All the headlines from our Trends Topic Page, ordered by recency.
Aug 16 2022 // In just 30 years, more than a quarter of the United States, including a large patch of the Upper Midwest, will face days with temperatures above 125 degrees and will see almost three times as many days above 103 degrees,...
Aug 15 2022 // Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance...
Aug 15 2022 // A majority of independent insurance agents (53%) are expecting a significant increase in online commercial insurance buyers over the next three years, according to a survey from Semsee, a platform for small-commercial...
Aug 15 2022 // Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9 billion, an increase of nearly 40% over the previous year, according to an AM Best report.The new Best’s...
Aug 11 2022 // The volume of claims litigation in Florida rose in June then declined in July by almost the same amount. But the share of cases that are assignment-of-benefits claims rose to the highest level since early 2021, a...
Aug 11 2022 // AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Claverack Cooperative...
Aug 11 2022 // According to a survey report released yesterday, not only are most North American businesses still not buying cyber insurance, but those that are don’t buy enough limit to cover last year’s median ransom...
Aug 8 2022 // Alex Jones is facing a hefty price tag for his lies about the Sandy Hook Elementary School massacre – $49.3 million in damages, and counting, for claiming the nation’s deadliest school shooting was a hoax – a...
Aug 8 2022 // At a recent workshop held by the Florida Office of Insurance Regulation, a claims specialist for USAA summed up the conundrum that property insurers are about to face when asked to report the other side’s legal fees...
Aug 5 2022 // The hurricane research team at Colorado State University has slightly lowered its outlook for the Atlantic hurricane season but is still calling for above-average action.The CSU Tropical Meteorology Project team is now...
Aug 4 2022 // Personal and commercial rate increases stabilized virtually across the board in the second quarter of 2022, according to MarketScout’s Market Barometer.U.S. personal lines rates increased 5.16 % in the second quarter...
Aug 4 2022 // The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50 million of insurance cover per cargo, industry sources involved said on...
Aug 2 2022 // Italy’s top insurer Assicurazioni Generali said on Tuesday it would increase prices to keep up with rising costs, and maintained its financial targets after a strong life business helped it beat first-half earnings...
Aug 1 2022 // Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance...
Aug 1 2022 // Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the workers’ compensation line, which remained negative, according to the Ivans Index second...
Aug 1 2022 // The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global...
Aug 1 2022 // The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn’t necessarily scaring insurers away, according to a 2022 Cyber...
Jul 29 2022 // July 27, 2022, Austin, TX – The National Alliance for Insurance Education & Research proudly announces the selection of Dustyne Bryant, MBA, CIC, CISR, as one of the American Property Casualty Insurance Association...
Jul 29 2022 // Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9 billion, an increase of nearly 40% over the previous year, according to an AM Best report.The new Best’s...
Jul 28 2022 // Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with loss costs, which are hardly benign.”Greenberg said during the July 27 call to discuss...