Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
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...
Motor vehicle theft declines in California, but violent crime increases
Dec 11 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
CA State Fund files rate decrease
Dec 11 2006 // California’s State Compensation Insurance Fund is calling for a 9 percent average decrease in collectible premium in its latest filing of workers’ compensation rates for 2007. The new rate will affect new and...
Students, Weapons and Bullying(April 2001 Journal of the American Medical Association Study)
Dec 10 2006 // •16 percent of 15,686 students surveyed nationally in the 6th though 10th grades said they had been bullied in that school year. •Of the 16 percent, 6 percent admitted to bullying other students. (Center for...
Motor vehicle theft declines in California, but violent crime increases
Dec 10 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
Swiss Re’s Economic Forum Focuses on Emerging Markets, Industry Outlook
Dec 6 2006 // Swiss Re’s recent Economic Forum noted the strong opportunities for insurance protection in emerging markets and a solid outlook for the insurance industry in 2007. The Forum, which began in London on Dec. 5,...
RMS Report Predicts Increasing Flood Risk in New Orleans
Dec 5 2006 // Risk Management Solutions released a report on the future flood risk faced by the city of New Orleans due to hurricane storm surges, concluding the threat of flooding continues to increase due to a combination of...
Motor Vehicle Theft Declines in California
Nov 29 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
Calif. State Fund Files Average 9 Percent Premium Decrease
Nov 28 2006 // California’s State Compensation Insurance Fund is calling for a 9 percent average decrease in collectible premium its latest filing of workers’ compensation rates for 2007. The new rate will affect new and...
Identity Theft Concerns Rise: Chicago Workers’ Data Mailed to Wrong People
Nov 28 2006 // Names, Social Security numbers and home addresses of nearly 1,740 former Chicago school employees were mistakenly mailed to other members of the group, prompting concerns the information could be used for identity...
German Insurer Allianz Foresees Future Job Cuts
Nov 28 2006 // German insurer Allianz SE said it had reached a new labor deal that avoids any near-term compulsory layoffs but still foresees some 5,700 jobs cut by the end of 2008. Under the agreement with the ver.di union, Allianz...
Ohio Report Provides Benchmark for Future Medical Mal Trends
Nov 20 2006 // For the first time, the state has compiled a report on the outcome of medical malpractice claims filed in Ohio _ providing a benchmark for future trends over what has been a hot-button issue between doctors and the lawyers...
N.Y. workers’ comp trusts: rising prices and broker concerns
Nov 20 2006 // N.Y. workers’ comp trusts: rising prices and broker concerns The inadequate rates that many of New York’s workers’ compensation self-insured trusts charge may increase effective Jan. 1, 2007 due to...
IIAT survey finds coastal insurance market tighter; more expensive
Nov 20 2006 // Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the...
Commercial lines prices up 7%; carriers reap benefits of higher renewals
Nov 20 2006 // Stock Prices: Commercial lines stock prices were up 7 percent through the first nine months of 2006. In October, insurers reported dramatic changes from 2005 third quarter earnings that were dominated by catastrophe losses...
IIAT survey finds coastal insurance market tighter; more expensive
Nov 19 2006 // Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the...
Commercial lines prices up 7%; carriers reap benefits of higher renewals
Nov 19 2006 // Stock Prices: Commercial lines stock prices were up 7 percent through the first nine months of 2006. In October, insurers reported dramatic changes from 2005 third quarter earnings that were dominated by catastrophe losses...
IAG Announces Plan to be ‘Carbon Neutral by 2012’
Nov 17 2006 // CEO Mike Hawker announced at the Insurance Australia Group Limited’s annual general meeting that IAG intends to make its global operations “carbon neutral within five years.” “As an insurance...
