Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
AM Best Revises Outlook to Negative for Wisconsin’s Society
Jul 21 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Society Insurance, a mutual...
Drone Crashes, Security Threats Have States Demanding Power to Take Them Down
Jul 21 2025 // While authorities were desperately trying to save people from the deadly Fourth of July floods in Kerr County, Texas, a private drone collided with a search and rescue helicopter and forced it to make an emergency landing,...
Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8%
Jul 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter by 4.6% compared to 4.9% during the first quarter. Dallas-based MarketScout, a division of Novatae...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings
Jul 21 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
Behind the Surge: What Cyber Claims Say About the Future of Risk
Jul 21 2025 // The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024 NAIC Cyber Insurance Report. This escalation underscores the growing complexity and frequency...
Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
Jul 18 2025 // Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than 900 survivors who have filed lawsuits said Wednesday. Dozens of complaints,...
AM Best Revises Outlook to Negative for Texas’ Southern Vanguard
Jul 18 2025 // AM Best announced it has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Vanguard...
Cybersecurity Bosses Grow Increasingly Worried About AI Attacks and Misuse
Jul 17 2025 // Nearly a quarter of cybersecurity bosses said their companies have experienced an attack powered by artificial intelligence in the past year, according to a new survey in which AI risk emerged as the defining...
Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
Jul 17 2025 // Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4%, compared with an increase of...
United Natural Foods Projects Up to $400 Million Sales Hit After Cyber Breach
Jul 17 2025 // Providence, Rhode Island-headquartered United Natural Foods on Wednesday flagged about $350 million to $400 million hit to its fiscal 2025 net sales from an unauthorized activity on its internal networks. The grocery...
State Farm Implements 27% Rate Increase for Illinois Homeowners
Jul 15 2025 // State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike...
Insured Losses From US Hurricanes Could Rise by 50% With Global Warming
Jul 15 2025 // Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS Amlin, the Lloyd’s global re/insurer. A peer-reviewed study published in the Journal of...
UK Farmers Face Increased Fire Risks as Dry Weather Persists
Jul 15 2025 // British farmers are facing increased fire risks to both their fields and harvesting machines, following a long spell of hot, dry weather. Incident reports from fire and rescue services over the weekend show blazes hitting...
Many Ice Cream Producers to Phase Out Artificial Food Dyes by 2028
Jul 15 2025 // Dozens of U.S. ice cream producers are planning to remove artificial colors from their products by 2028, a dairy industry group and government officials said on Monday. The producers, which together represent more than 90%...
UK Hiring Tumbles by Most in Nearly Two Years, KPMG Survey Shows
Jul 14 2025 // Hiring by UK businesses plunged at the fastest pace in nearly two years, according to a survey that suggested that the fallout from a hike in payroll taxes is showing little sign of letting up. Permanent staff appointments...
Microsoft Outlook Users Experience Hourslong Outage Impacting Email
Jul 11 2025 // After Outlook users ran into issues accessing their email accounts late Wednesday and into Thursday, Microsoft says that affected systems are back online. Microsoft 365 first said that it was investigating an issue with...
CSU Hurricane Season Forecast Adjusted to ‘Slightly’ Above Normal
Jul 11 2025 // The team of hurricane researchers at Colorado State University shaved off a storm from its original Atlantic hurricane season forecast, and now sees a “slightly” above normal season. High levels of observed...
AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market
Jul 10 2025 // Augmented UW Ltd., the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA was founded by Chief Executive Officer Daniel Prince, a leading executive in the London...
AM Best Revises Outlook to Negative for Texas’ Service Insurance Group
Jul 9 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
Jul 9 2025 // Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth (adjusted...
