Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
N.Y. Sets Agenda for Public Hearing on Homeowners Insurance Market
Feb 13 2006 // New York Superintendent of Insurance Howard Mills released the agenda for a public hearing on the state’s current homeowners’ insurance marketplace that is scheduled for Monday, Feb. 27. The public hearing will...
Europe Seeks Strategies to Cope with Rising Costs from Aging Population
Feb 13 2006 // Europe is facing an immense demographic challenge that will cuts its growth rate substantially and strain its public finances as its baby boomers retire and life expectancy increases, although some countries have taken...
GE Insurance Solutions: Legal Reform Momentum Continues
Feb 10 2006 // Victories and defeats in the courtroom can impact the nation’s economy, with potential consequences for decades to come. GE Insurance Solutions has been tracking and shaping efforts to level the litigation playing...
Past, Present and Future Hurricane Issues Top Feb. 8-11 Windstorm Conference Agenda
Feb 8 2006 // Past, present and future hurricane issues, how to prepare for the 2006 hurricane season and what to expect will be discussed during the Feb. 8 to 11 Seventh Annual Windstorm Insurance Conference and Exhibit kicking off...
Outlook Good For U.S. Workers’ Comp; State Reforms, Strong Results Factors
Feb 8 2006 // The outlook for the U.S. workers’ compensation sector in 2006 is good, with the ratings impact for insurers expected to be neutral on the whole, according to a report released by Standard & Poor’s Ratings...
Kingsway Grows Net Income by 24% for 2005; Dividend Increases 25%
Feb 8 2006 // Canada-based Kingsway Financial Services Inc. reported financial results for the fourth quarter and year ended Dec. 31, 2005 (Cdn dollars except where indicated). Net income for the quarter increased 16% to $42.1 million...
Willis Q4 Reported Revenues Down in 2005 Compared to Prior Year
Feb 8 2006 // Willis Group Holdings Ltd. reported results for the quarter and year ended Dec. 31, 2005. Separately, the Board of Directors approved a 9 percent increase in the regular quarterly cash dividend on the company’s...
Eastbridge: Voluntary Insurance Organizations Expect Growth in 2006
Feb 7 2006 // Insurance carriers and brokers expect to see a growth in the number of new groups that they acquire in 2006 as compared to the number for 2005. An overwhelming 91 percent expect the number to increase in 2006, with 43...
Best Affirms FSR for Lloyd’s Syndicate 958; Outlook Remains Stable
Feb 7 2006 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 958 (United Kingdom). The outlook for both ratings remains...
Iowa Survey Finds Wellness Programs Major Issue for Most Workers
Feb 6 2006 // A new survey by an Iowa-based company, suggests that workers value “wellness” programs by employers as a necessary tool for the entire health insurance realm. Most employees, according to the survey, rate...
CAS Ratemaking Seminar March 13-14; TRIA’s Future Among Topics
Feb 6 2006 // The future of the Terrorism Risk Insurance Act and applications in predictive modeling will be among topics addressed at the annual Ratemaking Seminar of the Casualty Actuarial Society (CAS), March 13-14, at the Marriott...
Fitch: stable outlook for broker industry in 2006
Feb 6 2006 // New York-Chicago-based Fitch Ratings is predicting stability and growth for the broker industry in 2006, while admitting that earnings will be down in 2005 because of litigation connected to New York Attorney General Eliot...
Ohio insurance department says malpractice premiums going down
Feb 6 2006 // The Ohio Department of Insurance recently said that years of escalating premiums for medical malpractice insurance for the state’s doctors may be coming to an end. For the first time in six years, an insurer is...
D&O EXCESS LIMITS UP BUT PREMIUMS DOWN
Feb 6 2006 // Directors and officers liability insurance capacity leveled off at about $1.5 billion in 2005, about where it was in 2004, while coverage restrictions continued to ease, according to D&O Liability 2005 Survey...
10 Old R.I.’s new outlook
Feb 5 2006 // 10 Old R.I.’s new outlook Investors aim to bring back Pawtucket Mutual 12 On top in the empire state N.Y. Superintendent Mills confronts Spitzer-era 13 Time to sell the agency? Sales advice for the undecided 10 Old...
FITCH: STABLE OUTLOOK
Feb 5 2006 // TRAVELERS VIEWS LITIGATION The fight is not over yet ALLSTATE LAYOFF SURPRISE Not related to reinsurance SPECIAL REPORT: COMMERCIAL UMBRELLA
Emerging Risks
Feb 5 2006 // Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as those tasks are when examining well-known...
D&O excess limits up but premiums down
Feb 5 2006 // Directors and officers liability insurance capacity leveled off at about $1.5 billion in 2005, about where it was in 2004, while coverage restrictions continued to ease, according to D&O Liability 2005 Survey...
2005 Agency Salary Survey
Feb 5 2006 // President/ Office Sales Accounting Personal Commercial Marketing Agency Total P/C Premium Volume CEO Manager Manager Manager Lines Mgr. Lines Mgr. Manager Revenue 2005 Average Salary $93,468...
