Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Flooding hazard alert: Melting ice and snow increases risk
Feb 26 2007 // We all know that catastrophes come in all forms and shapes, not just as hurricanes, earthquakes, fires and mudslides. In light of the recent devastating winter ice and snow storms that crossed the Midwest and then moved to...
Ohio auto and homeowners rates decrease in 2006
Feb 26 2007 // The Ohio Department of Insurance recently announced that the average rates for the state’s top 10 auto and homeowners insurers — which represent 72 percent of both markets — decreased 1.2 percent and 0.8...
Corporate governance, capital drive D&O liability prices down
Feb 26 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors’ and officers’ liability premiums drop in recent years, and rate level erosion in almost every line of...
Premium Growth: A measure for a response to changing needs?
Feb 26 2007 // Virtually all industries respect and demand top line growth. Publicly traded companies, competing for capital, are required to demonstrate an ability to facilitate top line growth. In stark contrast to other industries,...
Five casual ways to pump up CSR sales
Feb 26 2007 // CSR selling doesn’t happen by decree. Principals can’t simply declare a sales quota and expect instant results. It is a long-term process getting customer service representatives involved in selling. Management...
Editor’s Note: Flooding hazard alert: Melting ice and snow increases risk
Feb 25 2007 // We all know that catastrophes come in all forms and shapes, not just as hurricanes, earthquakes, fires and mudslides. In light of the recent devastating winter ice and snow storms that crossed the Midwest and then moved to...
Ohio auto and homeowners rates decrease in 2006
Feb 25 2007 // The Ohio Department of Insurance recently an-nounced that the average rates for the state’s top 10 auto and homeowners insurers — which represent 72 percent of both markets — decreased 1.2 percent and 0.8...
Corporate governance, capital drive D&O liability prices down
Feb 25 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors’ and officers’ liability premiums drop in recent years, and rate level erosion in almost every line of...
Premium Growth: A measure for a response to changing needs?
Feb 25 2007 // Virtually all industries respect and demand top line growth. Publicly traded companies, competing for capital, are required to demonstrate an ability to facilitate top line growth. In stark contrast to other industries,...
Five casual ways to pump up CSR sales
Feb 25 2007 // CSR selling doesn’t happen by decree. Principals can’t simply declare a sales quota and expect instant results. It is a long-term process getting customer service representatives involved in selling. Management...
Top 25 Property/Casualty Companies in Premium Growth
Feb 25 2007 // 12 months ending Sept. 30, 2006, versus Sept. 30, 2005 (000 Omitted) DPW Change DWP DWP DWP $ DWP % Rank Company Name 9/30/2006 9/30/05 Change Change 1 Lexington Insurance...
French Insurance Giant AXA’s 2006 Profit Rises 18%
Feb 23 2007 // French insurance giant AXA SA said Thursday that improving sales in its life insurance and asset management businesses helped lift 2006 profit 18 percent. Beating analysts’ predictions, AXA’s net income rose to...
More Catastrophe-Related Laws Enacted in 2006, Survey Shows
Feb 23 2007 // Enacted catastrophe-related laws increased dramatically in the states last year, according to the annual survey of state insurance laws prepared by the National Association of Mutual Insurance Companies (NAMIC). “Ten...
Chicago Exchange, Carvill Ready Hurricane Futures for Insurers
Feb 20 2007 // The Chicago Mercantile Exchange, the largest derivatives exchange in the United States, announced last week that it is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The...
Lloyd’s Raises Novae Syndicate Assessment To ‘2+’; Outlook Stable
Feb 20 2007 // Standard & Poor’s Ratings Services has raised its Lloyd’s Syndicate Assessment (LSA) on London-based Novae – Syndicate 2007 to ‘2+’ from ‘2’ and assigned a stable...
Ohio Auto and Homeowners’ Rates Decrease in 2006
Feb 15 2007 // The Ohio Department of Insurance recently announced that the average rates for the state’s top 10 auto and homeowners insurers – which represent 72 percent of both markets – decreased 1.2 percent and 0.8...
Fitch Affirms Max Re Ratings; Off Watch/Negative; Outlook Stable
Feb 13 2007 // Fitch Ratings has affirmed the “A” insurer financial strength ratings of Max Re Ltd. and its Dublin-based subsidiaries, Max Re Europe Limited and Max Insurance Europe Limited. Fitch also affirmed the...
Sales of flood insurance up sharply
Feb 12 2007 // Sales of federal flood insurance rose sharply last year. From November 2005 to November of last year, the number of federal policies jumped more than 13 percent, far more than normal. Sales in coastal and other vulnerable...
Industry forecast predicts slower premium growth in 2007 and 2008
Feb 12 2007 // Despite slow-down, industry still anticipates underwriting profits Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall...
Sales of flood insurance up sharply
Feb 11 2007 // Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many...