Headlines from our Trends Topic Page with the most time spent reading.
Dec 1 2023 // (Bloomberg) — A roughly 13,000-square-foot, full-floor penthouse and roof at the Rosewood Residences, a 17-story condo tower designed by Peter Marino in Miami’s South Beach, could soon be the most expensive in...
Dec 15 2023 // From a broad view, data from the cannabis industry fails to paint an informative picture of what lies ahead for the business in 2024 or what the year holds for insurance professionals specializing in servicing the...
Dec 18 2023 // The Florida property and casualty insurance market is not out of the woods but it is showing signs of progress, from litigation trends to capital investments in the state, according to almost two dozen people who spoke at...
Feb 23 2024 // “Good Night. Malaysian Three Seven Zero.” Those six words were the last radio transmission from the cockpit of Malaysia Airlines Flight 370, less than an hour after the aircraft took off late at night from...
Dec 15 2023 // A report out this week from the National Oceanic and Atmospheric Administration shows the Arctic summer surface air temperatures were the warmest on record, with some areas, including northern Alaska and Canada, 7.2...
Nov 29 2023 // LANSING, Mich. (AP) – Michigan is on the verge of implementing one of the nation’s most ambitious clean energy mandates, aiming to be carbon-free by 2040 in what is a pivotal test of the Democrats’...
Jul 18 2024 // HORSESHOE BEACH, Fla. (AP) — Lisa Bregenzer’s waterfront home was her “little slice of heaven.” She watched sunsets and migrating birds from the porch, the Gulf of Mexico in the distance. There, she...
Dec 5 2023 // War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday and fears grow over worsening perils for commercial shipping, maritime and insurance sources said on...
Nov 28 2023 // The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, according to Swiss Re.The pace of claims growth in...
Mar 4 2024 // The auto insurance market is tough and varied. Totaled auto losses are up, down or relatively stable, depending on the data source.Ever since the personal auto segment recorded a combined ratio of 112 in 2022 – a figure...
Dec 4 2023 // The U.S. personal lines insurance industry faces too many daunting challenges, leading AM Best to maintain its negative outlook.The outlook for personal lines was changed to negative in September 2022 – at first due in...
May 1 2024 // On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.A quarter-mile ahead, the truck’s sensors spotted a trash can blocking one lane and a tire in...
Apr 19 2024 // With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes staying in double-digits, Travelers reported $1.1 billion in net...
Dec 4 2023 // Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly withdrawing assistance against climate shocks.Lower-income countries and workers in...
Nov 4 2024 // Special relationships, fiduciary duties, the hard market and disasters, are areas of exposure that agencies need to watch over when it comes to agency E&O, the experts say. Here’s why.Special Relationships One...
Nov 30 2023 // Overall commercial property/casualty premiums increased slightly more than 8% on average in the third quarter, marking six full years of steady increases.According to The Council of Insurance Agents and Brokers’ Q3...
Dec 13 2023 // The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships they deem connected to Israel with fears of a spillover that could disrupt global supplies sailing through the...
Sep 25 2024 // Insurers have failed to win dismissal of a federal COVID-19 business interruption lawsuit against them by the luxury hotel chain Mandarin Oriental.Judge John P. Cronan of U.S District Court in New York found that...
Dec 14 2023 // While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with...
Nov 30 2023 // Substantial rate improvements, higher attachment points and rising investment income are combining with increased demand for reinsurance cover to create a stable outlook for the global reinsurance sector, according to AM...