2013 // San Diego, Calif.-based Mitchell, a provider of technology and information to the property/casualty claims and collision repair industries, recently released its predictions for trends related to cloud computing and big...
Survey: Most Texas Voters Support Licensing Roofers
Mar 11 2013 // A recent survey shows that most registered Texas voters support the licensing of roofers in the state. According to the survey by the Insurance Council of Texas (ICT), when asked if roofing contractors should be licensed...
Fine Art’s Place in the Insurance Market
Mar 11 2013 // Whether it’s in a museum, gallery or in a high-net-worth customer’s home, fine art and collectible items hold special places in the hearts of insureds. Andrew Gristina, the national segment leader for fine art...
Insurance Agency M&As Hit All-Time High in 2012: Survey
Mar 11 2013 // A survey of insurance agencies in the United States and Canada shows that agency mergers and acquisitions hit an all-time high in 2012, according to a Chicago-based M&A advisory firm. There were 291 reported agency...
Large Employers to Keep Health Insurance Benefit for Now: Survey
Mar 7 2013 // Most large employers don’t expect to send their full-time employees to government health exchanges for insurance during the next five years, but some retirees and part-time workers will end up there, a new survey has...
North Carolina Approves 7% Home Insurance Rate Increase
Mar 7 2013 // North Carolina’s top state insurance regulator has signed an agreement allowing companies to raise homeowner’s insurance policies by a statewide average of 7 percent a year starting in July. Insurance...
SCOR Posts $545 Million 2012 Net Income; Strong Growth
Mar 7 2013 // France’s SCOR Group reported a solid performance for 2012, which it said “continues to combine growth, profitability and solvency.” Highlights for the year were listed as follows: •Gross written...
Small Businesses Hit With Data Breach Often Fail to Notify Customers: Survey
Mar 6 2013 // While more than half the U.S. small businesses experienced at least one data breach, just one-third of those firms notified individuals that their personal information had been compromised, a new survey...
U.S. Commercial Lines Rates Up 4% in February: MarketScout
Mar 6 2013 // Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed. The U.S. commercial insurance rate index, published by MarketScout, shows...
Study Reports Warmer Climate to Open New Arctic Shipping Routes by 2050
Mar 5 2013 // The quickest way to get goods from Asia to the U.S. East Coast in 2050 might well be straight across the Arctic, where a warming climate is expected to open new sea routes through what is now impenetrable ice, a study...
Connecticut Workplace Injury Cases Up 11% to 50,600 in 2011
Mar 5 2013 // The U.S. Department of Labor says the number of workplace injuries in Connecticut jumped 11 percent in 2011 over the previous year and that the rate of injury is among the highest in the country. The Bureau of Labor...
Dreamliner Could Affect Future of Airline Safety Self-Regulation
Mar 4 2013 // Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe. The U.S. Federal Aviation Administration(FAA) said it would no longer directly manage routine...
Workplace Bullying Emerging As Major Employment Liability Battleground
Mar 4 2013 // Margaret Fiester is no shrinking violet, but she says working for her former boss was a nightmare. “One day I didn’t do something right and she actually laid her hands on me and got up in my face and started...
Firms Saw Rise in Lawsuits, Regulatory Investigations in 2012: Survey
Mar 4 2013 // Companies in the United States and United Kingdom dealt with more litigation last year, while regulatory investigations reached a five-year high, according to a report. Litigation rebounded to 2010 levels in 2012, after a...
BMS Group Posts 2012 Revenue Growth through Expansion
Mar 1 2013 // Independent broker BMS Group announced that it has “continued the momentum of its expansion in 2012 confirming revenues in excess of £63 million [$95 million], up 20 percent on 2011. Over the past two financial...
Traffic Fatalities Up in South Dakota in 2012, Down From Average
Feb 27 2013 // South Dakota officials say the number of traffic fatalities in the state were up in 2012, but below the average for the last 10 years. State Department of Transportation figures show there were 134 people killed on the...
Teen Driver Deaths Increased in First Half of 2012
Feb 27 2013 // Deaths of younger teen drivers increased sharply in the first six months of last year, reversing a decade-long trend, according to a report released Tuesday by state highway safety officials. Deaths of 16- and 17-year-old...
More Good News/Bad News for Florida Insurance Market
Feb 26 2013 // Floridians would face about $7.19 billion in post-hurricane taxes to make up the funding shortfalls of state-run Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund should even a 1-in-50-year storm...
Mobile Technology Gaining with Insurers: Survey
Feb 25 2013 // While much of the attention around use of mobile devices in insurance has centered on consumer apps offered by large personal lines insurers, other property/casualty insurers and life/annuity insurers are rolling out...
