Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Enforcement Stepped Up; Trends Show More Women Driving Impaired
Aug 20 2009 // At an event today kicking off a nationwide anti-drunk driving enforcement campaign, U.S. Transportation Secretary Ray LaHood released a new study by the National Highway Traffic Safety Administration (NHTSA) that shows an...
Family Health Insurance Premiums Seen Rising 94% by 2020
Aug 20 2009 // Nationally, family premiums for employer-sponsored health insurance increased 119 percent between 1999 and 2008, and could increase another 94 percent to an average $23,842 per family by 2020 if cost growth continues on...
Fatal Work Injuries Dropped 10% in 2008; Down 20% in Construction
Aug 20 2009 // A total of 5,071 fatal work injuries were recorded in the U.S. in 2008, down about 10 percent from a total of 5,657 fatal work injuries reported for 2007, according to preliminary government figures. Based on these...
Survey Says Employers Preserving Benefits
Aug 19 2009 // The annual Transamerica Retirement Survey reports that while nearly half of the U.S. employers surveyed have undertaken cost-cutting measures such as lay-offs and salary freezes, relatively few have reduced or eliminated...
Premium Growth: Top 25 Premium Gainers Q1 2009 Versus Q1 2008
Aug 17 2009 // Roy H. Williams is an author and marketing consultant. He is known for his Wizard of Ads trilogy. He founded the Wizard Academy Institute. Although he is credited with saying “Consequently, a young business often...
Gainsco Reports Income Increase in Q2 2009 Results
Aug 14 2009 // Dallas-based Gainsco Inc. announced net income for the second quarter 2009 increased to $1.6 million, compared with a second quarter 2008 net income of $1 million. Net income for the six months ended June 30, 2009 was $3.7...
Calif. Workers’ Comp Rating Bureau to Recommend 22.8% Increase in Rates
Aug 13 2009 // The WCIRB will submit a filing to the California Department of Insurance (CDI) recommending an approximate 22.8 percent increase in pure premium rates (or “claims cost benchmark”) effective Jan. 1, 2010. The...
Louisiana Citizens CEO to Ask for 9% Rate Increase
Aug 13 2009 // The chief executive of Louisiana’s state-backed property insurance company is seeking a 9.2 percent average rate increase for 2010, though he said some policyholders will probably see their rates decrease. John...
Virginia to Consider Increase for Some Workers’ Comp Rates
Aug 12 2009 // The Virginia State Corporation Commission will consider a request to raise workers’ compensation premiums at a meeting in October. The National Council on Compensation Insurance Inc. (NCCI), a rate service...
Survey: Agents Report Recession Not as Disruptive as Initially Predicted
Aug 11 2009 // Main Street businesses may still be trying to recuperate from the recession, but independent insurance agencies report that it has not been as disruptive as initially predicted, an exclusive survey reveals. The survey...
Insurance Adjusters Survey Flood Damage at Kentucky Derby Museum
Aug 7 2009 // Much of the Kentucky Derby Museum’s prized collection is scattered on tables after extensive damage from flash flooding that hit Louisville. Insurance investigators toured the museum on Wednesday, a day after...
Has the Declining Economy and Soft Market Affected Your Marketing Plans for 2009/2010?
Aug 6 2009 // Beacon Marketing, Inc. – “Helping to guide your prospecting needs to new destinations” Beacon is coming up on their 2nd year with helping agents across the country write new business and they have been...
Many UK Workers Would Trade Benefits for Higher Salary: Aon Survey
Aug 6 2009 // Nearly half of UK workers (47 percent) would welcome the opportunity to trade off benefits in order to increase their pay, according to a survey by Aon Consulting. Around 1,300 working adults across the UK were probed on...
Financial Institutions’ Insurance Prices Still Going Up, Says Willis
Aug 5 2009 // Financial institutions faced an average premium hike of 15 percent in the second quarter of 2009, as insurers seek to make up for underwriting losses resulting from a deluge of credit crunch-related Professional Indemnity...
Improved Profitability Forecast for Marsh, Guy Carpenter
Aug 5 2009 // Marsh & McLennan Cos. Inc. , the No. 2 global insurance broker, posted quarterly results in line with expectations on Wednesday and forecast improved profitability for its brokerage business, sending its shares up 4.3...
U.S., Colorado Forecasters Trim Atlantic Hurricane Forecasts Again
Aug 5 2009 // The Colorado State University storm research team cut its 2009 Atlantic hurricane season forecast Tuesday, predicting that El Nino would trim the tally to 10 tropical storms, with four becoming hurricanes. The noted...
Survey: Midwest Economy Improving
Aug 4 2009 // The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same...
Kentucky National Enters Tennessee P/C Insurance Market
Aug 4 2009 // Kentucky National Insurance Co., a Lexington-based property/ casualty insurance company, began offering insurance to customers in Tennessee June 1, 2009. Kentucky National is offering auto, homeowners, boat, renters,...
Home Values Down Across U.S. But Not Rebuilding Costs
Aug 3 2009 // Across America, home sales and values are down. But the costs to repair and rebuild homes have not followed. Rising reconstruction prices are contrary to the economic news of recent months and perhaps contrary to...
2nd ‘Stanford’ Suit Targets Willis; Terrorist Bombs Kill 9 in Indonesia; Insurance Fraud on the Rise in UK; Lloyd’s ‘Fli
Aug 3 2009 // Willis has been named in a second lawsuit stemming from its relation with indicted financier Allen Stanford. A Venezuelan investor, Reinaldo Ranni, filed a class action in U.S. federal court in Miami on July 17, accusing...
