Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Oregon to decrease workers’ comp rates 2.3%
Oct 8 2007 // Oregon’s Department of Consumer and Business Services has announced it is decreasing the workers’ compensation pure premium rate in 2008 by 2.3 percent. Meanwhile, the workers’ comp premium assessment,...
Best Affirms Catlin’s Ratings; Outlook Now Stable; Company Comments
Oct 4 2007 // A.M. Best Co. has affirmed the financial strength ratings of “A” (Excellent) and the issuer credit ratings (ICR) of “a” of Bermuda-based Catlin Insurance Company Limited (CICL), Catlin Insurance...
Safety Group Opposes Ill. Senate Bill that Increases Truck Speed Limits
Oct 4 2007 // A safety group is speaking out about the what they say are the dangers of the override of Illinois SB 540, which allows large tractor-trailer trucks to travel on rural, four-lane highways at the same speed limits as...
Affluent Individuals More Concerned Over Estate Tax, Survey Shows
Oct 4 2007 // Wealthy Americans, especially those with more than $2 million in net worth, say they are more concerned than just a year ago about their families having to surrender significant chunks of an estate to federal taxes,...
Report Finds Accidents at Nation’s High-Risk Biolabs Increasing
Oct 3 2007 // American laboratories handling the world’s deadliest germs and toxins have experienced more than 100 accidents and missing shipments since 2003, and the number is increasing steadily as more labs across the country...
Fla. Releases Medical Malpractice Report, Favorable Trend Continues
Oct 3 2007 // A recent state-sponsored report showed a continuing trend of recovery for the Florida medical malpractice industry – an industry that experienced double-digit rate increases and lack of availability prior to the 2003...
Insurance Commissioner Group’s 2008 Budget Anticipates Revenue Growth
Oct 2 2007 // The National Association of Insurance Commissioners has begun setting its 2008 budget. The group will have more money to work with than it did in 2007. The 2008 budget proposes revenues and expenses of $68.2 million and...
Mo. Governor: 2006 Med Mal Report Shows Positive Results
Oct 2 2007 // The medical malpractice insurance market has stabilized following escalating medical malpractice costs that caused a downturn in the market from 1999 – 2003, according to the 2006 Medical Malpractice Report recently...
Nationwide Decreases Calif. Homeowners Rates
Oct 2 2007 // Columbus, Ohio-based Nationwide Insurance Company of America announced it is cutting homeowners insurance rates in California an average of 9.4 percent. The decrease takes effect today, Oct. 2, 2007. Nationwide is also...
Survey Projects Annual Employee Cost for Health Care to Exceed $9,300
Sep 26 2007 // New data from Towers Perrin indicate that the average corporate health benefit expenditure in 2008 will be $9,312 per employee — an increase of 7 percent over 2007. According to Towers Perrin’s annual Health Care...
FBI Report Shows Property Crimes Decrease Again in 2006
Sep 25 2007 // For the fourth year in a row the estimated number of property crimes decreased, according to statistics released by the FBI’s 2006 edition of “Crime in the United States,” a statistical compilation of...
U.S. fire report: More fires; fewer deaths and injuries; rise in property losses
Sep 24 2007 // Fire departments in the United States responded to an estimated 1.6 million fires during 2006. These fires caused 3,245 civilian deaths and 16,400 injuries, according to the National Fire Protection Association (NFPA). The...
HAWAII INSURERS FILE 16.8 PERCENT WORKERS’ COMP COST DECREASE
Sep 24 2007 // The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and...
Wash. wants comp rate increase
Sep 24 2007 // Washington’s Department of Labor and Industries has proposed raising workers’ compensation rates 3.2 percent in 2008, with the average premium increasing by just more than 2 cents per hour worked. L&I...
U.S. fire report: More fires; fewer deaths and injuries; rise in property losses
Sep 24 2007 // Fire departments in the United States responded to an estimated 1.6 million fires during 2006. These fires caused 3,245 civilian deaths and 16,400 injuries, according to the National Fire Protection Association (NFPA). The...
Health premiums rise 6.1%; average family coverage costs $12,000
Sep 24 2007 // Premiums for employer-sponsored health insurance rose an average of 6.1 percent in 2007, less than the 7.7 percent increase reported last year but still higher than the increase in workers’ wages (3.7 percent) or the...
Eight major mistakes employers make when workers’ comp rates go down
Sep 24 2007 // Employers must view coverage more as a comprehensive risk management tool than necessity Throughout much of the country, declining workers’ compensation rates are music to employers’ ears. After all, that seems...
Health premiums rise 6.1%; average family coverage costs $12,000
Sep 24 2007 // Premiums for employer-sponsored health insurance rose an average of 6.1 percent in 2007, less than the 7.7 percent increase reported last year but still higher than the increase in workers’ wages (3.7 percent) or the...
Hawaii insurers file 16.8 percent workers’ comp cost decrease
Sep 24 2007 // The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and...
Eight major mistakes employers make when workers’ comp rates go down
Sep 24 2007 // Declining rates act as blinders for many employers. With lower prices it’s easy to shift focus away from injury management and cost containment to other more pressing business matters. Throughout much of the country,...
