Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Small Businesses Hit With Data Breach Often Fail to Notify Customers: Survey
Mar 6 2013 // While more than half the U.S. small businesses experienced at least one data breach, just one-third of those firms notified individuals that their personal information had been compromised, a new survey...
U.S. Commercial Lines Rates Up 4% in February: MarketScout
Mar 6 2013 // Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed. The U.S. commercial insurance rate index, published by MarketScout, shows...
Study Reports Warmer Climate to Open New Arctic Shipping Routes by 2050
Mar 5 2013 // The quickest way to get goods from Asia to the U.S. East Coast in 2050 might well be straight across the Arctic, where a warming climate is expected to open new sea routes through what is now impenetrable ice, a study...
Connecticut Workplace Injury Cases Up 11% to 50,600 in 2011
Mar 5 2013 // The U.S. Department of Labor says the number of workplace injuries in Connecticut jumped 11 percent in 2011 over the previous year and that the rate of injury is among the highest in the country. The Bureau of Labor...
Dreamliner Could Affect Future of Airline Safety Self-Regulation
Mar 4 2013 // Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe. The U.S. Federal Aviation Administration(FAA) said it would no longer directly manage routine...
Workplace Bullying Emerging As Major Employment Liability Battleground
Mar 4 2013 // Margaret Fiester is no shrinking violet, but she says working for her former boss was a nightmare. “One day I didn’t do something right and she actually laid her hands on me and got up in my face and started...
Firms Saw Rise in Lawsuits, Regulatory Investigations in 2012: Survey
Mar 4 2013 // Companies in the United States and United Kingdom dealt with more litigation last year, while regulatory investigations reached a five-year high, according to a report. Litigation rebounded to 2010 levels in 2012, after a...
BMS Group Posts 2012 Revenue Growth through Expansion
Mar 1 2013 // Independent broker BMS Group announced that it has “continued the momentum of its expansion in 2012 confirming revenues in excess of £63 million [$95 million], up 20 percent on 2011. Over the past two financial...
Traffic Fatalities Up in South Dakota in 2012, Down From Average
Feb 27 2013 // South Dakota officials say the number of traffic fatalities in the state were up in 2012, but below the average for the last 10 years. State Department of Transportation figures show there were 134 people killed on the...
Teen Driver Deaths Increased in First Half of 2012
Feb 27 2013 // Deaths of younger teen drivers increased sharply in the first six months of last year, reversing a decade-long trend, according to a report released Tuesday by state highway safety officials. Deaths of 16- and 17-year-old...
More Good News/Bad News for Florida Insurance Market
Feb 26 2013 // Floridians would face about $7.19 billion in post-hurricane taxes to make up the funding shortfalls of state-run Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund should even a 1-in-50-year storm...
Mobile Technology Gaining with Insurers: Survey
Feb 25 2013 // While much of the attention around use of mobile devices in insurance has centered on consumer apps offered by large personal lines insurers, other property/casualty insurers and life/annuity insurers are rolling out...
Allianz Reports Revenue, Operating Profit and Net Income Growth for 2012
Feb 22 2013 // Germany’s Allianz Group, Europe’s largest insurer, reported strong results for the financial year 2012. Revenues reached €106.4 billion [$140.66 billion] for the year, an increase of 2.7 percent compared to...
Despite Uncertainty, Momentum Building for M&As in 2013: PwC
Feb 21 2013 // While 2012 was a flat year for financial services mergers and acquisitions (M&A) overall, there was a surge in the fourth quarter and there is reason to think activity will pick up in 2013, according to a new...
Swiss Re Posts $4.2 Billion 2012 Net Income; Premiums & Fees up 15%
Feb 21 2013 // Swiss Re reported strong 2012 results with net income for the year of $4.2 billion for full-year 2012, compared to $2.6 billion in 2011. The report said the “result was driven by strong premium and fee income growth...
Survey: Most Texas Voters Support Licensing Roofers
Feb 20 2013 // A recent survey shows that most registered Texas voters support the licensing of roofers in the state. According to the survey by the Insurance Council of Texas (ICT), when asked if roofing contractors should be licensed...
RSA Posts $1.047 Billion 2012 Operating Profit; 5% Premium Growth
Feb 20 2013 // The UK’s RSA posted a solid operating profit of £684 million [$1.047 billion], compared to £727 million [$1.113 billion in 2011; while registering a five percent increase in net written premiums to £8.353 billion...
Extensive Corrosion: Report on 2012 Chevron Fire in California
Feb 14 2013 // The U.S. Chemical Safety and Hazard Investigation Board and the California Division of Occupational Safety and Health released a technical evaluation report on piping samples taken from the Chevron Refinery in Richmond,...
International Chamber of Commerce Survey Finds Improved Economic Climate
Feb 13 2013 // The Paris-based International Chamber of Commerce (ICC) and the Munich-based Ifo institute for economic research have released findings, which conclude that the “world economy is showing signs of brightening after...
Insurers: False Auto Claims on the Rise in Minnesota
Feb 12 2013 // Auto insurance companies say false and exaggerated injury claims are on the rise in Minnesota. The National Insurance Crime Bureau says suspicious personal injury claims have tripled since 2008. Minnesota ranked tenth in...