Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
WTW Reports Net Loss in 2024 With Organic Revenue Growth of 5%
Feb 4 2025 // WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million in the same period in 2023. However, the broker saw a net loss for the year of $88 million, compared with net...
Securities Class Actions Increase Again in 2024; AI-Related Filings Double
Feb 4 2025 // The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings more than doubling from the previous year, according to a new report...
Tesla Sees Another Quarterly Decline in California Auto Sales Report
Feb 3 2025 // Tesla sales fell in California in the fourth quarter of 2024, bringing down overall sales of the popular vehicle further for the year, according to a new report. The California New Car Dealers Association released its...
Will Georgia Gov. Kemp’s Move to Curb Lawsuits Keep Insurance Rates From Rising?
Feb 3 2025 // Georgia Gov. Brian Kemp on Thursday reiterated his simple pitch for lawsuit limits: They’ll halt rising insurance costs. The reality, though, is more complicated. Changes could reduce liability insurance costs for...
AM Best Revises Outlook to Positive for RLI
Jan 31 2025 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the...
Aon Reports Organic Growth of 6% for 4th Quarter and Full-Year 2024
Jan 31 2025 // Aon reported net income attributable to shareholders of $716 million during the fourth quarter, a 44% increase from the $498 million reported in Q4 2023. For full-year 2024, net income attributable to shareholders...
Marsh McLennan Reports Organic Growth of 7% During Q4 and Full-Year 2024
Jan 30 2025 // Marsh McLennan reported fourth quarter net income of $788 million, compared with $756 billion during Q4 2023. For the full-year 2024, MMC had net income of $4.1 billion, compared with $3.8 billion reported for FY 2023....
Generali to Pay Out Over €7 Billion in Dividends by 2027
Jan 30 2025 // Assicurazioni Generali SpA plans to return more than €7 billion ($7.3 billion) in dividends and buy back at least €1.5 billion in shares by 2027, as Chief Executive Officer Philippe Donnet pursues growth in asset...
Theft and Violence in UK Retail Soar to Record Levels, Survey Shows
Jan 30 2025 // Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday. Industry body the...
Growth of Pet Insurance Continues as Market Could Reach $4.5B
Jan 29 2025 // Any pet owner who has been hit by sticker shock at the vet’s office understands why pet insurance is a booming business. Pet health insurance purchases have been up over the last several years, dramatically expanding...
Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows
Jan 28 2025 // Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations...
2025 Agency Salary Survey: Deadline Approaching
Jan 28 2025 // It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine. ALL retail agency owners, principals, producers, CSRs — the...
APCIA: Insurance Markets Work Best Without Excessive Price Regulation
Jan 28 2025 // The American Property Casualty Insurance Association (APCIA) recently released a report that concludes over-regulation impedes insurance markets “Insurance markets function best when allowed to operate competitively,...
Texas Reports 564 Fatal Occupational Injuries in 2023, Down Slightly From Prior Year
Jan 27 2025 // The Texas Department of Insurance, Division of Workers’ Compensation this month released a report on fatal occupational injuries in Texas for the 2023 year, finding that fatal injuries were slightly down compared to...
Industry Trends to Exploit for 2025 – Part Two
Jan 27 2025 // This article follows Part One from last month and covers group benefits and health insurance, the effects of natural disasters on insurance, insurtech and technology, and market conditions. Group Benefits and Health...
Fitch Revises Mercury’s Outlook to Negative
Jan 24 2025 // Fitch Ratings said in an outlook revision that it expects Mercury General Corp.’s credit profile will withstand the impact of the Eaton and Palisades fires near Los Angeles, but the agency also gave a negative...
Where Homeowners Rates Are Rising—and Who Is Raising Them Most
Jan 24 2025 // According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and American Family Insurance topped a list of 10 insurers ranked by average rate change. The...
Moody’s Expects LA Wildfires to Increase Property Insurance Costs Across State
Jan 23 2025 // Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California. According to Moody’s, the state’s already noticeable...
OPTIS: 2024 Insurance Agency M&A Down 10%, Highlighted by 3 Large Deals
Jan 23 2025 // The total number of insurance agency mergers and acquisitions in 2024 was down 10% compared to 2023, according to investment banking and financial consulting firm OPTIS Partners. OPTIS Partners’ M&A database...
EU Is Set to Shrink ESG Reporting Rules Amid French Demands
Jan 22 2025 // The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the regulatory framework. The French government is...
