Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Survey: 51% of Insurers Expect to Increase Staff in 2012
Mar 5 2012 // A new study says 51 percent of the insurance carriers recently surveyed expect to increase staff in the next 12 months. However, it’s not all good news: the survey also found that 19 percent of the carriers expect to...
Nevada Workers’ Comp Loss Costs to See 1% Increase
Mar 1 2012 // Many Nevada employers will see a small increase in the premiums they pay for workers’ compensation insurance in 2012. Nevada Insurance Commissioner Scott J. Kipper has approved a filing from the National Council on...
Report: Arizona P/C Insurers See Premiums Written Fall and Losses Rise
Mar 1 2012 // A report on Arizona’s property/casualty insurers issued on Thursday shows a drop in written premiums to $7.4 billion, and a large increase in losses incurred to $6.4 billion for 2010. The report, from the Arizona...
Louisiana Reports 4-Year Decline Vehicle Thefts
Feb 27 2012 //
Report: Complaints Against Ohio Nurses Are on Rise
Feb 27 2012 // Misconduct complaints against Ohio nurses have skyrocketed in recent years, leading to a backlog of investigations for the state nursing board’s disciplinary system, a newspaper investigation has found. The Dayton...
Best Affirms RSA and Operating Subsidiaries Ratings; Outlook Stable
Feb 23 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the...
Survey: 51% of Insurers Expect to Increase Staff in 2012
Feb 23 2012 // A new study says 51 percent of the insurance carriers recently surveyed expect to increase staff in the next 12 months. But it’s not all good news: the survey also found that 19 percent of the carriers expect to...
Insurance Agent Licenses in North Dakota Double in Decade
Feb 21 2012 // Officials said the telephone and the Internet have spurred an almost twofold increase in the number of insurance agents licensed to do business in North Dakota in the past decade. State insurance department data show an...
Agency Compensation Expected to Rise in 2012: Ward Group
Feb 20 2012 // Contingent commission payouts to insurance agencies are estimated to be 12 percent higher in 2012 than 2011, a new study said. The study by the Ward Group also found that carriers are continuing to increase their volume...
AIR Analyzes Increased Japan Risk after Tohoku-Oki Earthquake
Feb 17 2012 // Catastrophe modeling firm AIR Worldwide has released a new report – “Understanding Earthquake Risk in Japan Following the Tohoku-Oki Earthquake of March 11, 2011.” The report stresses that the “M9.0...
Flood Outlook Favorable for Red River Residents
Feb 17 2012 // The flood outlook for the Red River in eastern North Dakota is focusing on a word that hasn’t been used much by the National Weather Service in recent years: minor. Figures released Thursday show the chances for...
N.Y. Regulators Launch Audit of Rising Health Insurance Rates
Feb 16 2012 // The New York State Department of Financial Services has launched a wide-ranging probe of the accuracy of the data used by insurers and health maintenance organizations (HMOs) to request health insurance rate...
State Auto Increases Specialty Business in 2011
Feb 16 2012 // State Auto Financial Corp., headquartered in Columbus, Ohio, reported fourth quarter 2011 net income of $100.6 million, or $2.49 per diluted share, versus $37.6 million, or $0.94 per diluted share, for the fourth quarter...
Meadowbrook Reports Revenue Increase, Higher Combined Ratio in 2011
Feb 16 2012 // Meadowbrook Insurance Group Inc., headquartered in Southfield, Mich., reported an 11.6 percent increase in revenue for the full year 2011 and a GAAP combined ratio of 99.7 percent compared to 95.0 percent in 2010. Net...
Underage Drinkers Run Up $750 Million a Year in Hospital Costs
Feb 16 2012 // Hospitalization for underage drinking is common in the United States, and it comes with a price tag — the estimated total cost for these hospitalizations is about $755 million per year. A Mayo Clinic study also found...
China Agrees to Open Up Auto Insurance Market
Feb 14 2012 // U.S. Vice President Joe Biden said on Tuesday that China had agreed to an important financial sector reform by opening up its massive auto insurance market to foreign competition. Biden said that during a meeting with U.S....
MAPFRE Highlights 19.3% 2010 Latin American Insurance Market Growth
Feb 14 2012 // A report from the FUNDACIÓN MAPFRE, which analyzed 19 Latin American countries, concludes that the Latin American insurance market “achieved in 2010 a 19.3 percent rise in premium volumes compared to the preceding...
Reagan Survey: Organic Growth and Profitability Continues to Improve for Privately-held Insurance Agencies and Brokerages
Feb 14 2012 // Atlanta, GA, 02/12/12 – Reagan Consulting released its 2011 year-end Organic Growth and Profitability Survey (OGP Survey) results today. The OGP Survey, now in its fourth year, is a real-time indicator of quarterly...
Best Special Report Spots Insurance Market Rebound, Growth in Mexico
Feb 13 2012 // A special report from A.M. Best Co. concludes that “competitive pressures will continue for Mexico’s insurers as they look to build on the industry’s low penetration level and tap a growing middle class...
Willis Chief Warns London Audience of Major Risk Increases in 21st Century
Feb 9 2012 // The 21st century has already witnessed a transformational shift in the global risk landscape, with a palpable change in the severity and frequency of events since 2000, warned Willis Chairman and CEO Joe Plumeri. Speaking...
