Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Contractors not buying into professional liability Ames & Gough survey finds as many as 50% of contractors not covered
Jan 7 2007 // Contractors, project owners, and project finance professionals are increasingly interested in the niche market of contractors’ professional liability insurance (CPLI), according to a recent survey of insurers writing...
Tulsa Zoo to Exhibit Disaster-Resistant Homes for Future
Jan 5 2007 // The Tulsa Zoo will soon showcase an exhibit featuring a prototype for environmentally friendly and disaster-proof homes of the future. State Farm Insurance and American Electric Power-Public Service Company of Oklahoma...
UK’S Met Office Forecasts 2007 as Potentially Hottest Year on Record
Jan 4 2007 // The UK’s Weather Service, The Met Office Hadley Centre, in conjunction with the University of East Anglia, is forecasting average global temperature increases of 0.54°C (0.972°F) above the long-term (1961-1990)...
La. Reports Stable Unemployment Rate; Strong Nonfarm Job Growth
Jan 2 2007 // Louisiana gained 1,400 nonfarm jobs in November 2006 and 59,900 jobs over the year, according to the Louisiana Department of Labor. The November 2006 nonfarm job gains were repeated in every Metropolitan Statistical Area...
Ind. Traffic Fatalities Show Decline in 2006
Dec 29 2006 // Preliminary statistics show that the number of fatalities on Indiana’s roadways this year has dropped significantly from 2005, according to data from the Indiana State Police (ISP). Through Dec. 22, there have been...
Study: Health Care Costs in La. Rise Faster Than Paychecks
Dec 29 2006 // The costs of health insurance for a Louisiana family are rising much quicker than paychecks are growing, a new report says. From 2000 to 2006, the health care premiums for Louisiana’s families grew nearly five times...
Parents Confused Over Child Safety Seats, Fed Survey Says
Dec 29 2006 // Many parents are confused about the proper way to install child safety seats in their vehicles despite attempts to simplify the system, the government said. About 40 percent of parents still rely on seat belts when...
Medical Protective Decreasing Medical Malpractice Rates in Nevada
Dec 28 2006 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved revised classification relativities filed by the Medical Protective Co. for physicians and surgeons. The revised factors contemplate an average 5.4 percent...
Drunk Driving Death Rates Declined in 23 States Last Year
Dec 26 2006 // Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration...
National Council on Compensation Insurance proposes increase for workers’ comp loss cost rates
Dec 25 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...
2006: Agents fight to keep their pay and insurers wise up to the future
Dec 25 2006 // The fight to save contingent commissions topped the minds of agents across the nation as a few select states drove public policy efforts to end their use by insurers. The industry grabbed hold of predictive modeling and...
2006: Soft market offers up many new insurance products
Dec 25 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...
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’...
