Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Alaska Wary of ‘California Style’ Blackouts; Study Assesses Global Hailstorm Trends
Apr 1 2021 // Alaska could face “California-style” blackouts as climate change increases the state’s wildfire risk. That’s according to an article this week in the Anchorage Daily News. The article centers on...
North Carolina Residents Struggle to Recover from Strongest Tornado on Record
Mar 31 2021 // It’s been over a month since a tornado tore through southeastern Brunswick County. In Ocean Ridge Plantation, the neighborhood that bore the brunt of the storm damage, some homeowners remain in limbo. Carol Phillips...
Insurance Industry Stepping Up as Cyber Risks Mount for High-Net-Worth
Mar 31 2021 // Powered by InsuranceJournal.tv Cyber attacks can strike any individual or business at any time, but on this episode of the Insuring Cyber Podcast, Insurance Journal’s Elizabeth Blosfield spoke with two guests about...
Number of Independent Agencies Dips a Bit: Future One Study
Mar 30 2021 // Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a number slightly below the last tally of 36,500 in 2018. That’s...
Participate in Insurance Journal’s Young Agent Survey Today
Mar 25 2021 // Insurance Journal is seeking young independent insurance agents – those 40 and under – to share their thoughts on the insurance industry, their job and their future as a young professional in the annual Young...
National Weather Service Upgrades Forecast Model
Mar 25 2021 // The National Weather Service has turbocharged its lagging forecast model to better predict extreme weather events such as hurricanes, blizzards and downpours, as well as day-to-day weather. By including much higher layers...
Britain Proposes Requiring Large Firms to Disclose Climate Financial Risks by 2022
Mar 24 2021 // Britain launched a public consultation on Wednesday on proposals to require large companies as soon as 2022 to disclose the financial risks they face from climate change. The business ministry said disclosures should be in...
New Mexico Lawmakers Aim to Address Rising Costs of Child-Abuse Settlements
Mar 23 2021 // The New Mexico state Legislature has passed a bill aimed at reducing the rehiring of abusive teachers and addressing the rising costs of child-abuse-related settlements. The Senate passed the bill 37-0 on late last week,...
$0 to $100M in 3 Years: Fast-Growing Work Comp Provider Sees Bright Future Ahead
Mar 23 2021 // Despite the softening of rates and the challenges of the coronavirus pandemic, one Midwest-based workers’ compensation insurance provider that opened its doors just over three years ago reports that it not only has...
North Carolina Insurers Request Increases on Mobile Home Policy Rates
Mar 23 2021 // The North Carolina Rate Bureau has filed a request with the North Carolina Department of Insurance to increase insurance rates for mobile home policies. The NCRB, which represents insurance companies and is not a part of...
Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study
Mar 22 2021 // LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit...
India Increases Limit on Foreign Direct Investment in Insurance Companies
Mar 22 2021 // India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give a fillip to an economy battered by the pandemic. Lawmakers approved a legislation increasing the limit...
Florida to Hold Hearing on Proposed National Specialty 24.9% Rate Increase
Mar 22 2021 // The Florida Office of Insurance Regulation will conduct a virtual rate hearing this week on a proposed 24.9% rate increase filed by National Specialty Insurance Co. for its homeowners multi-peril lines of...
Citizens’ CEO: Florida Property Insurance Market is Shutting Down
Mar 19 2021 // Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new policies flood into it each week and the private homeowners insurance market continues...
Hundreds of Flights Canceled During China’s Worst Sandstorm in Decade
Mar 16 2021 // BEIJING – China’s capital and a wide swath of the country’s north were enveloped Monday in the worst sandstorm in a decade, leading to the cancellation of hundreds of flights. Skyscrapers in the center of...
Florida Regulator to Hold Hearing for Proposed Citizens’ Rate Increases
Mar 12 2021 // The Florida Office of Insurance Regulation will conduct a rate hearing on Monday, March 15 on proposed rate increases from Citizens Property Insurance Corp. The hearing will be held virtually at 9 am EST and will include...
California’s Five Largest Counties Forecast Looser Virus Rules
Mar 11 2021 // Three of the five largest counties in California could reopen as early as this weekend for indoor dining, movie theaters and gyms at limited capacity under a new metric aimed at getting more shots to those most...
What Stakeholders Are Saying About the Florida Insurance Market
Mar 11 2021 // Florida stakeholders are pushing hard for the Florida Legislature to enact property insurance reforms this year to help the state address what has been deemed a market crisis. Read on for what everyone from the...
Indiana Says Medical Malpractice Surcharge Rates to Decrease in July
Mar 10 2021 // The surcharge rates for healthcare providers electing to be qualified under Indiana’s Medical Malpractice Act will go down in July, the Indiana Department of Insurance has announced. The department outlined the rate...
Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4
Mar 9 2021 // U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey...
