Latest Trends Headlines

All the headlines from our Trends Topic Page, ordered by recency.

Slovenia Hit by Worst Floods in More Than a Decade, Killing Several People

Aug 4 2023 // Several people were killed in Slovenia as the southern European nation was hit by some of the worst flooding in more the decade, with rapidly rising waters submerging towns in the country’s north.The Slovenian...

Forecasters Stress Uncertainty in Latest Hurricane Forecast

Aug 4 2023 // Forecasters from Colorado State University (CSU) stressed uncertainty in their latest outlook on Thursday for the current Atlantic hurricane season, even as they held steady the number of storms expected.This year’s...

Report: Auto Insurance Premiums Rise 17% in H1 of 2023

Aug 3 2023 // Car insurance premiums are skyrocketing primarily due to rising auto parts costs and extreme weather, according to virtual insurance agent platform Insurify’s Q3 2023 Mid-Year Auto Insurance Trends Report.In the...

Insuring the Future: How Gen Z Digital Natives Are Transforming Insurance

Aug 2 2023 // Generation Z insurance consumers – or those born between roughly 1997 and 2012 – want the insurance process to be authentic, honest, and immediate. That’s according to guests on The Insuring Cyber Podcast’s...

The Future of Variable Lines Broker Management

Aug 1 2023 // This post is part of a series sponsored by AgentSync. What automation looks like for variable lines compliance How automated broker compliance can help or harm carrier reputations Why broker preferences are the future of...

Viewpoint: Innovation Trends Through the Lens of Qorus-Accenture Innovation Awards

Aug 1 2023 // The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together the industry’s trendsetters and pioneers. Now in its eighth year, this program...

Study: Motor Vehicle Thefts Soar in First Half of 2023

Jul 28 2023 // During the first half of 2023, vehicle thefts soared while most other crimes declined, according to a new study of crime trends in 37 cities released this week by the Council on Criminal Justice.Continuing an upward...

Experts Discuss Risks, Opportunities in Emerging Cannabis Products

Jul 27 2023 // New cannabis products like gummies, drinks and new consumables bring the promise of exponential growth and the normalization of public consumption, promising to significantly reshape the business landscape for insuring...

Homeowners Affected by Hurricanes Urged to Complete Restore Louisiana Survey by August 1

Jul 26 2023 // Louisiana Gov. John Bel Edwards and the Office of Community Development announced that homeowners impacted by Hurricanes Laura, Delta, Ida and the May 2021 severe storms have until August 1 to complete the Restore...

Russia’s Danube Attacks Threaten Ukraine Grain Exports; Ports’ Insurance Rates Rise

Jul 26 2023 // Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv’s exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning...

Japanese Used-Car Exec to Step Down After Revelations of Fraudulent Insurance Claims

Jul 26 2023 // The president of Japanese used-car dealership Bigmotor Co. Ltd. said he will step down after revelations of fraudulent insurance claims by the company’s repair shops, a scandal that has also ensnared Sompo Japan...

Agency M&A Down 24% in First Half 2023: OPTIS

Jul 26 2023 // Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions during the first half of the year was 359, down 24% from 475 during the same time last year.“The drop-off in deal...

Report: California Workers’ Comp Premium Levels on the Rise

Jul 25 2023 // California workers’ compensation premium levels rose by 14% in 2022 due to the economic recovery from the pandemic-related downturn, according to the new Workers’ Compensation Insurance Rating Bureau of...

After Decades of Delays, Coal Miners Hail Rule to Slow Black Lung Disease

Jul 25 2023 // A half-century ago, the nation`s top health experts urged the federal agency in charge of mine safety to adopt strict rules protecting miners from poisonous rock dust.The inaction since – fueled by denials and lobbying...

Law Firm Must Name Clients Affected by 2020 Cyberattack, Judge Says

Jul 25 2023 // Covington & Burling must identify some clients caught up in a 2020 hack on the law firm to the U.S. Securities and Exchange Commission, a federal judge in Washington ruled on Monday in a case that could impact future...

Wildfires Rage Across Greece With Record Heat Forecast for Italy

Jul 24 2023 // Wildfires are raging across Greece after about 19,000 people were evacuated from the island of Rhodes over the weekend, while record temperatures are forecast for Sardinia.Over the past 24 hours, 162 fires have been...

Arkansas Schools Face 130% Increase in Property Premiums, Seek Financial Assistance

Jul 24 2023 // An Arkansas subcommittee last week approved Gov. Sarah Huckabee Sanders’ request for close to $11 million from the state’s restricted reserve fund to offset costs for school districts facing soaring property...

Auto Claims Inflation Speeds Ahead of Premium Increases

Jul 24 2023 // Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road Ahead, by the American...

Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims

Jul 21 2023 // Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information Institute...

Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis

Jul 18 2023 // Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, blockchain analytics firm Chainalysis said...