Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Advocate, MD Insurance of the Southwest Enters Texas Malpractice Insurance Market
Sep 8 2004 // Announcing its entrance into the Texas malpractice insurance market, Advocate, MD Insurance of the Southwest said its improved coverage options and excellent rates are proof that tort reform efforts ushered in last year...
ILL. HOMEOWNERS COMPLAINTS UP 16%:
Sep 6 2004 // While Illinois consumers filed fewer complaints overall about their insurance companies and HMOs in 2003, complaints regarding homeowners insurers were up for the second consecutive year, according to statistics released...
NEW MEXICO’S MED-MAL RATES UP 9.8 PERCENT:
Sep 6 2004 // The Associated Press reported New Mexico medical malpractice insurance premiums have increased an average 9.8 percent this year, according to R. Kevin Clinton, president of American Physicians Capital Inc. Last year, rates...
YUMA HOMEOWNERS INSURANCE RATES COULD GO UP:
Sep 6 2004 // Insurance Services Office has lowered its rating on Yuma, Ariz.’s family home building codes, a move that could result in higher homeowners rates, according to the Associated Press. Yuma received a grade six grades...
S&P Raises Outlook, Affirms ratings on Tokio Marine’s Dublin Reinsurer TMGRe
Sep 3 2004 // Accompanying its announcement on TMRe, Standard & Poor’s Ratings Services also noted that it has revised its outlook on Dublin-based reinsurer Tokio Marine Global Re Ltd. (TMGRe) to stable from negative, and...
S&P Affirms Tokio Millennium Re ‘AA-‘ Rating, Upgrades Outlook on Guarantee by Parent
Sep 3 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Tokio Millennium Re Ltd. (TMRe) to stable from negative, and affirmed its “AA-” financial strength rating, based on a...
Survey Finds Personal Finance Concerns Outweigh Fears of Terrorism; Mistrust of Insurers
Sep 2 2004 // Euro RSCG Worldwide, a leading integrated marketing communications agency, has released the results of an online survey of more than 13,000 respondents in six countries, which found that more people consistently fret about...
Double-Digit Health Cost Increases Continue in N.Y.
Sep 1 2004 // For the fourth year in a row, a significant majority of employers in New York State were hit with double-digit increases in health-insurance premiums this year, and employers continue the struggle to minimize the damage...
New Report on U.K. Insurance Market Issued
Aug 31 2004 // Dublin-based consulting firm Research and Markets (http://www.researchandmarkets.com) announced the addition of a new “Insurance Companies Market Report 2004,” which provides an analysis of U.K. insurance...
Weiss: P/C Insurers Report First Underwriting Profit Since 1997
Aug 31 2004 // Dramatic improvements in underwriting performance by the nation’s property/casualty insurers led to the first underwriting gain in nearly seven years, according to the Jupiter, Fla.-based financial analysis firm...
Zurich’s Emerging Markets Unit Adds Marketing Manager in Hong Kong
Aug 27 2004 // Zurich announced that Susan Yee has joined its business unit providing insurance and risk management solutions in emerging markets as marketing manager in Hong Kong. She will be responsible for marketing and underwriting...
SCOR Posts 38.7 Percent 1st Half Net Income Increase to $70 Million
Aug 26 2004 // France’s SCOR Group didn’t do quite as well as Swiss Re, but it’s come a long way from the dark days of 2001. The reinsurer’s “Back on Track” restructuring plan and the recently approved...
S&P Revises Clarendon Outlook to Stable
Aug 26 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Clarendon National Insurance Co. and two of its subsidiaries — Clarendon America Insurance Co. and Redland Insurance Co....
Ill. Homeowners Complaints Up 2nd Year in Row
Aug 26 2004 // While Illinois consumers filed fewer complaints about their insurance companies and HMOs in 2003, complaints regarding homeowners insurers were up for the second consecutive year, according to statistics released by the...
Yuma Homeowners Insurance Rates Could Go Up
Aug 25 2004 // A national insurance organization has lowered its rating on Yuma, Arizona’s family home building codes, a move that could result in higher home insurance rates here. The Insurance Services Office reviewed the codes...
Fla. Tree Service Owner Cut Down on Fraud Charges
Aug 25 2004 // Florida Attorney General Charlie Crist announced price gouging charges against a Jacksonville man accused of charging 10 times the going rate to cut trees felled by Hurricane Charley in Volusia County. The Attorney...
Key Findings in the Fulbright U.S. Corporate Litigation Trends Survey
Aug 23 2004 // Top Five Litigation Concerns In-house counsel were asked to rank their top five areas of litigation exposure. The number one concern was labor and employment, with 62 percent identifying it as the chief cause of action....
St. Paul Intercompany Pool Outlook Neg
Aug 23 2004 // Moody’s Investors Service changed the outlook on the ratings for the legacy St. Paul intercompany pool to negative from positive. The outlook for St. Paul, TPCC, and TIGHI and the legacy Travelers intercompany pool...
2004 Aon Resource Fair Provides Networking Opportunity, Industry Outlook
Aug 23 2004 // From swapping business cards and ideas to sitting in on panel discussions, attendees at the 2004 Aon Resource Fair in Banff, Alberta, Canada consumed a lot of information in just three days in July. At a panel discussion...
WIS. COMP COSTS RISE 11%:
Aug 23 2004 // The average medical payment per claim to injured workers in Wisconsin continued to grow at a double-digit rate, according to a new study by the Workers Compensation Research Institute (WCRI). The study of 12 states...
