Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
A.M. Best: P/C Insurers Report Strong Gains for First Half of 2005
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
WCIRB Survey Indicates California Workers’ Comp Reform is Working
Oct 17 2005 // State workers’ compensation claims and disability costs have dropped significantly since California’s workers’ compensation system was overhauled in 2003 and 2004, according to the Workers’...
Colorado’s Auto Rates Drop Up to 39% Under New System
Oct 17 2005 // Colorado automobile insurance rates have dropped between 16 and 39 percent, depending on the location of the driver and coverages purchased, according to a new Property Casualty Insurers Association of America, (PCI) and...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide, insured acres have increased by 14.6 million acres, and coverage has increased by $12.2...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
Mo. Health Program Reform Increases Cost for Families
Oct 17 2005 // More than 12,000 Missouri families saw health insurance on their children lapse this month when they failed to pay new premiums required by the state’s Children’s Health Insurance Program. The new premiums,...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // With Katrina’s impact yet to be felt, farmers in low loss-ratio states may have to pick up the slack for the hard-hit Gulf Coast farmers in months and years to come. If anything, the aftermath of Katrina underlines...
As Insured Acres Increase Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide, insured acres have increased by 14.6 million acres and coverage increased by $12.2 billion...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // As a direct result of the Agricultural Risk Protection Act of 2000 more farmers are insuring their cropland. Nationwide, insured acres have increased by 14.6 million acres and coverage increased by $12.2 billion over the...
As Motorcycle Theft Rates Soar, Survey Reveals Bikers’ Concern
Oct 17 2005 // With motorcycle theft rates climbing more than 55 percent and bike sales soaring at unprecedented rates, a survey of motorcycle owners revealed that a full 49 percent are concerned about bike theft and 84 percent believe...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // The hurricane [Katrina] produced catastrophic Broward and Miami- Dade counties in Florida. As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide,...
WCIRB Survey Indicates California Workers’ Comp Reform is Working
Oct 17 2005 // State workers’ compensation claims and disability costs have dropped significantly since California’s workers’ compensation system was overhauled in 2003 and 2004, according to the Workers’...
Colorado’s Auto Rates Drop Up to 39% Under New System
Oct 17 2005 // Colorado automobile insurance rates have dropped between 16 and 39 percent, depending on the location of the driver and coverages purchased, according to a new Property Casualty Insurers Association of America, (PCI) and...
Miss. Medical Assurance Co. Announces 5 Percent Decrease in Medical Malpractice Rates
Oct 14 2005 // Medical Assurance Co. of Mississippi, a physician owned provider which covers about 70 percent of the state’s physicians, has announced a 5 percent decrease in its 2006 malpractice rates and a 10 percent refund on...
S&P Finds ‘Positive Trends’ in European Insurance Market
Oct 11 2005 // Standard & Poor’s Ratings Services has published its quarterly analysis of the leading European insurers, entitled “Industry Report Card: European Insurance.” S&P found that positive trends in...
N.H. Grapples with Worst Flood in Decades; Lives, Homes, Businesses Lost
Oct 11 2005 // New Hampshire Gov. John Lynch, joined by state emergency officials, today toured communities devastated by flooding from this weekend’s rains. “This weekend’s floods devastated a number of our...
Lloyd’s Report Says Global Businesses Fail to Identify, Manage Emerging Risks
Oct 5 2005 // Despite spending more time on risk management, board directors at global businesses are failing to identify and manage emerging risks effectively, according to a new research report published by...
Symposium on the Future of Terrorism Risk Insurance Kicks Off, Oct. 7
Oct 5 2005 // In the wake of Hurricanes Katrina and Rita, leaders from the public and private sectors from throughout the nation will take part in the National Symposium on Terrorism Risk Insurance in the Cannon House Office Building on...
Aon: Private Insurance Market Will Fail Without Some Form of Public Backstop Against CAT Terror Losses
Oct 5 2005 // In anticipation of the Oct. 7, National Symposium on the Future of Terrorism Risk Insurance, Aon said Wednesday that the private insurance market cannot operate without some form of public backstop against catastrophic...
