All the headlines from our Trends Topic Page, ordered by recency.
Oct 26 2023 // Hurricane Otis left a trail of destruction in Acapulco after tearing into the historic Mexican beach town with wind speeds of 165 miles (266 kilometers) per hour, smashing shops and wrecking apartment buildings and...
Oct 23 2023 // Two dates in recent memory have shaped the uncertain future of the Fayette Power Project, a coal-fired power plant near La Grange.First, on March 26, 2020, the Austin City Council approved an emissions-reduction plan that...
Oct 23 2023 // “Climate-exacerbated wildfires” cost the nation $394 billion to $893 billion each year in economic costs and damages, according to a Congressional report out this week.The range combines estimates from existing...
Oct 23 2023 // British workers coming into the office every day outnumber those who spend part of the week working from home, for the first time since the end of pandemic restrictions.A survey by recruitment company Hays Plc of nearly...
Oct 19 2023 // Uber and one of its New York drivers who failed to pull within a foot of the curb when picking up a passenger must face a negligence lawsuit after all.A lower court had dismissed the negligence suit against Uber and the...
Oct 19 2023 // Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for Christoph Gebald, whose startup, Climeworks AG,...
Oct 18 2023 // Third quarter net income at Travelers Cos. fell 11% compared to the prior-year quarter to $404 million on higher catastrophe losses and unfavorable reserve development.As one of the first insurers to report quarterly...
Oct 17 2023 // The number of soured commercial real estate loans has begun to rise in the UK as the rapid increase in interest rates feeds through to property valuations.The overall default rate on UK commercial real estate debt reached...
Oct 16 2023 // The forecast for Florida citrus, the state’s signature crop, is expected to improve in the upcoming season compared to last year when twin hurricanes battered the state at the start of the citrus season, according to...
Oct 16 2023 // The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses and regulations that the rating firm said hinder the insurance giant’s ability to...
Oct 16 2023 // While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results.According to the U.S. Property &...
Oct 16 2023 // A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report...
Oct 16 2023 // Average paid losses on California workers’ compensation lost-time claims fell immediately after legislative reforms of SB 863 took effect a decade ago, but then gradually increased up until the pandemic hit,...
Oct 16 2023 // The risk landscape is seemingly ever-expanding. While the insurance industry faces the familiar — yet more costly — severe weather activity, there may be new risks emerging below the surface and above the...
Oct 16 2023 // Most American consumers and business owners share concerns about the year ahead as economists debate whether a soft or hard landing is in store for the U.S. These concerns, driven by sticky inflation and rising interest...
Oct 16 2023 // Connecting the insurance ecosystem through the power of technology could answer the decades-old problem of duplicate entry for agents. Agents still must navigate through multiple carrier portals to complete a single quote,...
Oct 13 2023 // Nearly half of 400 insurance executives responding to a recent survey said their current priorities center on improving profitability rather than growing their businesses.Forty-eight percent of participants reported they...
Oct 12 2023 // Effective today, Pat Tomlinson has been named president of Marsh McLennan’s Mercer, and will succeed Mercer CEO Martine Ferland upon her retirement March 31, 2024.In the meantime, as president, Tomlinson will report...
Oct 12 2023 // Powered by InsuranceJournal.tvCertain exclusions that were once prevalent in cannabis insurance seem to be eroding, possibly a sign of some good news for businesses in the industry. A group of experts gathered during...
Oct 11 2023 // Powered by InsuranceJournal.tvUnique vapes, infused cocktails and even personal hygiene items — the variety of new and emerging cannabis products is a clear sign the industry is maturing and innovating. And more...