Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Texas AG cracks down on lender for ID theft exposure
Jun 4 2007 // Texas Attorney General Greg Abbott says Ohio-based CNG Financial Corporation and subsidiaries Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc. have been systematically exposing their...
La. sees rate decreases in workers’ comp filings
Jun 4 2007 // Workers’ compensation insurance rates are decreasing in Louisiana, according to Commis-sioner of Insurance Jim Donelon. Donelon attributes the positive change to a significant drop in loss costs for...
N.C. department declines to probe malpractice rates
Jun 4 2007 // The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company...
Survey: 75% of consumers satisfied with insurance agents; personalized service
Jun 4 2007 // Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned...
Mass. workers’ comp rates going down 16.9%
Jun 4 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s...
N.C. department declines to probe malpractice rates
Jun 4 2007 // The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company...
Texas AG cracks down on lender for ID theft exposure
Jun 4 2007 // Texas Attorney General Greg Abbott says Ohio-based CNG Financial Corporation and subsidiaries Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc. have been systematically exposing their...
S&P Affirms AXIS Ratings; Raises Outlook to Positive
Jun 1 2007 // Standard & Poor’s Ratings Services has affirmed its “BBB+” counterparty credit and senior debt ratings on AXIS Capital Holdings Ltd. and affirmed its “A” counterparty credit and financial...
La. Senate OKs Bill to Increase Coverage, Costs of Car Insurance
May 31 2007 // Car insurance requirements in Louisiana would be increased, boosting insurance costs for thousands of drivers who carry the minimum insurance needed, under a bill approved by the Senate recently. Supporters of the bill by...
S&P Affirms PartnerRe Ratings; Raises Outlook to Stable
May 31 2007 // Standard & Poor’s Ratings Services has revised its outlook on PartnerRe Ltd. and its operating subsidiaries– Partner Reinsurance Co. Ltd., PartnerRe S.A., and Partner Reinsurance Co. of U.S. (collectively,...
Wis. Wausau Survey Reveals Trends in Lines of Commercial Insurance
May 30 2007 // Spurrred by advice from their agent or broker, commercial insurance buyers show increasing interest in buying more than one line of coverage from a carrier, according to a new survey commissioned by Wis.-based Wausau...
Calif. State Fund Files 11% Average Premium Decrease
May 30 2007 // California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect...
Best Upgrades A.I.M. Mutual Companies to ‘A’; Outlook Stable
May 29 2007 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to “A” (Excellent) from “A-” (Excellent) and revised the outlook to stable from positive for A.I.M. Mutual Insurance Companies and its...
Guy Carp Reports on European Legislative, Judicial Trends
May 25 2007 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies has published a report on the “Recent Legislative and Judicial Trends in Continental Europe...
Workers’ Comp Companies Filing Rate Decreases in La.
May 25 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing, thanks to a large drop in loss costs for insurers. Most workers’ comp carriers in...
Kentucky Coal Boss Agrees to Post Bond for Future Safety Fines
May 24 2007 // An eastern Kentucky coal operator sued by the federal government for failing to pay penalties over health and safety violations has agreed to post a bond to ensure payment of future fines. Stanley Osborne, head of Misty...
S&P Ups Hannover Re Outlook to Stable; Affirms ‘AA-‘ Ratings
May 23 2007 // Standard & Poor’s Rating Services has revised its outlook to stable from negative on German reinsurer Hannover Rückversicherung-AG and its core entities, collectively referred to as Hannover Re. The Group is...
Survey: 75% of Consumers Satisfied with Insurance Agents; Prefer Personalized Service
May 22 2007 // Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of 1,000 American consumers commissioned...
Medicare Fraud on Rise in Mississippi
May 22 2007 // Insurance agents have sold fraudulent Medicare plans to an estimated 1,000 Mississippians over the past year, forcing them to spend months untangling the mess to regain coverage under a traditional Medicare program. State...
Fire outlook: 2007 wildfire season looks wicked
May 21 2007 // Fire scientists are predicting an above-average wildfire season from May through August 2007, according to the National Interagency Fire Center Predictive Services Group based in Boise, Idaho. In its “National...
