Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Hartwig predicts profitable 2006, premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
HARTWIG PREDICTS PROFITABLE 2006, SEES PREMIUM GROWTH GRINDING TO A HALT
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist, said during...
Post Spitzer, merger activity picking up
Jun 5 2006 // Last year wasn’t the busiest year for mergers and acquisitions, but as concerns over various probes of the insurance industry fade, activity is picking up, according to Kevin Donoghue, of Mystic Capital Advisors...
Hartwig predicts profitable 2006, sees premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good in the industry overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief...
Market trends downward slightly; habitational still a challenge
Jun 5 2006 // After the recent hard markets, rates for professional liability insurance for architects and engineers are beginning to see some relief. Even so — despite 10 percent to 20 percent drops in professional liability...
Millions of renters lack insurance, says Trusted Choice survey
Jun 5 2006 // Almost 25 million U.S. families renting their homes are going bare on insurance coverage, leaving themselves vulnerable to serious property and liability losses. Many renters without coverage own valuable, high-tech...
Hartwig predicts profitable 2006, premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Hartwig predicts profitable 2006, sees premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist, said during...
Risk managers report cost of risk down in 2005
Jun 5 2006 // The commercial insurance industry remained a buyers’ market in 2005, and shows no signs of hardening any time soon, according to the 2005 Annual Benchmark Survey from the Risk and Insurance Management Society...
Hartwig predicts profitable 2006, premium growth grinding to halt
Jun 5 2006 // The past 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Hartwig Predicts Profitable 2006, Premium Growth Grinding to Halt
Jun 5 2006 // The past 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Cape Cod Home Rates Continue to Rise; Another Insurer Exits
Jun 4 2006 // Cape Cod homeowners who kept their policies even after some major insurance companies pulled out of the region are now facing rate hikes of as much as 200 percent from insurers still serving the area. At least four...
California State Fund Files Average 10 Percent Premium Decrease
Jun 2 2006 // California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with...
New Ark. Workers’ Comp Rates Show Overall Decline
Jun 1 2006 // Arkansas Insurance Commissioner Julie Benafield Bowman announced new, lower-on-average, workers’ compensation rates, which will become effective July 1, 2006. “While the decrease is moderate, we are pleased to...
Hanover Insurance Group Rates Positive Outlook, Say S&P
Jun 1 2006 // Standard & Poor’s Ratings Services has revised its outlook on Hanover Insurance Group Inc. and its operating company subsidiaries to positive from stable. At the same time, Standard & Poor’s affirmed...
Safeco Insurance Intercompany Ratings Affirmed, Outlook Positive
Jun 1 2006 // Standard & Poor’s Ratings Services said today it affirmed its “A+” counterparty credit and financial strength ratings on the Safeco Intercompany Pool members. S&P also affirmed its...
Aon Corp. Responds to U.S. Treasury’s Request for Comment on Future of Terrorism Act
May 31 2006 // Chicago-based Aon Corp. has responded to the U.S. Treasury’s request for comment on the state of the U.S. terrorism insurance marketplace, warning of the danger of allowing the Terrorism Risk Insurance Act of 2002...
Allianz Australia Joining Global Transport to Increase Sector Growth
May 31 2006 // Allianz Australia Insurance Group has taken an equity position in Global Transport & Automotive Insurance Solutions (GT), formerly Global Motor Underwriting, to “provide a market leading facility to service...
Texas Windstorm Association to Increase Rates
May 30 2006 // Texas Insurance Commissioner Mike Geeslin on May 26 signed a Commissioner’s Order allowing the Texas Windstorm Insurance Association (TWIA) to increase rates for residential homeowners’ wind coverage by 3.1...
White Paper Voices Concern About Property Insurance Market’s Status
May 26 2006 // The insurance industry is bracing for another active hurricane season if predictions turn into reality. Most insurance companies, including the state-run insurer of last resort, have filed for rate increases as the entire...
