Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Guy Carp Reports on European Legislative, Judicial Trends
May 25 2007 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies has published a report on the “Recent Legislative and Judicial Trends in Continental Europe...
Workers’ Comp Companies Filing Rate Decreases in La.
May 25 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing, thanks to a large drop in loss costs for insurers. Most workers’ comp carriers in...
Kentucky Coal Boss Agrees to Post Bond for Future Safety Fines
May 24 2007 // An eastern Kentucky coal operator sued by the federal government for failing to pay penalties over health and safety violations has agreed to post a bond to ensure payment of future fines. Stanley Osborne, head of Misty...
S&P Ups Hannover Re Outlook to Stable; Affirms ‘AA-‘ Ratings
May 23 2007 // Standard & Poor’s Rating Services has revised its outlook to stable from negative on German reinsurer Hannover Rückversicherung-AG and its core entities, collectively referred to as Hannover Re. The Group is...
Survey: 75% of Consumers Satisfied with Insurance Agents; Prefer Personalized Service
May 22 2007 // Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned...
Medicare Fraud on Rise in Mississippi
May 22 2007 // Insurance agents have sold fraudulent Medicare plans to an estimated 1,000 Mississippians over the past year, forcing them to spend months untangling the mess to regain coverage under a traditional Medicare program. State...
Fire outlook: 2007 wildfire season looks wicked
May 21 2007 // Fire scientists are predicting an above-average wildfire season from May through August 2007, according to the National Interagency Fire Center Predictive Services Group based in Boise, Idaho. In its “National...
Marketing survey reports Baby Boomers remain loyal to auto, home, medical and life insurance brand
May 21 2007 // Baby Boomers may be more likely to switch brands across a wide variety of products and services, including apparel, cars, prepared foods, and airlines, but when it comes to service oriented categories such as banking and...
Mont. State Fund decreasing premiums 1%
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders. The State Fund board authorized the decrease, for the coming year. The...
Legislators aim to crack down on fraud
May 21 2007 // For years, Al Capone outwitted federal efforts to nail him for murder and other mobster-type crimes. The feds finally took him down with a breathtakingly simple courtroom gambit: tax evasion. California Capones Modern-day...
Mont. State Fund decreasing premiums 1%
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders. The State Fund board authorized the decrease, for the coming year. The...
D&O, workers’ comp lead downhill pricing parade, according to risk managers’ survey
May 21 2007 // Directors and officers insurance continues to be a highly competitive line. In the first quarter of 2007, D&O prices decreased by 7.7 percent and by more than 12 percent in the last two quarters of 2006 combined,...
British auto insurer survey targets women’s view of male drivers’ irritating habits
May 21 2007 // A survey from the United Kingdom’s Diamond, an automobile insurer that specializes in coverage for women drivers, reveals some of their male counterparts’ most irritating driving habits. While Diamond’s...
Agents Using ‘Real Time’ Really Save Time, IVANS Survey Says
May 21 2007 // Agents using industry-standard real-time solutions offered by their carriers claim time savings of more than 50 percent when processing transactions such as quoting, billing and claim inquiries, loss runs, and policy...
Legislators aim to crack down on fraud
May 21 2007 // For years, Al Capone outwitted federal efforts to nail him for murder and other mobster-type crimes. The feds finally took him down with a breathtakingly simple courtroom gambit: tax evasion. California Capones Modern-day...
Study: 1927 Mississippi Flood Would Cost Up To $160 Billion
May 18 2007 // A repeat of the 1927 Great Mississippi Flood, the largest flood disaster in U.S. history, could cost up to $160 billion in economic damages if it were to recur today, according to Risk Management Solutions, a Newark,...
Forecast: Conn. to Experience Big Population Shift, Slower Growth
May 17 2007 // With lagging birth rates and an influx of immigrants, the face of Connecticut is expected to change greatly over the next two decades. A new population analysis, released by the Connecticut State Data Center at the...
Mass. Workers’ Comp Rates Going Down Again, This Time by 16.9%
May 16 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s...
S&P Rates Gard P&I (Bermuda) ‘A+’; Outlook Stable
May 16 2007 // Standard & Poor’s Ratings Services has assigned its “A+” long-term counterparty credit and insurer financial strength ratings to Bermuda-based marine insurer Gard P&I (Bermuda) Ltd. with a...
Fire Outlook: 2007 Wildfire Season Looks Wicked
May 15 2007 // Fire scientists are predicting an above-average wildfire season from May through August 2007, according to the National Interagency Fire Center Predictive Services Group based in Boise, Idaho. In its “National...
