Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Premium Growth: Top 25 P/C premium gainers for first quarter 2007
Jul 23 2007 // I am certain that Erik Erikson, Stella Chess and Jane Whitbread were not thinking of the insurance industry when they wrote this but they could have been. The 25 property/casualty insurers with the largest increase in...
Ala.: ProAssurance Recognized in Ward’s 2007 Survey
Jul 20 2007 // Birmingham, Ala.-based ProAssurance Corp. is included in the 2007 Ward’s 50, a prestigious list which recognizes top performing property-casualty insurance companies. ProAssurance is the only specialty medical...
RAA Releases 2006 Statistical Report on Offshore Reinsurance in the U.S.
Jul 18 2007 // In 2006, total U.S. premium ceded to offshore reinsurers was $54.7 billion and ceded recoverables totaled $114.2 billion, according to a report released by the Reinsurance Association of America (RAA), “Offshore...
Commercial P/C Prices Still Dropping, Risk Manager Survey Finds
Jul 17 2007 // Commercial insurance premiums continued to decline during the second quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. RIMS Benchmark...
5 Secrets Insurance Agents Should Know to Increase Sales
Jul 16 2007 // There are two types of insurance agents: successful and not successful. Insurance agents that make six figures a year have a secret. They use prospecting methods that make them money. While many insurance agents waste...
Alfa Expects to Report Record Earnings for Q2 2007
Jul 16 2007 // Alfa Corporation announced that it expects operating income for the quarter ended June 30, 2007, to be in a range of $0.40 to $0.44 per diluted share. The results are primarily due to improved underwriting results at the...
FEMA Officials Plan to Survey Flood Damage in Okla.
Jul 12 2007 // Federal officials plan to survey damage and talk to residents this week in flood-ravaged neighborhoods in Bartlesville and Dewey, Okla., where more than 3,000 people were displaced when the Caney River flooded its banks...
Firefighters Hope to Continue Progress on Record-Setting Utah Wildfire
Jul 11 2007 // Progress was being made as crews headed out Tuesday to fight a record-breaking wildfire burning in central Utah. The size of the fire increased to 469 square miles gaining only about 11,000 acres from Monday to Tuesday...
Survey: Consumers Rank USAA Tops in Service
Jul 10 2007 // USAA, which provides insurance to people in the armed services, their spouses and children, was ranked No. 1 of companies that demonstrate they have their customers’ best interests at heart in a survey by Forrester...
Guy Carp Issues UK Liability Survey
Jul 5 2007 // Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published “A Year in Review – 2006 Update,” its fourth annual review of the liability...
S&P: Korean P/C Outlook Stable
Jul 5 2007 // “The outlook on rated Korean non-life insurers remains stable,” says a report from Standard & Poor’s Rating Services, “reflecting the expectation that underwriting performance may gradually...
S&P: Outlooks on Most Asia-Pacific Insurance Markets is Stable
Jul 5 2007 // The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance...
Calif. workers’ comp written premiums down 17%
Jul 2 2007 // The Workers Compensation Insurance Rating Bureau of California has released the results of its report summarizing insurer loss and premium experience through March 31, 2007. According to the report: “California...
Calif. workers’ comp written premiums down 17%
Jul 2 2007 // The Workers Compensation Insurance Rating Bureau of California has released the results of its report summarizing insurer loss and premium experience through March 31, 2007. According to the report: “California...
Survey: N.D. Workers’ Comp Staff Distrust Top Managers; Like Their Jobs
Jun 29 2007 // Most employees at North Dakota’s workers’ compensation agency distrust senior managers and believe department policies often are applied unfairly, a new survey says. However, most workers said they enjoyed...
Recipe for Lawsuit: Restaurant Serves Up Intellectual Property Claim
Jun 28 2007 // One Manhattan restaurant is serving up an intellectual property lawsuit, saying a rival seafood bar run by a former protege copies “each and every element” of its business. Rebecca Charles, who opened the Pearl...
75% of Auto Insurance Shoppers Who Met with Poor Service Switch Carriers, Survey Finds
Jun 27 2007 // While 33 percent of auto insurance consumers who shop because of price ultimately switch carriers, nearly 75 percent of those who shop because they have experienced poor customer service switch carriers, according to the...
State Farm Announces Rate Decrease for W. Va. Homeowners
Jun 25 2007 // Just weeks after announcing an automobile insurance rate decrease, State Farm Insurance, the largest insurance provider in West Virginia, says it also will lower rates statewide for home insurance. The average West...
Risk Management Solutions Sets Up Multi-Peril Catastrophe Swap
Jun 25 2007 // Newark, Calif.-based Risk Management Solutions (RMS), a risk modeling company, has designed the trigger mechanisms and performed the risk analysis for a securitization of multi-peril, multi-event catastrophe...
Tiger, Phil Missing But New Sponsor Travelers Boosts Tournament’s Outlook
Jun 22 2007 // Tiger Woods is at home with his new baby. Phil Mickelson is home babying an injured wrist, and Angel Cabrera is back home in Argentina celebrating his U.S. Open win. Despite the absence of those names, there was a feeling...
