Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative
Apr 24 2012 // Standard & Poor’s revised its outlook on Argentina’s sovereign debt rating to negative from stable on Monday, citing policies that include a government push to seize control of energy company YPF from...
IMB Report Notes Piracy Increasing in W. Africa; Somalia Still Main Threat
Apr 23 2012 // The latest global piracy report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) cites 102 “incidents of piracy and armed robbery” for the first quarter of 2012, “with...
AIG Adopts FASB Accounting Update, Revises Up 2010-11 Income by $5.1B
Apr 20 2012 // American International Group Inc. said Thursday it revised up net income from 2010 and 2011 by a combined $5.096 billion after adopting an updated industry accounting standard from the Financial Accounting Standards...
Chubb: $506M Q1 Income, Business Insurance Renewal Prices Edge Up
Apr 19 2012 // The Chubb Corporation reported $506 million in net income for the 2012 first quarter, down slightly — 0.59% — from $509 million income reported one year ago. The insurer’s underwriting profit improved...
Travelers Has $806M Q1 Income; Business Insurance Renewal Price Up 8%
Apr 19 2012 // The Travelers Companies Inc. reported $806 million in net profit for the 2012 first quarter. The first-quarter profit was down 4 percent when compared to one year ago, but the result during the year-ago period was boosted...
Brown & Brown Posts $49.4M for 2012 Q1 Net Income, Up 6.3%
Apr 18 2012 // Daytona Beach, Fla.-headquartered Brown & Brown Inc. reported 2012 first-quarter net income of $49.43 million, up 6.3 percent from one year ago. The insurance brokerage firm also reported $302.49 million in revenue...
Willis Marine Market Review Forecasts ‘Another Difficult Year’
Apr 18 2012 // After an inauspicious start, 2012 could well be “another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the euro zone, pirate attacks and...
Corporate Insurance Buyers Preparing for Hardening P/C Market: Survey
Apr 17 2012 // A vast majority of corporate risk managers at U.S. companies are taking steps to prepare for a hardening property/casualty (P/C) insurance market. Professional services company Towers Watson’s annual survey also...
15 Trends in P/C Insurance Employment
Apr 16 2012 // Prev Next More with Less Many employers got used to doing more with fewer people during the downturn. Slow Going Insurance hiring may rise but it will likely still lag behind insurance demand. Touch Somebody Referrals from...
Insurance Employment Report: Jobs Outlook Improving, Slowly
Apr 16 2012 // Looking for work can be an exhausting, soul-draining endeavor during the best of economic times. It goes without saying that job searching is considerably more challenging these days, when the U.S. unemployment rate is...
Young Agents Survey
Apr 16 2012 // How the Next Generation is Leading the Way There’s a change happening in the insurance industry — a big change. Young independent insurance agents are leading a revolution. It’s a revolution of means more...
South Texas Storm Racks Up Millions in Claims
Apr 16 2012 // Hurricane force winds, heavy rains and baseball size hail struck the northern part of McAllen, Texas, on March 29 causing extensive damage to homes, cars and businesses. The damage is expected to be in the tens of millions...
Missouri Home Insurance Rates Rise
Apr 16 2012 // Missouri insurance regulators report that homeowners premiums increased 5 percent between July 2011 and March 2012. The figure is based on an analysis of rates charged by insurers covering 80 percent of homes. Disaster...
Virginia Insurance Fraud Arrests Going Up
Apr 16 2012 // The Virginia State Police said its special agents made 231 arrests for insurance fraud and other related crimes, such as arson and forgery, in 2011 — up eight percent over 2010. The Virginia State Police investigates...
Survey: Oklahoma Businesses Confident About Future
Apr 16 2012 // Most Oklahoma business executives are confident their businesses will grow and about a third plan to hire workers this year, according to the findings of an online survey of company owners and officials released on April...
Survey: Why Agents and Customers Choose Higher-Priced Insurers
Apr 12 2012 // Insurance customers are price-sensitive shoppers, and they have become more so given the financial pressures of the struggling economy. Many observers fear that standard coverage is becoming commoditized to the point where...
Loss Estimates from North Texas Storms Near $300M, Expected to Rise
Apr 10 2012 // Loss estimates from the widespread tornado, high wind and hail storm activity in the Dallas-Arlington-Fort Worth area on April 3 are approaching $300 million, said one insurance industry spokesperson. That number is...
Survey: Oklahoma Businesses Confident About Future
Apr 6 2012 // Most Oklahoma business executives are confident their businesses will grow and about a third plan to hire workers this year, according to the findings of an online survey of company owners and officials released on April...
No Forecast Requests in 3 Days Before Colorado Wildfire
Apr 5 2012 // Colorado officials monitoring a prescribed burn apparently didn’t request updated weather forecasts for the area for three days before it erupted into a deadly wildfire. Records released Wednesday show the National...
U.S. Summer Forecast: El Nino Adverse Weather May Return
Apr 5 2012 // The U.S. Climate Prediction Center raised the prospect that El Nino conditions could return after the Northern Hemisphere summer, causing adverse weather that could potentially disrupt the harvest of vital crops such as...
