Best Read Trends Headlines
Headlines from our Trends Topic Page with the most time spent reading.
#1 AXA’s Capital Buffers Beat Expectations as Q1 Sales Rise
May 15 2023 // AXA, Europe’s second-biggest insurance company, posted a better-than-expected key capital buffer measure in the first quarter, reassuring investors on its capacity to generate cash as it navigates a higher interest...
#2 Commercial Insurance Price Increases Stay Level But Clients Still Worried: CIAB
Feb 24 2023 // “Stabilization” and “moderation” continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned about future hikes, according...
#3 2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian
Dec 2 2022 // An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage...
#4 Fraudulent Instruction, Data Theft Trends to Continue in 2023: Beazley
Feb 9 2023 // Incidents of fraudulent instruction scams were up 13% in 2022, according to specialist insurer Beazley’s new Cyber Services Snapshot report. Under fraudulent instruction scams, criminals use hacking and phishing...
#5 Bird Flu Costs Pile Up as Outbreak Enters Second Year
Feb 22 2023 // The ongoing bird flu outbreak has cost the government roughly $661 million and added to consumers’ pain at the grocery store after more than 58 million birds were slaughtered to limit the spread of the virus. In...
#6 CSU Research Team Forecasts Slightly Below Average 2023 Hurricane Season
Apr 14 2023 // The hurricane research team at Colorado State University in its early forecast of the 2023 Atlantic hurricane season is predicting slightly below-average activity. The CSU Tropical Meteorology Project team is predicting 13...
#7 Crypto Crime Hits Record $20B in 2022, Report Says
Jan 12 2023 // Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. The...
#8 Courtroom Predictions for 2023 From Clyde & Co
Dec 15 2022 // Insurance law firm Clyde & Co put together some predictions for 2023. The bad news for claims: nuclear verdicts aren’t going anywhere. Here is that prediction as well as some others. Nuclear Verdicts Show No Sign...
#9 MGAs, DUAEs Sparked Double-Digit Growth in 2022 U.S. Premiums: AM Best
May 3 2023 // Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8 percent to $67.6 billion, according to a...
#10 Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey
Nov 7 2022 // Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has...
#11 Industry Experts Talk Future of Insurance at 2022 ITC Conference
Sep 29 2022 // Our editorial team caught up with attendees at the 2022 InsureTech Connect conference in Las Vegas. Industry experts took the time to discuss what this year’s theme, The Future of Insurance, means to them. They also...
#12 U.S. Proposes 56% Vehicle Emissions Cut by 2032, Requiring Big EV Jump
Apr 12 2023 // The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move it says could mean two out of every three new vehicles automakers sell will be...
#13 Ransomware Attacks on Industrial Firms Increased by 87% in 2022
Feb 14 2023 // Ransomware attacks against industrial organizations increased by 87% in 2022 from the year before, with most malicious software targeting the manufacturing sector, according to findings published Tuesday. Hackers last year...
#14 U.S. Commercial Lines Prices Up 5% in Q3: WTW
Dec 13 2022 // With the exception of directors & officers liability and workers compensation, nearly all lines of business in the U.S. continued to see rate increases in the third quarter of 2022, according to WTW’s Commercial...
#15 Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out
Feb 14 2023 // The distribution and severity of nurse practitioner (NP) office practice setting claims have increased sharply since 2017, according to a new report from CNA in collaboration with its business partners at Nurses Service...
#16 Report: 90% of U.S. Counties Hit With Disaster in Last Decade
Nov 17 2022 // Ninety percent of the counties in the United States suffered a weather disaster between 2011 and 2021, according to a report published Wednesday. Some endured as many as 12 federally-declared disasters over those 11 years....
#17 Property Leads Q1 Commercial Insurance Price Increases: WTW CLIPS
Jun 14 2023 // Commercial property insurance, with double-digit first quarter price increases, led other lines of businesses tracked by WTW’s Commercial Lines Pricing Survey (CLIPS). CLIPS found the aggregate price change for U.S....
#18 Women Still Underrepresented in Agency Leadership: Survey
Mar 8 2023 // A new report showed that while more agencies have at least one woman in leadership, men still outnumber women in leadership two to one. Women make up more than half of all employees in insurance agencies, but less than...
#19 Price Increases Continue at 6% for U.S. Commercial Insurance in Q2: WTW
Sep 12 2022 // U.S. commercial insurance prices increased again during the second quarter 2022, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported by carriers...
#20 Paper Finds Employers Increasingly Willing to Hire Workers With Criminal Records
Sep 2 2022 // Newswise — A new paper in The Quarterly Journal of Economics, published by Oxford University Press, indicates that many American businesses are willing to hire workers with criminal records. Such companies become even...
