Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Willis Chief on Non-Traditional Risks Facing Airlines; Asia-Pacific Growth
Mar 8 2012 // Joe Plumeri, Willis Group Holdings Chairman and CEO, told attendees at the Willis Asia Pacific Aviation Insurance Conference in Hong Kong that air travel in Asia Pacific is set to significantly surpass that of North...
Survey Seeks Agents’ Views on Florida’s Insurance Market
Mar 7 2012 // So much that is said and written about Florida’s insurance climate is negative. Is there anything good to say about Florida’s insurance market? That’s one of the questions in a brief Florida-only survey...
7-Day Advance Hurricane Forecasts Not Far Away, Says Storm Center Chief
Mar 7 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...
FEMA Begins Survey of Illinois Tornado Damage
Mar 6 2012 // The Federal Emergency Management Agency on March 5 began surveying the damage from tornadoes and other severe weather that roiled southern Illinois last week, starting in the small town of Harrisburg, where six people were...
Best Affirms Endurance Specialty and Subs ‘A’ Ratings; Outlook Stable
Mar 6 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Endurance Specialty Insurance Ltd. and its affiliates. Best...
E&Y Survey on Insurance Customers
Mar 5 2012 // A new study is out from Ernst & Young that offers some interesting insight into what people want from insurance companies. And it also questions some of the conventional wisdom that we’ve been taking for...
China to Open Auto Insurance Market
Mar 5 2012 // China has agreed to an important financial sector reform by opening up its massive auto insurance market to foreign competition. During a meeting with U.S. business chiefs and Chinese Vice President Xi Jinping, U.S. Vice...
N.Y. Launches Audit of Rising Health Insurance Rates
Mar 5 2012 // The New York State Department of Financial Services said it 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...
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...