Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Private equity market increasingly bullish on insurance and E&S
Dec 25 2006 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
National Council on Compensation Insurance proposes increase for workers’ comp loss cost rates
Dec 24 2006 // The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs in Nevada, according to state Insurance...
Private equity market increasingly bullish on insurance and E&S
Dec 24 2006 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
2006 New Markets Report
Dec 24 2006 // New insurance products seemed to be in great supply in 2006 as the market for most lines continued to turn toward softer times. No market was as robust as professional and management liability lines, according to a review...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Report: Growth in Health Premiums Outpaces Earnings in Wyoming
Dec 20 2006 // Health care premiums grew about six times faster than earnings for Wyoming workers from 2000 to 2006, according to a report issued Monday by a consumer group. Families USA found that annual premiums for family health care...
Workers’ Comp Loss Costs, Assigned Risk Rates Going Down in N.H.
Dec 20 2006 // The New Hampshire Insurance Department has approved a workers’ compensation voluntary loss cost decrease of 0.9 percent on average along with a reduction in assigned risk rates of 0.6 percent. The new figures go into...
California Workers’ Comp Reforms Continuing to Bring Costs Down
Dec 20 2006 // The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through Sept. 30, 2006. The data seems to verify that workers’...
S&P Raises Outlook on Professionals Direct
Dec 20 2006 // Standard & Poor’s Ratings Services recently revised its outlook on Professionals Direct Insurance Co. (PDIC) to stable from negative. Standard & Poor’s also said that it affirmed its ‘BBB’...
S&P Lowers Transatlantic Re’s Outlook
Dec 20 2006 // Standard & Poor’s Ratings Services has revised its outlook on Transatlantic Holdings Inc. (TRH) and its operating subsidiaries – Putnam Reinsurance Co., Trans Re Zurich, and Transatlantic Reinsurance Co....
S&P Revises B.E.S.T. Re Outlook to Positive; Affirms ‘BBB’ Ratings
Dec 20 2006 // Standard & Poor’s Ratings Services has revised its outlook to positive from stable on Tunisia-based reinsurer B.E.S.T. Reinsurance Co. (Best Re). S&P also affirmed the Company’s ‘BBB’...
Best Affirms Arab Re ‘B+’; ‘bbb-‘ Ratings; Off Review, Outlook Stable
Dec 18 2006 // A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit rating (ICR) of “bbb-” of Lebanon’s Arab Reinsurance Company S.A.L. Best also removed the...
Best Affirms Montpelier Re ‘A-‘ Ratings; Raises Outlook to ‘Stable’
Dec 18 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Bermuda-based Montpelier Reinsurance Ltd. Concurrently, Best affirmed the ICR of...
NCCI Proposes Increase for Workers’ Compensation Loss Costs
Dec 15 2006 // The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs, according to Nevada Insurance Commissioner Alice...
Tillinghast: Overall U.S. Tort Costs Dropping; Fewer Auto Claims Drive Decline
Dec 14 2006 // U.S. tort costs totaled $261 billion in 2005, which is approximately $880 per person and $4 less per person than in 2004, according to the 2006 Update on U.S. Tort Cost Trends from the Tillinghast business of Towers...
Her Future’s Uncertain but Mass. Commissioner Keeps Busy
Dec 13 2006 // These are busy days for Massachusetts Insurance Commissioner Julianne Bowler. Within weeks, even days, Bowler is expected to release final plans for a new auto insurance assigned risk plan, decide on auto insurance rates...
Best Affirms Endurance Ratings; Raises Outlook to Positive
Dec 12 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit ratings (ICR) of “a-” of Bermuda-based Endurance Specialty Insurance Ltd. and its operating...
NCAR Study Foresees No Summer Arctic Ice by 2040
Dec 12 2006 // According to the latest study by a team of scientists from the National Center for Atmospheric Research (NCAR), the University of Washington, and McGill University, the Arctic ice pack is recovering less and less from...
Best Affirms RenRe Ltd., Europe FSR Ratings; Raises Debt Ratings to ‘a+’; Outlook Positive
Dec 12 2006 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A” (Excellent) and upgraded the issuer credit ratings (ICR) to “a+” from “a” of Renaissance Reinsurance Ltd. and...
Report Details How Conn. Economy Still Depends Upon Insurance Sector
Dec 11 2006 // Connecticut remains dependent upon the insurance sector for many of its jobs and much of its economic growth, a new report by an industry coalition confirms. The state has triple the U.S. average of insurance carrier jobs...
