Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Aon Risk Solutions Beefs Up, Restructures UK Professions Team
Mar 10 2011 // Aon Risk Solutions, the global risk management business of Aon Corporation, announced that it has appointed new leaders for its Professions practice in London, and has made a number of strategic new hires. The team...
Hannover Re Posts 2010 Growth as Net Income Tops $1 Billion
Mar 9 2011 // Germany’s Hannover Re reported a “very pleasing year,” as after tax group net income rose to €748.9 million [$1.043 billion], from €733.7 million [$1.021 billion], despite the operational business...
Young Agents: What Are YOU Thinking? Exclusive Survey
Mar 9 2011 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Gen X, Gen Y agents: who are you? What do you really think about your career?...
Newer Web Sites Gaining Online Auto Insurance Market Share
Mar 7 2011 // Newer auto insurance and aggregator sites are attracting an increasing share of the online auto insurance market that has been dominated by GEICO and Progressive, according to a new report. In the fourth quarter of 2010,...
Young Agents: What Are YOU Thinking? Exclusive Young Agents Survey
Mar 7 2011 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Gen X, Gen Y agents: who are you? What do you really think about your career?...
Restaurants Rebound: Insurance Market Heats Up
Mar 7 2011 // It is no secret that the restaurant industry has been in a slump. As families have cut back on eating out, restaurants have suffered three straight years of a decline in business: -.2 percent in 2010, -2.8 percent in 2009...
Restaurant Sales Going Up After 3 Tough Years
Mar 7 2011 // Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth. The 2011 forecast from the National Restaurant Association...
Rates for Architects, Engineers Going Up: Report
Mar 7 2011 // Rates for architects and engineers professional liability insurance, which have been stable, are expected to go up this year, a new study reports. A number of leading insurance companies offering this coverage expect to...
Berkshire Hathaway Enters India Insurance Market
Mar 4 2011 // Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said. Berkshire made no investment in Bajaj, but will sell policies for...
Climate Change to Drive up Food Prices
Mar 2 2011 // Global food prices are likely to keep rising as production struggles to match demand and extreme weather events become more frequent, a climate-change advisor to the Australian government said on Wednesday. Ross Garnaut...
S&P Lowers Chartis’ Ratings to ‘A’; Outlook Changed to Stable
Mar 1 2011 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on American International Group Inc.’s (AIG) Chartis operating subsidiaries to ‘A’ from...
Demand for Agricultural Insurance Expected to Grow
Feb 25 2011 // The agricultural insurance market is facing rising demand along with pressures to adapt to changes in farming and to become more efficient in delivering products. Increasing world demand for food is driving up commodity...
Architects, Engineers Liability Rates to Go Up: Report
Feb 25 2011 // Rates for architects and engineers professional liability insurance, which have been stable, are expected to go up this year, a new study reports. A number of leading insurance companies offering this coverage expect to...
California’s Median Auto Insurance Rate Decreases 3%
Feb 24 2011 // The median six-month auto insurance rate in California has decreased approximately 3.1 percent over the past 12 months to reach $809 according to InsWeb. Over the same 12-month period, the national median auto insurance...
Insurers Report 24% Rise in Suspicious Claims Since 2008
Feb 23 2011 // There has been a 24 percent rise in what insurance companies consider suspicious claims since 2008. In 2008, a total of 74,146 so-called questionable claims, or QCs, were referred to the National Insurance Crime Bureau...
Litigation, Investigation Fears Driving Up D&O Insurance Limits
Feb 22 2011 // Directors and officers (D&O) liability insurance is gaining traction as more companies are increasing their D&O liability limits and a growing number with international operations are also purchasing D&O...
Demand for Agricultural Insurance Coverages Expected to Grow
Feb 21 2011 // Increasing world demand for food is driving up commodity prices for corn, soybeans, wheat and other food staples. At the same time, the U.S. farming economy is strong, the federal crop insurance program is being changed,...
Medical Losses, Top Line Growth Top Challenges for Workers’ Comp
Feb 21 2011 // The workers’ compensation industry in the years ahead will exist much as it has for decades in many respects. Policyholders will purchase coverage from either an agent or a company, with a portion of the market...
Demographics, Health Reform, Economy, Data to Help Define Future
Feb 21 2011 // The number of workers over age 55 is quickly growing. Carriers need to understand the physical abilities, limitations, and unique exposures of aging workers to be able to properly assess work safety and wellness programs...
Swiss Re 2010 Net Income up on Buffet Loan Repayment, but Miss Forecasts
Feb 17 2011 // Swiss Re struck a note of confidence on its pricing power and hiked its dividend, saying capital had recovered since it turned to U.S. billionaire Warren Buffett for help in the financial crisis. The world’s...
