Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
State Auto Financial Reports 2005 Net Income Up 14%
Feb 21 2006 // Columbus, Ohio-based State Auto Financial Corporation reported that revenue for the year 2005 was $1.14 billion, up from $1.09 billion for the same 2004 period. For the year 2005, State Auto achieved record net income of...
comScore: 24% Growth in Auto Quotes and 29% Gain in Online Policy Purchases in 2005
Feb 21 2006 // Consumers flocked online to research and purchase auto insurance in 2005 according to an analysis released this week by comScore Networks, a provider in the use of the Internet to measure and understand consumer behavior...
Excess and surplus lines wholesalers see a steady wave of growth in 2006
Feb 20 2006 // Excess and surplus lines experts expect to see steady premium growth in 2006, with commercial property and contractors business leading the way, according to an exclusive Insurance Journal survey. Nearly 85% of survey...
S&P reports favorable workers’ comp outlook
Feb 19 2006 // The outlook for the U.S. workers’ compensation sector in 2006 is good, with the ratings impact for insurers expected to be neutral on the whole, according to a report from Standard & Poor’s Ratings...
Special Report: E&S Snapshot Survey
Feb 19 2006 // Excess and surplus lines wholesalers see a steady wave of growth in 2006 Excess and surplus lines experts expect to see steady premium growth in 2006, with commercial property and contractors business leading the way,...
Best Continues Negative Outlook on U.S. Commercial Sector
Feb 17 2006 // A.M. Best Co. has completed its assessment of the U.S. commercial market and is extending its negative outlook for 2006. As a consequence, A.M. Best anticipates that there will be few rating upgrades or positive rating...
Best Maintains Stable Outlook on Personal Lines Market Segment
Feb 16 2006 // A.M. Best Co. maintains a stable outlook for the personal lines segment in 2006 based on its favorable risk-adjusted capitalization and consistently strong operating profitability. Despite the impact from an unprecedented...
ING Group 2005 Net Profits up 25.3% to $8.56 Billion
Feb 16 2006 // ING Group, the Netherlands-based international banking, financial services and insurance company, posted strong results for 2005 with net profits up 25.3 percent to €7.21 billion ($8.56 billion). Other earnings...
Best Maintains Negative Outlook on U.S. and Bermuda Re Sectors
Feb 16 2006 // A.M. Best Co. announced that after completing an assessment of the U.S. and Bermuda reinsurance markets, it is extending its negative outlook for 2006. Best said it “anticipates that there will be few if any rating...
Survey Says Men and Women Differ on Bad Weather Driving Expertise
Feb 16 2006 // Men and women don’t see eye to eye when it comes to rating the driving skills of their significant others, according to a Chrysler Group “Bad Weather Driving” survey that polled more than 1,000 adults and...
Munich Re January Reinsurance Treaty Renewals Show Rate Increases
Feb 15 2006 // Munich Re followed Swiss Re’s announcement yesterday (See IJ Web site Feb. 14) with its own upbeat report on the January reinsurance treaty renewal season. The world’s largest reinsurer said that as of Jan. 1...
Happy Valentine’s Day Survey for U.K.’s Over 50’s
Feb 14 2006 // A recent study by RIAS, a U.K. carrier that specializes in providing insurance products for the over 50s age group, shows that love at first sight isn’t confined to teenagers and 20-somethings.The survey found that...
Hearings Slated in Orlando, Fla. on American Strategic’s Rate Increases
Feb 13 2006 // The Florida Office of Insurance Regulation will conduct public hearings Monday in Orlando, Fla. concerning rate filings by American Strategic Insurance Corporation/ASI Assurance Corporation. American Strategic is proposing...
N.Y. Sets Agenda for Public Hearing on Homeowners Insurance Market
Feb 13 2006 // New York Superintendent of Insurance Howard Mills released the agenda for a public hearing on the state’s current homeowners’ insurance marketplace that is scheduled for Monday, Feb. 27. The public hearing will...
Europe Seeks Strategies to Cope with Rising Costs from Aging Population
Feb 13 2006 // Europe is facing an immense demographic challenge that will cuts its growth rate substantially and strain its public finances as its baby boomers retire and life expectancy increases, although some countries have taken...
GE Insurance Solutions: Legal Reform Momentum Continues
Feb 10 2006 // Victories and defeats in the courtroom can impact the nation’s economy, with potential consequences for decades to come. GE Insurance Solutions has been tracking and shaping efforts to level the litigation playing...
Past, Present and Future Hurricane Issues Top Feb. 8-11 Windstorm Conference Agenda
Feb 8 2006 // Past, present and future hurricane issues, how to prepare for the 2006 hurricane season and what to expect will be discussed during the Feb. 8 to 11 Seventh Annual Windstorm Insurance Conference and Exhibit kicking off...
Outlook Good For U.S. Workers’ Comp; State Reforms, Strong Results Factors
Feb 8 2006 // The outlook for the U.S. workers’ compensation sector in 2006 is good, with the ratings impact for insurers expected to be neutral on the whole, according to a report released by Standard & Poor’s Ratings...
Kingsway Grows Net Income by 24% for 2005; Dividend Increases 25%
Feb 8 2006 // Canada-based Kingsway Financial Services Inc. reported financial results for the fourth quarter and year ended Dec. 31, 2005 (Cdn dollars except where indicated). Net income for the quarter increased 16% to $42.1 million...
