Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Report: Kansas Job Growth Lagging but There’s Hope for Next Year
Oct 10 2014 // A new report shows Kansas job growth is lagging well behind the nation but predicts the employment outlook will be better next year. Wichita State University’s Center for Economic Development and Business Research on...
P/C Insurers Rush to Meet Rising Demand for Cyber Insurance
Oct 9 2014 // Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that’s been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are set to double this...
Deer-Related Car Crashes Declined in Ohio in 2013
Oct 7 2014 // Ohio officials say the number of reported deer-related car crashes in the state decreased in 2013. The Ohio Department of Public Safety says about 20,200 deer-vehicle crashes were reported last year. That’s nearly...
NYIA: Many Renters Lack Renters Insurance Despite Premium Decreases
Oct 6 2014 // The New York Insurance Association (NYIA) says the percentage of renters buying renters insurance has been falling nationally in recent years even as premiums become more affordable. According to a 2014 Insurance...
Coverage Options, Capacity Increase for Extreme Sports, Entertainment Risks Despite Exposures
Oct 6 2014 // Recent headline-making entertainment incidents – such as the death of actor Paul Walker during filming of the movie “Fast & Furious 7,” the collapse of the stage during country music band...
New Jersey Bill Seeks to Crack Down on Reverse Rate Evasion
Oct 3 2014 // The New Jersey Assembly passed a measure that would make reverse rate evasion an insurance fraud and provide for civil and criminal penalties. The bill, A 2281, passed the state’s Assembly on Monday and is pending in...
NCCI Proposes Workers’ Comp Loss Cost Decrease in Connecticut
Oct 3 2014 // The National Council on Compensation Insurance (NCCI) recently proposed an overall average change in voluntary loss cost level of -0.6 percent in Connecticut. Key components for the proposed change include -0.4 percent for...
Boston Emerging as Unlikely Battleground for Web-Based Businesses
Oct 1 2014 // A renowned technology hub that is home to some of the country’s top universities, Boston is emerging as an unlikely battleground for web-based businesses like Airbnb and Uber, with some saying more regulations are...
Farm Fatalities Continue Downward Trend in Indiana
Sep 30 2014 // The downward trend of Indiana’s farm-related fatalities continued in 2013 as the state saw 18 deaths, according to a Purdue University report. The total is eight fewer than were reported in 2012, giving Indiana fewer...
Oktoberfest Insurance App Highlights German Digital Trend
Sep 29 2014 // For some, being prepared for Oktoberfest means downloading an app that points you to the nearest restroom or helps you decipher Bavarian dialect. A novelty at this year’s event is an online casualty insurance with...
Lloyd’s Chairman Nelson on Reinsurance Market, Coverholders, Future Expansion
Sep 29 2014 // Lloyd’s Chairman John Nelson is pleased with the current state of the Lloyd’s market. Shortly after Nelson was interviewed at the Reinsurance Rendezvous in Monte Carlo, Lloyd’s announced a $1.67 billion...
Forecast Calls for More Drought Next Year Across West
Sep 23 2014 // Forecasters say severe drought or worse will continue into next year across much of the West, including parts of western Utah, most of Nevada and practically all of California. Below-normal precipitation and normal or...
Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future
Sep 22 2014 // If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly,...
Willis North America Beefs Up Cyber Risk Practice with 6 Appointments
Sep 22 2014 // Willis North America has reinforced its cyber risk management and insurance services with several appointments to its FINEX Cyber/E&O Practice. The following individuals will focus on Willis’ national and...
Slight Decline in Work-Related Deaths in Louisiana in 2013
Sep 22 2014 // The number of work-related fatalities in 2013 in Louisiana declined to 114, according to a preliminary count by the U.S. Bureau of Labor Statistics in its Census of Fatal Occupational Injuries, the Louisiana Workforce...
Workers’ Compensation Premiums Increased By 5.1% in First Half of 2014
Sep 22 2014 // Demotech’s review of second quarter 2014 data, as recently reported by insurers to the National Association of Insurance Commissioners, shows that workers’ compensation insurers reported a 5.1 percent increase...
Demand for Liability Insurance to Rise Again
Sep 22 2014 // Claims severity and demand for liability insurance will increase as economic growth accelerates and because of technological, social and regulatory changes, according to a new report from Swiss Re. Cyber risk,...
Fatal Occupational Injuries Decrease by 8% in Texas in 2013
Sep 22 2014 // In 2013, there were 493 fatal occupational injuries in Texas, an 8 percent decrease from 536 in 2012, the Texas Department of Insurance reported. The figures are based on preliminary data released release by the U.S....
Workers’ Comp Loss Costs Declining Again in Oklahoma
Sep 22 2014 // For the second straight year, workers’ compensation loss costs used by insurers to determine rates for employers will show an overall decrease in Oklahoma. The National Council on Compensation Insurance (NCCI) has...
Commercial Rates in Florida’s Citizens Going Up 3.3%
Sep 21 2014 // Rates for the almost 100,000 commercial property risks insured by Florida’s Citizens Property Insurance Corp. will rise an average 3.3 percent next February. The Florida Office of Insurance Regulation (OIR) has...
