Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
A Third of Nevada Drivers Could See Auto Insurance Rates Rise
Mar 13 2018 // About one in three Nevada motorists, or as many as 600,000 people, could face a 9 percent jump in auto insurance rates this summer when the state raises the basic required minimum levels of bodily injury and property...
Commercial Insurance Prices Were Up Only Slightly in Q4
Mar 13 2018 // Prices for overall commercial insurance lines in the U.S. inched upward in the fourth quarter of 2017, although workers’ compensation and directors and officers liability prices actually declined and commercial auto...
HR Managers Braced for Increase in Sexual Harassment Complaints
Mar 12 2018 // Seven in 10 human resource professionals said believe sexual harassment complaints at their workplaces will likely be “higher” or “much higher” in 2018 compared to previous years. An HR...
Commercial Cyber Liability Market to Reach $6.2B in Written Premium by 2020: Verisk
Mar 8 2018 // The total commercial cyber liability market will reach $6.2 billion in written premium by 2020 after annual growth rates of 20-30 percent, Verisk predicts in a market analysis. “Cyber liability risk is rapidly...
Iron-Starr Excess Agency Increases Capacity for Property Risks
Mar 7 2018 // Iron-Starr Excess Agency Ltd. (Iron-Starr), an excess specialty insurance lines managing general underwriting agency operated by Ironshore, has expanded its relationship with Oil Casualty Insurance Ltd. (OCIL) to...
Bipartisan Momentum Building in Congress for Cryptocurrency Regulations
Mar 5 2018 // Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers...
Up, Down & Flat: Workers’ Compensation Pricing in 2018
Mar 5 2018 // Workers’ compensation rates in 2018 will be mixed, with some programs seeing pricing flat to down and others seeing spikes, according to a market prediction from the broker USI. In other words, market trends should...
Surplus Line Premium Increased by 6.4% Nationwide in 2017
Mar 5 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus (E&S) lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas (SLTX) reports. U.S. surplus...
Tennessee Insurance Consumer Complaints Down Slightly in 2017
Mar 5 2018 // Insurance complaints decreased again in 2017 and remained the last of the top 10 consumer complaint categories, according to the Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer...
Agent and Carrier Strategies and the Future of Cyber Insurance
Mar 2 2018 // More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of how that first policy came about in the first part of this report, What Agent Who Wrote First Cyber...
Gun Injuries Drop 20% During NRA Convention Every Year: Study
Mar 1 2018 // Thousands of firearm injuries occur in the United States each year, but the likelihood of such injuries appears to drop substantially when gun enthusiasts hold large national meetings, according to research led by Harvard...
Oklahoma Highway Safety Agency: Road Debris Increasing Crash Risk
Feb 28 2018 // More accidents are being caused by road debris as traffic volume in Oklahoma City increases, a state agency spokeswoman said. Traffic volume increased in the city by 35 to 40 percent over the last two decades, Oklahoma...
Commercial Insurance Prices Rise in Q4 2017, Reversing 4½ Years of Rate Cuts: Marsh
Feb 28 2018 // Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely by global property insurance pricing following the third quarter’s large catastrophe losses,...
Avoiding Post-Brexit Chaos in Insurance Market Is Top Concern of Bank of England
Feb 27 2018 // Avoiding chaos in the insurance market due to Britain’s European Union exit is a top Bank of England priority and making sure cross-border contracts continue to pay out after Brexit is a major concern, its deputy...
Outlooks Revised to Positive for Louisiana Farm Bureau Mutual
Feb 26 2018 // A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Louisiana Farm Bureau Mutual...
D&O Insurers Warned on Competitive Pricing, Troubling Claims Trends
Feb 26 2018 // Property/casualty insurers in the directors and officers (D&O) liability insurance market may find it more difficult to maintain underwriting performance in 2018 than in recent years, according to Fitch Ratings, as...
Cyber Attacks Pose Greatest Threat to UK Businesses, Investors: PwC Survey
Feb 26 2018 // Investors and chief executives say cyber attacks pose the greatest threat to businesses operating in the U.K., outweighing other material risks including populism, trade protectionism and over-regulation, according to...
Records: Corps Failed to Release Harvey Flood Prediction to Public
Feb 23 2018 // The U.S. Army Corps of Engineers predicted ahead of Hurricane Harvey’s arrival that reservoirs in Houston would fill to record levels, flooding adjacent neighborhoods, but never shared the concern with the public,...
Survey: Minnesota’s Jump in Uninsured Led by Drop in Private Coverage
Feb 22 2018 // The number of Minnesota residents without health insurance jumped by 116,000 in the past two years, the state Department of Health said. A biennial survey by the department and the University of Minnesota School of Public...
XL Catlin Names Thyme as Director of Emerging Markets Development
Feb 22 2018 // XL Catlin has appointed Claudia Thyme to the role of director, Emerging Markets Development. In this role, Thyme will contribute to XL Catlin’s emerging market strategies, with a particular focus on Latin...
