All the headlines from our Trends Topic Page, ordered by recency.
Jun 17 2024 // Experts are calling it: 2024 looks like a good year for merger and acquisition (M&A) activity for the insurance industry. To make the most of this positive environment, buyers and sellers will be focusing on getting...
Jun 17 2024 // Wisconsin’s average indemnity benefit per claim grew nearly 10% in 2022, fueled by large growth in the average duration of temporary disability per claim, according to a recent study from the Workers Compensation...
Jun 17 2024 // While the labor market continues to come up short for the construction industry, the insurance market is doing its job supplying the coverages the industry needs to keep up with the significant demand for new...
Jun 17 2024 // The construction sector accounts for the largest premium share when it comes to workers’ compensation premium in National Council on Compensation Insurance (NCCI) states but improved safety measures and employee...
Jun 13 2024 // Artificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their insurance will not cover a specific loss, a survey by insurance brokerage...
Jun 13 2024 // More than 60% of the drivers in the United States would find it acceptable if their vehicle provided an audible and visual warning when they exceeded the posted speed limit, a survey by Insurance Institute for Highway...
Jun 13 2024 // An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3% recorded in 2021.In 2023, growth remained...
Jun 12 2024 // Key emerging risks facing global economies, businesses and the re/insurance industry include the cascading effects of natural disasters, the weakening resilience of supply chains and the repercussions of persistent...
Jun 11 2024 // Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter.Quarterly price increases have been about 6% since the global pandemic, WTW reported in its Commercial Lines...
Jun 11 2024 // A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s current world-leading green policies are likely to stay put, lawmakers, officials...
Jun 11 2024 // Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo later this year.Kenya’s biggest listed insurer by market value with operations...
Jun 10 2024 // North Carolina Insurance Commissioner Mike Causey has settled on an 8% average rate increase for dwelling insurance policies, starting Nov. 1.The North Carolina Rate Bureau, basing its request on data from property...
Jun 10 2024 // The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw robust profit margins in 2023, according to AM Best, which attributed the sector’s improved...
Jun 7 2024 // The U.S. personal insurance sector is positioned for improving underwriting performance in 2024.According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous...
Jun 7 2024 // Nirvana, the London-based managing general agent and Lloyd’s coverholder, announced the renewal of its Media/Technology Errors & Omissions and Cyber (MTC) binding authority with an increased £/$/€10 million...
Jun 7 2024 // A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles.Mitchell this week released its Q1 2024 trends report: Plugged-In: EV Collision Insights. The report...
Jun 6 2024 // More than half of whistleblowers have felt pressured not to use internal hotlines to raise red flags at large global businesses and public bodies, a global EY survey showed.The number of organizations without a...
Jun 6 2024 // Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI Insurance Services reported in its latest Commercial Property...
Jun 5 2024 // Just under half of property/casualty insurers recently surveyed by WTW say they plan to incorporate artificial intelligence into their analytics (49%), but most have yet to bring “traditional” analytics into...
Jun 5 2024 // Unregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more protective measures to safeguard its coast, the country’s shipping minister told...