Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
California State Compensation Insurance Fund files average 10 percent premium decrease
Jun 19 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...
IBC Study Finds Canada’s Legal Environment is ‘Increasingly Uncertain’
Jun 16 2006 // The Insurance Bureau of Canada notes the conclusions of a new study that found the country’s home, car and business insurers believe that “the legal environment in Canada is becoming increasingly uncertain, and...
Employers Insurance Group’s Outlook Positive
Jun 16 2006 // Reno, Nev.-based Employers Insurance Group’s financial strength rating has been raised from “stable” to “positive,” and A- (Excellent) forthe group of workers’ compensation insurance...
Car Crash Death Rate for Seniors, Already High, Expected to Rise
Jun 15 2006 // A study co-authored by a University of Virginia professor suggests that seniors citizens will die in car accidents at a higher rate in the years ahead as America’s 75 million baby boomers age, grow more frail and...
Best Affirms AXA Canada P/C Subsidiaries Ratings; Revises Outlook to ‘Stable’
Jun 14 2006 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of several of AXA Canada Inc.’s property/casualty insurance subsidiaries, as follows: the FSR of “A” (Excellent) of AXA Assurances Inc....
For Reinsurers, Demand Is Up, Capacity Is Down, Alternatives Gaining
Jun 14 2006 // Whether in the U.S., the U.K., Bermuda, or elsewhere, the message from reinsurance companies is the same: demand is up, and capacity is down. However, it is still a lively market, with alternative capital sources such as...
W.Va. Workers’ Comp Loss Costs Decrease 10 Percent
Jun 13 2006 // West Virginia Insurance Commissioner, Jane L. Cline has announced that the Offices of the Insurance Commissioner have approved an overall 10 percent decrease in loss costs for workers’ compensation rates. Loss cost...
Congress To Be Warned of Increasing Natural Catastrophe Risk
Jun 13 2006 // Congressional Research Service (CRS) is hosting a seminar ar the U.S. Capitol Building today titled, “Insuring and Mitigating Risks of Large-Scale Disasters: Is Federal Disaster Insurance Needed?” There, AIR...
Increased Liability Limits Result in S.C. Controversy
Jun 9 2006 // South Carolina Gov. Mark Sanford’s veto of legislation that would increase bodily injury liability limits from $15,000 to $25,000 for one person, and from $30,000 to $50,000 for all persons injured in an auto...
Survey: Lack of Confidence in Cyber Security Has Economic, Political Effects
Jun 7 2006 // Americans share a lack of confidence in the Internet that could have political consequences. In addition, the lack of action by government to boost security of the digital infrastructure is manifesting itself in economic...
S&P Affirms PZU’s ‘A-‘ Rating; Revises Outlook to ‘Negative’ After Firing of CEO
Jun 6 2006 // Standard & Poor’s Ratings Services has revised its outlook on Polish non-life insurer Powszechny Zaklad Ubezpieczen S.A. (PZU S.A.) and life insurer Powszechny Zaklad Ubezpieczen na Zycie S.A. (PZU Zycie), core...
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...
