Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
New Mexico Wildfire Evacuees Worry About Their Future
May 23 2022 // As more than 2,700 firefighters in northern New Mexico continued to battle the nation’s largest active wildfire on Sunday, many evacuees were growing concerned about their future after weeks away from home The...
Volkswagen Targeted in Court Case That Seeks to Eliminate Polluting Cars by 2030
May 23 2022 // First it was oil giant Shell Plc, now it’s the turn of Europe’s biggest carmaker. In the wake of a landmark Dutch ruling a year ago which ordered Shell to cut its emissions by 45% by 2030, a German organic...
Global Power Grids Face Biggest Test in Decades With Summer Blackouts Expected
May 23 2022 // Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies. War. Drought. Production shortages. Historically low inventories. And...
Generali Q1 Net Profit Beats Forecasts, Despite Russia Impairments
May 19 2022 // Assicurazioni Generali beat expectations in the first quarter even as impairments on Russia drove net profit lower, a boost for CEO Philippe Donnet who last month won a shareholder battle to keep his job for another three...
Tesla Bets It Can Bring Down Insurance Costs, Make Driving Safer
May 18 2022 // For more than six weeks now, the tech and finance industry has been riveted by Elon Musk’s pursuit of Twitter. The topic has sucked up tons of oxygen and contributed to Tesla shares sagging amid a broader market rout...
Rise of Remote Work to Define Future of City of London
May 18 2022 // More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the challenge the industry faces if it tries to persuade bankers to return to pre-pandemic norms. The demand for a new...
Asked to Rethink 41% Rate Increase, Florida Farm Bureau Did. New Request is Higher
May 18 2022 // When Florida Farm Bureau Insurance companies filed for a 41% rate increase for homeowners last December, the Florida Office of Insurance Regulation asked company actuaries to sharpen their pencils, review all data and try...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey
May 17 2022 // Cyber attacks are now seen as the dominant risk for many businesses – ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its Cyber Readiness Report...
Workers’ Comp Claims from 10 Years of Legal Cannabis in Colorado Reveal a Boring Trend
May 16 2022 // Data on injured workers from the nation’s most mature adult-use cannabis market is pretty boring. No excessive claims resulting from injuries suffered by stoned forklift drivers, high cultivators, or even dispensary...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA
May 16 2022 // A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy, reveals a majority of insured homeowners have not taken important steps to ensure...
Report Forecasts ‘Above-Normal’ U.S. Wildfire Season, Worse in Drought-Plagued West
May 16 2022 // The U.S. has in store an “above-normal” wildfire season if a prediction from fire weather experts holds true — “intense” may be a better word for the expectations in the Western region. Early...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market
May 16 2022 // The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace grew 74% to over $4.8 billion, according to a report from Fitch Ratings. Overall, the top...
Africa Specialty Risks Increases Energy Portfolio’s Capacity to $38 Million
May 13 2022 // Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced its energy division’s capacity increased to $38 million, provided through its ongoing relationship with GIC Re and Peak Re. This...
Zurich Reports Strong Growth in Q1, Driven by Rising Commercial Insurance Rates
May 13 2022 // Zurich Insurance Group has made a strong start to the year and expects to exceed all its financial targets for 2022, despite ongoing inflationary pressures. The company has minimal exposure to the war in Ukraine. Premium...
U.S. Cities Are Backing Off Banning Facial Recognition as Crime Rises
May 12 2022 // Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid a surge in crime and increased lobbying from developers. Virginia in...
Claims Frequency Up for 2021, but Workers’ Comp Profitability ‘Unprecedented’
May 11 2022 // For the first time in more than a decade, workers’ compensation claims frequency, outside of COVID-19 illness claims, increased in the United States last year. But not to worry, the trend won’t last, and the...
Forecast Calls for High Risk of Wildfires in Central Oregon
May 10 2022 // As summer approaches forecasters say Central Oregon has the highest fire risk of anywhere in the state. Oregon Public Broadcasting reports the latest fire season outlook, released this week by the National Interagency Fire...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market
May 9 2022 // The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace grew 74% to over $4.8 billion, according to a report from Fitch Ratings. Overall, the top...
Report: Michigan 2020 Dam Failures Were ‘Preventable’
May 6 2022 // The failure of two Michigan dams that forced evacuation of 10,000 people and destroyed 150 homes was “foreseeable and preventable,” resulting from errors and miscalculations over nearly a century, an expert...
Tornadoes Hit Texas, Oklahoma; More Storms in Forecast
May 6 2022 // A springtime storm system spawned several tornadoes that whipped through areas of Texas and Oklahoma, causing damage to a school, a marijuana farm and other structures. There were no reports of serious injuries following...
