Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Now Is No Time to Ease Up on Loss Prevention, Warns Risk Expert
Jan 29 2007 // The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the terrorism front in the U.S., advises an expert in risk and...
S&P Revises Nürnberger Outlook to Negative
Jan 26 2007 // Standard & Poor’s Ratings Services has revised its outlook to negative from stable on the counterparty credit and insurer financial strength ratings of German life insurer Nürnberger Lebensversicherung AG (NLV)...
S&P Raises Southern Rock Ratings To ‘BB’; Outlook Stable
Jan 26 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Gibraltar-based non-life insurer Southern Rock Insurance Co. Ltd. to “BB”...
Washington Fraud Unit Collections Up in 2006
Jan 25 2007 // Washington’s Department of Labor and Industries (L&I) said its fraud program collected $135 million in fiscal year 2006, a 29 percent increase over the previous year. In addition, the department recovered...
Survey: Commercial Prices Continue Declining in Non-Catastrophe Areas
Jan 24 2007 // Commercial insurance premiums continued their decline in all but catastrophe-exposed areas during the fourth quarter of 2006, with insurers willing to lower prices and place fewer restrictions on coverage to get new...
Flood Policy Sales Rise 24% in Texas
Jan 11 2007 // The popularity of federal flood insurance policies in Texas is on the rise, according to the Insurance Council of Texas. ICT reported that Federal Emergency Management Agency (FEMA) records show that the number of flood...
Future predictions
Jan 8 2007 // People ring in the New Year with all sorts of traditions. New Yorkers drop a Waterford crystal ball in Times Square. Japanese families shoot off fireworks to keep evil spirits away. And in the South, a meal of cornbread...
Private equity market increasingly bullish on insurance and E&S
Jan 8 2007 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
Drunk driving death rates decline in 23 states
Jan 8 2007 // Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration...
Editor’s Note: Future predictions
Jan 7 2007 // People ring in the New Year with all sorts of traditions. New Yorkers drop a Waterford crystal ball in Times Square. Japanese families shoot off fireworks to keep evil spirits away. And in the South, a meal of cornbread...
Drunk driving death rates decline in 23 states
Jan 7 2007 // Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration...
Contractors not buying into professional liability Ames & Gough survey finds as many as 50% of contractors not covered
Jan 7 2007 // Contractors, project owners, and project finance professionals are increasingly interested in the niche market of contractors’ professional liability insurance (CPLI), according to a recent survey of insurers writing...
Tulsa Zoo to Exhibit Disaster-Resistant Homes for Future
Jan 5 2007 // The Tulsa Zoo will soon showcase an exhibit featuring a prototype for environmentally friendly and disaster-proof homes of the future. State Farm Insurance and American Electric Power-Public Service Company of Oklahoma...
UK’S Met Office Forecasts 2007 as Potentially Hottest Year on Record
Jan 4 2007 // The UK’s Weather Service, The Met Office Hadley Centre, in conjunction with the University of East Anglia, is forecasting average global temperature increases of 0.54°C (0.972°F) above the long-term (1961-1990)...
La. Reports Stable Unemployment Rate; Strong Nonfarm Job Growth
Jan 2 2007 // Louisiana gained 1,400 nonfarm jobs in November 2006 and 59,900 jobs over the year, according to the Louisiana Department of Labor. The November 2006 nonfarm job gains were repeated in every Metropolitan Statistical Area...
Ind. Traffic Fatalities Show Decline in 2006
Dec 29 2006 // Preliminary statistics show that the number of fatalities on Indiana’s roadways this year has dropped significantly from 2005, according to data from the Indiana State Police (ISP). Through Dec. 22, there have been...
Study: Health Care Costs in La. Rise Faster Than Paychecks
Dec 29 2006 // The costs of health insurance for a Louisiana family are rising much quicker than paychecks are growing, a new report says. From 2000 to 2006, the health care premiums for Louisiana’s families grew nearly five times...
Parents Confused Over Child Safety Seats, Fed Survey Says
Dec 29 2006 // Many parents are confused about the proper way to install child safety seats in their vehicles despite attempts to simplify the system, the government said. About 40 percent of parents still rely on seat belts when...
Medical Protective Decreasing Medical Malpractice Rates in Nevada
Dec 28 2006 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved revised classification relativities filed by the Medical Protective Co. for physicians and surgeons. The revised factors contemplate an average 5.4 percent...
Drunk Driving Death Rates Declined in 23 States Last Year
Dec 26 2006 // Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration...
