Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Willis Exec Warns on Increasing Urbanization Risks
Jan 22 2015 // One of the principal concerns for the movers and shakers meeting in Davos has been the increasing tendency of global populations to move from villages and farms to cities. With up to three-quarters of the global population...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
WCIRB: Continued Increase in California Claim Frequency
Jan 20 2015 // Workers’ compensation indemnity claim frequency in California has continued to rise unlike in most other states, according to the California Workers’ Compensation Insurance Rating Bureau. The WCIRB recently...
Allianz Survey: Businesses Face New Challenges in Interconnected World
Jan 15 2015 // Business interruption (BI) and supply chain, natural catastrophes and fire/explosion are the major risks that occupy the attention of companies at the start of 2015, according to the fourth annual “Allianz Risk...
California Surplus Lines up Considerably in 2014, Report Shows
Jan 14 2015 // Premiums for California wholesalers rose considerably in 2014 from a year earlier, showing that segment of the industry outperformed the rest of the state’s economy, according to a report from the Surplus Lines...
Paris Terror Attacks Not Unexpected; Demand for Political Risk Cover Is Up
Jan 14 2015 // Terrorism, security and political risk experts from Willis provided some broad observations about last week’s terror attacks in Paris and how insurance buyers are responding. “The tragic events in Paris are a...
Texas Auto Injury, Fatality Crashes Rise Again in 2014
Jan 13 2015 // Contrary to a nationwide trend, Texas automobile crashes resulting in injuries and fatalities have risen for the past three years, the Insurance Council of Texas reports. Nationally, roadway crashes involving injuries and...
Lowest Insured Losses since 2009: Impact Forecasting Climate and Cat Report
Jan 13 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide...
Boating, Traffic Fatalities Down in Missouri in 2014
Jan 12 2015 // Authorities say fewer people died on Missouri’s roads and waterways last year. The Missouri State Highway Patrol says preliminary statistics count 753 traffic fatalities in 2014, compared with 757 fatalities in 2013...
2014 was Record Year for Idaho Farmers, Ranchers: Report
Jan 12 2015 // A new University of Idaho report says 2014 was another record year for Idaho farmers and ranchers. Researchers say sales of milk, livestock and crops reached nearly $10 billion, the fourth year in a row that cash receipts...
Weather Service: Fewest Tornadoes on Record in Oklahoma in 2014
Jan 12 2015 // Just 16 tornadoes touched down in Oklahoma in 2014, which the National Weather Service says is the fewest on record. Oklahoma state climatologist Gary McManus says a combination of factors led to the relative lack of...
Ohio, Nebraska See Vehicle Crashes, Fatalities Increase in 2014
Jan 12 2015 // Ohio saw more traffic deaths and Nebraska had an increase in vehicle crashes in 2014, according to authorities in both states. Preliminary data indicate the number of Ohio traffic deaths for the past year might end up...
Top Trends in Employment Practices Liability Claims
Jan 12 2015 // Unpaid internships, illegal background checks, pregnancy and health-related employment discrimination continue to be the top trending employment practices litigation cases, according to industry experts. Claims costs are...
Construction Coverage: Emerging Trends for 2015
Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
Top 10 Casualty Insurance Trends for 2015
Jan 12 2015 // While casualty insurance rates are stable and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. Following are 10...
Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL
Jan 12 2015 // Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The...
Independent Agents See Carriers’ Online Sales As Major Threat: Accenture Survey
Jan 11 2015 // Independent insurance agents’ strengths in customer service and risk management could be challenged by changing consumer behaviors, new technologies and the evolving competitive landscape, according to a new report...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
Vermont Traffic Fatalities Down 38% in 2014
Jan 8 2015 // Preliminary reports show that Vermont traffic fatalities declined 38 percent in 2014 to the lowest number since World War II. The Vermont Highway Safety Alliance says 43 people died on the state’s roadways last year,...
Ballinger on Growth, Professionalism in Texas Surplus Lines Market
Jan 8 2015 // Phil Ballinger retired at the end of December 2014 as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), a post he’s held for more than two decades. During his tenure at SLSOT, the organization...
