Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Swiss Market Regulator FINMA Restructures; Head of Insurance Division to Step Down
Apr 2 2025 // Swiss financial market watchdog FINMA has revamped its organizational structure with immediate effect, the regulator said on Tuesday, as it gears up for future challenges including supervision of the enlarged...
North Carolina Commissioner Settles Mobile Home Rate Increase at 11%
Apr 2 2025 // North Carolina Insurance Mike Causey said Tuesday that he had negotiated a lower average rate increase for mobile home policies than the North Carolina Rate Bureau had asked for. “I am happy to announce that North...
California OKs Increase in FAIR Plan Commercial Property Coverage Limits
Mar 31 2025 // California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous...
Viewpoint: Steady Growth Amid Market Cycles Is Possible
Mar 31 2025 // Property and casualty insurance has traditionally been a cyclical industry, meaning it goes through phases of firm pricing and tight capacity followed by softer market conditions that tend to favor insurance buyers. The...
AM Best Revises Outlooks to Stable for Members of ISMIE
Mar 27 2025 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ISMIE Mutual Insurance Company...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs
Mar 25 2025 // The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
Experts: Weather Forecasts Will Worsen as DOGE Cuts Mean Fewer Balloon Launches
Mar 25 2025 // With massive job cuts, the National Weather Service is eliminating or reducing vital weather balloon launches in eight northern locations, which meteorologists and former agency leaders said will degrade the accuracy of...
As Mountain Glaciers Melt, Risk of Catastrophic Flash Floods Rises for Millions
Mar 24 2025 // In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided...
Hawaii Islands Sinking Faster in Some Areas, Increasing Flood Risk
Mar 24 2025 // Parts of Hawaii are sinking faster than others, according to a recent study led by researchers at the University of Hawaii at Mānoa, highlighting the flood risk to infrastructure, businesses and communities in low-lying...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW Pricing Survey Reveals
Mar 24 2025 // U.S. commercial insurance rates showed a continued upward trend, with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
AM Best Revises Outlook to Stable for Ohio’s Westfield
Mar 24 2025 // AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+”...
Restaurants, Insurance Agents Strive for Stability as Costs Continue to Rise
Mar 24 2025 // This year restaurants and bars continue to grapple with many of the same challenges they faced in 2024. The rising cost of labor and food, along with the ongoing struggle to recruit and retain employees, remain among the...
Ergo Enters US Small Business Insurance Market With Full Buy of Next Insurance
Mar 20 2025 // Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly...
Not Only the Fires Are Wild: California and the P&C Market Outlook
Mar 18 2025 // This post is part of a series sponsored by AgentSync. After years of watching insurance carriers exit the California property and casualty market, the state may see another exodus in the wake of the January 2025 wildfires...
Cyclone Alfred to Cost Australia’s Budget A$1.2B, Hit Growth and Increase Inflation
Mar 17 2025 // Cyclone Alfred will cost Australia’s March 25 budget at least A$1.2 billion [US$759 million], hit growth and put pressure on inflation, Treasurer Jim Chalmers says. In a Tuesday speech previewing the budget, Chalmers...
Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies
Mar 14 2025 // A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business...
North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits
Mar 13 2025 // The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea is likely to hit multiple marine insurance policies, carrying an estimated combined insured value of between $50 million and...
Heritage Insurance Profits Down for Q4 But Up 36% for 2024
Mar 13 2025 // Heritage Insurance Holdings Inc. (HRTG) on Tuesday reported net income of $20.3 million in its fourth quarter, a 34% drop from Q4 in 2023. The Tampa-based company said it had net income of 66 cents per share. The property...
AM Best Revises Outlooks for Members of Grange Insurance Group in Washington
Mar 12 2025 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Grange Insurance Association and its...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS
Mar 11 2025 // U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey...
