Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Maine Approves 9.6% Decrease in Workers’ Compensation Costs
Apr 7 2025 // Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of...
Why Some Transportation Risks Could Find Options With Captives: Risky Future Webinar
Apr 7 2025 // Standard market woes, captive growth, and the increased importance of navigating relationships with third-party administrators–insurance experts in the commercial trucking arena have helped their clients traverse a...
Inflation, Rising Claim Costs, Riskier Business Reasons Cited for Rate Increases in A&E Market: Survey
Apr 7 2025 // Architects and engineers professional liability insurers report concerns about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design...
Today’s Commercial Property Market in ‘Better Place’ Brokers Assess 4 Current Trends: Vacancies, Alternatives, Valuations, Wildfires
Apr 7 2025 // Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That’s good news for insureds, commercial property brokers say, as clients begin to...
Pennsylvania Woman Charged With Filing Claim on Barn Pulled Down by TV Show
Apr 4 2025 // A Pennsylvania woman who sold part of her barn for use in a barn-rebuilding TV reality show now faces charges after investigators said she filed a fraudulent wind claim on the structure. Tracey Jeffreys, 63, of the Milton...
Early CSU Hurricane Season Forecast Calls for ‘Above-Average’ Activity
Apr 3 2025 // The team of hurricane researchers at Colorado State University has predicted an above-average Atlantic hurricane season for 2025. CSU’s initial forecast of the hurricane season issued April 3 calls for 17 named...
Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty
Apr 3 2025 // The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte. The report, “Reinventing the insurance customer experience for loyalty,” highlights how...
TDI to Adopt 11.5% Workers’ Comp Rate Decrease
Apr 2 2025 // The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance (NCCI) advisory loss cost filing proposal of an overall average decrease of 11.5% to the current...
Swiss Market Regulator FINMA Restructures; Head of Insurance Division to Step Down
Apr 2 2025 // Swiss financial market watchdog FINMA has revamped its organizational structure with immediate effect, the regulator said on Tuesday, as it gears up for future challenges including supervision of the enlarged...
North Carolina Commissioner Settles Mobile Home Rate Increase at 11%
Apr 2 2025 // North Carolina Insurance Mike Causey said Tuesday that he had negotiated a lower average rate increase for mobile home policies than the North Carolina Rate Bureau had asked for. “I am happy to announce that North...
California OKs Increase in FAIR Plan Commercial Property Coverage Limits
Mar 31 2025 // California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous...
Viewpoint: Steady Growth Amid Market Cycles Is Possible
Mar 31 2025 // Property and casualty insurance has traditionally been a cyclical industry, meaning it goes through phases of firm pricing and tight capacity followed by softer market conditions that tend to favor insurance buyers. The...
AM Best Revises Outlooks to Stable for Members of ISMIE
Mar 27 2025 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ISMIE Mutual Insurance Company...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs
Mar 25 2025 // The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
Experts: Weather Forecasts Will Worsen as DOGE Cuts Mean Fewer Balloon Launches
Mar 25 2025 // With massive job cuts, the National Weather Service is eliminating or reducing vital weather balloon launches in eight northern locations, which meteorologists and former agency leaders said will degrade the accuracy of...
As Mountain Glaciers Melt, Risk of Catastrophic Flash Floods Rises for Millions
Mar 24 2025 // In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided...
Hawaii Islands Sinking Faster in Some Areas, Increasing Flood Risk
Mar 24 2025 // Parts of Hawaii are sinking faster than others, according to a recent study led by researchers at the University of Hawaii at Mānoa, highlighting the flood risk to infrastructure, businesses and communities in low-lying...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW Pricing Survey Reveals
Mar 24 2025 // U.S. commercial insurance rates showed a continued upward trend, with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
AM Best Revises Outlook to Stable for Ohio’s Westfield
Mar 24 2025 // AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+”...
Restaurants, Insurance Agents Strive for Stability as Costs Continue to Rise
Mar 24 2025 // This year restaurants and bars continue to grapple with many of the same challenges they faced in 2024. The rising cost of labor and food, along with the ongoing struggle to recruit and retain employees, remain among the...
