All the headlines from our Trends Topic Page, ordered by recency.
Feb 5 2025 // Allstate Corp. fourth quarter net income applicable to common shareholders increased 30% to about $1.9 billion, and the insurer finished 2024 with net income of $4.6 billion compared to a loss of $316 million the prior...
Feb 5 2025 // The UK will spend £2.65 billion ($3.31 billion) on flood defenses to protect homes from the growing risks posed by climate-fueled storms and rainfall, according to a government announcement on Tuesday.The investment on...
Feb 5 2025 // A group calling for reforms to lower insurance costs across New York has launched its first ad.The ad from newly-formed Citizens for Affordable Rates (CAR) blames “special interests in Albany” along with...
Feb 4 2025 // The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023.Members completed 146 acquisitions during the fourth quarter 2024. This was 11% less than a year ago....
Feb 4 2025 // WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million in the same period in 2023. However, the broker saw a net loss for the year of $88 million, compared with net...
Feb 4 2025 // The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings more than doubling from the previous year, according to a new report...
Feb 3 2025 // Tesla sales fell in California in the fourth quarter of 2024, bringing down overall sales of the popular vehicle further for the year, according to a new report.The California New Car Dealers Association released its...
Feb 3 2025 // Georgia Gov. Brian Kemp on Thursday reiterated his simple pitch for lawsuit limits: They’ll halt rising insurance costs.The reality, though, is more complicated. Changes could reduce liability insurance costs for...
Jan 31 2025 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the...
Jan 31 2025 // Aon reported net income attributable to shareholders of $716 million during the fourth quarter, a 44% increase from the $498 million reported in Q4 2023.For full-year 2024, net income attributable to shareholders increased...
Jan 30 2025 // Marsh McLennan reported fourth quarter net income of $788 million, compared with $756 billion during Q4 2023.For the full-year 2024, MMC had net income of $4.1 billion, compared with $3.8 billion reported for FY 2023....
Jan 30 2025 // Assicurazioni Generali SpA plans to return more than €7 billion ($7.3 billion) in dividends and buy back at least €1.5 billion in shares by 2027, as Chief Executive Officer Philippe Donnet pursues growth in asset...
Jan 30 2025 // Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday.Industry body the...
Jan 29 2025 // Any pet owner who has been hit by sticker shock at the vet’s office understands why pet insurance is a booming business.Pet health insurance purchases have been up over the last several years, dramatically expanding...
Jan 28 2025 // Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations...
Jan 28 2025 // It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine.ALL retail agency owners, principals, producers, CSRs — the entire...
Jan 28 2025 // The American Property Casualty Insurance Association (APCIA) recently released a report that concludes over-regulation impedes insurance markets“Insurance markets function best when allowed to operate competitively,...
Jan 27 2025 // The Texas Department of Insurance, Division of Workers’ Compensation this month released a report on fatal occupational injuries in Texas for the 2023 year, finding that fatal injuries were slightly down compared to...
Jan 27 2025 // This article follows Part One from last month and covers group benefits and health insurance, the effects of natural disasters on insurance, insurtech and technology, and market conditions.Group Benefits and Health...
Jan 24 2025 // Fitch Ratings said in an outlook revision that it expects Mercury General Corp.’s credit profile will withstand the impact of the Eaton and Palisades fires near Los Angeles, but the agency also gave a negative...