Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Guy Carp Publishes Global Terror Insurance Market Study
Jun 12 2007 // Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published a new study on the “Global Terror Insurance Market.” It contains information from...
AXA, BNP Establish Partnership for Ukraine Insurance Market
Jun 8 2007 // French insurer AXA and BNP Paribas, a major French banking group, have reached an agreement for the establishment of a partnership on the Ukrainian P/C insurance market. AXA will acquire from BNP Paribas’ subsidiary...
N.C.: TriSure Names CEO, Restructures to Meet Future Growth
Jun 8 2007 // Raleigh, N.C.-based TriSure Corp. named John Cramer, a partner and co-founder, the firm’s new chief executive officer. The move stems from TriSure’s need to implement a management structure that positions it...
S&P Upgrades Russia’s Ingosstrakh to ‘BBB-‘; Outlook Stable
Jun 7 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Russian insurer Ingosstrakh Insurance Co. to “BBB-” from “BB+,”...
S&P Raises Neftepolis Outlook to Positive; Affirms ‘B+’ Ratings
Jun 7 2007 // Standard & Poor’s Ratings Services has revised its outlook on Russia-based insurer Neftepolis Insurance Co. LLC to positive from stable, “as a result,” said the announcement, “of closer...
S&P Conference Report: Reinsurers Assess Present/Future Concerns
Jun 6 2007 // Standard & Poor’s Ratings Services’ 23rd annual insurance conference, – “In Pursuit Of Sustainable Earnings” – focused on the “highly profitable” 2006 results, and the...
Violent Crime Up, Property Crime Down in 2006, FBI Reports
Jun 6 2007 // Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the FBI. Violent crime was up, except in the Northeast....
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...
