Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Super Bowl Gaming App Part of a Promising Real-Time Trend, Expert Says
Feb 2 2018 // This is just in time for the Super Bowl and people who love gambling and football – but don’t want to make the trip to Las Vegas. During Sunday’s Super Bowl, an app-based company called WinView is offering...
8 Ways Cyber Threats and Business Security Will Change This Year: Aon’s Predictions
Feb 2 2018 // As cyber attacks increasingly threaten business and grow in volume and scale, companies will be forced to take new measures to address cybersecurity risk holistically, integrating it more aggressively into their enterprise...
Duke Energy, North Carolina Coal Ash Neighbors End Dispute Over Future Claims
Jan 31 2018 // Neighbors of Duke Energy Corp.’s unlined coal ash pits in North Carolina went to court after the company said their $5,000 “goodwill” payments required them to give up future health claims linked to...
Americans’ Fear of Driverless Cars Subsiding: AAA Survey
Jan 29 2018 // American drivers are slowly warming up to the idea of relinquishing the wheel to a robot. Although 63 percent of U.S. drivers say they’d be afraid to ride in a fully self-driving car, that’s down substantially...
Bloomberg Interview with Lloyd’s CEO Beale in Davos: Economic Outlook, Asia Growth, Cyber, Brexit and More
Jan 26 2018 // Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the...
Telematics-Based Insurance Policies in UK Rise 30% to 975,000 in 2017: BIBA
Jan 25 2018 // The number of live telematics-based policies reached almost one million – standing at 975,000 in 2017, according to the British Insurance Brokers’ Association (BIBA). The BIBA survey includes information from the...
Participate in Insurance Journal’s Annual Agency Salary Survey
Jan 25 2018 // The deadline to participate in Insurance Journal’s annual Agency Salary Survey is approaching fast – participate by Feb. 2 to receive a complimentary copy of the survey results. ALL retail agency owners,...
January Renewals Saw Rate Hikes of Up to 5%, with More Expected: S&P
Jan 25 2018 // Global reinsurance pricing in aggregate was flat to up about 5 percent during the January 2018 renewals, and more price hikes can be expected in loss-affected areas during the year, according to S&P Global...
Lowdown: Agribusiness Insurance Costs on the Rise?
Jan 24 2018 // This week’s Lowdown focuses on the rise in frequency, complexity and severity of vehicular accidents within the agribusiness industry. Scenarios highlighted and steps outlined to reduce risk within What’s...
In Turnabout, Wisconsin Governor Moves to Stabilize Insurance Market
Jan 23 2018 // In a tack to the left in an election year, Wisconsin Republican Gov. Scott Walker announced Sunday that he wants a state law that would bar insurers from denying a person health coverage due to a pre-existing condition. He...
Report: West Virginia Controlled Substance Dispensing Down 11.7% in 2017
Jan 23 2018 // A West Virginia board report says state pharmacies dispensed 31 million fewer controlled substances last year, a trend the board’s acting chief says is due to heightened awareness about prescription medication...
Ratings Outlooks Revised to Positive for South Dakota Insurer
Jan 22 2018 // A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Northwest G.F. Mutual Insurance Co. (NWGF)...
Banker Survey Suggests Midwest, Plains Economy Still Lags in Rural Areas
Jan 22 2018 // Declining numbers in a new monthly survey of bankers suggests the economy remains weak in rural parts of 10 Plains and Western states. The overall economic index for the region dropped to 46.8 this month, compared with the...
California Wholesaler Conference Questions: Rising Premiums, Disruption, Disasters?
Jan 22 2018 // Surplus lines in California had a great year with more premium and more items, such as policies and endorsements sold. However, surplus lines brokers had to work harder for all that premium. That’s according to Ben...
Texas Surplus Lines Premium Up by 66% in 10 Years
Jan 22 2018 // Surplus lines premium in Texas increased to $5.46 billion in 2017, up from $5.12 billion in 2016, according to data collected by the Surplus Lines Stamping Office of Texas (SLTX). The numbers represent a 6.5 percent growth...
Rates for Commercial Lines Up Slightly in Q4: IVANS
Jan 22 2018 // The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change across commercial auto, business owners, general liability, and commercial property compared to Q3, but a drop...
For First Time in 7 Years, Outlook Improves for Commercial Lines: A.M. Best
Jan 22 2018 // Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. property/casualty industry...
U.S. Reinsurance Outlook Remains Negative for 2018, Says A.M. Best
Jan 22 2018 // Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative...
North Carolina Rejects Proposed 18.7% Homeowners Rate Increase
Jan 22 2018 // The Commissioner of Insurance for North Carolina says a recent rate increase of 18.7 percent proposed by North Carolina insurers is unwarranted and has set a hearing date for later this year to resolve the...
Kentucky Highway Deaths Decreased in 2017
Jan 19 2018 // Kentucky has recorded a decrease in highway fatalities for the first time since 2013. The Lexington Herald-Leader reports that the Kentucky Office of Highway Safety says initial numbers show 770 highway-related deaths in...
