All the headlines from our Trends Topic Page, ordered by recency.
May 17 2021 // Multiple ransomware groups claimed they were shutting down or scaling back operations on Friday as the U.S. government ramped up pressure while tech companies, cryptocurrency exchanges and others worried about getting...
May 17 2021 // The COVID-19 pandemic has upended the work environment in many ways, and cyber experts say one unfortunate result of the switch to remote work is an increase in cyber crime, particularly around social engineering...
May 17 2021 // The ongoing effects of the COVID-19 pandemic continue to dampen the entertainment sector, but the industry and its insurance partners are gearing up for a comeback.In the U.S., the theatrical, home/mobile entertainment...
May 17 2021 // As insurance markets harden across most lines, many in the industry are looking at the impact of social inflation: Increased litigation, broader contract interpretations and larger jury and settlement awards are driving up...
May 14 2021 // Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in the booming “decentralized finance” space hit an all-time high, a report from crypto...
May 13 2021 // Written premium for 2020 was 13% below the previous year, and was at the lowest since 2012, a new report out on Thursday shows.The Workers’ Compensation Rating Bureau of California Quarterly Experience Report, which...
May 10 2021 // MILAN – Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special purpose acquisition company (SPAC) in Milan by the end of May to target opportunities in the...
May 7 2021 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of Columbus, Ohio-based...
May 6 2021 // A new report highlights the opportunity for insurers in cannabis.New Dawn Risk launched its latest white paper on insurance for the U.S. legal cannabis, CBD and hemp markets. The 2021 report is called “Opportunity...
May 4 2021 // The economy in nine Midwest and Plains states is roaring back to life in the wake of a devastating global pandemic, according to a new monthly survey of business leaders and managers, with the survey’s overall index...
May 4 2021 // Despite less traffic on the road in 2020 and a 2% reduction in motorcycle crashes, there was a 17% increase in Texas motorcycle fatalities compared to 2019, state transportation officials say.The Texas Department of...
May 4 2021 // AM Best has upgraded the financial strength rating to A (excellent) from A- (excellent) and the long-term issuer credit ratings to “a” from “a-” of Union Mutual Fire Insurance Company, the lead...
May 4 2021 // The $2.2 trillion global Islamic finance industry is expected to grow 10%-12% over 2021-2022 due to increased Islamic bond issuance and a modest economic recovery in the main Islamic finance markets, S&P Global Ratings...
May 3 2021 // New Federal Aviation Administration (FAA) rules are expected to clear the way for expanded commercial use of drones, which are increasingly being used by insurers to assess property damage.The updated Operations Over...
May 3 2021 // As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February.That number reflects preliminary results from a data call...
May 3 2021 // North American buyers of commercial property/casualty insurance can expect an “ever-so-slight turn for the better” and a “less difficult marketplace” in the months ahead.However, global broker...
May 3 2021 // Medical liability insurance premiums have begun an upward trend after holding more or less steady during the past decade, according to a new analysis from the American Medical Association (AMA). In 2020, during the height...
Apr 30 2021 // Florida lawmakers passed two bills on the last day of their 2021 legislative session that make major changes to the state’s auto and property insurance markets.The actions follow weeks of back-and-forth debate on the...
Apr 30 2021 // Business travelers are eager to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions.They are also concerned that their lack of travel has hurt...
Apr 30 2021 // Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in 2020, according to the state insurance department.The Louisiana Department of Insurance...