All the headlines from our Trends Topic Page, ordered by recency.
Dec 9 2021 // AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive pricing momentum driven by rising loss cost inflation, enhanced underwriting discipline,...
Dec 9 2021 // This post is part of a series sponsored by CoreLogic.With the 2021 hurricane season coming to an end, insurers and government agencies are beginning to take stock of what occurred and how damages stacked up compared to...
Dec 8 2021 // E-commerce pet products company Chewy plans to begin selling pet health insurance plans from pet insurer Trupanion to its 20 million customer base. The insurance will be sold under the Chewy Health brand that includes...
Dec 8 2021 // Independent personal lines insurance agency, Goosehead Insurance Inc., has enter into the life insurance space through an alliance with insurtech Ethos Life (Ethos). The company announced today that through...
Dec 7 2021 // Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports an improving sector outlook for 2022, according to Fitch...
Dec 6 2021 // AM Best has revised its 2022 market segment outlook for the U.S. property/casualty commercial lines insurance industry to stable from negative, despite some near-term challenges including inflation, an uneven economic...
Dec 6 2021 // With good news comes bad, and vice-versa in Florida’s growing but rapidly deteriorating property insurance market, industry analysts said at a two-day Florida Chamber of Commerce Insurance Summit last week.First,...
Dec 6 2021 // Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along with elevated inflation and supply chain issues, may counteract recent positive...
Dec 6 2021 // Surety requires a highly complex and specialized form of underwriting. It is also an excellent career path for those who thrive on complex challenges, have a genuine interest in buildings and infrastructure, and enjoy...
Dec 6 2021 // The summer surge of COVID-19 claims that hit the California workers’ compensation system in July and August appears to have run its course, according to the California Workers’ Compensation Institute.A CWCI...
Dec 2 2021 // Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average...
Dec 2 2021 // The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry enters a sustained period of strong growth.The post-Covid-19 growth will be...
Dec 2 2021 // The U.S. central bank needs to be ready to respond to the possibility that inflation may not recede in the second half of next year as most forecasters currently expect, Federal Reserve Chair Jerome Powell said on...
Dec 2 2021 // A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover from European insurers for the politically sensitive project to bring Russian gas directly to...
Dec 1 2021 // The disease known as COVID-19 may have caused wrenching changes around the world, but its effects on workers’ compensation claims were relatively minor in 2020, the National Council on Compensation Insurance said in...
Nov 30 2021 // The Washington Department of Labor & Industries announced a 3.1% increase in the average worker’s compensation premium rate for hours worked in 2022.“A modest hike is needed because of the rising costs to...
Nov 30 2021 // Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates in the state will decrease for the fifth year in a row, effective December 1, 2021.The voluntary market is seeing...
Nov 29 2021 // California regulators haven’t approved permits for the controversial oil and gas extraction process known as fracking since February, effectively phasing out the process ahead of Gov. Gavin Newsom’s 2024...
Nov 29 2021 // Universal Holdings, parent company of Universal Property and Casualty Insurance Co., Florida’s largest private P&C carrier, announced it had placed $100 million in notes to aid in future growth plans.The...
Nov 24 2021 // North Carolina homeowners will see insurance premiums climb an average of 7.9% next year, but that’s much less of an increase that a state rating bureau had requested, the state insurance commissioner announced.The...