Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, and Distracted Driving
Jan 7 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
First States to Legalize Marijuana See Rise in Car Insurance Claims, Research Shows
Jan 7 2019 // Crashes are up by as much as six percent in Colorado, Nevada, Oregon and Washington, compared with neighboring states that haven’t legalized marijuana for recreational use, according to research from the Insurance...
California’s 376 Fatal Occupational Injuries in 2017 Equals Previous Year, Report Shows
Jan 7 2019 // The California Department of Industrial Relations issued a report last month showing that 376 Californians died on the job in 2017, the same as in 2016. California’s workplace fatality rate remains stable with slight...
Future of Agent Distribution
Jan 7 2019 // A funny thing is happening on the way to the future. As consumers’ and carriers’ behaviors, attitudes and expectations have been changing, independent agents are evolving to better serve both customers and...
Missouri Insurance Department Backs 3.5% Workers’ Comp Rate Decrease
Jan 4 2019 // The Missouri Department of Insurance in December recommended a 3.5 percent decrease in workers’ compensation insurance loss costs for 2019. This marks the fifth year in a row that average workers’ compensation...
Deaths on Passenger Jet Aircraft Rise Across Globe in 2018
Jan 2 2019 // The fatality rate on passenger jet aircraft worldwide jumped in 2018 after airlines recorded zero accident deaths on passenger jets in the prior year, according to a Dutch consulting firm and an aviation safety...
California Regulators May Break up PG&E Over Safety Concerns
Dec 27 2018 // California regulators said they are considering splitting up Pacific Gas & Electric Co. or making other drastic changes amid concerns over the utility’s role in recent gas explosions and wildfires. Among the...
Signs Point to Better New Year for Nonstandard Auto Insurance Market
Dec 21 2018 // There are initial signs that the private passenger nonstandard automobile segment is beginning to improve after years of unfavorable results, including continued premium growth in 2017 and through mid-year 2018, according...
Outlooks Revised to Positive for Ohio’s Wayne Mutual Insurance
Dec 19 2018 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Wooster, Ohio-based property/casualty...
German Firms Warned About Rising Threat from Chinese Hackers: Report
Dec 19 2018 // Germany’s Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity...
California’s 376 Fatal Occupational Injuries in 2017 Equals Previous Year, Report Shows
Dec 18 2018 // The California Department of Industrial Relations issued a report on Tuesday showing that 376 Californians died on the job in 2017, the same as in 2016. California’s workplace fatality rate remains stable with slight...
Global Anger Finally Seems to Be Getting China to Open Up Markets: Viewpoint
Dec 18 2018 // Forty years after China began opening itself up to the outside world, the country increasingly seems to be closed for business. A large and growing contingent of the global business community is convinced that China will...
Reuters Special Report: J&J Knew About Asbestos in Baby Powder for Decades
Dec 17 2018 // Darlene Coker knew she was dying. She just wanted to know why. She knew that her cancer, mesothelioma, arose in the delicate membrane surrounding her lungs and other organs. She knew it was as rare as it was deadly, a...
Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017
Dec 17 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices...
Emerging Issue in Texas: Firefighter, EMT Cancer-Related Workers’ Comp Claims — and Denials
Dec 17 2018 // How to process cancer-related workers’ compensation claims filed by firefighters and emergency medical technicians (EMTs) is developing into an emerging issue, Texas workers’ compensation system regulators...
Ohio Insurance Market at a Glance
Dec 17 2018 // With $84 billion in premium volume, Ohio is the 19th largest insurance market in the world and the seventh largest in the United States, the state’s insurance department says in its annual report for 2018. Ohio...
AM Best: Outlooks Revised to Stable for Texas Farm Bureau Insurance Companies
Dec 14 2018 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas Farm Bureau...
S&P Upgrades Outlook for AXIS
Dec 14 2018 // AXIS Capital Holdings won an outlook upgrade from Standard & Poor’s Global Ratings as well as an affirmation of its other ratings, thanks to growing confidence in its various strategic initiatives. Standard &...
Citizens to Request 8.2% Rate Increase from Florida Regulators
Dec 13 2018 // Citizens Property Insurance Corp. will file for a statewide average increase of 8.2 percent for personal lines policyholders – homeowners, condominium owners and renters. The Florida insurer of last resort’s Board...
Report: Workers’ Comp Premiums in California for First 9 Months of the Year Down 3%
Dec 12 2018 // The Workers’ Compensation Rating Bureau of California issued its quarterly experience report on Wednesday showing premium for the first nine months of 2018 was 3 percent below the same period for 2017. The WCIRB...
