Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Auto Insurance Limits Would Rise Under Nebraska Bill
Jan 23 2012 // The minimum amount of coverage for certain types of liability insurance would increase for Nebraska motorists, under a bill introduced in the state Legislature. State Sen. Paul Schumacher said the financial responsibility...
Auto Insurance Claim Costs Rising Again
Jan 23 2012 // Auto insurance claim costs countrywide have recently increased, reversing previous trends of declining or relatively stable costs. A new report from the Insurance Research Council (IRC) documents auto injury claim trends,...
Auto Insurance Claim Costs Rising Again
Jan 23 2012 // Auto insurance claim costs countrywide have recently increased, reversing previous trends of declining or relatively stable costs, a recently released study found. An Insurance Research Council (IRC) report, “Trends...
Despite Heavy Catastrophe Losses, Top 25 P/C Insurers Report Premium Growth, Net Income Through Third-Quarter 2011
Jan 23 2012 // Amid the continued difficult economic conditions, a heightened frequency of catastrophic events in 2011 has resulted in nearly $40 billion of losses to insurers. The losses associated with these catastrophes have been...
The Importance of Education in Today’s Insurance Market
Jan 23 2012 // Insurance is the lifeblood of our capitalist society; without it commerce cannot function. A vibrant insurance industry requires skilled and trained knowledgeable workers who can understand the broad aspects of risk in a...
Texas-Based CAA Sees Nearly 20% Premium Growth in Q3 2011
Jan 20 2012 // Combined Agents of America LLC (CAA), headquartered in Austin, Texas, reported 19.5 percent growth in written property/casualty premiums in the third quarter of 2011, compared with the same period in 2010. CAA, whose 47...
Columbus Insurance Market Opens Additional Location
Jan 20 2012 // The Columbus Insurance Market has opened a new agency location in Columbus, Ohio. This new location will serve the Columbus metropolitan area along with all adjacent suburbs, the agency said. The Columbus Insurance Market...
Ohio Property Insurance Rates Expected to Rise After Storms
Jan 20 2012 // Ohio’s relatively low rates for property insurance are expected to rise in 2012 due to the damaging storms of recent years. An insurance agent in Middletown in southwest Ohio says Mother Nature has had her way with...
Fitch: Bermuda Insurance Market Resilient as Pricing Firms
Jan 20 2012 // Following near-record global catastrophe losses in 2011, Bermuda-domiciled reinsurers are positioned to benefit from an improved underwriting and somewhat better pricing environment this year, according to analysts at...
2011 Piracy Attacks Totaled 439; 275 off Somalia: ICC/IMB Report
Jan 19 2012 // According to the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report attacks in East and West Africa accounted for the majority of world attacks in 2011, signaling a...
Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey
Jan 18 2012 // Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2012...
IUA to Compile New Statistical Analysis of the London Insurance Market
Jan 17 2012 // The International Underwriting Association announced a number of new initiatives to enhance and expand its statistics for the London company market in 2012. In 2011 it published a “groundbreaking analysis that...
Avalanche Risk Increases in Parts Of Bridger Range In Montana
Jan 17 2012 // Officials with the Gallatin National Forest Avalanche Center say a weekend storm and falling temperatures have increased the avalanche danger on some slopes of the Bridger Range. Avalanche danger is considerable on...
Report: Louisiana Homeowners Insurance Rates Rising More Slowly
Jan 16 2012 // Homeowners insurance premiums in Louisiana remain among the nation’s highest, but are rising much more slowly than they did in the first two years after Hurricane Katrina, new data from by the National Association of...
Australia’s QBE Slashes 2011 Forecast; Shares Dive
Jan 12 2012 // Australia’s QBE Insurance Group said on Thursday its 2011 net profit would fall by as much as 50 percent after record catastrophe claims and it would cut its final dividend, sending its shares down as much as a...
Drunk Driving Arrests Increased in West Virginia in 2011
Jan 12 2012 // The director of the West Virginia Governor’s Highway Safety Program says arrests for driving under the influence increased in the past year, contradicting earlier reports. The Charleston Gazette reported that Highway...
I.I.I. Survey: P/C Executives Expect Improved Profitability in 2012
Jan 11 2012 // Most property/casualty insurance executives believe the worst of the financial crisis is over and that the industry is now in the early stages of a hard market, according to a survey from the Insurance Information...
Aon Benfield 2011 Catastrophe Study: $107 Bn Insured Losses; $435 Bn Economic
Jan 10 2012 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has issued its “Annual Global Climate and Catastrophe Report,” which aggregates and analyses the natural disaster perils that...
Best Concludes Global Reinsurance Ratings Outlook for 2012 is Stable
Jan 10 2012 // A.M. Best Co. has released a briefing on the 2012 global reinsurance outlook, which concludes that despite the near record number of catastrophic event in 2011, the rating outlook “is being held at...
Michigan Unlikely to Restore Lost Jobs for Decades
Jan 9 2012 // State budget director John Nixon likes getting together with fellow budget directors these days because it gives him a chance to brag about Michigan. After a decade of ongoing deficits, “we’re in a position now...
