Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Mississippi Trial Date Set in Decade-Old Frankel Case
Mar 19 2012 // More than a decade after it was filed, a federal judge in Mississippi has set a tentative trial date in a lawsuit stemming from scams run by a notorious financier who looted $200 million from insurance companies and...
Report: Arizona P/C Insurers See Premiums Written Fall, Losses Rise
Mar 19 2012 // A report on Arizona’s property/casualty insurers issued recently 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...
7-Day Advance Storm Forecasts Not Far Away
Mar 19 2012 // National Hurricane Center Director Bill Read said that science will improve to the point where forecasters can reliably issue forecasts showing where a hurricane will be a week ahead of time. “We’re two to five...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 19 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
7-Day Advance Forecasts
Mar 19 2012 // National Hurricane Center Director Bill Read said that science will improve to the point where forecasters can reliably issue forecasts showing where a hurricane will be a week ahead of time. “We’re two to five...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 19 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Many Teen Drivers on ‘High’-way: Survey
Mar 19 2012 // A surprisingly large number of U.S. teen drivers admit to having driven under the influence of marijuana, according to Liberty Mutual Insurance and SADD (Students Against Destructive Decisions). Liberty Mutual in Boston...
Hot Insurance Markets in 2012
Mar 19 2012 // 2012 Hot Market: Housing Market 2012 is delivering a sense of growing optimism for the housing industry – a welcomed relief to a market that has been troubled in recent years. See our full feature on the housing...
N.Y. Unveils Plan to Shut Down Fraud Docs, Medical Mills
Mar 19 2012 // Dishonest doctors and medical mills in New York better watch out! Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Willis Warns Companies to ‘Wake up to Cyber Threats,’ Liabilities
Mar 16 2012 // Company Directors must wake up to cyber threats or they risk litigation from all sides, warned Francis Kean of Willis Group Holdings. Speaking at a Willis-hosted cyber liability conference in London this week, the...
California Workers’ Comp Premium Grows But Claim Severity Continues to Rise
Mar 15 2012 // An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that...
Millions in U.S. at Risk from Rising Sea Levels: Report
Mar 15 2012 // Sea level rise due to global warming has doubled the annual risk of coastal flooding of historic proportions across widespread areas of the United States, according to a report from the non-profit research group Climate...
N.Y. Unveils Plan to Shut Down Fraud Docs, Medical Mills
Mar 14 2012 // Dishonest doctors and medical mills in New York better watch out! Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Securities Fraud Settlements in 2011 Were Lowest in Decade
Mar 14 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround. The number and size of securities fraud settlements that won...
Munich Re Confirms 2011 Profit at $937 Mn; Forecasts $3.3 Bn in 2012
Mar 13 2012 // Munich Re’s official results largely confirm earlier estimates, made at the beginning of February. The world’s largest reinsurer, however, hopes to do a good deal better in 2012 than it did last year....
Best Report: Saudi Arabia’s Insurance Market Adapts to Change
Mar 13 2012 // The insurance market in Saudi Arabia has changed dramatically in the past decade, with further development anticipated, according to a report from A.M. Best Co. According to the report, “Saudi Arabia’s...
Report: Increasing Workers’ Comp Losses For California Public Self-Insureds
Mar 12 2012 // A analysis of more than 10 years’ worth of data shows for the fifth consecutive year increases in the average loss per claim, led by escalating medical losses, pushed up total workers’ compensation costs for...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 12 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Geneva Association Report: 2011 an ‘Annus Horribilis’ for Insurance Industry
Mar 9 2012 // The latest report from the Geneva Association , No. 5 in the current series – Extreme events and insurance: 2011 annus horribilis -, describes the global impact of the major 2011 natural catastrophes, and analyzes...
Survey Finds Emerging Markets’ Growth in Auto Financial Services
Mar 8 2012 // A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said:...
